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US-Israel war on Iran

US-Israel war on Iran
Latest news and updates on the US and Israel's strikes on Iran, in which Supreme leader Ayatollah Ali Khamenei was killed, and Iran's responses.
Tourists admire gold jewellery at the Gold Souq in Dubai. Photo: Shutterstock
Gold in Hong Kong

Gold rush: Hong Kong bullion imports from Dubai jump amid US-Iran war

Gold traders from the Middle East and Russia have been selling physical gold in Hong Kong at a discount of 15 to 20 per cent since early April.

Middle East

Letters | UAE’s Opec exit reflects a complex world

US-Iran tensions

Glimmer of hope in Hormuz Strait, fragile ceasefire holds: what happened overnight

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Hong Kong economy

Exclusive | Why CY Leung thinks Hong Kong needs to strengthen maritime-related sectors

Former city leader sits down for wide-ranging interview and calls for city to develop shipping insurance and management capabilities.

The political heavyweight has said the city should adopt big-picture thinking when it comes to unpredictable global developments to minimise exposure to disruptions. Photo: Elson Li
Germany

German chancellor plays down row with Trump in fallout from US troop withdrawal

Friedrich Merz denies his criticism of the Iran war triggered Trump to announce drawdown of 5,000 soldiers.

Italy

Rubio to visit Rome, meet Pope Leo who has clashed with Trump

US secretary of state also seeks a meeting with Italy’s Meloni, whom Trump has also turned against.

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Iran

Trump says US will ‘guide’ ships out of Hormuz, as vessels attacked

US to launch new mission dubbed ‘Project Freedom’ as Tehran signals interference would be seen as a ceasefire violation.

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The USS Michael Murphy patrolling the Arabian Sea during a maritime blockade in April. Photo: US Navy via AFP
US-China relations

The US sanctioned Chinese oil refineries. Now China is really pushing back

Beijing has wheeled out its ‘Blocking Rules’ for the first time, ordering non-compliance with the American action.

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Hong Kong transport

Opinion | Why Hong Kong subsidies should go towards food, not fuel

Rather than encourage energy consumption amid the effects of the Iran war, the city should also speed up the move to greener public transport.

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Germany

‘Foolish decision’: Trump’s Germany troop removal rebuked by allies, Nato

Two US lawmakers said the move ‘risks undermining deterrence and sending the wrong signal’ to Russia’s Putin.

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A US Air Force jet takes off from the Ramstein base in Germany in March. Photo: EPA
US-China relations

Letters | China’s stance on Iran war has strengthened its global position

Readers discuss how the world perceives China, and the work to be done to prevent rape.

Iranian President Masoud Pezeshkian and Chinese President Xi Jinping shake hands as they meet, in Beijing, China, on September 2, 2025. Photo: Iran’s Presidential website/West Asia News Agency/Reuters
Middle East

‘Structural shift’: new routes for Middle East freight to bypass Hormuz

Saudi Arabia, Turkey and the UAE lead a push for a new trade architecture with multiple nodes linking the Indian Ocean to the Mediterranean Sea.

Donald Trump

Trump says he’s reviewing new Iran proposal to end war

The president also has floated a new plan to reopen the Hormuz, after the US warned shipping firms against paying Iran for safe passage.

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Aviation

US carrier Spirit Airlines shuts down, industry’s first Iran war casualty

Jet fuel prices have doubled during the conflict, and a Trump-backed US$500 million bailout did not materialise.

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A Spirit Airlines Airbus A320 prepares to take off from Fort Lauderdale-Hollywood International Airport in Florida in January 2021. Photo: AP
Iran

Iran will not accept ‘imposed’ peace, Trump not satisfied with negotiations

US lawmakers are pressuring the President to resolve the war, while Ayatollah Mojtaba Khamenei is attempting to ease the war’s toll on Iran’s economy.

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A woman walks past an anti-US billboard depicting US President Donald Trump and the Strait of Hormuz, in Tehran, Iran, on Saturday. Photo: Reuters
Germany

Trump-EU rift spurs Germany to boost military, add 75,000 soldiers

The German defence minister said the US withdrawal of 5,000 troops from Germany was expected, spurring Europe to improve its defences against Russia.

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Saudi Arabia

UAE’s Opec exit signals aim to accelerate foreign policy diversification

Iran’s attacks on Gulf states have forced Abu Dhabi to rethink its place within the Saudi Arabia-led diplomatic architecture, analysts say.

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Banking & finance

Macroscope | Mini-crises sparked by the Iran war may add up to a big collapse

From energy, inflation and trade to slowing global growth and investment uncertainty, these mini-crises have the makings of a massive crisis.

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The United Arab Emirates said on April 28 it would leave Opec and Opec+ on May 1. Photo: EPA
Middle East

Hezbollah’s cheap drones pose challenge for Israel – like ‘children’s toys’

The militant group is using devices linked to their launch site by a thin fibre-optic cable that can stretch for dozens of kilometres.

Malaysia

From Malaysia’s book bans to Iran war, Anwar’s reform agenda faces sternest test

Anwar’s government has tilted to the right in recent years in a move to win the support of Malay voters, analysts say.

United States

US to withdraw 5,000 troops from Germany, fulfilling Trump threat

The move comes after German Chancellor Merz said the US was being ‘humiliated’ by Iran’s leadership.

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US troops take part in a town hall at Ramstein Airbase in Germany in January 2023. Photo: US Air Force
2026 Trump-Xi summit

China’s UN envoy blasts US ‘bullying’ as sanctions widen before Trump-Xi talks

Curbs tied to Iran and a fragile ceasefire cast a shadow over the leaders’ planned Beijing summit as tensions between the powers mount.

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China’s UN envoy Fu Cong warns US sanctions on Chinese firms over Iran risk undermining ceasefire efforts and the rule of law in international affairs. Photo: Reuters
US-China trade war

US sanctions China-based operator, others over alleged Iran oil trade links

State Department targets Qingdao Haiye Oil Terminal for allegedly importing ‘tens of millions of barrels of sanctioned Iranian crude oil’.

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Iran

Trump says hostilities in Iran ‘terminated’ ahead of war powers deadline

Trump administration argues war in Iran has ended due to ceasefire, allowing White House to avoid the need to seek congressional approval.

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King Charles III

King Charles wins praise for deft handling of Trump on US state visit

The British monarch delivered a diplomatic masterclass on the trip, mixing praise for his host with subtle criticism.

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US President Donald Trump welcomes King Charles to the White House for a state dinner on Tuesday. Photo: TNS
United States

Wall Street rises towards more records as oil prices slip

The main uncertainty for the global economy is where oil prices will go because of the Iran war.

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A trader works on the floor of the New York Stock Exchange on Friday. Photo: AP
United States

Opinion | Why US may regret pushing allies towards greater defence autonomy

The challenge for US policymakers in the aftermath of Trump’s presidency may be to restore US importance among like-minded countries.

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Central banks

Gold loses its shimmer in Asia over rising oil prices, hawkish Fed stance

Demand for the metal is likely to remain weak, with central banks not expected to cut interest rates for some time due to high energy prices.

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