'Trump sceptical of Iran's proposal for Hormuz'

US Treasury Secretary Scott Bessent believes that the Iranian oil industry will start to stop production due to the US-imposed naval blockade.

"While the surviving leaders of the Revolutionary Guard Corps are trapped like rats drowning in the sewers, Iran's creaking oil industry is starting to halt production due to the American blockade," Bessent wrote in X relaying the Wall Street Journal article that Iran is resorting to "extreme measures" to avoid halting oil production.

Iran has released a new detailed death toll from the deadly attack on a primary school in Minab on 28 February, the first day of the joint Israeli-American attack on the country. According to reports by the state broadcaster Irib and local media, 73 boys and 47 girls died in the attack. The death toll also includes 26 teachers, seven parents, a school bus driver and a pharmacy technician from the clinic adjacent to the school, bringing the total number of victims to 155, a lower figure than the more than 175 previously reported.

A superyacht linked to one of Russian President Vladimir Putin's key allies has crossed the Strait of Hormuz, despite the ongoing blockade. The BBC reports. It is the 142-metre-long luxury yacht 'North' linked to Russian billionaire Alexey Mordashov, who is subject to sanctions. The boat, it is explained, travelled from Dubai to Muscat, Oman, over the weekend and is one of the few private boats to have crossed the Straits in recent months. Mordashov, who has close ties to Putin, does not appear to be the official owner of the luxury vessel, however in 2022 the boat was registered in the name of a company owned by his wife. According to data from the Marine Traffic platform, the 'North', which is estimated to be worth over USD 500 million, left Dubai on Friday evening and arrived in Al Mouj, a marina in the Omani capital, on Sunday morning.