Basra is a southern Iraqi port city, capital of Basra Governorate and Iraq’s third-largest city. It sits near the Shatt al-Arab waterway and has long been a center for oil, trade and industry.
The latest wave of US strikes targets Iran and nearby targets after Tehran closes the Strait of Hormuz; both sides accuse each other of targeting energy infrastructure while global oil prices rise. The fight over Hormuz continues to threaten a broader conflict, with ships moving at reduced capacity through the strait.
A passenger bus crashed and burst into flames in Thi Qar province, southern Iraq, killing 21 and injuring 20. Officials say poor road conditions and a shortage of ambulances contributed to the death toll. Iranian nationals are among the dead; several bodies burned beyond recognition.
Three or four covert Iraqi cells, each around 10 fighters, have conducted at least seven drone attacks on Kuwait, Saudi Arabia and the UAE from desert areas near Basra and Samawa between 20 April and 17 May. The groups report directly to Iran's IRGC and operate outside the Islamic Resistance in Iraq, with Baghdad pledging to prevent Iraqi territory from being used for hostile acts.
Ashoura is being observed across major Shiite communities as conflict continues in Iran and Lebanon. Mourners mark Imam Hussein’s martyrdom in Karbala while security forces and militias reinforce processions amid ongoing Israeli-Hezbollah clashes and US-Iran diplomacy. The day blends ritual mourning with the realities of a regional war.
Iraqi Prime Minister Ali al-Zaidi's campaign targets officials accused of embezzlement and corruption. Authorities have detained dozens, with immunity removals enabling more arrests. The operation is expanding to Wasit, Kirkuk and Anbar as the government seeks to recover state funds and lock out faction-linked networks.
Iran has issued a warning through its military command, saying any deviation from designated routes in the Strait of Hormuz will be met with an immediate, forceful response. The statement also says U.S. fighter jets over the strait contribute to regional insecurity amid ongoing talks with the U.S. and allied mediators. Oil transits and prices respond to the latest escalation while negotiations continue.
Khamenei’s coffin nears final burial after a week of funeral ceremonies spanning Iran and Iraq. Najaf and Karbala host large processions; Iran’s deadly regional posture and ties with Iraq underscore the regional flare. The burial will conclude in Mashhad.
Iraq is pushing to deepen economic ties with the United States, signing oil and energy deals while aiming to increase oil production and secure IMF backing. Baghdad seeks to disarm Iran-aligned militias and to bolster state control over weapons as U.S. and Iranian pressures intensify. The talks center on shifting from crisis management to a strategic economic partnership.
Oil prices have climbed after President Trump announced a 20% shipping fee for cargo through the Strait of Hormuz and a renewed blockade of Iranian ports. Markets fear supply disruptions as global oil volumes tighten amid renewed conflict, with Brent and WTI futures moving higher following a day of volatile trading.