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White House Seeks $87.6bn for Iran War Costs

The White House has formally requested congressional approval for an $87.6 billion spending package, with the majority of the funds earmarked for costs linked to the ongoing US military operation against Iran. According to the administration, about $67 billion of the proposed funding would be allocated to the Department of Defense to support military requirements arising from the conflict. The request was submitted Wednesday by the Office of Management and Budget in a letter addressed to House Speaker Mike Johnson. The proposal arrives at a politically sensitive moment. Although a ceasefire between Washington and Tehran is currently in place, the conflict remains controversial among American voters ahead of the November midterm elections. The issue has also exposed divisions within President Donald Trump’s Republican Party. The funding request outlines several major defense-related expenditures, including $21 billion for munitions, $17.3 billion for […]

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US waives Iran sanctions as Trump warns Tehran

The United States has waived sanctions on Iran for 60 days following the first round of talks linked to a new peace agreement. The waiver is part of an early step meant to ease tensions and support the talks. It allows Tehran to resume limited oil sales and receive payments during the 60-day period. US President Donald Trump said he would take action if Iran fails to respect the terms of the deal. He warned that Washington would respond if Tehran does not keep its side of the agreement. The move marks a temporary shift in US policy toward Iran and comes as both sides test the fragile peace process.

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Trump Welcomes Colombia Election Result

Former US President Donald Trump has welcomed preliminary results from Colombia’s presidential run-off election, predicting stronger ties between Washington and Bogotá after early vote counts placed conservative candidate Abelardo de la Espriella ahead of his rival. According to the initial tally released after Sunday’s vote, de la Espriella secured a narrow lead over left-wing contender Iván Cepeda. The margin separating the two candidates was less than one percentage point, making it one of the closest presidential races in Colombia’s recent history. Despite the preliminary outcome, Cepeda has not conceded defeat. He has called for patience while election authorities complete the verification and cross-checking process, which is expected to take several days before final results are confirmed. Trump, who publicly supported de la Espriella during the campaign, expressed confidence in the result and said he anticipated a significant improvement in relations […]

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Trump unveils Qatar-gifted presidential jet, calls it flying White House

US President Donald Trump has unveiled a luxurious Boeing 747-8 jet gifted by Qatar as the new Air Force One, proclaiming at Joint Base Andrews, Maryland, that the aircraft has been converted into a flying White House with unprecedented luxury. The jet, which Trump says is virtually double the size of the previous model, is painted in white, maroon and navy blue, with Trump personally selecting the red, white and blue paint scheme as a departure from the traditional light blue. The Qatari royal family donated the luxury Boeing 747-8 to the US Department of Defense in May 2025, intending for it to be integrated into the Air Force One fleet that serves to transport the president. Trump has said the Qatari jet would serve as a bridge aircraft to transport the president until the new fleet of Boeing planes […]

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US envoy Witkoff headed to Switzerland for Iran talks — reports

US Special Envoy Steve Witkoff is heading to Switzerland where the first round of talks with Iran on a potential nuclear deal is expected to take place, a US official told Axios. US official said Trump's envoy Jared Kushner is already in Switzerland for the negotiations, which were supposed to start Friday but were postponed because of fighting between Israel and Hezbollah in Lebanon. Both Witkoff and Iranian Foreign Minister Abbas Araqchi were headed to Switzerland for talks, as a ceasefire in Lebanon appeared to revive efforts to turn the interim Iran war pact into a lasting regional deal. The development follows a 14-point memorandum the US and Iran signed this week to halt fighting and open a 60-day window to resolve disputes over Iran's nuclear programme and other thorny issues needed for a durable deal. With the ceasefire in […]

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U.S. lifts Strait of Hormuz blockade as U.S. and Iran sign deal to halt war

The U.S. Central Command has confirmed that the naval blockade over the Strait of Hormuz has officially been lifted as a result of the ceasefire agreement reached between the United States and Iran. The U.S. declared the cessation of its naval blockade affecting maritime movement to and from Iranian ports and coastal territories, including the strategically vital Strait of Hormuz, with the blockade expected to be completely lifted within 30 days. According to senior U.S. officials, this measure is all part of the deal signed by President Donald Trump at the Palace of Versailles, where the U.S. and Iran agreed to reopen the crucial Strait of Hormuz and halt the war. In return for the blockade lift, Iran will now allow toll-free passage through the Strait of Hormuz for 60 days, ensuring safe passage for commercial ships without any charges […]

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US says it needs $80bn for Iran war, other bills

The US Department of Defense has told lawmakers it needs about $80 billion in emergency funding to cover costs from the Iran war as well as other non-war-related bills, according to briefings cited in US media reports. Deputy Defense Secretary Stephen Feinberg communicated the request to members of Congress in phone calls this week, with the Wall Street Journal reporting that the $80 billion figure is now the Pentagon’s target for an urgent supplemental package. The planned request would not be limited to the military alone, as the full US supplemental proposal is expected to include money for the Pentagon alongside non-defense priorities such as farm support and disaster relief. US officials previously indicated that the Iran war has cost around $25 billion so far, marking the first official estimate of the financial toll of the conflict. Earlier projections from […]

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US says it needs $80bn for Iran war, other bills

The US Department of Defense has told lawmakers it needs about $80 billion in emergency funding to cover costs from the Iran war as well as other non-war-related bills, according to briefings cited in US media reports. Deputy Defense Secretary Stephen Feinberg communicated the request to members of Congress in phone calls this week, with the Wall Street Journal reporting that the $80 billion figure is now the Pentagon’s target for an urgent supplemental package. The planned request would not be limited to the military alone, as the full US supplemental proposal is expected to include money for the Pentagon alongside non-defense priorities such as farm support and disaster relief. US officials previously indicated that the Iran war has cost around $25 billion so far, marking the first official estimate of the financial toll of the conflict. Earlier projections from […]

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14-point US-Iran deal to end war

US President Donald Trump has signed a 14-point memorandum of understanding (MOU) with Iran to end hostilities, reopen the Strait of Hormuz and set a roadmap for a comprehensive peace deal that includes lifting all sanctions and unfreezing Iranian assets abroad. The US and Iran, along with their allies in the ongoing conflict, declared an immediate and permanent cessation of military operations on all fronts, including Lebanon, and agreed not to initiate any warfare or military actions against each other. The MOU commits both nations to honor each other's sovereignty and territorial integrity, refrain from interference in each other's domestic matters, and negotiate a comprehensive agreement within a maximum of 60 days. Upon signing, the US will begin dismantling its naval blockade against Iran, fully ending the blockade within 30 days, and restore maritime traffic to pre-war levels proportional to […]

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Trump defends Iran deal, calls critics ‘fools’

US President Donald Trump has angrily defended his controversial deal with Iran to end hostilities and reopen the Strait of Hormuz, lashing out at opponents and branding critics of the agreement as “fools.” The Trump administration this week unveiled a memorandum of understanding with Tehran that provides for an immediate cessation of military hostilities on all fronts, including Lebanon, alongside a roadmap for further negotiations. Under the interim deal, the US is set to lift its naval blockade on ships entering and leaving Iran within 30 days, while the Treasury Department will issue waivers on Iranian oil exports and move toward lifting sanctions and unfreezing Iranian assets in foreign accounts. The agreement also opens the door for up to 300 billion dollars in private investment into Iran’s infrastructure sector, as both sides enter a 60‑day window to finalize talks on […]

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