Karoline Leavitt is set to leave her role as White House press secretary at the end of the month, a decision she announced while President Trump faces a lawsuit over paid access to his social media posts and ongoing tensions with Iran regarding control of the Strait of Hormuz.
Oil prices have dropped due to lower demand forecasts, despite a continuing deadlock in US-Iran talks. The market is reacting to expectations of reduced global consumption.
Global stock markets saw slight gains while oil prices dipped as traders closely monitored potential talks between the United States and Iran. The market movements reflect anticipation surrounding these diplomatic discussions.
Oil prices have risen to $87 per barrel, with Nigeria gaining $22/barrel, due to the ongoing US-Iran crisis and concerns over the Strait of Hormuz. Experts warn that prices could reach $140 per barrel if the blockade in the strait continues.
Pakistan indicates that 'things are shaping up in favor of peace' regarding a potential US-Iran deal, following media reports that talks between Iran and Oman about reopening the Strait of Hormuz for maritime shipping have reached an advanced stage.
Iran has reiterated its firm stance that the Strait of Hormuz will remain closed unless the United States accepts all of its conditions. This declaration comes amidst heightened tensions and ongoing discussions about the strategic waterway.
Global markets are experiencing fluctuations, with the S&P 500 hovering near record highs on hopes of improved US-Iran relations, while the Pakistan Stock Exchange dipped due to oil jitters. Treasuries climbed as expectations of a trimmed oil rally emerged.
Global stock and bond markets are experiencing volatility, with oil prices fluctuating due to hopes of a potential deal with Iran, which could impact inflation concerns.
A medal awarded to Canadian Colonel David K. Turenne for his leadership during the Israel-Iran conflict has sparked questions regarding Canada's involvement in the US war with Iran.
Oil prices surged by 5% as hopes for a deal between the US and Iran regarding the Strait of Hormuz faded, leading to market uncertainty. The US Strategic Petroleum Reserve also fell below 300 million barrels.
WorldAl Jazeerafazberlingske+25der-spiegelFrance 24il-sole-24-oreTimes of Indiahindustan-timesindian-expressDawnirish-independent+17 more4d ago28 sources
Saudi Arabia, Turkey, and Pakistan signed a joint defense agreement, dubbed an "Islamic NATO," amid regional violence from Houthi attacks and the US-Iran war, sparking discussions about its implications for regional power dynamics and prompting Greece to review its Patriot missile deployment in Saudi Arabia monthly.
Iran states it is in the final stages of a shipping accord with Oman, but analysts caution that sanctions, security concerns, and conflicting US-Iran goals could limit its effectiveness.
Iran is reportedly considering a ban on American and Israeli ships from transiting the Strait of Hormuz, a move that has caused fluctuations in oil markets and raised concerns about regional stability.
Saudi authorities believe Yemen's Houthi movement is seeking to undermine Riyadh's efforts to help resolve the conflict between the United States and Iran, according to Reuters sources.
Powerful explosions recorded on Qeshm island in southern Iran have raised alarm about a potential military escalation in the Persian Gulf, prompting an international security company to warn of increased risk for ports.
An analysis suggests Taiwan requires new deterrence strategies as the US-Iran conflict threatens a global energy crisis and China's campaign against Taiwan intensifies.
S&P futures saw gains amid optimism for a potential U.S.-Iran deal, while shares of SpaceX and AMD experienced declines following their respective earnings reports.
Qatar has indicated progress in US-Iran negotiations aimed at reopening the Strait of Hormuz, with the Qatari Emir holding discussions with Donald Trump. Iran and Oman are reportedly close to a deal that would involve a service fee for passage through the strait.
Donald Trump claims that negotiations with Iran are underway, offering them a 'last chance' for a deal, but Tehran has denied any direct talks with the US, stating they are currently only negotiating with Oman.
Saudi Aramco, the world's largest oil company, announced a substantial increase in its second-quarter profits, with figures rising by 33% to 44%. This profit surge is attributed to higher oil prices, partly influenced by disruptions and tensions in the Middle East, including the ongoing situation with Iran.
Donald Trump stated that ongoing negotiations with Iran are their 'last chance' to end the conflict, while Tehran denies that any talks have even begun. This uncertainty has led to a rise in oil prices.
President Trump stated that talks with Iran were ongoing and warned Tehran that this was its "last chance" for a deal, while Iran's Foreign Ministry denied any planned meetings with the US. The escalating rhetoric has put the IDF on high alert for potential escalation.
Oil prices fell by over 5% following the announcement of new negotiations between the United States and Iran, with Iran stating it is close to a deal with Oman regarding the Strait of Hormuz. Concurrently, Spain's handling of a migrant episode is being seen as fuel for Europe's far-right movements.
The potential for a US-Iran war has exposed Pakistan's oil security gap, renewing calls for strategic oil reserves due to the country's dependence on fuel imports. This highlights vulnerabilities in Pakistan's energy infrastructure.
The price of crude oil has seen a significant jump in the global market, allowing major oil companies to reap massive profits from the ongoing conflict between the US and Iran.
Pakistan and Bangladesh are experiencing economic pressure as the US-Iran conflict widens, raising concerns that a potential oil shock could lead to increased costs for food, transport, and electricity for millions.
Pakistan has confirmed that negotiations between the United States and Iran are continuing despite recent strikes in the Middle East. Meanwhile, oil prices have fallen by over $1 due to increased flows, even with the ongoing tensions.
The US-Iran conflict is in an extremely dangerous phase, with neither side willing to back down and the theatre of conflict expanding geographically, despite some hope for de-escalation after a recent lull in violence.
The ongoing conflict between the U.S. and Iran is increasingly drawing in more Middle Eastern nations, with some countries now actively participating in the exchange of strikes.
Crude oil prices have slipped as ongoing negotiations between the United States and Iran continue, suggesting potential shifts in global oil supply or geopolitical stability.
An appeal has been made for de-escalation between the US and Iran, warning that their warmongering in pursuit of settling scores risks plunging the region into destruction.
The United States launched heavy retaliatory strikes on Iranian military infrastructure, including Qeshm Island, in response to an attack on a US base in Jordan that killed three American troops. Iran's Guards reported three members killed in the US attacks, while Jordan intercepted Iranian missiles.
Saudi Arabia is navigating a difficult geopolitical dilemma as it attempts to remain neutral in the ongoing conflict between the US and Iran, which began on February 28.
Global stock markets experienced pressure due to renewed tensions between the United States and Iran, reflecting investor concerns over potential geopolitical instability.
South Korean technology stocks, particularly chip manufacturers, experienced significant declines amid growing skepticism about the AI market and an extended chip rout. SK Hynix shares were notably affected, deepening their decline due to an earnings miss, excessive leverage by retail investors, and fears of Chinese competition.
Nigeria recorded Africa's highest petrol price increase, a 39.5% surge in the first half of 2026, attributed to the US-Iran war despite the nation's growing domestic refining capacity.
An analysis highlights how geopolitical events, particularly the escalation of the US-Iran conflict, are once again dictating financial market sentiment and investor expectations, with eyes turning to the Middle East.
Oil prices continued their decline, with Brent crude falling towards $87 a barrel, as remarks from Donald Trump regarding US-Iran talks fueled hopes for an end to the West Asia conflict and further de-escalation in the Middle East.
Yemen's foreign minister stated that Houthi rebels are attempting to replicate Iran's control over the Strait of Hormuz in the Red Sea, following recent drone attacks claimed by the Houthis on Saudi Arabian oil facilities. The internationally recognized Yemeni government has declared its readiness for any escalation with the Houthis.
Crude oil prices have sunk, driven by renewed hopes for diplomatic engagement between the United States and Iran. The prospect of improved relations is influencing market sentiment regarding global oil supply.
Israeli settlers set fire to mosques, cars, and farmland in the West Bank following deadly clashes, as the Israeli government considers an international stabilization force for Gaza and Iran links peace deals to an end of Israeli attacks on Lebanon.
Wall Street is anticipated to open higher, with market sentiment boosted by a perceived easing of tensions between the United States and Iran, positively impacting Dow Jones, S&P, Nasdaq, and futures.
The effective closure of the Strait of Hormuz in early March left crude tankers stranded, prompting refiners to urgently secure alternative supplies. This situation led to fluctuations in Russian crude prices as India increased its procurement.
The 'geopolitics of emotion' and the US-Iran conflict are signaling a potential new alliance that could reshape power dynamics in the Middle East, highlighted by international delegations at Ayatollah Ali Khamenei's funeral.
Yemen's Houthi rebels launched missile attacks on Saudi Arabian oil facilities along the Red Sea, marking an escalation in regional tensions. This occurred as the United States paused its strikes against Iran for the first time in two weeks, raising questions about potential diplomatic avenues.
US forces reportedly fired upon a vessel in the Gulf of Oman, an incident that led the EU to delay the release of satellite imagery of the area at the request of the US. This event unfolds amidst broader regional tensions and reports of China pushing for renewed US-Iran talks.
The effectiveness of the US bombing campaign against Iran is in doubt as Iranians rebuild rapidly. Meanwhile, Ray Dalio warns of a 'Final Battle' for Hormuz, highlighting escalating tensions and concerns over American decline in the region.
An analysis explores the possibility of an Israel-US-Iran war and draws comparisons to the ongoing Russia-Ukraine conflict, considering the evolving nature of modern warfare.
The United States has imposed new tariffs on imports from 60 trading partners, including the European Union and Nigeria, with rates up to 12.5% over claims of forced labor. EU foreign policy chief Kaja Kallas expressed negative surprise at the move, while some articles also mention unrelated US strikes on Iran.
Former President Trump stated that any nuclear deal with Saudi Arabia would be contingent on the kingdom normalizing ties with Israel, a condition that has reportedly surprised Saudi officials and put the agreement at risk.
The Pakistan Stock Exchange (PSX) KSE-100 index dived nearly 2,700 points, ending lower for the third consecutive session, as US-Iran tensions rattled investors.
Tiago André Lopes, a professor at Lusíada University of Porto, suggests that the ongoing US-Iran conflict represents a new generation of frozen conflicts for which diplomatic solutions are currently lacking.
Brent crude oil prices have soared above $95 per barrel, with WTI also rising above $85, as escalating tensions and intensifying US-Iran strikes in the Middle East threaten global oil supplies and cause significant volatility in energy markets.
The price of oil has risen above the $95 mark for the first time in six weeks, driven by the escalating conflict in the Middle East. Disruptions to global supply are threatened by US-Iran aggression in the Strait of Hormuz and Houthi threats in Bab el-Mandeb.
The US is reportedly targeting Iran's southern port city of Bandar Abbas to degrade its ability to threaten shipping, highlighting the city's crucial role in Iran's maritime logistics and coastal defense.
An analysis explores how a potential US-Iran conflict over the Strait of Hormuz could strategically benefit Russia and China, shifting geopolitical focus away from other regions.
Fitch reported that Stanbic, Absa, and FNB are well-positioned to weather spillovers from the US-Iran conflict, which contributed to South Africa's inflation rising to 5.0% and the central bank raising the repo rate.
The US now anticipates that oil supply disruptions stemming from the US-Iran war will persist through the end of 2027, a significant extension from initial expectations.
US strikes on Iranian ports have halted the fuel-for-tuna barter trade, causing a 90% drop in boatbuilding orders and significantly impacting Pakistan's tuna industry.
Oil prices have risen as doubts surrounding a potential US-Iran deal heighten concerns about global supply. The uncertainty in geopolitical relations is impacting the stability of the oil market.
Lindsey Graham's sister, Darline Graham, has advanced to a runoff election for a US Senate seat in South Carolina. This development comes amidst other news including rising oil prices due to doubts over a US-Iran deal and a Trump administration decision to end Medicaid funding for children's transgender care.
Ukrainian President Volodymyr Zelensky has presented a new peace proposal to the United States aimed at ending the war with Russia. Zelensky also warned that Russian President Vladimir Putin plans a large-scale mobilization of hundreds of thousands of troops after the upcoming elections.
During a NATO trip to Turkey, former President Donald Trump reportedly switched planes in a secret operation, being moved in a catering container, to evade a potential threat from Iran. This maneuver left journalists behind as a decoy.
Pakistan's Defence Minister Khawaja Asif stated that the US and Iran are 'close on some sort of arrangement' regarding the Strait of Hormuz, as Islamabad continues its diplomatic push for a resolution.
Mortgage and refinance rates saw a general increase on Tuesday, August 11, 2026, with market observers noting the impact of ongoing, low-key negotiations between the United States and Iran on financial conditions.
President Trump stated the US is taking a "low-key" approach to Iran, likening it to a game of chess and emphasizing economic pressure. This comes as Iran demands significant concessions to reopen the Strait of Hormuz, while also stating it is not currently in direct negotiations with the US.
Iran has issued new, stringent demands to the United States for the reopening of the Strait of Hormuz, indicating that a quick resolution to the waterway's closure is unlikely. Despite some reports of progress in talks, Iran insists the strait will remain closed until its conditions are met.
Environmentalists and activists are expressing outrage over soaring oil profits, which they attribute to the US-Iran conflict and Trump's policies, leading to increased costs for US families. There are growing calls for a windfall tax on these profits.
Donald Trump responded to Ukrainian President Zelensky's appeal for additional military aid by stating the US also needs missiles. He also suggested Anthony Fauci should be prosecuted over a Covid hearing and criticized various allies and political figures.
Get a jump start on the US trading day with Dani Burger on "Bloomberg Open Interest." Fresh AI weakness keeps investors on edge amid US-Iran talks and ahead of tomorrow's jobs report.
The United States has lifted sanctions on Fly Baghdad, an Iraqi airline previously accused of supporting Iran's Revolutionary Guards. This move comes amidst ongoing discussions and shifting US foreign policy regarding Iran and other global actors.
Emily Ashford, head of energy research at Standard Chartered, discusses the energy markets, noting that while hopes are rising for a US-Iran deal to open the Strait of Hormuz, oil market normalization is expected to be a lengthy process.
Worldbloombergorfindex-hr+5Yahooaktuality-skTimes of IndiaDawnirish-independent8d ago8 sources
Qatar has indicated progress in diplomatic efforts between the United States and Iran towards a potential short-term agreement, which has influenced oil prices. While negotiations are ongoing, no final agreement has been reached.
Suzanne Maloney of The Brookings Institution predicts continued volatility between the US and Iran in the coming months, regardless of whether a deal is reached on the Strait of Hormuz, suggesting that any agreement would likely be limited in scope.
Stock indices rallied, driven by robust tech earnings reports and optimism surrounding potential peace developments between the United States and Iran.
A new diplomatic push is underway to keep US-Iran diplomacy alive, but its effectiveness is being questioned as repeated ceasefire failures expose the limits of mediation and mistrust deepens.
The S&P 500 and Dow closed at record highs, with shares of Palantir and Caterpillar jumping. Oil prices dropped due to optimism surrounding a potential US-Iran deal.
Gold prices are expected to remain range-bound, with their direction heavily influenced by ongoing US-Iran talks and upcoming macroeconomic data from America, which will guide the Federal Reserve's rate decisions.
Donald Trump issued a 'last chance' warning to Iran for a deal, claiming they are begging for negotiations despite their denials, and also criticized oil companies for excessive profits. Separately, he expressed disappointment in Jeanine Pirro for her handling of a Reflecting Pool vandalism case.
Iran has denied any current negotiations with the United States, contradicting President Trump's claims of progress on talks regarding the Strait of Hormuz. This denial comes after Trump announced he had called off a planned attack on Iran to seek a nuclear deal, causing oil prices to drop.
President Trump announced that new talks with Iran would begin today, following his decision to call off a planned military strike against the country. The announcement led to a significant drop in oil prices as markets anticipated a potential deal regarding the Strait of Hormuz.
Saudi Crown Prince Mohammed bin Salman urged former US President Trump to prioritize dialogue to avoid an escalation of conflict between the US and Iran. He emphasized the need to prevent a wider war in the region.
US embassies in the Middle East have issued warnings for citizens to consider departing the region, as President Trump threatens new strikes on Iran and a US general warns of insufficient resources to protect both the US and Israel from Iranian missiles. This comes after reports of new Iranian drone attacks and a tanker hit in the Strait of Hormuz.
An analysis of the oil market indicates that prices are no longer primarily reacting to war rhetoric, but rather to actual supply cuts, as observed during the recent US-Iran conflict.
An analysis suggesting that current US operations against Iran may not signify the start of a new war, but rather a new phase of a decades-long, low-intensity conflict.
A commentary highlights that beyond the US-Iran conflict's impact on waterways, another critical oil passage faces potential closure, posing a new crisis for global energy supply.
Former California Democratic congresswoman Jane Harman stated that the US war in Iran has turned every Middle Eastern country into a potential target, including those not yet involved in the conflict, highlighting the spreading danger.
Chinese scientists analyzed satellite images of US military bases in the Middle East, discovering that both Washington and Tehran manipulated data and made inaccurate claims regarding the extent of conflict damage.
Pakistan's Foreign Office announced that the country is actively working to bring the United States and Iran back to the negotiating table. The goal is to revive the Islamabad MoU and facilitate dialogue between the two nations.
Saudi Arabia has entered the conflict between the U.S. and Iran by participating in airstrikes targeting Iran-backed Popular Mobilization Forces militias in Iraq. This development comes amidst broader tensions, including discussions of Houthi fees for Red Sea shipping and new U.S. sanctions on Iran-linked tankers.
Saudi Arabia faces a critical choice between retaliating to deter further aggression or de-escalating the situation as it tries to avoid being drawn deeper into the US-Iran conflict.
Chinese scientists have used detailed satellite imagery to analyze damage to US military bases in the Middle East, revealing discrepancies in both Washington and Tehran's accounts of the conflict's scale.
The United States and Saudi Arabia conducted joint airstrikes against Iran-aligned groups in Iraq, with reports indicating multiple casualties. This action comes amidst ongoing tensions and concerns that Iran is attempting to derail ceasefire talks.
Oil prices are experiencing volatility, falling below $84 due to renewed US-Iran diplomatic efforts but also rising as tensions escalate following strikes in Iraq and a missile attack. The market reacts to both de-escalation attempts and heightened conflict.
The Trump administration announced plans to end subsidies for Medicare Part D drug premiums, which is expected to lead to higher costs for most enrollees. Concurrently, the US also banned the import of new Chinese humanoid robots and power inverters, citing security concerns in its latest tech crackdown.
President Trump met with Israeli Prime Minister Benjamin Netanyahu at the White House, with discussions primarily focused on Iran and regional security. This marked their first meeting since the start of the conflict with Iran.
Hopes for de-escalation in US-Iran hostilities have increased following reports of ongoing talks and a meeting between Israeli Prime Minister Netanyahu and President Trump, where Iran was a primary agenda item, leading to a drop in oil prices.
US media reports indicate that ongoing US-Iran talks, facilitated by intermediaries, are centered on arrangements to discuss the reopening of the Strait of Hormuz and Iran's nuclear program. Iran's Central Command, however, has reacted negatively, claiming the US continues its naval blockade, leaving the outcome of the talks uncertain.
President Trump discussed ongoing negotiations with Iran, stating a willingness for military action if talks fail, while also defending tariffs in Michigan and rejecting Israeli objections to F-35 sales to Turkey. He also made various domestic comments, including about the Federal Reserve and his accomplishments for auto workers.
Analysts from Macquarie Ltd. predict a potential oversupply in oil markets before the end of the year, citing mounting pressure on Washington to finalize a deal with Iran ahead of the midterm elections.
The United States and Iran have ceased their recent exchange of strikes, creating an opportunity for diplomatic talks. Iran maintains control of the Strait of Hormuz and denies any pleas for peace.
Oil prices dropped significantly after the United States and Iran temporarily ceased their attacks over the weekend, leading to hopes for de-escalation in the Middle East. This pause in hostilities also positively impacted Asian equities and the DAX.
Home heating oil prices in Northern Ireland have increased by £100 in three weeks, with the Consumer Council attributing the rise directly to the US-Iran conflict.
The U.S. military has reportedly paused its airstrikes against Iran, offering a brief lull in the nearly five-month conflict, amidst growing reports of dwindling munitions reserves.
Yemen's Houthi rebels claimed responsibility for drone and missile attacks on Saudi Aramco oil facilities in Yanbu and Jizan, escalating the conflict which has also seen increased activity in the Red Sea. A Greek Patriot battery reportedly intercepted a Houthi drone, while concerns grow over the widening regional tensions.
Economists estimate that the UK's fiscal headroom could shrink to as little as £7 billion, putting pressure on Chancellor Healey to consider tax increases or spending cuts due to new commitments and the US-Iran war.
Oil prices dropped by over 4% due to profit-taking and reports of a China-backed initiative to de-escalate tensions between the United States and Iran.
Tensions between the US and Iran have escalated following reports of new strikes across the region, including explosions near Erbil airport and attacks on both Iranian military sites and US bases.
Iranian Deputy Foreign Minister Abbas Araghchi has warned former US President Donald Trump that he would pay a 'heavy price,' stating that while message exchange is not an issue, the American approach to relations is problematic.
Global oil prices have surged significantly as the conflict between the United States and Iran intensifies and expands its reach into the crucial Red Sea shipping lanes.
Amid escalating tensions and reported US attacks on Iran, the United Kingdom has withdrawn its remaining diplomatic staff from Tehran. Iran has threatened to block oil exports from other regional countries if it is unable to export its own, while the Iranian-backed Houthi militia has attacked ships in the Red Sea, aiming to disrupt Saudi oil exports.
The KSE-100 index of the Pakistan Stock Exchange lost 1,704 points in a fresh sell-off, with investor confidence dented by the regional situation. Rising oil prices and concerns over a potential US-Iran war are cited as key factors contributing to the market decline.
The World Bank's chief economist, Indermit Gill, warned that a further escalation of the conflict between the United States and Iran could reduce global economic growth in 2026 to a mere 1.3 percent.
US Defense Secretary Pete Hegseth disclosed that the war in Iran has cost American taxpayers $37.5 billion, as the US continued its strikes for the 11th consecutive night. Hegseth also sought urgent funds and warned of the 'greatest threat' to the US.
The Indian Rupee has fallen by 11 paise to 96.36 against the US dollar, as US-Iran tensions and rising crude oil prices dampen hopes for a rupee rebound. Soaring crude prices are blunting capital inflows, impacting the currency's performance.
The United States accuses Iran of not respecting the agreement to reopen the vital shipping route through the Strait of Hormuz, indicating a lack of progress in peace treaty negotiations.
Shipping traffic in the Strait of Hormuz has reached its lowest level in three months, as uncertainties grow regarding a potential agreement between the United States and Iran.
Reports from Pakistani sources suggest a potential extension of the ceasefire between the US and Iran for several months, while a senior Iranian official has denied any such discussions. This comes as Iran reportedly adopts a more aggressive military stance with US talks frozen.
Islamabad is actively seeking to revive mediation efforts between the US and Iran, with a potential deal between the two nations once again appearing within reach due to fresh diplomatic initiatives.
South Korean shares opened higher, led by technology stocks, despite overnight losses on Wall Street and fading optimism over a potential US-Iran peace deal.
On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the primary elections in the US Tuesday.
Pakistan's Defense Minister believes that the United States and Iran are on track for an agreement towards a peaceful resolution. He stated that conditions are improving for a diplomatic settlement between the two nations.
Stock index futures saw gains while oil prices retreated, driven by market optimism surrounding potential deal developments between the United States and Iran.
Up to 20,000 seafarers, primarily Indian and Filipino crews, have been stranded in the Gulf since February due to the US-Iran war, with no clear end to their ordeal.
Motorists in the Philippines could see a significant reduction of up to P5 per liter in pump prices next week, fueled by fresh hopes of a potential US-Iran deal.
Oil prices rose due to concerns over potential supply disruptions after Iran proposed a deal with Oman to bar US and Israeli ships from the Strait of Hormuz. Despite the proposal, former President Trump indicated that talks regarding the strait were progressing.
India's HPCL has bought 4 million barrels of Nigerian crude oil to secure supplies, responding to disruptions caused by the US-Iran crisis and Middle East tensions.
The situation in the Gaza Strip appears to have fallen out of global focus, overshadowed by international attention on US-Iran relations and the broader Middle East conflict.
Iran announced it is close to finalizing an agreement with Oman regarding shipping through the Strait of Hormuz, even as reports emerged of two explosions near a tanker in the strait. The potential deal aims to establish control over passage through the critical waterway.
Amid ongoing US-Iran tensions, Iran has refuted media reports of negotiations in Oman, while commentators continue to discuss weapons depletion and the broader geopolitical landscape.
The Reserve Bank of India (RBI) decided not to hike the repo rate despite economic headwinds. RBI Governor Sanjay Malhotra acknowledged that the US-Iran conflict and El Niño continue to weigh on the global economy by disrupting trade routes and increasing market volatility.
A Bloomberg report on Asia trade highlights growing hopes for a US-Iran deal and discusses SpaceX's performance following an AI splurge, providing insights for the trading day in Asia.
Qatar's Ministry of Foreign Affairs spokesperson, Majed Al-Ansari, has confirmed ongoing diplomatic efforts to ease escalations between the United States and Iran. Concurrently, Qatar has renewed its calls for the faster implementation of the second phase of the Gaza ceasefire and urged the international community to pressure Israel for withdrawal.
Israel has stated it will not withdraw from Gaza until Hamas is fully disarmed, defying aspects of a proposed peace plan. Hamas, in turn, has demanded clarifications regarding disarmament and Israeli troop withdrawal.
A cargo ship was struck by a projectile near the Strait of Hormuz, off the coast of Oman, amidst ongoing uncertainty surrounding US-Iran talks. Iran's president stated that Tehran does not intend to expand the war, while Qatar continues efforts to find a solution between the US and Iran.
Global stocks and bonds saw gains while oil prices dropped amid hopes for a resolution to the US-Iran conflict. Investors reacted positively to potential de-escalation, influencing market movements across various assets.
The S&P 500 index is hovering near a record high, driven by investor optimism regarding potential de-escalation or positive developments in US-Iran relations.
UK manufacturing production increased for the fourth consecutive month, reaching its fastest pace in almost two years. The growth is attributed to an easing of Trump's tariff chaos, despite ongoing concerns about the economic impact of the US-Iran conflict.
Goldman Sachs' co-head of global commodities research, Samantha Dart, discussed increasing risks in diesel markets, citing disruptions to Russian fuel exports and the US-Iran war as key factors tightening supply.
Speculation arises whether Ukraine was leveraged to open a new front in the US-Iran conflict, as recent developments suggest the war may be entering a new phase despite a suspension of mutual attacks.
Investors have capitalized on the oil market boom driven by volatility stemming from the U.S.-Iran conflict, though long-term trading in this environment is becoming more challenging.
Indian Oil Corp. bought a record share of its crude oil from the spot market in the April-June quarter after the US-Iran conflict upended supplies from the Middle East.
Mike Dempsey, former acting Director of National Intelligence, suggested that a 'frozen conflict' is the most probable resolution for any potential U.S.-Iran war, sharing his analysis on Forbes Newsroom.
A report suggests that the conflict between the U.S. and Iran is exacerbating inequality in Africa, with Angola experiencing significant price hikes for food, fuel, and fertilizer that disproportionately affect the poor while benefiting the wealthy.
Pakistan is mediating between the United States and Iran to de-escalate tensions and negotiate a ceasefire, following a new wave of American airstrikes and emerging fronts in the Middle East.
Pakistan states that US-Iran talks are still ongoing despite a new wave of US strikes, which have intensified fears of a broader regional conflict and affected Egypt for the first time.
The Trump administration is reportedly considering a proposal to impose a $100,000 fee on foreign students who wish to work in the United States after graduation, a move that has sparked outrage.
Wall Street experienced market fluctuations following the Federal Reserve's interest rate decision and new inflation figures. Major tech companies like Microsoft, Apple, and Meta reported earnings, with investor focus on AI spending and its impact on future growth.
Energy markets experienced renewed volatility this month as investors navigated a brief pause followed by fresh hostilities between Iran and the US, with the conflict spreading beyond the Strait of Hormuz and posing risks to Kazakh oil exports.
Ship traffic in the Strait of Hormuz has slightly increased, though concerns remain about impaired Gulf crude exports, while Pakistan confirms ongoing US-Iran talks amidst recent attacks.
Pakistan's Foreign Ministry spokesperson stated that negotiations between the US and Iran are 'ongoing' to restore stability, particularly in the Strait of Hormuz. The statement was made during a weekly briefing in Islamabad.
Crude oil prices experienced a significant surge as the conflict between the United States and Iran showed signs of prolonging, impacting global energy markets.
Crude oil prices have seen a significant increase as tensions between the United States and Iran escalate, raising concerns about global supply and market stability.
The current pause in the US-Iranian conflict has an uncertain duration, with both sides seemingly interested in an agreement, though this holds little significance for Israel.
According to Circle K, Europe is experiencing a diesel import shortage, with reserves at a four-year low, attributed to the ongoing US-Iran conflict disrupting supply from the Persian Gulf region.
Donald Trump and Benjamin Netanyahu held a meeting described by Netanyahu as one of their best, amid reports of an Iranian threat and ongoing tensions. The discussion focused on regional security and the Iranian nuclear program.
Λίγο μετά την έναρξη του πολέμου, στις 28 Φεβρουαρίου, ο πρόεδρος των ΗΠΑ, Ντόναλντ Τραμπ, δήλωνε ότι το Ιράν είχε «ηττηθεί ολοκληρωτικά και θέλει συμφωνία».
Trump said that there is a “good chance" of breakthrough since talks are ongoing but issued yet another warning to Iran in case there is no conclusion.
The dollar experienced marginal fluctuations in the first trading session of the week against major currencies, as the cessation of hostilities between the US and Iran led to a significant drop in risk aversion.
The Pakistan Stock Exchange experienced a powerful rebound, surging 7,200 points. This significant gain was attributed to easing US-Iran tensions, a retreat in oil prices, and a boost from monetary policy.
Oil prices significantly dropped, and global stocks rallied after the United States and Iran announced a pause in their recent military exchanges. This de-escalation has led to hopes for reduced tensions in the region.
A report alleges that successive Israeli governments have consistently undermined diplomatic efforts and fueled tensions between Washington and Tehran over the past five decades.
On July 27, 2026, the Nasdaq slipped due to falling chip stocks, while the Dow rose, and oil prices plunged following a reported pause in US-Iran hostilities.
Oil prices have fallen significantly, with Brent crude dropping below $92, as a 'pause' in US-Iran hostilities and declining commercial shipping in the Red Sea due to Houthi attacks influence global markets. The Indian Rupee also strengthened against the US dollar, supported by these developments.
Fitch Solutions has revised down its forecast for Sub-Saharan Africa's construction Gross Value Added (GVA) growth for 2026, citing the impact of the US-Iran conflict. The firm predicts a slowdown in growth for 2027 and 2028.
Tensions are escalating in the Middle East with reports of a burning tanker and Houthi allies of Iran announcing a blockade of the Red Sea's key strait against Saudi Arabia, amidst renewed US-Iran conflict.
An assessment indicates that not much remains of the U.S.-Iran cease-fire agreement, suggesting its terms or effectiveness have significantly diminished.
The ongoing conflict between the US and Iran has intensified, leading to arrests in Gulf states and disruptions to oil transport in the region. This escalation has caused oil prices to soar and has left many Iranians feeling trapped by the prolonged war.
As the conflict between the US and Iran escalates, some analysts suggest that China, rather than a Middle Eastern power, stands to be the major geopolitical beneficiary.
The conflict between the US and Iran has escalated, with explosions reported near a US military base in northern Iraq and sirens sounding in Bahrain, hours after the American military completed its 13th night of strikes against Iran.
Pakistan's mediation efforts between the US and Iran are suspected to have been a strategic move to secure a multi-billion-dollar bailout rather than a selfless diplomatic service.
An analysis discusses the 'erratic' posture of former US President Trump regarding US-Iran relations, the failure of US strategy, and the economic impact of the crisis in Iran.
Houthi rebels have claimed responsibility for attacking two Saudi oil tankers in the Red Sea, escalating tensions in the region. This incident occurred amidst ongoing US strikes against Iran.
Thai Airways International (THAI) expects its financial performance to improve in the second half of the year, driven by approved tourism stimulus efforts, even as renewed US-Iran tensions cause jet fuel prices to rise.
Tidewater (TDW) stock experienced a decline in June, attributed to a ceasefire between the U.S. and Iran, indicating market sensitivity to geopolitical developments.
The recent escalation of tensions in West Asia between the US and Iran has caused renewed volatility in global markets, prompting Malaysian businesses to implement preparedness measures.
The Bank of England is expected to discount June's encouraging inflation figures, largely driven by falling fuel prices, due to concerns that the trend may not last following the collapse of the US-Iran ceasefire.
