{"id":601286,"date":"2026-04-23T09:06:12","date_gmt":"2026-04-23T09:06:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/601286\/"},"modified":"2026-04-23T09:06:12","modified_gmt":"2026-04-23T09:06:12","slug":"iran-us-war-latest-trump-says-there-is-no-timeframe-for-ending-conflict-as-standoff-in-strait-of-hormuz-continues","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/601286\/","title":{"rendered":"Iran-US war latest: Trump says there is \u2018no timeframe\u2019 for ending conflict as standoff in Strait of Hormuz continues"},"content":{"rendered":"

<\/a>Norway sees huge losses as war in Iran bites<\/p>\n

Norway’s $2.2 trillion sovereign wealth fund, the world’s largest, on Thursday reported a first-quarter loss of 636 billion Norwegian crowns ($68.44 billion) as the war in the Middle East weighed on global stocks.<\/p>\n

Norges Bank Investment Management (NBIM), which holds around half of its funds in the United States, posted a negative return of 1.9% for the January-March period, beating its benchmark index by 0.01 percentage point.<\/p>\n

“The result reflects a quarter with challenging market conditions,” Deputy CEO Trond Grande said in a statement.<\/p>\n

“We saw limited impact on fixed income and real estate, but it was the decline in equities, especially among large U.S. technology companies, that determined the outcome,” he added.<\/p>\n

\"U.S.U.S. forces patrol the Arabian Sea near M\/V Touska on April 20, 2026, after firing upon the Iranian-flagged vessel (Getty)<\/p>\n

James Reynolds23 April 2026 09:39<\/p>\n

<\/a>As Trump blinks first on Iran, a glimmer of hope emerges for peace in the Middle East<\/p>\n

Editorial<\/a>: Pressure from China and hostile public opinion at home should concentrate Maga Republican minds and push the president towards jaw-jaw rather than war-war:<\/p>\n

James Reynolds23 April 2026 09:07<\/p>\n

<\/a>Recap: Iran says it cannot reopen Strait due to ‘ceasefire violations’<\/p>\n

Iran<\/a> has said that it is \u201cimpossible\u201d to reopen the Strait of Hormuz<\/a> due to alleged ceasefire violations by the US<\/a> and Israel.<\/p>\n

Mohammad Bagher Ghalibaf, the speaker of the Iranian parliament and lead negotiator, wrote on X on Wednesday: \u201cA complete ceasefire only makes sense if it is not violated by the maritime blockade and the hostage-taking of the world\u2019s economy…. reopening the Strait of Hormuz<\/a> is impossible with such a flagrant breach of the ceasefire.\u201d<\/p>\n

The status of a two-week-old ceasefire, due to have expired earlier this week, remained unclear on Thursday. Iran seized two ships in the Strait of Hormuz on Wednesday and escorted them to Iranian shores, according to statements by the shipping companies.<\/p>\n

James Reynolds23 April 2026 08:25<\/p>\n

<\/a>Iran executes man convicted of links to Mossad<\/p>\n

Iran has executed a man convicted of links to both the exiled opposition group Mujahideen-e-Khalq and Israel’s intelligence service, according to Mizan, the news outlet for Tehran\u2019s judiciary. <\/p>\n

Mizan identified the man as Soltanali Shirzadi Fakhr, alleging he had been a long-time member of the MEK and was found guilty of cooperating with Israeli intelligence.<\/p>\n

His death sentence was upheld by the Supreme Court and carried out after legal procedures were completed, Mizan added.<\/p>\n

Alex Croft23 April 2026 07:42<\/p>\n

<\/a>Major UK supermarkets warn Iran war could drag profits down<\/p>\n

Britain\u2019s leading supermarkets are voicing concerns over how the Iran war may begin to impact its customers, with the company\u2019s profits expected to drag lower than last year. <\/p>\n

Sainsbury\u2019s and Tesco have bot voiced concerns over their financial outlook as the Iran war squeezes the global economy. In the UK, inflation rose to 3.3 per cent on Wednesday in the first clear sign of the Iran war affecting official figures. <\/p>\n

Tesco, which has a 28 per cent share of the UK grocery market, forecast adjusted operating profit of \u00a33.0 billion to \u00a33.3 billion for its year to end-February 2027.<\/p>\n

That compares with 3.152 billion pounds in 2025\/26, which was up 0.6% on the year before and slightly ahead of forecast.<\/p>\n

\"AA general view of Tesco, in Oldham (Reuters)<\/p>\n

Alex Croft23 April 2026 07:27<\/p>\n

<\/a>US treasury secretary claims Gulf \u2018allies\u2019 seeking currency swaps amid Iran war crisis<\/p>\n

Treasury secretary Scott Bessent said that \u201cmany\u201d US allies in the Persian Gulf have sought financial support in the form of currency swap lines due to economic strain caused by the Iran war. <\/p>\n

He said: \u201cMany of our Gulf allies have requested swap lines. Swap lines, whether it\u2019s from the Federal Reserve or the Treasury, are to maintain order in the dollar funding markets and to prevent the sale of the US assets in a disorderly way.\u201d<\/p>\n

\u201cThe swap line would both benefit the UAE and the US, and as I said, numerous other countries, including some of our Asian allies [who] have also requested them,\u201d he said, without specifying which other countries.<\/p>\n

Maroosha Muzaffar23 April 2026 07:10<\/p>\n

<\/a>IRGC releases footage of two ships it seized for trying to cross Hormuz \u2018covertly\u2019<\/p>\n

Iran\u2019s Islamic Revolutionary Guard Corps released footage claiming it seized two ships in the Strait of Hormuz for alleged maritime violations. IRGC accused the vessels of \u201cattempting to exit the Strait of Hormuz covertly\u201d.<\/p>\n

The vessels were identified as the MSC Francesca and Epaminondas, and the incident marks the first such seizure since the war began in late February.<\/p>\n

At the same time, the US played down the escalation. White House spokesperson Karoline Leavitt said Donald Trump did not view the incident as a ceasefire violation \u201cbecause these were not US ships, these were not Israeli ships. These were two international vessels\u201d. <\/p>\n

Maroosha Muzaffar23 April 2026 06:55<\/p>\n

<\/a>6 months needed to clear sea mines in Strait of Hormuz<\/p>\n

US officials have reportedly indicated it could take up to six months to clear sea mines in the Strait of Hormuz.<\/p>\n

The estimate was reportedly shared by Pentagon officials during a classified briefing to lawmakers at a House Armed Services Committee meeting on Tuesday.<\/p>\n

According to an AP report, the briefing left lawmakers with \u201cmore questions than answers\u201d as key concerns \u2013 ranging from the cost of the war and its strategic objectives to details about an early attack on a school in Iran that killed around 165 people, mostly young girls \u2013 remained unresolved. <\/p>\n

Maroosha Muzaffar23 April 2026 06:50<\/p>\n

<\/a>US navy chief leaves Trump administration<\/p>\n

US navy secretary John Phelan has left the Trump administration, marking another high-level departure in US security leadership amid the ongoing war with Iran.<\/p>\n

A Pentagon spokesman said the department is \u201cgrateful to Secretary Phelan for his service to the Department and the United States Navy\u201d.<\/p>\n

\"File.File. John Phelan (C) speaks after Donald Trump announced the Navy\u2019s \u2018Golden Fleet\u2019, at Mar-a-lago in Palm Beach, Florida, US, 22 December 2025 (Reuters)<\/p>\n

Phelan was appointed by Donald Trump in late 2024 and had limited prior military experience.<\/p>\n

His departure comes as a significant portion of the US navy remains deployed in the Middle East due to the ongoing war.<\/p>\n

Hung Cao will step in as acting secretary.<\/p>\n

Maroosha Muzaffar23 April 2026 06:30<\/p>\n

<\/a>Lebanon expected to seek one-month extension of ceasefire with Israel in fresh talks<\/p>\n

Lebanon is expected to seek a one-month extension of its ceasefire with Israel during fresh talks in Washington, as the current truce nears its Sunday deadline.<\/p>\n

The negotiations, only the second direct engagement between the two sides in decades, come amid ongoing tensions, with Israel saying it has no \u201cserious disagreements\u201d with Lebanon and urging cooperation against the Iran-backed Hezbollah, which is not part of the talks.<\/p>\n

The meeting will be led by Marco Rubio, bringing together Israeli ambassador Yechiel Leiter and Lebanese ambassador Nada Hamadeh Moawad, alongside US envoys.<\/p>\n

\"MenMen look upon the casket of a Hezbollah fighter that was killed by an Israeli strike last week while it is lowered into a grave during a funeral on 22 April 2026 in Tyre, Lebanon (Getty)<\/p>\n

An unnamed Lebanese official told AFP news agency that, besides a month-long extension of the truce, Lebanon will also request \u201can end of Israel\u2019s bombing and destruction in the areas where it is present, and a commitment to the ceasefire\u201d. <\/p>\n

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