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Iran war: What’s happening on day 61 as UAE exits OPEC?

Trump says Iran is in a ‘state of collapse’ as Gulf leaders meet in Saudi Arabia.

A man gets a haircut in old market, amid a temporary ceasefire between Lebanon and Israel
A man gets a haircut in old market, amid a temporary ceasefire between Lebanon and Israel, in Tyre, southern Lebanon [Marko Djurica/Reuters]
Published On 29 Apr 2026

US President Donald Trump says Iran is in a “state of collapse” and has urged a swift lifting of the US blockade, as Gulf leaders meeting in Saudi Arabia call on Tehran to rebuild trust after “treacherous” regional attacks.

Meanwhile, Israeli strikes in southern Lebanon have killed three emergency workers, in what Lebanese President Joseph Aoun described as a “war crime”.

Here is what we know:

In Iran

War diplomacy

In the Gulf

In the US

In Israel

In Lebanon

Global economy