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May 18, 2026

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A tugboat guides the Russian oil tanker Anatoly Kolodkin as it arrives at the oil terminal in the port of Matanzas, northwestern Cuba, on March 31, 2026.

Breaking | Last Updated: May 18, 2026, 1:36 pm

US extends Russian oil sanctions waiver as Iran war squeezes supply

The waiver temporarily lifts sanctions on Russian oil for 30 days.

Ritesh Shukla/Getty Images

Oil swings as UAE nuclear plant strike, Iran diplomacy push roil markets

International benchmark Brent crude futures whipsawed on Monday as markets digested a dangerous new escalation alongside signs of diplomatic progress.

Amid FARAHI / AFP via Getty Images

Iran confiscates assets of 129 alleged ‘traitors’ in West Azerbaijan province

Iranian authorities have cracked down on people accused of collaborating with the US and Israel since the war erupted in February while fears of renewed fighting remain high amid stalled peace talks.

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Analysis

Pakistan’s six corridors offer Iran a trade lifeline, could outlast Hormuz crisis

Iranian cargo trucks cross into the Pakistan-Iran border at Taftan, Balochistan province, on June 18, 2025, amid the ongoing conflict between Israel and Iran.

Sabena Siddiqui

By Sabena Siddiqui

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

Analysis

From hoarding to unemployment: Iran's economy buckles under US pressure

Women shop from a street vendor at Enghelab Square in the capital Tehran on Nov. 11, 2025.

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics

Analysis

How the Iran war is exposing a growing Saudi-UAE divide

Explosions rattled buildings in Dubai and a large cloud of smoke hung over a central area of the Middle East financial hub on March 13, 2026.

Francesco Schiavi

By Francesco Schiavi

In Bologna, reporting on security, defense, economy, governance

Analysis

‘A reckless act’: Netanyahu sparks UAE fury by claiming secret visit

US President Donald Trump talks to UAE President Sheikh Mohamed bin Zayed Al Nahyan as he departs the Al Bateen Executive Airport on May 15, 2025, in Abu Dhabi, United Arab Emirates.

In Tel Aviv, reporting on national security, Israeli politics, defense

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

U.S. Secretary of State John Kerry talks with Iranian Foreign Minister Javad Zarif after the International Atomic Energy Agency (IAEA) verified that Iran has met all conditions under the nuclear deal, in Vienna January 16, 2016. REUTERS/Kevin Lamarque - RTX22P9I

Iran's parliament criticizes remaining US sanctions

A report by Iran’s parliament says that the United States has made transactions between Iranian and large European banks challenging, impacting the effects of the nuclear deal.

U.S. President Donald Trump looks at French President Emmanuel Macron before a family photo at the G20 summit in Hamburg, Germany July 7, 2017. REUTERS/Carlos Barria - RTX3AGKS

Trump and Macron seek common ground on Syria, terrorism

Despite tensions over the Paris climate change accord, the two leaders have common interests in the Middle East.

'Game of Thrones' fever grips Iran

Fans across Iran are waiting eagerly for the new season of "Game of Thrones," a show whose content and storytelling style resemble the epic tales Iranian children grow up with.

Iraqi Foreign Minister Naji Sabri prays during Friday prayer in a
mosque in Baghdad April 4, 2003. Terrified civilians fled into Baghdad
on Friday after U.S. forces battled their way into the nearby
international airport, their biggest prize yet in a war to oust a
defiant President Saddam Hussein. REUTERS/Goran Tomasevic

GOT/WS - RTRLD6S

Iraqi oppositionists appear safe in Qatar for now

Politically besieged Doha is moving closer to Iraq, which raises concerns about the future of the Iraqi opposition residing in Qatar.

MEYMEH, IRAN - JUNE 03: Farmer Abbas Hamamian works his wheat field on June 3, 2014 in Meymeh, Iran. He said he has owned the 4-hectare farm for 15 years, and this year's rains have been good for his crop. Iran is marking the 25th anniversary of the death of the Ayatollah Khomeini and his legacy of the Islamic Revolution. (Photo by John Moore/Getty Images)

Rouhani leads Iran’s return to wheat exports

After years of imports, Iran has once again regained its self-sufficiency in wheat production under the Hassan Rouhani administration.

Iran's President Hassan Rouhani attends a meeting during the Asia Cooperation Dialogue (ACD) summit at the Foreign Ministry in Bangkok, Thailand, October 10, 2016. REUTERS/Athit Perawongmetha - RTSRK1N

Iran to US: Worry about your own domestic problems

Iranian officials have criticized US Secretary of Defense James Mattis for accusing Iran of causing instability in the region and saying regime change in Tehran will have to precede renewed ties with the United States.

Iraqi Shi'ite Muslims from Hashid Shaabi (Popular Mobilization) march during a parade marking the annual al-Quds Day, or Jerusalem Day, in Baghdad, Iraq June 23, 2017. REUTERS/Khalid al Mousily - RTS18BPH

Is Iran running Iraq's Popular Mobilization Units?

Some leaders and members of Iraq's PMU are heavily swayed by Iran, which is pressuring Iraq to distance itself from the United States.

Rise of new Saudi crown prince stirs serious concerns in Iran

While the elevation of Mohammed bin Salman was no surprise to many observers in Tehran, his de facto rule over Saudi Arabia is raising serious concerns in Iran.

People hold up pictures of the victims of the AMIA Jewish center bombing during a ceremony to mark the 22nd anniversary of the 1994 attack that left 85 dead in Buenos Aires, Argentina, July 18, 2016. REUTERS/Enrique Marcarian - RTSIJ2R

Iran ready to work with Interpol over 1994 Argentina bombing

Iran expressed readiness to start talks over its alleged involvement in a 1994 bombing in Argentina.

(down L-R)Iranian President Hassan Rouhani, Venezuelan president Nicolas Maduro, Palestinian President Mahmoud Abbas, Bolivian president Evo Morales and North Korea's nominal head of state Kim Yong Nam pose during the photo family after the opening ceremony of the Non-Aligned Movement summit in Porlamar, Margarita Island, Venezuela, on September 17, 2016.
With the left increasingly isolated by a crushing political and economic crisis, Venezuela is seeking the support of old friends at the Non-Aligned Moveme

Iran-PA relations continue to nosedive

Palestinians criticized the Fatah parliamentary bloc’s participation in the Iranian opposition conference held recently in Paris, and considered it to be interference in Iran’s internal affairs.

Volunteers, who have joined the Iraqi Army to fight against predominantly Sunni militants, carry weapons and a portrait of Grand Ayatollah Ali al-Sistani during a parade in the streets in Baghdad's Sadr city June 14, 2014. An offensive by insurgents that threatens to dismember Iraq seemed to slow on Saturday after days of lightning advances as government forces regained some territory in counter-attacks, easing pressure on the Shi'ite-led government in Baghdad. REUTERS/Wissm al-Okili (IRAQ - Tags: CIVIL

Iran congratulates Iraqis on Mosul liberation

A number of Iranian officials congratulated the Iraqi people and the army for the liberation of Mosul, underlying the importance of good relations between the two countries.

Iranian Principlists maneuver to contain hard-liners

Most Principlists are actively working to contain radicals within their camp, but their endeavor isn’t being helped by pride among Reformists riding on the back of consecutive electoral successes.