The US House restricts presidential war powers on Iran in a bipartisan vote, reflecting growing congressional resistance and potential impacts on global stability.
US President Trump insists on strict conditions, including Iran's nuclear non-proliferation, before agreeing to any deal, with Tehran maintaining cautious ongoing communications.
China signals renewed interest in U.S. oil and soybeans, potentially easing trade tensions and impacting global commodity markets and geopolitical relations.
The UAE has secretly conducted military strikes against Iran, marking a strategic shift amid rising Gulf tensions that impact regional stability and global economic interests.
Global oil inventories fell by a record 200 million barrels in April amid Middle East conflicts, pushing reserves to an eight-year low and signaling potential price hikes.
Iran’s missile and drone attacks on the UAE challenge the US-Iran ceasefire, raising risks for regional stability and global energy security.