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Trump accuses ally Meloni of lacking courage for not joining attacks on Iran

conflict, particularly fears of economic fallout. Concerns have intensified in recent weeks over disruptions to global energy supplies, with the effective blockade of the strait of Hormuz contributing to a sharp rise in diesel prices

First Thing: Microsoft and Meta cut thousands of staff as they bet big on AI

Hormuz”](https://www.theguardian.com/us-news/2026/apr/23/trump-claims-us-has-total-control-over-strait-of-hormuz-as-iran-seizes-two-container-ships), a statement that appeared dubious in light of Iran seizing two container ships and a US report warning it could take six months to clear the strait of mines. The president

US and Iran in blockade standoff as Pakistan pushes for talks

Iran, the US and Israel which was due to expire on Wednesday does at least persist. Instead of fighting, we have a "war of blockades" over the Strait of Hormuz, with both sides using force

When will Strait of Hormuz be ‘safe’ for commercial shipping again?

Iran said this was to help tankers avoid the danger of mines.  On Thursday, Trump ordered the US military to “shoot

A fresh financial crisis may be coming - it won't play out like the last one

Strait of Hormuz "the greatest energy security crisis in history", insisting it is "more serious" than the previous energy shocks in 1973 (when some Arab states imposed an oil embargo on the West), 1979 (caused

Russian superyacht sails through Strait of Hormuz despite blockade

conflict has contributed to a sharp rise in global oil prices, with the global benchmark Brent crude rising to [$109 (£80) a barrel on Monday.](https://www.bbc.com/news/articles/c15d57pv925o) Iran has continued restricting shipping through

Bank bosses called to meeting with Reeves over impact of Iran war on UK economy

Iran retaliated to US and Israeli strikes by closing the strait of Hormuz shipping route and attacking oil-producing neighbours, have sparked gloomy forecasts about rising inflation and mortgage costs. More than 1 million

What has Trump said before possible US-Iran talks and what could it mean?

Hormuz Strait if such a blockade were to remain in effect. Iran’s Fars News Agency, which is closely aligned with the IRGC, reported that Tehran considers the continuation of the US blockade a violation

Bank of England leaves interest rates on hold at 3.75%

US-Israeli war on Iran began. However, rising energy costs as a result of the effective closure of the strait of Hormuz has began to push up inflation around the world. The latest Office

Pakistan races against time to get Iran back to US talks as truce end nears

Strait of Hormuz since April 13. Tehran called the incident a [ceasefire violation](/news/2026/4/20/us-captures-iranian-ship-touska-amid-mediation-efforts-all-we-know) and demanded the immediate release of the ship, its crew members and their families. Iran’s Foreign Ministry described the seizure

Israel-Lebanon ceasefire extended by 3 weeks as tensions rise in Strait of Hormuz

Strait of Hormuz ![(L-R) US Ambassador to Israel Mike Huckabee, Israel Ambassador to US Yechiel Leiter, US Vice President JD Vance, US President Donald Trump, US Secretary of State Marco Rubio, Lebanon Ambassador

China weathered Trump's tariffs - but the Iran war is taking a toll

US-Israel war with Iran shook the global economy. China's economy was already battling slower growth and unemployment when Donald Trump's tariffs hit last year. Still, it proved resilient, boosting exports and reporting

Trump’s Iran war victory boast has echoes of Bush’s ill-fated ‘mission accomplished’ claim

conflict with Tehran’s longstanding Lebanese Shia proxy group, Hezbollah – was not included in the agreement. That, too, was a striking claim in view of Iran’s fixation with its regional “axis of resistance” against

Iran sees mass redundancies from war with US and Israel

conflict, many media outlets have also shed their workers. This includes the Iran Labour News Agency (Ilna) that made all its journalists redundant last week and asked them to work as freelancers. In late March

What people in power think the impact of the Iran war will be

Strait of Hormuz south of Iran and 7,000 miles away in the White House. This week was the unique opportunity for the rest of the world to make its economic case to US President

Why and how is US blockading Iranian ports in Strait of Hormuz?

Hormuz, and its oil revenue. The US president told Fox News that "we're not going to let Iran make money on selling oil to people that they like and not people that they

With the US-Iran ceasefire about to expire, could Trump put boots on the ground?

Hormuz, boots on the ground could – at least initially – fall short of an incursion on to the mainland, and be limited instead to occupying one or more of several islands in the Gulf off Iran

Tokyo workers asked to swap suits for shorts to combat energy costs and heat

US-Israel war on Iran](https://www.theguardian.com/world/us-israel-war-on-iran). Inspired by the country’s [Cool Biz energy-saving initiative](https://www.theguardian.com/world/2005/jun/17/japan.justinmccurry), Tokyo officials hope the measure will cut dependence on air conditioning. Cool Biz, launched

Britain’s military dependence on US ‘no longer tenable’, says former Nato chief

Iran, refusing to participate directly as questions remain over whether the initial attack that killed the country’s supreme leader, Ali Khamenei, was legal under international law. That prompted Trump to compare Starmer to Neville

Iran-Iraq Tanker War redux? Why the Strait of Hormuz crisis is different

Strait of Hormuz, or begin minesweeping operations, fearing they will be dragged into the war. In a post on Truth Social in early April, the US president [took aim](/news/2026/4/1/trump-tells-allies-get-your-own-oil-says-iran-war-could-end-in-2-3-weeks) at allies, “like the United