In an aerial view, a Valero refinery is seen on May 5, 2026 in Corpus Christi, Texas. Brandon Bell | Getty Images Oil prices were lower on Friday, erasing gains after the U.S. and Iran exchanged fire in the strategically vital Strait of Hormuz, fanning fears that the fragile ceasefire between the two countries was…
Defense Secretary Pete Hegseth on Tuesday defined Project Freedom, a day-old U.S. military operation to assist commercial vessels stuck in the Persian Gulf to get out via the Strait of Hormuz, as completely separate from hostilities with Iran that began with joint U.S.-Israeli strikes on the country on Feb. 28. “This operation is separate…
Treasury yields ticked higher on Thursday as investors await updates on the resumption of U.S.-Iran peace talks and the latest Purchasing Managers’ Index print for April, due later in the day. The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was up more than 2 basis points…
Crude oil prices jumped Tuesday as doubts grow that the U.S. and Iran will meet for peace talks, stoking fears that the war in the Middle East will resume after the ceasefire ends tomorrow. Brent crude futures, the international benchmark, rose 3% to $98.37 per barrel by 1:55 p.m. ET. U.S. oil futures advanced nearly…
5m ago Germany rejects calls for suspension of EU-Israel cooperation Germany has dismissed calls to suspend the EU’s cooperation deal with Israel, despite rising anger over the war in Lebanon and the situation in the occupied Palestinian territories. Spain and Ireland had put the issue of halting the agreement back on the table at…
Currency dealers monitor exchange rates as an electronic screen (top) shows South Korea’s benchmark stock index (KOSPI) in a foreign exchange dealing room at the Hana Bank headquarters in Seoul on March 13, 2026. Jung Yeon-je | Afp | Getty Images Asia-Pacific markets were mostly higher Monday, as investors continue to keep a cautious eye…
Asia-Pacific markets track overnight gains in U.S. stocks on lower oil prices amid hopes of a Iran-U.S. deal
ISLAMABAD, PAKISTAN – APRIL 11: U.S. Vice President JD Vance (C) walks with Pakistan’s Chief of Defence Forces and Chief of Army Staff Field Marshall Asim Munir (L), and Pakistani Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar after arriving for talks with Iranian officials on April 11, 2026 at Islamabad, Pakistan. (Photo by…
A 2-week ceasefire between the U.S. and Iran sparked a broad-based relief rally across risk assets, and even buoying traditional safe havens.
U.S.-Iran talks are expected to be held in Oman on Friday, sources told CBS News, after the U.S. military said it shot down an Iranian drone and Iranian forces threatened to seize a U.S.-flagged vessel. Iran is seeking direct talks with the U.S. without the usual third party intermediary, according to two sources — an…
