Earlier the U.S. revoked a waiver allowing Tehran to sell oil, eliminating a key incentive for Tehran in interim peace deal.
US launches strikes on Iran in response to ship attacks in Hormuz
The action comes after Iran attacked commercial ships near the Strait of Hormuz, threatening a peace deal agreed to end the U.S.-Iran war.
Trump is gaining surprising leverage over Iran
The massive decline in oil prices over the past few weeks has gifted the Trump administration with some unexpected leverage in its ongoing negotiations with Iran.
Will the Iran-US MoU reshape economic relations in the Gulf?
The memorandum envisages sanctions relief and a reconstruction fund, but investors remain wary of security risks …
‘Bin Laden Hid There For A Decade’: US Senator Tears Into Pakistan Over Iran Mediation
US Senator Rick Scott questioned Pakistan’s role as an Iran War mediator after Shehbaz Sharif praised Ayatollah Ali Khamenei at his funeral in Tehran., US News, Times Now …
Analysis-China breaks step with global markets, and investors buy in
By Tom Westbrook and Laura Matthews SINGAPORE/NEW YORK, July 7 (Reuters) – Investor thinking on Chinese assets is changing, as steady returns through the turbulence of the Iran war and AI frenzy show …
Iran war drove inflation expectations up, hurt business confidence: BoC
The Iran war both hampered business confidence and sent inflation expectations soaring, the Bank of Canada revealed in a new set of business outlook surveys published Monday.
Dubai Luxury Property Sales Climb Aided by Pre-War Deals
Dubai’s ultra-luxury real estate market posted record sales in the first half of the year, driven largely by transactions agreed on before the city felt the impact of the Iran-Israel conflict, …
Trump’s Iran war may be costing him voter support, new Financial Times poll suggests
Most American voters believe President Donald Trump’s military campaign against Iran has not been worth the cost, according to the Financial Times, with a new poll suggesting the conflict is hurting …
Indonesia, Singapore say key oil passage will remain ‘accessible’
Indonesia and Singapore vowed on Monday that the Strait of Malacca, a critical oil transit chokepoint in the region, will remain “accessible” even as Iran imposes fees on ships traversing the Strait …