International relations, geopolitics, wars, major global shifts
Trump's prediction of a short, low-cost conflict with Iran is facing pressure as the war proves more prolonged and unpopular than the White House projected. Sustained fighting near the Strait of Hormuz risks lifting oil prices and creating economic and political costs for the administration.
OPEC+ is set to approve a third oil output increase since the Strait of Hormuz was disrupted, but the move is largely symbolic because the closure blocks Gulf members from actually exporting the extra crude. Oil prices have already surged, with analysts warning of jet fuel shortages and rising global inflation.
Trump announced a 25% tariff on EU automobiles but gave no details on legal authority or implementation, following the Supreme Court's earlier rejection of his reciprocal tariff powers. The move puts U.S.-EU trade talks at risk and could significantly raise costs for European automakers exporting to the U.S.
Satellite images from March 10 show Israel rapidly clearing land and building fortifications at the al-Muntar hilltop in Gaza City and in Khan Younis, southern Gaza. The expansion signals durable military infrastructure while civilian reconstruction in the territory remains stalled.
President Trump formally told Congress on Friday that hostilities with Iran have "terminated," invoking the language of the War Powers Resolution ahead of a key 60-day deadline. The declaration removes immediate legal pressure on the administration to seek congressional authorization for continued military action.
OPEC+ is set to approve another oil output quota increase even as the U.S.-Iran conflict keeps the Strait of Hormuz disrupted, sources say. The hike will have little real supply effect until Gulf export routes reopen, but could amplify a price drop if a ceasefire restores Hormuz access.
Trump said the US could restart strikes on Iran if it "misbehaves," adding that Tehran has not paid a big enough price for its actions. The remarks signal Washington is maintaining military leverage and views current Iranian proposals as likely unacceptable.
Millions of jobs have been lost in Iran as the economic fallout from the US-Israeli military campaign devastates businesses and supply chains across Tehran. A fragile ceasefire has paused the fighting, but the financial damage, dubbed "Operation Economic Fury" by Iranians, continues to deepen.
President Trump said he is reviewing Iran's latest nuclear proposal after rejecting it the day before, clarifying he had only been briefed on the "concept of the deal." He expressed doubt the offer will be acceptable, leaving U.S. policy toward Iran in an unsettled position with no formal response yet.
Trump says he will review a peace offer from Iran while warning of further US strikes if Tehran steps out of line. The parallel threat keeps oil markets and Gulf shipping on edge as the two sides edge toward possible talks.
President Trump confirmed he is reviewing a 14-point peace proposal from Iran, while warning military strikes could restart if Tehran steps out of line. The dual signal keeps US military leverage intact and opens a potential path toward a structured nuclear or regional deal.
Donald Trump confirmed his China visit will proceed, calling it an "amazing event," while Chinese analysts say the priority should be managing risk amid global uncertainty. The summit between the world's two largest economies could set the tone for trade and tech tensions in the months ahead.
The UAE is moving to exit OPEC, directly challenging Saudi Arabia's control over the oil cartel and its quota-based production strategy. A UAE departure could weaken OPEC's supply discipline, adding volatility to global oil prices and raising energy costs for major importers like India.
Commerce Minister Piyush Goyal says India and the US have nearly finalised the first phase of a bilateral trade agreement following fresh talks in Washington DC. The deal links trade, technology, and defence goals, marking a significant step toward a deeper strategic and commercial partnership.
The Pentagon plans to withdraw 5,000 U.S. troops from Germany, with reports suggesting Spain and Italy could face similar reductions. The move deepens European anxiety about American security commitments and increases pressure on NATO allies to accelerate their own defense spending.
Trump said he will review a 14-point plan Iran submitted but expressed doubt a deal is possible. The development comes as Israel continues striking Lebanon, keeping the region on a volatile diplomatic and military knife-edge.
President Trump said Saturday he is reviewing a new Iranian proposal to end the war, his clearest public signal yet that a diplomatic channel with Tehran may be active. Details of the proposal, including its terms and delivery method, have not been disclosed.
US Treasury Secretary Scott Bessent has ruled out sanctions relief for Russian and Iranian oil, keeping full economic pressure on both countries. The move removes a potential supply boost from global markets and raises costs for countries, including India, that rely on discounted Russian crude.
Iran has submitted a formal 14-point written response to a U.S. proposal to end the war, according to Iranian state media. The structured reply signals active diplomatic engagement, with significant potential consequences for regional security, oil markets, and U.S.-Iran sanctions.
Iran ruled out direct talks with US officials as Foreign Minister Abbas Araghchi arrived in Pakistan, closing off speculation about back-channel diplomacy. Separately, the US said it will not renew oil sanctions waivers for Iran and Russia, tightening pressure on both countries and affecting buyers of discounted crude.