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Oil prices fell 1% as market participants continued to weigh a pause in U.S. strikes on Iran, which has raised hope of a diplomatic solution to their conflict and the normalisation of Middle East energy flows. Brent crude futures were down $0.54, or 0.6%, at $87.82 by 0046 GMT. U.S. West Texas Intermediate crude was…
The dollar slumped against its major peers at the start of Asian trading on Monday after the U.S. paused its bombing campaign in Iran during the weekend, prompting a drop in oil prices and boosting global investor confidence. Against the yen, the U.S. dollar was down 0.2% at 163.585 yen, its biggest decline since July…
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President Trump convened a meeting with his senior national security team regarding the war with Iran on Friday (May 22, 2026) morning, two U.S. officials told Axios. File. | Photo Credit: AP U.S. President Donald Trump is “seriously considering” launching fresh strikes against Iran if last-minute negotiations do not result in a peace deal, U.S….
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Trump’s attempt to use the U.S. Navy to free up shipping provoked the war’s biggest escalation since a ceasefire was declared four weeks ago. File. | Photo Credit: Reuters U.S. President Donald Trump launched a new operation on Monday (May 4, 2026) seeking to open the Strait of Hormuz to shipping, prompting Iran to lash…
President Donald Trump arrives to speak about the Iran war from the Cross Hall of the White House on Wednesday (April 1, 2026), in Washington. | Photo Credit: AP U.S. President Donald Trump, on Thursday (April 2, 2026), addressed the nation on the Iran-Israel war, the U.S. strikes on Tehran, and the fluctuating global oil prices….
Read More “US President Donald Trump’s address on Iran war: Key quotes” »
The amphibious assault ship USS Tripoli has arrived in the West Asia, U.S. Central Command said on Saturday, March 28, 2026. Photo credit: X/@CENTCOM The Pentagon is preparing plans for weeks of ground operations in Iran — potentially including raids on Kharg Island and coastal sites near the Strait of Hormuz — though President Donald…
Image used for representational purposes. File | Photo Credit: AP The United States is weighing sending up to 10,000 extra troops to West Asia, U.S. media reported on Friday (March 27, 2026), as speculation grows that Washington may be preparing a ground operation in Iran. The deployment would mark a significant boost to Washington’s military…
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Iran’s Foreign Minister on Friday (March 27, 2026) branded a deadly strike on an Iranian school on the first day of the West Asian war as a “calculated” U.S. assault. Iran-Israel war LIVE updates: March 27, 2026 Addressing an urgent debate in the United Nations Human Rights Council focused on the February 28 strike on…
Read More “Tehran accuses U.S. of ‘calculated’ assault on school” »
The Al-Rasheed Hotel in Baghdad’s Green Zone after a reported drone attack, according to security sources, in Baghdad, Iraq, on March 16, 2026. | Photo Credit: Reuters Iraq’s Interior Ministry said on Monday (March 16, 2026) that a drone hit a hotel in Baghdad without causing casualties or material damages. Security sources earlier said a…
Read More “Drone attack hits hotel in Baghdad, no injuries reported” »
Chinese Foreign Minister Wang Yi during a press conference on the sidelines of the National People’s Congress (NPC), in Beijing, China on March 8, 2026. | Photo Credit: Reuters With a focus on U.S. President Donald Trump visiting Beijing next month, China appears to be carefully weighing its response to the Iran crisis, calibrating what…
Read More “With an eye on Trump visit, China weighs Iran response” »