Headlines

Middle East war: global economic fallout

Here are the latest economic events in the Middle East war: - Oil rises, stocks mixed - Oil prices climbed Tuesday as investors awaited US President Donald Trump's latest deadline for Iran to reopen the strategic Strait of Hormuz. West Texas Intermediate briefly topped $115 a

Strait of Hormuz shipping blockade update

Here are the latest key facts about impacts from the blockage of the Strait of Hormuz, a crucial shipping route virtually paralysed by the Middle East war. Around a fifth of global crude oil and liquefied natural gas (LNG) passes through the waterway in peacetime. The war

Key infrastructure in Iran hit ahead of Trump deadline

Iran said critical infrastructure, including two bridges, was struck Tuesday by the United States and Israel, with US President Donald Trump warning "a whole civilisation will die" if a midnight deadline for a deal to open the Strait of Hormuz was not met. The strikes came as

War in the Middle East: latest developments

The latest developments in the Middle East war: - Bridges, highway hit - US-Israeli strikes hit at least two bridges and a highway in Iran, local officials said -- hours ahead of a deadline US President Donald Trump set for Tehran to reopen the Strait of Hormuz or face

UN Security Council vote expected on Hormuz resolution

The UN Security Council is expected to vote Tuesday on a watered-down resolution calling for the unblocking of the Strait of Hormuz -- far from the sponsoring Gulf countries' initial goal of obtaining clearance to free it by force. The vote is expected at 11:00 am (1500 GMT),

Iran defiant on eve of Trump's ceasefire deadline

DUBAI/WASHINGTON, April 7 (Reuters) - Iran and Israel traded attacks on Tuesday as Tehran defiantly refused to reopen the Strait of Hormuz and accept a ceasefire deal on the eve of a deadline set by U.S. President Donald Trump to agree to his demands or get "taken out." Iran