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politics

Trump keeps pressure on Iran, says strikes remain possible

US President Donald Trump has cast doubt over a new Iranian peace proposal, even as Washington reviews Tehran’s 14-point plan aimed at ending the conflict. Iran says the ball is now in the US court, while signalling readiness for both diplomacy and confrontation. Meanwhile, violence continues in Lebanon despite a fragile ceasefire, and fresh US troop cut plans in Germany add to uncertainty, keeping the region on edge. Follow all the latest developments here:


08:59 AM, 3 May 2026

Iran condemns Trump’s ‘piracy’ remarks over US naval actions

Iran’s Foreign Ministry spokesman Esmaeil Baghaei condemned US President Donald Trump’s remarks that called the US seizure of Iranian vessels “piracy.”

“The president of the United States has openly described the unlawful seizure of Iranian vessels as ‘piracy,’ brazenly boasting that ‘we act like pirates,'” Baghaei said in an X post.

“This was no verbal slip. It was a direct and damning admission of the criminal nature of their actions against international maritime navigation,” Baghaei added.

Trump on Friday bragged that the US Navy acted “like pirates” in its blockade of Iranian ports. “We took over the ship, we took over the cargo, we took over the oil. It’s a very profitable business,” Trump said at an event in Florida, Xinhua news agency reported.

Baghaei called on the international community, UN member states, and the UN secretary-general to firmly reject any normalisation of such “blatant violations” of international law.

08:26 AM, 3 May 2026

Iranian oil tanker slips past US Navy, reaches Asia-Pacific

A Very Large Crude Carrier (VLCC) belonging to the National Iranian Tanker Company has successfully bypassed the US Navy to reach the Asia-Pacific, transporting over 1.9 million barrels of crude oil with an estimated value of nearly $220 million, according to TankerTrackers.com.

In a post on X, the monitoring firm identified the vessel as “HUGE” and noted that it was last spotted off the coast of Sri Lanka more than a week ago. The tanker is currently reported to be traversing the Lombok Strait of Indonesia, heading towards the Riau Archipelago.

A National Iranian Tanker Company (NITC) VLCC supertanker carrying over 1.9 million barrels (valued at nearly $220 million dollars) of crude oil has managed to evade the U.S. Navy and reach the Far East.

Her name is HUGE (9357183), and we last sighted her off Sri Lanka over a… pic.twitter.com/dBf7QzPVkB

— TankerTrackers.com, Inc. (@TankerTrackers) May 3, 2026

TankerTrackers.com stated that “HUGE” had not transmitted on the Automatic Identification System (AIS) since March 20, following its departure from the Strait of Malacca for Iran. These findings coincide with claims by Iranian state media on April 29 that at least 52 ships had successfully breached the American blockade.


08:13 AM, 3 May 2026

OPEC+ to make first post-UAE production decision

Seven OPEC+ members are meeting Sunday to make their first decision on oil-production quotas since the UAE’s departure from the cartel, which added to the soaring price pressure unleashed by the Mideast war.

The UAE, one of the world’s top producers, announced April 28 it was withdrawing from the Organization of the Petroleum Exporting Countries (OPEC) and the expanded OPEC+ group, after chafing at their production quotas. The withdrawal took effect on Friday.

The production decision itself is already priced in by markets. The seven countries are widely expected to increase their quotas by 188,000 barrels per day (bpd), according to Arne Lohmann Rasmussen, chief analyst at Global Risk Management.

That is similar to a 206,000-barrel daily increase announced in March and April, subtracting the portion allotted to the UAE.


07:45 AM, 3 May 2026

Italy warns Iran against nuclear ‘red line’

Italian Foreign Minister Antonio Tajani expressed deep apprehension regarding the escalating tensions across the Middle East during a telephone conversation with his Iranian counterpart, Abbas Araghchi.

In a statement shared on X on Saturday, Tajani noted that both parties examined the “ongoing conflict in Iran and the situation in the Middle East,” while highlighting the critical necessity of averting a broader escalation.

Ho appena avuto un altro colloquio telefonico con il Ministro degli Esteri iraniano 🇮🇷 @araghchi per fare il punto sul conflitto in Iran e sulla situazione in Medio Oriente.
Ho voluto evidenziare la forte preoccupazione dell’Italia per l’aumento delle tensioni regionali,… pic.twitter.com/eooKODayLY

— Antonio Tajani (@Antonio_Tajani) May 2, 2026

The Italian minister emphasised the urgency of bolstering diplomatic initiatives to reach an accord and advocated for the reopening of the Strait of Hormuz. He cautioned that persistent disruptions to the maritime route could lead to detrimental effects on food security and regional stability, specifically affecting Africa.

Furthermore, he called upon Tehran to exert its influence over Hezbollah to cease strikes against Israel and “to achieve, through negotiation, peace in Lebanon.”

“Italy is increasingly committed to supporting every international effort for peace, keeping channels of dialogue open with all partners and promoting stability in the Middle East,” he added.

Trump warns Iran strikes could resume amid fragile talks

US President Donald Trump said there is a possibility that military strikes against Iran can be resumed. Speaking to reporters as he boarded Air Force One in South Florida, Trump said renewed military action remained on the table.

“If they misbehave, if they do something bad, but right now, we will see. It’s a possibility that could happen, certainly,” Trump said when asked about restarting strikes on Iran.

The president also commented on Iran’s latest proposal to the United States, saying talks were progressing despite uncertainty within Tehran’s leadership.

“Doing very well with regard to just about everything, but doing very well with regard to Iran. Again, they want to make a deal, they’re decimated. They’re having a hard time figuring out who their leader is. Uh, they don’t know who their leader is because their leader’s gone,” Trump said.

Trump further indicated that Washington still wants to target the remaining portion of Iran’s missile-production capabilities.

He said, “Well, I’d like to eliminate it, yeah, I’d like to. It’d be a start for them to build up again. And yeah, I would like to eliminate it.”

06:15 AM, 3 May 2026

Trump casts doubt on new peace proposal

US President Donald Trump said he would review a new Iranian peace deal but cast doubt over its prospects, as Iranian media reported Tehran had submitted a 14-point proposal to mediator Pakistan.

“I will soon be reviewing the plan that Iran has just sent to us, but can’t imagine that it would be acceptable in that they have not yet paid a big enough price for what they have done to Humanity, and the World, over the last 47 years,” Trump said on his Truth Social platform.

Iran’s Tasnim and Fars news agencies said Iran had submitted a 14-point proposal. It reportedly includes ending the conflict on all fronts and enacting a new framework for the crucial Strait of Hormuz, according to Tasnim.

05:36 AM, 3 May 2026

Tehran outlines 14-point plan, seeks sanctions relief and troop withdrawal

A 14-point response to a proposal from the United States has been submitted by Tehran, state media outlet Tasnim news agency reported.

The Iranian proposal, which was reportedly delivered via a Pakistani intermediary, calls for “ending the war on all fronts, including Lebanon,” according to Tasnim.

While the US reportedly proposed a two-month ceasefire, Tasnim noted that Tehran maintains “that the issues should be resolved within 30 days” and insists that diplomatic efforts must prioritise the “termination of the war” as opposed to simply extending a ceasefire.

The Iranian document follows a nine-point US proposal and covers various topics, including guarantees against military aggression and the withdrawal of US military forces from the region surrounding Iran.

The response further stipulates the release of frozen Iranian assets, the removal of sanctions, and the introduction of a “new mechanism for the Strait of Hormuz.”

Iran’s state broadcaster, Islamic Republic of Iran Broadcasting (IRIB), quoted Deputy Foreign Minister Kazem Gharibabadi, who stated that the proposal was “aimed at the permanent end” of the conflict.

“Now the ball is in the United States’ court to choose either the path of diplomacy or continuation of a confrontational approach,” Gharibabadi said.

GN

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People

David Attenborough, ‘the voice for nature,’ turns 100

 Britain’s David Attenborough, who has for decades been the world’s most authoritative voice on the natural world and whose documentaries have been watched by hundreds ​of millions, will on Friday celebrate his 100th birthday.

After more than 70 years of film-making, Attenborough’s instantly recognisable voice is synonymous with the story of ‌nature. He is still at the vanguard of efforts to protect the environment and has produced some of his most impactful work in recent years.

Counting Britain’s royal family, Barack Obama and pop star Billie Eilish among his admirers, Attenborough’s charisma, humour and warmth, alongside the depth of his knowledge and his flair for storytelling, have made him a broadcasting superstar.

“Your ability to communicate the beauty and vulnerability of our natural environment ​remains unequalled,” was how the late Queen Elizabeth summed up his achievements in 2019.

‘LONESOME GEORGE’ AND THE FRAGILE ENVIRONMENT

Attenborough’s films have communicated the wonder and also the tragedies ​of the natural world to viewers across the globe.

Standout scenes include his encounter with two playful young mountain gorillas who clambered onto him ⁠during his landmark 1979 series “Life on Earth”.

He also made his audience marvel at the teamwork of a pod of orcas hunting a seal by creating waves to break up ice, ​and his telling in 2012 of the story of “Lonesome George”, the last surviving Pinta Island tortoise, moved people to tears.

“He’s about 80 years old, and getting a bit creaky in his ​joints – as indeed am I,” Attenborough, then 86, said.

George’s death, two weeks after he was filmed, marked the extinction of his species.

“He’s focused the attention of the world on the fragility of our environment,” Attenborough said at the time.

While Attenborough has topped numerous national popularity polls, being named the country’s most admired man and the greatest living British cultural icon, friends say he rolls his eyes when he is labelled a “national ​treasure”.

“What he feels is that he’s a public servant. He feels that he had the unique opportunity to be the voice for nature, to tell everybody about the wonders of ​nature,” Mike Gunton, a television producer who has worked with Attenborough many times, told Reuters.

As climate change has accelerated and the threat to much of the world has become more urgent, Attenborough devoted much of ‌his 90s ⁠to raising public awareness.

His 2017 blockbuster “Blue Planet 2”, which highlighted the scourge of plastic in the ocean, achieved some of the highest viewing figures on British television before being sold to broadcasters around the world.

Albatrosses unwittingly feeding their chicks plastic fished from the ocean jolted public opinion and led the British government and major retailers to announce measures to reduce the use of plastics.

“I think every single person who’s seen anything that Sir David has done has been inspired to care about nature,” said Doug Gurr, director of the Natural History Museum in London.

SPECIAL ​BBC BROADCASTS AND EVENTS

In Britain, Attenborough’s centenary ​is being marked with a week of ⁠special broadcasts on the BBC, a live concert at the Royal Albert Hall, events at museums, nature walks and tree planting.

The broadcasts include his new series “Secret Garden”. At 99, he remains heavily involved in programme-making, say BBC colleagues, driven by his enduring curiosity and joy of ​storytelling.

“That’s typical David. He makes everything really enjoyable,” said Mike Salisbury, who has worked as a producer on several Attenborough documentaries.

Born on ​May 8, 1926, Attenborough spent ⁠his childhood collecting fossils, insects and dried seahorses.

His BBC career took off in 1954 when he presented “Zoo Quest”, which involved him travelling to far-flung parts of the world and bringing animals back to London Zoo.

By the 1970s he had risen to be programme controller at the broadcaster but decided he wanted to return to making nature documentaries.

Screened in 1979 when he was 52, “Life on Earth” ⁠made him ​a household name. He wrote the entire 13-hour script and travelled the world for three years to tell the ​story of evolution from simple organisms to humans.

Dozens of documentaries followed, including “Blue Planet,” “Frozen Planet” and “Dynasties”. As the decades passed, his sense of the need to act only increased.

“How could I look my grandchildren in the eye and say ​I knew what was happening to the world and did nothing?” Attenborough said.

Reuters

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politics

UAE, Saudi report drone incidents as Iran war drags on

A drone strike caused a fire at a nuclear power plant in the ​United Arab Emirates, officials there said on Sunday, while Saudi Arabia reported intercepting three drones, as U.S. President Donald Trump warned that Iran must act “fast” after efforts to ‌end the U.S.-Israeli war with Iran appeared to have stalled.

Emirati officials said they were investigating the source of the strike and that the UAE had the full right to respond to such “terrorist attacks.” A diplomatic adviser to the UAE president said it represented a dangerous escalation, whether carried out by “the principal perpetrator” or one of its proxies.

The UAE defense ministry said two other drones had been “successfully” dealt with, and that the drones had been launched from the “western ​border.” It did not elaborate.

Saudi Arabia said the three drones it intercepted entered from Iraqi airspace and warned that it would take the necessary operational measures to respond to ​any attempt to violate its sovereignty and security.

While hostilities during the Iran conflict have largely been scaled down since a ceasefire came into effect ⁠in April, drones have been launched from Iraq towards Gulf countries, including Saudi Arabia and Kuwait.

The drone that got through the UAE’s defenses hit an electrical generator outside the inner perimeter of the Barakah ​Nuclear Power Plant, the Abu Dhabi Media Office said. Radiological safety levels were unaffected and there were no injuries, it said. UAE’s Federal Authority for Nuclear Regulation later confirmed that the plant remained safe, ​with no radioactive material released from the strike.

The International Atomic Energy Agency said emergency diesel generators were providing power to the plant’s “unit 3,” and called for “maximum military restraint” near any nuclear power plant, adding that it was following the situation closely.

During the war that began with U.S. and Israeli strikes against Iran on February 28, Iran has repeatedly targeted the UAE and other Gulf states that host U.S. military bases, hitting sites that include civilian ​and energy infrastructure.

Iran stepped up such attacks on the UAE earlier this month after Trump announced a naval mission to try to open the Strait of Hormuz, which Trump suspended after 48 hours.

DIPLOMATIC ​DEADLOCK

More than five weeks after a tenuous ceasefire in the conflict took effect, U.S. and Iranian demands remain far apart despite diplomatic efforts to end the war and reopen the strait, the world’s most important ‌shipping route for ⁠oil and gas.

Washington has called for Tehran to dismantle its nuclear program and lift its hold on the strait. Iran has demanded compensation for war damage, an end to a U.S. blockade of Iranian ports and a halt to fighting on all fronts, including in Lebanon, where Israel is battling Iran-backed Hezbollah.

Trump, whose harsh rhetoric has failed to break the stalemate, said in a post on Truth Social: “For Iran, the Clock is Ticking, and they better get moving, FAST, or there won’t be anything left of them. TIME IS OF THE ESSENCE!”

Trump is expected to meet top national security advisers ​on Tuesday to discuss options for military action ​regarding Iran, Axios reported.

Trump held talks with Chinese President ⁠Xi Jinping this week without securing an indication from China that it would help resolve the conflict and has previously threatened to resume attacks if Iran does not agree to a deal.

A senior spokesperson for the Iranian armed forces, Abolfazl Shekarchi, said on Sunday that if Trump’s threats were ​carried out, the U.S. would “face new, aggressive, and surprise scenarios, and sink into a self-made quagmire”.

Iranian foreign ministry spokesperson Esmaeil Baqaei said the ​U.S. and Israel had ⁠tried to shift the blame for destabilizing energy markets following their “unprovoked military aggression against Iran”.

RIVAL BLOCKADES

The disruption to shipping through the Strait of Hormuz has caused the biggest oil supply crisis in history, pushing up prices. The U.S. has imposed its own blockade of Iranian ports, and said that as of Sunday it had redirected 81 commercial vessels and disabled four vessels to ensure compliance.

Ebrahim Azizi, who heads the Iranian ⁠parliament’s national security ​committee, said on Saturday that Tehran had prepared a mechanism to manage traffic through the strait along a designated ​route that would be unveiled soon.

Thousands of Iranians were killed in the U.S. and Israeli airstrikes. Thousands more have been killed in Lebanon in fighting between Israel and the Iran-backed group Hezbollah.

Israel and Lebanon agreed on Friday to a 45-day extension ​of a ceasefire there, though the truce has failed to end clashes.

Reuters

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politics

What if disruption in Strait of Hormuz never ends?

For months, governments, businesses and financial markets treated the disruption in the Strait of Hormuz as a temporary crisis that would eventually ease through diplomacy or military de-escalation.

Moody’s Ratings is now warning the world may need to think differently.

In a new report, the ratings agency said the disruption to one of the world’s most important energy shipping routes is increasingly looking less like a short-term shock and more like a structural risk that could reshape global trade, energy markets and economic planning well beyond 2026.

The warning marks a shift in tone from earlier assessments that viewed the crisis mainly as a temporary supply disruption.

“We now have a single, central scenario which assumes a prolonged and significant disruption to the Strait of Hormuz through autumn,” Moody’s said.

Strait still vital to the world

The Strait of Hormuz handles around one-fifth of global crude oil and liquefied natural gas flows, making it one of the world’s most critical trade chokepoints.

But shipping through the route has fallen by more than 90 per cent from pre-conflict levels as insurers raise premiums, shipping companies avoid the area and concerns over sea mines continue to disrupt navigation.

The conflict itself may dominate headlines, but Moody’s said the larger issue is what happens if the disruption simply drags on for months.

That could mean permanently higher shipping costs, more expensive energy, slower trade flows and new supply chain strategies as companies and governments adjust to prolonged instability in the Gulf.

“Global shipping routes are being structurally rewired,” Moody’s said. The agency said countries are increasingly turning to non-Gulf suppliers, alternative pipeline routes and regional trade systems to reduce reliance on the Strait.

Higher oil prices now a norm?

Moody’s now expects Brent crude prices to remain between $90 and $110 a barrel for much of this year, significantly above earlier expectations.

For consumers, that could mean prolonged pressure on fuel prices, airfares, transport costs and inflation. “Persistently higher energy prices will lead to increases in inflation and production costs, limiting household purchasing power,” Moody’s said.

The agency warned that even if a ceasefire or political agreement is reached, a return to normal conditions would still take time because shipping backlogs, tanker repositioning and insurance systems would need months to stabilise.

The report also suggested that some changes triggered by the crisis may not reverse at all. “Some structural shifts in supply chain design, risk premiums and defense spending will probably be permanent,” Moody’s said.

Airlines, manufacturing risks

Industries that rely heavily on fuel and transport are among the sectors most exposed if elevated oil prices continue.

Moody’s identified airlines, chemicals and building materials companies as facing the “most acute pressure” because of high operating costs and limited ability to pass rising expenses onto customers.

Consumer sectors including retail, hospitality and manufacturing could also come under strain if households reduce spending in response to higher living costs.

“Airlines, building products and chemicals face the most acute pressure,” Moody’s said. At the same time, some sectors could benefit from the changing environment.

Energy producers outside the Gulf region and aerospace and defence companies are expected to gain from higher oil prices and increased geopolitical tensions.

Asia faces the biggest challenge

The report said Asian economies remain among the most vulnerable because of their dependence on Middle Eastern energy imports.

India was identified as one of the most exposed major economies because around 46 per cent of its crude oil imports come from the Middle East.

Japan and South Korea were also described as highly vulnerable despite holding large emergency reserves, while China could face pressure on industrial profitability even with state-controlled pricing and large stockpiles.

“At sustained Brent prices of $90–$110/bbl, we estimate real GDP growth reductions of 0.2–0.8 percentage point for several major economies,” Moody’s said.

Crisis world may have to adapt to

Perhaps the biggest message from the Moody’s report is that the global economy may no longer be waiting for the Strait of Hormuz crisis to end quickly.

Instead, governments, businesses and investors are increasingly preparing for the possibility that disruption, higher costs and geopolitical risk in one of the world’s most important trade routes could become part of the global economic landscape for the foreseeable future.

GN

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