Iran’s foreign minister is in China for the first time since the war began.
China asks banks to pause new loans to US-sanctioned refiners, Bloomberg News reports
May 6 (Reuters) – China’s financial regulator has advised the country’s largest lenders to temporarily suspend new loans to five refineries recently sanctioned by the U.S. over their ties to Iranian …
Trump’s surprise Iran move sends markets higher
Investors rushed back into risk assets on May 6 as signs of easing tensions between the United States and Iran triggered a sharp reversal across global markets. Oil prices fell, equities climbed and …
Trump’s surprise Iran move sends markets higher
Investors rushed back into risk assets on May 6 as signs of easing tensions between the United States and Iran triggered a sharp reversal across global markets. Oil prices fell, equities climbed and …
Iran War Ceasefire Just Crushed the Odds of a Recession By 10%
For months, investors have been trapped in a market roiled by the Iran war that could swing wildly in a single afternoon based on one Truth Social post by President Trump or one missile strike in the …
Iran War to Loom Large in Trump’s Coming China Visit
The news that the U.S. and Iran are moving toward restarting peace talks came as Tehran’s foreign minister visited Beijing, throwing a spotlight on President Trump’s own c …
Could China push Iran into a peace deal? Only if it gets something in return
A visit to Beijing by Iran’s top diplomat – days before US President Donald Trump is set to travel to the Chinese capital – has turned up the spotlight on a key question: can China take on the role of …
Gold, silver jump on report that the US and Iran are nearing a peace deal
Investors were assessing an Axios report that the US believes it’s close to an agreement with Iran on a one-page memorandum to end the war. What else you need to know: Gold has been an underperformer …
China steps up Iran war diplomacy days before Trump’s summit with Xi
China’s diplomatic role in the Iran war has come into sharper focus after talks between Chinese and Iranian foreign ministers on Wednesday, days before U.S. President Donald Trump is expected to meet …
China’s top envoy tells his Iranian counterpart a ‘comprehensive ceasefire’ is needed
Chinese Foreign Minister Wang Yi has told his Iranian counterpart Abbas Araghchi that China was “deeply distressed” over the war that has lasted more than two months and said a “comprehensive …