Iran War

Latest news & developments

Smoke rises from explosions following what the US military says were strikes on Iran in response to their drone strikes in the Strait of Hormuz last month. Picture:

Iran expands Gulf attacks as fighting with US threatens Strait of Hormuz shipping

Renewed strikes deepen fears over oil supplies and regional stability

Reuters

Mineral & petroleum resources minister Gwede Mantashe. Picture:

Mantashe aims for 60-day strategic fuel reserve buffer against shocks

Government seeks larger petroleum stockpile as geopolitical risks intensify

Thando Maeko

Emergency responders assisted by other people and heavy machinery inspect the site of an Israeli strike in Saksakiyeh, Lebanon, on May 9 2026. Picture:

Iran says it has responded to US proposal to end war

LNG tanker passes Hormuz safely as ceasefire strains and diplomacy stalls

Reuters

Ships and tankers in the Strait of Hormuz on April 18, 2026. Picture:

Trump accuses Iran of ‘total violation’ of ceasefire and threatens new attacks

US president again threatens to destroy power plants and bridges unless it accepts terms

Reuters

International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during a press briefing with International Monetary and Financial Committee (IMFC) Chair and Saudi Arabia's Minister of Finance Mohammed Al‑Jadaan at the IMF/World Bank 2026 Spring Meetings in Washington, D.C., U.S., April 17, 2026. REUTERS/Elizabeth Frantz

IMF and World Bank meetings reveal limitations in global shock mitigation

'The single most important development in the global economy happened between the US and Iran'

Reuters

US President Donald Trump at the White House in Washington, DC, the US, on April 1 2026. Picture: REUTERS

Deadline is final, says Trump after Iran shuns ceasefire plan

US president threatens to ‘rain hell’ on Tehran if Strait of Hormuz is not reopened on Tuesday

Reuters