US-Iran peace talks ease market volatility but uncertainty keeps oil prices hovering, complicating recovery efforts Published On 29 Jun 202629 Jun 2026 United States President Donald Trump is touting relief at the pump as US gas prices begin to fall ahead of potential peace talks despite ongoing clashes in the Strait of Hormuz. “GAS PRICES…
Oman’s Foreign Minister Sayyid Badr bin Hamad Al Busaidi, speaking Thursday after meeting with fellow top diplomats from Persian Gulf nations and U.S. Secretary of State Marco Rubio, said “future arrangements concerning the Strait of Hormuz will not involve imposing any transit fees.” Al Busaidi “reiterated Oman’s support for the memorandum of understanding signed between…
The price of Brent crude has reached its lowest since February 27, before the war started. Published On 25 Jun 202625 Jun 2026 Oil prices have extended their decline to levels last seen before the start of the Iran war, as expectations of rising supply from the Middle East outweighed demand concerns. Prompt-month Brent crude…
Apple plans to raise prices across its product lineup to offset the surging costs of memory and storage chips, CEO Tim Cook revealed in a recent interview with The Wall Street Journal. Read: Siri AI: A deep dive into Apple’s new intelligent assistant The global explosion in AI-driven data centre infrastructure has forced consumer electronics…
The Brugge oil tanker anchored off the Port of Long Beach in Long Beach, California, US, on Thursday, May 7, 2026. Tim Rue | Bloomberg | Getty Images U.S. oil prices jumped 5% Monday after President Donald Trump told CNBC he did not care if talks with Iran come to an end. West Texas Intermediate…
The price of oil rose sharply on Monday, after Iranian government-aligned media reported that the country was cutting off talks with the United States to end the ongoing war. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. U.S. crude oil soared as much as 8.5% to nearly $95…
Trump said on Saturday that an agreement would include the reopening of the Strait of Hormuz, without giving further details.
Rolfo | Moment | Getty Images This summer, mega artist Harry Styles will take the stage at Madison Square Garden in New York City for an exclusive 30-show residency – his only planned stop in the country and a show that’s garnered intense attention since its announcement. Despite her best efforts, Shira Elfassy won’t be…
APA Corporation’s Beryl Alpha oil platform in the North Sea. Courtesy: APA Corporation Oil prices fell on Tuesday after U.S. President Donald Trump said he would postpone a planned military strike on Iran following requests from key Middle Eastern leaders, easing fears of an imminent escalation that could further disrupt global crude supplies. International benchmark Brent…
Anticipation is building for next month’s World Cup Soccer Tournament, and so are costs, for both fans and the host cities. Adam Yamaguchi has more.
