Iran's national currency collapsed to a new record low of over 2.5 million rials per US dollar amid escalating military conflict and a US naval blockade.

President Donald Trump told Fox News that the United States would win the war with Iran very soon and that fresh strikes could come before mid-terms.

Iran has offered to reopen the Strait of Hormuz in exchange for frozen assets, though President Trump rejected the proposal as oil prices surged.

The US Treasury has threatened Iran with a comprehensive port blockade and severe economic isolation following the rejection of a seven-day diplomatic roadmap for the Strait of Hormuz.

US Energy Secretary Chris Wright announced that oil shipments through the Strait of Hormuz are averaging nearly 13 million barrels per day despite regional conflict.

Tehran is awaiting official word from intermediaries after US President Donald Trump dismissed its phased roadmap for reopening the Strait of Hormuz.

US President Donald Trump pressed Chinese President Xi Jinping to end support for Tehran during a Washington meeting. Meanwhile, Iran proposed a seven-day plan to reopen the Strait of Hormuz.

Iranian Foreign Minister Abbas Araghchi announced a seven-day roadmap to reopen the Strait of Hormuz, contingent on US concessions and a ceasefire.

President Donald Trump warned Chinese President Xi Jinping that any direct or indirect Chinese support for Iran is unacceptable during Washington talks.

Iran has pitched a new seven-day roadmap aimed at ending conflict with the United States, reopening the Strait of Hormuz, and restarting talks.

Indian equity markets faced a sharp sell-off as crude oil prices climbed to $91 a barrel following renewed Middle East conflicts and U.S.-Iran tensions.

Iran's parliamentary leadership has advanced a strict legislative package to penalize maritime vessels breaching Strait of Hormuz transit regulations.

Brent crude fell below $100 a barrel following Saudi pipeline repairs and potential Iranian diplomatic overtures, but currency markets showed a split reaction.

Crude oil benchmarks fell to their lowest level in over a week as traders priced in diplomatic hopes despite ongoing Middle East tensions.

Iran has threatened the US with continuous military retaliation as President Trump weighs hostile options against Tehran amid faltering diplomatic talks.

President Donald Trump abruptly returned to the White House from Camp David as escalating regional tensions and energy market impacts unfold.

Tehran has communicated formal conditions to Washington through Qatari and Pakistani mediators, prompting a swift rejection from US leadership amid regional tensions.

Iran has mobilized 313,000 volunteer fighters in Tehran amid escalating conflict with the United States, severe economic strain, and internal dissent.

Gas prices across North America have shattered seasonal records, maintaining historic highs above $4 a gallon amid ongoing geopolitical supply disruptions and refinery bottlenecks.

Planned diplomatic talks between Gulf states and Iran in Oman were called off after Houthi forces launched missile and drone strikes on Saudi Arabia.