The stock market hit fresh highs on Iran deal hopes. Nvidia, Tesla lead five trillion-dollar titans near buy points.

Iran insists on retaining its enriched uranium stockpile as a red line, while the Trump administration reportedly seeks its removal or destruction.

For a relatively short “memorandum of understanding” (MoU) the draft agreement between the United States and Iran is taking a very long time to finalize.

President Trump held a Cabinet meeting at the White House on Wednesday, discussing a deal that would bring an end to the war with Iran. Natalie Brand reports.

The F-15 fighter that was shot down over southwestern Iran last month and set off a dangerous rescue mission was probably struck by a Chinese-made shoulder-launched missile, sources say.

As the United States and Iran try to hammer out a deal to start winding down the war, few particulars loom as large as what happens with Iran’s nuclear stockpile.

The United States and Iran have reached an agreement to extend a ceasefire, allow shipping through the Strait of Hormuz and lift a U.S. blockade and some sanctions on Iran, sources told Reuters, but the deal has not been finalised.

The latest wave of attacks comes as President Trump has said that Iran is "negotiating on fumes".

The US military fires a missile into the engine room of the merchant vessel trying to break through its blockade of Iranian ports, the Central Command says.