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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.

© Mohammed Zaatari/Associated Press

Residents survey damage following an Israeli airstrike in the southern port city of Tyre on Friday.
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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.

© Reuters

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.
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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.

© Arash Khamooshi/Polaris for The New York Times

In Tehran on Monday, a billboard featuring the Iran theocracy’s first two supreme leaders loomed over passers-by.
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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

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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.

© Arash Khamooshi/Polaris for The New York Times

A mural in Tehran, seen on Monday.
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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.

© Doug Mills/The New York Times

President Trump said he was telegraphing the American strikes to pressure Iran to reach a deal to open the Strait of Hormuz.
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World Bank Warns Iran War Is Slowing Global Growth

The world economy is weakening as energy prices fuel a new bout of inflation.

© Arash Khamooshi/Polaris for The New York Times

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.
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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.

© Carl Recine/Getty Images

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.

© Reuters

Vessels in the Strait of Hormuz, seen from Oman on Wednesday.
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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.

© Doug Mills/The New York Times

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.”
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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.

© Jamie Kelter Davis for The New York Times

Airlines flagged concerns about rising fuel prices in their most recent earnings reports in April.
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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.

© Anna Rose Layden for The New York Times

The Federal Reserve building in Washington. The central bank is expected to hold rates steady for the foreseeable future.
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