The dollar remains strong against most currencies, nearing a 40-year low against the yen. Federal Reserve projections hinting at a year-end rate hike are boosting the dollar, while traders watch for potential Japanese intervention to support the yen.
Mohammad Bagher Qalibaf, Iran's parliamentary speaker and former IRGC commander, emerged as a key negotiator in the recent US-Iran deal, despite his past anti-US rhetoric. Analysts describe him as an "authoritarian technocrat" with deep ties to the regime, making him a pragmatic figure for the US to deal with.
The Trump White House postponed VP JD Vance's visit to Switzerland to sign a US-Iran MoU due to ongoing Israel-Hezbollah clashes. The deal, dubbed a "surrender document" by critics, faces domestic backlash and has strained US-Israel relations.
At least 20 oil tankers have transited the Strait of Hormuz since the US and Iran reopened the sea lane, with Thursday seeing the highest traffic since June 2. Iranian supertankers are reactivating transponders, suggesting a gradual return to normal crude trade patterns.
Israel is angry and worried about the US-Iran memorandum of understanding, despite Prime Minister Netanyahu's public restraint. The deal, which includes a reconstruction plan for Iran and a termination of military operations, has upended Israeli assumptions about its "special relationship" with the US. Israel responded to the agreement by pounding Lebanon, leading to a reported ceasefire likely due to US pressure.
Global stock markets are generating significant wealth for investors, with Ed Yardeni raising his S&P 500 target. US companies report strong profits driven by AI and consumer giants. However, doomsayers point to slowing global GDP growth, rising oil prices, and high debt levels as potential risks.
Vice President Vance postpones Switzerland trip to negotiate Iran peace deal. Obama Presidential Center opens with former presidents. NYC celebrates Knicks' first NBA championship since 1973. DHS plans facial recognition for immigrant identification.
Israel's far-right ministers called for the complete destruction of Lebanon after four IDF soldiers were killed in an escalation with Hezbollah. This clashes with US efforts for an interim deal with Iran to halt the wider war.
At least 18 people were killed and 33 injured in intense Israeli air strikes in southern Lebanon overnight. This follows a US-Iran deal aimed at ending Middle East conflict, including a Lebanon ceasefire, but Israel insists its conflict with Hezbollah is separate and has no plans to withdraw forces.
Lebanon reported 18 killed and 33 wounded in Israeli air strikes in the south. Israel's military announced the deaths of four soldiers, including a Lieutenant Colonel, marking the first fatalities since a US-Iran deal to halt regional conflict.
Oil prices edged up as traders assessed the impact of a potential US-Iran agreement on the Strait of Hormuz. Regional conflicts and shipping concerns created market volatility, with some tankers resuming passage but overall traffic significantly reduced.
Nearly 80 million barrels of non-sanctioned crude oil are waiting in the Persian Gulf, ready to move through the Strait of Hormuz following an interim US-Iran agreement to restore transit. Abu Dhabi National Oil Co. has instructed customers to resume loading crude, signaling a potential increase in shipping activity.
The US and Iran have signed a memorandum of understanding to end a war, with the US lifting its naval blockade of Iran and Iran hailing wartime gains. Vice President JD Vance defended the deal amid criticism, while Iran warned against US violations. The deal has strained US-Israel relations.
Talks for a US-Iran peace agreement in Switzerland were cancelled after US VP JD Vance withdrew. Former President Trump described the deal as 'unconditional surrender' by Tehran. Meanwhile, stock markets remain near record highs despite uncertainty, and crude prices have steadied.
US Vice President JD Vance publicly defended the US-Iran deal and criticized Israeli detractors, stating Israel should be grateful for US support. Analysts call the remarks unprecedented, signaling a low point in US-Israeli relations.
Vice President JD Vance is defending a US-Iran deal, facing criticism from Republicans and jokes from President Trump about being blamed if it fails. Vance's role highlights internal party divisions and challenges in negotiating a complex agreement.
A new US-Iran agreement seeks to end the war, reopen the Strait of Hormuz, ease sanctions, and restart nuclear talks within 60 days. However, major issues from the recent conflict remain unresolved, including Iran's nuclear program and support for militant groups.
US Vice President JD Vance warned Israeli critics of the US-Iran agreement, defending President Trump and stating Washington is Israel's only powerful ally. Vance criticized Israeli ministers, emphasizing US military support and questioning Israel's approach to national security.
Pakistani mediators, with Qatari intervention, secured a preliminary US-Iran deal after weeks of intense diplomacy. The interim agreement aims to end conflict and blockades, but turning it into a permanent settlement will be more challenging due to deep distrust.
Iranians voice deep disappointment with the US-Iran memorandum of understanding, feeling abandoned as the deal prioritizes US interests over their hopes for regime change and improved living conditions after over 100 days of war.
Israeli PM Netanyahu stated Israel's military will remain in a security zone in southern Lebanon, occupying up to 10km from the border. This comes after a US-Iran deal to end the Middle East war, though Israel and Hezbollah are not parties to it. Hezbollah remains committed to resisting Israel.
Israeli PM Netanyahu stated Israel's military will remain in a security zone in southern Lebanon, occupying up to 10km from the border. This comes after a US-Iran deal to end Middle East wars, though Israel and Hezbollah are not parties to it. Hezbollah remains committed to resisting Israel.
Críticos republicanos, incluido Donald Trump, critican un nuevo acuerdo entre EE.UU. e Irán, comparándolo desfavorablemente con el acuerdo de Obama y señalando inconsistencias en la retórica de Trump. El acuerdo levanta sanciones y libera fondos para Irán, lo que genera preocupación sobre la política exterior estadounidense.
Pakistan's PM Shehbaz Sharif postponed his Switzerland visit for the US-Iran peace deal ceremony as the MoU was signed digitally. The ceremony at Bürgenstock resort was scheduled for Friday.
