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US, Iran inch closer to deal, timing remains unclear

US, Iran inch closer to deal, timing remains unclear

by AIP Online Bureau | Jun 14, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Trump wrote on Truth Social that after a framework ​deal is signed, the Strait of Hormuz, a vital artery for global oil supplies that Iran has blocked, would immediately be “open to all.” WASHINGTON/DUBAI: U.S. and Pakistani leaders forecast a Sunday...
Anthropic suspends Fable 5, Mythos 5 AI models globally following US govt directive

Anthropic suspends Fable 5, Mythos 5 AI models globally following US govt directive

by AIP Online Bureau | Jun 13, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology

Fable 5, released Tuesday, is a locked-down version of Mythos 5, a cutting-edge AI model that Anthropic has held back from the public amid concerns that it had unprecedented abilities to identify software vulnerabilites — or holes in code that hackers could...
Iran declares Hormuz closed to all vessels after US strikes

Iran declares Hormuz closed to all vessels after US strikes

by AIP Online Bureau | Jun 11, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

“Effective immediately, due to insecurity in the region, the Strait of Hormuz is declared closed to all vessels, including oil tankers and commercial ships.Any vessel attempting to transit the strait will be targeted,” the IRGC said Iran’s Islamic...
US-Iran strikes threaten peace talks

US-Iran strikes threaten peace talks

by AIP Online Bureau | Jun 10, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

President Donald Trump said he retaliated against the Islamic Republic for shooting down an American Apache helicopter near the Strait of Hormuz. Tehran didn’t confirm shooting down the aircraft and said it was reconsidering whether to persist with negotiations in...
US strikes Iranian sites after Iran launches drones, in latest Gulf flare-up

US strikes Iranian sites after Iran launches drones, in latest Gulf flare-up

by AIP Online Bureau | Jun 6, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Iran’s Revolutionary Guards said they had attacked U.S. ​bases in Kuwait and Bahrain in retaliation for U.S. strikes and fired at four tankers trying to cross the strait without its permission. DUBAI/WASHINGTON: U.S. forces struck Iranian coastal radar sites on...
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