Strait of Hormuz in Tehran

Iran diplomacy

Pezeshkian invokes Iran-Iraq War symbol as U.S. talks continue

A counterterrorism expert said the Iranian president’s Khorramshahr reference mapped a wartime sacrifice narrative onto current tensions with the U.S. and Israel

U.S.-Iran talks

Iran says U.S. deal is taking shape, but obstacles remain

Tehran says many points have been settled but no signing is imminent, as Trump and Rubio signal optimism over a possible pact to end the war and reopen the Strait of Hormuz

Powder Keg on the Verge of Explosion:

Does Tehran View Trump's Proposal as More Devastating Than War?

Tehran says Pakistan-mediated exchanges are continuing, while Trump warns the U.S. is ready to move quickly if Iran does not provide what he called the “right answers

Iran-U.S. Ceasefire Talks

Iran Reviews U.S. Ceasefire Plan as Hormuz Fighting Tests Truce

Tehran has not formally answered Washington’s latest proposal, which links sanctions relief and access to the Strait of Hormuz to sweeping nuclear limits

Iran conflict

Iran says war has cost two million jobs as Hormuz disruption bites

A weakly captured live-update summary points to a continuing U.S.-Iran standoff in the Strait of Hormuz, while BBC reporting details widening layoffs across Iran’s economy

IMF sees deep contraction as blockade bites

IMF projects Iran’s economy will shrink 6.1% in 2026 as inflation soars and rial slides

War damage, a near-shutdown of the Strait of Hormuz and tightening sanctions have cut Iran off from trade, pushing prices higher and the currency to about 1.32 million rials per U.S. dollar, according to IMF and analyst estimates