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May 12, 2026

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A picture taken on March 12, 2017, shows an Panamanian tanker docking at the platform of the oil facility in the Khark Island, on the shore of the Gulf.

Breaking | Last Updated: May 11, 2026, 4:31 pm

US hits China-linked Iran oil trade with sanctions ahead of Trump trip

The sanctions come after the United States rejected Iran's latest proposal to end the war.

PALM BEACH, FLORIDA - MAY 2: U.S. President Donald Trump speaks to journalists before boarding Air Force One at Palm Beach International Airport on May 2, 2026 in Palm Beach, Florida. Trump is spending the weekend at his Mar-A-Lago resort. (Photo by Roberto Schmidt/Getty Images)

Trump calls Iran response 'piece of garbage,' set to meet military advisers

A US Navy nuclear submarine reached port in Gibraltar on Sunday in an unsubtle signal from the Pentagon.

Ronen Zvulun / AFP via Getty Images

Netanyahu fears being left out as Trump pursues Iran diplomacy

Prime Minister Benjamin Netanyahu said he was not surprised by President Donald Trump’s suspension of Project Freedom and move toward talks with Iran, but analysts say Washington may not be fully weighing Israel's concerns in negotiations with Tehran.

Latest News

China’s overland trade routes offer Iran wartime economic lifeline: What to know

CN-STR / AFP via Getty Images

Analysis

Why Iran's wartime behavior risks lasting rupture with Gulf states

A woman walks past a banner featuring Iran's late supreme leaders, Ayatollah Ruhollah Khomeini (L) and Ayatollah Ali Khamenei (C), next to newly elected Supreme Leader Ayatollah Mojtaba Khamenei, in Tehran on April 19, 2026.

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics

Analysis

CIA report on Iran missiles undercuts Netanyahu as war euphoria dissipates

Traffic passes a billboard depicting Iranian ballistic missiles in service, with text in Arabic reading "the honest [person's] promise" and in Persian "Israel is weaker than a spider's web," Valiasr Square, Tehran, April 15, 2024. ATTA KENARE/AFP via Getty Images.

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

US strikes Iran tankers as UAE reports fresh missile, drone attacks

Getty

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

Iranian exiles shout slogans in front of a mock gallows to protest against executions in Iran during a demonstration outside the Iranian embassy in Brussels December 29, 2010. REUTERS/Francois Lenoir (BELGIUM - Tags: CIVIL UNREST POLITICS) - GM1E6CT1T7M01

New Iran law set to radically decrease executions

A new law in Iran has been written to reduce the death penalty for drug smugglers carrying smaller amounts.

Iran's President Hassan Rouhani delivers remarks at a news conference during the United Nations General Assembly in New York City, U.S. September 20, 2017. REUTERS/Stephanie Keith - RC1C81987250

Old friends steer Iran's Rouhani to the right

Iran’s president appears to be turning right on the political stage as his friends gain more prominence in his second-term Cabinet.

Iran, Turkey have own plans for Iraq's strategic Sinjar

The Islamic State has been largely driven out of Iraq, but Turkey and Iran both remain intensely interested in certain areas.

Saudi Arabia's Crown Prince Mohammed bin Salman (R) speaks with members of the royal family during an allegiance pledging ceremony in Mecca, Saudi Arabia June 21, 2017. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS. ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. - RC1D46E7F800

Is US counseling restraint to Saudi crown prince?

Saudi Arabia claims two "acts of war" in one week; Israel and Syria both back the Druze.

Vehicles of Kurdish Peshmarga Forces are seen near Altun Kupri between Kirkuk and Erbil, Iraq October 20, 2017. REUTERS/Azad Lashkari - RC1FFF872240

Congress abandons constraints on Kurdish aid

US lawmakers wary of Iraqi Kurds’ independence push have shelved their concerns amid Baghdad’s Iran-backed push to reassert control.

Posters depicting Lebanon's Prime Minister Saad al-Hariri, who has resigned from his post, are seen in Beirut, Lebanon, November 10, 2017. REUTERS/Mohamed Azakir - RC18F02935F0

Iran taking Saudi rhetoric, actions seriously

The Saudi-Iranian clash that has Lebanon swirling in the middle could spiral out of control.

Kurds divided over blame for loss of Kirkuk

The recapture of Kirkuk by Iraqi forces in the aftermath of the independence referendum is a heavy blow for Kurds in Iran, Syria and Turkey.

An Israeli soldier keeps watch by an Iron Dome rocket interceptor battery deployed near central Gaza Strip, southern Israel October 31, 2017. REUTERS/Amir Cohen - RC17FD29D770

Congress deepens US-Israel missile alliance

Congress’ annual defense bill tops Trump budget request by $500 million amid rising Iranian threat.

Pakistan army chief makes historic visit to Iran

Pakistan's army chief paid a rare visit to Iran's civil and military leadership in a bid for military cooperation.

Iran drawing closer to Azerbaijan

Long marred by political tensions largely driven by Iranian suspicions of Azerbaijan’s ties with Israel, relations between Baku and Tehran are beginning to reach new heights.

Gold trader case threatens economic fallout for Turkey

The sanctions-busting case against Iranian-Turkish businessman Reza Zarrab in the United States has raised the specter of continuing tensions in US-Turkish bilateral ties, with serious implications for the Turkish economy.

Iran’s debt market emerges as key to economic future

The Iranian debt market has emerged as a key venue — and battleground — for Iranian President Hassan Rouhani's administration to realize its economic aims.