World
Iran’s president sets terms to end the war: Is an off-ramp in sight?
Iranian President Masoud Pezeshkian has laid out terms for ending the war with the United States and Israel in what analysts say is a possible sign of de-escalation from Tehran as the US-Israel war on Iran entered its 13th day on Thursday.
In a post on Wednesday on social site X, Pezeshkian said he had spoken to his counterparts in Russia and Pakistan, and that he had confirmed “Iran’s commitment to peace”.
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“The only way to end this war – ignited by the Zionist regime & US – is recognizing Iran’s legitimate rights, payment of reparations, and firm int’l guarantees against future aggression,” Pezeshkian wrote.
This is a rare posture from Tehran, which has maintained a defiant stance and initially rejected any possibility of negotiations or a ceasefire when war broke out nearly two weeks ago.
Pezeshkian’s statement comes as pressure mounts on the US to halt what has become a very costly mission. Analysts say speculation from Washington that Iran would quickly submit after the killing of Supreme Leader Ayatollah Ali Khamenei were misguided.
Tehran is likely going to determine the end of this war, not the US or Israel, because of its ability to inflict economic pain broadly, they say.
Amid a military pummelling by the US and Israel, Iran has launched heavy retaliatory strikes at US assets and other critical infrastructure in Gulf countries, upsetting global supplies. It has also adopted what analysts call “asymmetric” tactics – such as disrupting the critical Strait of Hormuz and threatening US banking-linked entities – to inflict as much economic pain on the region and wider world as it can.
This is what we know about Pezeshkian’s stance and what the pressures are on both sides to draw the conflict to a close, quickly.
What has the war cost so far?
Economically, both sides have weaponised energy. Israel first targeted Iran’s oil facilities in Tehran on March 8, prompting an outcry from global health experts over the potential risk of air and water pollution.
Iran has, meanwhile, tightened its chokehold on the Strait of Hormuz shipping route – the only route to open sea for oil producers in the Gulf – with its military promising on Wednesday that it has the capabilities to wage a long war that could “destroy” the world economy.
Attacks on ships in the strait, through which about 20 percent of global oil and gas traffic normally passes, have effectively closed the route.
Oil prices rocketed above $100 per barrel late last week, up from around $65 before the war, with ordinary buyers feeling the increases at pumps in the US, Europe and parts of Africa.
On Wednesday, Iran upped the ante, saying it would not allow “a litre of oil” to pass through the strait and warned the world to expect a $200-per-barrel price tag.
“We don’t know how quickly it’ll revert back,” Freya Beamish, chief economist at GlobalData TS Lombard, told Al Jazeera. “We do think it’ll revert back to $80 in due course, but the ball is to some degree in Iran’s court,” she said, adding that because Iran needs oil revenue, the price hikes are expected to be time-limited.
The International Energy Agency agreed on Wednesday to release 400 million barrels from the emergency reserves of several member states but it is not yet clear what impact that will have, nor how quickly this quantity of oil can be released.
Tehran has also been accused of directly attacking oil facilities in neighbouring countries this week. Iraq shut all its oil port operations on Thursday after explosive-laden Iranian “drone” boats appeared to have attacked two fuel tankers in Iraqi waters, setting them ablaze and killing one crew member.
A drone was filmed striking Oman’s Salalah oil port on Wednesday, although Tehran has denied involvement.
What are Iranian officials saying about ending the war?
There has been conflicting messaging from the Iranian leadership.
Iran’s elite army unit and parallel armed force, the Islamic Revolutionary Guard Corps (IRGC), continues to show defiance, issuing threats and launching attacks on Israel and US military assets and infrastructure in neighbouring Gulf countries.
However, the political leadership has appeared more inclined towards diplomacy, analysts say. On Wednesday, President Pezeshkian said that ending the war would take the US and Israel recognising Iran’s rights, paying Iran reparations – although it’s unclear how much is being asked for – and providing strong guarantees that a future war will not be waged.
In a video recording last week, he also apologised to neighbouring countries for the strikes and promised that Iran would stop hitting its neighbours as long as they do not allow the US to launch attacks from their territory.
“I personally apologise to the neighbouring countries that were affected by Iran’s actions,” the president said, adding that Tehran was not looking for confrontations with its neighbours.
However, it is not known how much sway the political leadership has over the IRGC. Hours after the president’s apology last week, air defence sirens went off in Saudi Arabia, Qatar, the UAE and Bahrain, as strikes continued on the Gulf.
So, what is Iran’s actual position?
“Iran wants to go to the end to make sure that the United States and Israel never attack Iran again … so this has to be the final battle,” Al Jazeera’s Resul Serdar Atas explained.
Indeed, the IRGC sees this as an existential war, but the timing of Pezeshkian’s statement about ending the conflict also shows Tehran is pressured economically, politically and militarily, Zeidon Alkinani of Qatar’s Georgetown University told Al Jazeera.
“These differences and divisions [between IRGC and political leaders] always existed even prior to this war but we may notice it now more, given the fact that the IRGC believes that it has the right to take the front seat in leading this regional war, which is why a lot of the statements and positions are contradicting with the official ones from Pezeshkian,” he said.
The IRGC reports directly to Iran’s Supreme National Security Council (SNSC) and not to the country’s political leadership. That council is led by Ali Larijani, a top politician and close aide to the late supreme leader, Ali Khamenei, who analysts describe as a “hardliner”.
In a post on X on Tuesday, Larijani responded to threats from Trump about attacks on the Strait of Hormuz, saying: “Iranian people do not fear your hollow threats; for those greater than you have failed to erase it … So beware lest you be the ones to vanish.”
The newly elected supreme leader, Mojtaba Khamenei, was once in the IRGC and was put forward by the unit as the next ayatollah after his father was killed on the first day of the war, analysts say. He is thus not expected to follow the reformist, diplomatic ideals of President Pezeshkian and other political leaders which his father managed to marry with the IRGC militarised stance, they say.
What do the US and Israel say about ending the war?
There have also been conflicting messages from the Trump administration and Israel regarding when the war mission on Iran, codenamed Operation Epic Fury, is likely to end.
Trump told US publication Axios on Wednesday that the war on Iran would end “soon” because there’s “practically nothing left to target”.
“Anytime I want it to end, it will end,” he added. He had said earlier on Monday that “we’re way ahead of our schedule” and that the US had achieved its goals, even as speculation mounts about a possible US ground mission.
On the other hand, Israel’s Defence Minister Israel Katz said on Wednesday that the war would go on “without any time limit, for as long as necessary, until we achieve all the objectives and decisively win the campaign”.
Analysts say Trump’s stance that the conflict will be quick reflects increasing pressure on his administration ahead of upcoming mid-term elections in November.
Trump’s advisers privately told him this week to find a quick end to the war and avoid political backlash, according to reporting by The Wall Street Journal. That came as polls from Quinnipiac University and The Washington Post suggested that most Americans are opposed to the war in Iran.
In his 2024 presidential campaign, Trump promised to lower prices, and inflation had stabilised at 2.4 percent ahead of the war, according to government data released on Wednesday. Analysts speculate the conflict will likely push it back up.
The US spent more than $11.3bn in the first six days of the war, Pentagon officials told lawmakers in a classified briefing on Tuesday, Reuters reported this week – nearly $2bn a day.
The Washington-based think tank, Center for Strategic and International Studies (CSIS), estimated that the war cost Washington $3.7bn in its first 100 hours alone, or nearly $900m a day, largely due to its expenditure on costly munitions.
“It’s quite ironic that [Trump] chose a war that would make affordability worse, not better,” Rebecca Christie, a senior fellow at the Bruegel think tank, told Al Jazeera’s Counting the Cost.
“Every time the US loses even one object, air defence or a plane or something like that, that represents an awful lot of money that could have been used on some of these issues that have an impact on people’s day-to-day lives in the United States.”
Olivia Rodrigo has announced dates for “The Unraveled Tour,” a huge 65-date run across North America, Europe, and the UK. The tour supports her third studio album, “You Seem Pretty Sad for a Girl So in Love,” out June 12, 2026 via Geffen Records.
Promoted by Live Nation, the global tour kicks off Friday, September 25 in Hartford, CT at PeoplesBank Arena and features multi-night plays in cities around the world including Washington, DC, Chicago, Atlanta, Nashville, Vancouver, Oakland, Las Vegas, Stockholm, Paris, Milan, and more.
Opening acts include Devon Again, Die Spitz, Grace Ives, The Last Dinner Party, and Wolf Alice will join Olivia on select dates. Full dates appear below.
Rodrigo is set to appear on “The Tonight Show With Jimmy Fallon” tonight (April 30), and will make her hosting debut with double duty on “Saturday Night Live” this weekend on May 2.
American Express is partnering with Olivia Rodrigo for the tour. Eligible American Express Card Members will have access to Amex Presale Tickets for the North America, Europe and UK dates starting Tuesday, May 5 at 12pm local time through Wednesday, May 6 at 10pm local time, while supplies last. Presale dates and times vary by show.
NORTH AMERICA TICKETS: The general onsale will begin Thursday, May 7 at 12pm local time.
EUROPE TICKETS: For Europe dates, fans can also register for presale access by pre-ordering the new album by signing up — no purchase necessary. Those already preordered will automatically receive a code. The general onsale begins Thursday, May 7 at 12pm local time.
UK TICKETS: For UK dates, tickets will first be available via an O2 presale beginning Tuesday, May 5 at 10am local time. Fans can also register for presale access by pre-ordering the new album or by signing up — no purchase necessary. Those who already preordered will automatically receive a code. The general onsale begins Thursday, May 7 at 12pm local time.
VIP: The Unraveled Tour will also offer VIP packages and experiences.
SILVER STAR TICKETS: Olivia Rodrigo will once again offer Silver Star Tickets on her upcoming tour, with a limited number of $20 USD tickets (or local currency equivalent, plus taxes where applicable) available at a later date. Originally introduced during the “Guts” world tour, the program is designed to make attending shows more accessible and affordable for fans. Tickets must be purchased in pairs, with a maximum of two per order. Seats will be assigned together, with locations revealed on the day of show at venue box office pickup. Ticket locations may include limited view, lower and upper levels, as well as floor seating.
OLIVIA RODRIGO’S FUND 4 GOOD: Fund 4 Good is a global initiative that supports community-based nonprofits to build an equitable and just future for all women and girls. Past donations supported organizations championing girls’ education, reproductive rights, and the prevention of gender-based violence. A portion of Olivia’s proceeds from ticket sales will benefit the fund.
THE UNRAVELED TOUR 2026/2027 DATES:
Fri, Sep 25—Hartford, CT—PeoplesBank Arena+
Sat, Sep 26—Hartford, CT—PeoplesBank Arena+
Tue, Sep 29—Pittsburgh, PA—PPG Paints Arena+
Wed, Sep 30—Pittsburgh, PA—PPG Paints Arena+
Sat, Oct 3—Washington, DC—Capital One Arena+
Sun, Oct 4—Washington, DC—Capital One Arena+
Wed, Oct 7—Charlotte, NC—Spectrum Center+
Thu, Oct 8—Charlotte, NC—Spectrum Center+
Sun, Oct 11—Chicago, IL—United Center+
Mon, Oct 12—Chicago, IL—United Center+
Thu, Oct 15—Boston, MA—TD Garden+
Sat, Oct 17—Boston, MA—TD Garden+
Wed, Oct 21—Montreal, QC—Bell Centre+
Thu, Oct 22—Montreal, QC—Bell Centre+
Mon, Oct 26—Toronto, ON—Scotiabank Arena+
Tue, Oct 27—Toronto, ON—Scotiabank Arena+
Thu, Oct 29—Columbus, OH—Schottenstein Center+
Fri, Oct 30—Columbus, OH—Schottenstein Center+
Sat, Nov 7—Philadelphia, PA—Xfinity Mobile Arena^
Sun, Nov 8—Philadelphia, PA—Xfinity Mobile Arena^
Wed, Nov 11—Atlanta, GA—State Farm Arena^
Thu, Nov 12—Atlanta, GA—State Farm Arena^
Sun, Nov 15—Orlando, FL—Kia Center^
Mon, Nov 16—Orlando, FL—Kia Center^
Thu, Nov 19—Sunrise, FL—Amerant Bank Arena^
Fri, Nov 20—Sunrise, FL—Amerant Bank Arena^
Mon, Nov 23—Nashville, TN—Bridgestone Arena^
Tue, Nov 24—Nashville, TN—Bridgestone Arena^
Tue, Dec 1—Vancouver, BC—Rogers Arena^
Wed, Dec 2—Vancouver, BC—Rogers Arena^
Mon, Dec 7—Seattle, WA—Climate Pledge Arena^
Tue, Dec 8—Seattle, WA—Climate Pledge Arena^
Fri, Dec 11—Oakland, CA—Oakland Arena^
Sat, Dec 12—Oakland, CA—Oakland Arena^
Tue, Dec 15—Sacramento, CA—Golden 1 Center^
Wed, Dec 16—Sacramento, CA—Golden 1 Center^
Sat, Dec 19—Las Vegas, NV—T-Mobile Arena^
Sun, Dec 20—Las Vegas, NV—T-Mobile Arena^
Tue, Jan 12—Los Angeles, CA—Intuit Dome#^
Wed, Jan 13—Los Angeles, CA—Intuit Dome#^
Sat, Jan 16—Los Angeles, CA—Intuit Dome#^
Sun, Jan 17—Los Angeles, CA—Intuit Dome#^
Thu, Feb 11—Brooklyn, NY—Barclays Center#^
Fri, Feb 12—Brooklyn, NY—Barclays Center#^
Mon, Feb 15—Brooklyn, NY—Barclays Center#^
Tue, Feb 16—Brooklyn, NY—Barclays Center#^
Fri Mar 19—Stockholm, Sweden—Avicii Arena~
Sat Mar 20—Stockholm, Sweden—Avicii Arena~
Tue Mar 23—Amsterdam, Netherlands—Ziggo Dome~
Wed Mar 24—Amsterdam, Netherlands—Ziggo Dome~
Thu Apr 1—Munich, Germany—Olympiahalle~
Fri Apr 2—Munich, Germany—Olympiahalle~
Mon Apr 5—London, UK—The O2~
Tue Apr 6—London, UK—The O2~
Thu Apr 8—London, UK—The O2~
Fri Apr 9—London, UK—The O2~
Fri Apr 23—Paris, France—La Defense Arena=
Tue Apr 27—Milan, Italy—Unipol Dome=
Wed Apr 28—Milan, Italy—Unipol Dome=
Sat May 1—Barcelona, Spain—Palau Sant Jordi=
Sun May 2—Barcelona, Spain—Palau Sant Jordi=
Support:
+ Wolf Alice
^ Devon Again
# The Last Dinner Party
~ Grace Ives
= Die Spitz
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Secretary of State Marco Rubio warned China that “the sovereignty of our hemisphere is non-negotiable” after the U.S. and regional allies accused Beijing of detaining Panama-flagged ships in a dispute tied to canal port control.
In a joint statement with Bolivia, Costa Rica, Guyana, Paraguay and Trinidad and Tobago, the U.S. said China’s actions targeting Panama-flagged vessels were a “blatant attempt to politicize maritime trade” and infringe on regional sovereignty, framing the dispute as a broader strategic test over control of one of the world’s most critical commercial arteries.
While the Panama dispute centers on shipping detentions rather than a physical blockade, critics increasingly view it alongside battles over other strategic choke points, such as the Strait of Hormuz, as part of a widening contest over whether Beijing or Washington will shape the rules governing global trade and energy corridors.
IRAN’S $800M OIL SMUGGLING SCHEME USES TANKERS POSING AS IRAQI SHIPS TO DODGE BLOCKADE
Containers and cranes at the Port of Balboa at the Pacific entrance of the Panama Canal in Panama City, Panama, Feb. 25, 2025.
The confrontation follows Panama’s Supreme Court decision earlier in 2026 to invalidate the legal framework behind Hong Kong-based CK Hutchison’s long-held control of the Balboa and Cristobal terminals flanking the Panama Canal, a choke point that handles roughly 5% of global maritime trade.
U.S. regulators have monitored nearly 70 Panama-flagged vessels detained by Chinese authorities since March 8, according to Reuters — a surge American officials say appears designed to retaliate against Panama and pressure global shipping.
“China has used Iran to destabilize the Middle East. In effect, Iran has been China’s proxy,” China expert Gordon Chang told Fox News Digital, arguing Beijing’s actions in Panama fit a broader global pattern in which China uses economic leverage, trade pressure and regional partners to expand influence while condemning similar tactics from Washington.
Chang said Beijing is now facing growing resistance as the U.S. increasingly moves not only against China directly, but also against governments and geopolitical flashpoints he argues have strengthened Beijing’s hand.
“Trump apparently decided that he would counter this sly tactic by taking China’s proxies — Venezuela, Cuba, and Iran — off the board,” Chang said.
HOUSE REPUBLICANS INTRODUCE BILL TO REPURCHASE PANAMA CANAL AFTER TRUMP RAISES CONCERNS OF CHINESE CONTROL
An aerial view shows the port of Rodman in Panama City Jan. 30, 2026. (Martin Bernetti/AFP)
He also framed pressure on Iran and threats to the Strait of Hormuz as part of a larger strategic effort aimed at both Tehran and Beijing.
“Closing the Strait of Hormuz is a two-fer, starving Iran’s regime and shaking China’s already fragile economy,” Chang said. “Trump is using energy to reorder the world.”
Chang also accused Beijing of hypocrisy over trade.
“China’s Communists invented hypocrisy. Nobody does hypocrisy better than the Chinese Communists,” he said, arguing China long benefited from a global trading system it increasingly weaponized for geopolitical purposes.
“The elemental truth is that China started this cycle of action and retaliation,” Chang said. “If China had not threatened America, America would not have leaned on Panama. If America had not leaned on Panama, China would not have detained Panamanian vessels.”
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Two cargo ships enter the Miraflores Locks of the Panama Canal in Panama City on Jan. 22. (Martin Bernetti/AFP)
China has rejected accusations that it is politicizing trade, with its foreign ministry arguing U.S. criticism reflects Washington’s own strategic ambitions around the canal.
China’s foreign ministry called the statement on Wednesday “entirely baseless and misleading”, said it would take steps to safeguard China’s interests in Panama, and accused the United States of politicizing ports, according to Reuters.
“China also urges the relevant countries not to be deceived or exploited by malevolent forces,” added Lin Jian, a foreign ministry spokesperson.
Fox News Digital reached out to the Chinese Embassy in Washington, D.C., for comment but did not receive a response in time for publication.
Reuters contributed to this article.
Published on
The Belgian government will partner with the French energy giant to revive nuclear power in its energy mix as soaring electricity prices, driven by ongoing disruptions in the Strait of Hormuz and uncertainty in the Middle East, have already pushed the country’s inflation to 4% in April.
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Belgium’s plans to phase out nuclear energy by 2025 were partly derailed by Russia’s 2022 invasion of Ukraine, which drove a surge in natural gas and electricity prices.
While the idea of revoking the 2003 Belgian law to shut down all nuclear reactors faced resistance from the Greens, the Belgian parliament repealed it in May 2025.
With a new energy crisis already driving electricity prices up by more than 50% and uncertainty over the duration of the Middle East crisis, Belgian Prime Minister Bart De Wever unveiled on Thursday a deal with Engie to conduct feasibility studies for a full takeover of the Belgian nuclear power plant and the halt of decommissioning activities.
“This government opts for secure, affordable, and sustainable energy. With less dependence on fossil fuel imports and more control over our own supply,” De Wever said on Thursday.
The deal signed on Thursday aims to reach an agreement on the takeover of the nuclear fleet by 1 October, but it remains unclear how much Belgium will pay for this nuclear renaissance.
Belgium boasts seven nuclear reactors: four at Doel in East Flanders and three in Tihange in Wallonia. Two of these are still operational: Doel 4 and Tihange 3. Their operating licenses were recently extended until 2035, but amid vulnerabilities exposed by the energy crisis, the government may consider extending them further.
“With this, the Belgian government assumes responsibility for the country’s long-term energy supply, with the aim of developing a financially and economically viable activity that supports security of supply, climate objectives, industrial resilience, and socio-economic prosperity,” reads the press statement from the Belgian government and Engie.
Belgian Energy Minister Mathieu Bihet dubbed the government’s decision a “coherent political vision” which will ensure cheaper energy prices and a reliable supply, while strengthening Belgium’s strategic energy autonomy.
“Less than a year after the law enabling the return of nuclear energy in Belgium came into force, this momentum is already materialising through our determination to regain control of our assets and capabilities,” Belgian Energy Minister Mathieu Bihet told Euronews.
In 2024, under Alexander de Croo’s government, Belgium hosted a landmark nuclear summit, drawing eleven EU countries to back a declaration to boost nuclear energy.
Two years later, Paris hosted the nuclear summit, with numerous nations in attendance pledging to deploy small modular reactors to counter energy price volatility and Commission President Ursula von der Leyen saying that phasing out nuclear power was a “strategic mistake”.
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