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Persian Gulf crude exports have recovered to about 80% of pre-war levels, but oil remains stuck near $100 a barrel. Yet, getting volume through the Strait of Hormuz has not brought back cheap supply, as last week’s Brent price settled around $102.7 per barrel. Exports passed 14 million barrels a day last week for the f
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Trump said he offered Iran nothing after media reports said US officials were willing to ease sanctions and free frozen funds. Iran’s president said Tehran is ready for talks, while the foreign minister said any move to reopen the Strait of Hormuz depends on conditions being met.
Trump said he has offered Iran nothing, rejecting reports that he was willing to ease sanctions and free frozen funds. Iran said it is ready for talks on its nuclear programme and other issues, while warning against bullying or coercion.
Treasury Secretary Scott Bessent predicted that Iran’s remaining oil exports to China will conclude within the next two weeks, effectively leaving Iran in economic isolation. Bessent, in an interview with Fox News on Sunday, revealed that only approximately 15 million barrels of Iranian oil remain for delivery due to t
Leading cryptocurrencies stagnated on Sunday as investors weighed ongoing U.S.-Iran negotiations alongside a series of anticipated macroeconomic data. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:24 p.m. EDT) Bitcoin (CRYPTO: BTC) -0.30% $84,057.20 Ethereum (CRYPTO: ETH) -0.70% $2,672.82 XRP (CRYPTO: XRP) -0.1
Iran says reopening the Strait of Hormuz depends on its conditions being met and a negotiated solution, after Trump said he rejected Tehran's proposal. A senior Iranian official said Iran would show no flexibility on its nuclear program even if the US accepted the deal.
Iranian Foreign Minister Abbas Araqchi said reopening the Strait of Hormuz depends on conditions being met and that only a negotiated solution can break the deadlock. A senior Iranian official told Reuters Iran would show no flexibility over its nuclear program even if the US accepted the proposal.
Iran says its proposal could reopen the strait and pause regional fighting within seven days if the US agrees. Reuters could not immediately confirm a Wall Street Journal report that Trump rejected the offer.
U.S. stocks look set for a positive opening on Friday, with futures of the Dow Jones, S&P 500 and Nasdaq Composite rising, after closing Thursday on a mixed note. Contributing to the optimism are comments from Iranian Foreign Minister Abbas Araghchi, who proposed to reopen the Strait of Hormuz and resume talks on a nuc
Industry groups and businesses have urged President Donald Trump to rescind the plan to ban or limit exports of diesel, which has been pushed back against by Energy Secretary Chris Wright amid record-high diesel prices and energy shocks due to the Strait of Hormuz uncertainty, as well as the Russia-Ukraine war. Diesel
U.S. stock futures declined on Thursday, as the Dow Jones, S&P 500, and Nasdaq 100 indices fell, following Wednesday’s mixed close. Treasury Secretary Scott Bessent told Fox News that President Donald Trump ‘s aviation restrictions are working, noting that 80% to 90% of Iran’s external flights have been shut down under
Here are some factors that may affect Middle East stock markets on Thursday. Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL GLOBAL MARKETS-Bonds shaky, oil eases off highs amid trade, peace talks MKTS/GLOB Oil prices fall as Iran says it is open to diplomacy to
EXECUTIVE SUMMARY * MNI FED: Gov Barr: Base Case Is For Further Hikes: #83aa171c-7fc4-49fd-82f5-351bcb071d96 * MNI IRAN: Security Chief Says In No Rush To Negotiate: #5df7e2ac-e490-4920-91fd-84069fe559a3 * MNI IRAN: Pezeshkian Talks On Nuclear, Hormuz & US Stance In UN Address: #c9b6854d-8cab-47cb-8646-ce411062279c * M
Cathie Wood -led investment firm ARK Invest expects oil prices to drop significantly despite uncertainty over the Strait of Hormuz and U.S.-Iran tensions, citing falling demand for oil as transportation transitions to the power grid. Oil Prices Could Drop to $30-$35 Per Barrel in the Future In an investor release by AR
EXECUTIVE SUMMARY * TRUMP HAILS IRAN TALKS EVEN AS TEHRAN SETS 'FIRM POSITIONS': #0244e48b-2945-4b3b-8085-728a924ddf38 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH: WSJ: #cddd3044-ae77-4efa-9233-fb28b1e6f368 * NAGEL SAYS 'VIGILANT' ECB MAY NEED MILDLY RESTRICTIVE RATES: #13be4029-5b8c-40
Sen. Bernie Sanders (I-Vt.) slammed President Donald Trump over his remarks about potentially annihilating the Islamic Republic of Iran, calling the conflict illegal and unconstitutional and demanding congressional action. Sanders Condemns Trump’s Iran Remarks On Tuesday, Sanders aimed at Trump in a post on X, sharing
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
(Adds quotes, details and background throughout) Mecca Joint Defence Agreement treats attack on one signatory as attack on all three Fidan says Turkey conveyed proposals to all sides to end fighting Pakistan says no military response discussions have taken place under pact ANKARA, Sept 19 (Reuters) — Turkish Foreign Mi
U.S. President Donald Trump’s United Nations General Assembly (UNGA) speech next week will land amid a Middle East war that is driving global energy prices higher in Europe and at home. The uncertainty is also testing an increasingly fractured UN that lacks the capacity to mediate the very crisis destabilizing markets.
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President Donald Trump is reportedly mulling over whether the U.S. could restart military strikes against Iran, but former counterterrorism chief Joe Kent believes the White House should pull troops out of the Middle East. Trump Touts Big Decision In an interview with Axios on Thursday, Trump said that he had a “big de
Senate Majority Leader John Thune said that he may consider banning diesel exports in a bid to keep domestic prices in check as Iran-war-driven hikes continue to impact ordinary Americans, but GasBuddy analyst Patrick De Haan has warned against such a move. Thune Says US Could Consider Ban Speaking to reporters on Tues
The Donald Trump administration rejected restrictions on fuel exports, committing to record domestic energy production as Brent crude prices surpassed $107 per barrel. Maximizing Domestic Output and Exports U.S. Deputy Secretary of Energy James Danly confirmed the administration’s focus on expanding supply rather than
Gov. Gavin Newsom (D-CA) criticized President Donald Trump and Energy Secretary Chris Wright on Monday, accusing them of being aware of the widespread impact of the war with Iran but doing little to shield ordinary Americans from the disruptions. Americans Need ‘Answers’ From Trump In a post on X, Newsom slammed the on
Sen. Elizabeth Warren (D-Mass.) blamed President Donald Trump ‘s war in Iran for rising gas prices squeezing American families, while Trump has argued that other countries should “reimburse” the U.S. for keeping the Strait of Hormuz open. ‘All This for a War He Can’t Even Explain’ Gas prices have climbed to $4.15 a gal
U.S. stocks were mixed Monday as AI hardware shares sold off and cyber names gained after weekend remarks from Anthropic, OpenAI and xAI leaders calling for a slower pace of model development. The 10-year Treasury yield briefly touched 5% and WTI crude rose 2.4% to $102.43.
Descartes Systems said total revenue rose 15% year over year to $193.6 million and adjusted EBITDA increased 20% to a record $89.8 million. The company also highlighted AI investment plans and the IDELIC acquisition.
Iran and Oman are reportedly in the final stage of talks on a temporary safe route in the Strait of Hormuz, with Iranian officials saying an agreement could come in coming days.
U.S. stock futures advanced Thursday after Wednesday’s higher close, with President Donald Trump saying the market will go up despite Iran war and oil volatility.