Iranian news agency tied to the IRGC, described as semi-official
Shipping through the Strait of Hormuz has ground toward a halt this weekend as a 60‑day ceasefire between the U.S. and Iran has reached its expiry and negotiations remain stalled. Kpler data shows single‑digit daily transits; Iran has repeated demands that the U.S. lift its naval blockade, remove sanctions and pay reparations, while the U.S. says it can maintain the blockade indefinitely and is planning further economic pressure.
Global stocks have rallied this month after officials reported progress in talks to reopen the Strait of Hormuz, and a string of strong corporate earnings has bolstered investor sentiment. Treasuries and oil prices have fallen as traders pare back expectations for near-term Fed hikes; strategists warn valuations and one-off earnings boosts limit further upside.
Since mid-May, Iran has conveyed a revised peace proposal to the United States through Pakistan demanding lifting of sanctions, release of frozen funds, reparations and continued enrichment rights. President Donald Trump has said he paused planned strikes and warned a new limited attack will happen in days if no deal is reached; talks are stalled but continuing.
US President Donald Trump says negotiations with Iran are largely negotiated and that the Strait of Hormuz will be opened, with details to be announced soon. Iran cautions that gaps remain and emphasizes that a 14-point framework is being drafted; negotiations involve multiple Middle East states and Israel.
The emerging MoU on Iran opens Hormuz; Tehran and Washington say “meaningful progress” is being made. Pakistan says the next talks are “very soon,” while Israel warns of security implications amid fresh strikes and a Gaza ceasefire strain.
Iran has ordered a reopening of international internet access after an almost 90-day nationwide blackout that began in January and deepened after U.S. and Israeli strikes in late February. Fixed broadband users are reporting partial reconnection while mobile service remains unstable; many platforms still require VPNs and businesses say losses are severe.
The latest reporting indicates negotiators are pursuing a framework to end the conflict, reopening the Strait of Hormuz and easing sanctions as part of a broader nuclear accord. Officials warn that hard questions remain and timing is uncertain, with multiple regional powers watching closely.
Iran is coordinating a multi-city funeral for Ayatollah Ali Khamenei, with Mojtaba Khamenei absent from public view. State media show three sons near the coffins as crowds gather, while officials plan mass processions to Qom, Najaf, Karbala and Mashhad amid a fragile ceasefire and renewed tensions with the US and Israel.
The United States has escalated strikes against Iran, while Iran and its IRGC retaliate with missiles and drones targeting Gulf bases and shipping. The renewed hostilities threaten global energy flows as both sides threaten further action and diplomatic talks remain fragile. The Strait of Hormuz remains central to the crisis.
Iran has continued attacks on US bases across the Gulf region, targeting Jordan, Kuwait, Bahrain, Qatar and Oman with missiles and drones. US-led airstrikes have responded with approximately 90 targets hit in Iran as the Strait of Hormuz remains a focal point of the conflict. Regional leaders urge restraint while diplomacy is pursued.
The US has completed a two-hour "heavy wave" of strikes across Iran, hitting Revolutionary Guard command centres, missile and drone facilities and coastal surveillance sites after Tehran fired ballistic missiles at US forces. Iran has launched retaliatory drone and missile strikes on US assets and allied facilities in the region; Jordan reported intercepting missiles with no casualties.
Iran, Oman, and the United States are negotiating a framework to reopen the Strait of Hormuz without tolls while broader nuclear talks resume. Washington has suggested the risk of renewed strikes is being met with renewed diplomacy, and regional states are urging restraint as attacks in the Gulf intensify.
Iran has said three of its pilots were captured by Qatari forces after Su-24 jets crashed during an operation over Qatar in March. Qatar has denied detaining surviving aircrew, saying its search teams recovered one body and invited Iran to review the rescue operation; Tehran says Doha has not responded to its request to allow an Iranian investigation.