Trump announces naval mission, says US having ‘positive discussions’ with Iran

 Trump has posted on his Truth Social page, saying that the US Navy will help escort ships that have been trapped within the strait out to safety.

Iran may begin mothballing its oil wells next week

Iran may have to begin mothballing its oil wells next week as its storage facilities are rapidly filling up, US Treasury Secretary Scott Bessent said.

US approves $8.6bn in arms sales to Middle East allies

The US State Department has authorised a series of major weapons sales to allies in the Middle East, totalling approximately $8.6bn in military hardware and support services.

China rejects US sanctions on refineries over Iran oil links

China will not comply with US sanctions against five firms targeted for purchasing Iranian oil, Beijing’s commerce ministry said on Saturday.

Trump administration sanctions on ships transiting the Strait of Hormuz ‘a serious threat’

The administration is threatening to impose sanctions on individuals or entities that attempt to get through the Strait of Hormuz by paying the Iranian toll, which the Iranians are demanding for passage.

Iran delivered new proposal for US talks to Pakistan, Iranian state media reports

Iran delivered its new proposal for US talks to Pakistan on Thursday, Iranian state media reports.

Trump administration claims Iran war ‘terminated’ before 60-day deadline for Congress’s approval

The Associated Press (AP) and Reuters news agencies are reporting that the Trump administration is arguing that the war in Iran has ended – due to the ceasefire that began in early April – meaning that the president does not need to seek congressional approval for military action.

White House Officials to Travel to Venezuela for Oil, Mining Agreements

White House officials are set to visit Venezuela today to announce several agreements that could create opportunities for oil and mining companies to operate in the country, Politico reported on Thursday, citing sources.