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A UN Security Council draft resolution calling for freedom of navigation through the Strait of Hormuz has attracted 112 co-sponsors, led by Bahrain and the United States. The move reflects global concern over the closure of one of the world's most critical shipping lanes amid the stalled Iran-US peace talks.
The US government announced that Washington and Beijing have reached an agreement prohibiting any party from imposing transit fees in the Strait of Hormuz, aiming to safeguard freedom of navigation in this strategic waterway. The two nations pledged to cooperate in preventing unilateral fees or restrictions, a move seen as easing trade tensions and protecting global energy security.
US President Donald Trump has departed for Beijing to meet with Chinese President Xi Jinping, as the Trump administration sends mixed signals on whether the Iran war will dominate the agenda, while trade takes center stage. Trump's comments have been contradictory, first saying there would be a 'long discussion' on Iran, then downplaying its importance.
President Donald Trump reaffirmed his support for Pakistan's role as a mediator between Iran and the U.S., despite criticism from Senator Lindsey Graham, a close ally. Graham questioned Pakistan's reliability after a report claimed Islamabad allowed Iran to park military assets at its airports to avoid potential strikes. Trump praised Pakistani leaders as 'fantastic' and said he would not reconsider their mediating role.
Serbia and NATO have launched their first joint military exercise, a landmark event nearly 30 years after the alliance bombed Belgrade. The two-week drill involves 600 troops from Serbia, Italy, Romania, and Turkey, and is part of NATO’s Partnership for Peace program.
eBay has rejected GameStop's $56 billion takeover offer, deeming it 'unreliable and unattractive.' GameStop CEO Ryan Cohen, who owns a 5% stake in eBay, is considering taking the bid directly to shareholders.
Kuwait said it arrested four men accused of being members of Iran's Islamic Revolutionary Guard Corps after they attempted to illegally enter Bubiyan Island by sea on May 1, injuring a Kuwaiti soldier. The Interior Ministry stated the men confessed to being tasked by the IRGC. Kuwait condemned the incident as a flagrant sovereignty violation and summoned Iran's ambassador.
Hezbollah leader Hassan Nasrallah vowed to turn the battlefield into hell for Israel and warned of a strong response to any Israeli provocations. The statement came amid rising tensions along the Lebanon-Israel border, with increased clashes in recent weeks. Analysts say the threat could escalate the risk of a broader regional conflict.
US President Donald Trump and Chinese President Xi Jinping are set to meet in Beijing amid revived talk of a 'G2' superpower bloc. The summit, postponed since March due to the US-Iran war, faces tensions over trade, the Strait of Hormuz, and Taiwan.
