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Iran

August 3, 2026

Tehran 7:59 pm

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Oil falls 5% after Trump calls off Iran strikes, says Hormuz deal agreed

Oil prices fell after President Donald Trump said on Sunday that he had suspended planned strikes on Iran following a request from Tehran and other Middle Eastern countries.

An Egyptian man looks at the Qatari Liquefied Natural Gas (LNG) carrier "Duhail" as its passes through the Suez Canal near the Egyptian port city of Ismailia on April 1, 2008. The vessel has a capacity of 210,100 cu.m making it one of the largest LNG carriers constructed to date. AFP PHOTO/STR (Photo credit should read -/AFP via Getty Images)

Analysis

How strike on Damietta port exposes Egypt's energy infrastructure risks

The unclaimed attack on the port of Damietta could draw Egypt further into the US-Iran conflict as experts point to growing threats to critical infrastructure in the Eastern Mediterranean.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Palestinian Hamas militants arrive to secure the area as Egyptian workers accompanied by members of the International Committee of the Red Cross (ICRC), search for the last two remaining bodies of hostages -an Israeli soldier and a Thai national- from under the rubble of the Jabalia refugee camp, in the northern of Gaza Strip on Dec. 1, 2025.

Analysis

How Hamas disarmament deal may test Iran's regional strategy

A possible Hamas decision to disarm would represent more than a Gaza development, testing Iran's decades-old strategy of projecting power through regional allies.

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics

Latest News

Analysis

Renewed Iraq attacks test Zaidi’s push to disarm Iran-backed militias

Mourners carry one of the bodies of members of Iraq's Hashed al-Shaabi, or Popular Mobilisation Forces (PMF) who were killed earlier in Diyala in central Iraq by US-Saudi strikes, during the funeral in Baghdad on July 29, 2026. The US-Saudi strikes killed at least 20 militants, including Iranians, according to the Hashed al-Shaabi. The US and Saudi Arabia said the strikes were in response to attacks on US forces and Saudi oil facilities. (Photo by murtadha ridha / AFP via Getty Images) /

Mustafa Salim

By Mustafa Salim

Analysis

No Iran commitment, no Trump endorsement: Netanyahu leaves US empty-handed

US President Donald Trump walks to board Marine One on the Ellipse near the White House in Washington, DC, on July 31, 2026. President Trump is traveling to Camp David in Maryland to hold a cabinet meeting and later to Bedminster, New Jersey to spend the weekend at his golf club. (Photo by Oliver Contreras / AFP via Getty Images)

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

Iran’s new calculus: Strike first, talk later

A woman stands next to Iranian-made Zolfaghar missiles displayed at Azadi Square in Tehran on July 24, 2026.

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 view of Zalikan Camp in Bashiqa, October 6, 2016. Picture taken October 6, 2016. REUTERS/Thaier Al-Sudani - RTSR6ML

Turks blame US, Iran for encouraging Baghdad against Ankara

Turkey's opinion-makers think Iraq isn’t acting alone in its calls for Turkish troops to leave a camp near Mosul.

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

Five reasons Rouhani will be president for another term

With former President Mahmoud Ahmadinejad apparently sidelined by the supreme leader, Rouhani seems set for a second term in office.

German Economy Minister Sigmar Gabriel and Iranian economy minister Ali Tayebnia sign contracts during a conference in Tehran, Iran October 3, 2016. REUTERS/Hannibal Hanschke - RTSQIGL

Finance minister says Iran seeks 'resilient' economy

Iran's Minister of Economic Affairs and Finance Ali Tayebnia tells Al-Monitor that Iran is boosting non-oil exports, unifying its exchange rate and increasing the independence of its Central Bank and that remaining US sanctions are the main impediment to Iranian-American investment.

Valiollah Seif, Governor of Central Bank of Iran, waits to start a meeting with Britain's Foreign Secretary Philip Hammond (unseen) in Tehran, Iran August 23, 2015. REUTERS/Darren Staples - RTX1PBAT

Why Iran’s central bank can’t control money markets

The Central Bank of Iran appears powerless to compel thousands of "unlicensed" credit and finance institutions to comply with interest rate caps, leaving much to be desired about its monetary policies.

Mohammad Forouzandeh (L), new chairman of the Foundation for the Disinherited and War Disabled, sits with outgoing chairman Mohsen Rafiqdoost (R) during the innauguration ceremony in Tehran July 28. Foroozandeh says he plans to make the sprawling foundation more efficient and cost effective.

JDP - RTRQNR6

Iranian commander breaks silence on wartime arms imports

A prominent Iranian military figure who served as minister of the Islamic Revolutionary Guard Corps during the Iran-Iraq War has broken the long tradition of silence surrounding Iran's arms imports during its war with Iraq.

Iran's former president Ali Akbar Hashemi Rafsanjani (C), Iranian former vice president Mohammad Reza Aref (centre, L) and a group of reformists pose for a photo in Tehran February 22, 2016. REUTERS/Mohammad Kazempour/TIMA TPX IMAGES OF THE DAY ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. REUTERS IS UNABLE TO INDEPENDENTLY VERIFY THE AUTHENTICITY, CONTENT, LOCATION OR DATE OF THIS IMAGE. IT IS DISTRIBUTED EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS. FOR EDITORIAL USE ON

Iranian Reformists send clear support for Rouhani

A new, unofficial think tank in Tehran intends to give advice to Iranian President Hassan Rouhani and aims for there to be more Reformist influence in the president’s inner circle.

Iran emerges as a top issue in tight congressional races

The pro-Iran deal J Street is spending $500,000 to unseat nuclear deal opponents.

German Economy Minister Sigmar Gabriel visits the Golestan palace in Tehran, Iran, October 4, 2016. REUTERS/Hannibal Hanschke - RTSQN2J

German economy minister gets himself in hot water in Iran

Germany's economy minister sparks controversy in Tehran over his demand that normalization of ties is impossible without Iran’s recognition of Israel.

Republican presidential nominee Donald Trump holds a rally with supporters in Waukesha, Wisconsin, U.S. September 28, 2016. REUTERS/Jonathan Ernst - RTSPXXP

Iranians see Trump as dangerous — but to Iran or the US?

Given the harsh rhetoric of both Donald Trump and Hillary Clinton toward Iran, which candidate do Iranians prefer to be the next US president?

King Salman of Saudi Arabia (front L) is pictured with Iranian President Hassan Rouhani (front R) during a family photo session at the Organisation of Islamic Cooperation (OIC) Istanbul Summit in Istanbul, Turkey April 14, 2016. Picture taken April 14, 2016. REUTERS/Onur Coban/Pool - RTX2A4TB

Is Iran shifting its policy toward Saudi Arabia?

The increasingly tough rhetoric by the administration of President Hassan Rouhani toward Saudi Arabia may herald the beginning of a paradigm shift.

Iran's fans cheer for their team before the international soccer friendly match between Iran and Sweden at Friends Arena in Stockholm March 31, 2015. REUTERS/Henrik Montgomery/TT News Agency
ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. THIS PICTURE IS DISTRIBUTED EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS. FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. SWEDEN OUT. NO COMMERCIAL OR EDITORIAL SALES IN SWEDEN. NO COMMERCIAL SALES. - RTR4VN0A

Controversy erupts as soccer, religion clash in Iran

A prominent cleric is calling for the cancellation of a World Cup qualifier between Iran and South Korea because the match falls on a Shiite day of mourning.

Wind turbines are seen in Manjil, in the province of Gilan, August 7, 2013. Picture taken August 7, 2013. REUTERS/Michelle Moghtader (IRAN - Tags: ENERGY) - RTR4D5G6

Why renewable energy is booming in Iran

Unshackled from crippling nuclear-related sanctions but faced with low oil prices, Iran turns to renewable energy in preparation for the future.