Pakistan Sends New Iranian Peace Proposal to US

Vessels in the Strait of Hormuz, Musandam, Oman, May 18, 2026. (Reuters)
Vessels in the Strait of Hormuz, Musandam, Oman, May 18, 2026. (Reuters)
TT

Pakistan Sends New Iranian Peace Proposal to US

Vessels in the Strait of Hormuz, Musandam, Oman, May 18, 2026. (Reuters)
Vessels in the Strait of Hormuz, Musandam, Oman, May 18, 2026. (Reuters)

Iran sent a new peace proposal to the United States with terms that appeared similar to offers Washington has previously rejected, although a senior Iranian official told Reuters on Monday that the US had softened positions on some issues. 

A Pakistani source confirmed that Islamabad, which has conveyed messages between the sides in the war in the Middle East since hosting the only round of peace talks last month, had shared the latest proposal with Washington. But the source suggested progress had been difficult. 

The sides "keep changing their goalposts," the Pakistani source said, adding: "We ‌don't have ‌much time." 

Iranian Foreign Ministry spokesperson Esmaeil Baghaei confirmed that Tehran's views had ‌been "conveyed ⁠to the American side ⁠through Pakistan" but gave no details. Washington did not immediately comment. 

The Iranian proposal, as described by the senior Iranian source, appeared similar in many respects to Iran's previous offer, which US President Donald Trump rejected last week as "garbage". 

It would focus first on securing an end to the war, reopening the Strait of Hormuz - a major oil supply route that Iran has effectively blockaded - and lifting maritime sanctions. More contentious issues around Iran's nuclear program and uranium enrichment would be deferred to later ⁠rounds of talks, the source said. 

However, in an apparent softening of Washington's ‌stance, the senior Iranian source said the United States ‌had agreed to release a quarter of Iran's frozen funds - totaling tens of billions of dollars - held in ‌foreign banks. Iran wants all the assets released. 

The Iranian source also said Washington had showed ‌more flexibility in allowing Iran to continue some peaceful nuclear activity under supervision of the International Atomic Energy Agency. 

Iran's Tasnim news agency separately quoted an unidentified source as saying the US had accepted waiving oil sanctions on Iran while negotiations were under way. Iranian officials did not immediately comment on Tasnim's report. 

FRAGILE CEASEFIRE 

A fragile ceasefire is ‌in place after six weeks of war that followed US-Israeli airstrikes on Iran. But talks mediated by Pakistan have stalled and Trump has ⁠said the ceasefire ⁠is "on life support". 

Washington has previously demanded Tehran dismantle its nuclear program and allow shipping through the Strait of Hormuz, which normally carries one-fifth of the world's oil and liquefied natural gas supply. 

Iran has been demanding compensation for war damage, an end to a US blockade of Iranian ports and a halt to fighting on all fronts, including in Lebanon, where Israel is battling the Iran-backed Hezbollah militia. 

Trump said in a post on Truth Social at the weekend that "the Clock is Ticking" for Iran, adding that "they better get moving, FAST, or there won’t be anything left of them. TIME IS OF THE ESSENCE!" 

Trump is expected to meet top national security advisers on Tuesday to discuss options for resuming military action, Axios reported. 

Baghaei said Tehran was prepared for all scenarios. 

"As for their threats, rest assured that we are fully aware of how to respond appropriately to even the smallest mistake from the opposing side," he told a televised weekly press conference. 



Nigeria Says Joint US Strikes Kill 175 ISIS Militants, Senior Leaders

Nigerian soldiers walk past military tanks prepared for deployment during a tour of the Theater Command Operation Lafiya Dole by Nigeria's Chief of Army Staff at Maimalari Cantonment in Maiduguri, Borno State, Nigeria, November 7, 2025. (Reuters)
Nigerian soldiers walk past military tanks prepared for deployment during a tour of the Theater Command Operation Lafiya Dole by Nigeria's Chief of Army Staff at Maimalari Cantonment in Maiduguri, Borno State, Nigeria, November 7, 2025. (Reuters)
TT

Nigeria Says Joint US Strikes Kill 175 ISIS Militants, Senior Leaders

Nigerian soldiers walk past military tanks prepared for deployment during a tour of the Theater Command Operation Lafiya Dole by Nigeria's Chief of Army Staff at Maimalari Cantonment in Maiduguri, Borno State, Nigeria, November 7, 2025. (Reuters)
Nigerian soldiers walk past military tanks prepared for deployment during a tour of the Theater Command Operation Lafiya Dole by Nigeria's Chief of Army Staff at Maimalari Cantonment in Maiduguri, Borno State, Nigeria, November 7, 2025. (Reuters)

Nigerian forces, working with the United States, have killed 175 ISIS militants in a series of joint air and ground strikes in the country's northeast in recent days, the Defense Headquarters said on Tuesday.

The military said operations conducted with US Africa Command destroyed checkpoints, weapons caches, logistics hubs, and financing networks ‌used by ISIS West Africa Province, which ‌has ⁠led a years-long ⁠insurgency in the region.

Since suffering major setbacks in the Middle East, ISIS has pivoted toward Africa, which accounted for 86% of the group's global activity in the first three ⁠months of 2026, according to crisis ‌monitoring group Armed ‌Conflict Location & Event Data.

"As of 19 May, ‌assessments indicate that 175 ISIS militants have ‌been eliminated from the battlefield," Nigeria's Defense spokesperson Major-General Samaila Uba said in a statement.

Strikes that killed Abu-Bilal al-Minuki on May ‌16, described by both governments as ISIS’s global No. 2, ⁠were followed ⁠by further raids last weekend that also killed Abd al-Wahhab, an ISWAP leader overseeing attacks and propaganda, Abu Musa al-Mangawi, and Abu al-Muthanna al-Muhajir, a senior media operative and close associate of al-Minuki, the statement said.

The Defense Headquarters said the operations formed part of an ongoing campaign to "hunt down and destroy" militants threatening Nigeria and the wider region.


US Imposes Fresh Sanctions on Iranian Exchange House, Shadow Fleet Vessels

US Secretary of Treasury Scott Bessent poses for a family photograph of G7 Finance Ministers and Central Bank Governors as they meet to prepare the summit of heads of State and government to be held in June 2026 in Evian, in Paris on May 19, 2026. (AFP)
US Secretary of Treasury Scott Bessent poses for a family photograph of G7 Finance Ministers and Central Bank Governors as they meet to prepare the summit of heads of State and government to be held in June 2026 in Evian, in Paris on May 19, 2026. (AFP)
TT

US Imposes Fresh Sanctions on Iranian Exchange House, Shadow Fleet Vessels

US Secretary of Treasury Scott Bessent poses for a family photograph of G7 Finance Ministers and Central Bank Governors as they meet to prepare the summit of heads of State and government to be held in June 2026 in Evian, in Paris on May 19, 2026. (AFP)
US Secretary of Treasury Scott Bessent poses for a family photograph of G7 Finance Ministers and Central Bank Governors as they meet to prepare the summit of heads of State and government to be held in June 2026 in Evian, in Paris on May 19, 2026. (AFP)

The Trump administration on Tuesday imposed sanctions on an Iranian foreign currency exchange house and what it said were front companies overseeing transactions on behalf of Iranian banks as the US maintains pressure on Tehran.

The move came after Iran said its latest peace proposal to the United States over the US-Israeli led war that started February 28 involves ending hostilities on all fronts including Lebanon, the exit of US forces ‌from areas close ‌to Iran, and reparations for destruction caused by ‌the ⁠conflict.

The Treasury Department ⁠imposed sanctions on the Iran-based Amin Exchange, also known as Ebrahimi and Associates Partnership Company, which it said has a widespread network of front companies spanning multiple jurisdictions, including in Türkiye and Hong Kong.

The US also blocked 19 vessels it said were involved in shipping Iranian petroleum and petrochemicals to foreign customers.

The Treasury ⁠Department said Iranian exchange houses facilitate billions of dollars ‌in foreign currency transactions a year, ‌enabling the government to evade sanctions and access the international financial system. It ‌said the front companies oversee hundreds of millions of dollars ‌in transactions on behalf of Iranian banks.

"Iran’s shadow banking system facilitates the illicit transfer of funding for terrorist purposes," Treasury Secretary Scott Bessent said in a release. "As Treasury systematically dismantles Tehran’s shadow banking system and shadow fleet under Economic ‌Fury, financial institutions must be alert to how the regime manipulates the international financial system to ⁠wreak havoc."

The sanctions block US assets of those designated and prevent Americans from doing business with them.

The US also designated vessels for transporting Iranian-origin oil, petroleum products and petrochemicals including the Barbados flagged liquefied petroleum gas tanker Great Sail, the Palau-flagged products tanker Ocean Wave, and the Panama-flagged chemical/oil tanker Swift Falcon.


Israel Finance Minister Says ICC Seeks Arrest Warrant Against Him

Israeli Finance Minister Bezalel Smotrich speaks at a press conference regarding settlements expansion for the long-frozen E1 settlement, that would split East Jerusalem from the occupied West Bank, near the Israeli settlement of Maale Adumim in the Israeli-occupied West Bank, August 14, 2025. (Reuters)
Israeli Finance Minister Bezalel Smotrich speaks at a press conference regarding settlements expansion for the long-frozen E1 settlement, that would split East Jerusalem from the occupied West Bank, near the Israeli settlement of Maale Adumim in the Israeli-occupied West Bank, August 14, 2025. (Reuters)
TT

Israel Finance Minister Says ICC Seeks Arrest Warrant Against Him

Israeli Finance Minister Bezalel Smotrich speaks at a press conference regarding settlements expansion for the long-frozen E1 settlement, that would split East Jerusalem from the occupied West Bank, near the Israeli settlement of Maale Adumim in the Israeli-occupied West Bank, August 14, 2025. (Reuters)
Israeli Finance Minister Bezalel Smotrich speaks at a press conference regarding settlements expansion for the long-frozen E1 settlement, that would split East Jerusalem from the occupied West Bank, near the Israeli settlement of Maale Adumim in the Israeli-occupied West Bank, August 14, 2025. (Reuters)

Israel's far-right finance minister Bezalel Smotrich said Tuesday that the International Criminal Court prosecutor has requested an arrest warrant against him, accusing the Palestinian Authority of pushing for the move.

Smotrich said he would retaliate by ordering the evacuation of the Palestinian Bedouin community of Khan al-Ahmar in the occupied West Bank.

"Last night I was informed that the criminal prosecutor of the antisemitic court in The Hague has filed a request for an international arrest warrant against me," Smotrich told a news conference broadcast on his X account Monday.

"As a sovereign and independent state, we do not accept hypocritical dictates from biased bodies that time and again take a stand against the State of Israel," he added, without disclosing the charges for which the warrant has been requested.

The ICC prosecutor's office said it was "unable to comment on media speculation or questions related to any alleged application for a warrant of arrest".

In November 2024, the ICC issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former defense minister Yoav Gallant, to face accusations of war crimes and crimes against humanity over Israel's actions during its war against Hamas in Gaza.

- 'Declaration of war' -

"Immediately upon the conclusion of my remarks here, we will sign an order to evacuate Khan al-Ahmar," Smotrich said, calling the warrant request "a declaration of war".

More than 750 people live in the community of Khan al-Ahmar, around 10 kilometers east of Jerusalem's Old City in the central West Bank and surrounded by Israeli settlements.

The Palestinian Authority's Settlement and Wall Resistance Commission urged the international community to stop the move.

"Targeting Khan al-Ahmar is part of a long-term strategic settlement project... through which Israel seeks to create complete settlement contiguity that would separate the northern West Bank from its south," the commission's minister, Muayad Shaaban, was quoted as saying.

Peace Now, an Israeli settlement watchdog, also denounced the move.

"The Minister of Expulsion and Annexation seeks to take revenge on The Hague and the international community at the expense of one of the most vulnerable communities," it said.

Khan al-Ahmar sits near land Israel plans to use for its controversial E1 development project that would facilitate settlement expansion in the area near Jerusalem.

Smotrich, who lives in a settlement himself, is a staunch proponent of Israel annexing the West Bank.

"Under this government, we see that for the first time they've approved the very sensitive and significant plan of E1, and they're going ahead with plans to annex that entire region," Lior Amihai, Peace Now's executive director, told AFP.

"In order for them to annex the entire region, they need to also expel the Palestinian communities from there and Khan al-Ahmar is one of them," he added.