Tehran launches a toll system for vessels in the Strait of Hormuz as part of ceasefire negotiations with Washington and Jerusalem, with initial revenues already reaching central bank accounts.
Iraq announced exports of 10 million barrels of oil through the Strait of Hormuz in April, a steep drop from 93 million barrels monthly before the conflict closed the vital waterway.
Leaders of all six ruling parties moved to dissolve the 25th Knesset on May 13, setting September polls as disputes over permanent military exemptions for ultra-Orthodox yeshiva students threaten the government.
Kentucky Republican targets pro-Israel group with legislation requiring disclosure of foreign influence as primary spending hits record levels.
Air India suspends Delhi-Chicago, Mumbai-New York and Delhi-Shanghai services from June to August 2026 due to record jet fuel costs and airspace closures.
Wizz Air restarts all Tel Aviv routes on May 28 while Lufthansa Group carriers follow with phased returns from June through July after EU regulators eased safety warnings.
Swiss officials evaluate long-range air-defense options from Germany, France, Israel and South Korea due to further delays and cost increases for Patriot systems ordered in 2022.
Beijing froze assets and banned all Chinese business with twenty American contractors and ten executives in direct response to weapons sales supporting the island.
Beijing's foreign ministry spokesperson restated the country's firm position against American weapons transfers to Taiwan ahead of the anticipated Trump-Xi summit in the Chinese capital this week.
The US president confirmed he will raise a pending $14 billion weapons package to Taiwan during his two-day Beijing summit also covering trade and the Iran conflict.
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