Middle East crisis live: Trump extends ceasefire but US and Iran at loggerheads over port blockade

1 week ago 8
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US Treasury secretary Scott Bessent says Iran’s Kharg Island storage facilities will be full and their ‘fragile’ oil wells shut in mere days because of the blockade

Donald Trump’s appearance on CNBC, where he discussed the state of the United Arab Emirates’ wartime economy, drew a quick response from the UAE’s ambassador to the US, denying his country was in financial strife because of the war.

Trump had said the US was considering helping the UAE financially, and spoke about a potential currency swap.

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