Iran has handed over its latest proposal for negotiations with the United States to mediators in Pakistan, Iran’s state-run IRNA news agency reported Friday.
A trade group representing smaller U.S. airlines is asking the government for billions of dollars to help offset surging fuel prices.
Gas prices have jumped to their highest level since August of 2022.
Gas prices started the week by continuing their upward trajectory.
Iran has offered to end its chokehold on the Strait of Hormuz if the U.S. lifts its blockade on the country and ends the war in a proposal that would postpone discussions on the Islamic Republic’s nuclear program, two regional officials said Monday.
Lebanon and Israel were set to begin a second session of direct talks at the White House on Thursday to discuss the possibility of extending a truce between Israel and the Hezbollah militant group and plans for future negotiations between the two neighbors with a long history of hostile relations.
President Donald Trump said Thursday he has ordered the U.S. military to “shoot and kill” small Iranian boats that deploy mines to choke traffic through the Strait of Hormuz.
Iran fired on three ships in the Strait of Hormuz and seized two of them on Wednesday, intensifying its assault on shipping in the key waterway a day after U.S. President Donald Trump extended a ceasefire while maintaining an American blockade of Iranian ports.
The U.S. stock market is rallying toward another record Wednesday after GE Vernova, Boston Scientific and other big companies joined the list of those reporting fatter profits for the start of the year than analysts expected.
The United States and Iran have signaled they will hold a new round of ceasefire talks in Pakistan, two regional officials said Tuesday, as leaders on both sides warned they were prepared for more fighting if a fragile two-week truce expires without a deal.
