Iran is demanding oil tankers passing through the Strait of Hormuz pay a toll in cryptocurrency, highlighting its importance to the Iranian regime and economy
The agency’s forecast assumes oil and gas deliveries from the Middle East to international markets resume by midyear, though not to preconflict levels
Asian equities rose and oil prices were relatively stable early Friday, as the U.S. raced to keep Israel’s war in Lebanon from jeopardizing the fragile cease-fire and derailing talks with Iran this weekend
DUBAI/WASHINGTON, April 15 (Reuters) - The United States said on Wednesday its military had completely halted trade going in and out of Iran by sea, even though President Donald Trump said talks with Tehran on ending the war could resume this week. Trump said negotiations between U.S. and Iranian officials could resume in Pakistan in the next two days and Vice President JD Vance, who led weekend talks that ended without a breakthrough, said he felt positive about where things stood
Conservatives accuse Sir Keir Starmer of misleading parliament over appointment of former ambassador to the US
At least ten U.S. service members were injured in an Iranian attack on Prince Sultan air base in Saudi Arabia on Friday, according to reports. Two of the troops were seriously injured as well, the Associated Press reported on Friday night. Multiple U.S. and Arab officials said that a building on the base was struck […]
Howard Lutnick, President Trump’s commerce secretary, derided Canada’s trade strategy and said a North American deal needed to be reworked
With the world facing a potential new economic crisis, the mood at this week’s IMF-World Bank meetings is decidedly dour. Bloomberg Economics’ Stephanie Flanders and Shawn Donnan join David Gura to discuss on the Big Take podcast. (Source: Bloomberg)
Canadian Prime Minister Mark Carney cemented his hold on power after electoral victories Monday night and defections to his Liberal Party caucus over the past six months
Strikes on oil infrastructure and a near-standstill in the Strait of Hormuz are taking a toll
Hungarian Prime Minister Viktor Orbán on Sunday conceded a “painful” defeat in his bid for reelection to his rival, opposition leader Peter Magyar. “I congratulated the victorious party,” Orbán told his followers after the results trickled in, confirming the feisty populist’s sixteen years in power have come to an end. “We are going to serve […]
By Phil Stewart WASHINGTON, April 3 (Reuters) - A U.S. fighter jet has been shot down over Iran and a search-and-rescue operation is underway for any survivors, two U.S. officials told Reuters on Friday, in the first such known incident since the war began nearly five weeks ago. The Pentagon and U.S. Central Command did not respond to requests for comment. The prospect of U.S. pilots being alive and on the run inside Iran raises the stakes for the United States in a conflict that has struggled to win popular support among Americans, according to opinion polls