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As Speculation Swirls About the Emerging Iran Deal, Here’s What We Know
A “memorandum of understanding” between the two sides is under discussion. Both sides are keen to frame it as a victory.
© Mohammed Zaatari/Associated Press
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Despite Talk of an Iran Peace Deal, Lebanon’s War Grinds On
Israeli strikes on Friday left Lebanon out of sync with a cautious optimism taking hold elsewhere in the Middle East.
Residents survey damage following an Israeli airstrike in the southern port city of Tyre on Friday.
Risk Strait of Hormuz or Wait? Shipping Companies Face a Costly Dilemma.
With more than 500 ships still stranded in the Persian Gulf, pressure on the shipowners and sailors is growing by the day.
Supplies of fresh food and water have been running low for the roughly 11,000 sailors stuck on hundreds of ships anchored in the Persian Gulf.
© Reuters
A Dangerous Limbo Leaves Iran, and the World, Between Peace and War
Since announcing a nominal cease-fire two months ago, Iran, Israel and the U.S. have remained locked in low-intensity violence that has become a new normal.
In Tehran on Monday, a billboard featuring the Iran theocracy’s first two supreme leaders loomed over passers-by.
© Arash Khamooshi/Polaris for The New York Times
The World Is Draining Oil Reserves, Raising Pressure for a Peace Deal
The amount of oil and fuel stored by businesses and governments has fallen sharply since the start of the U.S.-Israeli war against Iran.
© The New York Times
Oil Falls, Stocks Rise as Trump Signals Iran Peace Deal Takes Shape
Oil prices retreated and stocks rallied after President Trump called off plans for another day of strikes on Iran, saying that a peace deal could be within reach.
© Eli Hartman/Reuters
Whipsawed Between Fear and Relief, Iranians Hope for War’s End
In addition to concerns about their safety in the event of another all-out war, many Iranians worry about the country’s economy further collapsing if the conflict remains in limbo.
Tehran on Monday.
© Arash Khamooshi/Polaris for The New York Times
Iran’s Attacks on Gulf States Underscore Targeted Countries’ Dependence on U.S.
The targeted countries host sprawling American military bases and thousands of personnel at a time when the United States is waging war against Iran.
A mural in Tehran, seen on Monday.
© Arash Khamooshi/Polaris for The New York Times
Trump and Hegseth Broadcast U.S. Military Strikes Before They Happen
Commanders do not usually speak publicly about future operations to avoid jeopardizing the mission’s success.
President Trump said he was telegraphing the American strikes to pressure Iran to reach a deal to open the Strait of Hormuz.
© Doug Mills/The New York Times
U.S. Strikes on Ships Off Oman Continue After Deaths of Indian Sailors
Oman’s military has rescued dozens more Indian seafarers from the stricken ships, which the U.S. military said violated its blockade.
Vessels anchored in the Strait of Hormuz as seen from Musandam, Oman.
© Reuters
World Bank Warns Iran War Is Slowing Global Growth
The world economy is weakening as energy prices fuel a new bout of inflation.
An explosion after U.S.-Israeli airstrikes hit oil storage depots in Tehran. The war has tangled supply chains and caused oil, gas and fertilizer prices to gyrate for months.
© Arash Khamooshi/Polaris for The New York Times
Oil Prices Drop as Trump Reverses Threat to Strike Iran
Oil prices jumped after the United States and Iran exchanged fire for a second day, heightening fears that the two countries could slide back into open conflict.
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Analysis of Satellite Image and Videos Suggest Precision U.S. Strikes on Iranian Water Facility
It is unclear if the U.S. intentionally struck the facility or knew what it was. Deliberately targeting civilian infrastructure could constitute a war crime.
FIFA President Tells World Cup Critics to ‘Chill’ About Concerns
With the World Cup facing growing crises, Gianni Infantino, the FIFA president, struck a defiant tone on the eve of the competition’s start.
FIFA is trying its best, Gianni Infantino said during a news conference on Wednesday, but “we don’t control everything.”
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Trump’s ‘Secret Mission’ to Ferry Oil Past Iran Was Widely Disclosed
A U.S. military official said the president’s seemingly dramatic announcement on Wednesday referred to a previously reported effort to shepherd commercial vessels through the Strait of Hormuz.
Vessels in the Strait of Hormuz, seen from Oman on Wednesday.
© Reuters
Trump Shrugs Off High Prices Amid Iran War and Says ‘I Love the Inflation’
As inflation outpaces workers’ wages, the Trump administration insists that its agenda is working.
Speaking at a bill signing on Wednesday, President Trump predicted that inflation would recede quickly, once the Iran conflict concludes.“ It’s going to come down like a rock.”
© Doug Mills/The New York Times
Latest Inflation Data Shows Airline Ticket Prices Up 27% From Last Year
Airfares shot up 27 percent from a year earlier in the latest inflation data.
Airlines flagged concerns about rising fuel prices in their most recent earnings reports in April.
© Jamie Kelter Davis for The New York Times
Inflation Keeps Prospects of a Fed Rate Cut Low
The Consumer Price Index is one of the last major data releases ahead Kevin M. Warsh’s first meeting as chair of the Federal Reserve.
The Federal Reserve building in Washington. The central bank is expected to hold rates steady for the foreseeable future.
© Anna Rose Layden for The New York Times
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In the Strait of Hormuz.
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Stocks Sink and Oil Wavers After Wave of Strikes Across Middle East
The attacks, which strained a two-month cease-fire between Iran and the United States, were the latest jolt to energy markets.
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