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Oil prices fell for a second day on Wednesday on expectations bottled up supply from the key Middle East producing region could resume flowing after U.S. President Donald Trump indicated a possible peace deal may be reached to end the war with Iran. MORE..

6 May 2026 (8:01 AM)

The United Arab Emirates said that its air defenses are �currently dealing with a missile threat� from Iran. MORE..

5 May 2026 (9:31 PM)

US President Donald Trump said on Tuesday (May 5) that the US operation to reopen the Strait of Hormuz, dubbed �Project Freedom�, will be paused for a short period to see whether an agreement with Iran can be finalised and signed, although a blockade on Iranian ports will remain in force. MORE..

6 May 2026 (6:54 AM)

Asked if the ceasefire was over following Monday s hostilities, U.S. Defense Secretary Pete Hegseth said- �No, the ceasefire is not over.� MORE..

5 May 2026 (7:41 PM)

Iranian Foreign Minister Abbas Araghchi arrived in Beijing early Wednesday for talks with his Chinese counterpart. MORE..

6 May 2026 (9:31 AM)

The Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva says the economic fallout from the war with Iran would take at least three to four months to ease, even if the fighting were to stop immediately. MORE..

5 May 2026 (11:52 PM)