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Iran-US war latest: Trump warns 'I’ll do what I have to do' if Tehran breaks agreement as US waives sanctions on oil

The US has partially lifted sanctions on Iranian oil exports, allowing Iran to sell oil in US dollars for the first time in decades. President Trump warned Iran against breaking a ceasefire agreement, stating he would "do what I have to do" if they misbehave. Talks in Switzerland concluded with plans for negotiating groups on nuclear power and sanctions.

The Independent World

US partially lifts Iran oil sanctions after 'encouraging' peace talks

Developing

World·1d agoAI summary

US partially lifts Iran oil sanctions after 'encouraging' peace talks

The US has issued a 60-day sanctions waiver allowing Iran to export oil in US dollars, following initial peace talks. While US VP JD Vance claimed progress on nuclear inspections, Iran denied making new commitments.

The Independent World

NEWS

1d agoAI summary

US Treasury License for Iranian Oil Excludes Donbass, Crimea, Novorossiya, North Korea, and Cuba

The US Treasury's General License X allows transactions for Iranian oil until August 21, but excludes Donbass, Crimea, Novorossiya, North Korea, and Cuba from the sanctions relief, permitting USD payments for Iranian oil.

TASS

US National Team Fan Navigates World Cup Excitement Amidst Ebola Concerns

Developing

Sports·5d agoAI summary

US National Team Fan Navigates World Cup Excitement Amidst Ebola Concerns

Alex Doran, a 28-year-old strategist, enjoys the World Cup and US team's win but is wary of large crowds. He expresses little concern about the Ebola outbreak, trusting epidemiologists to alert him if needed.

SCMP Economy

Iran Ceasefire Explained: Thousands Dead, Billions Lost, Uncertain Future

Developing

World·6/16/2026AI summary

Iran Ceasefire Explained: Thousands Dead, Billions Lost, Uncertain Future

A ceasefire ends the 108-day US-Israel war on Iran, resulting in thousands of deaths and hundreds of billions in economic losses. Despite tactical successes like assassinating leaders and degrading infrastructure, strategic goals of capitulation were not met, leading to a 'freeze' rather than a clear victory or defeat.

SCMP Economy

Japan and Indonesia Discuss Defense Cooperation, Destroyer Transfers

Developing

World·6/14/2026AI summary

Japan and Indonesia Discuss Defense Cooperation, Destroyer Transfers

Japan and Indonesia are advancing defense cooperation, with discussions focusing on the transfer of decommissioned Asagiri-class destroyers from Japan to Indonesia. This move aims to enhance Indonesia's subsurface awareness and contribute to peace and stability in the Indo-Pacific region.

SCMP Economy

SpaceX IPO Reshapes Global Investment Strategies

Developing

Business·6/11/2026AI summary

SpaceX IPO Reshapes Global Investment Strategies

SpaceX's historic IPO is impacting global investment, particularly in China and Hong Kong. The event also underscores the maturation of the space-insurance market, which provides crucial financial protection for the booming commercial space sector.

SCMP Economy

SEC Approves Nasdaq Bitcoin Index Options, Paving Way for Cash-Settled Volatility Trading

Developing

Finance·5/25/2026AI summary

SEC Approves Nasdaq Bitcoin Index Options, Paving Way for Cash-Settled Volatility Trading

The SEC has approved Nasdaq PHLX's rule change to list cash-settled Bitcoin Index Options (QBTC), a significant step for integrating Bitcoin volatility trading into US-listed options infrastructure. This allows investors to trade Bitcoin exposure without holding BTC, using existing securities accounts and margin frameworks.

CryptoSlate

Qivalis Consortium Aims to Boost Euro Stablecoins with 37-Bank Backing

Developing

Business·5/22/2026AI summary

Qivalis Consortium Aims to Boost Euro Stablecoins with 37-Bank Backing

A consortium of 37 banks across 15 countries, Qivalis, is launching a euro-denominated stablecoin to challenge the dollar's dominance in crypto payments and settlement. Despite current market saturation by dollar stablecoins like USDT and USDC, Qivalis aims to leverage its regulatory compliance and bank network to establish euro rails for tokenized assets.

CryptoSlate

Trump appeals latest court loss on tariffs as chaos and uncertainty amp up

NEWS

5/8/2026

Trump appeals latest court loss on tariffs as chaos and uncertainty amp up

US President Donald Trump filed an appeal on Friday after the latest legal setback to his signature tariff policy, piling on more chaos and global uncertainty and setting up a new tussle over billions of US dollars in refunds. The appeal follows a decision on Thursday by the US Court of International Trade that invalidated his use of a Section 122 trade provision that saw him slap 10 per cent import taxes on nearly every country on earth. In its ruling, the court found that he failed to meet the...

SCMP Economy

NEWS

4/19/2026

Moscow Exchange launches trade in Bitcoin futures for qualified investors

The quote with IBIT ticker will be traded in US dollars per lot, with settlements processed in Russian rubles

TASS