Plus, Trump blasts Big Oil companies and rising beef costs pressure Tyson’s bottom line.
Qatar says progress made toward US-Iran talks on ending war
Iran has halted most traffic through Hormuz while Washington maintains a blockade of Iranian shipping and ports.
Trump cancels Iran strikes at countries’ request ahead of Monday talks
President Donald Trump says a deal with Iran to reopen the Strait of Hormuz and ensure the denuclearization of Tehran is “imminent” on Monday. Iran has confirmed it is in talks with mediators.
India raises $40bn from diaspora to support sagging rupee
India has shed a net $46bn in reserves since the US and Israel attacked Iran at the end of February. They stand at $682bn as of July 24, the latest data available, after rising by almost $10bn from …
More than half of some US weapons stockpiles used in Iran war, raising concerns about China threat
CSIS warns depleted U.S. weapons stockpiles from the Iran war could embolden China as President Xi watches munitions levels amid Taiwan tensions.
The Iran War’s Forgotten Captives: Sailors Trapped in the Persian Gulf
Thousands of civilian workers remain stranded on ships at risk of attack by Iran. On one vessel, sailors have been held by the Iranian navy for more than three months.
Why Trump is downplaying reports Russia and China are helping Iran
Trump says he’ll ask Putin directly about satellite imagery allegations as experts warn Russia and China are quietly aiding Iran against U.S. forces.
AI data centers have become sitting ducks in the Iran war
Iran’s strategy to counter military might with economic pain has exposed a vulnerability in one of the world’s most vital interests: AI data centers.
Oil Drops as Trump Says Iran Talks to Resume After Calling Off Planned Attack
Crude oil prices were falling Monday as US President Donald Trump said talks with Iran were set to begin Monday after he called off a planned military strike against the Gulf nation. West Texas …
Iran war hit euro zone consumption especially hard, ECB says
Euro zone consumption dropped sharply after the Iran war began, as household confidence tumbled, threatening economic growth, says ECB Bulletin.