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President Trump said a first-stage deal to end the U.S.-Iran war could be signed as early as Sunday, but Iranian officials downplayed his timeline. Any signed agreement would move oil prices, Gulf markets, and regional security arrangements almost immediately.
Trump and Xi are meeting with a narrowed agenda after the Iran war diverted attention and diplomatic energy in both capitals. Investors and businesses should expect limited concrete outcomes, with deeper trade and technology disputes left unresolved.
Donald Trump arrives in Beijing seeking trade concessions and China's help on Iran, but analysts say the political and economic costs of the Iran conflict have weakened Washington's leverage ahead of talks with Xi Jinping.
Saudi Aramco reported a 26% rise in first-quarter profit, crediting its East-West pipeline reaching full capacity for helping offset supply disruptions from the Iran war. The pipeline bypasses the Strait of Hormuz, keeping Saudi crude exports flowing despite elevated regional risk.
Donald Trump is set to meet Xi Jinping in Beijing next week as the U.S. and China seek to stabilise ties strained by trade disputes, Taiwan tensions, and the Iran war. Markets and policymakers will watch for any signals on tariffs, chip export controls, and China's posture toward Iran.
Trump's prediction of a short, low-cost conflict with Iran is facing pressure as the war proves more prolonged and unpopular than the White House projected. Sustained fighting near the Strait of Hormuz risks lifting oil prices and creating economic and political costs for the administration.
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.
The Trump administration told Congress the Iran war is legally "terminated" under the ceasefire, bypassing a 60-day War Powers Act deadline for congressional approval. Trump has simultaneously rejected Iran's latest proposal and is reviewing new military options, keeping the conflict unresolved.
Spirit Airlines has ceased operations as jet fuel prices surge following the outbreak of war with Iran. Thousands of flights have been cut across Europe and the U.S., squeezing budget carriers hardest and likely pushing fares higher for travelers.
President Trump has rejected Iran's latest peace proposal, saying it includes demands he cannot agree to, as the conflict enters its 64th day. The breakdown removes any near-term prospect of a negotiated settlement and keeps regional and energy market risks elevated.
The Pentagon said the U.S. will withdraw about 5,000 troops from Germany over the next 6 to 12 months, fulfilling a threat made by President Trump. The move deepens a rift with Germany amid the U.S. war with Iran and raises questions about NATO alliance reliability.
China called for urgent steps to preserve a ceasefire involving Iran, with Foreign Ministry spokesperson Fu Cong rejecting US claims of Chinese-Iranian military cooperation as false. The stance reflects Beijing's economic stake in regional stability, given China's heavy reliance on Iranian oil.
The Trump administration declared the U.S.-Iran war "terminated" via ceasefire on Friday, just as a 60-day War Powers Resolution deadline arrived requiring congressional authorization. The move lets the White House sidestep a congressional vote, but lawmakers could still challenge the framing.
Minneapolis Fed President Neel Kashkari dissented at this week's Fed meeting, warning that the U.S.-backed war with Iran could drive an oil shock that forces the central bank into multiple rate hikes. He argued the Fed must publicly acknowledge that hikes remain a real possibility to defend its 2% inflation target.
Iran's president has described the US siege as 'intolerable' on day 63 of the conflict, as Donald Trump signaled military strikes could resume. A return to active hostilities would carry significant risk for regional stability and global oil prices.
The top U.S. Middle East commander briefed Trump on military options as the Persian Gulf blockade drives oil prices higher. Diplomatic talks with Iran remain stalled, and a congressional deadline for wartime authorization is approaching. Defense Secretary Hegseth also faced fresh scrutiny from lawmakers.
Foreign investors pulled over $20 billion from Indian stocks in the first four months of 2026, topping all of last year's record outflow. An Iran war-driven oil price spike raised costs for India, one of the world's largest crude importers, souring investor sentiment. Sustained high oil prices could extend the selloff
A key U.S. inflation gauge jumped to a three-year high in March as the Iran war pushed gas prices sharply higher. The reading reduces the chances of near-term Federal Reserve interest rate cuts, keeping borrowing costs elevated for consumers and businesses.
U.S. GDP grew at a 2% annual rate in Q1, supported by AI-sector investment. War-driven inflation from the Iran conflict is offsetting some of that momentum by raising costs across the economy. The path forward depends on whether inflation persists or eases.
Trump said the US blockade of Iranian ports is producing results and called on Tehran to 'give up' on day 62 of the conflict. A sustained blockade threatens Iran's oil export revenue and could tighten global crude supply. No public response from Iran has been reported.
Tag
President Trump said a first-stage deal to end the U.S.-Iran war could be signed as early as Sunday, but Iranian officials downplayed his timeline. Any signed agreement would move oil prices, Gulf markets, and regional security arrangements almost immediately.
16d ago · 4 min · Global Affairs
Trump and Xi are meeting with a narrowed agenda after the Iran war diverted attention and diplomatic energy in both capitals. Investors and businesses should expect limited concrete outcomes, with deeper trade and technology disputes left unresolved.
1mo ago · 3 min · Global Affairs
Donald Trump arrives in Beijing seeking trade concessions and China's help on Iran, but analysts say the political and economic costs of the Iran conflict have weakened Washington's leverage ahead of talks with Xi Jinping.
1mo ago · 3 min · Global Affairs
Saudi Aramco reported a 26% rise in first-quarter profit, crediting its East-West pipeline reaching full capacity for helping offset supply disruptions from the Iran war. The pipeline bypasses the Strait of Hormuz, keeping Saudi crude exports flowing despite elevated regional risk.
1mo ago · 2 min · Global Affairs
Donald Trump is set to meet Xi Jinping in Beijing next week as the U.S. and China seek to stabilise ties strained by trade disputes, Taiwan tensions, and the Iran war. Markets and policymakers will watch for any signals on tariffs, chip export controls, and China's posture toward Iran.
1mo ago · 2 min · Global Affairs
Trump's prediction of a short, low-cost conflict with Iran is facing pressure as the war proves more prolonged and unpopular than the White House projected. Sustained fighting near the Strait of Hormuz risks lifting oil prices and creating economic and political costs for the administration.
1mo ago · 2 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
The Trump administration told Congress the Iran war is legally "terminated" under the ceasefire, bypassing a 60-day War Powers Act deadline for congressional approval. Trump has simultaneously rejected Iran's latest proposal and is reviewing new military options, keeping the conflict unresolved.
1mo ago · 2 min · Global Affairs
Spirit Airlines has ceased operations as jet fuel prices surge following the outbreak of war with Iran. Thousands of flights have been cut across Europe and the U.S., squeezing budget carriers hardest and likely pushing fares higher for travelers.
1mo ago · 2 min · Global Affairs
President Trump has rejected Iran's latest peace proposal, saying it includes demands he cannot agree to, as the conflict enters its 64th day. The breakdown removes any near-term prospect of a negotiated settlement and keeps regional and energy market risks elevated.
1mo ago · 2 min · Global Affairs
The Pentagon said the U.S. will withdraw about 5,000 troops from Germany over the next 6 to 12 months, fulfilling a threat made by President Trump. The move deepens a rift with Germany amid the U.S. war with Iran and raises questions about NATO alliance reliability.
1mo ago · 2 min · Global Affairs
China called for urgent steps to preserve a ceasefire involving Iran, with Foreign Ministry spokesperson Fu Cong rejecting US claims of Chinese-Iranian military cooperation as false. The stance reflects Beijing's economic stake in regional stability, given China's heavy reliance on Iranian oil.
1mo ago · 2 min · Global Affairs
The Trump administration declared the U.S.-Iran war "terminated" via ceasefire on Friday, just as a 60-day War Powers Resolution deadline arrived requiring congressional authorization. The move lets the White House sidestep a congressional vote, but lawmakers could still challenge the framing.
2mo ago · 2 min · Global Affairs
Minneapolis Fed President Neel Kashkari dissented at this week's Fed meeting, warning that the U.S.-backed war with Iran could drive an oil shock that forces the central bank into multiple rate hikes. He argued the Fed must publicly acknowledge that hikes remain a real possibility to defend its 2% inflation target.
2mo ago · 1 min · Global Affairs
Iran's president has described the US siege as 'intolerable' on day 63 of the conflict, as Donald Trump signaled military strikes could resume. A return to active hostilities would carry significant risk for regional stability and global oil prices.
2mo ago · 1 min · Global Affairs
The top U.S. Middle East commander briefed Trump on military options as the Persian Gulf blockade drives oil prices higher. Diplomatic talks with Iran remain stalled, and a congressional deadline for wartime authorization is approaching. Defense Secretary Hegseth also faced fresh scrutiny from lawmakers.
2mo ago · 1 min · Global Affairs
Foreign investors pulled over $20 billion from Indian stocks in the first four months of 2026, topping all of last year's record outflow. An Iran war-driven oil price spike raised costs for India, one of the world's largest crude importers, souring investor sentiment. Sustained high oil prices could extend the selloff
2mo ago · 1 min · Markets
A key U.S. inflation gauge jumped to a three-year high in March as the Iran war pushed gas prices sharply higher. The reading reduces the chances of near-term Federal Reserve interest rate cuts, keeping borrowing costs elevated for consumers and businesses.
2mo ago · 1 min · Economy
U.S. GDP grew at a 2% annual rate in Q1, supported by AI-sector investment. War-driven inflation from the Iran conflict is offsetting some of that momentum by raising costs across the economy. The path forward depends on whether inflation persists or eases.
2mo ago · 1 min · Economy
Trump said the US blockade of Iranian ports is producing results and called on Tehran to 'give up' on day 62 of the conflict. A sustained blockade threatens Iran's oil export revenue and could tighten global crude supply. No public response from Iran has been reported.
2mo ago · 1 min · Global Affairs