October 15, 2026 9:45 AM

Two ships sink near Hormuz after being hit by projectiles amid surge in attacks

A ​container ship and a dry bulk carrier have both sunk near the Strait of Hormuz in the past ‌24 hours after being hit by projectiles in separate incidents, maritime officials said on Wednesday. Attacks around the waterway have surged over the past 10 days, with Iran saying it is stepping up strikes in response to the US blockade of its ports and tougher sanctions introduced last month. The Singapore-flagged GFS Pride, ​a small container vessel with a capacity of 2,824 20-foot equivalen...

June 7, 2026 10:38 AM

US eyes Iranian assets for Gulf allies’ reconstruction

The U.S. government will attempt to redirect Iranian assets to Gulf states for rebuilding and repairs of damage caused by Iran, a source familiar with the matter said, as Tehran followed up a wave of strikes against Kuwait and Bahrain with further drone launches. U.S. Treasury Secretary Scott Bessent has directed a team to assess costs for damages already inflicted on Gulf allies by Iran, the source said, adding that the U.S. will consider using Iranian assets for repairs ofany future destructi...

May 1, 2026 1:02 PM

Iran to participate in 2026 World Cup, confirms FIFA chief Infantino

FIFA president Gianni Infantino has confirmed that Iran will participate in the upcoming 2026 World Cup, to be co-hosted by the United States, Mexico, and Canada, despite recent tensions involving Israel and the United States. Infantino made the announcement during his inaugural address at the 76th FIFA Congress in Vancouver, Canada. FIFA also shared a video on social media featuring excerpts from his speech. In his opening remarks, Infantino highlighted football’s unique power to build brid...