Iran strikes vessel in Strait of Hormuz amid debate over "transit fees"
The Islamic Revolutionary Guard Corps struck a cargo ship near Oman on Thursday, further complicating the Iran-U.S. negotiations.
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The Islamic Revolutionary Guard Corps struck a cargo ship near Oman on Thursday, further complicating the Iran-U.S. negotiations.
President Trump said earlier Thursday he called off new military strikes on Iran, hours after threatening to escalate the war.
The Consumer Price Index rose last month at a 4.2% annual rate amid a spike in U.S. energy prices.
President Trump said the U.S. has taken out "millions" of barrels of Iranian oil in the dead of night, and said inflation will come down when the war ends.
Iran and Israel declare a halt to fighting as President Trump says both are seeking an "immediate ceasefire" after a major escalation in the 101-day war.
The Iranians' latest move in the war came in response to what it considers U.S. and Israeli ceasefire violations.
President Trump's changes included somewhat significant changes, according to a source with knowledge of the negotiations.
The vice president says the U.S. and Iran are "very close" to a deal, but are "not there yet." Meanwhile, the U.S. struck Iran, which retaliated against a U.S. base.
As the Trump administration signals hope for a possible deal, Iran says obstacles linger and that "frequent changes" in U.S. positions aren't helping.
There is broad commitment on the principles of a deal, a senior Trump administration official said, and the administration feels positive about where things stand.
Asked what he said to Israel's leader about a decision to hold off on new Iran strikes, Trump said Netanyahu will "do whatever I want him to do."
U.S. motorists are likely to face even hotter gas prices as the summer driving season kicks off, according to a new analysis.
President Trump says he scrapped a planned attack on Iran at the request of Gulf allies as "serious negotiations" on a peace deal are underway.
Iran's military says it's trained and ready for any new U.S. assault as President Trump predicted a "long talk" about the war with China's President Xi in Beijing.
President Trump is expected to encourage China to pressure Iran to make a deal to end the war when he visits Beijing this week and meets with President Xi Jinping.
Trump threatens Iran with "higher level" strikes if it won't accept a peace deal, but says it's too soon for direct talks after reporting diplomatic progress.
Hegseth said the ceasefire with Iran "certainly holds" for now after a naval clash between Iranian and U.S. forces and renewed attacks on the UAE.
Iran launched attacks on the UAE and tankers in the Strait of Hormuz while the U.S. destroyed Iranian boats "that attempted to interfere" with Project Freedom.
President Trump announced the U.S. would "guide" ships not involved in the war with Iran out of the Strait of Hormuz. A U.S.-led task force says it has started the operation.
Iranian Foreign Minister Abbas Araghchi returned to Islamabad on Sunday, where he participated in talks focused on ending the war with the U.S., Iranian state media reported.
U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at the pump?
President Trump says he sent a U.S. delegation to Pakistan for another round of peace talks with Iran Monday but Tehran says it doesn't plan to participate.
Prices dropped after Iran's foreign minister said the Strait of Hormuz is "completely open" for the remainder of the Israel-Lebanon ceasefire.
Only about a dozen ships passed through the Strait of Hormuz in the first two days of the ceasefire, far below normal traffic levels before the war, data shows.
Iran says Israel is violating the ceasefire deal President Trump announced, and Tehran appears to still have control over shipping in the Strait of Hormuz.
