PM Modi and President Trump met in France, discussing a US-Iran peace deal and the safety of Indian seafarers. Trump acknowledged the deaths of Indian mariners in US strikes and pledged support, while Modi emphasized the importance of maritime trade routes like the Strait of Hormuz.
US intelligence agencies assess Iran can now close the Strait of Hormuz at will, a powerful tool to disrupt the global economy. This comes despite a peace agreement expected soon, raising concerns about future leverage and potential disruptions to other key trade routes.
Oil prices hit a three-month low as the US reportedly allows Iran to sell crude immediately under a conflict resolution deal. Brent futures fell below $80, WTI down 5.9%. Details emerge at the G7 summit in France, though conflicting accounts of the deal persist.
Oil prices hit a three-month low as investors await details of a US-Iran agreement to end the Middle East conflict. Brent crude fell below $80, and WTI futures also dropped. The G7 summit in France will discuss the deal, with conflicting reports on its content and timeline.
Oil prices dropped to their lowest in three months as investors await details of a U.S.-Iran agreement to end the Middle East conflict. Brent crude fell below $80/barrel, with WTI also declining. The deal, expected to reopen the Strait of Hormuz, will be discussed at the G7 summit.
Oil prices hit a three-month low as Brent crude futures fell to $82.13 and WTI futures dropped below $80. Investors await details of a U.S.-Iran agreement to end the Middle East conflict, which includes reopening the Strait of Hormuz.
Washington and Tehran have agreed to end hostilities, with the deal to be signed in Geneva. The agreement includes lifting sanctions on Iran, releasing frozen assets, and Iran reaffirming its commitment to the Nuclear Non-Proliferation Treaty. Israel has reacted with strong criticism, viewing the deal as a failure.
Treasury yields declined Monday following news of a preliminary peace agreement between the US and Iran. Oil prices also fell sharply. Investors await the Federal Reserve meeting and key economic data.
The US and Iran have finalized a peace agreement to end their war, with a signing ceremony scheduled for June 19 in Geneva. The deal, brokered with Pakistan's mediation, includes Iran's commitment to reopen the Strait of Hormuz.
Analysts suggest oil prices could remain volatile despite a tentative US-Iran peace deal. Declining global inventories and potential further supply disruptions mean prices may rise, impacting economies, especially in South Asia. Asian markets reacted positively to the news, with oil prices falling.
Asian markets and European futures rallied Monday following a tentative US-Iran peace agreement, which is expected to ease global inflation and reduce central bank rate hike pressure. Oil prices dropped significantly, with Brent crude falling 4.7% to $83.24 a barrel.
Asian markets and European futures surged, while oil prices dropped significantly following a tentative peace agreement between the US and Iran. The deal is expected to ease global inflationary pressures, potentially reducing the need for further interest rate hikes by central banks.
US President Donald Trump announced a memorandum of understanding with Iran is "all signed," with an official ceremony expected Friday. The deal reportedly includes Iran reopening the Strait of Hormuz and halting uranium enrichment in exchange for $25 billion in frozen assets and sanctions relief. Meanwhile, Iran emphasized Lebanon's territorial integrity amid Israeli airstrikes, which Israel vowed to continue.
US President Donald Trump announced a memorandum of understanding with Iran is "all signed," with an official ceremony expected Friday. The deal reportedly includes Iran reopening the Strait of Hormuz and halting uranium enrichment in exchange for $25 billion in frozen assets and sanctions relief. Meanwhile, Iran insists Lebanon's territorial integrity is part of the deal, following Israeli airstrikes.
The US and Iran have agreed on a memorandum of understanding to end the conflict and reopen the Strait of Hormuz. Israel rejects terms related to its actions in Lebanon, with PM Netanyahu stating Israel is not bound by those provisions. The deal is set to be signed in Geneva, with a 60-day window for nuclear program negotiations.
The US and Iran have reached an agreement on a memorandum of understanding to end a conflict that began February 28. The deal, to be signed in Geneva, aims to reopen the Strait of Hormuz and includes a 60-day negotiation period for Iran's nuclear program. President Trump announced the opening of the strait and the end of the US naval blockade.
The US and Iran have agreed on a memorandum of understanding to end a conflict that began with a US-Israeli bombing campaign. The deal, to be signed in Geneva, aims to reopen the Strait of Hormuz and includes a 60-day negotiation period for Iran's nuclear program. President Trump ordered the opening of the strait and the end of the US naval blockade.
US President Donald Trump announced a memorandum of understanding with Iran is "all signed," with an official ceremony expected Friday. The deal reportedly includes Iran reopening the Strait of Hormuz and halting uranium enrichment in exchange for sanctions relief and frozen assets. However, Iran insists on Lebanon's territorial integrity amid Israeli airstrikes, which Israel vows to continue.
Pakistan stated on Saturday that the US and Iran could finalize an agreement to end the Middle East war within 24 hours, citing optimism from both sides and ongoing negotiations. Prime Minister Shehbaz Sharif expressed confidence in the deal's imminent finalization, with electronic signing expected shortly after.
Donald Trump announced a potential peace agreement with Iran, causing oil prices to drop and the stock market to rise, just hours after threatening "very hard" strikes. This marks the 39th time Trump has declared imminent US-Iran talks, keeping markets volatile and traders on edge.
The Trump administration expressed 80-85% confidence in signing a peace agreement with Iran in the coming days to reopen the Strait of Hormuz, dismantle Iran's nuclear program, and allow US access to enriched material. A senior official stated the Iranian Supreme Leader is comfortable with the current text, and no sanctions relief will be granted initially.
Iran's Foreign Ministry spokesman denied US President Trump's claim of an approved preliminary peace deal, calling reports 'speculation.' The US claimed a settlement could be signed soon, involving sanctions relief and Iran's pledge against nuclear weapons.
Donald Trump announced on Truth Social that he has cancelled scheduled strikes on Iran, claiming a peace agreement is imminent and approved by Iranian leadership and allies. This comes amid ongoing exchanges of fire and despite Iranian news agency Tasnim urging dismissal of Trump's claims.
Donald Trump is demanding several Middle Eastern nations join the Abraham Accords as a condition for a potential deal with Iran. He listed Saudi Arabia, Qatar, Pakistan, Türkiye, Egypt, Jordan, UAE, and Bahrain, noting UAE and Bahrain are already members. Critics call it "trading one fantasy for another," while some, like Senator Lindsey Graham, praise the proposal.
