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Trump heads to China for state visit. And, how the war in Iran has affected inflation

news you need to start your day.* ### Today's top stories **President Trump leaves for a state visit to China today.** It will be his first visit to Beijing during his second term. Trade will

Trump says Iran attack on ‘hold’: What we know about latest negotiations

news briefing on Monday that Tehran’s response to the previous US proposal had been “conveyed to the American side through mediator Pakistan”, according to Tasnim. Washington and Tehran have [exchanged multiple proposals](/news/2026/5/11/unacceptable-whats-irans-peace-proposal-that-trump-has-rejected

How Lebanon became the breaking point for the Iran war ceasefire

news agency reported. “Tehran had been tolerating recent Israeli attacks on southern Lebanon but drew a red line on Beirut,” senior fellow at the Center for International Policy and founder of The Iran Podcast, Negar

First Thing: Tensions rise over Hormuz as Trump threatens to blow Iran ‘off the face of the earth’

Hormuz. - **Have any vessels made it out of the strait?** US Central Command (Centcom) said two US-flagged merchant vessels had “successfully transited” the strait, but Iran has denied this claim. Late on Monday

Uncertainty looms as last oil tanker from Middle East arrives in California | First Thing

strait of Hormuz. Photograph: Majid Asgaripour/Reuters - **What do we know about progress on a deal?** Axios reported on Wednesday that Washington and Tehran were close to agreeing on a memorandum of understanding

Andrew Hastie accuses Pauline Hanson of being ‘Maga first’ – as it happened

strait of Hormuz open, and we get the oil supply”.  Shadow minister Andrew Hastie. Photograph: Lukas Coch/AAP Hastie criticised the One Nation leader’s stance. He said: > double

Iran calls US ship seizure ‘piracy’: Is it?

Strait of Hormuz towards Bandar Abbas. CENTCOM reported: “American forces issued multiple warnings and informed the Iranian-flagged vessel it was in violation of the US blockade.” “After Touska’s crew failed to comply with

Iran reviews U.S. proposal. And, Rubio to meet Pope Leo after Trump's criticism

news you need to start your day.* ### Today's top stories **Iran is evaluating the Trump administration's** [**latest proposal to end the war**](https://www.npr.org/2026/05/06/nx-s1-5813497/iran-war-strait-hormuz-updates)**,** Iran's foreign ministry spokesperson Esmaeil Baqaei said

How does Iran’s leadership view the emerging deal with the US?

controlling the waterway and the US blockade of Iran’s ports. It is also unclear if the two sides can reach a longer-term deal on nuclear enrichment and the buried highly enriched uranium

First Thing: Trump says US navy will ‘guide’ trapped ships through strait of Hormuz

Hormuz, and claimed his representatives were having “very positive” discussions with Iran. Trump wrote on his social media site that what he called Project Freedom would be a humanitarian gesture “on behalf of the United

How long can Iran survive the US’s Hormuz blockade?

controlled the strait. However, it has continued to export its own energy products through the waterway. Iran’s oil exports through the Strait of Hormuz [account](https://www.youtube.com/watch?v=BsIuH1yQHHI) for about 80 percent

Trump-Xi meeting: Could China, US form a ‘G2’?

Strait of Hormuz](/news/2026/5/4/us-official-says-china-is-funding-iran-urges-beijing-to-help-open-hormuz), which Beijing has so far resisted. Xi is expected to look for gains on pressing issues, including trade, rare-earth minerals and a US recognition of [China’s rights over self