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Reuters recaps a week of UN diplomacy that included first shuttle talks between US and Iranian officials since a July ceasefire collapse, plus discussions on Ukraine. It also highlights debate over AI risks, Venezuela’s debt-focused meetings and Sudan’s visa dispute.
Brent crude settled at $104.32 a barrel and WTI at $92.41. Traders also weighed talk of a possible US diesel export ban and disruptions to Saudi oil flows from Houthi attacks.
Crude oil eased to around $92 a barrel on Friday after Iran called on the US to return to an interim peace deal that failed to end the war over the summer. A sequenced agreement would resemble the memorandum of understanding reached by the US and Iran in mid-June, which led to a fragile ceasefire that collapsed weeks l
The proposal builds on an earlier agreement to extend a ceasefire, which collapsed in July. Oil prices fell slightly on news that Tehran made a new proposal to reopen the Strait of Hormuz, which Iran’s foreign minister said could unblock the key trading route within a week and restart talks to end the war. The proposal
U.S. and Iranian negotiators in New York are discussing a phased path out of the war that could see Iran reopen the Strait of Hormuz in exchange for Washington lifting its blockade on Iranian ports, according to a report citing Iranian and Western diplomatic sources and regional officials. New Developments in US-Iran W
Iranian President Masoud Pezeshkian reportedly said on Thursday that the country is willing to make a peace deal with the U.S. before the November midterms. Pezeshkian Counters Trump’s Claim Speaking on the sidelines of the United Nations General Assembly, Pezeshkian said Iran does not want talks to stretch until the e
Middle East oil producers are using a new ship-to-ship transfer system off Oman's coast to keep exports flowing despite escalating regional conflict and threats between the US and Iran. This method cuts transit distance and reduces the risk of passing through the Strait of Hormuz, with exports nearing 6.5 million barre
President Donald Trump has warned Iran of severe economic consequences or the destruction of its leadership unless Tehran agrees to a deal, while Iranian officials have threatened retaliation. US Stock Futures Rise, Oil Prices Fall as Asian Markets Gain Dow futures rose 120 points, or 0.23%, to 52,199.00, while S&P 500
(The opinions expressed here are those of the author.) By Anna Szymanski Sept 18 (Reuters) — Warnings of machine-driven human extinction kicked off the week, but the market's attention quickly turned to more prosaic matters, namely Middle East energy disruption and the first Federal Reserve rate hike in three years. Am
Navigator Holdings (NYSE: NVGS ) held its second-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. The full earnings call is available at Summary Navigator Holdings reported r
Brent crude climbed as high as $100.95, its strongest level since July, after U.S. strikes on five Iranian tankers and fresh retaliation near the Strait of Hormuz.
Breakwave Tanker Shipping ETF (BWET) has jumped 1,600% this year as tanker shipping prices rise amid the ongoing US-Iran war, while SPY and QQQ are up 14% and 19%, respectively.
France’s CAC 40 drops 0.3% to close at 8,651 on Thursday as US-Iran accusations over efforts to secure a lasting ceasefire and reopen the Strait of Hormuz drive risk sentiment.
() -- The Toronto Stock Exchange dropped on Wednesday as losses in financial and mining shares outweighed a sharp rise in energy stocks, while renewed fighting between the US. and Iran fueled inflation concerns and weighed on investor sentiment. The S&P/TSX Composite Index closed down 336.79 points, or 0.95%, to 34,935
() -- (Updates prices in the second paragraph and adds EIA data in the final paragraph.) West Texas Intermediate (WTI) closed higher on Wednesday as the U.S. and Iran traded attacks, with President Trump saying the ceasefire deal reached last month is over. WTI crude oil for August delivery closed up $3.08, or 4.4%, to
() -- Crude oil futures rallied in midday trading on Wednesday after President Trump declared the ceasefire with Iran over and signaled that further military strikes were imminent. Front-month West Texas Intermediate crude futures climbed 5.8% to $74.48 per barrel, while Brent futures jumped 6.2% to $78.77/bbl. Trump,
() -- Oil prices surged early Wednesday as the U.S. and Iran traded attacks, with President Trump saying the ceasefire deal reached last month is over. West Texas Intermediate crude oil for August delivery was last seen up $3.65, or 5.1%, to $74.00 per barrel, the highest since June 18, while September Brent oil was up
() -- (Updates prices in the second paragraph) West Texas Intermediate (WTI) crude oil rose on Tuesday following Iranian attacks on ships moving through the Strait of Hormuz. WTI crude oil for August delivery closed up 2.8% to settle at $70.44 per barrel, while September Brent oil was last seen up 3.1% to $74.25. The r
() -- Oil prices rose early on Tuesday following Iranian attacks on ships moving through the Strait of Hormuz. West Texas Intermediate crude oil for August delivery was last seen up 0.9% to $69.13 per barrel, while September Brent oil was up 1% to $72.68. The rise follows reports that Iran fired on two ships in Omani w
FINANCIAL TIMES - - Apple is seeking approval from the Trump administration to source memory chips from a Chinese company that has been placed on the U.S. trade blacklist, underscoring the growing tension between Washington's technology restrictions and the commercial realities facing American manufacturers. The iPhone
FINANCIAL TIMES - - Apple is seeking approval from the Trump administration to source memory chips from a Chinese company that has been placed on the U.S. trade blacklist, underscoring the growing tension between Washington's technology restrictions and the commercial realities facing American manufacturers. The iPhone
FINANCIAL TIMES - - Apple is seeking approval from the Trump administration to source memory chips from a Chinese company that has been placed on the U.S. trade blacklist, underscoring the growing tension between Washington's technology restrictions and the commercial realities facing American manufacturers. The iPhone
FINANCIAL TIMES - - Apple is seeking approval from the Trump administration to source memory chips from a Chinese company that has been placed on the U.S. trade blacklist, underscoring the growing tension between Washington's technology restrictions and the commercial realities facing American manufacturers. The iPhone
Apple seeks US approval to source memory chips from Chinese blacklisted company
US, China, Russia, Iran, and Europe face economic challenges due to AI investment, drone strikes, trade restrictions, and energy supply constraints.
European nations support the US-Iran peace deal to restore regional stability and stabilize the global economy
Micron's strong earnings and guidance boost tech sector, while a major earthquake hits Venezuela and big US banks pass Fed's stress tests
The US and Iran have agreed on a roadmap for a final deal within 60 days, including the establishment of a committee and a mechanism to end hostilities in Lebanon.
The US and Iran have agreed on a roadmap to reach a final deal within 60 days, including the establishment of a committee and a mechanism to end hostilities in Lebanon.
Vice President JD Vance is in Switzerland for talks with the Iranian delegation and mediators from Pakistan and Qatar. Iran said the Strait of Hormuz was closed again in response to Israeli strikes on Lebanon. The U.S. has denied those claims. President Donald Trump suggested the U.S. could begin charging ships to tran