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USA

Trump: I called off attack on Iran planned for Tuesday

The US president said he had been asked to do so by the leaders of Qatar, Saudi Arabia and the United Arab Emirates as "serious negotiations are now taking place."

United Arab Emirates

UAE still investigating mystery nuclear plant drone attack

The enigma surrounding Sunday’s unprecedented drone attack on the Barakah nuclear plant deepened on Monday as the UAE said the drone came from its western border, but it did not accuse Iran.

Iran

Iran sets up Hormuz transit authority to charge ships for passage

Tehran has launched a formal body to manage and charge ships for transit through the Strait of Hormuz in a highly-contested move as tankers pile up in the waterway and peace talks remain deadlocked.

Azerbaijan

Iran calls for reconstruction support at World Urban Forum in Baku

Iran's deputy housing minister used the World Urban Forum in Baku to call for international support to rebuild 150,000 homes damaged in the war.

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Earth News

Heat pumps and EVs can save EU households over €2,200 a year - report

Electrification is the “most powerful tool” to protect Europeans from fossil fuel energy shocks, according to a new analysis.

Iran

Iran has responded to latest US peace proposal, Tehran official says

On Sunday, Iran's Fars news agency said Washington had presented a five-point list, which included a demand for Iran to keep only one nuclear site in operation and transfer its stockpile of highly enriched uranium to the US.

United Arab Emirates

Drone strike hits UAE nuclear plant perimeter, fire reported

A drone strike sparked a fire near the UAE’s Barakah nuclear plant, officials say, with no injuries or radiation leak reported as regional tensions around the Iran ceasefire escalate.

Iran

Iran eyes fees on Hormuz internet cables as new lever against the West

IRGC-linked media have called on Tehran to impose fees on submarine cables through the Strait of Hormuz and monitor global data traffic, citing claimed sovereignty over the waterway.

Iran

Ship taken near UAE coast headed for Iranian waters, UK agency says

A ship has been taken near the UAE coast and is headed for Iranian waters, the UK's UKMTO said, in the latest vessel seizure around the Strait of Hormuz.

United Arab Emirates

UAE denies Netanyahu office's claim of secret wartime visit

The UAE denied Netanyahu's office's claim of a secret wartime visit, as Tehran threatened those "colluding with Israel".

Business

How much did electricity and gas prices go up due to the Iran war?

Household gas prices rose across EU capitals between early February and early April, reflecting the impact of Middle East tensions. However, electricity prices fell on average, highlighting diverging trends in Europe’s energy markets.

Economy

Two-thirds of Europe's LNG imports to come from the US this year

Europe is expected to source almost two-thirds of its liquefied natural gas imports from the US in 2026, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).

Economy

Oil stocks drain at record pace as IEA warns of renewed price swings

The International Energy Agency says the oil market is likely to remain in deficit until the final quarter of the year, as disruptions at the Strait of Hormuz continue to constrain supply, increasing the risk of renewed price volatility.

Economy

Iran's economy is being tested by war, blockades and soaring inflation

Inflation has hit 54% and the rial has lost more than half its value, but Tehran insists it can hold out

China

Trump arrives in Beijing for high-stakes summit with Xi

This week's trip, the first since Trump visited Beijing in 2017, will involve highly anticipated talks with Xi on Thursday and Friday.

Earth News

Heat pump sales soar across Europe. Which nation is leading the race?

More than 28 million heat pumps have been installed across Europe, outselling traditional gas boilers in many nations.

USA

US war in Iran has cost $29 billion so far, Pentagon says

Defence Secretary Pete Hegseth came under intense questioning by Democratic and Republican lawmakers over the cost of war, Trump's end game and diminishing weapons stockpiles.

Economy

Iran war pushes US inflation to 3.8% as petrol prices surge

US consumer prices rose 3.8% in April as the Iran war drove petrol costs up 28% in a year, with real wages falling for the first time in three years, according to government data.

Iran

Iran threatens 90% uranium enrichment as peace talks falter

Tehran threatened to enrich uranium to weapons-grade if attacked again, as Trump said the ceasefire had a "one percent chance" of surviving after rejecting Tehran's proposal.

China

A weakened Trump to test China's appetite for deal-making in Beijing

A quagmire in Iran, sky-high oil prices and shrinking support at home: when US President Donald Trump belatedly travels to China this week, his position has weakened. Still, he is hoping for any deal. Nervous Europeans are watching.