US-Iran ceasefire reaches 60-day deadline as tensions rise, with Trump weighing new strikes and Strait of Hormuz remaining shut, impacting global oil markets.
Iran War Live: UN To Assess Iranian Attacks On Middle East Telecoms The United Nations' telecoms agency decided on Friday to condemn, monitor and report on the impact of Iranian attacks on telecommunications infrastructure in four targeted countries in the Middle East. Since the war in the region began on February 28 with a barrage of US and Israeli strikes on Iran, Tehran has retaliated, attacking infrastructure across the Gulf. The six countries of the Gulf Cooperation Council, plus Jordan, demanded action at the UN's International Telecommunications Union agency.
Trump Tells US Congress Hostilities In Iran "Have Terminated" President Donald Trump told top US lawmakers on Friday that hostilities in Iran had ended, after coming under pressure from Congress to seek authorization for the conflict as it headed into its third month.
WASHINGTON/ISLAMABAD/CAIRO, - U.S. President Donald Trump said on Friday he was not satisfied with the latest Iranian proposal for talks on the Iran war, while Iran's foreign minister said Tehran was ready for diplomacy if the United States changes its approach. Trump's comments came after Iranian state media and a Pakistani official said Iran had submitted its latest proposal for negotiations, raising some hope that a deadlock in efforts to end the war might be broken. "They want to make a deal, but ... I'm not satisfied with it," Trump told reporters as he left the White House on a trip to Florida, adding that the Iranian leadership was "very disjointed" and split into two or three groups. Trump praised Pakistan's mediation efforts, saying negotiations by phone were continuing. "They've made strides, but I'm not sure if they ever get there," Trump said. "They're asking for things that I can't agree to." Global oil prices, which remain well above $100 a barrel, had eased following news of the Iranian proposal. Iran's Foreign Minister Abbas Araqchi said his country was ready to pursue diplomacy if the United States changes what he called its "excessive approach, threatening rhetoric and provocative actions." However, Araqchi added in a post on his Telegram channel that "Iran's armed forces remained ready to defend the country against any threat."
SLAMABAD/WASHINGTON/DUBAI - Tehran has submitted its latest proposal for negotiations with the United States, Iranian state media and a Pakistani official said on Friday, a move that could offer hope for breaking a deadlock in efforts to end the Iran war. The official, involved in Pakistani mediation over the war, said Pakistan had received the proposal late on Thursday and had forwarded it to the U.S. Neither the official nor Iranian state news agency IRNA gave details, and the White House declined to comment, while saying negotiations continued. Global oil prices, which remain well above $100 a barrel, eased following news of the proposal. [BY REUTERS]
Trump Said 'Not Satisfied' With the New Iran Proposal He told the reporters outside the White House that he is 'not satisfied' with new Iran proposal.
US Imposes New Iran Sanctions, Warns Against Paying Hormuz Tolls The United States imposed new sanctions Friday on three Iranian foreign currency exchange firms, in an effort to target Tehran's "financial lifelines" in the Middle East war. The US Treasury Department warned in a separate statement against paying a "toll" to Iran's government in exchange for safe passage through the Strait of Hormuz, saying this could trigger sanctions. Tehran has virtually blocked the Strait of Hormuz, a key waterway for energy transit, since US-Israeli strikes on Iran from late February. (AFP)
##Israel Sent UAE Laser Weapon Called 'Iron Beam' That Can Vapourise Iranian Drones Tel Aviv sent a version of its Iron Beam laser defence system to the UAE, which vaporises short-range rockets and drones. It was first used by Israel against Hezbollah projectiles from Lebanon.
## UAE Warns on Hormuz as Oil Hits $111 Amid Stalemate ** UAE warns Iran cannot be trusted over Hormuz as US-Iran ceasefire stalls; oil crosses $111 and war deadline pressure grows amid rising strike fears. **Washington/Dubai:** The US-Iran ceasefire faces a deepening crisis as the United Arab Emirates warned on May 1, 2026, that Iran cannot be trusted over the Strait of Hormuz while oil prices crossed $111 per barrel. Sources said US military planners are preparing strike options as President Donald Trump reviews next steps under the War Powers deadline. The impasse raises the risk of renewed conflict and prolonged disruption of global energy supplies. ## What Happened A senior UAE official publicly questioned Iran’s credibility over managing the Strait of Hormuz, highlighting growing mistrust as diplomatic efforts to end the conflict remain stalled. The critical oil route continues to face disruption due to overlapping US and Iranian blockades. ## Ground Reality / Unique Detail Officials tracking Gulf maritime activity said commercial shipping traffic remains significantly reduced, with insurers raising premiums sharply, reflecting fears of sudden escalation despite the ongoing ceasefire. ## Key Details • UAE adviser Anwar Gargash warned against trusting Iran’s unilateral Hormuz arrangements • Around **20% of global oil supply** remains disrupted due to the blockade • Brent crude rose above **$111 per barrel**, touching **$126 earlier this week** • Iran has activated air defence systems amid fears of US strikes • US faces **War Powers Act deadline** to justify continued military posture ## Why It Matters The Strait of Hormuz is a lifeline for global energy markets. Continued disruption is driving up fuel prices worldwide and increasing the risk of an economic slowdown, particularly in energy-dependent economies. ## Latest Update Iran has warned of “long and painful” retaliation if attacked, while the US is considering options including renewed strikes or extending the blockade. Meanwhile, diplomatic talks mediated by Pakistan remain stalled, and global markets continue to react nervously to the uncertainty. [BY REUTERS]