Tag: Donald Trump

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Oil prices fall as Trump pauses Hormuz naval escort

Oil prices slipped on Wednesday after President Donald Trump said the United States would temporarily pause its naval escort operations in the Strait of Hormuz, raising expectations of a possible breakthrough in talks with Iran. Brent crude futures for July delivery fell 1.21 per cent to $108.54 per barrel, while West Texas Intermediate dropped 1.76 […]

Trump returns to X, uploads mugshot
Travel

Trump’s photo to appear in US limited edition passports

An image of Donald Trump will soon appear in some United States passports, officials said Tuesday, shattering another norm as the president aggressively puts his personal stamp on government institutions. There are few precedents anywhere in the world, let alone in a democracy, of displaying sitting leaders’ pictures in passports, and Trump would be the […]

News

Trump cancels Iran peace talks in Pakistan

United States President Donald Trump announced he had cancelled his envoys’ planned trip to Pakistan for peace talks with Iran on Saturday, but said that did not mean an immediate resumption of the US-Israeli war against the Islamic republic. Shortly before the announcement, Iranian Foreign Minister Abbas Araghchi wrapped up his own diplomatic visit to […]

News

Trump extends Iran ceasefire amid ongoing diplomatic negotiations

United States President Donald Trump has announced an extension of the ceasefire with Iran beyond its initial two-week timeline, stating that the truce will remain in place until negotiations are concluded and a formal proposal is submitted by the Iranian government. Trump disclosed this in a post on Truth Social on Tuesday, explaining that the […]

Business

Trump unveils strict ‘all-or-nothing’ Hormuz blockade after Iran talks fail

United States President Donald Trump announced what he described as an “all-or-nothing” U.S. blockade of the Strait of Hormuz in a Sunday Morning Futures interview, saying the move is aimed at cutting off Iran’s oil revenues and insisting that no country, ally or adversary, would be allowed to bypass the restrictions. “We’re not going to […]

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Trump announces two-week ceasefire with Iran after Pakistan’s intervention

United States President Donald J. Trump has announced a proposed two-week ceasefire with Iran following diplomatic interventions. In a formal statement, Trump detailed the decision based on direct conversations with Pakistani leaders who urged him to halt planned military action. Trump stated: “Based on conversations with Prime Minister Shehbaz Sharif and Field Marshal Asim Munir, […]

News

Trump yet to sign 45-day Iran ceasefire deal — White House

The White House on Monday confirmed there was a deal under consideration for a 45-day ceasefire with Iran, but that President Donald Trump had “not signed off” on the proposal and is continuing the war. AFP reported that United States media have reported that a proposal by mediators for a 45-day ceasefire in the Middle […]

Finance

Trump seeks $1.5trn 2027 defence budget amid Iran war

The White House sent a spending proposal to lawmakers Friday calling for a massive $1.5 trillion United States defense budget next year as it faces increased costs due to the war in Iran. The total year-on-year increase in Pentagon spending would be the largest since World War II, US media reported, although presidential budgets are […]

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Trump threatens to seize Iran’s oil fields amid tensions

United States President Donald Trump has said the US could move to seize Iran’s oil resources, including the key export terminal at Kharg Island, as tensions between the US, Iran and Israel continue to escalate. In an interview with the Financial Times on Sunday, Trump compared the possible move to Washington’s stance in Venezuela, where […]