Headlines

Blowing up the world

The blockade of the Strait of Hormuz is not an isolated episode but the latest in a series of blows to the global trade and economic order that was established after the Soviet Union’s fall in the early 1990s. Hormuz should probably be unblocked one way or another – and (update

Asia

Trump says agreement to end Iran war 'largely negotiated'

The US president announced on his Truth Social platform on Saturday that a deal with Tehran to end the Iran war was "largely negotiated" subject to approval, ending speculation over the possible resumption of strikes against Iran and broader conflict in the region.

Iran move World Cup base from US to Mexico

Iran are moving their World Cup training base to Mexico after football's world governing body FIFA approved a request to transfer it from Tucson, Arizona, the head of Iran's football federation said on Saturday. The Iranian team will be based in Tijuana on the border of Mexico

Trump says Iran peace deal is 'largely negotiated'

May 23 (Reuters) - U.S. President Donald Trump said on Saturday that a memorandum of understanding on a peace deal has been "largely negotiated" with Iran and will open the Strait of Hormuz, with details to be unveiled soon. "Final aspects and details of the Deal are currently