Trump posted on social media Wednesday (local time) that the two-month war could soon end and that oil and natural gas shipments disrupted<\/a> by the conflict could restart. But he said that depends on Iran accepting a reported agreement that the president did not detail.<\/p>\n \u201cIf they don\u2019t agree, the bombing starts,\u201d Trump wrote.<\/p>\n Israel hits Beirut for first time since last month’s ceasefire<\/p>\n A building destroyed in a previous Israeli airstrike is seen in Dahiyeh, Beirut’s southern suburbs, Lebanon, Wednesday, May 6, 2026. (Source: Associated Press)<\/p>\n In other developments, Israel struck Beirut\u2019s southern suburbs for the first time since a ceasefire between Israel and the Hezbollah militant group was announced on April 17. Fighting has continued since then in southern Lebanon.<\/p>\n The last strikes in Beirut were on April 8, when a series of massive Israeli strikes, including in central Beirut, killed more than 350 people.<\/p>\n Israeli Prime Minister Benjamin Netanyahu\u2019s office said Wednesday\u2019s strike, which came without warning, targeted a commander in Hezbollah\u2019s Radwan Force. Hezbollah did not immediately comment.<\/p>\n Trump suspended short-lived effort to force open safe passage<\/p>\n Oil tankers sit at anchor offshore in the Strait of Hormuz off Bandar Abbas, Iran, Saturday, May 2, 2026. (Source: Associated Press)<\/p>\n Trump made his latest comments after he suspended a short-lived US effort to force open a safe passage for commercial ships through the strait, a vital waterway through which major oil and gas supplies, fertiliser, and other petroleum products passed before the war.<\/p>\n Iran\u2019s effective closure of the strait has sent fuel prices skyrocketing, rattled the global economy and put enormous economic pressure on countries, including major powers such as China.<\/p>\n China’s foreign minister called for a comprehensive ceasefire on Wednesday after meeting in Beijing with Iran’s top envoy. Wang Yi said his country was \u201cdeeply distressed\u201d by the conflict, which began February 28 when the US and Israel launched strikes against Iran.<\/p>\n China\u2019s close economic and political ties to Tehran give it a unique position of influence. The Trump administration is pressing China to use that relationship to urge the Islamic Republic to open the strait.<\/p>\n Report says Washington closer to a deal with Tehran<\/p>\n Motorbikes drive past a billboard with graphic showing the late Iranian Supreme Leader Ayatollah Ali Khamenei. (Source: Associated Press)<\/p>\n The White House believes it is near an agreement with Iran on a one-page memorandum to end the war, according to reporting by Axios. There is not an agreement yet, but the provisions include a moratorium on Iranian uranium enrichment, lifting of US sanctions, distribution of frozen Iranian funds and opening the strait for ships.<\/p>\n The White House did not immediately respond to questions about the possible agreement.<\/p>\n Trump said in his social media post that it was \u201cperhaps a big assumption\u201d that Iran would agree to the terms being offered by the United States.<\/p>\n \u201cIf they don\u2019t agree, the bombing starts, and it will be, sadly, at a much higher level and intensity than it was before,\u201d Trump said.<\/p>\n A shaky ceasefire between the US and Tehran has largely held since it began April 8. Pakistan hosted in-person talks last month between Iran and a US delegation led by Vice President JD Vance, but the talks failed to result in a deal.<\/p>\n Trump also due to visit China<\/p>\n Iranian Foreign Minister Abbas Araghchi’s visit to China was his first since the war began.<\/p>\n His arrival came ahead of a planned visit by Trump to Beijing for a high-profile summit on May 14 and 15 with Chinese President Xi Jinping. The trip would be Trump\u2019s first to China during his second term and the first by a US President since Trump visited in 2017.<\/p>\n \u201cWe believe that a comprehensive ceasefire is urgently needed, that a resumption of hostilities is not acceptable, and that it is particularly important to remain committed to dialogue and negotiations,\u201d Wang said in a video of the meeting.<\/p>\n The Chinese foreign minister said the conflict \u201chas not only caused serious losses to the Iranian people, but also had a severe impact on regional and global peace\u201d.<\/p>\n In this photo released by the Telegram channel of Iranian Foreign Minister Abbas Araghchi, China’s Foreign Minister Wang Yi, right, meets with Iran’s Foreign Minister Abbas Araghchi in Beijing, China (Source: Associated Press)<\/p>\n In a televised interview with Iran\u2019s state media from Beijing, Araghchi said his visit included discussions of the Strait of Hormuz as well as Iran’s nuclear program and sanctions imposed on Tehran.<\/p>\n Iran has attained \u201can elevated international standing\u201d after the war, having proven its capabilities and strength, Araghchi said.<\/p>\n US Secretary of State Marco Rubio expressed hope that Beijing would reiterate the need for Iran to release its chokehold on the strait, its main source of leverage, as Trump demands a major rollback of its disputed nuclear program.<\/p>\n A statement published on the Chinese Foreign Ministry’s website said China values Iran\u2019s pledge not to pursue nuclear weapons while affirming its \u201clegitimate right to the peaceful use of nuclear energy\u201d.<\/p>\n Shipper says strait shutdown costing $60M per week<\/p>\n A bulk cargo ship sits at anchor in the Strait of Hormuz off Bandar Abbas, Iran, Saturday, May 2, 2026. (Source: Associated Press)<\/p>\n Hundreds of merchant ships remain bottled up in the Persian Gulf, unable to reach the open sea without passing through the Strait of Hormuz.<\/p>\n The US said it had opened a safe shipping lane through the strait on Monday and sunk six small Iranian boats that had threatened commercial ships. But Trump announced Tuesday he was pausing the effort<\/a>, dubbed Project Freedom, to see whether an agreement with Tehran on ending the war could be reached.<\/p>\n A cargo container ship operated by the CMA GGM Group was damaged, and multiple crew members were wounded when it came under attack while transiting the strait on Tuesday, the French shipping company said without providing details. It said the injured crew members were taken off the ship and are receiving medical treatment.<\/p>\n![\"A](\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/05\/a-building-destroyed-in-a-previous-israeli-airstrike-is-seen-PBUO7JNXZFBT5CULTU2GETJDCA.jpg\")
<\/p>\n![\"Oil](\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/05\/oil-tankers-sit-at-anchor-offshore-in-the-strait-of-hormuz-o-HJX3HYR7AJEJLLJPCFKPHZW5BA.jpg\")
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<\/p>\n![\"A](\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/05\/a-bulk-cargo-ship-sits-at-anchor-in-the-strait-of-hormuz-off-3MZCIDUCWBEC5GWUAXSDJ56WZA.jpg\")
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