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Palestine

Iran and Oman could legally charge for Hormuz passage against US wishes

bnm Gulf bureau May 29, 2026

A Yemeni journalist argues Iran and Oman could legally charge navigation service fees for Strait of Hormuz passage under UN maritime law, a prospect he says has angered Washington.

Iran cleric says missile strike on US base shifted regional power balance

bnm Gulf bureau May 29, 2026

Iran's interim Friday prayer leader said an IRGC strike on a US base shifted the regional balance of power, citing the Pentagon's account of the ceasefire holding despite the exchange.

Global oil inventories falling at record pace, critical storage threshold about to be breached - IEA

Ben Aris in Berlin May 29, 2026

Global oil inventories are declining at a record rate as the market absorbs a major Middle East supply disruption, raising the risk of sharp price increases if the Strait of Hormuz remains closed, according to the International Energy Agency.

Trump's Abraham Accords gambit appears doomed to fail, given Iran's regional strength

IntelliNews Tel Aviv bureau May 26, 2026

With Iran making itself a heavily relied upon partner to regional allies, US President Donald Trump's bid to bring Pakistan, Saudi Arabia, Qatar, and Turkey into the Abraham Accords with Israel appears destined to fail.

US and Iran near nuclear deal, US officials say agreement 95% done

Ben Aris in Berlin May 25, 2026

The United States and Iran are within reach of a landmark nuclear agreement, with negotiators reporting that a framework deal is 95% complete, according to officials cited by Fox News on May 24.

Iran says no deal without frozen asset release as nuclear commitments denied

bnm Gulf bureau May 24, 2026

Details of a potential US-Iran deal are emerging, with a 60-day ceasefire extension and Strait of Hormuz reopening among the reported terms, as Trump says the agreement is largely negotiated.

Iran says it shot down Israeli Orbiter surveillance drone over Hormozgan

bnm Gulf bureau May 24, 2026

Iran's south-east air defence region says it has shot down an Israeli Orbiter reconnaissance drone over Hormozgan province, with the wreckage recovered by the Hormozgan coast guard.

US and Iran near 60-day ceasefire extension with gradual Hormuz reopening

bnm Gulf bureau May 23, 2026

US and Iran are close to agreeing a 60-day ceasefire extension including gradual reopening of the Strait of Hormuz, Financial Times reports, as Pakistan's army chief leaves Tehran after productive talks.

Iran's favourite kebab becomes a luxury as war drives prices through the roof

bnm Gulf bureau May 22, 2026

A single chicken kebab skewer now costs IRR10mn in Tehran restaurants as Iran's food inflation crisis deepens, with chicken prices up 191% in the past year amid war and economic collapse.

Iran disconnected from Internet for 80 days with no plans to return online

bnm Gulf bureau May 22, 2026

Iran has no plans to restore general public internet access, with restrictions continuing on security grounds, a senior member of parliament's cultural commission has said.

Russia oil and gas revenues up 40% in May on Iran war pressures

Ben Aris in Berlin May 20, 2026

Russia’s oil and gas revenues are expected to jump 39% year on year in May to about RUB700bn ($9.8bn), buoyed by higher global crude prices driven by the conflict involving Iran, according to Reuters calculations published on May 20.

COMMENT: Did Trump ruin the Abraham Accords?

bnm Gulf bureau bnm Gulf bureau May 19, 2026

Trump has seemingly ruined his much hyped Abraham Accords after backing Israel's war on Iran. Now what?

Iran's Ghalibaf handed China portfolio in signal of deepening Beijing tilt

bnm Gulf bureau May 17, 2026

Iran has placed parliament speaker Mohammad Bagher Ghalibaf in charge of relations with China, in a move described as a step to deepen ties with Tehran's most important strategic partner, academic Mohammad Marandi has said.

Drone strike sparks fire at UAE's Barakah nuclear plant as IAEA voices concern

bnm Gulf bureau May 17, 2026

A drone strike has sparked a fire on the perimeter of the UAE's Barakah nuclear power plant, prompting the IAEA to express "grave concern", though authorities said radiation levels remain normal and operations were unaffected.

COMMENT: The Oslo playbook returns to the Middle East

bnm Gulf bureau May 15, 2026

Norway has become the only NATO country still talking to Tehran. It is doing so for reasons that are partly diplomatic, partly mercantile, and with echos of the original Oslo accord of the 1990s.

Iran's digital economy loses up to IRR7 quadrillion in 70 days of internet disruption

bnm Gulf bureau May 15, 2026

Iran's digital economy has suffered losses of between IRR3 quadrillion and IRR7 quadrillion ($1.66bn to $3.88bn) over roughly 70 days of internet disruption.

Saudi Arabia floats non-aggression pact with Iran modelled on Helsinki accords

bnm Gulf bureau May 15, 2026

Saudi Arabia is discussing with allies a non-aggression pact between Middle Eastern states and Iran, modelled on the 1975 Helsinki Final Act.

Iran defends seizure of US tankers as legal under international law

bnm Gulf bureau May 14, 2026

Iran's judiciary has defended the seizure of American oil tankers in Iranian waters as legitimate under domestic law and the 1982 UN Convention on the Law of the Sea, judiciary spokesman Asghar Jahangir said on May 14.

Iraqi hackers claim cyber attacks on US tech giants eBay and Spotify

bnm Gulf bureau May 13, 2026

A pro-Iran hacking group calling itself Team 313 has claimed responsibility for cyber attacks on eBay and Spotify, causing millions in losses.

Iran claims anti-radiation missiles blinded US destroyers in Hormuz during Operation Project Freedom clash

Ben Aris in Berlin May 11, 2026

Claim and counter claim are flying between Washington and Tehran about what happened during the 48 hours that Operation Project Freedom was in effect. Iranian state media claims it used a sophisticated anti-radar missile to blind three US warships.

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