#Usiranconflict2026

As the blockade of the Strait of Hormuz chokes off essential raw materials, Japan’s top crisp maker is stripping the colour from its iconic bags to keep production lines running.

Iran's Foreign Minister Abbas Araghchi struck back sharply on Friday, accusing Washington of choosing confrontation over conversation. Araghchi said in a post on X that Iran would never yield to pressure, and that the US opts for a "reckless military…

A subsequent phone call between Trump and Saudi Crown Prince Mohammed bin Salman failed to bridge the differences, forcing the US to pause the operation.

Strait of Hormuz rules tightened as Iran mandates transit permits and email clearance system amid escalating tensions with the US and Trump’s warning.

From Washington rejecting Tehran’s peace proposal and extending the Hormuz standoff, and Trump sidestepping Congressional limits at home, to the UAE’s exit from OPEC, here is a look at the key global developments this week.