geopolitics
The U.S. appears close to reaching an agreement that would end the war with Iran and reopen the strategic Strait of Hormuz, according to reports Sunday, sending oil prices sharply lower.
Strategists Warn Yields to Stay High Even If Iran War Ends
Trump had said an agreement with Iran to open the Strait of Hormuz, among other issues, was largely negotiated and would be announced soon.
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Oil dropped as the US and Iran edged toward a deal, although President Donald Trump said that Washington’s blockade of the Strait of Hormuz would remain until an agreement was completed.
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European natural gas dropped during early trading in Asia on optimism that the US and Iran are closing in on a deal that would reopen the Strait of Hormuz.
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Gold rose as signs that the US and Iran were closing in on a deal that would reopen the Strait of Hormuz tempered inflation concerns.
China sends aid to Cuba amid a harsh US blockade.
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Russia has shut down the internet, causing a rift in Putin's inner circle and growing discontent amongst the public. Russia's pounding of Kiev is another distraction.
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US President Donald Trump on Sunday said that he had told diplomatic representatives not to "rush into a deal" with Tehran to end the US-Israeli war on Iran, walking back earlier signals of progress towards a peace agreement. The draft agreement would reportedly postpone talks over Iran's nuclear pr
Al Jazeera exclusive footage follows Iran’s national football team as they train for the World Cup in Turkiye.