iran
Stocks leap worldwide, and oil prices drop after the US and Iran reach a tentative deal on their war
NEW YORK | Stock markets rallied worldwide, and oil prices eased after the United States and Iran reached a tentative deal to get the global flow of crude going again. The S&P 500 rose 1.7% Monday on hopes that this time, the announcement of an Iran-U.S. agreement will mean a long-term fix to a conflict […]
Deal is reached to end Iran war and Trump orders stop to US naval blockade
ISLAMABAD | The United States and Iran have reached an agreement to end the war and open the Strait of Hormuz, offering relief to the global economy more than three months since fighting began. Details of the deal were not immediately available. Key mediator Pakistan said the signing will be Friday in Switzerland. Key issues […]
US and Iran have agreed to wording of a deal to end their war, Pakistan’s prime minister says
ISLAMABAD | Pakistan’s prime minister said Friday the United States and Iran have agreed to wording of an agreement aimed at ending their war in the Middle East and that mediators were working with both sides to finalize a deal. Prime Minister Shehbaz Sharif said the U.S. and Iran have reached a “final, agreed upon […]
Trump is raising expectations that this time he really will close deal with Iran to wind down war
WASHINGTON | President Donald Trump has long been looking for this weekend to be a big one for his presidency. The World Cup returns to the U.S. on Friday for the first time in 32 years after Trump threw himself into winning the bid to co-host the soccer tourney during his first term. He’ll be […]
UK defense secretary resigns, saying the government is not willing to spend enough on the military
LONDON | U.K. Defense Secretary John Healey unexpectedly quit on Thursday, saying the government is unwilling to spend enough on the military at a time of “rising threats.” The resignation dealt another blow to embattled Prime Minister Keir Starmer, who is already facing demands from Labour colleagues to step down. Healey told Starmer in a […]
Trump calls off latest threats to strike Iran, citing progress in negotiations
DUBAI, United Arab Emirates | U.S. President Donald Trump said Thursday he has called off new military strikes on Iran, hours after threatening to escalate the war by seizing control of the country’s oil industry. Trump said in a social media post that he made the move “based on the fact that discussions with the […]
Trump has a new, surprising take on the higher cost of living: ‘I love the inflation’
WASHINGTON | President Donald Trump on Wednesday showed how he had learned to stop worrying about inflation and simply, in his own words, “love” it. Asked about the new report that the consumer price index in May had jumped 4.2% over the last year, the president took a surprisingly optimistic tack with the challenging news. […]
Trump says US will hit Iran ‘very hard,’ threatens to take ‘total control’ of its oil industry
DUBAI, United Arab Emirates | President Donald Trump on Thursday said the U.S. would hit Iran “VERY HARD TONIGHT,” threatening in a social media post to “assume total control” of Iran’s oil and gas industries, including the key Kharg Island, in the “not too distant future.” The post come after the U.S and Iran traded […]
US strikes Iran and Tehran fires back. Trump says Iran will ‘pay the price’ for stalled talks
DUBAI, United Arab Emirates | The United States launched airstrikes early Wednesday against Iran, and Tehran fired back at countries in the region. The escalating attacks threatened to derail efforts to end the war, as U.S. President Donald Trump warned that Tehran would “pay the price” for stalled peace negotiations. Trump’s warning came hours after […]
Trump says US ‘must’ respond after Iran shot down US Army helicopter near Strait of Hormuz
DUBAI, United Arab Emirates | President Donald Trump blamed Iran on Tuesday for shooting down a U.S. Army helicopter close to the Strait of Hormuz and said the United States must respond. Iran’s top diplomat said foreign military forces near the country’s territory “are at constant risk.” In the first known operation of its kind […]