19 articles found

Asian stocks climbed on AI-driven optimism, while oil prices rose amid ongoing uncertainty over US-Iran peace talks and the future of global energy supply routes.
June 1, 2026

Oil markets have whipsawed this week as investors parse the chances of a breakthrough agreement between Washington and Tehran that could potentially resume normal shipping through the crucial Strait of Hormuz.
May 29, 2026
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The US military shot down four drones launched from Iran and struck a control center in the port city of Bandar Abbas; Iranian forces fire at four ships attempting to cross the Strait of Hormuz; Israel's military issues evacuation warning for residents of the city of Tyre in southern Lebanon.
May 28, 2026
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In the "adverse" scenario, where oil prices remain higher for longer, inflation expectations become less stable and financial conditions tighten, growth would slow to 2.5%, the Fund said at the time.
May 14, 2026

US president says President Xi offered China's help to open the strait, pledges not to send military equipment to aid Iran; Iranian media reports that naval forces allowed Chinese ships to pass through Hormuz; Israel, Lebanon to open new round of peace talks in Washington.
May 14, 2026

After plunging more than 10 per cent at one point on Wednesday on hopes of peace, crude futures fall nearly another 4 percent.
May 7, 2026
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Says negotiations are taking place via telephone calls with Islamabad; Iran judiciary chief says Tehran open to US talks but against policy 'imposition'; Israeli forces continue to destroy towns across southern Lebanon.
May 1, 2026
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Supreme leader Khamenei says US has been defeated in its war on Tehran; Iran's President Masoud Pezeshkian says 'any attempt to impose a maritime blockade or restrictions is contrary to international law ... and is doomed to fail'; US President Donald Trump says Tehran's navy is "at the bottom of the sea."
April 30, 2026
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Crude prices jumped as much as four percent in early Asian business after global security monitors and Iran's Revolutionary Guards said Iranian forces had seized two ships and fired on a third in the Strait of Hormuz.
April 23, 2026