Oil drops, stocks hit records on hopes of Hormuz opening
Oil prices fell sharply Tuesday after US Treasury Secretary Scott Bessent said a deal could be reached imminently with Tehran on re-opening the Strait of Hormuz to shipping traffic.
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Oil prices fell sharply Tuesday after US Treasury Secretary Scott Bessent said a deal could be reached imminently with Tehran on re-opening the Strait of Hormuz to shipping traffic.
Read moreFor 115 days, captain Mohammad Shafiqul Islam was stranded on the high seas of the Gulf, watching missiles light up the night sky and rationing food and water for his crew.
Read moreThe coalition of 25 US states argues the president exceeded his legal authority by imposing broad tariffs on dozens of trading partners under the guise of combating forced labour. The group is asking…
Read moreThe US president insisted negotiations were underway despite Tehran's denials, saying Iran had a final opportunity to reach an agreement on the Strait of Hormuz and its nuclear programme before facing…
Read moreFirefighters made progress against several blazes Monday after wildfires driven by drought, extreme heat and strong winds tore through Washington state's second-largest city, destroying up to 1,100 structures…
Read moreThe US president insisted negotiations were underway despite Tehran's denials, saying Iran had a final opportunity to reach an agreement on the Strait of Hormuz and its nuclear programme before facing…
Read moreEurope's record-breaking hot and dry summer continues to take its toll on France and Greece, where firefighters fought to contain major blazes, while the UK recorded its driest July in nearly two centuries. Europe…
Read moreU.S. President Donald Trump said new talks to wind down the war in Iran will start on August 3, after announcing he is holding off on new massive strikes he had threatened to unleash on the country.…
Read moreThe hard-right Reform UK party on Monday revealed plans for "the largest military operation" in the Channel "since World War II", which would deploy Britain's Royal Navy to return small migrant boats…
Read moreUS President Donald Trump's postwar transition body The Board of Peace on Monday assured Prime Minister Benjamin Netanyahu that Israel's withdrawal would only begin after Hamas's complete disarmament,…
Read moreUS President Donald Trump on Monday said talks with Iran "are going on right now", adding that the negotiations represented the last chance for Tehran to sign a good deal. Earlier on Monday, after Iran…
Read moreErling Haaland scored a brace and Orjan Nyland saved a first-half penalty as Norway downed five-time champions Brazil 2-1 to book a place in the World Cup quarter-finals, where they will face either…
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