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Trump says he is reviewing new Iran peace proposal as Israel continues attacks on southern Lebanon

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The US Embassy in Beirut has called on the Lebanese government to step up its engagement with Israel – and quietly, to sideline Hezbollah, the Iranian-backed group that has been designated a terrorist organisation by the US and Israel, which has been a major force in Lebanese politics for decades.

“Lebanon stands at a crossroads. Its people have an historic opportunity to reclaim their country and shape its future as a truly sovereign, independent nation,” the embassy said in a statement. social media post “The time for hesitation is over,” it warned Thursday.

The post did not directly mention Hezbollah but said Lebanon should “never go to war” with neighbouring Israel.

Hezbollah pulled Lebanon into the regional conflict by launching attacks on northern Israeli communities in response to the US-Israeli attacks on Iran that began on February 28.

Israel responded with overwhelming force, launching a new offensive against Hezbollah with a forceful campaign of airstrikes across the country, and later continuing a ground offensive in the south of Lebanon.

which officials say has killed some 2,590 people and displaced more than a million. Israeli leaders have said that forces will continue to occupy a buffer zone in southern Lebanon, where residents have been forced to evacuate indefinitely, until the Hezbollah threat is eliminated.

Hezbollah and Israel have accused each other of almost daily violations of a ceasefire brokered by the Trump administration between the Israeli and Lebanese governments, which has been extended until mid-May.

An explosion of white phosphorus fired by Israeli forces on the Lebanese side of the Israel-Lebanon border, as seen from Israel, on April 30, 2026.

The US Embassy said on Thursday, “There will be a direct meeting between the two [Lebanon’s] President Aoun and Prime Minister Netanyahu, with President Trump’s assistance, which will give Lebanon the opportunity to offer concrete guarantees on full sovereignty, territorial integrity, secure borders, humanitarian and reconstruction assistance, and the full restoration of Lebanese state authority over every inch of its territory – guaranteed by the United States.

It said, “This is Lebanon’s moment to decide its own destiny and that of all its people. The United States is prepared to support Lebanon as it takes this opportunity with confidence and intelligence.

Lebanese Prime Minister Dr Nawaf Salam met with U.S. Ambassador Michelle Issa at his office in Beirut on Friday to discuss “consolidating the ceasefire and talks related to negotiations with Israel”, Salam’s office said in a statement. brief statement.

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Man United’s predicted line-up against Liverpool as Matthijs Cunha returns and Eden Hazard is called up.

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Manchester United will look to secure Champions League football next season with a win over their fierce rivals Liverpool.

Manchester United can confirm Champions League football with a win against Liverpool. (Photo: Pick Team/Getty Images)

Manchester United can secure Champions League football by beating Liverpool at Old Trafford this afternoon. The Reds ended their Anfield hoodoo earlier this season under Ruben Amorim with a dramatic 2-1 victory. Completing the double with Michael Carrick will strengthen his bid to become the next permanent head coach.

Carrick will be delighted to have most everyone available to take on Arne Slott’s side. Lisandro Martinez and Matthijs de Ligt are the only confirmed absentees, which means a decision needs to be made between Ayden Heaven and Leny Yoro. Haven performed brilliantly in the absence of the Frenchman.

However, with Euro fully fit again and a partnership with 20-year-old Harry Maguire already established, United’s interim boss is likely to recall the centre-back. Luke Shaw limped off during the victory against Brentford but there was no suggestion it was a serious problem and he should be fit to start.

The midfield picks itself, causing problems for United going forward. Casemiro has enjoyed a fantastic season and is ending his time at Old Trafford on a high. Kobe Mino’s new contract wadeserved, and this is the type of game wheren which he likes to make an impact.

Ahead of these two will be captain Bruno Fernandes. The 31-year-old needs just one more assist to equal Kevin De Bruyne and Thierry Henry’s record for most assists in a Premier League season (20). Given how well he has done for United this campaign, Fernandes deserves the praise.

Attack is where few questions remain for the Reds. Matheus Cunha missed the win against Brentford with a sore hip flexor but has since returned to full training.

Carrick did not want to confirm the Brazil international’s availability, but if he is fit, he should return to the starting line-up. He was a match-winner at Chelsea before his injury and his four goal contributions in his last six appearances (two goals and two assists) make him a major threat.

If Cunha returns, someone will have to make way, and the obvious choice is Amad. The Ivorian has struggled in 2026 and his performance against Brentford was not satisfactory enough.

A break from the team could really help him. Bryan Mbeumo and Benjamin Sesko should round out the starting lineup.

United’s predicted XI vs Liverpool: Lemmens; Dalut, Euro, Maguire, Shaw; Casemiro, Mino; Mbeumo, Fernandes, Cunha; Cisco

Manchester United have predicted their starting line-up against Liverpool.

Manchester United have predicted their starting line-up against Liverpool.

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The horror of the massive attack on the Ukrainian nuclear plant has given rise to fears of a ‘Chernobyl 2’. world | news

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On 3 May, reports emerged of an attack near the Zaporizhia Nuclear Power Plant in south-eastern Ukraine, currently under Russian control, after Russia claimed to have landed a Ukrainian drone near the facility.

The International Atomic Energy Agency said in a statement: “The IAEA has been informed by ZNPP that a drone today targeted its External Radiation Control Laboratory (ECRL).

No injuries were reported, and we do not yet know whether the attack caused damage to the laboratory, which is located outside the ZNPP perimeter.

Director-General Rafael Grossi said an IAEA team at the site has requested access to the laboratory to assess the situation, warning that any attacks near nuclear sites could pose serious security risks. The watchdog said its experts on the ground were working to determine whether the attack caused any damage to the monitoring facility.

The Zaporizhzhia Nuclear Power Plant – Europe’s largest nuclear power station – has been under Russian control since the early stages of the war and has been at the centre of repeated international security warnings.

Although the targeted laboratory is located outside the main perimeter of the plant and is used to monitor radiation levels, officials have stressed that attacks in the surrounding area still pose potential risks.

The site has continued to be a source of concern since Russian forces seized it following heavy fighting in the area in March 2022.

Repeated attacks in the area have both sides blaming each other for incidents near the facility.

In February 2025, a drone strike damaged the protective new secure confinement structure at the Chernobyl nuclear power plant, which covers the remains of the 1986 reactor explosion.

Officials said the attack caused hundreds of openings in the structure’s outer shell, weakening its ability to contain radioactive material.

Although radiation levels remained stable at the time, experts warned that the damage could pose a long-term safety risk if they did not make immediate repairs.

The containment dome is designed to prevent the release of radioactive dust from the destroyed reactor, which still contains large amounts of hazardous material.

Environmental group Greenpeace Ukraine warned that the strike would increase the risk of structural failure if further damage occurred.

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U.S. aircraft carrier in Iran war expected to leave Middle East with conflict’s estimated cost at $25 billion

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Trump says U.S. may cut the number of American troops in Germany

President Trump said Wednesday he is considering reducing the number of U.S. forces in Germany amidGermany amid a spat with Germany’s chancellor and the NATO alliance over Iran. 

“The United States is studying and reviewing the possible reduction of troopstroops in Germany, with a determination to be made over the next short period of time,” he wrote on Truth Social. 

The president has grown increasingly frustrated with the U.S.’s allies in Europe, which have sought to keep their distance from the U.S.-Iran war. He has threatened to leave NATO, calling the alliance a “paper tiger” for not entering the war. A 2023 law prevents the president from withdrawing the U.S. from NATO without approval from Congress.

German Chancellor Friedrich Merz appeared to draw MrMr Trump’s ire after he criticisedcriticised the U.S.’s handling of the war earlier this week, saying “the Americans clearly have no strategy” on Iran and suggesting the U.S. is being “humiliated” by Iranian negotiators.

On Tuesday, MrMr Trump wrote on social media that Merz “thinks it’s OK for Iran to have a nuclear weapon”nuclear weapon” and “doesn’t know what he’s talking about.” 

Vance pushes back on the report;the report; he questioned if Pentagon is misrepresenting U.S. missile stockpiles

In an interview with Fox News on Wednesday, Vice President JD Vance pushed back on a report in The Atlantic that he questioned if the Pentagon was misrepresenting the U.S.’s missile stockpiles.

Vance said the story “ascribed the views to me and things that I had allegedly said that I am just 100% certain that I have never said”.said”.

He added: “Nobody who actually knows what I think, nobody who’s close to me,me, was speaking to that reporter, because if they did, then it would have been a totally different story.”

Vance acknowledged that “of course, I’m concerned about, you know, our readiness”readiness” but said it’s his job to be concerned about such things. 

“It’s, of course, my job to ask these questions,” he said. “It’s, of course, my job to make sure that we’re on top of every issue.” 

 

How Ukraine’s demining robots could help U.S. open the Strait of Hormuz

The Strait of Hormuz has remained almost entirely closed to ship traffic since Iran dropped mines across it in March. Until the explosives are cleared, the blockedd’s energy that normally passes through the strait could remain at a standstill. This process could take months, experts say, as the U.S. does not possess the necessary homegrown tools to open the strait. 

Ukraine, on the other hand, has more recent experience in demining operations than any other country. Since 2022, Russia has dropped thousands of mines across the Black Sea, presaging Iran’s Hormuz blockade by using underwater explosives to deter vessels from docking in Ukraine’s Black Sea ports.

Initially, Ukraine relied on human divers to clear the explosives, but over four years it has developed innovative solutions like the TLK-150 — an 8-foot-long, roughly 50-pound underwater drone that’s been mapping out the minefields that lie below the Black Sea’s surface.

Read more here.

U.S. blockade has redirected 41 ships so far, CENTCOM says

U.S. forces have redirected 41 vessels as part of theirtheir blockade of Iranian ports, U.S. Central Command said Wednesday. 

“Right now there are 41 tankers with 69 million barrels of oil that the Iranian regime can’t sell,” CENTCOM commander Adm. Brad Cooper said in a statement. “That’s an estimated $6 billion-plus from which Iran’s leadership cannot financially benefit.”

The blockade has been in place since April 13. 

U.S. aircraft carrier strike group expected to leave Mideast in coming days, official says

The USS Gerald R. Ford aircraft carrier and its accompanying strike group are expected to start heading home from the Middle East in the coming days, a U.S. official confirmed to CBS News.

The group has been deployed since last June butJune but has gone to other parts of the world in addition to the Middle East.

The Washington Post was first to report on the Ford’s return home.

Putin warned Trump against new military action in Iran, Kremlin says

Russian President Vladimir Putin warned President Trump against “damaging consequences” of a new military action in Iran, a Kremlin aide told reporters Wednesday after the two leaders spoke by phone.

Putin “highlighted the inevitable and extremely damaging consequences not only for Iran and its neighbours,neighbours, but also for the entire international community, should the U.S. and Israel resort to military action once again,” said Kremlin aide Yuri Ushakov.

 

Trump says Putin wants to help remove enriched uranium from Iran

President Trump told reporters that Russian President Vladimir Putin wanted to help remove Iran’s enriched uranium from the country.

“He told me he’d like to be involved with the enrichment ifenrichment if he can help us get it,” MrMr Trump told reporters in the Oval Office after he spoke with Putin earlier Wednesday. “I said, ‘I’d much rather have you be involved with ending the war with Ukraine.'”

 

Trump backs UAE’s decision to leave OPEC

President Trump told reporters he supports the United Arab Emirates’ decision to leave OPEC.

“I think it’s great,” MrMr Trump told reporters Wednesday in the Oval Office.

“That’s a good thing, I think, for ultimately it’s a good thing for getting the price of gas down, getting oil down, getting everything down;down; they have it all,” the president said.

 

Trump says wars in Iran andIran and Ukraine could end on “similar timetable”

President Trump said the wars in Iran and Ukraine could end on a “similar timetable”.timetable”.

After MrMr Trump told reporters in the Oval Office that he spoke with Russian President Vladimir Putin about both wars, he was asked what war he thought would end first.

“I don’t know, maybe they’re on a similar timetable,” the president said.

Trump says he spoke with Putin about Iran

President Trump told reporters in the Oval Office that he spoke with Russian President Vladimir Putin about Iran earlier Wednesday.

“I talked about Ukraine, and I talked a little bit about Iran,” MrMr Trump said. “I talked about a few different subjects, mostly about Ukraine, and we had an excellent conversation.”


Hegseth doesn’t answer question about how much longer war could last or cost

DefenceDefence Secretary Pete Hegseth was asked by Democratic Rep. Chrissy Houlahan on Wednesday, “How many more months, just by order of magnitude, do you think that you’re going to need to be able to conclude operations successfully?”

Houlahan continued, “And how many more billions of dollars do you think this body will ask you for?” 

Hegseth said the U.S. military would never reveal to an adversary how long it would be committed to the mission.

Hegseth was also questioned over the costs of war for Americans, with Rep. Ro Khanna, a California Democrat, asking, “Doasking, “Do you know how much it will cost Americans in terms of their increased cost in gas and food over the next year because of the Iran war?”

“I would simply ask you what the cost is of an Iranian nuclear bomb,” Hegseth said.

Khanna accused Hegseth and the Trump administration of not fulfilling the president’s campaign promises to lower the cost of living for Americans. He argued that Iran’s blockade of the Strait of Hormuz would cause American households to pay thousands more dollars for gas and food.

“I’m sad for all the people who voted for Trump. I’m sad for them because you betrayed them,” Khanna said.

 

Iran war costs are estimated at $25 billion so far

The Iran war has cost an estimated $25 billion so far, a Pentagon official told Congress during a hearing Wednesday.

Most of the expense has been on munitions, but the military has also spent money on running the operations and equipment replacement, Jules Hurst III, the acting undersecretary of war for finances, said in testimony before the House Armed Services Committee.

“We will formulate a supplemental through the White House that will come to Congress once we have a full assessment of the cost of the conflict,” Hurst added.

Hurst is appearing alongside DefenceDefence Secretary Pete Hegseth and Chairman of the Joint Chiefs of Staff Gen. Dan Caine on the DefenceDefence Department’s $1.5 trillion budget request. 

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White House says blockade has given U.S. “maximum leverage” over Iran

Asked Wednesday for confirmation that the Trump administration is considering extending the U.S. blockade of Iranian ports and vessels for months, despite higher costs for U.S. citizens brought by the standoff over the Strait of Hormuz, the White House did not deny the possibility andpossibility and insisted the blockade has given the U.S. “maximum leverage over the regime”.regime”.

“Thanks to the successful blockade of Iranian ports, the United States has maximum leverage over the regime, and the presidentpresident will only accept a deal that protects the national security of our country,” DeputyDeputy White House press secretary Anna Kelly said in a statement.

A White House official said Tuesday that MrMr Trump, during meetings with energy executives to get their feedback on domestic and international energy markets, discussed steps that could be taken to continue the blockade for months if needed. They also discussed how American consumers could mitigate the impacts of the squeeze on shipping through the Strait of Hormuz.

Iran has only let a few oil tankers transit the strait recently, and it has seized two ships that it accused of violating its restrictions on the strategic waterway.

The U.S. military says it has forced at least 39 ships to turn around after they tried to enter or exit Iranian ports in breach of its blockade, meanwhile. 

Iran has refused to engage in direct peace negotiations with the U.S. while the American blockade of its ports remains in place. 

EU leader says Iran war is costing the bloc $600 million every day

As Iran chokes commercial shipping through the Strait of Hormuz, the U.S.-Israeli war with Iran is costing the European Union almost 500 million euros ($600 million) every day, raising prices at the pump and fears of a jet fuel shortage within weeks, European Commission President Ursula von der Leyen warned Wednesday.

EU countries must funnel their energy aid chiefly to vulnerable households and industries or risk wasting billions of euros as the Iran war hits oil and gas prices, von der Leyen told EU lawmakers in Strasbourg, France.

She said the world’s biggest trading bloc must draw on the lessons of the 2022 fuel crisis – when Russia used its energy might against European countries to undermine their support for Ukraine – to avoid further hurting their economies.

More than 350 billion euros “were spent on untargeted measures and this had a huge impact on member states’states’ finances,” she said. “So let us not make the same mistake again, and let’s focus our support where it matters most.”

 

Chairman of the Joint Chiefs says his goal is to tell civilian leaders what they need to hear

The chairman of the Joint Chiefs of Staff, Gen. Dan Caine, said at a House hearing Wednesday that he wants to emulate Gen. George C. Marshall, who served during World War II and later helped Europe recover from the conflict.

“His commitment to civilian control and aa nonpartisan military remains a constant standard in something I borrow from often,” Caine said in his opening statement. “I strive daily to emulate his candour,candour, delivering the facts to our leaders and telling them always what they need to hear, not always what they want to hear.”

Caine spoke before the House Armed Services Committee alongside defence secretarydefence secretary Pete Hegseth. They are discussing the Pentagon’s proposed budget and facing questions about the Iran war.

Hegseth faces questions as hearing begins

A House hearing with defence secretarydefence secretary Pete Hegseth started Wednesday morning with a packed hearing room and many other people crowded into the hallway outside.

“Let the public in,” several people chanted outside as lawmakers found their seats. They also yelled at Hegseth as he passed them in the hallway.

The hearing is officially to discuss the Pentagon’s proposed budget, but it is also the first time Hegseth publicly answers questions on the Iran war on Capitol Hill. 

Joint Chiefs of Staff Gen.Staff Gen. Dan Caine isCaine is seated beside the defencedefence secretary.

Rep. Adam Smith, the top Democrat on the House Armed Services Committee, said Hegseth needs to provide an explanation of what the Trump administration’s goals are in the Middle East.

“Where is the administration going? What is the plan to achieve our objectives? We’ve seen the cost, and the cost is very, very high,” he said.

German leader says ties with Trump “as good as ever” after exchange of criticism

German Chancellor Friedrich Merz said Wednesday that his relationship with President Trump remained “as good as ever”,ever”, but that he had “had doubts from the very beginning about what was started there with the war in Iran.”

“We are suffering considerably in Germany and in Europe from the consequences of, for example, the closure of the Strait of Hormuz,” Merz said. “In that regard, I urge that this conflict be resolved.”

MrMr Trump had attacked Merz onMerz on Tuesday on his Truth Social platform, saying, “Thesaying, “The Chancellor of Germany, Friedrich Merz, thinks it’s OK for Iran to have a nuclear weapon.nuclear weapon. He doesn’t know what he’s talking about!” 

MrMr Trump was responding to Merz’s comments the previous day, when the German leader said the U.S. was being “humiliated” by the Iranian leadership and criticisedcriticised what he called Washington’s lack of strategy in the war.

Hezbollah lawmaker says Lebanon “must abandon appeasement” and halt negotiations with Israel

Lebanon “must end appeasement” and stop negotiating with Israel, a Hezbollah member of the country’s parliament said in remarks reported Wednesday. 

Citing the ongoing Israeli strikes and ground invasion in southern Lebanon, Hassan Fadlallah said Lebanese authorities “must immediately abandon their appeasement options”,options”, the independent Al-Markazia news outlet reported.  

Lebanon and Israel signed a ceasefire deal in mid-April that was later extended to end the fighting between the Israeli military and Iranian-backed Hezbollah, but both sides have repeatedly accused the other of ceasefire violations.

The Lebanese health ministry said Tuesday that more than 2,530 people had been killed since Israel launched major military operations against Hezbollah on March 2, in response to the group firing rockets and drones at Israel in solidarity with Iran. 

Earlier Wednesday, Lebanese health officials said an Israeli strike killed three rescue workers, a day after the health ministry said 14 people were killed in strikes on Sunday, including two children and two women.

In Israel, the war with Iran and Lebanon has killed at least 40 people, according to the independent Institute for National Security Studies. 

 

Iran’s state-run Press TV says prolonged U.S. blockade will draw “unprecedented military action” in response

If the U.S. maintains its blockade of Iran’s ports and Iranian vessels, it will draw “practical and unprecedented military action” in response, Iran’s state-run Press TV network said Wednesday, citing an unnamed “high-ranking security source”.source”. 

The network said Iranian leaders’ “patience has limits” and if the blockade – whichblockade – which the U.S. military says has forced 39 vessels attempting to access Iranian ports to turn around – continues,around – continues, “a punishing response is necessary.” 

The report said if Washington maintains its blockade around the Strait of Hormuz, “the official warned that the enemy should soon expect a different kind of response”,response”, without offering any further details.

A senior Iranian lawmaker earlier renewed a lingering threat by Tehran to ask the Islamic Republic’s allies in Yemen, the well-armed Houthi rebel movement, to target shipping in the Bab el-Mandeb StraitStrait if the blockade isn’t lifted.

The Bab el-Mandeb is, just like the gridlocked Strait of Hormuz, a key chokepoint for global energy supplies in the Middle East, and the Houthis have attacked ships in the region previously.

A map shows major routes for energy resources and other trade from the Middle East to Asia, including the Bab el-Mandeb StraitStrait and the Strait of Hormuz.

A UN-backedA UN-backed report warns more than 1.2 million people in Lebanon expected to face acute hunger due to war

A U.N.-backed report said Wednesday that more than 1.2 million people in Lebanon were expected to face acute hunger due to the latest war between Israel and Hezbollah.

The UN’s Food and Agriculture Organization, the World Food Program, and Lebanon’s agriculture ministry announced the figure in a joint statement.

Some “1.24 million people — nearly one in four of the population analysedanalysed — are expected to face food insecurity” at crisis levels or worse between April and August 2026, they said.

They were referring to analysis from the Integrated Food Security Phase Classification (IPC), a U.N.-backed group that monitors hunger and malnutrition.

This marks a “significant deterioration” from before the war erupted in March, “when an estimated 874,000 people, roughly 17 per centper cent of the population, were experiencing acute food insecurity”, the statement said.

“The deterioration is due to conflict, displacement and economic pressures,” it added. 

 

Pakistani leader says efforts to broker U.S.-Iran peace deal “are still ongoing”

Pakistan’s Prime Minister Muhammad Shehbaz Sharif told members of his cabinet on Wednesday that the country’s efforts to broker an agreement between the U.S. and Iran to end the war,war, currently stuck in a costly stalemate,stalemate, “are still ongoing”.ongoing”.

“Due to the war, our journey of economic development has come to a halt; petroleum prices are soaring to the skies; mountains of problems stand before us, but we will emerge successfully from this difficult time,” predicted Sharif, who, along with a couple other senior Pakistani figures, has acted as the main route of communication between Washington and Tehran.

Sharif said, according to a statement posted on social media by his office, that Field Marshal Syed Asim Munir and Foreign Minister Senator Muhammad Ishaq Dar “also remained engaged” with their counterparts from the U.S. and Iran.

“Due to our immense efforts, the ceasefire has been extended, which is still ongoing,” he noted, referring to President Trump’s announcement of an indefinite extension, which the American leader said was to allow Iran more time to present a peace proposal.

 

IAEA chief says most of Iran’s highly enriched uranium likely still at heavily damaged Isfahan complex

The majority of Iran’s highly enriched uranium is likely still at its Isfahan nuclear complex, which was bombarded by airstrikes last year and faced less intense attacks in this year’s U.S.-Israeli war, the head of the U.N. nuclear agency told The Associated Press.

Rafael Grossi said in an interview on Tuesday that the International Atomic Energy Agency has satellite images showing the effects of the latest US-IsraeliUS-Israeli airstrikes against Iran and that “we continue to get information.”

IAEA inspections ended at Isfahan when Israel last June launched a 12-day war that saw the United States bomb three Iranian nuclear sites.

The U.N. nuclear watchdog believes a large percentage of Iran’s highly enriched uranium “was stored there in June 2025 when the 12-day war broke out, and it has been there ever since”,since”, Grossi said.

We haven’t been able to confirm the material’s presence or the IAEA seals’ integrity, he said. “I hope we’ll be able to do that, so what I tell you is our best estimate.”

Images from an Airbus satellite show a truck loaded with 18 blue containers going into a tunnel at the Isfahan Nuclear Technology Center on June 9, 2025, just before the start of the June war. Those containers, believed to contain highly enriched uranium, likely remain there.

The IAEA also wants to inspect Iran’s nuclear facilities at Natanz and Fordo, where there is also some nuclear material, the IAEA director-general added. 

Oil prices keep rising after USUS gas hits a $4.18-per-gallon record during Iran war

Oil prices continued rising Wednesday, with the price of a barrel of the internationalthe international benchmark Brent Crude edging close to $115 in early morning trading.

Oil accounts for 51% of the cost of a gallon of gas, making it the biggest factor in determining prices at the pump. The average cost of a gallon of gasoline in the U.S. hit $4.18 on Tuesday, according to AAA, the highest level since the Iran WarWar began.

Gasoline prices increased again Wednesday to $4.23 a gallon, up $1.25 a gallon since the U.S. and Israel launched their first attacks on Iran on Feb. 28. 

The latest increase follows a brief period of relief, when prices eased after hitting a recent high of $4.17 on April 9 as the U.S. and Iran appeared to be making progress toward a deal to end the war. The countries agreed to a two-week ceasefire on April 8, which President Trump has since extended, but negotiations have lost momentum in recent days, making a quick resolution to the war less likely and sending oil prices higher. 

“The Strait [of Hormuz] is not reopened — there’s no cohesive plan for reopening it — and now negotiations have been basically stopped,” Patrick De Haan, a petroleum expert at GasBuddy,GasBuddy, said Tuesday. “So oil’s been slowly recapturing some of what it gave up after the ceasefire was announced.”

Iran’s currency,currency, the rial hits record low against dollar as U.S. blockade of ports continues

The Iranian currency, the rial, plummeted to a record low against the dollar Wednesday, according to currency-tracking websites consulted by the AFP news agency, as a U.S. naval blockade of the country’s ports and vessels continued.

On the black market, the rial was trading at around 1.80 million rials to the dollar, the Bonbast and AlanChand websites reported. When the war erupted two months ago, one dollar was traded at about 1.70 million rials.

Iran officially has several fixed exchange rates, but the two websites are generally used as benchmarks for unofficial rates.

President Trump has suggested that economic pressure from the ongoing blockade should force Iran to accept a deal to end the war on his terms.

On Wednesday, MrMr Trump posted on Truth SocialSocial that the Iranian regime needs to “get smart soon”,soon”, accompanied by an AI photo of himself holding a rifle in front of multiple explosions and the caption: “NO MORE MR NICEMR NICE GUY!”

Iran has executed at least 21 people andpeople and arrested more than 4,000 since war began, U.N. says

Iran has executed at least 21 people and arrested more than 4,000 since the beginning of the Middle East war, the United Nations said, criticisingcriticising the Islamic Republic’s “harsh and brutal” treatment of its people.

Since the U.S.-Israeli strikes sparked the war in late February, “at least nine people have been executed in connection with the January 2026 protests, 10 for alleged membership in opposition groups, and two on espionage charges,” the U.N.’s rights office said.

 

Senior IranianIranian politician renews threat to Bab el-Mandeb Strait.Strait.

Alaaeddin Boroujerdi, Deputy Head of the National Security Committee, warned Tuesday that Iran could retaliate in kind for the U.S. military blockade of its ports, which has seen interdictions and the seizure of some vessels. He claimed its forces could “easily respond to any such action by seizing one of the ships present in the region and, in effect, bringing it to Iran’s shores”.shores”.

“We have not yet revealed our new cards,” he said, renewing a threat to another strategic Middle Eastern shipping lane.

“In fact, the importance of Bab el-Mandeb may be no less than that of the Strait of Hormuz,” he said, referring to another crucial chokepoint for energy supplies in the region that Tehran has threatened previously to ask its Houthi rebel allies in Yemen to block with attacks on commercial vessels.

Iran’s “Yemeni allies are waiting to block it and deliver another blow to America, its economy, and its illegitimate interests worldwide,” Boroujerdi said. 

Already, Iranian forces have seized two commercial ships that theythey accused of violating theirtheir restrictions on the Strait of Hormuz.

Ships and boats in the Strait of Hormuz

Ships and boats are seen in the Strait of Hormuz fromHormuz from Musandam, Oman, onOman, on April 29, 2026.

Boroujerdi dismissed threats issued by President Trump as “endless” and “empty””empty” and said they would only result in “further damage to America’s reputation and a demonstration of Iran’s strength.”

“We still hold the upper hand,” the parliamentarian said.

Iranian lawmaker vows Tehran “will never relinquish its control over the Strait of Hormuz”

Alaaeddin Boroujerdi, Deputy Head of the National Security Committee in the Iranian Parliament, said Wednesday that Iran “will never relinquish its control over the Strait of Hormuz”.Hormuz”.

In remarks broadcast by Iranian state media, Boroujerdi claimed Iran still had sufficient missile stockpiles to sustain several years of war, adding that the U.S. and other Western countries had “come to believe in the capabilities of the Islamic Republic”.Republic”.

He said Parliament Speaker Mohammad Bagher Ghalibaf was managing negotiations with the U.S., which have been carried out only indirectly, via Pakistani mediators, since a first round of unsuccessful direct talks in early April.

Since then,then, Iran has maintained an effective blockade of the Strait of Hormuz, a vital shipping lane for global energy supplies, only permitting a select few vessels to transit the waterway with coordination – andcoordination – and reportedly for large fees. The U.S., in response, has imposed a military blockade of all Iranian ports and vessels linked to the country.

Boroujerdi dismissed those U.S. actions as ineffective, calling the blockade “a passive and worthless move” and claiming the U.S. would “not dare act” against some vessels “because they belong to other countries, such as China and others that the United States does not dare confront”.confront”.

The Pentagon said that, as of Tuesday, it had forced 39 vessels attempting to enter or depart from Iranian ports to turn around since the blockade began. 

 

Trump warns Iran to “get smart soon,” with AI image of himself holding a rifle

President Trump warned Iran to “get smart soon”,soon”, posting a brief message on his Truth Social platform early Wednesday morning, along with an AI-generated image of himself holding a rifle in front of explosions, with the caption: “NO MORE MR NICEMR NICE GUY!” 

Iran is struggling to get organised. They don’t know how to sign a nonnuclear deal. They better get smart soon!” the president said.

MrMr Trump has voiced optimism that the ongoing U.S. military blockade of Iranian ports and vessels will bring sufficient economic pressure on the Islamic Republic to force it to agree to a deal. He has abandoned previous deadlines for Tehran to agree to a deal, however, and most recently extended an ongoing ceasefire indefinitely, saying it was to give the regime time to present a coherent peace offer. 

A proposal tabled by Iran earlier this week, which sources told CBS News would have involved a mutual dropping of restrictions on shipping via the Strait of Hormuz, was tacitly rejected by the Trump administration, probably because it would have delayed negotiations on Iran’s nuclear programme.programme.

MrMr Trump has not issued a new deadline for Iran to make a deal, but the administration has left the threat of renewed attacks on the table amid one of the most significant U.S. military deployments to the Middle East in decades.

Hegseth to be grilled by Congress for first time since Iran war began

DefenceDefence Secretary Pete Hegseth will face questioning from lawmakers Wednesday for the first time since the Trump administration launched the war against Iran, which Democrats have contested as a costly conflict of choice waged without congressional approval.

The hearing before the House Armed Services Committee is being held to discuss the administration’s 2027 military budget proposal, which would boost defencedefence spending to a historic $1.5 trillion. Hegseth and the chairman of the Joint Chiefs of Staff, Gen. Dan Caine, are expected to stress the need for more drones, missile defencedefence systems and warships.

Democrats are likely to pivot to the ballooning costs of the Iran war, the huge drawdown of critical U.S. munitions, and the bombing of a school that killed children. Some lawmakers also may question how prepared the military was to shoot down swarms of Iranian drones, some of which penetrated U.S. defencesdefences and killed or injured American troops. 

Trump says King Charles agrees Iran shouldn’t have nuclear weapons.weapons.

At the start of Tuesday’s White House state dinner, President Trump said King Charles agrees with the U.S.’ position that Iran shouldn’t have a nuclear weapon.

“Charles agrees with me even more than I do. We’re never gonna let that opponent have a nuclear weapon. They know that, and they’ve known it right now very powerfully,” MrMr Trump said after alluding to the conflict in the Middle East, without mentioning Iran by name.

The king and Queen Camilla are in the U.S. to mark the 250th anniversary of the signing of the Declaration of Independence.

At the dinner, MrMr Trump also lauded the nation’s relationship with the U.K., saying the two countries share a “nobility of spirit and heroic soul”.

Rising oil prices pull Wall Street off record highs

Stocks mostly advanced in Asia on Wednesday despite losses on Wall Street during the previous day’s trading. Oil prices gained on uncertainties over when the war in Iran will end and after the United Arab Emirates said it would leave OPEC, a blow to the powerful oil cartel.

U.S. futures edged higher Wednesday.

In Asia, South Korea’s Kospi rose 0.8% to 6,690.90 and the Hang Seng in Hong Kong gained 1.5% to 26,050.90. The Shanghai Composite index traded 0.7% higher at 4,107.51. Australia’s S&P/ASX 200 slipped 0.3%, to 8,687.00.

Taiwan’s Taiex lost 0.6%, and India’s Sensex gained 1.4%.

Early Wednesday, the price of a barrel of Brent crude oil for delivery in June rose 1.1% to $112.47. Brent, to be delivered in July, was also up 1.1% to $105.50. Brent oil was around $70 per barrel before the war began in late February.

Benchmark U.S. crude gained 1% to $100.94 a barrel.

U.K. ambassador says the “one country” with a “special relationship” with U.S. is “probably Israel”

Britain’s ambassador to the U.S., Sir Christian Turner, said in February, before the U.S. and Israel launched their joint war with Iran, that to him it seemed the “only country” with a “special relationship” with the U.S. was “probably Israel”.

Turner made the remarks to a group of British high school-age students visiting the U.S. The Financial Times obtained a recording of the comments and reported it on Tuesday.

Turner said he didn’t like the term “special relationship”, coined by Prime Minister Winston Churchill in the wake of World War II, to describe the U.S.-U.K. bond, calling it “quite nostalgic” and “backwards-looking”, according to the FT.

“I think there is probably one country that has a special relationship with the United States,” he said, “and that is probably Israel.”

CBS News has not reviewed the audio of his remarks, but the British government has confirmed their authenticity.

Read more here.



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Istana to build on SoftBank deal after $4 million raise

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Perth-based surveillance software firm Istana AI has raised $4 million in an oversubscribed placement to continue its growth in key markets such as Japan and the Middle East.

The Kevin Brown-led company told the market today that it has received funding from institutional and sophisticated investors after developing self-learning AI software that detects unusual or interesting events in large surveillance networks.

Built for scale, its technology eliminates the need for human operators to watch thousands of video streams and the need for manual rule configuration on camera stream setup.

The offering was made at 3.2 cents per share, a nine per cent discount to the five-day volume-weighted average price, with approximately 125,000,000 new shares issued as part of the raise.

Kevin Brown, chief executive of Istana AI, said the oversubscribed placement shows investors have confidence in the company.

“This capital raise will help Istana AI accelerate its global growth strategy, particularly through growing our partner network and expanding sales capacity in key markets,” he said.

“With increasing demand for intelligent, automated security solutions, we believe Istana AI is well-positioned to capitalise on the significant market opportunities ahead and drive growth in recurring revenues.”

The company said the funds will also be used to continue the development of its Antara Core technology, which provides on-site server hosting for its AI monitoring software, rather than cloud-based services.

Istana AI Shares (ASX:ICE)

It’s a play that could deploy Istana’s technology in some of the most sensitive industries by offering more in-depth data security and sovereignty controls.

Templer Corporate acted as the lead manager for the placement.

Istana currently operates 19,000 cameras across more than 70 sites and 15 countries.

People like Lawrence Escalante and Worley Parsons founder Peter Meyers previously supported it.

The confidence from investors comes after a tumultuous year for the company.

Shares are currently trading at 3.5 cents a share, below their 2025 high of 5 cents a share.

The decline comes amid continued uncertainty over the future of its $1.7 million contract for Iraq’s Safe Cities project in Baghdad.

The contract was originally secured with HTE Electronics Trading LLC through 2025.

Under the agreement, Istana will provide its AI video analytics software to manage surveillance in the Iraqi capital.

But, in a statement issued to the market in September – and reiterated in the release of interim results in February – the company said there were concerns about the future of the project.

“Isetana AI has attempted to connect with HighTech to seek clarification and confirm the revised deployment schedule. The company has not yet received a response,” it said in September.

The project includes Isetana AI in its scope, but broader ecosystem dynamics still pose implementation risks.

“Based on the above, there is material uncertainty with respect to both the timing of the Safe City project and the ultimate realisation of revenues.”

Despite the Iraq contract problem, interim results published in late February were promising.

Recurring revenue increased 43 per cent during the first half to $1.3 million, while the margin also increased.

During the year, the parties also reached an agreement with Japanese robotics giant SoftBank Robotics Group Corp., launching a three-year research and development partnership.

The Japanese tech giant’s chief executive Kenichi Yoshida was added to the Aisatana board as part of that deal, while the Tokyo-based company also became the exclusive distributor of Aisatana AI in Japan.

SoftBank also became the second-largest investor in the company with a 17.6 per cent stake.

That agreement also gave Istana its largest domestic contract to date, a five-year, $376,000 deal with Millennium Services Group, a SoftBank-controlled security and cleaning service provider.

This month’s raise is the first since Perth billionaire Lawrence Escalante fully underwrote a $2.65 million placement in January 2025 through his Lance East office.

The increase was to aid the company’s expansion into Iraq as part of the Baghdad Safe City project; now there are concerns about the feasibility of the project that is being said.

In 2022, Mr Escalante, founder of VGW, first invested in Istana when venture capital fund Yuva Capital exited its investment.

His January 2025 underwriting increased his stake in the firm to 37 per cent from about 17 per cent.

His stake later dropped to about 30 per cent after the SoftBank deal.

Mr Escalante is believed to be related to Istana’s chief executive Kevin Brown, with Mr Brown having served in a number of key executive roles at VGW over a six-year period before joining Istana.

Curtin University – the institution from which Istana’s technology first originated – still holds a 3.5 per cent stake in the company.

Istana also has backing from Tokyo Stock Exchange-listed Meccanica Inc.

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Marcus Rashford could block £43m Man United transfer after Barcelona U-turn

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Marcus Rashford’s future at Manchester United is uncertain and fresh speculation could affect the Reds’ potential signing this summer.

Marcus Rashford’s future is currently uncertain. (Photo: Jose Breton/Photos Action/Noor Photo via Getty Images)

Marcus Rashford could play a key role in Manchester United’s plans in this summer’s transfer window and could complicate any potential deal for target Raphael Leau. Rashford is currently spending the season on loan at Barcelona, ​​and speculation is rife as to whether a permanent deal will be agreed this summer.

Rashford expressed his desire to leave United last summer, and his loan deal with Barcelona includes a permanent option for a fee of £26 million.

However, doubts remain over whether the La Liga giants will decide to sign Rashford on a permanent deal, with Barca yet to officially hold talks with United over the England international’s future, despite claims earlier this year that they were committed to completing the deal.

As a result, there remains a chance Rashford could return to United, despite the 28-year-old previously outlining his desire to sign for Barcelona on a permanent basis.

Read more: Bruno Fernandes’ Man United assurances as Marcus Rashford’s transfer looms Read more: Manchester United are close to signing the star midfielder.

United have the summer transfer window on the horizon, and there are still plenty of rumours about what business the club could do ahead of next season.

One position that United have been linked with strengthening is the wide forward area, with AC Milan star Leo being mentioned as a possible target.

Italian news outlet Calciomercato has reported that United are in the race to sign Leo, who could be allowed to leave Milan if the right offer is presented.

It is claimed that Leo is worth around €50 million (£43m) and will remain under contract at the San Siro until the summer of 2028.

AC Milan star Rafael Luo has been linked with a move to Manchester United.

AC Milan star Rafael Luo has been linked with a move to Manchester United. (Photo: 2026 Getty Images)

However, Rashford’s future at United could affect the Reds’ plans to strengthen their squad, particularly in the wing department.

Lew and Rashford have played in the same position on the left wing this season. As a result, Rashford remaining at United next season could mean the Reds don’t need to go in the market to strengthen their left-back spot.

It looks like Rashford will be reintegrated, but United are digging in their heels and refusing to accept another loan or lower offer from Barcelona. Should Barcelona choose not to sign him permanently, it could put United in a difficult position regarding Rashford’s future, given his hefty wages and his strong desire to stay with the Catalan giants.

More clubs have come in for Rashford in the summer recently, with Tottenham Hotspur and Aston Villa both reportedly interested.

Interim United boss Michael Carrick was recently asked about Rashford’s future and the possibility of the forward returning to the squad for next season.

“There are things to decide on, and obviously Marcus is in that situation,” Carrick said earlier this month.

“But currently, nothing is decided. It will happen, because it has to, but at this stage, there is nothing to say.

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Donald Trump gives Iran World Cup blessing: ‘If Gianni says so, I’m fine.’

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US President Donald Trump has blessed Iran to compete on his country’s soil during this summer’s World Cup, saying, “Let them play.”

Iran’s participation in the final has been uncertain since the US and Israel launched airstrikes on the country on February 28.

FIFA president Gianni Infantino has repeatedly insisted that Iran will play as scheduled, with all three of their group games in the US, and reaffirmed at the FIFA Congress on Thursday that this would be the case.

Trump was asked about Infantino’s comments at a media briefing later Thursday, saying, “Well, if Gianni said it, I’m fine.

“Did Gianni say it? Gianni Infantino – it’s a piece of work.”

Asked what would happen if Iran won, Trump replied: “If they win, we’ll have to worry about that.

“You know what, let them play. Gianni’s fantastic; he’s a friend of mine. He talked about it, and I said, ‘Do whatever you want.’ You can take them; you don’t need them. They’ve probably got a good team. Do they have a good team? Do you have any idea?”

The reporter who initially asked the question said he had no idea.

Trump responded: “It’s going to be difficult to believe, actually. But let them play, okay?”

Iran will face the USA in the last 32 in Dallas if both teams finish second in their respective groups.

Trump has previously said it would be “inappropriate” for Iran to play “for its own life and safety.”

Infantino opened his presidential address to Congress in Vancouver: “I confirm at the outset, for those who might want to say something else or write something else, Iran will certainly participate in the FIFA World Cup 2026.

“And of course, Iran will play in America. The reason is simple: we have to unite. We have to bring people together.”

Iran will open their campaign against New Zealand on June 15 in Los Angeles.

Iran was the only one of FIFA’s 211 member nations without federation officials in Vancouver.

The Press Association understands that two delegates were granted visas by Canadian authorities to attend but chose not to after another member of their group was denied entry to Toronto.

Immigration, Refugees and Citizenship Canada (IRCC) spokesperson Matthew Krupowicz released a statement regarding the incident.

“Canada is proud to host the FIFA World Cup and is working to facilitate a safe and successful event,” he said.

As with all Games-related events, trained officers assess visa applications on a case-by-case basis.

“While we cannot comment on individual cases due to privacy laws, the government has been clear and consistent: IRGC (Islamic Revolutionary Guard Corps) personnel are unacceptable to Canada and have no place in our country.

“We have taken strong action to hold the IRGC to account and will continue to do so while protecting the safety of Canadians and maintaining the integrity of our immigration system.”

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