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Iran

April 29, 2026

Tehran 11:51 pm

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A pumpjack stands idle in the Huntington Beach oil field, with port cranes visible in the distance, on April 23, 2026, in Huntington Beach, California.

Oil surges past $120 to war-time high as Trump rejects Iran overture

Benchmark Brent crude surpassed $120 per barrel on Wednesday, reaching the highest levels yet seen during the US-Israel-Iran war.

President Donald Trump gives a speech during the State Arrival Ceremony on the South Lawn on April 28, 2026, in Washington.

Trump speaks with Netanyahu, Putin as Iran pressure campaign escalates

President Donald Trump spoke by phone separately with Israeli Prime Minister Benjamin Netanyahu and Russian President Vladimir Putin, discussing the situation in Iran and the possibility of extending the ceasefire.

An Iraqi money dealer counts Iranian rial banknotes bearing a portrait of the late founder of the Islamic Republic of Iran, Ayatollah Ruhollah Khomeini, at an exchange office in Baghdad on Feb. 3, 2012.

Iranian rial hits new record low as blockade, war take toll: What to know

The rial had another collapse in late 2025, triggering massive protests and riots in the country that were ended by a forceful government crackdown.

In this handout photo provided by the U.S. Navy, Two F/A-18 Super Hornets launch from the flight deck of Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72) in support of Operation Epic Fury on March 3, 2026 in the Mediterranean Sea.

Pentagon: Iran war has cost US estimated $25B so far

A supplemental request won’t be delivered to Congress until the Pentagon fully assesses the war’s cost, a top budget official told House lawmakers.

Latest News

Analysis

How long can Iran's economy withstand Trump's naval blockade?

The Ateela 2 oil tanker boat navigates the sea on April 28, 2026, on Qeshm Island, Iran, in the Strait of Hormuz.

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics

Analysis

UAE’s OPEC exit rattles cartel as Gulf alliances shift

GIUSEPPE CACACE/AFP via Getty Images

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

First LNG tanker transits Strait of Hormuz since Iran war began

Yuichi YAMAZAKI / AFP via Getty Images

Elizabeth Hagedorn

Diplomatic Correspondent

In Washington, DC, reporting on diplomacy, regional politics, human rights

Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

A correspondent in Tehran

In Tehran, reporting on politics

Benjamin Houghton

In Durham, reporting on China in the Middle East

Rahim Rahimov

In Baku, reporting on Middle East-Caucasus ties

Mehrnaz Samimi

In Washington, DC, reporting on Iranian culture

Permanent Representative of Iran Amir Saeid Iravani is seen during the 5th plenary meeting of the Economic and Social Council regarding the removal of the Islamic Republic of Iran from membership in the Commission on the Status of Women at the United Nations headquarters, New York, Dec. 14, 2022.

Iran’s UN envoy: US military boost leaves it 'exposed' to attacks, Saudi-Israel normalization derailed by war

Saeid Iravani told Al-Monitor that Saudi Arabia’s normalizing relations with Israel in the foreseeable future has reached an impasse following war in Gaza.

A truck carries an Iranian Fattah hypersonic ballistic missile during the annual military parade marking the anniversary of the outbreak of the devastating 1980-1988 war with Saddam Hussein's Iraq, in Tehran, Iran, Sept. 22, 2023.

How significant is Iran's unveiling of latest hypersonic cruising missile?

Iran continues to voice support for Hamas in its war against Israel while boosting its own military capabilities.

Iran Qaani

How far will Iran go to support Hamas in war with Israel?

Forty days into the Israel-Hamas war, the commander of Iran's Quds Force promised the militant group that Iran "will do anything required." Yet questions linger over Iran's willingness to risk direct involvement.

Iran Manoto

Iran hardliners celebrate imminent shutdown of UK-based Manoto TV

The independent Persian-language channel Manoto said it was about to shut down due to financial strains, as official Iranian media celebrated the news.

People protest against executions and detentions in Iran, in front of the Iranian Permanent Mission to the UN in New York City on December 17, 2022. (Photo by Kena Betancur / AFP) (Photo by KENA BETANCUR/AFP via Getty Images)

Iran executed 114 people since Israel-Hamas war began: report

It seems Iran is taking advantage of the world focus on the Israel-Hamas war to carry out mass executions across its prisons.

Iranian Foreign Minister Hossein Amir-Abdollahian and his Turkish counterpart, Hakan Fidan.

Israel's Gaza war opens room for Turkey-Iran rapprochement

Turkey’s Gaza diplomacy has failed to bear fruit thus far, but it has clearly led to a rapprochement between Ankara and Tehran.

Iran Raisi

Iran's Raisi intensifies Gaza diplomacy ahead of Riyadh visit

At a regional economic summit in Uzbekistan, the Iranian president attempted to galvanize diplomatic pressure on Israel, as he prepared for a separate meeting of Muslim nations in Riyadh, his first visit to the kingdom following the Iranian-Saudi reconciliation.

Iranians shop for fruits at a market in Tehran on November 21, 2019. (Photo by STR / AFP) (Photo by STR/afp/AFP via Getty Images)

Can food security help forge Iran-GCC ties?

Shifting attitudes to food security have the potential to turn the agricultural and food sectors into the main platform for greater trade and investment between the Gulf Cooperation Council (GCC) and Iran.

Bijan Khajehpour

Bijan Khajehpour

In Vienna, reporting on Iranian politics

NORTHEASTERN SYRIA - MAY 26: U.S. Army CH-47 Chinook helicopter gunners scan the desert while transporting troops on May 26, 2021 over northeastern Syria. U.S. forces, part of Task Force WARCLUB operate from remote combat outposts in northeastern Syria, coordinating with the Syrian Democratic Forces (SDF) in combatting residual ISIS extremists and deterring pro-Iranian militia. (Photo by John Moore/Getty Images)

US launches new airstrikes against IRGC facility in Syria as attacks continue

US F-15s bombed a facility in eastern Syria as the Pentagon's Middle East policy director openly warned that the US military may target Iranian IRGC personnel in a bid to halt militia attacks on American troops.

Iraqi Prime Minister Mohammed Shia al-Sudani meets with Iran's supreme leader Ali Khamenei in Tehran on Nov. 6, 2023.

Iran's Khamenei urges Iraq PM to pressure US over Gaza

Iraqi Prime Minister Mohammed Shia al-Sudani's Tehran visit came only one day after US Secretary of State Antony Blinken was in Baghdad, amid an uptick in Iran-backed militia attacks on US bases in the region in response to Israel's war on Hamas.

Bita loom

Culture

Iranian artist Bita Ghezelayagh points pens and roses at censorship

Iranian artist Bita Ghezelayagh fuses ancient Iranian crafts with universal themes of rebellion, hope and alienation.

Haniyeh meets Khamenei

Hamas leader meets Iran’s Khamenei in Tehran

Iran is the main financial backer of Hamas. Its proxies across the region have increased attacks on US and Israeli targets in recent weeks.