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Iran has sent its response to the latest US proposal for ending the conflict that began at the end of February, according to state media. MORE..

10 May 2026 (7:34 PM)

President Donald Trump on Sunday rejected Iran s response to a U.S. proposal for peace talks, dashing hopes for an imminent end to the 10-week-old conflict that has caused widespread damage in Iran and Lebanon, paralyzed maritime traffic in the Strait of Hormuz and driven up global energy prices. MORE..

11 May 2026 (7:43 AM)

The world has lost about 1 billion barrels of oil over the past two months and energy markets will take time to stabilise even if flows resume, Saudi Aramco s CEO #8288;said on Sunday, as shipping disruptions choke traffic through the Strait of Hormuz. MORE..

10 May 2026 (8:42 PM)