
US proposes $10B fund with Arab allies to bypass Strait of Hormuz
The U.S. initiative could reshape regional energy dynamics, reduce Iran's strategic leverage, and foster collaborative infrastructure investment.

The U.S. initiative could reshape regional energy dynamics, reduce Iran's strategic leverage, and foster collaborative infrastructure investment.

A potential US-Iran settlement could reshape diplomatic relations and influence geopolitical dynamics in the Middle East region.
Reading between the lines — and despite a shocking aside about ‘annihilating’ Iran — it seems like Trump might be feeling a little tired and a little scared, writes Holly Baxter

Richard Gowan, program director at the International Crisis Group, weighs in on President Donald Trump's speech where he defended his launching of the war with Iran.

Delegates from both nations walked out on the president’s address at the 81st session of the U.N. General Assembly.
Reza Valizadeh, a U.S.-Iranian dual citizen and former journalist for U.S.-funded broadcaster Radio Farda, has been imprisoned in Iran since September 2024.
The Defense Department’s disclosed total stands at 19 fatalities, though U.S. officials say the actual number is higher.

President chided Kaitlan Collins for asking him question at UN after White House ban on CNN, MS Now and Politico Donald Trump has scolded a CNN anchor for covering him at the United Nations in New York after banning the network and two other media outlets from the White House. Kaitlan Collins asked the US president on Tuesday when the Iran war would end, citing a poll that claims two-thirds of Americans don’t think the US is winning. Continue reading...

US President Donald Trump launched a full-throated defence of the deeply unpopular US-Israeli war against Iran before the UN General Assembly on Tuesday, claiming that Washington would reach a deal with Tehran after the upcoming US midterm elections. Trump also rejected the idea of global regulation of artificial intelligence, said the government of Cuba would soon "fall", and urged member countries of the International Criminal Court to "resign".

From the pandemic to the war in Iran, the bond market has been on quite a ride to the 5% benchmark.

US president threatens to ‘annihilate’ Tehran and dismisses threat from AI as a ‘hoax’ in bellicose address The US president, Donald Trump, has called on world nations to unite to isolate Tehran and bring down global energy prices as he gave a bellicose defence of his administration’s foreign policy and decision to strike Iran. “I call on all nations to help to enforce the complete economic isolation of Iran,” Trump said during a headline speech to the UN general assembly on Tuesday. “If we stand united, we will soon see a world free of the last 51-year menace of Iranian terror … and oil prices will come plummeting down even lower than they were at the start of the conflict.” Continue reading...

Federal prosecutors are investigating Binance over possible Iran sanctions violations.

Bitcoin Magazine Feds Probing Binance Over Iran’s Bitcoin Use: Report Feds are trying to work out whether Binance violated US sanctions on Iran. This post Feds Probing Binance Over Iran’s Bitcoin Use: Report first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
The US president also rejected what he called a “globalist scheme” to regulate AI – which Australia has joined – and said the US will officially change the name to “super intelligence”.

Iran's actions in the Strait of Hormuz could escalate regional tensions, impacting global oil markets and international maritime policies.

US President Donald Trump told the United Nations General Assembly on Tuesday that he would have to decide whether to “annihilate” Iran if Tehran fails to reach a deal to end the war in the Middle East. He added that he believed an agreement was possible after the US midterm elections in November.

US president also threatened to use further military force against America’s neighbours

US President Donald Trump called Tuesday for all nations that are part of the International Criminal Court to quit the body, calling it "out of control." He also used the speech to argue that the war with Iran prevented Tehran from obtaining a nuclear weapon and warn that he could "annihilate the Islamic Republic" if no deal is reached to end the conflict. Watch his speech in full above.
Saudi pipeline flows resume, but soaring freight and diesel prices signal persistent oil market tightness. Oil Freight Costs Explode as Gulf Risk Traps the VLCC Fleet - The ultimate showdown of the US-Iran conflict seems to be unfolding in the freight market as costs of VLCC tankers continue to push higher into uncharted territory, with stranded Gulf vessels triggering a worldwide shortage of long-haul ships. - For shippers eager to risk a voyage into the Persian Gulf, reward was never sweeter – daily earnings on a Gulf-to-China route soared…

Trump's ultimatum at the UN risks escalating military conflict, potentially destabilizing global oil markets and international relations.