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August 6, 2026

Tehran 7:46 am

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Explainer

Iran-Oman deal spurs Hormuz hopes as Red Sea threats evolve

Iran has signaled that an agreement was reached with Oman establishing a Hormuz shipping route even as Houthi attacks in the Red Sea expand.

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US stock markets soar to new records amid Hormuz deal hopes

The S&P 500, Nasdaq Composite and Dow Jones Industrial Average are on track for their best five-day performance since April 2025.

Latest News

US lifts sanctions on Iraqi airline linked to Iran's IRGC: What to know

A memorial depicting Qassem Soleimani, the slain commander of the "Quds Force" of Iran's Islamic Revolutionary Guards Corps (IRGC), who was killed by a US airstrike in Iraq in 2020, is pictured at Valiasr Square in Tehran on April 6, 2026. Israeli strikes killed the intelligence chief of Iran's Revolutionary Guards, as the Islamic republic on April 6 defied threats from the US President to devastate civilian infrastructure if it does not reopen the Strait of Hormuz. (Photo by ATTA KENARE / AFP via Getty Ima

Trump’s strategy on Iran may pay off as deal appears imminent

President Donald Trump waves as he boards Air Force One at Morristown Municipal Airport on Aug. 2, 2026 in Morristown, New Jersey.

Analysis

Why Iran is fighting to keep Hormuz at center of US negotiations

Two brothers watch oil tankers, general cargo ships, bulk carriers, and fishing boats anchored in the waters off Muscat near the Strait of Hormuz on June 18, 2026 in Muscat, Oman.

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics

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

A general view of Abadan oil refinery in southwest Iran, is pictured from Iraqi side of Shatt al-Arab in Al-Faw south of Basra, Iraq September 21, 2019. REUTERS/Essam Al-Sudani - RC156ACB6840

Intel: Iraq bank set to halt Iran gas transfers as US sanctions waiver expires

The Trade Bank of Iraq is expected to stop processing payments to Iran if US sanction exemptions expire next month.

U.S. President Donald Trump meets with Iraq's President Barham Salih during the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 22, 2020. The Presidency of the Republic of Iraq Office/Handout via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. - RC20LE9BTG35

Iraq president calls for restraint after meeting Trump in Davos

Stressing the need for reforms to address youth unemployment and security, Iraqi President Barham Salih said "this is not time for another conflict" after meeting with his US counterpart in Davos.

A view shows a new S-400 "Triumph" surface-to-air missile system after its deployment at a military base outside the town of Gvardeysk near Kaliningrad, Russia March 11, 2019. Picture taken March 11, 2019. REUTERS/Vitaly Nevar - RC11938EDE40

Will Russia provide missiles to 'close the entire sky' over Iran?

Given the recent escalation in tension between Tehran and Washington, Moscow is examining ways to possibly beef up Iranian military capabilities.

‘Pro bono’ lobbyists bet on regime change payday

Unpaid lobbying contracts can lead to lucrative connections by helping the right people get into power.

EDITORS' NOTE: Reuters and other foreign media are subject to Iranian restrictions on their ability to report, film or take pictures in Tehran.

Members of Iran's Basij militia march during a parade to commemorate the anniversary of the Iran-Iraq war (1980-88), in Tehran September 22, 2010. Iranian leaders hoping to lift morale at a time of rising prices, food shortages and threats of attack from Israel, are drawing on memories of another era when people united against a common foe: Saddam Hussein's Iraq. P

IRGC officer gunned down in Iran's southwest

Unknown gunmen have shot dead the commander of a local branch of Iran's Islamic Revolutionary Guard Corps in the country's southwest.

Palestinian Hamas militants take part in an anti-Israel military show in the southern Gaza Strip November 11, 2019. REUTERS/Ibraheem Abu Mustafa - RC2Z8D9ZR40Q

Gaza developments portend military escalation with Israel

Israel's political impasse is expected to affect the Palestinians' situation in the Gaza Strip, and Israeli intelligence believes new military confrontations will erupt as the security and humanitarian situation there continues to deteriorate.

A man holds a picture of late Iranian Major-General Qassem Soleimani, as people celebrate in the street after Iran launched missiles at U.S.-led forces in Iraq, in Tehran, Iran January 8, 2020. Nazanin Tabatabaee/WANA (West Asia News Agency) via REUTERS ATTENTION EDITORS - THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY - RC2JBE917CLC

Donald Trump, the 'divine gift' to Iranian hard-liners

Iranian President Hassan Rouhani, who had advocated diplomacy with the West, has lost public support after the United States' assassination of Gen. Qasem Soleimani, giving hard-liners an opening they can easily exploit.

The Reformist push for Rouhani's resignation

Iran's Reformists have proposed that President Hassan Rouhani step down, but, surprisingly, hard-liners have opposed the idea.

Are we seeing the calm before the storm in the Gulf?

The Gulf states need calm for economic growth and security, but it all depends on what the United States and Iran do next.

OSAKA, JAPAN - JUNE 29: (RUSSIA OUT) Saudi Arabia's Prince and Defence Minister Mohammad bin Salman al Saud speeches during a bilateral talks at the G20 Osaka Summit 2019, on June 29, 2019 in Osaka, Japan. Vladimir Putin has arrived to Japan to partcipate the G20 Osaka Summit and to meet U.S.President Donald Trump. (Photo by Mikhail Svetlov/Getty Images)

How Soleimani’s slaying could affect Iran-Saudi ties

The US killing of Iran’s revered Quds Force commander Qasem Soleimani could pose serious security repercussions for Saudi Arabia.

General view of the debris of the Ukraine International Airlines, flight PS752, Boeing 737-800 plane that crashed after take-off from Iran's Imam Khomeini airport, on the outskirts of Tehran, Iran January 8, 2020 is seen in this screen grab obtained from a social media video via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. MANDATORY CREDIT. - RC26DE9NFQEP

Iran in tug of war over downed plane's flight recorders

The international probe into a Ukrainian plane downed by Iran is facing bumps as Tehran is refusing to transfer abroad the recovered black boxes, while admitting it doesn't know how to decipher the data.

Meet the dismissed sports host who challenged Iran’s state TV

Popular sports host Adel Ferdosipour, who recently witnessed his show being taken off the air by hardliners in the state TV, has now launched a new show on the internet.