Iran, Defense, Markets & Diplomacy Coverage
1081 articles · page 26 of 37
Draft MoU Details Leak as Tehran Says Decision 'Under Consideration'
An Iranian official told Reuters the draft US memorandum covers Hormuz reopening, asset release, and a 60-day follow-up window. Tehran says the decision is still under review.
The US Navy Posture in the Gulf Is the Geneva Deal's Operational Tell
A Sunday Geneva signing will be read in Tehran through the nightly US Navy escort cadence in the Strait of Hormuz. What visible posture changes — or their absence — will tell us before the ceremony.
What Tehran Has to Do Saturday for a Sunday Geneva Signing
A Sunday Geneva signing requires a specific set of Tehran statements over the next 24 hours. Who has to speak, who has to stay silent, and what each signal means.
What a Geneva Slip This Weekend Costs the Oil Trade
A weekend slip on the Geneva memorandum would force traders to reprice tanker insurance, Brent calendar spreads, and the assumption that a ceasefire glide path is durable.
Nuclear Files Pushed to Post-Accord Phase, US Official Tells Reporters
A US official says nuclear and sanctions issues will be addressed after an initial US-Iran accord, a sequencing shift from Tehran's Thursday line and the central interpretive gap in the deal.
Islamabad, Not Geneva, Will Decide the Iran Deal's Substance
The Geneva signing locks a political framework. The mechanics that determine whether the US-Iran deal holds — Hormuz protocol, asset release, verification — go to Islamabad.
Geneva MOU: Five-Country Choreography Behind the Iran Deal
Switzerland hosts, the UAE pays, Pakistan brokers, the U.S. and Iran sign. A look at how the Geneva framework distributes risk among five governments.
Vance to Travel to Geneva to Sign US-Iran MoU, WSJ Reports
US Vice President JD Vance is expected to travel to Geneva to sign a memorandum of understanding with Iran, with sanctions relief conditioned on nuclear steps, WSJ reports.
UAE Paid Iran $3B–$10B to Halt Gulf Strikes, Reuters Reports
Abu Dhabi secretly paid Tehran billions to stop attacks on Emirati infrastructure even as it lobbied Washington to keep striking Iran, Reuters reports.
Trump Told Netanyahu to End Iran Conflict, Axios Reports
Axios says the US president told Israel's prime minister last week to stand down as Tehran talks advanced, with a senior US official now strongly confident in a deal.
GAO: F-35 Mission-Capable Rate Falls to 25% as Poland Doubles Order
The GAO says only one in four F-35s was fully mission capable in fiscal 2025, even as Poland announces plans to double its order to 64 jets. Readiness and procurement are pulling in opposite directions.
Pakistan Says US and Iran Agreed Deal Text; Signals Conflict
Pakistan's foreign ministry says the final text of a US-Iran peace deal has been agreed, but Trump and Tehran are trading contradictory public statements on terms and timing.
Iran Confirms MoU Includes Frozen-Funds Mechanism as Switzerland Offers to Host
Tehran's foreign minister says the proposed US-Iran agreement covers frozen funds and an 'all fronts' war end including Lebanon. Pakistan claims a final text is set; the UAE will release billions; Switzerland offers to host the signing.
Trump Rejects Leaked Iran Terms as Tehran Asserts Hormuz Dominance
President Trump called the leaked draft memorandum "dishonorable" and "totally false" as Iran's army chief claimed Hormuz dominance and Vance ruled out cash. Oil fell anyway.
Pentagon Eyes Big NATO Force Cut as Europe Scrambles for Backfill
Pentagon is preparing significant reductions to US jets and warships dedicated to NATO operations in Europe, per a New York Times report cited by Defense News, as the Iran cycle absorbs attention and assets.
Hormuz Control Emerges as Friction Point in Draft Iran Deal
Tehran says no final decision has been made on a draft memorandum with Washington, and Iran's state media signals it will not cede control of the Strait of Hormuz. Israel says it was not consulted.
Brent Crude Slides 4% as Trump Cancels Iran Strikes
Brent fell more than 4% in European trade Friday after President Trump cancelled planned strikes on Iran and said a settlement was near. Goldman Sachs cut its 2027 forecast as the war-risk premium unwound.
US and Iran Said to Prepare Direct Talks During Ceasefire
Washington and Tehran are reportedly preparing direct negotiations during the announced ceasefire, even as Iran publicly insists no final deal has been reached.
Iran Walks Back Deal as Hormuz Incidents Continue
Hours after Trump declared a 'great settlement' and called off Iran strikes, Tehran said no final decision had been made and Hormuz incidents continued.
Trump Cancels Iran Strikes, Claims Deal Could Be Signed in Europe
Trump said he has cancelled planned US strikes on Iran and claimed a settlement could be signed in Europe this weekend, though Tehran has not publicly confirmed any agreement.
Trump Vows US Will Seize Iran's Kharg Island Oil Terminal
President Trump told reporters the United States will take Kharg Island, the offshore terminal that handles roughly 90% of Iran's crude exports, sharply escalating the standoff.
Trump warns of second strike, eyes Iran oil sector
Trump says U.S. forces will strike Iran again Thursday night and signaled interest in seizing control of Iran's oil sector, escalating a crisis already pulling tankers into Hormuz crossfire.
Talks Survive as U.S. and Iran Trade Strikes
Backchannel nuclear talks between Washington and Tehran remain active even as both sides exchange fire overnight, CNN reports. The diplomatic track is the under-reported development.
Markets price de-escalation as Hormuz closes and strikes resume
Oil traders are net short. Gold is in a bear market. The trade says the Iran cycle ends with a deal. Here is what the positioning shows — and what would break it.
Iran Declares Hormuz Closed, Says It Has Struck Ships in Strait
Tehran announced the formal closure of the Strait of Hormuz to all shipping and claimed strikes on vessels in the waterway, hours after a second US strike package hit Iranian facilities.
US Strikes on Iran Restart as Hegseth Vows Hits on Key Facilities
The Pentagon said US forces are carrying out strikes against Iran as Defense Secretary Pete Hegseth promised a 'strong' and 'clear' response, not 'a one-off.'
Gulf Splits: Saudi Condemns Iran Strikes as Qatar Mediates in Tehran
Gulf states publicly fractured today over the Iran strike cycle, with Riyadh issuing a sharp condemnation while a Qatari delegation arrived in Tehran for talks.
IAEA Board Demands Iran Declare Uranium Stocks; Tehran Rejects Vote
The IAEA Board of Governors passed a US-backed resolution ordering Iran to account for its uranium stockpile. Tehran called the move counter-productive within hours.
Oil Jumps as Hormuz Spillover Widens to Kuwait and an Oman Tanker Fire
Crude futures jumped overnight as the US-Iran cycle widened beyond Hormuz, with Kuwait drawn in, an Oman tanker on fire, and Kazakh and Chinese buyers scrambling for physical barrels.
Iran Retaliates: IRGC Strikes US Bases in Bahrain and Jordan
Iran's Revolutionary Guard launched drones and missiles at the US Fifth Fleet in Bahrain and a base in Jordan overnight, retaliating for US strikes near the Strait of Hormuz.