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Asian stock markets surged and oil prices fell after the United States and Iran confirmed a deal to end hostilities and reopen the Strait of Hormuz. The agreement removes a major threat to global energy supply, cutting oil import costs for Asia and easing inflation pressure across key economies.
Pakistan's Interior Minister Mohsin Naqvi is set to visit Tehran again, with PM Shehbaz Sharif personally briefing him ahead of the trip as Islamabad continues its shuttle diplomacy between the US and Iran.
Trump called Iran's peace proposal "garbage" and declared the ceasefire on "life support" as the Strait of Hormuz stays closed. He proposed suspending the federal gasoline tax to offset rising fuel prices driven by the supply disruption.
Iran's IRGC warned the US against attacking Iranian tankers as a US-Iran ceasefire holds in its early phase. Separately, Israeli strikes in Lebanon killed 24 people, keeping broader regional tensions elevated.
President Trump confirmed the US-Iran ceasefire is still holding despite clashes in the Strait of Hormuz, but warned Iran to sign a formal deal quickly. The standoff keeps pressure on oil markets, given that roughly 20 percent of global crude supply moves through the Strait.
Pakistan is mediating between the US and Iran on a short-term deal to end the current fighting. A senior Pakistani official says the priority is a permanent end-of-war declaration, with other disputes to be settled in subsequent direct talks.
Iran submitted a 14-point peace proposal to mediator Pakistan that reportedly sets a one-month deadline to reopen the Strait of Hormuz and end the US naval blockade.
President Trump sent Congress letters arguing his April 7 ceasefire order removes the legal obligation to seek war authorization, even as the Iran conflict passed the 60-day mark this week. The move lets the administration sustain military operations without a congressional vote, a claim lawmakers may contest.
President Trump said he is "not satisfied" with the US-Iran situation and framed the choice as either a military strike or a new deal. The standoff keeps oil markets on edge, with any escalation near the Strait of Hormuz threatening global energy supply.
Iran delivered a new peace proposal to Washington via Pakistan, but President Trump said Friday he was unsatisfied and gave no sign a deal was close. Trump simultaneously told Congress the ceasefire had "terminated" hostilities, using it to sidestep the 60-day War Powers Resolution deadline that expired Friday.
US stock futures dipped as ceasefire talks with Iran stalled, pushing Brent crude above $108 a barrel. Elevated oil prices risk squeezing corporate margins ahead of major tech earnings reports due this week.
President Trump formally told Congress the Israel-Iran ceasefire means hostilities have "terminated," arguing he never needed and still does not need congressional authorisation for military action involving Iran.
Iran delivered a new peace proposal to the US via Pakistan, but President Trump publicly rejected it, saying he was "not satisfied" with what Tehran offered. The ceasefire brokered by Pakistan remains in place, but talks are stalled with no date set for a second round.
Republican lawmakers say they will defer to President Trump on Iran policy as a ceasefire deadline nears. The unified stance gives Trump broad freedom to decide whether to pursue diplomacy or escalate. No timeline for the deadline was specified in the report.
President Trump announced U.S. negotiators will travel to Islamabad for ceasefire talks with Iran while accusing Tehran of truce violations. Pakistan's role as intermediary underscores the absence of direct U.S.-Iran diplomatic channels, raising the stakes of the talks. Trump's concurrent warning of severe
President Trump accused Iran of a 'total violation' of a ceasefire and confirmed US officials are heading to Pakistan to resume negotiations. Trump warned a peace deal would happen 'the nice way or the hard way,' keeping military options explicitly in play.
Iran's Foreign Minister Abbas Araghchi declared the Strait of Hormuz fully open for commercial shipping during the ceasefire, sending Brent crude down 10.7 percent to $88.74 and WTI down 11.1 percent to $81.07. The announcement reversed a supply-shock premium that had pushed oil near $120 a barrel and lifted Wall
Oil prices dropped nearly 10% after Iran confirmed the Strait of Hormuz would remain open during the US-Iran ceasefire, collapsing the geopolitical risk premium embedded in Brent crude and WTI. The move directly benefits fuel-intensive sectors including aviation and shipping while pressuring energy producers. Analysts
Pakistani PM Shehbaz Sharif is visiting Saudi Arabia, Qatar, and Turkey to rally diplomatic support for US-Iran negotiations while a ceasefire holds through next week. The push comes as the US maintains a naval blockade of Iran, tightening the timeline and stakes for any breakthrough. The ceasefire expiry date marks th
Pakistan's army chief arrived in Tehran to facilitate diplomatic resolution of the US-Iran conflict as Washington and Tehran reportedly consider extending a ceasefire. The US is simultaneously exploring a freeze on Iranian funds, adding financial pressure to active negotiations. The outcome of the ceasefire extension t
Tag
Asian stock markets surged and oil prices fell after the United States and Iran confirmed a deal to end hostilities and reopen the Strait of Hormuz. The agreement removes a major threat to global energy supply, cutting oil import costs for Asia and easing inflation pressure across key economies.
15d ago · 3 min · Global Affairs
Pakistan's Interior Minister Mohsin Naqvi is set to visit Tehran again, with PM Shehbaz Sharif personally briefing him ahead of the trip as Islamabad continues its shuttle diplomacy between the US and Iran.
24d ago · 4 min · Global Affairs
Trump called Iran's peace proposal "garbage" and declared the ceasefire on "life support" as the Strait of Hormuz stays closed. He proposed suspending the federal gasoline tax to offset rising fuel prices driven by the supply disruption.
1mo ago · 3 min · Global Affairs
Iran's IRGC warned the US against attacking Iranian tankers as a US-Iran ceasefire holds in its early phase. Separately, Israeli strikes in Lebanon killed 24 people, keeping broader regional tensions elevated.
1mo ago · 2 min · Global Affairs
President Trump confirmed the US-Iran ceasefire is still holding despite clashes in the Strait of Hormuz, but warned Iran to sign a formal deal quickly. The standoff keeps pressure on oil markets, given that roughly 20 percent of global crude supply moves through the Strait.
1mo ago · 2 min · Global Affairs
Pakistan is mediating between the US and Iran on a short-term deal to end the current fighting. A senior Pakistani official says the priority is a permanent end-of-war declaration, with other disputes to be settled in subsequent direct talks.
1mo ago · 2 min · Global Affairs
Iran submitted a 14-point peace proposal to mediator Pakistan that reportedly sets a one-month deadline to reopen the Strait of Hormuz and end the US naval blockade.
1mo ago · 3 min · Global Affairs
President Trump sent Congress letters arguing his April 7 ceasefire order removes the legal obligation to seek war authorization, even as the Iran conflict passed the 60-day mark this week. The move lets the administration sustain military operations without a congressional vote, a claim lawmakers may contest.
1mo ago · 2 min · Policy & Government
President Trump said he is "not satisfied" with the US-Iran situation and framed the choice as either a military strike or a new deal. The standoff keeps oil markets on edge, with any escalation near the Strait of Hormuz threatening global energy supply.
1mo ago · 2 min · Global Affairs
Iran delivered a new peace proposal to Washington via Pakistan, but President Trump said Friday he was unsatisfied and gave no sign a deal was close. Trump simultaneously told Congress the ceasefire had "terminated" hostilities, using it to sidestep the 60-day War Powers Resolution deadline that expired Friday.
1mo ago · 3 min · Global Affairs
US stock futures dipped as ceasefire talks with Iran stalled, pushing Brent crude above $108 a barrel. Elevated oil prices risk squeezing corporate margins ahead of major tech earnings reports due this week.
1mo ago · 2 min · Markets
President Trump formally told Congress the Israel-Iran ceasefire means hostilities have "terminated," arguing he never needed and still does not need congressional authorisation for military action involving Iran.
2mo ago · 2 min · Policy & Government
Iran delivered a new peace proposal to the US via Pakistan, but President Trump publicly rejected it, saying he was "not satisfied" with what Tehran offered. The ceasefire brokered by Pakistan remains in place, but talks are stalled with no date set for a second round.
2mo ago · 2 min · Global Affairs
Republican lawmakers say they will defer to President Trump on Iran policy as a ceasefire deadline nears. The unified stance gives Trump broad freedom to decide whether to pursue diplomacy or escalate. No timeline for the deadline was specified in the report.
2mo ago · 1 min · Global Affairs
President Trump announced U.S. negotiators will travel to Islamabad for ceasefire talks with Iran while accusing Tehran of truce violations. Pakistan's role as intermediary underscores the absence of direct U.S.-Iran diplomatic channels, raising the stakes of the talks. Trump's concurrent warning of severe
2mo ago · 1 min · Global Affairs
President Trump accused Iran of a 'total violation' of a ceasefire and confirmed US officials are heading to Pakistan to resume negotiations. Trump warned a peace deal would happen 'the nice way or the hard way,' keeping military options explicitly in play.
2mo ago · 1 min · Global Affairs
Iran's Foreign Minister Abbas Araghchi declared the Strait of Hormuz fully open for commercial shipping during the ceasefire, sending Brent crude down 10.7 percent to $88.74 and WTI down 11.1 percent to $81.07. The announcement reversed a supply-shock premium that had pushed oil near $120 a barrel and lifted Wall
2mo ago · 1 min · Markets
Oil prices dropped nearly 10% after Iran confirmed the Strait of Hormuz would remain open during the US-Iran ceasefire, collapsing the geopolitical risk premium embedded in Brent crude and WTI. The move directly benefits fuel-intensive sectors including aviation and shipping while pressuring energy producers. Analysts
2mo ago · 1 min · Markets
Pakistani PM Shehbaz Sharif is visiting Saudi Arabia, Qatar, and Turkey to rally diplomatic support for US-Iran negotiations while a ceasefire holds through next week. The push comes as the US maintains a naval blockade of Iran, tightening the timeline and stakes for any breakthrough. The ceasefire expiry date marks th
2mo ago · 1 min · Global Affairs
Pakistan's army chief arrived in Tehran to facilitate diplomatic resolution of the US-Iran conflict as Washington and Tehran reportedly consider extending a ceasefire. The US is simultaneously exploring a freeze on Iranian funds, adding financial pressure to active negotiations. The outcome of the ceasefire extension t
2mo ago · 1 min · Global Affairs
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