The U.S. military is considering officially re-naming the war with Iran to “Operation Sledgehammer” if the current ceasefire collapses

Trump called Iran’s counter peace proposal “totally unacceptable,” dimming the prospects of an imminent deal to end the war.

Kuwait accused Iran of launching a failed attack earlier this month on an island where China is helping build a port in the Middle East nation.

By Katya Golubkova TOKYO, May 13 (Reuters) - Oil prices fell on Wednesday after rising in three consecutive sessions, as investors awaited developments around the fragile ceasefire in the Iran war and U.

The U.S. dollar climbed for a second straight session on Tuesday, after U.S. economic data showed inflation continued to increase, while uncertainty

Defense Secretary Pete Hegseth and Joint Chiefs Chairman Gen. Dan Caine are appearing in back-to-back hearings before the House and Senate Appropriations subcommittees that oversee defense spending.

US Defense Secretary Pete Hegseth said Tuesday that a ceasefire between the US and Iran is active, even as lawmakers pressed him on whether a formal written agreement exists between the two sides. Hegseth made the remarks alongside Joint Chiefs of Staff Chair Gen.

A tenuous month-old ceasefire appears to be holding in the Iran war as diplomacy continues and Iran reviews the latest U.S. peace proposal.