Iran will soon resume dialogue with Oman on developing new shipping regulations in the Gulf region, particularly in the Strait of Hormuz, Iran's Foreign Ministry Spokesman Esmaeil Baghaei announced on Monday.
Iranian Foreign Minister Abbas Araghchi and his Pakistani counterpart Ishaq Dar exchanged views on the situation in the Middle East and discussed efforts to establish peace in the region during a telephone conversation, the Pakistani Foreign Ministry said.
Iran’s armed forces continue to control the Strait of Hormuz and are urging all vessels to refrain from transiting the waterway without coordination with Tehran, commander of Iran’s Khatam al-Anbiya Headquarters Ali Abdollahi said.
A senior Iranian lawmaker warned that any U.S. involvement in managing shipping through the Strait of Hormuz would constitute a violation of the ceasefire, rejecting Washington’s proposed role in the waterway.
Washington continues negotiating a peace settlement of the conflict with Iran, U.S. president’s special envoy Steve Witkoff said, CNN reported.
U.S. President Donald Trump has said that he has studied Tehran’s new peace proposal and deems it unacceptable.
Iran may have to begin mothballing its oil wells next week as its storage facilities are rapidly filling up, U.S. Treasury Secretary Scott Bessent said.
U.S. President Donald Trump announced that his country would launch Operation Project Freedom on Monday to help ships stranded in the Strait of Hormuz as a result of the U.S.-Iranian conflict to leave its waters.
Seven key OPEC+ members (Russia, Saudi Arabia, Iraq, Kazakhstan, Kuwait, Oman and Algeria) have decided to raise oil output quotas by 188,000 barrels per day (bpd) in June, the group said in a joint statement.
The Iranian rial fell to a record low during trading on Sunday. This is happening amid the military conflict and sanctions against Tehran.
According to Tasnim, Tehran has conveyed a 14-point peace proposal to the USA via Pakistan, calling for a total cessation of hostilities. Iran has allotted a month to address key issues.
The U.S. administration added a new member to its Iran negotiating team amid stalled talks with Tehran, U.S. Representative Claudia Tenney said.
Iran’s Islamic Revolutionary Guard Corps (IRGC) announced “new rules” over the country’s coastline in the Gulf and the Strait of Hormuz.
Iran executed two men on Saturday accused of spying for Israel, including one accused of gathering intelligence near the Natanz nuclear site in central Isfahan province, Iranian media reported.
The blockade of the Strait of Hormuz is creating an economic split among oil exporters in the Persian Gulf, with Saudi Arabia and Oman set for a windfall and others including the UAE seeing a drop in petrodollar income, Bloomberg reported.
If Iran’s stockpile of more than 400 kg of uranium enriched to 60% is not removed from the Islamic Republic, the entire latest war will be considered "one big failure", an Israeli military official said.
Russian Foreign Minister Sergey Lavrov held a phone call with his Iranian counterpart Abbas Araghchi to discuss freedom of navigation in the Strait of Hormuz and efforts to resolve issues surrounding Tehran’s nuclear program, the Russian Foreign Ministry said Saturday.
Iran has handed Washington a new proposal for ending the war, offering hints of compromise in a bid to revive talks to end a standoff, The Wall Street Journal reported.
US President Donald Trump told congressional leaders that "hostilities" with Iran have "terminated," addressing a critical 60-day deadline under a law meant to limit the unauthorized use of military force.
On April 29, the Pentagon reported that, according to preliminary estimates, the US spent approximately $25 bln on the military operation
