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The International Monetary Fund (IMF) on Wednesday (July 8, 2026) cut its 2026 growth projection for the world economy again, saying an AI boom has not fully offset the fallout from the war in the West Asia. Global economic growth is now estimated at 3% this year, IMF said, down from 3.1% in its April…
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U.S. forces launched strikes on Iran on Tuesday (July 7, 2026) after three commercial vessels were attacked in the Strait of Hormuz, the US military said, sharply escalating a confrontation that has already shaken efforts to end the West Asia war. U.S. Central Command said the “powerful” strikes were in response to Iranian attacks on…
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President Donald Trump. File. | Photo Credit: AP President Donald Trump said on Monday (July 6, 2026) the United States would either reach a deal with Iran or “finish the job,” renewing his threat of military action as Tehran projects defiance following the funeral of Supreme Leader Ayatollah Ali Khamenei. Indirect U.S.-Iran talks ended last…
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No one immediately claimed responsibility for the attack, though Iran is suspected of attacking at least two other vessels in the strait travelling on a route near Oman in recent days. File. | Photo Credit: Reuters A tanker travelling off the coast of Oman in the Strait of Hormuz caught on fire early Tuesday (July…
Read More “Tanker set ablaze after being struck by projectile in the Hormuz strait off Oman coast” »
Vessels at the Strait of Hormuz, as seen from Musandam, Oman, on July 1, 2026. | Photo Credit: Reuters Iran’s ambassador to China insisted on Saturday (July 4, 2026) that new fees would be charged to ships transiting the Strait of Hormuz — an idea rejected by Washington — while assuring that “friendly” nations would…
Read More “Iran envoy says friendly nations to get ‘special’ Hormuz fee treatment” »
Hundreds of supporters of the Islamic Republic were already waiting on Friday evening outside the Grand Mosalla religious complex ahead of its opening to the public Saturday morning Source link
Mojtaba Khamenei to skip his father, Ali Khamenei’s, funeral over security concerns: Report Iran’s Supreme Leader Mojataba Khamenei will not attend the funeral ceremonies for his father, former Supreme Leader Ali Khamenei, due to security concerns, according to the current leader’s representative in India, Ayatollah Hakim Elahi. Elahi attributed the decision to Israeli threats and…
Qatar’s Ministry of Foreign Affairs spokesperson, Majed Al Ansari. File | Photo Credit: Reuters Pakistan on Thursday (July 2, 2026)said its mediators, along with Qatar, concluded separate meetings with the US and Iranian negotiators in Doha and reported “positive progress” on various aspects of the MoU, with the two sides agreeing to further discussions. Qatar’s…
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Vessels at the Strait of Hormuz. File. | Photo Credit: Reuters The U.S. and Iran held technical talks in Doha on Wednesday (July 1, 2026) as they seek to agree on the flow of shipping through the Strait of Hormuz and secure a lasting ceasefire, a source with direct knowledge of the talks and an…
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Forty days of war, more than sixty days of tense negotiations, and then a memorandum of understanding. Yet, the U.S. still has no easy solution to a problem that did not exist before it joined Israel in launching its war against Iran on February 28, 2026: who will manage the Strait of Hormuz? The strait,…
Read More “In the Strait of Hormuz, Iran draws its red lines” »