Pentagon Increases Iran War Cost Estimate to $29 billion
The Pentagon put the cost of the war in Iran at roughly $29 billion, during testimony by Defense Secretary Pete Hegseth at hearings on the Pentagon’s $1. 5 trillion budget request. Mr.
Source: New York Times Iran ▾
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NATO, Please Help. Trump Has No Strategy for Iran.
NATO should overcome its distaste for President Trump and sends its navies to help open up the Strait of Hormuz.
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Earthquake Shakes Tehran, Where Nerves Are Already Strained by Iran War
Iranian media said a moderate quake had shaken the capital around midnight local time.
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U.S. Intelligence Shows Iran Retains Substantial Missile Capabilities
Secret new assessments say Iran has operational access to 30 of its 33 missile sites along the Strait of Hormuz, suggesting that its military remains far stronger than President Trump has asserted.
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U.S. Might Restart Strikes on Iran, Trump and Hegseth Warn
With talks at an impasse, both sides are holding to positions their opponents call unacceptable, while the economic pain caused by the Strait of Hormuz blockade continues to grow.
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Kuwait Accuses Iran of Trying to Infiltrate Its Territory
Kuwait’s interior ministry said a group of armed Iranians arrived at Bubiyan Island in the Persian Gulf on May 1 aboard a rented fishing boat and exchanged fire with Kuwaiti soldiers.
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How Iran’s Internet Blackout Is Crippling Its Economy, and the Fight Over Fruit-Flavored Vapes
Plus, how everything became a subscription.
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Trump Previews Issues He Plans to Raise With Xi
President Trump said he expected to speak to the Chinese leader, Xi Jinping, about a range of issues at a summit in Beijing, from the war in Iran to Jimmy Lai, an imprisoned Hong Kong media mogul.
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Justice Dept. Subpoenas Wall Street Journal in Leak Investigation
Critics raised concerns over press freedom after The Journal disclosed receiving subpoenas related to an article on deliberations on the risks of military action in Iran.
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Trump Calls Iran’s Counterproposal a ‘Piece of Garbage’
President Trump told reporters the Iran cease-fire was “on life support” on Monday after he rejected Iran’s counterproposal for a peace deal this weekend.
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The Iran War’s Alarming Ripple Effects
The downstream effects of the Iran war are only beginning. On “The Opinions,” David Wallace-Wells explains how disruptions tied to fertilizer, condoms and other global goods could contribute to famine, disease and rising costs worldwide.
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Nations Brace for Long-Term Economic Woes as Trump Calls Iran Truce Plan ‘Garbage’
President Trump said the fragile cease-fire was on “life support,” and India’s leader urged residents to cut back on purchases and travel.
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How the U.S. Is Trying to Ensure the Dollar’s Dominance During Economic Turmoil
As the government has been devising plans to keep the dollar dominant, China has been making its own moves to increase global influence of the renminbi.
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Jailed Iranian Nobel Peace Prize Winner Is Transferred to Tehran Hospital
Narges Mohammadi, a prominent human rights activist who has spent much of her adult life in and out of prison, will undergo treatment in Tehran after collapsing earlier this month, a foundation run by her family said.
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Trump Rejects Iran’s Offer, and 17 Passengers Exposed to Hantavirus Return to U.S.
Plus, how pharma swag became “one of the white whales of thrifting.
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Oil Prices Rise as Prospects for U.S.-Iran Peace Deal Fizzle
Oil prices rose and stock futures ticked down as investors reacted after the two sides failed to agree on a U. S. -Iran peace deal.
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Trump and Netanyahu Say Iran War Is Not Over
The Trump administration said last week that the war had run its course, but the U. S. president and Israel’s prime minister in interviews on Sunday did not rule out renewed combat.
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Oil Prices Rise as Prospects for U.S.-Iran Peace Deal Fizzle
Oil prices rose and stock futures ticked down on Sunday as investors reacted to the apparent failure of the latest proposal for a U. S. -Iran peace deal.
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Lebanese Mourn Eight Members of One Family Killed in Israeli Strike
Israel has escalated attacks on Lebanon since Thursday, further unraveling a truce in its war with Hezbollah. Among those killed on Saturday was a 6-month-old infant, relatives said.
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Iran Responds to Latest U.S. Plan to End War
The two countries have been discussing a 30-day extension to the cease-fire and a reopening of the Strait of Hormuz.