The department’s comptroller signaled the figure could continue to evolve.

NEW DELHI, May 14 (Reuters) - Indian Foreign Minister Subrahmanyam Jaishankar said on Thursday that unimpeded maritime flows through international waters, including the Strait of Hormuz, are vital for global economic well-being.

“Oh, I can explain,” Meyers declared. “He lies.” The Times report this week seemed to obliterate Trump’s assertions that the U.S. had “decimated” Iran’s military capabilities and that “never in the history of warfare has an enemy suffered such a clear and devastating large-scale losses in a matter of weeks.”

Iran's military says it's trained and ready for any new U.S. assault as President Trump predicted a "long talk" about the war with China's President Xi in Beijing.

The Iran war is the focus of today’s newsletter as the foreign ministers of the BRICS group meet in India in a bid to reach a unified position and produce a joint statement. The meeting comes as fuel shortages hit nations across the group from India to South Africa.

Follow real-time developments as the US-Iran conflict enters a sensitive diplomatic phase marked by fragile ceasefire conditions, geopolitical manoeuvring and continued violence across the region. Track the latest updates on Trump’s Beijing visit,

Iran is reported to want lifting of the US naval blockade, recognition of Iranian sovereignty over the Strait of Hormuz and compensation for war damage.

Before US President Donald Trump and Chinese leader Xi Jinping entered the banquet hall, guests gathered around Elon Musk’s table to take selfies with the tech billionaire. Lei Jun, chief executive of Chinese smartphone maker Xiaomi,

Amid boiling tensions over the Middle East conflict, Iranian Foreign Minister Abbas Araghchi criticised the US and Israel at the BRICS foreign ministers’ meeting in New Delhi, accusing both countries of "expansionism and warmongering" and warning that instability in the Middle East would become a "lose-lose proposition for all sides".