US Iran War LIVE: China halts fresh bank loans to US-sanctioned refineries over their ties to Iranian oil, says report
US Iran War LIVE: The US military said on Wednesday that one of its warplanes fired at and disabled the rudder of an oil tanker that allegedly attempted to breach Washington’s blockade of Iranian ports.
US Iran War LIVE: China’s financial regulator has instructed major banks to temporarily stop issuing new loans to five refineries that were recently sanctioned by the United States for their connections to Iranian oil, as reported by Bloomberg citing sources.
US Iran War LIVE: What happened in the last few hours?
- US President Donald Trump said he would discuss the Iran war with Chinese President Xi Jinping during their summit next week, while also trying to ease concerns over tensions related to the conflict. “That’ll be one subject, but he’s been very nice about this,” Trump told reporters at the White House on Tuesday in response to a question about what he hoped to achieve with Xi on Iran when they meet.
- “They want to make a deal. We've had very good talks over the last 24 hours, and it's very possible that we'll make a deal,” Trump told reporters in the Oval Office on Wednesday.
- Japan's Nikkei index of shares surged more than four percent on Thursday on hopes of a deal between Iran and the Middle East and on the back of gains in tech stocks on Wall Street.
- Iranian foreign ministry spokesman Esmaeil Baqaei told local media that the "US plan and proposal are still under review," and that Tehran would communicate its position to mediator Pakistan “after finalising its views.”
- Mohammad Bagher Ghalibaf, Iran's parliament speaker, who has taken the lead in negotiations, meanwhile, warned that Washington “is seeking, through a naval blockade, economic pressure and media manipulation, to destroy the country's cohesion in order to force us to surrender.”
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Iran War LIVE: Don't expect more vessels to be escorted by US, says Maersk Chief
Maersk chief executive has said he does not expect more vessels to be escorted by the US through the Strait of Hormuz in the coming weeks.
Iran War LIVE: Deputy Foreign Minister of Iran likely to visit India
Deputy Foreign Minister of Iran likely to visit India to attend the BRICS Summit in New Delhi, ANI reported quoting people familiar with the developments from Iran
Iran War LIVE: A project that lasted 48 hours
Another day, another hairpin turn in the world of Donald Trump’s foreign policy.
The weekend was all about war, and Trump insisting Iran had not yet “paid a big enough price”. Tuesday was Project Freedom, styled as a grand “humanitarian gesture” to allow trapped ships and their crews to escape the Gulf, but also aimed at weakening Iran’s chokehold on the strait of Hormuz.
By the early hours of Wednesday we were back to peace.
Iran War LIVE: Rubio seeks to ease tensions with US pope
America's top diplomat, Marco Rubio, will visit the first US pope, Leo XIV, on Thursday, seeking to ease tensions between Washington and the Vatican while also promoting President Donald Trump's interests.
The US secretary of state flies in weeks after Trump's extraordinary criticism of Leo, the head of the world's 1.4 billion Catholics, over his anti-war stance. (AFP)
Iran War LIVE: Iranian embassy denies armed forces struck South Korean ship in Hormuz
Iran denied on Thursday that its armed forces had been involved in an explosion that struck a South Korean vessel in the Strait of Hormuz this week, AFP reported.
Iran War LIVE: Brent crude oil price
Reports of a potential agreement sent global oil prices sharply lower, with benchmark Brent crude futures plunging about 11% to two-week lows near $98 a barrel before rebounding above $100, Reuters reported.
US Iran War LIVE: Hopes for reopening Strait of Hormuz push Asian shares higher as oil prices hold above USD 100
Asian shares jumped and the price of crude oil was holding above USD 100 a barrel on Thursday as investors bet on hopes the US and Iran will strike a deal allowing tankers to deliver crude from the Persian Gulf again.
Japan's benchmark Nikkei 225 index jumped 4.6% to 62,243.88, while the Hang Seng in Hong Kong gained 1.2% to 26,531.35.
The S&P/ASX 200 in Australia was up 1.2% at 8,870.90.
Iran war live: Japan's Nikkei surges 4% on hopes of US-Iran deal
Japan's Nikkei index of shares surged more than four percent on Thursday on hopes of a deal between Iran and the United States and on the back of gains in tech stocks on Wall Street.
At 9:31 am, the Nikkei 225 was up 4.1 percent at 61,937.78 points.
Iran war live: Hezbollah commander killed
A senior commander from Hezbollah's elite force was killed in an Israeli strike on Beirut's southern suburbs on Wednesday, a source close to the group said.
At least 11 other people were killed in strikes across the south and east, according to the Lebanese health ministry. (AFP)
Iran War LIVE: Brent crude oil price
Reports of a potential agreement sent global oil prices sharply lower, with benchmark Brent crude futures plunging about 11% to two-week lows near $98 a barrel before rebounding above $100, Reuters reported.
Iran War LIVE: US stocks break records, oil tumbles
World oil prices dove Wednesday and US stock markets rallied on fresh hopes for an end to the war in the Middle East, as Trump said a deal with Iran was "very possible".
The S&P 500 and Nasdaq, two of the major US stock indices, finished at records for the second consecutive day, while international oil benchmark Brent North Sea finished down 7.8 percent at $101.27 a barrel.
US Iran War LIVE: Trump says Iran deal ‘very possible’
US President Donald Trump said Wednesday that a deal with Iran to end the Middle East war was "very possible" following "very good talks" over the past day.
"We've had very good talks over the last 24 hours, and it's very possible that we'll make a deal," Trump told reporters in the Oval Office.
US Iran War LIVE: Tehran reviewing proposal to end war; Trump says, ‘very possible we will make a deal’
An Iranian foreign ministry spokesperson cited by Iran's ISNA news agency said Tehran would convey its response. U.S. President Donald Trump said he believed Iran wanted an agreement, Reuters reported.