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May 26, 2026 · Evening edition
Executive summary
The United States carried out defensive strikes on missile launch sites and mine-laying vessels in southern Iran on May 25, prompting Iran to denounce the actions as a sign of 'bad faith' and a violation of the seven-week ceasefire. Despite these escalations, negotiations for a peace deal to end the war are ongoing in Qatar, with discussions focusing on Iran's nuclear program, the reopening of the Strait of Hormuz, and a ceasefire in Lebanon. US President Donald Trump and Secretary of State Marco Rubio have offered conflicting statements on the progress of these talks. The renewed tensions contributed to a rebound in oil prices due to uncertainty over global energy supplies from the Strait of Hormuz.
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