Economy
Oil sinks to three-month low as IEA warns stocks at 35-year low
Oil prices fell below $80 per barrel as markets grew increasingly confident that the effective closure of the Strait of Hormuz is coming to an end. This comes as strategic oil reserves in advanced economies have fallen to their lowest level since 1990, according to the IEA.
Iran
Iran coach calls team World Cup's 'most oppressed' after US exit order
Amir Ghalenoei said his side was ordered to fly back to Tijuana hours after Monday's 2-2 draw with New Zealand, while captain Mehdi Taremi called it "a disaster for us," adding that the team's "goal and wish is to pursue peace and happiness".
Iran
Ships start to trickle through Hormuz, but question of control lingers
Trump said the strait would be "completely open" by Friday, but key details over who will manage the crucial waterway remain unresolved. Meanwhile, Iran has made further claims that it will control Hormuz in the future based on its interpretation of the framework deal with the US.
World News
US allies propose to lead demining mission of Strait of Hormuz
Trump appeared hesitant to accept the European proposal, stressing that the strategic waterway will become open and safe thanks to his tentative deal to end the war with Iran, but remained open to the idea of some naval presence to ensure water safety for commercial passage.
Iran
Trump says US-Iran peace deal 'complete,' to be signed on Friday
Tehran has since confirmed that the "text of the memorandum of understanding" has been agreed on and is to be signed in Switzerland, opening the door to 60-day negotiations "following verification of US commitments," including the lifting of the US blockade.
Europe Today
'It's up to host countries': Commission sports chief on World Cup bans
Reacting to concerns over US travel restrictions affecting World Cup participants, the EU Commissioner for sport told Euronews' flagship morning show Europe Today that it is for the host countries to decide "who has access", while stressing that "football should be accessible to everyone."
USA
Trump says 'I love the inflation,' claims US taking millions of barrels of Iranian oil
President Donald Trump welcomed new inflation data showing prices rising 4.2%, saying the numbers were "great." He argued higher energy costs linked to the Iran conflict were temporary and claimed US forces were moving millions of barrels of oil through the Strait of Hormuz.
The Iran war refers to the ongoing military confrontation involving Iran, Israel and the United States, with fighting and tensions spreading across the region — stay up to date on the latest developments as the situation unfolds