Long lines formed at gas stations in Tehran Tuesday after the United States announced fresh sanctions aimed at pressuring Iran into submission. Washington has turned to pulling economic levers six months into a war on Iran that has ground to a stalemate militarily, with peace talks stalled and most traffic through the crucial Strait of…
Iranian Foreign Minister Abbas Araghchi speaks during a press conference held at the Ministry of Interior in Tehran, Iran, on Aug. 8, 2026, on the occasion of National Journalists’ Day. Anadolu | Anadolu | Getty Images Iranian Foreign Minister Abbas Araghchi said Tehran is not currently in direct talks with the U.S. to end the war with…
DEVELOPING STORYDEVELOPING STORY, Trump has announced a ceasefire deal with Iran has been agreed, and that the Strait of Hormuz will reopen for shipping. Published On 14 Jun 202614 Jun 2026 United States President Donald Trump has announced that a ceasefire deal with Iran has been agreed and that toll-free shipping through the Strait of…
Japan’s Nikkei 225 breached 64,000 for the first time Monday as a sharp decline in oil prices lifted risk sentiment in holiday-thinned trading.
Tehran also signals progress on talks but says the key issue of nuclear weapons is not part of an initial framework it is working on.
Asia-Pacific markets traded mostly higher Friday, after Iran and Oman were reportedly drafting a protocol to “monitor transit” through the Strait of Hormuz, raising hopes that the crucial waterway could partially reopen. Tanker traffic through the key oil-shipping route “should be supervised and coordinated” with the two countries, said Kazem Gharibabadi, Iran’s deputy foreign minister of…
