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Pakistan Extends Nationwide Austerity Drive Until June 13 as U.S.-Iran Talks Collapse
International
Pakistan Extends Nationwide Austerity Drive Until June 13 as U.S.-Iran Talks Collapse

Pakistan has extended its nationwide austerity drive until June 13, 2026, after U.S. President Donald Trump rejected Iran's peace proposal. Fuel cuts, vehicle restrictions, and salary reductions remain in force as Islamabad navigates an energy crisis rooted in the West Asia conflict.

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Iran Warns of Ceasefire Breach as United States Launches 'Project Freedom' to Guide Ships Through Strait of Hormuz International
Iran Warns of Ceasefire Breach as United States Launches 'Project Freedom' to Guide Ships Through Strait of Hormuz

Iran has warned the United States that its newly launched naval operation, dubbed "Project Freedom," in the Strait of Hormuz constitutes a ceasefire violation, as President Donald Trump deploys guided-missile destroyers, 100-plus aircraft, and 15,000 service members to guide stranded ships out of the blocked waterway.

U.S. Launches 'Project Freedom' to Guide Stranded Ships Out of the Strait of Hormuz International
U.S. Launches 'Project Freedom' to Guide Stranded Ships Out of the Strait of Hormuz

The United States has launched "Project Freedom" on May 4, 2026, a military-backed maritime operation to guide stranded commercial vessels out of the Strait of Hormuz amid the ongoing U.S.-Iran conflict. Announced by President Donald Trump and confirmed by U.S. Central Command, the mission deploys 15,000 service members, guided-missile destroyers, and over 100 aircraft to restore freedom of navigation through one of the world's most critical shipping chokepoints. The strait, which once carried 25% of the world's seaborne oil trade, has seen traffic collapse to just 5% of pre-war levels since March 2026, stranding approximately 20,000 seafarers and sending global oil prices above $120 per barrel. Framed as a humanitarian operation under U.S. constitutional authority, Project Freedom carries significant implications under international maritime law. Iran has warned the move could constitute a ceasefire violation, while diplomatic negotiations between Washington and Tehran continue in parallel.

U.S. Naval Blockade of Iranian Ports Remains in Effect as Trump Rules Out Strait of Hormuz Tolls, Conditions Deal on Nuclear Commitment International
U.S. Naval Blockade of Iranian Ports Remains in Effect as Trump Rules Out Strait of Hormuz Tolls, Conditions Deal on Nuclear Commitment

U.S. blockade of Iranian ports continues as Donald Trump rejects Hormuz tolls, ties peace deal to Iran’s nuclear commitment amid ongoing talks.

Explained: Here’s the Full List of Iran’s 10-Point Proposal Behind the U.S.-Iran Ceasefire International
Explained: Here’s the Full List of Iran’s 10-Point Proposal Behind the U.S.-Iran Ceasefire

Here’s the full 10-point proposal by Iran driving U.S.-Iran ceasefire talks, including sanctions relief, nuclear rights, and Hormuz control.

UN Security Council to Vote on Defensive Measures in Strait of Hormuz

UN Security Council to vote on defensive measures in Strait of Hormuz amid Iran tensions, balancing maritime security, global oil trade, and international law.

Government Cuts Excise Duty on Petrol, Diesel by ₹10/Litre Amid Global Oil Price Surge

India cuts excise duty on petrol and diesel by ₹10/litre as global crude crosses $100, aiming to ease pressure on fuel prices and OMC losses.

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