Middle East news

09:4628 Sept

Oil Prices Surge as Trump Rejects Iranian Truce Proposal

Brent crude climbed above $106 a barrel after US President Donald Trump rejected Tehran's offer to reopen the Strait of Hormuz.

19:4527 Sept

The deputy chair of Turkey's ruling party has resigned from office following allegations regarding share trading.

20:1525 Sept

US equity indexes gained while crude oil prices tumbled following a conditional proposal by Iran to reopen the Strait of Hormuz.

13:1525 Sept

Maritime tracking data indicates traffic through the Strait of Hormuz has fallen to just nine vessels.

12:1524 Sept

Crude oil prices rose by nearly 3% following a lack of progress in truce talks between the United States and Iran.

21:4522 Sept

Iran may reopen the Strait of Hormuz within seven days as Donald Trump says the US is progressing toward a deal, sending oil prices lower.

15:0022 Sept

Tehran has signaled readiness to reopen the strategic waterway if the US eases pressure, according to reports in the Guardian and financial media.

11:0022 Sept

Washington warns global entities against servicing Iranian planes, as Turkey and Iraq suspend flights.

15:0021 Sept

An oil tanker was struck by a projectile while sailing in the Strait of Hormuz, leaving two people injured, according to news reports.