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THE TIMES OF INDIA | May 02, 2026, 07:51:15 IST
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US-Israel-Iran War News Highlights: Donald Trump reiterates Iran ‘decimated’, defends US strikes to stop nuclear threat
US Israel Iran War News Live Updates: The ongoing standoff between the United States and Iran reflects a complex and evolving geopolitical crisis shaped by military, economic and diplomatic pressures. Although a ceasefire has halted direct exchanges of fire, underlying tensions remain unresolved, particularly over control of strategic energy routes and concerns surrounding Iran’s nuclear programme. The situation highlights how modern conflicts can persist in indirect forms, even in the absence of active combat.
At the heart of the crisis is the Strait of Hormuz, a vital artery for global energy supplies. Iran’s move to restrict traffic through the strait has had far-reaching consequences, disrupting international oil flows and pushing prices sharply higher. This has not only affected energy markets but also heightened fears of a broader economic downturn. In response, Iran has proposed a potential de-escalation measure, offering to ease its blockade if the United States reciprocates by lifting restrictions on Iranian ports. However, US officials remain cautious, questioning both the intent and reliability of Tehran’s proposal.
The regional dimension of the conflict adds further complexity. Israel’s continued military actions in southern Lebanon, particularly against Hezbollah, signal that tensions are not confined to US-Iran relations alone. At the same time, Gulf nations and other regional players are attempting to navigate the crisis while safeguarding their own interests, with some stepping up diplomatic coordination efforts.
Internationally, the situation has exposed divisions among Western allies, complicating efforts to present a unified response. Warnings from mediators such as Qatar suggest the conflict could become a long-term stalemate, punctuated by intermittent flare-ups. As economic pressures mount and geopolitical risks persist, the crisis underscores the fragile balance between diplomacy and confrontation in one of the world’s most strategically important regions.
At the heart of the crisis is the Strait of Hormuz, a vital artery for global energy supplies. Iran’s move to restrict traffic through the strait has had far-reaching consequences, disrupting international oil flows and pushing prices sharply higher. This has not only affected energy markets but also heightened fears of a broader economic downturn. In response, Iran has proposed a potential de-escalation measure, offering to ease its blockade if the United States reciprocates by lifting restrictions on Iranian ports. However, US officials remain cautious, questioning both the intent and reliability of Tehran’s proposal.
The regional dimension of the conflict adds further complexity. Israel’s continued military actions in southern Lebanon, particularly against Hezbollah, signal that tensions are not confined to US-Iran relations alone. At the same time, Gulf nations and other regional players are attempting to navigate the crisis while safeguarding their own interests, with some stepping up diplomatic coordination efforts.
Internationally, the situation has exposed divisions among Western allies, complicating efforts to present a unified response. Warnings from mediators such as Qatar suggest the conflict could become a long-term stalemate, punctuated by intermittent flare-ups. As economic pressures mount and geopolitical risks persist, the crisis underscores the fragile balance between diplomacy and confrontation in one of the world’s most strategically important regions.
04:06 (IST) Apr 30
US Iran war: Iran's national rial currency hits record low
Iran’s national rial currency dropped to a record low Wednesday while a U.S. naval blockade has increased pressure on its already battered economy amid a fragile ceasefire.
Experts warn that the rial’s slide is likely to further fuel inflation in a country where many imported goods, from food and medicine to electronics and raw materials, are affected by the dollar rate.
The blockade has cut into a key source of government revenue and hard currency by stopping or intercepting oil shipments. Iran’s leaders are betting that an economy built to be self-reliant under decades of international sanctions can endure the pain.
Four weeks into the ceasefire that has largely halted fighting in Iran, the U.S. and Iran remain locked in a standoff over the Strait of Hormuz, through which a fifth of the world’s traded oil and gas passes in peacetime.
The strait’s closure is putting pressure on both sides and impacting the world economy, pushing up prices for food, fuel and other products made from petroleum. Frustration is mounting, as dozens of nations this week repeated calls to open the critical waterway for both humanitarian and economic relief.
Experts warn that the rial’s slide is likely to further fuel inflation in a country where many imported goods, from food and medicine to electronics and raw materials, are affected by the dollar rate.
The blockade has cut into a key source of government revenue and hard currency by stopping or intercepting oil shipments. Iran’s leaders are betting that an economy built to be self-reliant under decades of international sanctions can endure the pain.
Four weeks into the ceasefire that has largely halted fighting in Iran, the U.S. and Iran remain locked in a standoff over the Strait of Hormuz, through which a fifth of the world’s traded oil and gas passes in peacetime.
The strait’s closure is putting pressure on both sides and impacting the world economy, pushing up prices for food, fuel and other products made from petroleum. Frustration is mounting, as dozens of nations this week repeated calls to open the critical waterway for both humanitarian and economic relief.
03:39 (IST) Apr 30
US Iran war: 'May reduce troop strength in Germany,' says Trump amid row with Germany's Merz over his remarks on Iran war
President Donald Trump said Wednesday that the United States is considering reducing the number of its troops in Germany, amid a row with German Chancellor Friedrich Merz over the Iran war.
"The United States is studying and reviewing the possible reduction of Troops in Germany, with a determination to be made over the next short period of time," Trump said on his Truth Social platform. (AFP)
"The United States is studying and reviewing the possible reduction of Troops in Germany, with a determination to be made over the next short period of time," Trump said on his Truth Social platform. (AFP)
02:58 (IST) Apr 30
US Iran war: 'Iran's highly enriched uranium likely still at its Isfahan site,' says UN IAEA chief
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 UN nuclear agency's leader told The Associated Press.
Rafael Grossi said in an interview Tuesday that the International Atomic Energy Agency has satellite images showing the effects of the latest US-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 UN 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,” Grossi said.
“We haven't been able to inspect or to reject that the material is there and that the seals — the IAEA seals — remain there,” 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 last year's war started. Those containers, believed to contain highly enriched uranium, likely remain there.
Rafael Grossi said in an interview Tuesday that the International Atomic Energy Agency has satellite images showing the effects of the latest US-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 UN 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,” Grossi said.
“We haven't been able to inspect or to reject that the material is there and that the seals — the IAEA seals — remain there,” 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 last year's war started. Those containers, believed to contain highly enriched uranium, likely remain there.
02:00 (IST) Apr 30
'Iran Guards have no place here': Canada after Toronto airport incident
Members of Iran's Islamic Revolutionary Guard Corps "have no place" in Canada, Ottawa said Wednesday, after top Iranian officials left the country before a FIFA Congress, citing the conduct of immigration officers.
Iranian outlets reported that the nation's football federation's president, secretary general and deputy secretary general left Canada after being mistreated at Toronto's airport on route to the FIFA meeting in Vancouver.
Immigration, Refugees and Citizenship Canada said it could not comment on specific cases due to privacy but added: "IRGC officials are inadmissible to Canada." (AFP)
Iranian outlets reported that the nation's football federation's president, secretary general and deputy secretary general left Canada after being mistreated at Toronto's airport on route to the FIFA meeting in Vancouver.
Immigration, Refugees and Citizenship Canada said it could not comment on specific cases due to privacy but added: "IRGC officials are inadmissible to Canada." (AFP)
00:15 (IST) Apr 30
'Israel must fully implement truce,' says Lebanon president as strikes continue
Lebanese President Joseph Aoun said Wednesday that Israel must fully implement the ceasefire between the two countries before beginning direct talks, after Israeli strikes killed more than 20 people over the last two days.
Hezbollah drew Lebanon into the Middle East war on March 2, and Israeli and Lebanese representatives have since met twice in Washington, the first such meetings in decades, for discussions that Hezbollah has categorically rejected.
After the first talks, US President Donald Trump announced a 10-day ceasefire that began on April 17, and a three-week extension after the second round.
Trump said he hoped to host Aoun and Israeli Prime Minister Benjamin Netanyahu "over the next couple of weeks" as the two countries prepare for direct negotiations.
Israel "must first fully implement the ceasefire in order to move on to negotiations... Israeli attacks cannot continue as they are," Aoun said in a statement shared by the presidency.
"We are now waiting for the United States to set a date to begin direct negotiations" with Israel, he added. (AFP)
Hezbollah drew Lebanon into the Middle East war on March 2, and Israeli and Lebanese representatives have since met twice in Washington, the first such meetings in decades, for discussions that Hezbollah has categorically rejected.
After the first talks, US President Donald Trump announced a 10-day ceasefire that began on April 17, and a three-week extension after the second round.
Trump said he hoped to host Aoun and Israeli Prime Minister Benjamin Netanyahu "over the next couple of weeks" as the two countries prepare for direct negotiations.
Israel "must first fully implement the ceasefire in order to move on to negotiations... Israeli attacks cannot continue as they are," Aoun said in a statement shared by the presidency.
"We are now waiting for the United States to set a date to begin direct negotiations" with Israel, he added. (AFP)
00:05 (IST) Apr 30
Iran Israel war: Iranian officials 'insulted' at Toronto airport; leave Canada without attending FIFA Congress
Iran's delegation to the FIFA Congress, due to be held this week in Vancouver, left Canada on Wednesday before the global football gathering because of an "insult" at immigration at Toronto's international airport, Iranian media reported.
The Iranian delegation "returned to Turkey on the first flight due to the inappropriate behaviour of the immigration officials at the airport and the insult to one of the most honourable organs of the Iranian Armed Forces", several outlets reported, without providing further details.
In 2024, Canada designated Iran's Revolutionary Guards a terror group, barring its members from entering the country. The Iranian reports said its federation president and deputy secretary general had travelled to Canada with "official visas" before turning around. (AFP)
The Iranian delegation "returned to Turkey on the first flight due to the inappropriate behaviour of the immigration officials at the airport and the insult to one of the most honourable organs of the Iranian Armed Forces", several outlets reported, without providing further details.
In 2024, Canada designated Iran's Revolutionary Guards a terror group, barring its members from entering the country. The Iranian reports said its federation president and deputy secretary general had travelled to Canada with "official visas" before turning around. (AFP)
23:18 (IST) Apr 29
Iran 'choking like a stuffed pig': Trump digs in on Hormuz blockade
US President Donald Trump has said the United States will maintain its naval blockade on Iran until Tehran agrees to a deal addressing Washington’s concerns over its nuclear programme, signalling a hardening stance even as military options remain under consideration. Speaking to Axios, Trump indicated that the blockade is currently his preferred tool of pressure, describing it as more effective than direct military action. “The blockade is somewhat more effective than the bombing. They are choking like a stuffed pig. And it is going to be worse for them. They can't have a nuclear weapon,” he said.
Read full story23:08 (IST) Apr 29
Putin, Trump held phone call, discussed Mideast, says Kremlin aide
Russian President Vladimir Putin held a phone conversation with US President Donald Trump, with the discussion primarily centred on the ongoing conflict in the Middle East, according to Putin’s diplomatic adviser Yuri Ushakov.
Ushakov said Putin welcomed Trump’s decision to extend the ceasefire with Iran, describing it as a positive step that could allow space for negotiations.
He added that such an extension could help ease tensions and contribute to broader stability in the region.
Ushakov said Putin welcomed Trump’s decision to extend the ceasefire with Iran, describing it as a positive step that could allow space for negotiations.
He added that such an extension could help ease tensions and contribute to broader stability in the region.
22:51 (IST) Apr 29
US prepared for 'short & powerful' strikes on Iran, rejects proposal on reopening Hormuz
A plan for a 'short and powerful” wave of strikes on Iran has been prepared by United States Central Command in an effort to break the negotiating deadlock, according to Axios sources.
The development comes as Donald Trump rejects an Iranian proposal to first reopen the Strait of Hormuz and lift the blockade, insisting that nuclear talks cannot be deferred to a later stage.
The development comes as Donald Trump rejects an Iranian proposal to first reopen the Strait of Hormuz and lift the blockade, insisting that nuclear talks cannot be deferred to a later stage.
22:12 (IST) Apr 29
US defence secretary Hegseth calls Democrats ‘biggest adversary’ as Iran war costs hit $25 billion
US Defence Secretary Pete Hegseth on Wednesday told lawmakers that congressional Democrats are “the biggest adversary we face,” during his first appearance before the House Armed Services Committee since Donald Trump launched military action against Iran.
During the hearing, Pentagon officials disclosed that the war has already cost an estimated $25 billion and continues to rise, a figure long sought by Democrats. Hegseth also defended plans to raise next year’s defence budget to $1.5 trillion, saying it would “maintain the world’s most powerful and capable military.”
Meanwhile, diplomatic efforts to end the conflict remain stalled. Trump further escalated rhetoric on social media, posting an image of himself in a war zone carrying a weapon with the caption, “NO MORE MR. NICE GUY!”
During the hearing, Pentagon officials disclosed that the war has already cost an estimated $25 billion and continues to rise, a figure long sought by Democrats. Hegseth also defended plans to raise next year’s defence budget to $1.5 trillion, saying it would “maintain the world’s most powerful and capable military.”
Meanwhile, diplomatic efforts to end the conflict remain stalled. Trump further escalated rhetoric on social media, posting an image of himself in a war zone carrying a weapon with the caption, “NO MORE MR. NICE GUY!”
20:36 (IST) Apr 29
Trump may extend Iran blockade to 'months if needed': White House official
US President Donald Trump told oil executives that America could extend its naval blockade of Iran for months more. Participants at a White House meeting, which took place Tuesday and was first reported by Axios, discussed "the steps President Trump has taken to alleviate global oil markets and steps we could take to continue the current blockade for months if needed and minimize impact on American consumers," said the official, speaking on condition of anonymity.
20:26 (IST) Apr 29
Iran FM calls up EAM Jaishankar to discuss Middle East tensions
Iran's foreign minister Seyed Abbas Araghchi called EAM S Jaishankar on Wednesday evening. The two discussed ongoing conflict in the Middle East and agreed to remain in touch.
"Received a phone call from Foreign Minister Seyed Abbas Araghchi of Iran this evening. Had a detailed conversation about various aspects of the current situation. We agreed to remain in close touch," External affairs minister S Jaishankar wrote on X.
"Received a phone call from Foreign Minister Seyed Abbas Araghchi of Iran this evening. Had a detailed conversation about various aspects of the current situation. We agreed to remain in close touch," External affairs minister S Jaishankar wrote on X.
17:04 (IST) Apr 29
Iran war: At least 21 people executed in Iran since start of war, says UN
The UN human rights office has said that at least 21 people have been executed and more than 4,000 have been arrested since the start of the war.
According to the office, nine of those executed were linked to the January protests, 10 were accused of membership in opposition groups, and two were convicted on espionage charges, as cited by Al Jazeera.
UN rights chief Volker Turk said he was “appalled” by the executions and stated that, alongside the impacts of the conflict, “the rights of the Iranian people continue to be stripped from them by the authorities, in harsh and brutal ways.”
16:39 (IST) Apr 29
Iran Israel war: Israeli air attack on southern Lebanon kills two, including Lebanese soldier
The Lebanese army said a soldier and his brother were killed in an Israeli airstrike in Khirbet Selm in the Bint Jbeil district.
In a social media statement, the army said the two siblings were targeted while travelling on a motorcycle from the soldier’s workplace to his home in as-Sawana, as cited by Al Jazeera.
In a social media statement, the army said the two siblings were targeted while travelling on a motorcycle from the soldier’s workplace to his home in as-Sawana, as cited by Al Jazeera.
14:44 (IST) Apr 29
US Iran war: Trump's claims of 'collapse' stem from 'propaganda': Iranian Consul General in Mumbai
Iran’s Consul General in Mumbai, Saeid Reza Mosayeb Motlagh, has rejected claims by Donald Trump that Iran is nearing economic or political collapse, calling such assertions “misperceptions” or “propaganda”. He said there was no credible evidence that Tehran is suffering severe daily financial losses.
Trump, meanwhile, has expressed frustration with Iran’s diplomatic signals, insisting negotiations cannot proceed without directly addressing its nuclear programme. He also claimed Iran sought to reopen the Strait of Hormuz urgently and warned that a nuclear-armed Iran would threaten global security.
Trump, meanwhile, has expressed frustration with Iran’s diplomatic signals, insisting negotiations cannot proceed without directly addressing its nuclear programme. He also claimed Iran sought to reopen the Strait of Hormuz urgently and warned that a nuclear-armed Iran would threaten global security.
14:04 (IST) Apr 29
Iran can’t get their act together. They don’t know how to sign a nonnuclear deal. They better get smart soon!
Trump wrote on Truth Social
14:04 (IST) Apr 29
US Iran war: Oil rises further with Iran war peace talks stalled
Oil prices rose on Monday as efforts to end the Iran conflict stalled and the vital Strait of Hormuz remained closed. The White House indicated that Donald Trump and his team were reviewing Tehran’s proposal to restore shipping, though reports suggested he remained doubtful. Iran’s plan reportedly involves easing restrictions on the waterway in exchange for the United States lifting its blockade, while negotiations continue, including over its nuclear programme. US Secretary of State Marco Rubio described the proposal as improved but insisted any agreement must prevent Iran from developing nuclear weapons. Iran rejected US demands as unreasonable. Prolonged uncertainty has driven oil prices higher, with Brent and WTI both climbing. Despite tensions, Asian markets mostly rose, while investors await major US earnings reports and the Federal Reserve’s policy decision on inflation and interest rates.
12:40 (IST) Apr 29
US Iran war: US embassy congratulates Iraq's PM-designate, says hopes for peaceful future
The United States embassy in Baghdad on Wednesday offered its congratulations to Iraq’s newly appointed prime minister-designate, Ali al-Zaidi, after Washington’s intervention effectively derailed the candidacy of former premier Nouri al-Maliki. In a statement posted on X, the embassy expressed support for Zaidi as he begins the complex process of forming a government capable of meeting Iraqis’ aspirations for stability and prosperity. It also reaffirmed solidarity with the Iraqi people in protecting national sovereignty and strengthening security free from terrorism.
Zaidi’s nomination by President Nizar Amede comes five months after parliamentary elections and follows a prolonged political impasse. He now faces a 30-day deadline to assemble a cabinet amid intense factional bargaining. The breakthrough came after sustained US pressure, including warnings from President Donald Trump to withdraw support should Maliki return to office. Although initially backing Maliki, the Coordination Framework ultimately shifted its support to Zaidi, reflecting Iraq’s ongoing struggle to balance relations between Washington and Tehran.
Zaidi’s nomination by President Nizar Amede comes five months after parliamentary elections and follows a prolonged political impasse. He now faces a 30-day deadline to assemble a cabinet amid intense factional bargaining. The breakthrough came after sustained US pressure, including warnings from President Donald Trump to withdraw support should Maliki return to office. Although initially backing Maliki, the Coordination Framework ultimately shifted its support to Zaidi, reflecting Iraq’s ongoing struggle to balance relations between Washington and Tehran.
11:49 (IST) Apr 29
US Iran war: India calls attacks on commercial ships in Strait of Hormuz as 'deplorable'
Ambassador Yojna Patel, India’s Deputy Permanent Representative to the UN, has condemned attempts to target commercial vessels transiting the Strait of Hormuz, describing such actions as deplorable and a serious threat to global trade. Addressing the UN Security Council, she stressed the strait’s critical importance to India’s energy supplies and economic stability, noting with concern the loss of Indian seafarers’ lives during the ongoing conflict. Patel underscored that international law prohibiting attacks on civilian shipping must be strictly upheld and called for the swift restoration of safe and uninterrupted navigation.
She highlighted the wider implications of tensions in the Middle East, including risks to global security, trade, and food systems, while emphasising India’s strong regional ties and the welfare of nearly 10 million Indians in the Gulf. Reiterating India’s support for dialogue, restraint, and a two-state solution, she also called for accountability for attacks on UN peacekeepers and renewed efforts towards lasting regional peace.
She highlighted the wider implications of tensions in the Middle East, including risks to global security, trade, and food systems, while emphasising India’s strong regional ties and the welfare of nearly 10 million Indians in the Gulf. Reiterating India’s support for dialogue, restraint, and a two-state solution, she also called for accountability for attacks on UN peacekeepers and renewed efforts towards lasting regional peace.
11:47 (IST) Apr 29
US-Iran war news: Pentagon chief to testify on Iran war, peace efforts stall
Pentagon chief Pete Hegseth is set to deliver his first congressional testimony on the Middle East conflict on Wednesday, as diplomatic efforts to end the war falter. Iran has blockaded the Strait of Hormuz for two months, disrupting global energy supplies and unsettling markets. Reports suggest Washington is unconvinced by Tehran’s latest proposal to ease tensions. President Donald Trump claimed Iran had been “militarily defeated”, though Iranian officials insist the conflict is not over and warn of further escalation. Negotiations remain uncertain, with disagreements over nuclear issues and sanctions. Rising oil prices and domestic political pressure add urgency for the United States, while continued violence on the لبنان front underscores the fragility of the situation.
10:28 (IST) Apr 29
US-Iran war news: Tehran labels US ship seizures 'piracy' in formal protest to UN Secretary-General Antonio Guterres
Amid rising tensions at sea, Iran has filed a formal complaint with the United Nations, accusing the United States of “piracy” following the seizure of its vessels. In a letter to Secretary-General António Guterres, Iran’s envoy Amir Saeid Iravani argued that Washington’s actions lack legal basis and undermine international law.
Tehran warned that such interceptions threaten global trade and set a dangerous precedent. At the same time, Iran has reportedly proposed easing tensions in the Strait of Hormuz, offering to halt military activity if hostilities cease and US restrictions are lifted.
Foreign minister Abbas Araghchi has advanced the proposal, with support from Vladimir Putin. While Donald Trump has reviewed the plan, US officials remain cautious about Iran’s intentions.
Tehran warned that such interceptions threaten global trade and set a dangerous precedent. At the same time, Iran has reportedly proposed easing tensions in the Strait of Hormuz, offering to halt military activity if hostilities cease and US restrictions are lifted.
Foreign minister Abbas Araghchi has advanced the proposal, with support from Vladimir Putin. While Donald Trump has reviewed the plan, US officials remain cautious about Iran’s intentions.
09:53 (IST) Apr 29
US Iran war: Trump claims King Charles III aligns with US stance against Iranian nuclear ambitions during White House state dinner
US President Donald Trump prompted diplomatic unease on Tuesday after claiming that King Charles III supports Washington’s opposition to Tehran’s nuclear ambitions. Speaking at a White House state dinner for the visiting monarch, he wove Middle East tensions into his remarks.
The event came amid strained ties, with Trump having criticised Keir Starmer over what he views as insufficient backing in confronting Iran. Referring to the US–Israeli campaign, Trump asserted that Tehran would never obtain nuclear weapons and suggested the King agreed.
Reports, including from CNN, indicate this places the monarch in a difficult position, as constitutional convention requires strict political neutrality. Buckingham Palace is unlikely to comment on what would normally remain private discussions.
The event came amid strained ties, with Trump having criticised Keir Starmer over what he views as insufficient backing in confronting Iran. Referring to the US–Israeli campaign, Trump asserted that Tehran would never obtain nuclear weapons and suggested the King agreed.
Reports, including from CNN, indicate this places the monarch in a difficult position, as constitutional convention requires strict political neutrality. Buckingham Palace is unlikely to comment on what would normally remain private discussions.
09:15 (IST) Apr 29
US Iran War: US Treasury Secretary says Iran oil industry 'creaking' under blockade
US Treasury Secretary Scott Bessent has warned that Kharg Island, Iran’s main oil export hub, is nearing full storage capacity. Writing on social media, he suggested this could force Tehran to cut production, potentially costing up to USD 170 million per day and damaging its energy sector long term.
Bessent said the Treasury is stepping up sanctions under “Operation Fury”, targeting Iran’s shadow banking networks, cryptocurrency access, shipping fleet, weapons procurement, and links to Chinese refineries. He argued these measures aim to choke off billions used for destabilising activities.
Meanwhile, at a White House dinner, Donald Trump claimed Iran had been “militarily defeated” and vowed it would never obtain nuclear weapons, signalling a tougher stance alongside continued blockade planning.
Bessent said the Treasury is stepping up sanctions under “Operation Fury”, targeting Iran’s shadow banking networks, cryptocurrency access, shipping fleet, weapons procurement, and links to Chinese refineries. He argued these measures aim to choke off billions used for destabilising activities.
Meanwhile, at a White House dinner, Donald Trump claimed Iran had been “militarily defeated” and vowed it would never obtain nuclear weapons, signalling a tougher stance alongside continued blockade planning.
08:29 (IST) Apr 29
US-Iran war news: Stocks swing, oil edges up with Iran war peace talks stalled
Asian markets wavered on Wednesday and oil prices remained volatile as efforts to end the Iran conflict stalled, with no progress on reopening the Strait of Hormuz. The White House signalled that Donald Trump was reviewing Tehran’s proposal, though reports suggest he remains doubtful. Iran has outlined a plan to ease restrictions in exchange for lifting US port blockades, but Washington insists any agreement must curb nuclear ambitions. Meanwhile, tensions persist, with both sides trading firm rhetoric.
08:16 (IST) Apr 29
'Do not consider the war over': Iran Army spokesman Amir Akraminia
Iran’s Army has stated that the situation in West Asia “remains a war” despite a ceasefire with the United States, asserting full operational control over the strategically crucial Strait of Hormuz through coordinated military deployment.
Army spokesperson Amir Akraminia, speaking to state broadcaster IRIB, said the conflict is still active from a military perspective, with objectives and equipment continuously updated to maintain readiness. He explained that control of the Strait is shared, with the western sector managed by the Islamic Revolutionary Guard Corps and the eastern sector overseen by the regular army.
Akraminia claimed that adversaries refrained from launching a ground invasion due to Iran’s high level of preparedness and coordination between forces. He added that units had been pre-positioned nationwide in anticipation of escalation.
Army spokesperson Amir Akraminia, speaking to state broadcaster IRIB, said the conflict is still active from a military perspective, with objectives and equipment continuously updated to maintain readiness. He explained that control of the Strait is shared, with the western sector managed by the Islamic Revolutionary Guard Corps and the eastern sector overseen by the regular army.
Akraminia claimed that adversaries refrained from launching a ground invasion due to Iran’s high level of preparedness and coordination between forces. He added that units had been pre-positioned nationwide in anticipation of escalation.
08:00 (IST) Apr 29
Iran war news: Karachi residents store gas in balloons for cooking amid fuel shortage
Residents of Karachi have begun storing gas in plastic balloons as prolonged load-shedding and low pressure continue to disrupt daily life, ARY News reports. The practice has emerged particularly in Orangi Town, including Mominabad, where inconsistent supply has left households with few alternatives.
Specially designed balloons, sold locally for around Rs 1,000 to Rs 1,500, are filled during brief periods when gas becomes available. Once filled, they are disconnected and used later for cooking, serving as an improvised storage solution throughout the day.
Many residents describe this as a last resort amid an escalating crisis that has made routine household tasks increasingly difficult. However, safety experts have warned that the method is extremely dangerous, likening the balloons to “mobile bombs” due to the risk of explosion from heat, friction, or sparks.
Specially designed balloons, sold locally for around Rs 1,000 to Rs 1,500, are filled during brief periods when gas becomes available. Once filled, they are disconnected and used later for cooking, serving as an improvised storage solution throughout the day.
Many residents describe this as a last resort amid an escalating crisis that has made routine household tasks increasingly difficult. However, safety experts have warned that the method is extremely dangerous, likening the balloons to “mobile bombs” due to the risk of explosion from heat, friction, or sparks.
07:28 (IST) Apr 29
Iran war news: Global economic shockwaves deepen as war drags on
The prolonged conflict is sending shockwaves through the global economy, with energy markets bearing the brunt. Oil prices have surged dramatically, with Brent crude climbing well above pre-war levels. This spike is driving up fuel costs worldwide, contributing to inflation and placing pressure on both households and industries.
Major energy firms are reporting significant profit increases, sparking criticism that corporations are benefiting from geopolitical instability. At the same time, sectors heavily reliant on fuel—such as aviation—are struggling. US budget airlines have already sought government assistance to cope with rising costs, warning of potential impacts on ticket prices and competition.
Structural shifts may also be underway. The United Arab Emirates’ decision to exit OPEC signals potential changes in global oil production dynamics, particularly once the conflict subsides. Increased output from key producers could eventually stabilise prices, but that remains contingent on a resolution to the crisis.
Major energy firms are reporting significant profit increases, sparking criticism that corporations are benefiting from geopolitical instability. At the same time, sectors heavily reliant on fuel—such as aviation—are struggling. US budget airlines have already sought government assistance to cope with rising costs, warning of potential impacts on ticket prices and competition.
Structural shifts may also be underway. The United Arab Emirates’ decision to exit OPEC signals potential changes in global oil production dynamics, particularly once the conflict subsides. Increased output from key producers could eventually stabilise prices, but that remains contingent on a resolution to the crisis.
07:27 (IST) Apr 29
US-Iran war news: Regional tensions spill across Lebanon and Gulf states
The wider region continues to feel the impact of the conflict, particularly in Lebanon, where intermittent violence persists despite ceasefire arrangements. Israeli strikes have targeted multiple locations in the south, including incidents involving military patrols and rescue teams. Lebanese officials have condemned these actions, accusing Israel of violating international law and targeting civilian-linked operations.
The situation has further complicated Lebanon’s already fragile stability. The presence of Hezbollah, described by Israeli officials as a major obstacle to sovereignty, remains a central issue. Calls for the Lebanese government to disarm the group have intensified, though implementation remains uncertain.
Across the Gulf, countries have united in criticism of Iran’s actions in the Strait of Hormuz. Leaders from the Gulf Cooperation Council have warned against threats to maritime security and have pushed for deeper regional military coordination, including joint defence systems.
The situation has further complicated Lebanon’s already fragile stability. The presence of Hezbollah, described by Israeli officials as a major obstacle to sovereignty, remains a central issue. Calls for the Lebanese government to disarm the group have intensified, though implementation remains uncertain.
Across the Gulf, countries have united in criticism of Iran’s actions in the Strait of Hormuz. Leaders from the Gulf Cooperation Council have warned against threats to maritime security and have pushed for deeper regional military coordination, including joint defence systems.
07:27 (IST) Apr 29
US Iran War: Strait of Hormuz becomes centre of high-stakes negotiations
The future of the Strait of Hormuz has emerged as the key bargaining chip in efforts to de-escalate the crisis. Iran has offered to reopen the waterway—effectively ending its chokehold on global oil shipments—on the condition that the United States lifts its blockade and halts military operations. However, the proposal notably excludes immediate discussions on Iran’s nuclear programme.
Washington has shown little appetite for such a deal. US officials, including senior diplomats, have indicated that any agreement must include strict limits on Iran’s nuclear ambitions. This fundamental disagreement has stalled progress, leaving negotiations in a fragile state.
The stakes are enormous. Roughly a fifth of the world’s oil supply passes through the strait, making any disruption a global economic concern. The blockade has already driven oil prices sharply higher, fuelling inflationary pressures in multiple economies.
Washington has shown little appetite for such a deal. US officials, including senior diplomats, have indicated that any agreement must include strict limits on Iran’s nuclear ambitions. This fundamental disagreement has stalled progress, leaving negotiations in a fragile state.
The stakes are enormous. Roughly a fifth of the world’s oil supply passes through the strait, making any disruption a global economic concern. The blockade has already driven oil prices sharply higher, fuelling inflationary pressures in multiple economies.
07:27 (IST) Apr 29
Israel Iran war: Iran insists conflict continues despite ceasefire
Despite a formal ceasefire, Iran has made clear it does not view the conflict as over. Military officials say the situation remains active, with forces operating at full readiness across the country. According to Iranian state media, commanders have updated operational plans and target lists, signalling that Tehran is preparing for further confrontation if necessary.
A central focus remains the Strait of Hormuz, one of the world’s most critical oil transit routes. Iranian forces claim to have full operational control of the waterway, with responsibilities divided between the Islamic Revolutionary Guard Corps and the regular army. This control gives Tehran significant leverage over global energy supplies, particularly at a time of heightened geopolitical tension.
Iranian officials have also sought to project strength domestically and internationally. Claims that US or allied forces failed to initiate a ground invasion are being framed as evidence of deterrence success. At the same time, reports of Iranian forces engaging a US aircraft underline how volatile the situation remains.
A central focus remains the Strait of Hormuz, one of the world’s most critical oil transit routes. Iranian forces claim to have full operational control of the waterway, with responsibilities divided between the Islamic Revolutionary Guard Corps and the regular army. This control gives Tehran significant leverage over global energy supplies, particularly at a time of heightened geopolitical tension.
Iranian officials have also sought to project strength domestically and internationally. Claims that US or allied forces failed to initiate a ground invasion are being framed as evidence of deterrence success. At the same time, reports of Iranian forces engaging a US aircraft underline how volatile the situation remains.
07:27 (IST) Apr 29
Iran war news: Trump signals prolonged pressure strategy on Iran
US President Donald Trump has moved to harden Washington’s posture towards Tehran, reportedly asking aides to prepare for an extended blockade strategy. According to reports, the plan reflects a shift from short-term coercion to sustained economic and military pressure, designed to weaken Iran’s ability to project power across the region. The blockade, already affecting key Iranian ports and maritime routes, is now being framed as a long-haul campaign rather than a temporary tactic.
Speaking at a White House state dinner alongside King Charles III, Trump signalled confidence in the broader Middle East strategy, claiming the US had already “militarily defeated” its adversary. He doubled down on Washington’s red line, saying Iran would never be allowed to develop nuclear weapons. The remarks, though lacking direct reference to Tehran by name, were widely understood as a clear message to Iranian leadership.
Speaking at a White House state dinner alongside King Charles III, Trump signalled confidence in the broader Middle East strategy, claiming the US had already “militarily defeated” its adversary. He doubled down on Washington’s red line, saying Iran would never be allowed to develop nuclear weapons. The remarks, though lacking direct reference to Tehran by name, were widely understood as a clear message to Iranian leadership.
Tensions between the United States and Iran continue to simmer despite a fragile ceasefire, as both sides remain entrenched in a broader strategic standoff involving energy security, military positioning and nuclear policy. Two months after the outbreak of conflict, hopes for a sustained de-escalation appear limited. While direct hostilities have paused, neither Washington nor Tehran has shown significant willingness to compromise on core issues, leaving diplomacy in a state of uncertainty.
A central flashpoint remains the Strait of Hormuz, a crucial global energy corridor through which a significant share of the world’s oil and gas supplies pass. Iran’s effective blockade of the waterway has disrupted global markets, driving crude prices above $110 per barrel and raising concerns about inflation and economic slowdown worldwide. In response, Tehran has floated a proposal — reportedly conveyed through Pakistan — suggesting it could ease restrictions on the strait if the United States lifts its own blockade on Iranian ports. However, officials in the Trump administration have questioned both the credibility of the offer and whether Iranian negotiators have the authority to commit to such terms.
Diplomatic efforts are further complicated by continued military activity and regional instability. Israel has maintained operations against Hezbollah in southern Lebanon, while Iran has signalled it does not consider the conflict fully resolved. Regional actors such as Qatar have warned that the situation risks becoming a prolonged “frozen conflict,” marked by periodic escalations.
Meanwhile, divisions among Western allies and shifting dynamics in the Gulf have added complexity to the crisis. With global markets reacting sharply and geopolitical risks rising, the standoff underscores the challenges of achieving a lasting resolution in an increasingly volatile region.
A central flashpoint remains the Strait of Hormuz, a crucial global energy corridor through which a significant share of the world’s oil and gas supplies pass. Iran’s effective blockade of the waterway has disrupted global markets, driving crude prices above $110 per barrel and raising concerns about inflation and economic slowdown worldwide. In response, Tehran has floated a proposal — reportedly conveyed through Pakistan — suggesting it could ease restrictions on the strait if the United States lifts its own blockade on Iranian ports. However, officials in the Trump administration have questioned both the credibility of the offer and whether Iranian negotiators have the authority to commit to such terms.
Diplomatic efforts are further complicated by continued military activity and regional instability. Israel has maintained operations against Hezbollah in southern Lebanon, while Iran has signalled it does not consider the conflict fully resolved. Regional actors such as Qatar have warned that the situation risks becoming a prolonged “frozen conflict,” marked by periodic escalations.
Meanwhile, divisions among Western allies and shifting dynamics in the Gulf have added complexity to the crisis. With global markets reacting sharply and geopolitical risks rising, the standoff underscores the challenges of achieving a lasting resolution in an increasingly volatile region.
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