US plots blockade extension as costs of Iran war mount

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WASHINGTON, DC - APRIL 29: U.S. President Donald Trump speaks during an event with the Artemis II astronauts in the Oval Office of the White House on April 29, 2026 in Washington, DC. The astronauts set a new record for the farthest any human has ever traveled into space aboard the Artemis II Space Launch System rocket and Orion spacecraft, orbiting around the moon and back while reaching 252,756 miles from Earth. (Photo by Andrew Harnik/Getty Images)
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Trump sees blockade extension as best option for forcing Iran back to the negotiating table
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Live Updates a min ago Trump says Putin offered to help with Iran’s uranium stockpiles in phone call
Mediators in Pakistan expect to receive a revised peace proposal from Iran in the next few days. Also, the UAE will withdraw from OPEC this week. Follow for live updates.
Pentagon’s $25 billion cost estimate for Iran war is low and does not include cost of rebuilding US bases, sources say
The $25 billion estimate that a top Pentagon official gave to lawmakers on Wednesday for the total cost to date of the Iran war is a lowball figure that does not include the cost of repairing extensive damage suffered by US bases in the region, three people familiar with the matter told CNN.
• Video 1:15
Video Iran war leaves thousands of sailors stranded 1:15
The Strait of Hormuz has been shut since the start of the Iran war. Around 20,000 seafarers are stuck waiting to pass through. CNN’s Isobel Yeung spoke to one of the captains stuck on a cargo ship.

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