
The Quad partners unveil a $20 billion minerals framework to counter China and address maritime security concerns in West Asia.
US President Donald Trump said a peace deal with Iran was nearing completion and that the reopening of the strategic Strait of Hormuz would be announced shortly, even as an Iranian media outlet cast doubt on the claim.

“Access now depends on where you stand with Tehran, whether you are willing to comply with its rerouting demands, and whether you have quietly negotiated your place in the new order.”

Addressing concerns over global energy markets, Bessent acknowledged a shortfall of up to 10 million barrels per day due to the crisis but expressed confidence that supply would stabilise