The meeting is expected to focus on the ongoing economic shock from the war in Iran, which has driven up oil prices globally.

Despite requests from the president for support, many traditional U.S. allies have stayed on the sidelines. Trump has responded with threats and humiliation.

Iran’s security chief, Moshen Rezaei, has said that his country is preparing a list of conditions to present to the US to reopen the Strait of Hormuz. A US official told Al Jazeera that any deal between Iran and Oman about the Strait of Hormuz is of “no concern” to the Trump administration.

Six months after the U.S. and Israel launched the war, negotiations are at an impasse and President Donald Trump's administration has stepped up efforts to punish Iran financially.

By Timothy Gardner, Arathy Somasekhar and Anushree Mukherjee WASHINGTON/HOUSTON, Aug 31 (Reuters) - Six months into the U.S.-Israeli war with Iran, Washington may find it harder to calm jittery oil markets after U.

It has been six months since the U.S. and Israel went to war with Iran. One of their main goals was to bring down the regime in Tehran, but Iran's leaders have managed to hold onto power. Instead of collapsing,

Overall, the tenor from the military leadership is that the ongoing Iran operation, having reached the six-month mark, has been “too much for too long,” said one person familiar with the assessment.

President Donald Trump arrives at an awkward moment for his presidency on Friday as the U.S.-Israel war against Iran reaches the six-month mark.

By David Lawder ASHEVILLE, North Carolina, Aug 30 (Reuters) - U.S. Treasury Secretary Scott Bessent faces a major test of his economic diplomacy skills this week as he presses finance leaders from the G20 major economies to shrink global trade imbalances,

As the U.S. and Israel relentlessly bombed Iran in the opening days of war, the most dramatic predictions of the conflict’s toll were unsparing: surging oil prices, worldwide recession and economic catastrophe.