Iran wants the US to release its frozen assets as part of talks. The money could help it rebuild its battered economy.
![Al Jazeera’s Marah Rayan breaks down why the US blockade on the Strait of Hormuz is deepening an energy crisis that is driving up costs for everyone. [Al Jazeera]](/wp-content/uploads/2026/04/image-1776197399.jpg?resize=770%2C513&quality=80)
Sharif pushing to restart US-Iran talks as Trump says negotiations could resume in Pakistan in next two days.
Higher global inflation forecast at 4.4 percent, up 0.6 points, driven by surging oil, gas and fertiliser costs.
UN Secretary-General Antonio Guterres says it’s “highly probable” talks to end the US-Israel war on Iran will resume.
A US move to block the strait has intensified a broader struggle over who controls access and under what terms.
The US reportedly wants Iran to stop enriching for 20 years. Iran has agreed to five years. Here’s why that matters.
Iran earned $5bn in oil exports in past month while it shut the strait for most other ships. That revenue is at risk.
Ship-tracking data shows 279 ships have passed through the strait and 22 have been attacked since the war on Iran began.
Israel and Lebanon hold first direct talks since 1993, but Hezbollah’s rejection threatens the US-brokered effort.
Iran’s Foreign Ministry spokesman says the move aims to ‘suppress the truth about their illegal war on Iran’.
Chinese-owned tanker Rich Starry becomes the first sanctioned vessel to exit the Gulf after the US blockade.
