Deputy PM explores deeper cooperation with US financing, development institutions
Hussein Eissa, Deputy Prime Minister for Economic Affairs, has participated in a joint Egyptian-American working session hosted by Motaz Zahran, Egypt’s Ambassador to the United States. The meeting brought together Mohamed Farid Saleh, Minister of Investment and Foreign Trade; Samar
Two Indian-flagged tankers fired upon in Strait of Hormuz as Iran asserts control over waterway
Two Indian-flagged vessels carrying crude oil came under gunfire in the Strait of Hormuz on Saturday as Iran declared it would control traffic through the vital waterway in retaliation for an ongoing US naval blockade. Following the attack, the Indian
Prospects for renewed Iran-US talks emerge amid rising fears of wider regional fallout
Prospects for a new round of talks between Iran and the United States are gaining traction, with Islamabad and Geneva under consideration as potential venues, even as international warnings intensify over the conflict’s broader regional and global economic impact. Iran’s
Trump threatens to destroy Iranian vessels as US naval blockade takes effect
US President Donald Trump said any small Iranian attack boats approaching a US-enforced naval blockade would be “eliminated immediately,” escalating tensions as Washington’s restrictions on Iranian ports came into force following failed talks in Islamabad. The US military said its
US Vice President Vance, Iranian Speaker Ghalibaf lead delegations to Islamabad peace talks
High-level delegations from the United States and Iran arrived in Islamabad on Saturday to begin talks aimed at ending the conflict between the two sides, following the announcement of a two-week ceasefire. The US delegation, led by Vice President J.D.
Fragile US-Iran ceasefire tested by early violations as Islamabad talks loom
A ceasefire between the United States and Iran has taken effect with broad international support, but early violations and continued hostilities are already casting doubt on its durability ahead of talks scheduled in Islamabad. Egyptian President Abdel Fattah Al-Sisi hailed
Trump proposes $1.5trn military budget for 2027 with massive agency cuts
US President Donald Trump’s administration on Friday proposed a $1.5trn military budget for the 2027 fiscal year, a 44% increase over 2026 levels, alongside sweeping cuts to government agencies and a drive to eliminate “woke” policies. The budget proposal serves
Iran rehabilitates missile sites within hours of strikes, US intelligence says
US intelligence reports indicate that Iran is rehabilitating missile bunkers and silos within hours of being targeted by American and Israeli strikes, according to the New York Times, casting doubt on military assessments regarding the destruction of Tehran’s missile capabilities.
Japan, France agree to coordinate on reopening Strait of Hormuz as Trump says US will have ‘no role’
Japan and France agreed on Wednesday to coordinate closely on efforts to end the war in Iran and reopen the Strait of Hormuz to oil and gas tankers, as US President Donald Trump said Washington would play no role in
Brent crude eyes 60% March surge as Trump considers ending military campaign
Global oil prices are on track to record their strongest monthly gain ever as US President Donald Trump indicated he is considering an exit from the war in Iran, even as hostilities continued to disrupt supplies in the Arabian Gulf.