Iran Launches New Attack on Ship Passing Through Hormuz
Iranian armed forces attacked a cargo ship in the Strait of Hormuz on Thursday, briefly halting traffic through the waterway. The strike threatens a fragile US-Iran arrangement and could push shipping insurance costs and oil prices higher.
Yesterday · 3 min · Global Affairs
Gold poised for fourth weekly loss as hawkish Fed bets buoy dollar
Gold is on track for a fourth consecutive weekly decline as rising U.S. rate-hike bets strengthen the dollar, pressuring the metal's price. A fragile U.S.-Iran agreement and a Strait of Hormuz incident add geopolitical risk but have not been enough to offset the dollar's pull.
3d ago · 3 min · Markets
Trump seeks ‘off-ramp’ from war in ‘Iran deal’
President Donald Trump is pursuing a diplomatic off-ramp from potential military conflict with Iran, with reports suggesting a possible US-Iran agreement is taking shape. A deal could ease pressure on global oil markets, but terms and timeline remain unconfirmed.
7d ago · 3 min · Global Affairs
Potential agreement with Iran would include opening of Strait of Hormuz, Trump says
President Trump said a nuclear deal with Iran could be signed over the weekend, with documents in "pretty final shape," and confirmed the agreement would include opening the Strait of Hormuz. A credible deal would remove a major oil-price risk premium and could add Iranian crude supply back to global markets.
16d ago · 3 min · Global Affairs
Trump cancels strikes against Iran planned for Thursday
President Trump cancelled planned US military strikes against Iran on Thursday, saying diplomatic talks had made enough progress to stand down. The reversal, coming hours after Trump threatened to hit Iran very hard, removes immediate conflict risk but leaves the broader standoff unresolved.
17d ago · 3 min · Global Affairs
Dollar heads for weekly loss on reports of US-Iran ceasefire deal
The US dollar is heading for a weekly decline after reports of a potential US-Iran ceasefire deal reduced demand for safe-haven assets. A confirmed agreement could extend dollar weakness and lift emerging market currencies and commodity prices.
1mo ago · 3 min · Markets
Oil falls slightly on reports of potential US-Iran ceasefire deal
Oil prices eased after reports emerged that the US and Iran may be nearing a ceasefire deal, reducing the geopolitical risk premium in crude markets. A formal agreement could eventually lead to more Iranian oil supply, pressuring prices further.
1mo ago · 3 min · Global Affairs
U.S. close to reaching an Iran deal as Trump says not to rush
The U.S. and Iran are close to a deal that would see Tehran give up its highly enriched uranium stockpile and reopen the Strait of Hormuz, regional officials say.
1mo ago · 3 min · Global Affairs
US, Iran Agree In Principle To Deal To Reopen Hormuz: Report
The US and Iran have reached a preliminary agreement in principle that includes Iran disposing of its highly enriched uranium and reopening the Strait of Hormuz. Final approval from President Donald Trump and Iran's Supreme Leader is still pending, keeping oil markets on alert.
1mo ago · 3 min · Global Affairs
Strait Of Hormuz To Re-Open? Trump Says Agreement With Iran 'Largely Negotiated'
President Trump claimed a deal with Iran over the Strait of Hormuz is largely negotiated, but semi-official Iranian outlet Fars News denied any such agreement. The strait carries roughly 20 percent of global oil supply, so any resolution or continued standoff will directly affect energy prices.
1mo ago · 2 min · Global Affairs
Trump says Iran peace deal is 'largely negotiated', with provision to reopen Strait of Hormuz
Trump said a peace deal with Iran is largely negotiated and includes terms to reopen the Strait of Hormuz. Iran rejected the claim as incomplete and inconsistent with reality, leaving the status of any agreement unclear.
1mo ago · 3 min · Global Affairs
Trump says Iran agreement ‘largely negotiated’, awaiting finalisation
President Donald Trump said a nuclear deal with Iran is largely negotiated and awaiting finalization, with terms that include reopening the Strait of Hormuz. Confirmation of the agreement could ease oil market risk premiums and reduce the threat of disruption to a waterway carrying roughly 20 percent of global traded
1mo ago · 3 min · Global Affairs
Trump says ceasefire is on 'life support' as Iran standoff deepens and strait remains closed
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
Trump says ceasefire with Iran is 'on massive life support'
President Trump declared the U.S.-Iran ceasefire is "on massive life support" after calling Iran's response to a peace proposal "stupid." The breakdown raises the risk of renewed conflict and could push oil prices higher if the diplomatic track collapses entirely.
1mo ago · 2 min · Global Affairs
Iran war ceasefire grows increasingly shaky after Trump calls Tehran's latest proposal 'totally unacceptable'
President Trump called Iran's latest ceasefire proposal "totally unacceptable," throwing peace talks into doubt. A return to open conflict could reignite the Middle East war and worsen the ongoing global energy crisis.
1mo ago · 2 min · Global Affairs
Iran says its demands were seeking peace, while the US’s are ‘unreasonable’
Iranian foreign ministry spokesman Esmaeil Baqaei said the US dismissed Iran's latest response in nuclear talks and accused Washington of making unreasonable demands. A public breakdown in positions raises risks for oil markets and complicates any near-term diplomatic agreement.
1mo ago · 2 min · Global Affairs
What we know about Iran's response to US peace proposal
President Trump has rejected Iran's response to a US peace proposal, stalling negotiations and leaving the Middle East conflict without a diplomatic path forward. The breakdown raises the risk of escalation and adds uncertainty to regional oil supply.
1mo ago · 2 min · Global Affairs
Crude oil prices jump 4% on US-Iran peace talks failure; Brent crude near $104 per barrel
Brent crude jumped $3.18 to $104.47 a barrel after US-Iran peace talks collapsed, adding to Friday's gains for a roughly 4% two-day rally. The breakdown removes the prospect of fresh Iranian supply and adds a geopolitical risk premium to oil markets.
1mo ago · 2 min · Global Affairs
Trump rejects Iran's latest response to U.S. ceasefire proposal
President Trump rejected Iran's latest response to a U.S. ceasefire proposal, delivered through Pakistani mediators on Sunday. The breakdown keeps diplomatic tensions elevated and adds uncertainty to Middle East stability and energy markets.
1mo ago · 2 min · Global Affairs
Iran responds to US peace proposal, warns against new attacks
Iran has responded to a US peace proposal while warning against any new attacks on Iranian territory. The response arrived just before a US-China summit in South Korea, adding diplomatic weight to an already sensitive moment.
1mo ago · 2 min · Global Affairs