Highlights of the Iran-Israel war: Trump claims that the U.S.-Iran ceasefire is on "life support."
The military forces are prepared "to respond and to teach a lesson for any aggression," according to Iranian parliamentary speaker Mohammad Bagher Ghalibaf.
One day after rejecting Tehran's proposal to terminate the months-long conflict as "totally unacceptable," U.S.
President Donald Trump stated on Monday, May 11, 2026, that the ceasefire with Iran was at its "weakest" and on "massive life support."
"It is at its most vulnerable. In answer to a query on the truce with Iran following the rejection of the peace proposal, Mr. Trump told reporters at the Oval Office, "After reading that piece of garbage they sent us... It's on life support, massive life support."
Shortly after, Mohammad Bagher Ghalibaf, the speaker of the Iranian parliament and principal negotiator in earlier negotiations with Washington, declared that his nation was ready "for any eventuality."
He wrote on X, "Our armed forces are prepared to respond and to teach a lesson for any aggression." "The world already knows that poor decisions and strategies always result in poor outcomes."
The chairman of a UN task team tasked with preventing an impending humanitarian crisis told AFP that tens of millions of people could starve to death if fertilizers are not soon permitted through the Strait of Hormuz.
Twelve Iran-affiliated people and organizations are sanctioned by the US due to oil sales to China.
Days before US President Donald Trump's visit to Beijing, on Monday, May 11, 2026, the US placed sanctions on 12 people and organizations that it claimed helped sell and ship Iranian oil to China.
A statement from the U.S. Treasury stated, "The IRGC relies on front companies in permissive economic jurisdictions to obfuscate its role in oil sales and funnel the revenue to the Iranian regime." The statement listed companies based in Hong Kong and the United Arab Emirates as well as a number of Iranian individuals who were being punished.
Iran's Islamic Revolutionary Guard Corps is known as the IRGC.
Trump promises "total victory" over Iran.
Despite mounting pressure to seek a peace agreement, U.S. President Donald Trump stated he is still striving for "complete victory" in the war against Iran.
Mr. Trump told reporters, "We're going to have a complete victory," adding that Iran believes "I'll get tired of this." Either I'll become bored or I'll feel under strain. However, there is no pressure.
U.S. President Donald Trump stated that the ceasefire between the United States and Iran was on "massive life support" because the two countries could not agree on terms to begin negotiations to end their war.
He told reporters that "the ceasefire is on massive life support, where the doctor walks in and says, 'Sir, your loved one has approximately a one percent chance of living."
The world's "largest energy shock" was triggered by the West Asia War, according to Saudi Aramco CEO
The CEO of Saudi oil firm Aramco warned investors on Monday (May 11, 2026) that the world's largest energy shock was caused by the West Asia war and that even if the Hormuz blockade is lifted soon, the market recovery is expected to last into 2027.
"If the Strait of Hormuz opens today, it will still take months for the market to rebalance, and if its opening is delayed by a few more weeks, then normalization will last into 2027," stated Amin H. Nasser. "The energy supply shock that began in the first quarter is the largest the world has ever experienced."
The foreign minister of Turkey will travel to Qatar to discuss the Iran War.
According to a Turkish diplomatic source on Monday, May 11, Turkish Foreign Minister Hakan Fidan will travel to Qatar on Tuesday, May 12, to discuss the Iran war, its effects on the Gulf, and initiatives to guarantee navigational safety in the Strait of Hormuz.
Since the beginning of the U.S.-Israeli war with Iran, Turkey, a NATO member and neighbor of Iran, has maintained tight ties with the United States, Iran, and mediator Pakistan. While denouncing attacks on Iran and denouncing Tehran's strikes on Gulf states as intolerable, it has urged for an end to the conflict.
Iran, U.S. are at impasse ahead of Trump's China trip
Iran and the United States reached an impasse again Monday (May 11) over how to end their war while their ceasefire grew increasingly shaky, with the two sides exchanging fire in recent days, ships and Gulf states being targeted, and fighting flaring between Israel and the Lebanese militant group Hezbollah.
The volatility could tip West Asia back into open warfare and prolong the worldwide energy crisis sparked by the conflict, with Iran’s chokehold on the Strait of Hormuz and America’s blockade of Iranian ports still in place. US President Donald Trump is expected to use a trip this week to China to urge Chinese President Xi Jinping to pressure Iran into making concessions and end the current limbo. Beijing is the biggest buyer of the Islamic Republic’s sanctioned crude oil, giving it leverage.
11 May 2026, 14:16
Iran's Foreign Ministry stated on Monday, May 11, that in response to the most recent U.S. proposal, it has sought an end to the conflict in the region and the release of blocked assets overseas.
"We didn't ask for any compromises. In a weekly press conference, Ministry spokesperson Esmaeil Baqaei stated, "We only demanded Iran's legitimate rights."
He stated that "an end to the war in the region," the lifting of the US naval blockade, and the "release of assets belonging to the Iranian people, which have for years been unjustly trapped in foreign banks" were among Iran's demands.May 11, 2026 14:01
Bank of England Greene says worth waiting "a little while" for Iran war developments
Bank of England interest rate-setter Megan Greene said it was worth waiting “a little while” to see how the Iran war unfolds before deciding whether to raise interest rates, in an interview published on Monday (May 11).
“It’s worth waiting for a little while to see what happens with the progression of this war and therefore see what we can infer about how it will propagate through the economy before we make a move,” Ms. Greene told a Bloomberg podcast.
“We’ve now had a negative supply shock, an energy shock, and that stands to push inflation up and growth down, which is a terrible situation for a central banker to be in.”
May 11, 2026 12:28
South Korea condemns in strongest terms attack on cargo ship, vows to respond
South Korea’s presidential Blue House on Monday (May 11) condemned in the strongest terms an attack against a cargo ship operated by a Korean shipper this month in the Strait of Hormuz and said it plans to respond once the source of the attack is identified.
South Korean experts have conducted an initial forensic analysis of the damage to the port stern, a senior Blue House official told reporters. The attack had led to a fire in the vessel’s engine room.
May 11, 2026 12:27
EU expected to agree long-stalled sanctions on Israeli settlers: Kallas
The European Union was expected Monday (May 11) to agree new sanctions on Israeli settlers over violence against Palestinians, the bloc’s top diplomat said, as a change of government in Hungary ends months of blockage.
“I expect political agreement on the sanctions on violent settlers, hopefully we will get there,” EU foreign policy chief Kaja Kallas said ahead of a meeting of the bloc’s Foreign Ministers.
The move in response to rising violence and settlement expansion in the Israeli-occupied West Bank had been stalled by former Hungarian Prime Minister Viktor Orban.
President Donald Trump stated on Monday, May 11, 2026, that the ceasefire with Iran was at its "weakest" and on "massive life support."
"It is at its most vulnerable. In answer to a query on the truce with Iran following the rejection of the peace proposal, Mr. Trump told reporters at the Oval Office, "After reading that piece of garbage they sent us... It's on life support, massive life support."
Shortly after, Mohammad Bagher Ghalibaf, the speaker of the Iranian parliament and principal negotiator in earlier negotiations with Washington, declared that his nation was ready "for any eventuality."
He wrote on X, "Our armed forces are prepared to respond and to teach a lesson for any aggression." "The world already knows that poor decisions and strategies always result in poor outcomes."
The chairman of a UN task team tasked with preventing an impending humanitarian crisis told AFP that tens of millions of people could starve to death if fertilizers are not soon permitted through the Strait of Hormuz.
Twelve Iran-affiliated people and organizations are sanctioned by the US due to oil sales to China.
Days before US President Donald Trump's visit to Beijing, on Monday, May 11, 2026, the US placed sanctions on 12 people and organizations that it claimed helped sell and ship Iranian oil to China.
A statement from the U.S. Treasury stated, "The IRGC relies on front companies in permissive economic jurisdictions to obfuscate its role in oil sales and funnel the revenue to the Iranian regime." The statement listed companies based in Hong Kong and the United Arab Emirates as well as a number of Iranian individuals who were being punished.
Iran's Islamic Revolutionary Guard Corps is known as the IRGC.
Trump promises "total victory" over Iran.
Despite mounting pressure to seek a peace agreement, U.S. President Donald Trump stated he is still striving for "complete victory" in the war against Iran.
Mr. Trump told reporters, "We're going to have a complete victory," adding that Iran believes "I'll get tired of this." Either I'll become bored or I'll feel under strain. However, there is no pressure.
U.S. President Donald Trump stated that the ceasefire between the United States and Iran was on "massive life support" because the two countries could not agree on terms to begin negotiations to end their war.
He told reporters that "the ceasefire is on massive life support, where the doctor walks in and says, 'Sir, your loved one has approximately a one percent chance of living."
The world's "largest energy shock" was triggered by the West Asia War, according to Saudi Aramco CEO
The CEO of Saudi oil firm Aramco warned investors on Monday (May 11, 2026) that the world's largest energy shock was caused by the West Asia war and that even if the Hormuz blockade is lifted soon, the market recovery is expected to last into 2027.
"If the Strait of Hormuz opens today, it will still take months for the market to rebalance, and if its opening is delayed by a few more weeks, then normalization will last into 2027," stated Amin H. Nasser. "The energy supply shock that began in the first quarter is the largest the world has ever experienced."
The foreign minister of Turkey will travel to Qatar to discuss the Iran War.
According to a Turkish diplomatic source on Monday, May 11, Turkish Foreign Minister Hakan Fidan will travel to Qatar on Tuesday, May 12, to discuss the Iran war, its effects on the Gulf, and initiatives to guarantee navigational safety in the Strait of Hormuz.
Since the beginning of the U.S.-Israeli war with Iran, Turkey, a NATO member and neighbor of Iran, has maintained tight ties with the United States, Iran, and mediator Pakistan. While denouncing attacks on Iran and denouncing Tehran's strikes on Gulf states as intolerable, it has urged for an end to the conflict.
Iran, U.S. are at impasse ahead of Trump's China trip
Iran and the United States reached an impasse again Monday (May 11) over how to end their war while their ceasefire grew increasingly shaky, with the two sides exchanging fire in recent days, ships and Gulf states being targeted, and fighting flaring between Israel and the Lebanese militant group Hezbollah.
The volatility could tip West Asia back into open warfare and prolong the worldwide energy crisis sparked by the conflict, with Iran’s chokehold on the Strait of Hormuz and America’s blockade of Iranian ports still in place. US President Donald Trump is expected to use a trip this week to China to urge Chinese President Xi Jinping to pressure Iran into making concessions and end the current limbo. Beijing is the biggest buyer of the Islamic Republic’s sanctioned crude oil, giving it leverage.
11 May 2026, 14:16
Iran's Foreign Ministry stated on Monday, May 11, that in response to the most recent U.S. proposal, it has sought an end to the conflict in the region and the release of blocked assets overseas.
"We didn't ask for any compromises. In a weekly press conference, Ministry spokesperson Esmaeil Baqaei stated, "We only demanded Iran's legitimate rights."
He stated that "an end to the war in the region," the lifting of the US naval blockade, and the "release of assets belonging to the Iranian people, which have for years been unjustly trapped in foreign banks" were among Iran's demands.May 11, 2026 14:01
Bank of England Greene says worth waiting "a little while" for Iran war developments
Bank of England interest rate-setter Megan Greene said it was worth waiting “a little while” to see how the Iran war unfolds before deciding whether to raise interest rates, in an interview published on Monday (May 11).
“It’s worth waiting for a little while to see what happens with the progression of this war and therefore see what we can infer about how it will propagate through the economy before we make a move,” Ms. Greene told a Bloomberg podcast.
“We’ve now had a negative supply shock, an energy shock, and that stands to push inflation up and growth down, which is a terrible situation for a central banker to be in.”
May 11, 2026 12:28
South Korea condemns in strongest terms attack on cargo ship, vows to respond
South Korea’s presidential Blue House on Monday (May 11) condemned in the strongest terms an attack against a cargo ship operated by a Korean shipper this month in the Strait of Hormuz and said it plans to respond once the source of the attack is identified.
South Korean experts have conducted an initial forensic analysis of the damage to the port stern, a senior Blue House official told reporters. The attack had led to a fire in the vessel’s engine room.
May 11, 2026 12:27
EU expected to agree long-stalled sanctions on Israeli settlers: Kallas
The European Union was expected Monday (May 11) to agree new sanctions on Israeli settlers over violence against Palestinians, the bloc’s top diplomat said, as a change of government in Hungary ends months of blockage.
“I expect political agreement on the sanctions on violent settlers, hopefully we will get there,” EU foreign policy chief Kaja Kallas said ahead of a meeting of the bloc’s Foreign Ministers.
The move in response to rising violence and settlement expansion in the Israeli-occupied West Bank had been stalled by former Hungarian Prime Minister Viktor Orban.
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