Middle East

G7 finance ministers meeting in Paris will discuss public debt and market volatility amid global economic concerns.

The Trump administration is pushing a U.N. resolution condemning Iran’s actions against commercial shipping.

The U.S. military released an update on its blockade of Iranian ports on Monday.

On May 11, Trump told reporters that the ceasefire between the two nations was on ’massive life support.’

The global benchmark for Brent crude rose 1.85 percent on May 18 to $111,29 a barrel—its highest since May 5.

‘There won’t be anything left,’ the president warned in a social media post on Sunday.

The UAE stated that a drone struck the Barakah Nuclear Power Plant in the Al Dhafra region.

The temporary sanctions waiver had allowed India to purchase discounted Russian oil without penalty.

The strike, which killed seven, targeted Izz al-Din al-Haddad—the most senior Hamas leader in Gaza.

The ceasefire started on April 16.

The president said that an Iranian official said the U.S. and potentially China has the technology to remove material after 2025 strikes on nuclear facilities.

A senior U.S. admiral told a U.S. Senate committee that Iran’s capabilities to threaten U.S. forces and regional interests had been ’substantially degraded.’

The law enforcement bureau says Monica Witt allegedly put ’sensitive and classified U.S. national defense information and programs’ at risk.

Since the start of the war, crude oil output from OPEC has fallen by more than 30 percent.

Iran has blocked the Strait of Hormuz for weeks in response to a U.S.-Israeli air and naval campaign that began on Feb. 28.

Adm. Brad Cooper told senators that Tehran has 10 percent drone and missile capacity, disputing other assessments.

The U.S. president’s comments were made amid growing allegations that China has quietly supported Iran’s military capabilities.

The Israeli Foreign Ministry called the piece ‘one of the most hideous and distorted lies ever published against the State of Israel in the modern press.’

The ship is now heading toward Iranian waters, officials said Thursday.

Iran reacted to claims of Gulf cooperation with Israel, warning that countries working against Tehran would be ‘held to account.’