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The Philippine military reportedly massacred 19 people in April, triggering outrage and drawing comparisons with the regime of former president Rodrigo Duterte. Known as the Toboso killings, it resulted in the death of 10 members of the Northern Negros Front of the New People's Army (NPA NNF) and nine presumed civilians. The incident has raised questions about the human rights situation in the country, which activists claim has not changed even after Duterte left. They claim that those killed included activists, journalists, students, and US citizens. Those killed include Poet and journalist &nbsp;RJ Ledesma, University of the Philippines students Alyssa Alano and Maureen Santuyo, and Errol Wende, along with Lyle Prijoles, a County Council member of the International Coalition for Human Rights in the Philippines (ICHRP), and American activist Kai Dana-Rene Sorem.<h2>Duterte's war on &nbsp;drugs&nbsp;</h2>Duterte waged a violent war on drugs during his tenure as president between 2016 and 2022. Thousands of families lost their loved ones to the government's actions, in the name of wiping out drug trafficking in the country. However, critics say that most of those who were killed by the Duterte regime were his critics and not drug traffickers. The current Philippine president, Ferdinand Marcos Jr., promised to reverse the aggressive tactics while tackling the drug menace and aimed at drug rehabilitation. However, experts say that things have barely changed in the country.<h2>Critics say violence hasn't abated under Marcos</h2>Carlos Conde, a senior researcher at Human Rights Watch, told the European Parliament’s Subcommittee on Human Rights in September 2023, "While the new [Marcos] administration has been less confrontational and more diplomatic than the previous one,” he said, “that does not mean that the human rights situation in the country has improved." He claimed that Marco failed to demilitarise the drug war, and the killings continue under the administration, with the police having “wide authority … to conduct anti-drug raids.”&nbsp;Questions are being raised about the United States' inaction against the Philippines, as it aims to increase its military presence in the Pacific to counter China. An analysis by Stockholm International Peace Research Institute states that the US has transferred Black Hawk transport helicopters, air-to-air missiles, C-130 transport planes, training aircraft, anti-tank missiles, and anti-submarine sonar in the last 10 years. Critics say these arms were most likely used in the April massacre.

Nineteen people were killed in the Philippines in April in a conflict between the 79th Infantry Battalion of the Philippine Army and the Northern Negros Front of the New People's Army, including activists and students. The incident has triggered debate on the state of things after Duterte.

The Philippine military reportedly massacred 19 people in April, triggering outrage and drawing comparisons with the regime of former president Rodrigo Duterte. Known as the Toboso killings, it resulted in the death of 10 members of the Northern Negros Front of the New People's Army (NPA NNF) and nine presumed civilians. The incident has raised questions about the human rights situation in the country, which activists claim has not changed even after Duterte left. They claim that those killed included activists, journalists, students, and US citizens. Those killed include Poet and journalist RJ Ledesma, University of the Philippines students Alyssa Alano and Maureen Santuyo, and Errol Wende, along with Lyle Prijoles, a County Council member of the International Coalition for Human Rights in the Philippines (ICHRP), and American activist Kai Dana-Rene Sorem. Duterte's war on drugs Duterte waged a violent war on drugs during his tenure as president between 2016 and 2022. Thousands of families lost their loved ones to the government's actions, in the name of wiping out drug trafficking in the country. However, critics say that most of those who were killed by the Duterte regime were his critics and not drug traffickers. The current Philippine president, Ferdinand Marcos Jr., promised to reverse the aggressive tactics while tackling the drug menace and aimed at drug rehabilitation. However, experts say that things have barely changed in the country. Critics say violence hasn't abated under Marcos Carlos Conde, a senior researcher at Human Rights Watch, told the European Parliament’s Subcommittee on Human Rights in September 2023, "While the new [Marcos] administration has been less confrontational and more diplomatic than the previous one,” he said, “that does not mean that the human rights situation in the country has improved." He claimed that Marco failed to demilitarise the drug war, and the killings continue under the administration, with the police having “wide authority … to conduct anti-drug raids.” Questions are being raised about the United States' inaction against the Philippines, as it aims to increase its military presence in the Pacific to counter China. An analysis by Stockholm International Peace Research Institute states that the US has transferred Black Hawk transport helicopters, air-to-air missiles, C-130 transport planes, training aircraft, anti-tank missiles, and anti-submarine sonar in the last 10 years. Critics say these arms were most likely used in the April massacre.

Nineteen people were killed in the Philippines in April in a conflict between the 79th Infantry Battalion of the Philippine Army and the Northern Negros Front of the New People's Army, including activists and students. The incident has triggered debate on the state of things after Duterte.

Philippine military's massacre of 19, including civilians, triggers debate on human rights situation in the country

US President Donald Trump will arrive in China on Wednesday (May 13) for his two day visit of the country. The highly anticipated presidential summit in Beijing is being framed as a business-focused summit aimed at stabilising ties between the world’s two largest economies. And despite tensions over artificial intelligence, export controls, rare-earth minerals, Taiwan and the ongoing Iran war the two nations are deeply linked through trade worth hundreds of billions of dollars.The presidential summit between two superpowers of the world will closely be watched by Taiwan, India and Iran.<h2>What does Trump, Xi summit mean for Taiwan?</h2>&nbsp;The Trump-Xi summit comes with high stakes for Taiwan, the island democracy that China views as its breakaway province. Since Trump's return to the White House, political analysts have witnessed greater ambivalence toward Taiwan, an approach that could be of concern for the Taiwanese regime ahead of Trump's China visit.&nbsp;The nation of 23 million people has spent decades living under threat from the China, which claims Taiwan as its territory despite never having control over it.&nbsp;One section of political analysts in the US believe that China "may offer Trump a deal: cooperation on tariffs, fentanyl, U.S. business access, or global flashpoints like Iran and Ukraine in exchange for Trump accepting a larger Chinese role in Taiwan’s future," reported Fox news.<h2>What does Trump, Xi summit mean for Iran?</h2>&nbsp;For Iran too, the summit is a high stake one as the ongoing geopolitical tensions in West Asia are expected to feature prominently during the discussions.&nbsp;A senior administration official told news outlets in an anonymous briefing on Sunday that Trump could “apply pressure” to China on Iran in areas such as oil sales and Tehran’s purchase of potential dual-role military-civilian goods.&nbsp;China is one of the nations most severely impacted by the closure of the vital waterway, as it acquires nearly 20 per cent of its energy through the strait. Beijing has called for open and secure shipping multiple times; however, it has termed the US naval blockade "a dangerous escalation of unilateralism."&nbsp;Washington expects Chinese support to persuade the Islamic Republic to accept its peace terms, as Beijing remains one of the major importers of Iranian oil despite the ongoing crisis.&nbsp;The US is expected to use this week's summit to present evidence of "dual-use technology" transfers and demand that Beijing use its leverage as a mediator in the “Islamabad Talks” to secure a final deal. For the Trump administration, the goal is clear: to press China to withdraw its economic and tacit military support, forcing Tehran to accept the current peace proposal.<h2>What does Trump, Xi summit mean for India?</h2>&nbsp;While for India, the Trump, Xi meet is equally important as experts say that a weaker Trump may grant Beijing concessions that could impact New Delhi not only economically but also geopolitically.&nbsp;Also, the world’s two largest economies - Beijing and Washington - are the biggest trading partners of India.&nbsp;There are scare that Trump could set aside past policy and side with Beijing on several issues just like he did while imposing tariffs. &nbsp;India was hit by steep trade tariffs along with other US allies like Brazil, Japan, South Korea, and the European Union, while China got concessions after threatening to block the supply of rare earths to America.&nbsp;New Delhi will also be closely watching what conclusion both the countries reach on Strait of Hormuz as most of its oil and gas passes through the vital chokepoint that has been blocked by Iran after the war began with US.&nbsp;&nbsp;&nbsp;

The Trump-Xi summit comes with high stakes for Taiwan, the island democracy that China views as its breakaway province. While for India, the meet is equally important as experts say that a weaker Trump may grant Beijing concessions impacting New Delhi.

US President Donald Trump will arrive in China on Wednesday (May 13) for his two day visit of the country. The highly anticipated presidential summit in Beijing is being framed as a business-focused summit aimed at stabilising ties between the world’s two largest economies. And despite tensions over artificial intelligence, export controls, rare-earth minerals, Taiwan and the ongoing Iran war the two nations are deeply linked through trade worth hundreds of billions of dollars. The presidential summit between two superpowers of the world will closely be watched by Taiwan, India and Iran. What does Trump, Xi summit mean for Taiwan? The Trump-Xi summit comes with high stakes for Taiwan, the island democracy that China views as its breakaway province. Since Trump's return to the White House, political analysts have witnessed greater ambivalence toward Taiwan, an approach that could be of concern for the Taiwanese regime ahead of Trump's China visit. The nation of 23 million people has spent decades living under threat from the China, which claims Taiwan as its territory despite never having control over it. One section of political analysts in the US believe that China "may offer Trump a deal: cooperation on tariffs, fentanyl, U.S. business access, or global flashpoints like Iran and Ukraine in exchange for Trump accepting a larger Chinese role in Taiwan’s future," reported Fox news. What does Trump, Xi summit mean for Iran? For Iran too, the summit is a high stake one as the ongoing geopolitical tensions in West Asia are expected to feature prominently during the discussions. A senior administration official told news outlets in an anonymous briefing on Sunday that Trump could “apply pressure” to China on Iran in areas such as oil sales and Tehran’s purchase of potential dual-role military-civilian goods. China is one of the nations most severely impacted by the closure of the vital waterway, as it acquires nearly 20 per cent of its energy through the strait. Beijing has called for open and secure shipping multiple times; however, it has termed the US naval blockade "a dangerous escalation of unilateralism." Washington expects Chinese support to persuade the Islamic Republic to accept its peace terms, as Beijing remains one of the major importers of Iranian oil despite the ongoing crisis. The US is expected to use this week's summit to present evidence of "dual-use technology" transfers and demand that Beijing use its leverage as a mediator in the “Islamabad Talks” to secure a final deal. For the Trump administration, the goal is clear: to press China to withdraw its economic and tacit military support, forcing Tehran to accept the current peace proposal. What does Trump, Xi summit mean for India? While for India, the Trump, Xi meet is equally important as experts say that a weaker Trump may grant Beijing concessions that could impact New Delhi not only economically but also geopolitically. Also, the world’s two largest economies - Beijing and Washington - are the biggest trading partners of India. There are scare that Trump could set aside past policy and side with Beijing on several issues just like he did while imposing tariffs. India was hit by steep trade tariffs along with other US allies like Brazil, Japan, South Korea, and the European Union, while China got concessions after threatening to block the supply of rare earths to America. New Delhi will also be closely watching what conclusion both the countries reach on Strait of Hormuz as most of its oil and gas passes through the vital chokepoint that has been blocked by Iran after the war began with US.

The Trump-Xi summit comes with high stakes for Taiwan, the island democracy that China views as its breakaway province. While for India, the meet is equally important as experts say that a weaker Trump may grant Beijing concessions impacting New Delhi.

Trump-Xi summit: Who all will be watching, what does the visit mean for Taiwan, Iran and India?

A US federal appeals court on Tuesday (May 12) temporarily halted a ruling that had declared US President Donald Trump’s 10-percent global tariffs unlawful, agreeing to the administration’s request to pause the decision while the case moves through the appeals process. Trump introduced the temporary 10-percent tariff in February, soon after the Supreme Court invalidated several of his broader global tariff measures. Earlier, on May 7, the US Court of International Trade (CIT) had barred the tariffs from being enforced against two companies and the state of Washington. That ruling was scheduled to come into effect on Tuesday (May 12).&nbsp;However, the US Court of Appeals for the Federal Circuit issued a short order granting an administrative stay on the CIT decision and laid out a timeline for both sides to submit legal briefs. In seeking the stay, the Trump administration argued that the lower court ruling should remain suspended until all appeals are exhausted, including a possible review by the Supreme Court. The government maintained that issuing refunds for the 10-percent tariffs now could create problems if higher courts later sided with the administration, as recovering those funds would be difficult. Meanwhile, it argued that the plaintiffs could still be compensated later through refunds with interest if the tariffs are eventually ruled illegal. The appeals court clarified that its order is only a temporary administrative pause while it reviews the request for a longer stay during the appeal process.<h2>What this means?</h2>The appeals court’s decision means President Donald Trump’s 10-percent global tariffs will remain in force for now despite a lower court ruling calling them illegal. Businesses importing goods into the US must continue paying the tariffs until the appeal is resolved. The temporary stay also gives the Trump administration time to defend the policy in higher courts, including potentially the Supreme Court. If the administration ultimately loses, affected companies could receive refunds with interest.<h2>Trump's tariff regime&nbsp;</h2>The Trump administration has said the new tariff was meant to deal with balance-of-payments deficits, citing Section 122 of the Trade Act of 1974. The 10-percent global tariff under Section 122 is valid until late July unless extended by Congress.&nbsp;The Trump administration has also been pursuing other means to impose tariffs to replace those struck down by the Supreme Court.US authorities have opened investigations into dozens of trading partners over forced labor and overcapacity allegations -- which could lead to fresh tariffs or other action. Trump's sector-specific tariffs on goods like steel, aluminum and autos remain unaffected by these legal challenges. The Supreme Court's striking down of the majority of Trump's tariffs was a blow to the Republican president, after he made the levies a signature economic policy. Since the decision, businesses have rushed for refunds.&nbsp;US Customs and Border Protection (CBP) estimated in March that more than 330,000 importers could be eligible for refunds after the Supreme Court's decision.The tariffs that were struck down earlier, imposed under the International Emergency Economic Powers Act (IEEPA), collected approximately $166 billion in duties and estimated deposits. On Tuesday, CNBC reported that businesses had begun to receive refunds, in line with a CBP timeline released earlier this month.CBP did not immediately respond to an AFP request for comment.

A US appeals court temporarily paused a ruling that blocked President Donald Trump’s 10-percent global tariffs, allowing the duties to remain in place during the appeal process. The Trump administration argued refunds would be difficult to recover if higher courts later upheld the tariffs.

A US federal appeals court on Tuesday (May 12) temporarily halted a ruling that had declared US President Donald Trump’s 10-percent global tariffs unlawful, agreeing to the administration’s request to pause the decision while the case moves through the appeals process. Trump introduced the temporary 10-percent tariff in February, soon after the Supreme Court invalidated several of his broader global tariff measures. Earlier, on May 7, the US Court of International Trade (CIT) had barred the tariffs from being enforced against two companies and the state of Washington. That ruling was scheduled to come into effect on Tuesday (May 12). However, the US Court of Appeals for the Federal Circuit issued a short order granting an administrative stay on the CIT decision and laid out a timeline for both sides to submit legal briefs. In seeking the stay, the Trump administration argued that the lower court ruling should remain suspended until all appeals are exhausted, including a possible review by the Supreme Court. The government maintained that issuing refunds for the 10-percent tariffs now could create problems if higher courts later sided with the administration, as recovering those funds would be difficult. Meanwhile, it argued that the plaintiffs could still be compensated later through refunds with interest if the tariffs are eventually ruled illegal. The appeals court clarified that its order is only a temporary administrative pause while it reviews the request for a longer stay during the appeal process. What this means? The appeals court’s decision means President Donald Trump’s 10-percent global tariffs will remain in force for now despite a lower court ruling calling them illegal. Businesses importing goods into the US must continue paying the tariffs until the appeal is resolved. The temporary stay also gives the Trump administration time to defend the policy in higher courts, including potentially the Supreme Court. If the administration ultimately loses, affected companies could receive refunds with interest. Trump's tariff regime The Trump administration has said the new tariff was meant to deal with balance-of-payments deficits, citing Section 122 of the Trade Act of 1974. The 10-percent global tariff under Section 122 is valid until late July unless extended by Congress. The Trump administration has also been pursuing other means to impose tariffs to replace those struck down by the Supreme Court. US authorities have opened investigations into dozens of trading partners over forced labor and overcapacity allegations -- which could lead to fresh tariffs or other action. Trump's sector-specific tariffs on goods like steel, aluminum and autos remain unaffected by these legal challenges. The Supreme Court's striking down of the majority of Trump's tariffs was a blow to the Republican president, after he made the levies a signature economic policy. Since the decision, businesses have rushed for refunds. US Customs and Border Protection (CBP) estimated in March that more than 330,000 importers could be eligible for refunds after the Supreme Court's decision. The tariffs that were struck down earlier, imposed under the International Emergency Economic Powers Act (IEEPA), collected approximately $166 billion in duties and estimated deposits. On Tuesday, CNBC reported that businesses had begun to receive refunds, in line with a CBP timeline released earlier this month. CBP did not immediately respond to an AFP request for comment.

A US appeals court temporarily paused a ruling that blocked President Donald Trump’s 10-percent global tariffs, allowing the duties to remain in place during the appeal process. The Trump administration argued refunds would be difficult to recover if higher courts later upheld the tariffs.

US appeals court halts order declaring Trump's global 10 per cent tariff illegal: What this means

US Secretary of State Marco Rubio is set to visit China alongside US President Donald Trump despite remaining under sanctions imposed by Beijing, in what diplomats describe as a diplomatic workaround involving the transliteration of Rubio’s surname into Chinese characters. Rubio, who is visiting China for the first time, was sanctioned twice by Beijing during his tenure as a US senator over his criticism of China’s human rights record and his support for measures targeting alleged forced labour involving the Uyghur minority in Xinjiang. The sanctions reportedly included an entry ban.&nbsp;However, according to an AFP report citing two diplomats, Chinese authorities appear to have sidestepped the issue after Trump appointed Rubio as secretary of state. Shortly before Rubio assumed office in January 2025, Chinese state media and government bodies began using a different Chinese character for the “Lu” sound in his surname.&nbsp;Also read: <a href="https://www.wionews.com/world/trump-to-meet-xi-jinping-will-there-be-straight-talk-on-taiwan-this-is-what-we-know-1778569946148">Trump to meet Xi Jinping: Will there be straight talk on Taiwan? This is what we know</a>&nbsp;The diplomats told AFP they believed the alteration was intended to avoid complications arising from the sanctions linked to the previous transliteration of Rubio’s name. China on Tuesday (May 12) signalled that it would not obstruct Rubio’s visit despite his past criticism of Beijing. “The sanctions target Mr Rubio’s words and deeds when he served as a US senator concerning China,” Chinese embassy spokesperson Liu Pengyu said.&nbsp;When asked previously about the apparent change in transliteration, Chinese foreign ministry spokesperson Mao Ning said she had “not noticed it but would look into it”, according to Chinese state media. Mao also remarked that Rubio’s English name was ultimately more important.&nbsp;The transliteration of foreign names into Chinese characters is not standardised, and prominent Western figures often have multiple accepted versions of their names. Trump himself is referred to by different Chinese transliterations, including “Telangpu” and “Chuanpu”.&nbsp;Also read: <a href="https://www.wionews.com/world/trump-to-meet-xi-jinping-who-will-accompany-us-president-and-who-ll-not-here-s-what-we-know-1778566138212">Trump to meet Xi Jinping: Who will accompany US president and who won't - here’s what we know</a>&nbsp;Trump is expected to arrive in Beijing on Wednesday (May 13) for talks with Chinese President Xi Jinping, with trade, Taiwan and artificial intelligence expected to dominate discussions. A US State Department official confirmed that Rubio would travel with Trump, and Rubio was seen boarding Air Force One at Andrews Air Force Base.

Secretary of State Marco Rubio will visit China with President Trump despite sanctions, after Beijing reportedly bypassed entry bans by subtly altering the Chinese transliteration of his surname.

US Secretary of State Marco Rubio is set to visit China alongside US President Donald Trump despite remaining under sanctions imposed by Beijing, in what diplomats describe as a diplomatic workaround involving the transliteration of Rubio’s surname into Chinese characters. Rubio, who is visiting China for the first time, was sanctioned twice by Beijing during his tenure as a US senator over his criticism of China’s human rights record and his support for measures targeting alleged forced labour involving the Uyghur minority in Xinjiang. The sanctions reportedly included an entry ban. However, according to an AFP report citing two diplomats, Chinese authorities appear to have sidestepped the issue after Trump appointed Rubio as secretary of state. Shortly before Rubio assumed office in January 2025, Chinese state media and government bodies began using a different Chinese character for the “Lu” sound in his surname. Also read: Trump to meet Xi Jinping: Will there be straight talk on Taiwan? This is what we know The diplomats told AFP they believed the alteration was intended to avoid complications arising from the sanctions linked to the previous transliteration of Rubio’s name. China on Tuesday (May 12) signalled that it would not obstruct Rubio’s visit despite his past criticism of Beijing. “The sanctions target Mr Rubio’s words and deeds when he served as a US senator concerning China,” Chinese embassy spokesperson Liu Pengyu said. When asked previously about the apparent change in transliteration, Chinese foreign ministry spokesperson Mao Ning said she had “not noticed it but would look into it”, according to Chinese state media. Mao also remarked that Rubio’s English name was ultimately more important. The transliteration of foreign names into Chinese characters is not standardised, and prominent Western figures often have multiple accepted versions of their names. Trump himself is referred to by different Chinese transliterations, including “Telangpu” and “Chuanpu”. Also read: Trump to meet Xi Jinping: Who will accompany US president and who won't - here’s what we know Trump is expected to arrive in Beijing on Wednesday (May 13) for talks with Chinese President Xi Jinping, with trade, Taiwan and artificial intelligence expected to dominate discussions. A US State Department official confirmed that Rubio would travel with Trump, and Rubio was seen boarding Air Force One at Andrews Air Force Base.

Secretary of State Marco Rubio will visit China with President Trump despite sanctions, after Beijing reportedly bypassed entry bans by subtly altering the Chinese transliteration of his surname.

How did Marco Rubio, who’s under sanction by Beijing, get permission to travel to China for the first time?

Trump defended Pakistan’s role in mediating with Iran despite Senator Lindsey Graham saying he “doesn’t trust Pakistan.” Graham cited reports alleging Iranian aircraft were parked at Pakistani airbases, while Trump praised PM Shehbaz Sharif and Army Chief Asim Munir.

Trump breaks silence on report of Pakistan allowing Iran spy aircraft at Nur Khan base amid mediation talks

Diet Coke or bomb Iran? Satirical video game mocking Trump installed in Washington DC

Iraq and Pakistan have reportedly reached separate agreements with Iran to allow the transport of oil and liquefied natural gas through the Strait of Hormuz, according to five sources familiar with the arrangements. The developments highlight Tehran’s growing influence over one of the world’s most critical energy routes during the ongoing regional conflict. The US-Israeli war with Iran has sharply disrupted energy exports from the Gulf region, which typically supplies around 20% of global crude oil and LNG. Recent US actions targeting Iranian ports and ongoing instability in the Strait of Hormuz have intensified concerns over global energy security.&nbsp;According to Claudio Steuer of the Oxford Institute for Energy Studies, Iran’s strategy has evolved during the conflict. “Iran has shifted from blocking Hormuz to controlling access to it ... Hormuz is no longer a neutral transit route, it is a controlled corridor,” he was quoted as saying. Iraq, whose oil exports heavily rely on the strait, was among the countries hardest hit by disruptions. Pakistan, meanwhile, has struggled with rising fuel prices while depending heavily on Gulf energy imports during peak summer electricity demand. In a previously undisclosed arrangement between Baghdad and Tehran, Iraq reportedly secured safe passage for two very large crude carriers transporting approximately 2 million barrels of oil each through the Strait of Hormuz on Sunday.&nbsp;Also Read: <a href="https://www.wionews.com/world/trump-calls-iran-war-coverage-showing-tehran-doing-well-virtual-treason-1778623857386">Trump calls Iran war coverage showing Tehran 'doing well' ‘virtual TREASON’</a>&nbsp;An Iraqi oil ministry official told Reuters that Baghdad is now seeking Iran’s approval for additional shipments as the government works to protect oil revenues that account for roughly 95% of Iraq’s state budget. “Iraq is a close ally of Iran, and any deterioration in Iraq's economy would also damage Iran's economic interests in the country,” the official said. A second Iraqi official and a shipping industry source also confirmed ongoing negotiations with Tehran. At the same time, two LNG tankers carrying Qatari gas are reportedly en route to Pakistan under a separate understanding between Islamabad and Tehran, according to industry sources familiar with the matter. Pakistan previously received around 10 LNG cargoes each month before the conflict disrupted normal trade flows.&nbsp;Sources said neither Iraq nor Pakistan made direct payments to Iran or the Islamic Revolutionary Guard Corps in exchange for transit access. Qatar was reportedly not directly involved in the bilateral arrangements but informed the United States before LNG shipments headed to Pakistan. Analysts warn that similar agreements with Iran could become more common as countries seek to secure energy supplies amid rising prices and shipping disruptions. Before the war, around 3,000 vessels passed through the Strait of Hormuz every month. Shipping traffic has now reportedly dropped to just 5% of previous levels.&nbsp;<a href="https://www.wionews.com/videos/global-wildfires-scientists-warn-situation-may-worsen-with-summer-arrival-1778636313079/embed">https://www.wionews.com/videos/global-wildfires-scientists-warn-situation-may-worsen-with-summer-arrival-1778636313079/embed</a>&nbsp;The disruption has fueled a sharp rise in energy prices, with Brent crude climbing more than 50% since the conflict began in late February, while LNG prices in Europe and Asia have surged between 35% and 50%. Iran has stated it intends to maintain influence over the strait after the conflict ends and has reportedly demanded sanctions relief, reparations, and access to frozen assets as part of any future settlement.&nbsp;Donald Trump dismissed those demands as ‘garbage’, dampening hopes for a broader diplomatic breakthrough. A Pakistani source involved in negotiations acknowledged difficulties in coordinating passage approvals. “The IRGC sometimes changes the goalposts, so it is hard to keep things on track, but we are working through it,” he said.&nbsp;Disclaimer: WION takes utmost care to accurately and responsibly report ongoing conflicts in West Asia involving Israel, Iran, the US, Gulf nations, and non-state actors like Hezbollah, Hamas, Houthis, Islamic State, and others. Claims and counterclaims, disinformation and misinformation are being made online and offline. Given this context, WION cannot independently verify the authenticity of all statements, social media posts, photos, and videos.

Iraq and Pakistan reportedly reached agreements with Iran for oil and LNG shipments through the Strait of Hormuz amid rising Gulf conflict tensions

Iraq and Pakistan have reportedly reached separate agreements with Iran to allow the transport of oil and liquefied natural gas through the Strait of Hormuz, according to five sources familiar with the arrangements. The developments highlight Tehran’s growing influence over one of the world’s most critical energy routes during the ongoing regional conflict. The US-Israeli war with Iran has sharply disrupted energy exports from the Gulf region, which typically supplies around 20% of global crude oil and LNG. Recent US actions targeting Iranian ports and ongoing instability in the Strait of Hormuz have intensified concerns over global energy security. According to Claudio Steuer of the Oxford Institute for Energy Studies, Iran’s strategy has evolved during the conflict. “Iran has shifted from blocking Hormuz to controlling access to it ... Hormuz is no longer a neutral transit route, it is a controlled corridor,” he was quoted as saying. Iraq, whose oil exports heavily rely on the strait, was among the countries hardest hit by disruptions. Pakistan, meanwhile, has struggled with rising fuel prices while depending heavily on Gulf energy imports during peak summer electricity demand. In a previously undisclosed arrangement between Baghdad and Tehran, Iraq reportedly secured safe passage for two very large crude carriers transporting approximately 2 million barrels of oil each through the Strait of Hormuz on Sunday. Also Read: Trump calls Iran war coverage showing Tehran 'doing well' ‘virtual TREASON’ An Iraqi oil ministry official told Reuters that Baghdad is now seeking Iran’s approval for additional shipments as the government works to protect oil revenues that account for roughly 95% of Iraq’s state budget. “Iraq is a close ally of Iran, and any deterioration in Iraq's economy would also damage Iran's economic interests in the country,” the official said. A second Iraqi official and a shipping industry source also confirmed ongoing negotiations with Tehran. At the same time, two LNG tankers carrying Qatari gas are reportedly en route to Pakistan under a separate understanding between Islamabad and Tehran, according to industry sources familiar with the matter. Pakistan previously received around 10 LNG cargoes each month before the conflict disrupted normal trade flows. Sources said neither Iraq nor Pakistan made direct payments to Iran or the Islamic Revolutionary Guard Corps in exchange for transit access. Qatar was reportedly not directly involved in the bilateral arrangements but informed the United States before LNG shipments headed to Pakistan. Analysts warn that similar agreements with Iran could become more common as countries seek to secure energy supplies amid rising prices and shipping disruptions. Before the war, around 3,000 vessels passed through the Strait of Hormuz every month. Shipping traffic has now reportedly dropped to just 5% of previous levels. https://www.wionews.com/videos/global-wildfires-scientists-warn-situation-may-worsen-with-summer-arrival-1778636313079/embed The disruption has fueled a sharp rise in energy prices, with Brent crude climbing more than 50% since the conflict began in late February, while LNG prices in Europe and Asia have surged between 35% and 50%. Iran has stated it intends to maintain influence over the strait after the conflict ends and has reportedly demanded sanctions relief, reparations, and access to frozen assets as part of any future settlement. Donald Trump dismissed those demands as ‘garbage’, dampening hopes for a broader diplomatic breakthrough. A Pakistani source involved in negotiations acknowledged difficulties in coordinating passage approvals. “The IRGC sometimes changes the goalposts, so it is hard to keep things on track, but we are working through it,” he said. Disclaimer: WION takes utmost care to accurately and responsibly report ongoing conflicts in West Asia involving Israel, Iran, the US, Gulf nations, and non-state actors like Hezbollah, Hamas, Houthis, Islamic State, and others. Claims and counterclaims, disinformation and misinformation are being made online and offline. Given this context, WION cannot independently verify the authenticity of all statements, social media posts, photos, and videos.

Iraq and Pakistan have reportedly struck energy transit deals with Iran as Tehran tightens control over the Strait of Hormuz during the ongoing conflict

Pakistan, Iraq strike energy transit deals with Iran through Strait of Hormuz: Report

President Donald Trump said on Tuesday (May 12) that reporting suggesting Iran is ‘doing well’ militarily in its conflict with the United States amounts to treason. “When the Fake News says that the Iranian enemy is doing well, Militarily, against us, it’s virtual TREASON in that it is such a false, and even preposterous, statement. They are aiding and abetting the enemy! All it does is give Iran false hope when none should exist,” Trump posted on social media during the first leg of his flight to China.“Only Losers, Ingrates, and Fools are able to make a case against America!” he added.&nbsp;The comments mark an escalation in Trump’s rhetoric toward the media amid the ongoing conflict with Iran. It is not the first time he has accused critics of treason during the war, though previous remarks were not directed specifically at journalists. CNN has reported that Trump has also pushed the Justice Department to subpoena reporters covering the conflict to identify their sources. According to officials cited by CNN, Trump delivered a handwritten note labeled ‘Treason’ in Sharpie atop printed news articles during a White House meeting with acting Attorney General Todd Blanche.&nbsp;Also Read: <a href="https://www.wionews.com/world/4-6-magnitude-earthquake-jolts-tehran-no-casualty-damage-reported-1778620604198">4.6 magnitude Earthquake jolts Tehran; no casualties, damage reported</a>

<h2>‘Israel fearing that Trump will strike a ‘bad deal’ with Iran’</h2>Meanwhile, concerns are growing in Israel about potential US-Iran negotiations. Israeli sources told CNN they fear Trump may strike a deal with Iran that does not fully address key security issues that triggered the conflict. Those concerns include the possibility of an agreement that leaves Iran’s nuclear program partially intact while excluding restrictions on ballistic missiles and support for regional proxy groups.&nbsp;Early in the conflict, Trump had outlined broader goals including dismantling Iran’s missile program, ending support for regional militias, and eliminating its nuclear capabilities. However, recent negotiations have reportedly focused more narrowly on uranium enrichment and maritime issues such as reopening the Strait of Hormuz. A source familiar with the talks said Israel believes issues like missiles and proxy forces “are probably off the table,” leading Israeli leaders to prioritize Iran’s nuclear program as the most urgent threat.&nbsp;<a href="https://www.wionews.com/videos/the-simple-formula-scientists-link-to-longer-life-olive-oil-coffee-and-smart-eating-1778607890044/embed">https://www.wionews.com/videos/the-simple-formula-scientists-link-to-longer-life-olive-oil-coffee-and-smart-eating-1778607890044/embed</a>&nbsp;“There is real concern that Trump will reach a bad deal,” one Israeli official told CNN. Another senior Israeli official said Israel remains on high alert and is closely monitoring negotiations, adding, “We will be happy if there will be no deal, we will be happy if the siege on Hormuz continues, and we will be happy if Iran gets a few more strikes,” while noting that final decisions rest with Trump. Escalation remains possible, the official added, “if the Iranians continue to play and drag negotiations.”&nbsp;Disclaimer: WION takes utmost care to accurately and responsibly report ongoing conflicts in West Asia involving Israel, Iran, the US, Gulf nations, and non-state actors like Hezbollah, Hamas, Houthis, Islamic State, and others. Claims and counterclaims, disinformation and misinformation are being made online and offline. Given this context, WION cannot independently verify the authenticity of all statements, social media posts, photos, and videos.

President Donald Trump calls media coverage of Iran conflict 'treason' while Israel expresses concern over potential US-Iran nuclear deal negotiations

President Donald Trump said on Tuesday (May 12) that reporting suggesting Iran is ‘doing well’ militarily in its conflict with the United States amounts to treason. “When the Fake News says that the Iranian enemy is doing well, Militarily, against us, it’s virtual TREASON in that it is such a false, and even preposterous, statement. They are aiding and abetting the enemy! All it does is give Iran false hope when none should exist,” Trump posted on social media during the first leg of his flight to China. “Only Losers, Ingrates, and Fools are able to make a case against America!” he added. The comments mark an escalation in Trump’s rhetoric toward the media amid the ongoing conflict with Iran. It is not the first time he has accused critics of treason during the war, though previous remarks were not directed specifically at journalists. CNN has reported that Trump has also pushed the Justice Department to subpoena reporters covering the conflict to identify their sources. According to officials cited by CNN, Trump delivered a handwritten note labeled ‘Treason’ in Sharpie atop printed news articles during a White House meeting with acting Attorney General Todd Blanche. Also Read: 4.6 magnitude Earthquake jolts Tehran; no casualties, damage reported

Donald Trump calls Iran war coverage amounts to ‘treason’, as Israel fears a US-Iran deal may leave key security threats unresolved

Trump calls Iran war coverage showing Tehran 'doing well' 'virtual TREASON'

A 4.6-magnitude earthquake struck near Tehran on Tuesday (May 12), according to Iranian state media citing the country’s seismological center. The earthquake occurred at a depth of 10 kilometers (6.21 miles), the center said. Iran’s state broadcaster Islamic Republic of Iran Broadcasting reported that the tremor hit the border region between Tehran and Mazandaran provinces. Authorities said there were no immediate reports of casualties or significant material damage following the quake.&nbsp;Also Read: <a href="https://www.wionews.com/world/saudi-arabia-secretly-launched-retaliatory-airstrikes-on-iran-amid-regional-war-escalation-report-1778617037279">Saudi Arabia 'secretly' launched retaliatory airstrikes on Iran amid regional war escalation: Report</a>&nbsp;The earthquake’s epicenter was located near the border between Tehran and Mazandaran provinces, approximately 41 kilometers from Tehran and 77 kilometers from Karaj. The tremor was also felt in several nearby areas, including eastern parts of Tehran province and neighbouring cities across the Mazandaran province.&nbsp;<a href="https://www.wionews.com/videos/the-simple-formula-scientists-link-to-longer-life-olive-oil-coffee-and-smart-eating-1778607890044/embed">https://www.wionews.com/videos/the-simple-formula-scientists-link-to-longer-life-olive-oil-coffee-and-smart-eating-1778607890044/embed</a><h2>Earthquakes do's and don'ts</h2><ul><li>Repair deep plaster cracks in ceilings and foundations. Get expert advice if there are signs of structural defects.</li><li>Anchor overhead lighting fixtures to the ceiling.</li><li>Follow BIS codes relevant to your area for building standards</li><li>Fasten shelves securely to walls.</li><li>Place large or heavy objects on lower shelves.</li><li>Do not move from where you are. However, move away from buildings, trees, streetlights, and utility wires.</li><li>DROP to the ground; take COVER by getting under a sturdy table or other piece of furniture; and HOLD ON until the shaking stops. If there is no a table or desk near you, cover your face and head with your arms and crouch in an inside corner of the building.</li><li>Protect yourself by staying under the lintel of an inner door, in the corner of a room, under a table or even under a bed.</li><li>Stay away from glass, windows, outside doors and walls, and anything that could fall, (such as lighting fixtures or furniture).</li></ul>

A 4.6-magnitude earthquake hit near Tehran, Iran, at a depth of 10 kilometers, with officials reporting no casualties or major damage

A 4.6-magnitude earthquake struck near Tehran on Tuesday (May 12), according to Iranian state media citing the country’s seismological center. The earthquake occurred at a depth of 10 kilometers (6.21 miles), the center said. Iran’s state broadcaster Islamic Republic of Iran Broadcasting reported that the tremor hit the border region between Tehran and Mazandaran provinces. Authorities said there were no immediate reports of casualties or significant material damage following the quake. Also Read: Saudi Arabia 'secretly' launched retaliatory airstrikes on Iran amid regional war escalation: Report The earthquake’s epicenter was located near the border between Tehran and Mazandaran provinces, approximately 41 kilometers from Tehran and 77 kilometers from Karaj. The tremor was also felt in several nearby areas, including eastern parts of Tehran province and neighbouring cities across the Mazandaran province. https://www.wionews.com/videos/the-simple-formula-scientists-link-to-longer-life-olive-oil-coffee-and-smart-eating-1778607890044/embed Earthquakes do's and don'ts Repair deep plaster cracks in ceilings and foundations. Get expert advice if there are signs of structural defects. Anchor overhead lighting fixtures to the ceiling. Follow BIS codes relevant to your area for building standards Fasten shelves securely to walls. Place large or heavy objects on lower shelves. Do not move from where you are. However, move away from buildings, trees, streetlights, and utility wires. DROP to the ground; take COVER by getting under a sturdy table or other piece of furniture; and HOLD ON until the shaking stops. If there is no a table or desk near you, cover your face and head with your arms and crouch in an inside corner of the building. Protect yourself by staying under the lintel of an inner door, in the corner of a room, under a table or even under a bed. Stay away from glass, windows, outside doors and walls, and anything that could fall, (such as lighting fixtures or furniture).

A 4.6-magnitude earthquake struck near Tehran on Tuesday (May 12), with no casualties or major damage reported by Iranian authorities

4.6 magnitude Earthquake jolts Tehran; no casualties, damage reported

Donald Trump is set to arrive in the Chinese capital on Wednesday evening (May 13), marking the first visit by a US leader to China in nearly nine years. Amidst a backdrop of global instability, including a stalled trade truce and the ongoing energy crisis caused by the West Asia conflict, the US president’s itinerary leads with a stop of "tremendous symbolic significance": the ancient Temple of Heaven. While the summit’s agenda is packed with high-stakes discussions on Taiwan, AI regulation, and the blockade of the Strait of Hormuz, the decision to visit the Temple of Heaven on Thursday (May 14) serves as a powerful diplomatic gesture. Historically, the site is where Chinese emperors once acted as the "Son of Heaven" to pray for peace and prosperity.&nbsp;<a href="https://www.wionews.com/videos/trump-to-visit-temple-of-heaven-decoding-significance-of-china-s-historic-site-1778608368570/embed">https://www.wionews.com/videos/trump-to-visit-temple-of-heaven-decoding-significance-of-china-s-historic-site-1778608368570/embed</a>&nbsp;<h3>What is the Temple of Heaven?</h3>Located in southern Beijing, the Temple of Heaven (Tiantan) is a sprawling imperial complex twice the size of the Forbidden City. Constructed in 1420 during the Ming Dynasty, it was designed as a sacred link between the human and celestial realms. Its architecture is a masterpiece of eastern cosmology, famously utilising the "Round Heaven, Square Earth" philosophy, in which the southern buildings are circular, and the northern platforms are rectangular.The most iconic structure within the park is the Hall of Prayer for Good Harvests. This magnificent triple-eaved circular building was constructed without a single nail, supported by 28 massive pillars representing the seasons, months, and traditional Chinese hours.&nbsp;Also read: <a href="https://www.wionews.com/videos/trump-appears-to-doze-off-at-official-event-gets-flak-from-democrats-1778607498387">Trump Appears to 'Doze Off' at Official Event, Gets Flak From Democrats</a>&nbsp;US Principal Deputy Press Secretary Anna Kelly characterised the visit as a moment of "immense symbolic weight". This is seemingly viewed as though the Trump administration is attempting to lower the temperature of the relationship before hard-nosed negotiations begin on Friday.&nbsp;&nbsp;Following the temple visit, President Trump is scheduled to attend a state banquet hosted by President Xi Jinping. The visit comes at a delicate time when regional security concerns regarding Iran have become a "key diplomatic focus", with the US expected to press China on its economic ties to Tehran. The 600-year-old Temple of Heaven will serve as the venue for the two leaders for their working lunch on Friday. The news outlet South China Morning Post had noted that the temple represents the "long-term stability" of the past.&nbsp;

US President Trump visits the historic Temple of Heaven in Beijing during his 2026 state visit to China. Discover the symbolism behind this ancient site amid high-stakes diplomacy.

Donald Trump is set to arrive in the Chinese capital on Wednesday evening (May 13), marking the first visit by a US leader to China in nearly nine years. Amidst a backdrop of global instability, including a stalled trade truce and the ongoing energy crisis caused by the West Asia conflict, the US president’s itinerary leads with a stop of "tremendous symbolic significance": the ancient Temple of Heaven. While the summit’s agenda is packed with high-stakes discussions on Taiwan, AI regulation, and the blockade of the Strait of Hormuz, the decision to visit the Temple of Heaven on Thursday (May 14) serves as a powerful diplomatic gesture. Historically, the site is where Chinese emperors once acted as the "Son of Heaven" to pray for peace and prosperity. https://www.wionews.com/videos/trump-to-visit-temple-of-heaven-decoding-significance-of-china-s-historic-site-1778608368570/embed What is the Temple of Heaven? Located in southern Beijing, the Temple of Heaven (Tiantan) is a sprawling imperial complex twice the size of the Forbidden City. Constructed in 1420 during the Ming Dynasty, it was designed as a sacred link between the human and celestial realms. Its architecture is a masterpiece of eastern cosmology, famously utilising the "Round Heaven, Square Earth" philosophy, in which the southern buildings are circular, and the northern platforms are rectangular. The most iconic structure within the park is the Hall of Prayer for Good Harvests. This magnificent triple-eaved circular building was constructed without a single nail, supported by 28 massive pillars representing the seasons, months, and traditional Chinese hours. Also read: Trump Appears to 'Doze Off' at Official Event, Gets Flak From Democrats US Principal Deputy Press Secretary Anna Kelly characterised the visit as a moment of "immense symbolic weight". This is seemingly viewed as though the Trump administration is attempting to lower the temperature of the relationship before hard-nosed negotiations begin on Friday. Following the temple visit, President Trump is scheduled to attend a state banquet hosted by President Xi Jinping. The visit comes at a delicate time when regional security concerns regarding Iran have become a "key diplomatic focus", with the US expected to press China on its economic ties to Tehran. The 600-year-old Temple of Heaven will serve as the venue for the two leaders for their working lunch on Friday. The news outlet South China Morning Post had noted that the temple represents the "long-term stability" of the past.

US President Trump visits the historic Temple of Heaven in Beijing during his 2026 state visit to China. Discover the symbolism behind this ancient site amid high-stakes diplomacy.

Significance of Temple of Heaven: Trump to begin landmark China visit with symbolic tour

Saudi Arabia secretly launched a series of retaliatory airstrikes on Iran earlier this year after the kingdom came under repeated missile and drone attacks during the broader Middle East conflict, according to two Western officials and two Iranian officials familiar with the matter. The previously undisclosed operations mark the first known instance of Saudi Arabia directly carrying out military strikes on Iranian territory, signaling a more assertive approach by Riyadh toward its longtime regional rival.The attacks, reportedly conducted by the Saudi Air Force in late March, were described by one Western official as ‘tit-for-tat strikes in retaliation for when Saudi was hit’.&nbsp;Reuters could not independently verify the exact targets of the strikes. Responding to questions about the claims, a senior Saudi foreign ministry official did not directly confirm whether the strikes occurred. Iran’s foreign ministry also declined to comment. Saudi Arabia has historically depended heavily on the United States for military protection. However, the 10-week regional war exposed vulnerabilities in the kingdom’s defenses after Iranian missiles and drones reportedly penetrated the US security umbrella. The conflict, which escalated after US and Israeli airstrikes on Iran on February 28, has quietly expanded across the region. According to reports, Iran launched missile and drone attacks against all six Gulf Cooperation Council states, targeting military installations, airports, civilian infrastructure and oil facilities while also disrupting global trade by closing the Strait of Hormuz.&nbsp;The United Arab Emirates was also reported to have carried out strikes on Iran, indicating that Gulf Arab states hit by Iranian attacks began retaliating militarily. Still, Saudi Arabia pursued a more cautious strategy than the UAE, maintaining diplomatic communication with Tehran while trying to avoid a broader regional escalation.A senior Saudi official reiterated Riyadh’s position, stating: “We reaffirm Saudi Arabia’s consistent position advocating de-escalation, self-restraint and the reduction of tensions in pursuit of the stability, security and prosperity of the region and its people.” Iranian and Western officials said Saudi Arabia informed Tehran about the strikes in advance, which was followed by intense diplomacy and warnings of further retaliation. These discussions reportedly led to an informal understanding between the two countries to reduce tensions.&nbsp;Also Read: <a href="https://www.wionews.com/world/-we-don-t-need-any-help-with-iran-says-president-trump-as-he-departs-for-china-1778614628638">‘We don’t need any help with Iran,’ says President Trump as he departs for China</a>&nbsp;The de-escalation reportedly started shortly before Washington and Tehran agreed to a broader ceasefire on April 7. One Iranian official said the understanding aimed to “cease hostilities, safeguard mutual interests, and prevent the escalation of tensions.” Relations between Iran and Saudi Arabia have long been shaped by sectarian and geopolitical rivalry, with both powers backing opposing factions in regional conflicts. Saudi Arabia has also managed to keep oil exports flowing during the conflict because shipping through the Red Sea remained largely uninterrupted.&nbsp;Tensions had been building for weeks before the strikes. On March 19, Saudi Foreign Minister Faisal bin Farhan warned that the kingdom “reserved the right to take military actions if deemed necessary.” Days later, Saudi Arabia expelled Iran’s military attaché and four embassy officials. Western officials said diplomatic engagement and Saudi threats of further retaliation eventually contributed to a sharp decline in attacks on the kingdom. Western sources said many of the projectiles launched toward Saudi Arabia shortly before the ceasefire were believed to have originated from Iraq rather than Iran directly, suggesting Tehran scaled back direct involvement while allied militias remained active.&nbsp;<a href="https://www.wionews.com/videos/who-is-nandini-harinath-the-woman-behind-india-s-mars-mission-honoured-in-washington-1778606991920/embed">https://www.wionews.com/videos/who-is-nandini-harinath-the-woman-behind-india-s-mars-mission-honoured-in-washington-1778606991920/embed</a><h2>Iran rejects Kuwait’s ‘baseless’ claims over Bubiyan Island incident</h2>Iran on Tuesday dismissed as ‘absolutely baseless’ allegations made by Kuwait that four Iranian officers attempted to infiltrate Bubiyan Island, insisting the individuals entered Kuwaiti waters due to disruptions in their navigational systems. In a statement, Iran’s foreign ministry said it strongly condemns the improper action of the Kuwaiti government in politically and propagandistically exploiting the case. Kuwaiti authorities had arrested the four men earlier this month and on Tuesday accused them of being officers linked to Iran’s Revolutionary Guards.&nbsp;Disclaimer: WION takes utmost care to accurately and responsibly report ongoing conflicts in West Asia involving Israel, Iran, the US, Gulf nations, and non-state actors like Hezbollah, Hamas, Houthis, Islamic State, and others. Claims and counterclaims, disinformation and misinformation are being made online and offline. Given this context, WION cannot independently verify the authenticity of all statements, social media posts, photos, and videos.

Saudi Arabia reportedly carried out secret retaliatory airstrikes on Iran during the Middle East conflict, signaling rising regional tensions and diplomatic efforts to avoid wider war

Saudi Arabia secretly launched a series of retaliatory airstrikes on Iran earlier this year after the kingdom came under repeated missile and drone attacks during the broader Middle East conflict, according to two Western officials and two Iranian officials familiar with the matter. The previously undisclosed operations mark the first known instance of Saudi Arabia directly carrying out military strikes on Iranian territory, signaling a more assertive approach by Riyadh toward its longtime regional rival. The attacks, reportedly conducted by the Saudi Air Force in late March, were described by one Western official as ‘tit-for-tat strikes in retaliation for when Saudi was hit’. Reuters could not independently verify the exact targets of the strikes. Responding to questions about the claims, a senior Saudi foreign ministry official did not directly confirm whether the strikes occurred. Iran’s foreign ministry also declined to comment. Saudi Arabia has historically depended heavily on the United States for military protection. However, the 10-week regional war exposed vulnerabilities in the kingdom’s defenses after Iranian missiles and drones reportedly penetrated the US security umbrella. The conflict, which escalated after US and Israeli airstrikes on Iran on February 28, has quietly expanded across the region. According to reports, Iran launched missile and drone attacks against all six Gulf Cooperation Council states, targeting military installations, airports, civilian infrastructure and oil facilities while also disrupting global trade by closing the Strait of Hormuz. The United Arab Emirates was also reported to have carried out strikes on Iran, indicating that Gulf Arab states hit by Iranian attacks began retaliating militarily. Still, Saudi Arabia pursued a more cautious strategy than the UAE, maintaining diplomatic communication with Tehran while trying to avoid a broader regional escalation. A senior Saudi official reiterated Riyadh’s position, stating: “We reaffirm Saudi Arabia’s consistent position advocating de-escalation, self-restraint and the reduction of tensions in pursuit of the stability, security and prosperity of the region and its people.” Iranian and Western officials said Saudi Arabia informed Tehran about the strikes in advance, which was followed by intense diplomacy and warnings of further retaliation. These discussions reportedly led to an informal understanding between the two countries to reduce tensions. Also Read: ‘We don’t need any help with Iran,’ says President Trump as he departs for China The de-escalation reportedly started shortly before Washington and Tehran agreed to a broader ceasefire on April 7. One Iranian official said the understanding aimed to “cease hostilities, safeguard mutual interests, and prevent the escalation of tensions.” Relations between Iran and Saudi Arabia have long been shaped by sectarian and geopolitical rivalry, with both powers backing opposing factions in regional conflicts. Saudi Arabia has also managed to keep oil exports flowing during the conflict because shipping through the Red Sea remained largely uninterrupted. Tensions had been building for weeks before the strikes. On March 19, Saudi Foreign Minister Faisal bin Farhan warned that the kingdom “reserved the right to take military actions if deemed necessary.” Days later, Saudi Arabia expelled Iran’s military attaché and four embassy officials. Western officials said diplomatic engagement and Saudi threats of further retaliation eventually contributed to a sharp decline in attacks on the kingdom. Western sources said many of the projectiles launched toward Saudi Arabia shortly before the ceasefire were believed to have originated from Iraq rather than Iran directly, suggesting Tehran scaled back direct involvement while allied militias remained active. https://www.wionews.com/videos/who-is-nandini-harinath-the-woman-behind-india-s-mars-mission-honoured-in-washington-1778606991920/embed Iran rejects Kuwait’s ‘baseless’ claims over Bubiyan Island incident Iran on Tuesday dismissed as ‘absolutely baseless’ allegations made by Kuwait that four Iranian officers attempted to infiltrate Bubiyan Island, insisting the individuals entered Kuwaiti waters due to disruptions in their navigational systems. In a statement, Iran’s foreign ministry said it strongly condemns the improper action of the Kuwaiti government in politically and propagandistically exploiting the case. Kuwaiti authorities had arrested the four men earlier this month and on Tuesday accused them of being officers linked to Iran’s Revolutionary Guards. Disclaimer: WION takes utmost care to accurately and responsibly report ongoing conflicts in West Asia involving Israel, Iran, the US, Gulf nations, and non-state actors like Hezbollah, Hamas, Houthis, Islamic State, and others. Claims and counterclaims, disinformation and misinformation are being made online and offline. Given this context, WION cannot independently verify the authenticity of all statements, social media posts, photos, and videos.

According to report, Saudi Arabia secretly launched retaliatory strikes on Iran during the Middle East war before both sides moved to de-escalate tensions

Saudi Arabia 'secretly' launched retaliatory airstrikes on Iran amid regional war escalation: Report

US President Donald Trump’s proposed ‘Golden Dome’ missile defense system could ultimately cost as much as $1.2 trillion over the next two decades, according to a new estimate released on Tuesday (May 12) by the nonpartisan Congressional Budget Office (CBO). “Of the $1.2 trillion amount, acquisition costs...would total just over $1 trillion. That amount includes costs for the system's major components, namely, the interceptor layers and a space-based missile warning and tracking system,” the CBO said in its report.&nbsp;“The most expensive component is the space-based interceptor layer, which accounts for about 70 percent of acquisition costs and 60 percent of total costs,” it added.The report also projected that annual operations and support expenses would average around $8.3 billion. Trump directed the Pentagon in January 2025 to begin designing a sophisticated missile defense network initially referred to as the “Iron Dome for America,” aimed at countering advanced aerial and missile threats.&nbsp;Also Read: <a href="https://www.wionews.com/world/fda-commissioner-marty-makary-resigns-after-clashes-over-vaccines-and-vapes-who-is-he-1778612357796">FDA Commissioner Marty Makary resigns after clashes over vaccines and vapes. Who is he?</a>&nbsp;In May 2025, Trump revealed that $25 billion had been allocated to launch the initiative and estimated the overall program would cost roughly $175 billion. However, the CBO previously warned that even a limited space-based interceptor system capable of stopping a small number of intercontinental ballistic missiles could cost between $161 billion and $542 billion over a 20-year period. The ambitions for the Golden Dome project appear far broader. The 2026 National Defense Strategy states that the Pentagon will “focus on options to cost-effectively defeat large missile barrages and other advanced aerial attacks.”&nbsp;<a href="https://www.wionews.com/videos/500-loaves-of-bread-on-a-dress-stuns-african-film-awards-1778603871905/embed">https://www.wionews.com/videos/500-loaves-of-bread-on-a-dress-stuns-african-film-awards-1778603871905/embed</a>&nbsp;Disclaimer: WION takes utmost care to accurately and responsibly report ongoing conflicts in West Asia involving Israel, Iran, the US, Gulf nations, and non-state actors like Hezbollah, Hamas, Houthis, Islamic State, and others. Claims and counterclaims, disinformation and misinformation are being made online and offline. Given this context, WION cannot independently verify the authenticity of all statements, social media posts, photos, and videos.

A Congressional Budget Office report estimates Donald Trump’s Golden Dome missile defense shield could cost $1.2 trillion over 20 years, far exceeding initial projections

US President Donald Trump’s proposed ‘Golden Dome’ missile defense system could ultimately cost as much as $1.2 trillion over the next two decades, according to a new estimate released on Tuesday (May 12) by the nonpartisan Congressional Budget Office (CBO). “Of the $1.2 trillion amount, acquisition costs...would total just over $1 trillion. That amount includes costs for the system's major components, namely, the interceptor layers and a space-based missile warning and tracking system,” the CBO said in its report. “The most expensive component is the space-based interceptor layer, which accounts for about 70 percent of acquisition costs and 60 percent of total costs,” it added. The report also projected that annual operations and support expenses would average around $8.3 billion. Trump directed the Pentagon in January 2025 to begin designing a sophisticated missile defense network initially referred to as the “Iron Dome for America,” aimed at countering advanced aerial and missile threats. Also Read: FDA Commissioner Marty Makary resigns after clashes over vaccines and vapes. Who is he? In May 2025, Trump revealed that $25 billion had been allocated to launch the initiative and estimated the overall program would cost roughly $175 billion. However, the CBO previously warned that even a limited space-based interceptor system capable of stopping a small number of intercontinental ballistic missiles could cost between $161 billion and $542 billion over a 20-year period. The ambitions for the Golden Dome project appear far broader. The 2026 National Defense Strategy states that the Pentagon will “focus on options to cost-effectively defeat large missile barrages and other advanced aerial attacks.” https://www.wionews.com/videos/500-loaves-of-bread-on-a-dress-stuns-african-film-awards-1778603871905/embed Disclaimer: WION takes utmost care to accurately and responsibly report ongoing conflicts in West Asia involving Israel, Iran, the US, Gulf nations, and non-state actors like Hezbollah, Hamas, Houthis, Islamic State, and others. Claims and counterclaims, disinformation and misinformation are being made online and offline. Given this context, WION cannot independently verify the authenticity of all statements, social media posts, photos, and videos.

Donald Trump’s Golden Dome missile shield could cost $1.2 trillion over the next 20 years, according to a Congressional Budget Office report released on Tuesday (May 12)

Trump's 'Golden Dome' missile defense system may cost $1.2 trillion: Budget office

President Donald Trump departed Washington on Tuesday afternoon for Beijing and his high-stakes summit with Chinese President Xi Jinping. Trump took off from Joint Base Andrews on Air Force One en route to China.As he left the White House, Trump downplayed differences with Xi over the US conflict in Iran and predicted that “good things are going to happen” during the visit.&nbsp;Asked if Xi needs to intervene in Iran, Trump said, “I don’t think we need any help with Iran. We’ll win it one way or the other. We’ll win it peacefully or otherwise. Their Navy is gone. Their Air Force is gone. Every single element of their war machine is gone.”&nbsp;<h2>‘We have Iran very much under control’</h2>&nbsp;&nbsp;“We have Iran very much under control. We’re either going to make a deal or they’re going to be decimated — so one way or the other, we win,” President Trump added.&nbsp;“It’s very simple: Iran cannot have a nuclear weapon... We don’t play games. They’re not going to have a nuclear weapon.”&nbsp;Trump and Xi Jinping are expected to discuss trade issues, the Iran war, and the self-ruled island of Taiwan, which Beijing claims as its territory.&nbsp;Speaking to reporters as he left the White House for his trip to China, Trump laid out his plan to discuss the Iran war with Chinese President Xi Jinping.“We’re going to have a long talk about it. I think he’s been relatively good, to be honest with you. You look at the blockade, no problem. They get a lot of their oil from that area. We’ve had no problem,” Trump said.The trip is Trump’s first to Beijing since he travelled there as president in 2017.&nbsp;&nbsp;<h2>‘Not even a little bit motivated to end Iran war because of financial issues’</h2>&nbsp;Trump told reporters that the financial situation of Americans is not influencing him to reach an agreement with Iran.“Not even a little bit. The only thing that matters when I’m talking about Iran—they can’t have a nuclear weapon. I don’t think about Americans’ financial situation. I don’t think about anybody. I think about one thing—we cannot let Iran have a nuclear weapon,” Trump told the press.&nbsp;The war in Iran has led to higher prices for Americans, and data released on Tuesday morning says that inflation rose to 3.8% last month.&nbsp;Trump has been unsuccessfully pressing Xi to use China’s leverage to make Iran agree to US terms and end the war or reopen the Strait of Hormuz.&nbsp;“We’re going to have a long talk about it. I think he’s been relatively good, to be honest with you,” Trump said of his plans to discuss the conflict with Xi. Minutes later, he added, “We have a lot of things to discuss. I wouldn’t say Iran is one of them, to be honest with you, because we have Iran very much under control.”<h2>Melania Trump not going on China trip</h2>&nbsp;First lady Melania Trump will not be accompanying the president on his trip to China, her office said just ahead of the trip.“The First Lady is not traveling to China for this visit,” her communications director Nick Clemens said in a brief statement.

Speaking to reporters as he left the White House for his trip to China, President Donald Trump laid out his plan to discuss the Iran war with Chinese President Xi Jinping. The two leaders are expected to discuss trade issues, the Iran war, and the self-ruled island of Taiwan.

President Donald Trump departed Washington on Tuesday afternoon for Beijing and his high-stakes summit with Chinese President Xi Jinping. Trump took off from Joint Base Andrews on Air Force One en route to China. As he left the White House, Trump downplayed differences with Xi over the US conflict in Iran and predicted that “good things are going to happen” during the visit. Asked if Xi needs to intervene in Iran, Trump said, “I don’t think we need any help with Iran. We’ll win it one way or the other. We’ll win it peacefully or otherwise. Their Navy is gone. Their Air Force is gone. Every single element of their war machine is gone.” ‘We have Iran very much under control’ “We have Iran very much under control. We’re either going to make a deal or they’re going to be decimated — so one way or the other, we win,” President Trump added. “It’s very simple: Iran cannot have a nuclear weapon... We don’t play games. They’re not going to have a nuclear weapon.” Trump and Xi Jinping are expected to discuss trade issues, the Iran war, and the self-ruled island of Taiwan, which Beijing claims as its territory. Speaking to reporters as he left the White House for his trip to China, Trump laid out his plan to discuss the Iran war with Chinese President Xi Jinping. “We’re going to have a long talk about it. I think he’s been relatively good, to be honest with you. You look at the blockade, no problem. They get a lot of their oil from that area. We’ve had no problem,” Trump said. The trip is Trump’s first to Beijing since he travelled there as president in 2017. ‘Not even a little bit motivated to end Iran war because of financial issues’ Trump told reporters that the financial situation of Americans is not influencing him to reach an agreement with Iran. “Not even a little bit. The only thing that matters when I’m talking about Iran—they can’t have a nuclear weapon. I don’t think about Americans’ financial situation. I don’t think about anybody. I think about one thing—we cannot let Iran have a nuclear weapon,” Trump told the press. The war in Iran has led to higher prices for Americans, and data released on Tuesday morning says that inflation rose to 3.8% last month. Trump has been unsuccessfully pressing Xi to use China’s leverage to make Iran agree to US terms and end the war or reopen the Strait of Hormuz. “We’re going to have a long talk about it. I think he’s been relatively good, to be honest with you,” Trump said of his plans to discuss the conflict with Xi. Minutes later, he added, “We have a lot of things to discuss. I wouldn’t say Iran is one of them, to be honest with you, because we have Iran very much under control.” Melania Trump not going on China trip First lady Melania Trump will not be accompanying the president on his trip to China, her office said just ahead of the trip. “The First Lady is not traveling to China for this visit,” her communications director Nick Clemens said in a brief statement.

Speaking to reporters as he left the White House for his trip to China, President Donald Trump laid out his plan to discuss the Iran war with Chinese President Xi Jinping. The two leaders are expected to discuss trade issues, the Iran war, and the self-ruled island of Taiwan.

‘We don’t need any help with Iran,’ says President Trump as he departs for China

United States President Donald Trump announced on Tuesday (May 12) that US Food and Drug Administration (FDA) Commissioner Marty Makary is stepping down, ending a turbulent tenure marked by clashes with public health officials, pharmaceutical companies, tobacco lobbyists and conservative activists. “Marty is a terrific guy, but he's going to go on, and he's going to lead a good life,” president Trump said while speaking to reporters amid growing speculation that the administration was preparing to remove Makary from the post.&nbsp;Marty Makary, a surgeon and former Fox News contributor, became widely known during the COVID-19 pandemic for criticising mainstream medical policies and pandemic-era restrictions. After taking charge of the Food and Drug Administration (FDA), he pledged major reforms at the agency overseeing vaccines, medicines and food safety. His leadership, however, drew criticism from multiple sides. Pharmaceutical executives argued that his efforts to overhaul the drug approval system created uncertainty and delays. Public health experts accused the Food and Drug Administration (FDA) under Marty Makary of amplifying anti-vaccine narratives after the agency released a disputed memo regarding deaths allegedly linked to COVID-19 vaccines.&nbsp;Also Read: <a href="https://www.wionews.com/world/pentagon-official-says-cost-of-iran-war-has-climbed-to-about-29-billion-1778604524634">Pentagon official says cost of Iran war has climbed to about $29 billion</a>&nbsp;At the same time, anti-abortion conservatives criticized Makary for moving too slowly on a review of the abortion pill mifepristone, which has remained Food and Drug Administration-approved for more than two decades. Makary also reportedly resisted parts of the Trump administration’s push to allow flavored e-cigarettes, expressing concern about their popularity among younger consumers. His departure is the latest shake-up within the health department led by vaccine skeptic Robert F. Kennedy Jr.. The administration has already faced scrutiny over its nominations for surgeon general and leadership changes at the Centers for Disease Control and Prevention.&nbsp;<a href="https://www.wionews.com/videos/tamil-nadu-elections-defeated-dmk-leader-alleges-postal-ballot-mix-up-1778602515998/embed">https://www.wionews.com/videos/tamil-nadu-elections-defeated-dmk-leader-alleges-postal-ballot-mix-up-1778602515998/embed</a>&nbsp;Any change to the policy could significantly impact abortion access nationwide, as the FDA determines the national guidelines for prescribing the medication. Medication abortions now make up nearly two-thirds of all abortions in the United States and have contributed to a rise in procedures since the Supreme Court overturned nationwide abortion protections in 2022.

President Donald Trump announces FDA Commissioner Marty Makary’s departure after controversies involving Covid-19 vaccines, flavored vapes, mifepristone reviews and public health policy disputes

United States President Donald Trump announced on Tuesday (May 12) that US Food and Drug Administration (FDA) Commissioner Marty Makary is stepping down, ending a turbulent tenure marked by clashes with public health officials, pharmaceutical companies, tobacco lobbyists and conservative activists. “Marty is a terrific guy, but he's going to go on, and he's going to lead a good life,” president Trump said while speaking to reporters amid growing speculation that the administration was preparing to remove Makary from the post. Marty Makary, a surgeon and former Fox News contributor, became widely known during the COVID-19 pandemic for criticising mainstream medical policies and pandemic-era restrictions. After taking charge of the Food and Drug Administration (FDA), he pledged major reforms at the agency overseeing vaccines, medicines and food safety. His leadership, however, drew criticism from multiple sides. Pharmaceutical executives argued that his efforts to overhaul the drug approval system created uncertainty and delays. Public health experts accused the Food and Drug Administration (FDA) under Marty Makary of amplifying anti-vaccine narratives after the agency released a disputed memo regarding deaths allegedly linked to COVID-19 vaccines. Also Read: Pentagon official says cost of Iran war has climbed to about $29 billion At the same time, anti-abortion conservatives criticized Makary for moving too slowly on a review of the abortion pill mifepristone, which has remained Food and Drug Administration-approved for more than two decades. Makary also reportedly resisted parts of the Trump administration’s push to allow flavored e-cigarettes, expressing concern about their popularity among younger consumers. His departure is the latest shake-up within the health department led by vaccine skeptic Robert F. Kennedy Jr.. The administration has already faced scrutiny over its nominations for surgeon general and leadership changes at the Centers for Disease Control and Prevention. https://www.wionews.com/videos/tamil-nadu-elections-defeated-dmk-leader-alleges-postal-ballot-mix-up-1778602515998/embed Any change to the policy could significantly impact abortion access nationwide, as the FDA determines the national guidelines for prescribing the medication. Medication abortions now make up nearly two-thirds of all abortions in the United States and have contributed to a rise in procedures since the Supreme Court overturned nationwide abortion protections in 2022.

Donald Trump says Food and Drug Administration chief Marty Makary is leaving after controversies over vaccines, vaping, drug reviews and public health policies

FDA Commissioner Marty Makary resigns after clashes over vaccines and vapes. Who is he?

India criticised China on Tuesday after Chinese officials admitted to supporting Pakistan during Operation Sindoor last year. The Ministry of External Affairs (MEA) said that countries backing efforts to “protect terror infrastructure” must reflect on the impact such actions have on their global reputation and standing.&nbsp;The rebuke was issued during a MEA press briefing after reports emerged about China’s admission that it provided technical assistance to Pakistan during the May 2025 military clashes with India.&nbsp;<h2>‘We have seen reports that corroborate what was known earlier’</h2>&nbsp;&nbsp;Speaking to reporters, Ministry of External Affairs spokesperson Randhir Jaiswal said that the international community closely watches how major powers align themselves. “We have seen reports that corroborate what was known earlier,” Jaiswal said at a weekly media briefing when asked about reports in Chinese media.&nbsp;“It is for nations that consider themselves responsible to reflect on whether supporting attempts to protect terrorist infrastructure affects their reputation and standing,” he added. The MEA spokesperson further clarified that India’s military action was a counter-terror operation and necessary to safeguard national security against cross-border threats.&nbsp;He said that Operation Sindoor “was a precise, targeted, and calibrated response to the terrorist attacks in Pahalgam, aimed at destroying state-sponsored terrorist infrastructure operating out of Pakistan and at its behest.”&nbsp;<h2>‘China confirmed it provided on-site technical support to Pakistan during Op Sindoor’</h2>&nbsp;China, for the first time, confirmed that it provided on-site technical support to Pakistan during the four-day military conflict with India in May last year. The admission was made by Chinese engineers, according to China’s state media. India had recently marked the first anniversary of its Operation Sindoor it launched against terror camps located in Pakistan in response to the April 2025 terror attack in Jammu and Kashmir’s Pahalgam, where more than two dozen civilians were gunned down. India accused Pakistan of a direct role in the terror attack.&nbsp;Operation Sindoor was a calibrated, multi-domain surgical strike that lasted exactly 88 hours.&nbsp;China’s state broadcaster CCTV recently aired an interview with Zhang Heng, an engineer from the Aviation Industry Corporation of China’s (AVIC) Chengdu Aircraft Design and Research Institute, a key developer of China’s advanced fighter aircraft and unmanned aerial vehicle designs.Zhang had provided technical support to Pakistan during the four-day war last May, reported Hong Kong-based South China Morning Post.Pakistan's air force operates a fleet of Chinese-made J-10CE jets, produced by an AVIC subsidiary.

MEA spokesperson Randhir Jaiswal said nations that consider themselves responsible should reflect on whether supporting attempts to protect terrorist infrastructure affects their reputation and standing. China confirmed that it provided on-site technical support to Pakistan.

India criticised China on Tuesday after Chinese officials admitted to supporting Pakistan during Operation Sindoor last year. The Ministry of External Affairs (MEA) said that countries backing efforts to “protect terror infrastructure” must reflect on the impact such actions have on their global reputation and standing. The rebuke was issued during a MEA press briefing after reports emerged about China’s admission that it provided technical assistance to Pakistan during the May 2025 military clashes with India. ‘We have seen reports that corroborate what was known earlier’ Speaking to reporters, Ministry of External Affairs spokesperson Randhir Jaiswal said that the international community closely watches how major powers align themselves. “We have seen reports that corroborate what was known earlier,” Jaiswal said at a weekly media briefing when asked about reports in Chinese media. “It is for nations that consider themselves responsible to reflect on whether supporting attempts to protect terrorist infrastructure affects their reputation and standing,” he added. The MEA spokesperson further clarified that India’s military action was a counter-terror operation and necessary to safeguard national security against cross-border threats. He said that Operation Sindoor “was a precise, targeted, and calibrated response to the terrorist attacks in Pahalgam, aimed at destroying state-sponsored terrorist infrastructure operating out of Pakistan and at its behest.” ‘China confirmed it provided on-site technical support to Pakistan during Op Sindoor’ China, for the first time, confirmed that it provided on-site technical support to Pakistan during the four-day military conflict with India in May last year. The admission was made by Chinese engineers, according to China’s state media. India had recently marked the first anniversary of its Operation Sindoor it launched against terror camps located in Pakistan in response to the April 2025 terror attack in Jammu and Kashmir’s Pahalgam, where more than two dozen civilians were gunned down. India accused Pakistan of a direct role in the terror attack. Operation Sindoor was a calibrated, multi-domain surgical strike that lasted exactly 88 hours. China’s state broadcaster CCTV recently aired an interview with Zhang Heng, an engineer from the Aviation Industry Corporation of China’s (AVIC) Chengdu Aircraft Design and Research Institute, a key developer of China’s advanced fighter aircraft and unmanned aerial vehicle designs. Zhang had provided technical support to Pakistan during the four-day war last May, reported Hong Kong-based South China Morning Post. Pakistan's air force operates a fleet of Chinese-made J-10CE jets, produced by an AVIC subsidiary.

MEA spokesperson Randhir Jaiswal said nations that consider themselves responsible should reflect on whether supporting attempts to protect terrorist infrastructure affects their reputation and standing. China confirmed that it provided on-site technical support to Pakistan.

‘Protecting terror infrastructure’: India slams China after admission of supporting Pakistan during Operation Sindoor

US authorities on Tuesday (May 12) filed criminal charges against a Singapore-based shipping company and its Indian affiliate in connection with the 2024 cargo ship crash that destroyed a major bridge in Maryland and killed six workers.&nbsp;According to officials, Singapore-based Synergy Marine and Chennai-based Synergy Maritime have been accused of conspiracy to defraud US investigators, giving false statements to the National Transportation Safety Board (NTSB), and several other offences linked to the disaster.&nbsp;An Indian citizen, Radhakrishnan Karthik Nair, was also named in the indictment made public on Tuesday. The 47-year-old worked as a technical superintendent for both companies and was responsible for overseeing the operations of the cargo vessel M/V Dali. US Attorney Kelly Hayes said Nair is currently believed to be in India and has not been taken into custody.&nbsp;<h2>Electrical failure led to bridge collapse</h2>The accident took place in the early hours of March 26, 2024, when the massive container ship M/V Dali suffered repeated electrical failures while approaching the Francis Scott Key Bridge in Baltimore.&nbsp;The ship lost steering and propulsion before crashing into the bridge, causing the structure to collapse into the Patapsco River within seconds and blocking one of the busiest shipping routes leading to the Port of Baltimore.&nbsp;Six construction workers who were on the bridge at the time died after falling into the river. All of them were reported to be immigrants from Latin American countries.&nbsp;Investigators from the NTSB later said the probable cause of the crash was a loose wire connection inside a high-voltage switchboard, which led to a total power failure on the vessel.&nbsp;The US Justice Department had earlier announced in October 2024 that it reached a $100 million settlement with Synergy Marine and another company, Grace Ocean, to recover costs linked to emergency response operations and the removal of large amounts of bridge debris from the Baltimore shipping channel.&nbsp;Maryland officials have estimated that rebuilding the collapsed bridge could cost more than $5.2 billion, with the new structure expected to be completed by 2030. &nbsp;

The crash occurred before dawn on March 26, 2024, after the large cargo vessel M/V Dali experienced multiple power system malfunctions while nearing the Francis Scott Key Bridge in Baltimore.

US authorities on Tuesday (May 12) filed criminal charges against a Singapore-based shipping company and its Indian affiliate in connection with the 2024 cargo ship crash that destroyed a major bridge in Maryland and killed six workers. According to officials, Singapore-based Synergy Marine and Chennai-based Synergy Maritime have been accused of conspiracy to defraud US investigators, giving false statements to the National Transportation Safety Board (NTSB), and several other offences linked to the disaster. An Indian citizen, Radhakrishnan Karthik Nair, was also named in the indictment made public on Tuesday. The 47-year-old worked as a technical superintendent for both companies and was responsible for overseeing the operations of the cargo vessel M/V Dali. US Attorney Kelly Hayes said Nair is currently believed to be in India and has not been taken into custody. Electrical failure led to bridge collapse The accident took place in the early hours of March 26, 2024, when the massive container ship M/V Dali suffered repeated electrical failures while approaching the Francis Scott Key Bridge in Baltimore. The ship lost steering and propulsion before crashing into the bridge, causing the structure to collapse into the Patapsco River within seconds and blocking one of the busiest shipping routes leading to the Port of Baltimore. Six construction workers who were on the bridge at the time died after falling into the river. All of them were reported to be immigrants from Latin American countries. Investigators from the NTSB later said the probable cause of the crash was a loose wire connection inside a high-voltage switchboard, which led to a total power failure on the vessel. The US Justice Department had earlier announced in October 2024 that it reached a $100 million settlement with Synergy Marine and another company, Grace Ocean, to recover costs linked to emergency response operations and the removal of large amounts of bridge debris from the Baltimore shipping channel. Maryland officials have estimated that rebuilding the collapsed bridge could cost more than $5.2 billion, with the new structure expected to be completed by 2030.

The crash occurred before dawn on March 26, 2024, after the large cargo vessel M/V Dali experienced multiple power system malfunctions while nearing the Francis Scott Key Bridge in Baltimore.

US indicts Singapore, Indian firms over deadly Baltimore bridge collapse

In a fiery exchange during a Senate Appropriations Committee hearing on Tuesday (May 12), Senator Lindsey Graham questioned Pakistan’s credibility as a neutral intermediary in the ongoing US-Iran negotiations. The Senator’s remarks follow explosive reports that Islamabad quietly allowed the Iranian Air Force to park military aircraft on its airfields to shield them from potential American and Israeli strikes.&nbsp;<a href="https://www.wionews.com/videos/report-says-uae-hit-refinery-on-iran-s-lavan-island-iran-had-called-strikes-an-enemy-attack-1778602059391/embed">https://www.wionews.com/videos/report-says-uae-hit-refinery-on-iran-s-lavan-island-iran-had-called-strikes-an-enemy-attack-1778602059391/embed</a>&nbsp;&nbsp;"I don't trust Pakistan as far as I can throw them," Graham told reporters and colleagues after pressing Defense Secretary Pete Hegseth on the matter. "If they actually do have Iranian aircraft parked in Pakistan bases to protect Iranian military assets, that tells me we should be looking maybe for somebody else to mediate. No wonder this damn thing is going nowhere."&nbsp;The controversy was ignited by a CBS News report citing unnamed US officials, which claimed that shortly after the April ceasefire was announced, Tehran moved several military assets to Pakistan’s Nur Khan Air Base. Among the aircraft allegedly identified was an Iranian RC-130 reconnaissance plane. The report suggests that by sheltering these assets, Pakistan provided a "sanctuary" for Iranian capabilities that would otherwise have been vulnerable during the peak of the West Asia conflict.&nbsp;Also read: <a href="https://www.wionews.com/world/-it-arrived-during-ceasefire-period-pak-confirms-presence-of-iranian-aircraft-claims-it-has-no-links-to-military-1778564644772">Pak confirms presence of Iranian aircraft, claims it has no links to military</a>&nbsp;The news outlet Financial Express reported that Graham’s scepticism is rooted in recent statements by Pakistani defense officials that he views as hostile toward US regional interests. On Monday, Graham took to social media to state that if the reporting is accurate, it would require a “complete re-evaluation” of Pakistan’s role in the diplomatic process.&nbsp;During the hearing, Graham attempted to pin down Defense Secretary Hegseth on whether the Pentagon was aware of the Iranian planes. Hegseth, however, declined to comment directly on the intelligence, stating he did not want to interfere with the delicate, ongoing negotiations.&nbsp;Pakistan has moved quickly to distance itself from the allegations;&nbsp;a senior Pakistani official dismissed the CBS report as "speculative and misleading". The official also noted that Nur Khan Air Base is located in a densely populated urban area, making it impossible to hide a "large fleet" of foreign military aircraft from public view. Though the Pakistan Foreign Ministry agreed to the presence Iranian aircraft but have no links to the military.

US Senator Lindsey Graham questions Pakistan’s role as a Middle East mediator following reports that Iranian military planes were sheltered at Pakistani airbases.

In a fiery exchange during a Senate Appropriations Committee hearing on Tuesday (May 12), Senator Lindsey Graham questioned Pakistan’s credibility as a neutral intermediary in the ongoing US-Iran negotiations. The Senator’s remarks follow explosive reports that Islamabad quietly allowed the Iranian Air Force to park military aircraft on its airfields to shield them from potential American and Israeli strikes. https://www.wionews.com/videos/report-says-uae-hit-refinery-on-iran-s-lavan-island-iran-had-called-strikes-an-enemy-attack-1778602059391/embed "I don't trust Pakistan as far as I can throw them," Graham told reporters and colleagues after pressing Defense Secretary Pete Hegseth on the matter. "If they actually do have Iranian aircraft parked in Pakistan bases to protect Iranian military assets, that tells me we should be looking maybe for somebody else to mediate. No wonder this damn thing is going nowhere." The controversy was ignited by a CBS News report citing unnamed US officials, which claimed that shortly after the April ceasefire was announced, Tehran moved several military assets to Pakistan’s Nur Khan Air Base. Among the aircraft allegedly identified was an Iranian RC-130 reconnaissance plane. The report suggests that by sheltering these assets, Pakistan provided a "sanctuary" for Iranian capabilities that would otherwise have been vulnerable during the peak of the West Asia conflict. Also read: Pak confirms presence of Iranian aircraft, claims it has no links to military The news outlet Financial Express reported that Graham’s scepticism is rooted in recent statements by Pakistani defense officials that he views as hostile toward US regional interests. On Monday, Graham took to social media to state that if the reporting is accurate, it would require a “complete re-evaluation” of Pakistan’s role in the diplomatic process. During the hearing, Graham attempted to pin down Defense Secretary Hegseth on whether the Pentagon was aware of the Iranian planes. Hegseth, however, declined to comment directly on the intelligence, stating he did not want to interfere with the delicate, ongoing negotiations. Pakistan has moved quickly to distance itself from the allegations; a senior Pakistani official dismissed the CBS report as "speculative and misleading". The official also noted that Nur Khan Air Base is located in a densely populated urban area, making it impossible to hide a "large fleet" of foreign military aircraft from public view. Though the Pakistan Foreign Ministry agreed to the presence Iranian aircraft but have no links to the military.

US Senator Lindsey Graham questions Pakistan’s role as a Middle East mediator following reports that Iranian military planes were sheltered at Pakistani airbases.

‘I don't trust Pakistan’:  Senator Lindsey Graham calls for reevaluation of Islamabad's mediator role amid Iran aircraft row

A blast in Pakistan’s Khyber Pakhtunkhwa province claimed nine lives, including two traffic policemen, on Tuesday (May 12). Lakki Marwat district police&nbsp;spokesperson Qudratullah Khan, in a statement published in news outlet Dawn, said that the two traffic cops who were killed were later identified as Adil Jan and Rahatullah. According to Khan, the explosion was caused by a bomb rigged to a rickshaw parked in the centre of the busy commercial area. And police officials were performing their duties at a nearby intersection when the device was detonated.&nbsp;&nbsp;<a href="https://www.wionews.com/videos/pakistan-car-bomb-attack-14-police-officers-killed-ittehad-ul-mujahideen-claims-responsibility-1778501684123/embed">https://www.wionews.com/videos/pakistan-car-bomb-attack-14-police-officers-killed-ittehad-ul-mujahideen-claims-responsibility-1778501684123/embed</a>&nbsp;&nbsp;The blast occurred at approximately 4:15 PM, a time when the bazaar is typically teeming with shoppers and commuters. Visuals from the scene, shared by news agency Reuters, showed mangled metal, shattered glass, and blood-stained merchandise scattered across the road. Residents and rescue volunteers were the first to arrive, using private vehicles and rickshaws to rush the critically injured to the Tehsil Headquarters (THQ) Hospital.&nbsp;Also read: <a href="https://www.wionews.com/world/growing-concern-over-pakistan-social-media-bot-farms-targeting-uk-and-us-public-opinion-1778564049293">Growing concern over Pakistan social media bot farms targeting UK and US public opinion</a>&nbsp;This latest act of violence comes just days after a sophisticated ambush and suicide bombing in the neighbouring Bannu district, which claimed the lives of 15 police officers on Saturday. The surge in attacks has strained diplomatic relations between Islamabad and Kabul. While no group has immediately claimed responsibility for Tuesday's bombing, suspicion has frequently fallen on the Tehrik-e-Taliban Pakistan (TTP).&nbsp;&nbsp;Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur condemned the "cowardly attack" and directed the provincial health department to provide the best possible medical care to the 23 injured survivors. Medical Superintendent Mohammad Ishaq told Rescue 1122 that at least seven of the wounded remain in critical condition and have been shifted to specialised trauma centres in Peshawar for further treatment. The district of Lakki Marwat remains under a strict security lockdown as investigators collect forensic evidence from the blast site to determine the nature and weight of the explosives used.

At least nine people, including two traffic policemen, were killed in a rickshaw bomb blast in Lakki Marwat's Naurang Bazaar. 23 others remain injured. 

A blast in Pakistan’s Khyber Pakhtunkhwa province claimed nine lives, including two traffic policemen, on Tuesday (May 12). Lakki Marwat district police spokesperson Qudratullah Khan, in a statement published in news outlet Dawn, said that the two traffic cops who were killed were later identified as Adil Jan and Rahatullah. According to Khan, the explosion was caused by a bomb rigged to a rickshaw parked in the centre of the busy commercial area. And police officials were performing their duties at a nearby intersection when the device was detonated. https://www.wionews.com/videos/pakistan-car-bomb-attack-14-police-officers-killed-ittehad-ul-mujahideen-claims-responsibility-1778501684123/embed The blast occurred at approximately 4:15 PM, a time when the bazaar is typically teeming with shoppers and commuters. Visuals from the scene, shared by news agency Reuters, showed mangled metal, shattered glass, and blood-stained merchandise scattered across the road. Residents and rescue volunteers were the first to arrive, using private vehicles and rickshaws to rush the critically injured to the Tehsil Headquarters (THQ) Hospital. Also read: Growing concern over Pakistan social media bot farms targeting UK and US public opinion This latest act of violence comes just days after a sophisticated ambush and suicide bombing in the neighbouring Bannu district, which claimed the lives of 15 police officers on Saturday. The surge in attacks has strained diplomatic relations between Islamabad and Kabul. While no group has immediately claimed responsibility for Tuesday's bombing, suspicion has frequently fallen on the Tehrik-e-Taliban Pakistan (TTP). Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur condemned the "cowardly attack" and directed the provincial health department to provide the best possible medical care to the 23 injured survivors. Medical Superintendent Mohammad Ishaq told Rescue 1122 that at least seven of the wounded remain in critical condition and have been shifted to specialised trauma centres in Peshawar for further treatment. The district of Lakki Marwat remains under a strict security lockdown as investigators collect forensic evidence from the blast site to determine the nature and weight of the explosives used.

At least nine people, including two traffic policemen, were killed in a rickshaw bomb blast in Lakki Marwat's Naurang Bazaar. 23 others remain injured.&nbsp;

Nine dead, 23 wounded in Pakistan’s Lakki Marwat Bazaar rickshaw bombing

The political crisis surrounding UK Prime Minister Keir Starmer deepened as Dr Zubir Ahmed resigned on Tuesday (May 12), becoming the fourth minister to step down in a day after Labour’s poor electoral performance.&nbsp;The resignations have intensified the crisis within the ruling party after Labour lost more than 1,100 council seats and surrendered its long-held majority in the Welsh Senedd last week.&nbsp;Dr Ahmed, an NHS surgeon who served as junior Minister for Health Innovation and Safety, accused Starmer of failing to provide “values-driven leadership” at a time when public confidence in the government was collapsing.&nbsp;“It is clear from recent days that the public across the UK has now irretrievably lost confidence in you as Prime Minister,” Ahmed wrote in his resignation letter. “Whatever the magnitude of individual achievements, they are now being dwarfed and undermined by a lack of values-driven leadership at the centre.”&nbsp;Ahmed’s resignation followed the departure of three other junior ministers earlier in the day, triggering open unrest inside the Labour government. Miatta Fahnbulleh was the first minister to step down, urging Starmer “to do the right thing for the country and the party and set a timetable for an orderly transition”.&nbsp;Also Read: <a href="https://www.wionews.com/world/pentagon-official-says-cost-of-iran-war-has-climbed-to-about-29-billion-1778604524634">Pentagon official says cost of Iran war has climbed to about $29 billion</a>&nbsp;Safeguarding minister Jess Phillips also resigned, saying she was no longer seeing the change “I, and the country expect” from the Prime Minister. Junior minister Alex Davies-Jones later joined the growing rebellion.&nbsp;According to reports, more than 80 Labour MPs have either demanded Starmer’s immediate resignation or called on him to announce a timeline for his exit.<h2>MPs rally behind Starmer despite growing revolt</h2>Despite the mounting pressure, Starmer also received support from within the party. UK media reported that more than 100 Labour MPs signed a joint statement backing the Prime Minister and warning against a leadership battle.&nbsp;“This is no time for a leadership contest,” the statement said, adding that rebuilding public trust “needs to start today, with all of us working together to deliver the change the country needs”.&nbsp;UK Deputy PM David Lammy also reaffirmed his backing for the Prime Minister extending “full support” and added that no rival appeared to have enough backing within the party to mount a serious leadership challenge against him.&nbsp;

Under Labour Party rules, any leadership challenger would need the backing of 81 MPs, or 20 per cent of the parliamentary party, to formally trigger a leadership contest.

The political crisis surrounding UK Prime Minister Keir Starmer deepened as Dr Zubir Ahmed resigned on Tuesday (May 12), becoming the fourth minister to step down in a day after Labour’s poor electoral performance. The resignations have intensified the crisis within the ruling party after Labour lost more than 1,100 council seats and surrendered its long-held majority in the Welsh Senedd last week. Dr Ahmed, an NHS surgeon who served as junior Minister for Health Innovation and Safety, accused Starmer of failing to provide “values-driven leadership” at a time when public confidence in the government was collapsing. “It is clear from recent days that the public across the UK has now irretrievably lost confidence in you as Prime Minister,” Ahmed wrote in his resignation letter. “Whatever the magnitude of individual achievements, they are now being dwarfed and undermined by a lack of values-driven leadership at the centre.” Ahmed’s resignation followed the departure of three other junior ministers earlier in the day, triggering open unrest inside the Labour government. Miatta Fahnbulleh was the first minister to step down, urging Starmer “to do the right thing for the country and the party and set a timetable for an orderly transition”. Also Read: Pentagon official says cost of Iran war has climbed to about $29 billion Safeguarding minister Jess Phillips also resigned, saying she was no longer seeing the change “I, and the country expect” from the Prime Minister. Junior minister Alex Davies-Jones later joined the growing rebellion. According to reports, more than 80 Labour MPs have either demanded Starmer’s immediate resignation or called on him to announce a timeline for his exit. MPs rally behind Starmer despite growing revolt Despite the mounting pressure, Starmer also received support from within the party. UK media reported that more than 100 Labour MPs signed a joint statement backing the Prime Minister and warning against a leadership battle. “This is no time for a leadership contest,” the statement said, adding that rebuilding public trust “needs to start today, with all of us working together to deliver the change the country needs”. UK Deputy PM David Lammy also reaffirmed his backing for the Prime Minister extending “full support” and added that no rival appeared to have enough backing within the party to mount a serious leadership challenge against him.

Under Labour Party rules, any leadership challenger would need the backing of 81 MPs, or 20 per cent of the parliamentary party, to formally trigger a leadership contest.

Fourth minister resigns as pressure mounts on UK PM Keir Starmer to quit

The cost of the war in Iran has climbed up to about $29 billion, Pentagon Comptroller Jules Hurst III said in testimony before a House Appropriations subcommittee hearing on the Defense Department’s budget request on Tuesday. In late April, the cost of the war stood at about $25 billion, Hurst added.Acting Pentagon comptroller Jules Hurst, testifying before the House and Senate subcommittees that oversee Pentagon budget requests, said the price tag for the Iran war had risen to $29 billion due to updated repair and replacement of equipment costs.&nbsp;“The joint staff team and the comptroller team are constantly looking at that estimate, and so now we think it’s closer to 29,” he said.“That’s because of updated repair and replacement of equipment costs, and also just general operational costs keep people in theatre," he added.It is unclear exactly how the Pentagon arrived at the cost estimate.&nbsp;Earlier, the Pentagon told lawmakers that as per its estimate, the first six days of the war cost more than $11 billion.&nbsp;Secretary of Defence, Pete Hegseth, testified last month before the House and Senate Armed Services Committees that the conflict had cost $25 billion up to that point, but US officials familiar with internal assessments suggested at the time that the war could already have cost close to $50 billion.&nbsp;<h2>US forces prevent Malta-flagged tanker from crossing Hormuz&nbsp;</h2>&nbsp;US Central Command (Centcom) said on Tuesday that its forces have prevented a Maltese-flagged tanker from crossing the Strait of Hormuz.“Our forces prevented the oil tanker Agios Phanourios from crossing the Strait of Hormuz for violating the blockade,” said a Centcom spokesperson, while adding that the vessel was not transporting Iranian oil.The spokesperson further said that US forces intercepted several tankers not carrying Iranian oil because they violated the embargo, adding that the US-imposed blockade on Iranian ports remains in place.&nbsp;&nbsp;<h2>Inflation surged to 3.8% in April, highest in three years</h2>&nbsp;Inflation surged to 3.8% in April, its highest level in nearly three years, according to data released Tuesday, as the war in Iran causes a ripple effect across the economy amid surging energy prices.&nbsp;As inflation continues to accelerate, it’s eating into Americans’ wages at a rapid pace. April’s inflation rate means that prices are now rising faster than wages for the first time since 2023, which could lead to further aggravating the affordability crisis that is already hurting consumers.

Testifying before the House and Senate subcommittees that oversee Pentagon budget requests, acting Pentagon comptroller Jules Hurst said the price tag for the Iran war had risen to $29 billion due to updated repair and replacement of equipment costs.

The cost of the war in Iran has climbed up to about $29 billion, Pentagon Comptroller Jules Hurst III said in testimony before a House Appropriations subcommittee hearing on the Defense Department’s budget request on Tuesday. In late April, the cost of the war stood at about $25 billion, Hurst added. Acting Pentagon comptroller Jules Hurst, testifying before the House and Senate subcommittees that oversee Pentagon budget requests, said the price tag for the Iran war had risen to $29 billion due to updated repair and replacement of equipment costs. “The joint staff team and the comptroller team are constantly looking at that estimate, and so now we think it’s closer to 29,” he said. “That’s because of updated repair and replacement of equipment costs, and also just general operational costs keep people in theatre," he added. It is unclear exactly how the Pentagon arrived at the cost estimate. Earlier, the Pentagon told lawmakers that as per its estimate, the first six days of the war cost more than $11 billion. Secretary of Defence, Pete Hegseth, testified last month before the House and Senate Armed Services Committees that the conflict had cost $25 billion up to that point, but US officials familiar with internal assessments suggested at the time that the war could already have cost close to $50 billion. US forces prevent Malta-flagged tanker from crossing Hormuz US Central Command (Centcom) said on Tuesday that its forces have prevented a Maltese-flagged tanker from crossing the Strait of Hormuz. “Our forces prevented the oil tanker Agios Phanourios from crossing the Strait of Hormuz for violating the blockade,” said a Centcom spokesperson, while adding that the vessel was not transporting Iranian oil. The spokesperson further said that US forces intercepted several tankers not carrying Iranian oil because they violated the embargo, adding that the US-imposed blockade on Iranian ports remains in place. Inflation surged to 3.8% in April, highest in three years Inflation surged to 3.8% in April, its highest level in nearly three years, according to data released Tuesday, as the war in Iran causes a ripple effect across the economy amid surging energy prices. As inflation continues to accelerate, it’s eating into Americans’ wages at a rapid pace. April’s inflation rate means that prices are now rising faster than wages for the first time since 2023, which could lead to further aggravating the affordability crisis that is already hurting consumers.

Testifying before the House and Senate subcommittees that oversee Pentagon budget requests, acting Pentagon comptroller Jules Hurst said the price tag for the Iran war had risen to $29 billion due to updated repair and replacement of equipment costs.

Pentagon official says cost of Iran war has climbed to about $29 billion

As US President Donald Trump departs for a highly anticipated visit to China on Tuesday (May 12), the ongoing geopolitical tensions in West Asia are expected to feature prominently during the discussions. A senior administration official told news outlets in an anonymous briefing on Sunday that Trump could “apply pressure” to China on Iran in areas such as oil sales and Tehran’s purchase of potential dual-role military-civilian goods.&nbsp;US Treasury Secretary Scott Bessent last week accused China of “funding” Iran. “Iran is the largest state sponsor of terrorism, and China has been buying 90 per cent of their energy, so they are funding the largest state sponsor of terrorism,” Bessent told Fox News on May 7.&nbsp;Trump's visit to Beijing has already been impacted by the Iran war and the shipping crisis in the Strait of Hormuz. It was scheduled for earlier this year but was postponed in March due to the US-Israeli strikes on Iran, which began on February 28, and the eventual ceasefire to negotiate a peaceful exit from the war. Washington also staged a naval blockade of the Islamic Republic in hopes of forcing Tehran to accept a peace proposal.&nbsp;<h2>China’s stance on the Hormuz crisis</h2>China is one of the nations most severely impacted by the closure of the vital waterway, as it acquires nearly 20 per cent of its energy through the strait. Beijing has called for open and secure shipping multiple times; however, it has termed the US naval blockade "a dangerous escalation of unilateralism."&nbsp;On April 15, Chinese Foreign Ministry spokesperson Guo Jiakun stated, "The blockade of international waterways is a violation of international law and a direct threat to global supply chain stability. We urge the US to cease these provocative actions and return to the path of diplomatic dialogue."&nbsp;Also Read: <a href="https://www.wionews.com/india-news/cctv-footage-of-mechanic-carrying-hidden-sickle-sparks-security-fears-in-delhi-1778592726866">CCTV footage of ‘mechanic’ carrying hidden sickle sparks security fears in Delhi</a><h2>The US position: Pressure and peace terms</h2>Washington expects Chinese support to persuade the Islamic Republic to accept its peace terms, as Beijing remains one of the major importers of Iranian oil despite the ongoing crisis. Several reports have also suggested its military support. In an interview with Time Magazine on May 1, 2026, Trump himself commented on the situation, saying, "China is possibly helping Iran a lot more than they should be. They are giving them a financial lifeline and possibly more than just parts for their drones."&nbsp;The US is expected to use this week's summit to present evidence of "dual-use technology" transfers and demand that Beijing use its leverage as a mediator in the “Islamabad Talks” to secure a final deal. For the Trump administration, the goal is clear: to press China to withdraw its economic and tacit military support, forcing Tehran to accept the current peace proposal.

Trump set to arrive in Beijing on Wednesday for his first China visit since 2017 amid talks overshadowed by the Strait of Hormuz blockade and the global energy crisis.

As US President Donald Trump departs for a highly anticipated visit to China on Tuesday (May 12), the ongoing geopolitical tensions in West Asia are expected to feature prominently during the discussions. A senior administration official told news outlets in an anonymous briefing on Sunday that Trump could “apply pressure” to China on Iran in areas such as oil sales and Tehran’s purchase of potential dual-role military-civilian goods. US Treasury Secretary Scott Bessent last week accused China of “funding” Iran. “Iran is the largest state sponsor of terrorism, and China has been buying 90 per cent of their energy, so they are funding the largest state sponsor of terrorism,” Bessent told Fox News on May 7. Trump's visit to Beijing has already been impacted by the Iran war and the shipping crisis in the Strait of Hormuz. It was scheduled for earlier this year but was postponed in March due to the US-Israeli strikes on Iran, which began on February 28, and the eventual ceasefire to negotiate a peaceful exit from the war. Washington also staged a naval blockade of the Islamic Republic in hopes of forcing Tehran to accept a peace proposal. China’s stance on the Hormuz crisis China is one of the nations most severely impacted by the closure of the vital waterway, as it acquires nearly 20 per cent of its energy through the strait. Beijing has called for open and secure shipping multiple times; however, it has termed the US naval blockade "a dangerous escalation of unilateralism." On April 15, Chinese Foreign Ministry spokesperson Guo Jiakun stated, "The blockade of international waterways is a violation of international law and a direct threat to global supply chain stability. We urge the US to cease these provocative actions and return to the path of diplomatic dialogue." Also Read: CCTV footage of ‘mechanic’ carrying hidden sickle sparks security fears in Delhi The US position: Pressure and peace terms Washington expects Chinese support to persuade the Islamic Republic to accept its peace terms, as Beijing remains one of the major importers of Iranian oil despite the ongoing crisis. Several reports have also suggested its military support. In an interview with Time Magazine on May 1, 2026, Trump himself commented on the situation, saying, "China is possibly helping Iran a lot more than they should be. They are giving them a financial lifeline and possibly more than just parts for their drones." The US is expected to use this week's summit to present evidence of "dual-use technology" transfers and demand that Beijing use its leverage as a mediator in the “Islamabad Talks” to secure a final deal. For the Trump administration, the goal is clear: to press China to withdraw its economic and tacit military support, forcing Tehran to accept the current peace proposal.

Trump set to arrive in Beijing on Wednesday for his first China visit since 2017 amid talks overshadowed by the Strait of Hormuz blockade and the global energy crisis.

Iran to feature prominently during Xi-Trump summit: Where do US and China stand on Hormuz issue?

The Iran war has increased economic pain in the US, as headline inflation has risen 0.6 per cent from March and for the annual rate has climbed to 3.7 per cent. The energy price shock has pushed the retail gas price in the US to $4.58 per gallon. &nbsp;For the first time in three years, US wage growth is 3.6 per cent has fallen below the headline inflation rate. Brent Crude is trading at $107.6 per barrel.&nbsp;<h2>US is looking at a period of stagflation</h2>Economist Ray Dalio has warned of a period of stagflation in the US as well as globally. The inflation forces the Federal Reserve to maintain interest rates, whereas inflation has remained stubbornly stuck between 2 per cent and 4 per cent since 2023. A record 55 per cent of US citizens claim that the economy is deteriorating. According to a Gallup survey, affordability reigns as the dominant financial concern for Americans. While some economists claim that the US has been facing stagflation for some time, now the ugly combination of inflation and recession maximises the pain.&nbsp;“We’re certainly in a stagflationary period,” Dalio said. “How that transpires has a lot of parts to it, but we’re certainly in that.”Also Read: <a href="https://www.wionews.com/world/russia-ursa-major-ship-sinking-nuclear-cargo-spain-1778585101575">Did Russia’s 'ghost ship' Ursa Major sink off Spain coast with nuclear cargo?</a><h2>Political Pressure</h2>The outgoing Fed Chair Jerome Powell will likely be replaced by Kevin Warsh, a Trump nominee who is known for his hawkish nature, but will likely reposition himself to align with Trump’s preference for low rates. Trump faces midterms in the first week of November and is looking to rally his red heartland support, particularly as his campaign has focused on lowering costs. A rate cut will be a high-risk move that could further accelerate price increases. It will provide temporary relief but put the country in a loop of inflation, as energy prices stay high and people will have more money than the available resources, which will weaken the dollar compared to other available currencies. If Warsh implements a regime change policy, this will significantly hurt his credibility. “Everyone’s going to look at how he behaves,” said Dalio to CNBC, “The Federal Reserve would lose its credibility,” he said.<h2> &nbsp;</h2>

The Iran war has intensified economic pressure in the US, pushing inflation to 3.7 per cent, gas prices above $4.5 per gallon, and raising fears of stagflation, economists warn.

The Iran war has increased economic pain in the US, as headline inflation has risen 0.6 per cent from March and for the annual rate has climbed to 3.7 per cent. The energy price shock has pushed the retail gas price in the US to $4.58 per gallon. For the first time in three years, US wage growth is 3.6 per cent has fallen below the headline inflation rate. Brent Crude is trading at $107.6 per barrel. US is looking at a period of stagflation Economist Ray Dalio has warned of a period of stagflation in the US as well as globally. The inflation forces the Federal Reserve to maintain interest rates, whereas inflation has remained stubbornly stuck between 2 per cent and 4 per cent since 2023. A record 55 per cent of US citizens claim that the economy is deteriorating. According to a Gallup survey, affordability reigns as the dominant financial concern for Americans. While some economists claim that the US has been facing stagflation for some time, now the ugly combination of inflation and recession maximises the pain. “We’re certainly in a stagflationary period,” Dalio said. “How that transpires has a lot of parts to it, but we’re certainly in that.” Also Read: Did Russia’s 'ghost ship' Ursa Major sink off Spain coast with nuclear cargo? Political Pressure The outgoing Fed Chair Jerome Powell will likely be replaced by Kevin Warsh, a Trump nominee who is known for his hawkish nature, but will likely reposition himself to align with Trump’s preference for low rates. Trump faces midterms in the first week of November and is looking to rally his red heartland support, particularly as his campaign has focused on lowering costs. A rate cut will be a high-risk move that could further accelerate price increases. It will provide temporary relief but put the country in a loop of inflation, as energy prices stay high and people will have more money than the available resources, which will weaken the dollar compared to other available currencies. If Warsh implements a regime change policy, this will significantly hurt his credibility. “Everyone’s going to look at how he behaves,” said Dalio to CNBC, “The Federal Reserve would lose its credibility,” he said.

The Iran war has intensified economic pressure in the US, pushing inflation to 3.7 per cent, gas prices above $4.5 per gallon, and raising fears of stagflation, economists warn.

Iran war fuels US stagflation fears as inflation rises to 3.7% and gas prices surge

In a significant escalation of diplomatic rhetoric within the region, Qatar’s Prime Minister and Minister of Foreign Affairs, Sheikh Mohammed bin Abdulrahman Al Thani, issued a stern warning regarding the security of global energy corridors. During a high-level security summit in Doha on Tuesday (May 12), the prime minister stated that Iran should not use its strategic position over the Strait of Hormuz to "blackmail" Gulf nations or the international community.The Strait of Hormuz is the world’s most crucial oil transit chokepoint. And approximately one-fifth of the world's total oil consumption passes through the strait daily, making it a primary lever of geopolitical influence. Ever since the war began, the blockade has impacted countries across the globe, including India.&nbsp;<a href="https://www.wionews.com/videos/uae-strikes-iran-report-claims-uae-secretly-struck-iran-during-us-israel-war-escalation-1778585862320/embed">https://www.wionews.com/videos/uae-strikes-iran-report-claims-uae-secretly-struck-iran-during-us-israel-war-escalation-1778585862320/embed</a>&nbsp;&nbsp;"The freedom of navigation is not a bargaining chip," Sheikh Mohammed said during a press conference in Doha. "While we support dialogue and de-escalation, the global energy supply chain cannot be held hostage to political grievances. Using the Strait as a tool for economic or political blackmail undermines the collective security of all Gulf Cooperation Council (GCC) states."&nbsp;Also read: ‘<a href="https://www.wionews.com/india-news/-60-days-of-crude-and-45-days-of-lpg-hardeep-singh-puri-assures-india-has-ample-supply-1778584902413">60 days of crude and 45 days of LPG’: Hardeep Singh Puri assures India has ample supply</a>&nbsp;The comments come amid renewed friction in the Gulf following a series of maritime incidents and stalled nuclear negotiations. By framing the Strait of Hormuz as a "global responsibility", Qatar is positioning itself as a defender of international law rather than just a regional neighbour.&nbsp;While Tehran has yet to issue a formal diplomatic protest, Iranian state media typically maintains that the security of the Persian Gulf is the sole responsibility of regional countries and that the presence of foreign naval forces is the true source of tension. The prime minister concluded his address by urging all parties to return to the "negotiation table without preconditions", while emphasising that Qatar would no longer remain silent if regional trade routes, the lifeblood of the Gulf economies, were threatened by unilateral provocations.

Qatar’s PM warns Iran against using the Strait of Hormuz for "blackmail," marking a shift in Doha's diplomatic tone regarding regional energy security.

In a significant escalation of diplomatic rhetoric within the region, Qatar’s Prime Minister and Minister of Foreign Affairs, Sheikh Mohammed bin Abdulrahman Al Thani, issued a stern warning regarding the security of global energy corridors. During a high-level security summit in Doha on Tuesday (May 12), the prime minister stated that Iran should not use its strategic position over the Strait of Hormuz to "blackmail" Gulf nations or the international community. The Strait of Hormuz is the world’s most crucial oil transit chokepoint. And approximately one-fifth of the world's total oil consumption passes through the strait daily, making it a primary lever of geopolitical influence. Ever since the war began, the blockade has impacted countries across the globe, including India. https://www.wionews.com/videos/uae-strikes-iran-report-claims-uae-secretly-struck-iran-during-us-israel-war-escalation-1778585862320/embed "The freedom of navigation is not a bargaining chip," Sheikh Mohammed said during a press conference in Doha. "While we support dialogue and de-escalation, the global energy supply chain cannot be held hostage to political grievances. Using the Strait as a tool for economic or political blackmail undermines the collective security of all Gulf Cooperation Council (GCC) states." Also read: ‘60 days of crude and 45 days of LPG’: Hardeep Singh Puri assures India has ample supply The comments come amid renewed friction in the Gulf following a series of maritime incidents and stalled nuclear negotiations. By framing the Strait of Hormuz as a "global responsibility", Qatar is positioning itself as a defender of international law rather than just a regional neighbour. While Tehran has yet to issue a formal diplomatic protest, Iranian state media typically maintains that the security of the Persian Gulf is the sole responsibility of regional countries and that the presence of foreign naval forces is the true source of tension. The prime minister concluded his address by urging all parties to return to the "negotiation table without preconditions", while emphasising that Qatar would no longer remain silent if regional trade routes, the lifeblood of the Gulf economies, were threatened by unilateral provocations.

Qatar’s PM warns Iran against using the Strait of Hormuz for "blackmail," marking a shift in Doha's diplomatic tone regarding regional energy security.

Qatar PM warns against Iran using Strait of Hormuz to 'blackmail' Gulf nations

The Ursa Major, a US-sanctioned Russian cargo ship likely carrying two nuclear reactors, sank about 60 miles off the coast of Spain. The ship suffered three explosions on its starboard side. The ship sank in 2024, and the details surrounding it had been shrouded in mystery. While officials listed cargo, such as port cranes and empty containers bound for Vladivostok, a Spanish investigation and a new CNN investigation claim that it was a Western intervention to halt Russia from delivering an upgrade in nuclear technology to North Korea.&nbsp;<h2>The sinking of Russia's ship Ursa Major</h2>The sequence of events leading to the sinking of Ursa Major remains unclear. According to a Spanish investigation, it was sunk using a torpedo, and 14 crew members were rescued by Spanish maritime services; 2 crew members remain missing and are presumed dead. It was being escorted by two Russian military ships, the Ivan Gren and Aleksandr Otrakovsky. It first gave a distress call at 11:53 am UTC on December 23. It said that the vessel had suffered three explosions on its starboard side, likely near its engine room, and it was immobile. The Russian vessels that escorted the Ursa major urged the Spanish rescuer to maintain a distance of two nautical miles, and then the Spanish authorities insisted on helping. They checked the vessel and claimed that it would not sink anytime soon. At 9:50 pm, one of the escorting ships, the Ivan Green, fired red flares and four explosions, and four seismic signatures were recorded. By 11:10 pm, the Ursa Major was reported sunk.Also Read: <a href="https://www.wionews.com/world/currency-swap-lines-china-uae-dollar-dominance-1778576406988">What are currency swap lines? How it is being used to maintain dollar dominance</a><h2>What was the cargo on Russia's ship Ursa Major?</h2>The Russian captain initially claimed that the ship was carrying manhole covers and empty containers. But later, its owner, the state-linked Oboronlogistics, said that it was licensed to carry nuclear materials. &nbsp;He labelled the event a "targeted terrorist attack," citing a 50 cm hole in the hull with metal bent inward. What caught the attention of observers was the activities following its sinking. The Russian spy ship Yantar arrived, and four additional explosions were recorded. The US WC-135R “sniffer” has visited the area a couple of times since the explosions. However, there has been no evidence of a radiation leak at the site yet, but the incident continues to draw international interest.

The Russian cargo ship Ursa Major sank off the coast of Spain after multiple explosions. Investigations suggest the vessel may have been carrying nuclear reactor components linked to North Korea.

The Ursa Major, a US-sanctioned Russian cargo ship likely carrying two nuclear reactors, sank about 60 miles off the coast of Spain. The ship suffered three explosions on its starboard side. The ship sank in 2024, and the details surrounding it had been shrouded in mystery. While officials listed cargo, such as port cranes and empty containers bound for Vladivostok, a Spanish investigation and a new CNN investigation claim that it was a Western intervention to halt Russia from delivering an upgrade in nuclear technology to North Korea. The sinking of Russia's ship Ursa Major The sequence of events leading to the sinking of Ursa Major remains unclear. According to a Spanish investigation, it was sunk using a torpedo, and 14 crew members were rescued by Spanish maritime services; 2 crew members remain missing and are presumed dead. It was being escorted by two Russian military ships, the Ivan Gren and Aleksandr Otrakovsky. It first gave a distress call at 11:53 am UTC on December 23. It said that the vessel had suffered three explosions on its starboard side, likely near its engine room, and it was immobile. The Russian vessels that escorted the Ursa major urged the Spanish rescuer to maintain a distance of two nautical miles, and then the Spanish authorities insisted on helping. They checked the vessel and claimed that it would not sink anytime soon. At 9:50 pm, one of the escorting ships, the Ivan Green, fired red flares and four explosions, and four seismic signatures were recorded. By 11:10 pm, the Ursa Major was reported sunk. Also Read: What are currency swap lines? How it is being used to maintain dollar dominance What was the cargo on Russia's ship Ursa Major? The Russian captain initially claimed that the ship was carrying manhole covers and empty containers. But later, its owner, the state-linked Oboronlogistics, said that it was licensed to carry nuclear materials. He labelled the event a "targeted terrorist attack," citing a 50 cm hole in the hull with metal bent inward. What caught the attention of observers was the activities following its sinking. The Russian spy ship Yantar arrived, and four additional explosions were recorded. The US WC-135R “sniffer” has visited the area a couple of times since the explosions. However, there has been no evidence of a radiation leak at the site yet, but the incident continues to draw international interest.

The Russian cargo ship Ursa Major sank off the coast of Spain after multiple explosions. Investigations suggest the vessel may have been carrying nuclear reactor components linked to North Korea.

Did Russia’s 'ghost ship' Ursa Major sink off Spain coast with nuclear cargo?

In recent decades, the trade between the US and China has grown enormously. Currently, China is one of the largest export destinations for US goods and services and vice versa. The development came after China joined the World Trade Organisation (WTO) in 2001. However, this trade development has brought the loss of American jobs due to import competition, automation, and multinational companies moving manufacturing overseas.&nbsp;Meanwhile, economic tensions between Washington and Beijing have significantly risen over the past 20 years after the US policymakers formulated a progressively assertive course toward China. The development has gone against some of its WTO commitments and taken advantage of gaps in the rules. When China joined the World Trade Organisation, many believed it would gradually become more open, evolve into a freer society, and scale back state control over its economy. However, those anticipated reforms never came to fruition.&nbsp;Trade tensions between the United States and China sharply worsened during President Donald Trump’s first term in 2018, when tariffs triggered a major trade war. Although both sides later signed the Phase One trade deal, many tariffs remained. President Joe Biden retained and expanded several restrictions, particularly on semiconductor exports. In Trump’s second term, tensions escalated further as China imposed export controls on rare-earth minerals. Despite a February 2026 Supreme Court ruling limiting some tariffs, most remain active. A planned meeting between Trump and Chinese President Xi Jinping was postponed to May.<h3>Trade war timeline between the United States and China:</h3><h3>Pre-Trade War: Integration and Growth (1979–2016)</h3>1979: The US and China normalise relations as China seeks to boost international trade and investment under Deng Xiaoping.&nbsp;1986: Beijing formally applies to rejoin the General Agreement on Tariffs and Trade (the predecessor to the WTO).&nbsp;2000–2007: Increased trade with China boosts the annual purchasing power of the average US household by $1,500.&nbsp;December 2001: China officially joins the WTO, committing to economic reforms, tariff cuts, and IP protection. US imports from China sit at approximately $100 billion.&nbsp;The George W. Bush Administration has responded to "dumping" and subsidies the US imposes tariffs on specific Chinese goods and launching high-level trade dialogues. In addition, the Barack Obama Administration has also continued dialogues and uses safeguards to impose tariffs on Chinese tyres. Obama blocks two Chinese acquisitions on national security grounds and negotiates the Trans-Pacific Partnership (TPP) to contain China's trade influence.<h3>The Trump Era: Outbreak of the Trade War (2017–2020)</h3>2017: President Trump withdrew the U.S. from the TPP shortly after taking office.&nbsp;2018: The Trade War begins reaching at the highest point. With the trade deficit hitting a record $377 billion, Trump imposed tariffs on hundreds of billions of dollars worth of solar panels/washing machines and 25 per cent on steel. China retaliates with duties on 128 products, including pork and aluminium.&nbsp;2018 (July–Sept): The trade war goes "all-in." The US imposes 25 per cent tariffs on $50 billion of goods, followed by 10 per cent on $200 billion more. China responds by targeting US soybeans and automobiles.&nbsp;2019: Tariffs on the $200 billion list are raised to 25 per cent. Global markets face extreme volatility.<h3>The "Phase One" Truce (2020–2021)</h3>January 2020: The Phase One Deal was signed. China agrees to buy an additional $200 billion in US goods and services over two years.&nbsp;2020–2021: Due to COVID-19 and logistics disruptions, China only purchased about 58 per cent of the committed amount. The US maintains most tariffs.<h3>The Tech-War &amp; "De-risking" (2022–2024)</h3>The Biden administration shifts the focus from simple trade volumes to national security and high-tech dominance after passing the CHIPS and Science Act in 2022, restricting advanced semiconductor exports to China.&nbsp;2023: The US deficit with China begins to shrink as trade is rerouted through Mexico and Vietnam (often called "near-shoring" or "friend-shoring").&nbsp;2024 (May): Biden significantly escalates specific tariffs on Electric Vehicles (EVs) to 100 per cent, &nbsp;Solar Cells to 50 per cent, Semiconductors to 50 per cent and Steel/Aluminum to 25 per cent.<h3>Radical Escalation &amp; The "Busan Truce" (2025–2026)</h3>The second Trump administration (beginning Jan 2025) launched a massive new wave of protectionism.&nbsp;January 2025: Trump imposes a blanket 145 per cent tariff on nearly all Chinese imports. China retaliates with a 125% tariff on American goods, essentially halting US agricultural exports.&nbsp;October 2025: Following a market crash and global supply chain panic, the two leaders meet in Busan, South Korea. They negotiate a one-year "Busan Truce," lowering US tariffs on Chinese imports from 57 per cent to 47 per cent to stabilise the global economy.&nbsp;Early 2026: Despite the truce, US-China trade continues to decline. Bilateral trade fell by 11% year-on-year in early 2026.&nbsp;Also read: <a href="https://www.wionews.com/world/iran-backs-xi-jinping-s-four-point-proposal-ahead-of-trump-s-china-visit-1778581011682">Iran backs Xi Jinping’s four-point proposal ahead of Trump’s China visit</a>

After China joined the WTO, it was believed that trade would gradually become more open, evolve into a freer society, and scale back state control over its economy. However, those anticipated reforms never came to fruition.

In recent decades, the trade between the US and China has grown enormously. Currently, China is one of the largest export destinations for US goods and services and vice versa. The development came after China joined the World Trade Organisation (WTO) in 2001. However, this trade development has brought the loss of American jobs due to import competition, automation, and multinational companies moving manufacturing overseas. Meanwhile, economic tensions between Washington and Beijing have significantly risen over the past 20 years after the US policymakers formulated a progressively assertive course toward China. The development has gone against some of its WTO commitments and taken advantage of gaps in the rules. When China joined the World Trade Organisation, many believed it would gradually become more open, evolve into a freer society, and scale back state control over its economy. However, those anticipated reforms never came to fruition. Trade tensions between the United States and China sharply worsened during President Donald Trump’s first term in 2018, when tariffs triggered a major trade war. Although both sides later signed the Phase One trade deal, many tariffs remained. President Joe Biden retained and expanded several restrictions, particularly on semiconductor exports. In Trump’s second term, tensions escalated further as China imposed export controls on rare-earth minerals. Despite a February 2026 Supreme Court ruling limiting some tariffs, most remain active. A planned meeting between Trump and Chinese President Xi Jinping was postponed to May. Trade war timeline between the United States and China: Pre-Trade War: Integration and Growth (1979–2016) 1979: The US and China normalise relations as China seeks to boost international trade and investment under Deng Xiaoping. 1986: Beijing formally applies to rejoin the General Agreement on Tariffs and Trade (the predecessor to the WTO). 2000–2007: Increased trade with China boosts the annual purchasing power of the average US household by $1,500. December 2001: China officially joins the WTO, committing to economic reforms, tariff cuts, and IP protection. US imports from China sit at approximately $100 billion. The George W. Bush Administration has responded to "dumping" and subsidies the US imposes tariffs on specific Chinese goods and launching high-level trade dialogues. In addition, the Barack Obama Administration has also continued dialogues and uses safeguards to impose tariffs on Chinese tyres. Obama blocks two Chinese acquisitions on national security grounds and negotiates the Trans-Pacific Partnership (TPP) to contain China's trade influence. The Trump Era: Outbreak of the Trade War (2017–2020) 2017: President Trump withdrew the U.S. from the TPP shortly after taking office. 2018: The Trade War begins reaching at the highest point. With the trade deficit hitting a record $377 billion, Trump imposed tariffs on hundreds of billions of dollars worth of solar panels/washing machines and 25 per cent on steel. China retaliates with duties on 128 products, including pork and aluminium. 2018 (July–Sept): The trade war goes "all-in." The US imposes 25 per cent tariffs on $50 billion of goods, followed by 10 per cent on $200 billion more. China responds by targeting US soybeans and automobiles. 2019: Tariffs on the $200 billion list are raised to 25 per cent. Global markets face extreme volatility. The "Phase One" Truce (2020–2021) January 2020: The Phase One Deal was signed. China agrees to buy an additional $200 billion in US goods and services over two years. 2020–2021: Due to COVID-19 and logistics disruptions, China only purchased about 58 per cent of the committed amount. The US maintains most tariffs. The Tech-War & "De-risking" (2022–2024) The Biden administration shifts the focus from simple trade volumes to national security and high-tech dominance after passing the CHIPS and Science Act in 2022, restricting advanced semiconductor exports to China. 2023: The US deficit with China begins to shrink as trade is rerouted through Mexico and Vietnam (often called "near-shoring" or "friend-shoring"). 2024 (May): Biden significantly escalates specific tariffs on Electric Vehicles (EVs) to 100 per cent, Solar Cells to 50 per cent, Semiconductors to 50 per cent and Steel/Aluminum to 25 per cent. Radical Escalation & The "Busan Truce" (2025–2026) The second Trump administration (beginning Jan 2025) launched a massive new wave of protectionism. January 2025: Trump imposes a blanket 145 per cent tariff on nearly all Chinese imports. China retaliates with a 125% tariff on American goods, essentially halting US agricultural exports. October 2025: Following a market crash and global supply chain panic, the two leaders meet in Busan, South Korea. They negotiate a one-year "Busan Truce," lowering US tariffs on Chinese imports from 57 per cent to 47 per cent to stabilise the global economy. Early 2026: Despite the truce, US-China trade continues to decline. Bilateral trade fell by 11% year-on-year in early 2026. Also read: Iran backs Xi Jinping’s four-point proposal ahead of Trump’s China visit

After China joined the WTO, it was believed that trade would gradually become more open, evolve into a freer society, and scale back state control over its economy. However, those anticipated reforms never came to fruition.

Years of tensions: The complete timeline of the US-China trade conflict

When the UAE threatened to use Chinese currency if it was not given currency swap lines, it was seen as a credible logistical alternative rather than a simple bluff due to existing financial ties with China. The UAE already shares a $4.9 billion (25 billion Yuan) currency swap agreement with China until 2028. Amid economic fragmentation, broader conflict in West Asia, rising oil prices, appreciation of the dollar index, and the potential reorganisation of global economic and financial activity, the stealth erosion of the dollar as global financial reserve has been overlooked. The global use of the dollar as the reserve currency was at 56.32 per cent at the end of Q2 2025. However, the decline of the dollar in global reserve currency has not been accompanied by a rise in the other three among the "big four"-euro, yen, and pound. Rather, it was captured by nontraditional reserve currencies, including the Australian dollar, Canadian dollar, Chinese renminbi, South Korean won, Singaporean dollar, and the Nordic currencies. Now, as US President Donald Trump is heading to Beijing for the Trump-Xi summit, the tension feels palpable, as China continues to use currency swap lines, with over 40 developing countries, to promote the use of its currency, the Renminbi.&nbsp;Also Read: <a href="https://www.wionews.com/world/india-passport-ranking-78th-henley-index-2026-1778569111964">Indian passport slips to 78th in Henley Index; citizens can still travel unrestricted to 56 countries</a><h2>What are currency swap lines, and how does it work?</h2>The currency swap lines are traditional tools that use the exchange of currency between the central banks of two nations, including the dollar, to ensure liquidity in a crisis. The US Federal Reserve will offer dollars to a foreign country's central bank, which in turn offers a comparable amount of its currency. The Foreign Central Bank then disburses it to its banks. When the crisis is over, the banks will return the dollar to their central bank along with a fee and then the central bank will return the dollar along with a fee to retrieve currency from the Fed. However, there is an exclusive group of central banks that hold permanent, standing US dollar liquidity swap lines called the “elite club”, which is often referred to as C6, which forms the backbone of this dollar-dominated financial architecture. These Central Banks include the European Central Bank, the Bank of Japan, the Bank of England, the Bank of Canada and the Swiss National Bank.&nbsp;When the US Treasury Secretary Scott Bessent announced the potential for a US-UAE currency swap line, and similar arrangements with US allies in the Gulf and Asia, the move was seen as a potential to ease strains in the global financial market following the US tensions. It was baffling for many, as the UAE, which has more than $2 trillion in sovereign investment assets and whose central bank holds more than $300 billion in foreign currency reserves, was seeking currency swap lines. The US Treasury &nbsp;Secretary Scott Bessent called these a "financial shield" and the strength of the US dollar primacy. &nbsp;The tool dates back to the 1960s and has been used to stabilise the Mexican economy in the 1980s. The peak usage was in 2008 during the financial crisis, $580 billion, and again during the COVID- 19 crisis, roughly $450 billion in dollar swap lines were used. In any situation where there is a liquidity crisis, the US Federal Reserve uses this as a fire extinguisher and keeps the demand and trade concentrated around the dollar.&nbsp;

As Donald Trump heads to Beijing for the Trump-Xi summit, currency swap lines and China’s renminbi push are reshaping the global financial system and challenging US dollar dominance.

When the UAE threatened to use Chinese currency if it was not given currency swap lines, it was seen as a credible logistical alternative rather than a simple bluff due to existing financial ties with China. The UAE already shares a $4.9 billion (25 billion Yuan) currency swap agreement with China until 2028. Amid economic fragmentation, broader conflict in West Asia, rising oil prices, appreciation of the dollar index, and the potential reorganisation of global economic and financial activity, the stealth erosion of the dollar as global financial reserve has been overlooked. The global use of the dollar as the reserve currency was at 56.32 per cent at the end of Q2 2025. However, the decline of the dollar in global reserve currency has not been accompanied by a rise in the other three among the "big four"-euro, yen, and pound. Rather, it was captured by nontraditional reserve currencies, including the Australian dollar, Canadian dollar, Chinese renminbi, South Korean won, Singaporean dollar, and the Nordic currencies. Now, as US President Donald Trump is heading to Beijing for the Trump-Xi summit, the tension feels palpable, as China continues to use currency swap lines, with over 40 developing countries, to promote the use of its currency, the Renminbi. Also Read: Indian passport slips to 78th in Henley Index; citizens can still travel unrestricted to 56 countries What are currency swap lines, and how does it work? The currency swap lines are traditional tools that use the exchange of currency between the central banks of two nations, including the dollar, to ensure liquidity in a crisis. The US Federal Reserve will offer dollars to a foreign country's central bank, which in turn offers a comparable amount of its currency. The Foreign Central Bank then disburses it to its banks. When the crisis is over, the banks will return the dollar to their central bank along with a fee and then the central bank will return the dollar along with a fee to retrieve currency from the Fed. However, there is an exclusive group of central banks that hold permanent, standing US dollar liquidity swap lines called the “elite club”, which is often referred to as C6, which forms the backbone of this dollar-dominated financial architecture. These Central Banks include the European Central Bank, the Bank of Japan, the Bank of England, the Bank of Canada and the Swiss National Bank. When the US Treasury Secretary Scott Bessent announced the potential for a US-UAE currency swap line, and similar arrangements with US allies in the Gulf and Asia, the move was seen as a potential to ease strains in the global financial market following the US tensions. It was baffling for many, as the UAE, which has more than $2 trillion in sovereign investment assets and whose central bank holds more than $300 billion in foreign currency reserves, was seeking currency swap lines. The US Treasury Secretary Scott Bessent called these a "financial shield" and the strength of the US dollar primacy. The tool dates back to the 1960s and has been used to stabilise the Mexican economy in the 1980s. The peak usage was in 2008 during the financial crisis, $580 billion, and again during the COVID- 19 crisis, roughly $450 billion in dollar swap lines were used. In any situation where there is a liquidity crisis, the US Federal Reserve uses this as a fire extinguisher and keeps the demand and trade concentrated around the dollar.

As Donald Trump heads to Beijing for the Trump-Xi summit, currency swap lines and China’s renminbi push are reshaping the global financial system and challenging US dollar dominance.

What are currency swap lines? How it is being used to maintain dollar dominance

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