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Another day, another pivot as Trump flails in an Iran trap of his own making
NACHRICHT
06.05.2026

Another day, another pivot as Trump flails in an Iran trap of his own making

Latest proposal, derided by Tehran as a ‘wishlist’, could yet be a way out – but with 5,000 dead, it comes at an awful priceMiddle East crisis – live updatesAnother day, another hairpin turn in the world of Donald Trump’s foreign policy.The weekend was all about war, and Trump insisting Iran had not yet “paid a big enough price”. Tuesday was Project Freedom, styled as a grand “humanitarian gesture” to allow trapped ships and their crews to escape the Gulf, but also aimed at weakening Iran’s chokehold on the strait of Hormuz. Continue reading...

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Guardian Business
Oil prices fall below $100 a barrel as Trump hails ‘great progress’ on Iran deal
NACHRICHT
06.05.2026

Oil prices fall below $100 a barrel as Trump hails ‘great progress’ on Iran deal

Markets rally as US president announces ‘short’ pause to operation escorting ships through strait of HormuzBusiness live – latest updatesOil prices have fallen below $100 and stock markets rose as Donald Trump touted “great progress” towards a “final agreement” with Iran, and Tehran indicated it was ready to reopen the strait of Hormuz.The US president said he would briefly pause his “Project Freedom” operation escorting ships through the strait, which carries about a fifth of the world’s oil supplies but has been blockaded by Iran since late February, triggering a global energy crisis. Continue reading...

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Guardian Business
Oil prices retreat and global stocks hit record highs after Trump hails ‘great progress’ on Iran deal – business live
NACHRICHT
06.05.2026

Oil prices retreat and global stocks hit record highs after Trump hails ‘great progress’ on Iran deal – business live

US president pauses ‘Project Freedom’ to work on ‘final agreement’ with Tehran; stocks also ride high on AI euphoriaGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.Asian stock markets hit record highs, following in Wall Street’s footsteps, and oil prices retreated after Donald Trump hailed “great progress” towards a “final agreement” with Tehran.on the request of Pakistan and other Countries, the tremendous Military Success that we have had during the Campaign against the Country of Iran and, additionally, the fact that Great Progress has been made toward a Complete and Final Agreement with Representatives of Iran”.Investors bought and continue to add to positioning in the 2026 winners. There has been some buying in S&P 500 materials stocks, but it’s tech that continues to attract the bulk of flows, notably in Apple and the memory plays.9am BST: Eurozone services and composite PMIs for April9.30am BST: UK services and composite PMIs for April1.15pm BST: US ADP employment change for April Continue reading...

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Guardian Business