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May 13, 2026
Iran War Enters Day 75: Trump-Xi Talks in Beijing as Gulf Tensions Rise
US President Donald Trump arrived in Beijing for high-stakes talks with Chinese President Xi Jinpin…
The Lead
US President Donald Trump departed for Beijing on Tuesday for a high-stakes summit with Chinese President Xi Jinping, saying the two leaders would hold a 'long talk' on Iran even as trade remains the main focus of the visit.
Iran's Stance on Peace
Iran presses US on peace proposal: Iran's chief negotiator and Parliament Speaker Mohammad Bagher Ghalibaf said Washington must accept Tehran's latest peace plan or face failure.
Report says Iran retains missile strength: The New York Times reported Tuesday that classified US intelligence assessments say Iran still has substantial missile capabilities, with about 70 percent of its mobile launchers and pre-war missile stockpile still in action.
War Diplomacy
Chinese supertanker crosses Hormuz: Chinese crude oil supertanker Yuan Hua Hu was reportedly transiting the Strait of Hormuz on Wednesday, ship-tracking data showed, passing Iran's Larak Island while heading out of the Gulf.
Hezbollah rules out disarmament talks: Hezbollah chief Naim Qassem said his group's weapons were not part of forthcoming ceasefire negotiations between Lebanon and Israel.
Qatar warns over Hormuz pressure: Qatar's prime minister said Iran should not use the Strait of Hormuz, blocked since early in the war, as a means of 'blackmail' against Gulf states.
The Gulf
UAE gas facility hit by war: The UAE's main gas processing complex, one of the world's largest, will not resume full capacity until next year, its operator said, after it was hit in the Iran war.
Kuwait arrests alleged IRGC operatives: The country said it arrested four men accused of belonging to Iran's IRGC after they tried to infiltrate Bubiyan Island by sea and injured a Kuwaiti soldier.
In the US
Trump on Xi: Trump said he does not believe the US needs China's help to end the war involving Iran, but confirmed the issue would still feature in his talks with Xi Jinping this week.
Trump says war's end will bring down inflation: Facing growing domestic pressure over rising prices linked to the conflict, Trump said the war 'will not be long' and argued its end would trigger a sharp drop in oil prices and inflation.
US says Iran war has cost $29bn: Defense Secretary Pete Hegseth told lawmakers the war has cost Washington at least $29bn in munitions and equipment over 74 days, excluding damage to bases.
The Impact Analysis
The ongoing conflict in Iran has significant implications for the global economy, with rising oil prices and inflation being major concerns. The war has also led to a humanitarian crisis, with hundreds of thousands of students displaced and schools destroyed in Lebanon.
The Prediction
The future outlook for the conflict in Iran remains uncertain, with both sides showing no signs of backing down. However, with growing domestic pressure and international diplomacy, there is a possibility that the conflict could be resolved peacefully in the near future.
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