iran warlatest news & developments
Children wade in the water with cargo ships at anchor in the background and a fisherman nearby, in the Strait of Hormuz off Bandar Abbas, Iran, Tuesday, June 30, 2026. (Amirhosein Khorgooi/ISNA via AP,File)

Mediators see progress in diplomatic efforts in Iran

A lull in US-Iran fighting boosts diplomatic efforts, though tensions over Hormuz and Iran’s nuclear programme remain

A woman walks past a mural depicting a portrait of the late Iranian Supreme Leader Ayatollah Ali Khamenei, who was killed in the U.S. and Israel strike on Feb. 28, in downtown Tehran, Iran, Saturday, July 18, 2026. (AP Photo/Vahid Salemi)

US expands Iran strikes while diplomacy stalls

The US military says it has completed 11 nights of strikes on Iran, as attacks overshadow diplomacy

Three boys play in the shallow waters of the Strait of Hormuz, as a plume of smoke rises from an explosion in the background, off Bandar Abbas, Iran, Monday, July 13, 2026. (Razieh Poudat/ISNA via AP)

US, Iran trade claims over control of Strait of Hormuz

US and Iran have each asserted that they control the Strait of Hormuz after another heavy exchange of fire

Commercial vessels are seen in the Strait of Hormuz off Bandar Abbas, Iran, Tuesday, June 30, 2026. (Amirhosein Khorgooi/ISNA via AP)

Oil spikes as Trump declares Iran agreement ‘over’

Fresh Iran-US strikes and Trump’s ceasefire comments have lifted oil prices and revived fears of conflict in the region

inflation rate hikes. Rawpixel/Currency

May’s inflation print just made SARB’s next rate call harder

May’s 4.5% inflation print keeps a July rate hike possible, but easing oil prices and an Iran deal may give the SARB room to pause

A woman waves an Iranian flags as she chants slogans against Iran and U.S. talks at the Islamic Revolution square in Tehran, Iran, Sunday, June 14, 2026. (AP Photo/Vahid Salemi)

US-Iran reach tentative peace deal

A shaky deal has been put in place to end the Iran war, and US President Donald Trump has ordered a stop to the US naval blockade

Picture: Pexels/Ann Tarazevich

The risk beneath the rally

What is the impact of war, oil prices and geopolitical uncertainty on the global economy – and what it could mean for South Africa’s recovery?

Reserve Bank governor Lesetja Kganyago. Gallo Images/Fani Mahuntsi

Why the SARB should hike rates on Thursday  

Higher oil prices, rising inflation and the rand: South Africans need to brace for a 25-basis-point rate hike

Leaking oil barrel. Rawpixel/Currency

If the oil runs out …

The oil market will run out of road by early August. Which means we need a diplomatic solution to Iran – fast

President Donald Trump walks down the stairs of Air Force One upon his arrival at Joint Base Andrews, Md., Friday, May 15, 2026. (AP Photo/Luis M. Alvarez)

Trump calls off strike on Iran

The US president says he’s called off a strike planned for Tuesday at the request of Gulf allies, but warns the military to be prepared for full, large-scale assault

People walk past a mural depicting a U.S. aircraft carrier under missile attack in downtown Tehran, Iran, Sunday, May 17, 2026. (AP Photo/Vahid Salemi)

Trump says ‘clock is ticking’ for Iran

The US and Iran have both signalled that they’re prepared to return to war

President Donald Trump participates in a welcome ceremony with China’s President Xi Jinping at the Great Hall of the People, Thursday, May 14, 2026, in Beijing. (AP Photo/Mark Schiefelbein)

Xi plays hardball on Taiwan

Trump’s historic visit to China saw the US president offer platitudes while Xi took a hard line on Taiwan, warning that differences could lead to conflict

manufacturing. rawpixel/currency collage

Factory floor: the manufacturing recovery that may never be

March’s economic data provides a sense of things looking up. It belies the actual state of the manufacturing sector

Defence Secretary Pete Hegseth testifies at a Senate Appropriations subcommittee on defense hearing on the budget request for the Department of Defense, Tuesday, May 12, 2026, in Washington. (AP Photo/Alex Brandon)

Hegseth gets grilling on Trump’s $29bn war

Republican and Democrat lawmakers have questioned the US defence secretary about the Trump administration’s end game for the Iran war

A man waves an Iranian flag for a pro-government campaign under a billboard with graphic showing Strait of Hormuz and sewn lips of U.S. President Donald Trump in a square in downtown Tehran, Iran, Wednesday, May 6, 2026. (AP Photo/Vahid Salemi)

Trump says Iran ceasefire is on ‘life support’

The US and Iran remain far apart in reaching a diplomatic solution to the conflict, with the US president called an Iranian proposal ‘a piece of garbage’

China Iran. Wikimedia Commons / Rawpixel / Currency collage

China has played a key role in the Iran war – and will continue to do so

China has kept Iran’s economy afloat and used its diplomatic power to push for peace. But it’s also hedging its bets

Oil tankers sit at anchor offshore in the Strait of Hormuz off Bandar Abbas, Iran, Saturday, May 2, 2026. (Amirhosein Khorgooi/ISNA via AP)

Trump administration sows confusion as it tries to reopen Strait of Hormuz

The US’s messaging is pinballing from declarations that the ceasefire is holding, to threats of new bombing

Secretary of State Marco Rubio leaves the room after speaking to the media in the James Brady Press Briefing Room of the White House, Tuesday, May 5, 2026, in Washington. (AP Photo/Jacquelyn Martin)

US calls on China to help open the Strait of Hormuz

Trump advisers have stepped up their calls on China to help open the all-important waterway ahead of the Trump-Xi Beijing summit

A bulk cargo ship sits at anchor in the Strait of Hormuz off Bandar Abbas, Iran, Saturday, May 2, 2026.(Amirhosein Khorgooi/ISNA via AP)

Truce under pressure as US fires on Iranian forces

The US fights to reopen the Strait of Hormuz as the UAE comes under attack in a test of Iran truce

A man stands in the water, appearing to fish, as bulk carriers, cargo ships, and service vessels line the horizon in the Strait of Hormuz off Bandar Abbas, Iran, Monday, April 27, 2026.(Razieh Poudat/ISNA via AP)

US to ‘guide’ stranded ships from Hormuz

US President Donald Trump says the US will ‘guide’ stranded ships from the Strait of Hormuz, starting Monday