Commentary: With its new leverage over the Strait of Hormuz, does Iran want – or need – a nuclear weapon?

But is Iran likely to go down that path? Why would it want to do this? According to nuclear deterrence theory, governments choose to pursue nuclear weapons primarily to deter nuclear or conventional attacks from their adversaries. In this sense, nuclear …

Iran lied about negotiations with US, Strait of Hormuz to open 'very soon', Trump says

US President Donald Trump said that Iran had been asking him for talks and then lying publicly about ongoing negotiations in an interview on Wednesday morning.Trump revealed that the United States had been prepared to launch what he described as a massive …

Funeral for family killed in US strike on Iran’s Qeshm Island

NewsFeedA funeral was held for the victims of last week’s US strike on Iran’s Qeshm Island, where a couple and their two-year-old child were killed. Iran’s chief negotiator and parliamentary speaker, Mohammad Bagher Ghalibaf, vowed the US would “pay the …

US, Iran, Oman edge closer to deal that could temporarily reopen Strait of Hormuz - report

The US, Iran, and Oman are close to an interim deal that would reopen the Strait of Hormuz, Axios reported early Wednesday morning, citing two regional sources and a US official.According to the sources, Washington is aiming for the agreement to be …

U.S. Job Openings Slip To 7.4 Million, But Labor Market Remains Resilient In Face Of Iran War

LOADINGERROR LOADING WASHINGTON (AP) — U.S. job openings fell slightly in June, but the labor market continued to show resilience in the face of an economic shock from fighting in Iran and the closure of the Strait of Hormuz. The Labor Department said that …

Iran says talks with Oman over Hormuz progressing

Negotiations between Oman and Iran over future control over the Strait of Hormuz are making significant progress, Iran’s foreign ministry announced on Tuesday, as Washington touts an incoming deal to reopen the waterway. Foreign ministry spokesperson …

Big oil companies post banner profits as fighting in Iran drives prices higher

Big oil companies are booking massive profits as fighting in Iran disrupts energy markets and sends oil and gasoline prices sharply higher. Six of Europe’s largest oil companies posted combined first-quarter profits of $22 billion, more than 40% higher …

Trump should stop negotiating and win against Iran

OPINION: The American way of war from the Revolutionary War to World War II was straightforward. We did not fight to negotiate; we fought to win. Americans traditionally support winners. There will be those who disagree about how to fight a war, but few …

S&P 500, Dow hit record highs on strong AI-linked earnings and hopes for an Iran war deal

The S&P 500 and the Dow hit record highs on ​Tuesday after strong forecasts from Caterpillar and Palantir reassured investors about AI-driven demand, while hopes for an imminent deal to end ‌the Middle East conflict sent crude prices lower. Palantir …

Iran likely behind cyberattacks on U.S. water systems, sources say