Oil prices climb above 126 dollars per barrel as Iran continues to enforce shipping restrictions in the Strait of Hormuz affecting the United States and its allies.

President Donald Trump will sign a permit authorizing a new cross-border pipeline, an aide confirms.

President Donald Trump is set to sign a permit authorizing the construction of a cross-border pipeline, according to an aide.

Iranian President Pezeshkian and Speaker Ghalibaf are reportedly seeking the ouster of Foreign Minister Abbas Araghchi, citing concerns over his alignment with the Islamic Revolutionary Guard Corps.

Iranian President Masoud Pezeshkian and Parliament Speaker Mohammad Bagher Ghalibaf are reportedly seeking the removal of Foreign Minister Abbas Araghchi, citing concerns over his perceived subservience to the Islamic Revolutionary Guard Corps.

Iran's president labels a US naval blockade an extension of military operations. The statement marks a formal diplomatic objection to ongoing maritime activities in the region.

The President of Iran has characterized a US naval blockade as an extension of military operations.

Iran Supreme Leader Mojtaba Khamenei says the country will continue to develop its nuclear and ballistic missile programs, rejecting pressure from U.S. President Donald Trump to halt the activities.

Supreme Leader Mojtaba Khamenei stated that Iran will continue to develop its nuclear and ballistic missile capabilities, rejecting pressure from U.S. President Donald Trump to halt these programs.