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According to an Iranian official who spoke with Reuters, Iran focused its new truce proposal to the U.S. on ending the war and allowing shipping in the Strait of Hormuz. Trump later told the New York Post that he was not open to concessions and that Tehran 'knows what will happen soon'

Iran’s top security body announced on Monday the formation of a new body to manage the Strait of Hormuz, which Tehran has effectively closed and wants to charge ships to traverse. On its official X account, the Supreme National Security Council shared a post for the Persian Gulf Strait Authority (PGSA) saying it would provide “real-time updates on the #Hormuz_Strait operations and latest developments”. The account of the Revolutionary Guards’ navy shared the same post. It was not immediately clear what the new body would do but earlier this month Iranian English-speaking broadcaster Press TV said it constituted a “system to exercise sovereignty over the Strait of Hormuz” and that ships passing through the strait were sent “regulations” from the email info@pgsa.ir. Iran has largely blocked shipping through the vital strait since the outbreak of war with the United States and Israel on February 28. A fragile ceasefire has been in place since April 8. Iran’s grip over the waterway has rattled global markets and ...

Institutional investors pulled capital from Bitcoin and Ether products as Iran tension and rising inflation rattled markets, while XRP and Solana funds continued to attract fresh inflows. Cryptocurrency investment products posted heavy outflows last week as investors reduced risk amid inflation fears and uncertainty over a lasting ceasefire between the United States and Iran. According to CoinShares’ latest weekly report, digital asset exchange-traded products (ETPs) recorded $1.07 billion in net outflows, ending a six-week streak of inflows. It marked the third-largest weekly outflow this year. Bitcoin (BTC) investment products accounted for the bulk of the withdrawals, with $982 million in outflows. Ether (ETH) products lost $249 million, their largest outflow since the week ending Jan. 30. Read more

Bitcoin analysis says BTC price could revisit the $65,000 demand area after fresh US-Iran war tensions soured the crypto market mood. Bitcoin (BTC) dropped to $76,000 during the early Asian trading hours on Monday as US-Iran tensions resurfaced.  Key takeaways Data from TradingView showed BTC price dropped as much as 7% over the last three days to three-week lows of $76,500, erasing all the gains made since May 1.  Read more

Bitcoin and ether sank after the U.S. president told Iran the “clock is ticking,” sending oil higher and triggering broad crypto liquidations.

The second base near the Iran border was possibly discovered by a Bedouin shepherd in March, a few days after the start of the joint U.S.-Israeli operation against Tehran, The New York Times reported

Donald Trump a lansat o nouă ameniţare, avertizând că riscă „să nu mai rămână nimic” din Iran dacă nu ajunge rapid la un acord cu Statele Unite.

Cuba has acquired more than 300 military strike drones from Russia and Iran and is reportedly discussing the possibility of using them in attacks against U.S. targets, including the American base at Guantanamo Bay Naval Base, U.S. warships, and potentially an airbase in Key West.

WASHINGTON: The United States is entering a period of structurally higher industrial natural gas demand, with consumption expected to remain at record levels through at least 2027, even as the Iran war intensifies disruptions across global oil markets and tightens energy supplies worldwide. According to the latest Short-Term Energy Outlook (STEO) from the US Energy Information Administration (EIA), industrial natural gas consumption in the United States averaged a record 23.6 billion cubic feet per day (bcfd) in 2025, exceeding the previous high of 23.4bcfd recorded in 2023. The projections suggest that rising industrial demand is no longer merely cyclical, but increasingly tied to deeper structural shifts in manufacturing, energy trade flows and global supply-chain realignment. The EIA expects industrial gas consumption to rise by another 1.2 per cent, or 0.3bcfd, in 2026, followed by an additional 1.7pc increase, or 0.4bcfd, in 2027. At the centre of the trend is sustained expansion in energy-intensive manu...

Soaring diesel prices since the onset of the Iran war are draining already tight US school district budgets, making it more expensive to bus students and run generators in a shock officials say they will not be able to afford for long. School districts from Yakima, Washington to Waco, Texas are tapping emergency funding reserves to keep buses running. In remote Alaska, officials are scrambling to secure enough fuel to keep the lights on, according to Reuters interviews. “It’s more than a straw on the camel’s back, it’s like a haystack,” said Yakima Superintendent Trevor Greene. The stress reflects one of many knock-on impacts of the US-Israeli war on Iran, which has disrupted the flow of around a fifth of the world’s oil supplies. Since the war started in late February, fuel prices have posted one of their most rapid climbs on record. The spike has upended economies around the globe. It has caused enough pain in the US to be a political liability for President Donald Trump ahead of November mid-term elections...

Law firm Gerstein Harrow LLP is attempting to claim frozen cryptocurrency funds for claimants of unrelated judgments stretching back decades. Law firm Gerstein Harrow LLP filed a new motion on Thursday in a miscellaneous enforcement lawsuit, asking the court to compel stablecoin company Tether to hand over more than $344 million in frozen USDt linked to Iranian entities. The motion claims that the plaintiffs are owed more than $532 million in compensatory damages and more than $1.8 billion in punitive damages from acts of “terrorism committed or sponsored by Iran,” stretching back more than 25 years.  The latest filing is part of a broader lawsuit against North Korea (DPRK) and Iran, attempting to claim and redistribute digital assets as compensation for victims of various and unrelated judgments tied to state-sponsored violence, drawing criticism from the crypto community. Read more

Trump claimed Iran said it lacks the technology and equipment to remove its nuclear infrastructure. He also disputed reports on Iran's missile capacity, saying 80 percent of Tehran's firepower has been destroyed

The latest conflict involving Iran has produced an unexpected proving ground for financial infrastructure, and an unlikely winner has emerged, argues Huang.

Araghchi argued that neither U.S. bases nor an alliance with Israel provided the UAE with security and that it should reconsider its policy toward Iran, According to the reports

U.S.-Iran cease-fire talks have focused on the Strait of Hormuz rather than Iran's weapons supply and proxy militias: key concerns for neighboring countries that fear an increased Iranian military threat after U.S. presence in the region scales back, the Financial Times reports

Adm. Brad Cooper said the U.S. had severely degraded Iran’s warfighting capacity, including the elimination of roughly 90% of its inventory of naval mines.

Iran’s Foreign Minister Abbas Araghchi accused the United Arab Emirates (UAE) of direct involvement in military operations against his country during a Brics meeting in New Delhi on Thursday, Iranian state media reported. The spat comes a day after the UAE denied a statement by Israeli Prime Minister Benjamin Netanyahu that he visited the Gulf country during the Iran war, to which Araghchi already reacted by saying that “those colluding with Israel to sow division will be held to account”. “I didn’t name the UAE in my [Brics] statement for the sake of unity. But the truth is that the UAE was directly involved in the aggression against my country. When the attacks started, they didn’t even issue a condemnation,” state media quoted Araghchi as saying on Thursday, in response to comments made by the Emirati representative. Iranian state media did not specify what the Emirati representative said. According to the reports, Araghchi argued that neither US bases nor an alliance with Israel provided the UAE with secu...

Trump said China's president would 'like to see a deal made' between the U.S. and Iran as Beijing promised it would not provide Iran with military equipment, even though it would like to continue purchasing Iranian oil

Ship reported seized off UAE, steered towards Iran

Arkham’s new map links OFAC‑sanctioned Tron wallets to Iran’s central bank, putting Tehran’s alleged onchain reserves and counterparties in full public view. Blockchain analytics platform Arkham has published what it says is a public, onchain map of crypto wallets attributed to Iran’s central bank, making a pair of US-sanctioned Tron addresses publicly searchable for investigators and the wider public. The move could increase scrutiny of how Iranian-linked entities use stablecoins and blockchain networks to move funds outside traditional banking rails, as US authorities intensify sanctions enforcement tied to terrorism financing and oil revenues. Arkham’s May 11 research post groups the wallets into a Central Bank of Iran entity page and explorer, which the firm says can be used as a starting point to trace connected addresses and flows. Read more