Israel and Lebanon have begun a ceasefire, while U.S. President Donald Trump disclosed that Iran offered to forgo nuclear weapons possession for more than 20 years. The announcement came as Iran's nuclear ambitions had emerged as a central sticking point during talks held in Islamabad the previous weekend. Trump also indicated that Iran may meet with U.S. officials over the coming weekend, signaling a potential acceleration in diplomatic engagement. The 20-year nuclear abstention offer, if accurate, represents a significant departure from Iran's longstanding posture and would carry major consequences for regional security architecture and sanctions relief negotiations. Whether the offer includes verification mechanisms or addresses enrichment infrastructure remains unclear from available details. Markets and policy observers will be watching whether the Islamabad friction translates into a structured agreement framework or stalls at the preliminary stage. The Israel-Lebanon ceasefire adds a parallel de-escalation track that could either reinforce or complicate broader Middle East diplomacy depending on how both threads develop.
Iranian armed forces attacked a cargo ship in the Strait of Hormuz on Thursday, briefly halting traffic through the waterway. The strike threatens a fragile US-Iran arrangement and could push shipping insurance costs and oil prices higher.
The US has struck Iran, with President Trump citing an Iranian attack on a ship in the Strait of Hormuz as justification. The action raises immediate risks for global oil flows through one of the world's most critical shipping chokepoints.
The US struck ten Iranian targets on the second consecutive day of military action, putting a fragile ceasefire under serious pressure. The escalation raises immediate risks for Gulf shipping, global oil supply, and regional stability.
Venezuela's twin earthquakes, magnitudes 7.2 and 7.5, have killed at least 164 people and injured 971, interim president Delcy Rodriguez confirmed Thursday. The quakes are the country's strongest since 1900, collapsing buildings across Caracas and prompting a state of emergency, with the death toll expected to rise as