Iran
Lawmakers question defense secretary on rising iran war costs
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Defense Secretary Pete Hegseth faced questions from lawmakers on Tuesday about the escalating costs of the U.S. war against Iran. Pentagon officials put the current price tag at $29 billion. The figure has risen from $25 billion two weeks earlier.
Pennsylvania Senator John Fetterman criticized fellow Democrats for hypocrisy on foreign policy during a podcast interview this week. He accused the party of prioritizing criticism of Israel over concerns about Iran.
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Iran has hardened its negotiating position with the United States by demanding five conditions described as minimum guarantees for trust. The move comes amid mounting concerns over oil supplies and shipping security in the Strait of Hormuz.
One month after initial reports of plummeting bookings amid the 2026 Middle East War, French travelers continue delaying summer vacations—even domestic trips—due to the Iran conflict since February 28. Industry leaders report adaptations like destination swaps amid rising fares and cancellation fears.
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Global stocks reached record highs after President Trump indicated progress in Iran negotiations. The news eased geopolitical tensions, boosting technology shares in South Korea. Brent crude oil prices fell amid the positive market sentiment.
US President Donald Trump has falsely accused the governments of Spain and Italy of believing it is acceptable for Iran to have a nuclear weapon. The remarks respond to both countries' criticisms of US and Israeli bombings in Iran. Trump threatened to withdraw troops from Germany and questioned doing the same with Spain and Italy.
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French Foreign Minister Jean-Noël Barrot toured the Gulf on April 30 and May 1, 2026. He visited Saudi Arabia, Oman, and the United Arab Emirates, with the Qatar stop cancelled. France aims to leverage the Gulf monarchies' rift with Washington to strengthen its positions.
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