geopolitics

Oil fell after President Donald Trump said he was holding off on fresh strikes on Iran, boosting optimism for a deal to end the war and restore energy flows through the Strait of Hormuz. Stocks fluctuated.

No deal, no exit: How US-Iran standoff risks fresh conflict Reuters

Gold extended a gain as the prospect of a US-Iran ceasefire deal eased some inflationary concerns that have weighed on bullion.

Australia's farmers, hit by Iran war costs and dry weather, grow less wheat Reuters

President Donald Trump said he called off a strike on Iran after an appeal by the leaders of Persian Gulf allies, who called for more time to pursue a diplomatic resolution. Bloomberg Economics' Chris Kennedy has the latest. (Source: Bloomberg)

Vladimir Putin is set to travel to Beijing for talks with President Xi Jinping, with the war in Iran offering an opportunity for Russia to deepen energy links with China. Bloomberg's Stephen Engle reports. (Source: Bloomberg)

Oil futures climbed on Monday, getting a boost after President Donald Trump warned that the “clock is ticking” on Iran, but a loss of the buffers used to cushion supply disruptions could spark the next significant move higher for prices.

Brazil's all-time leading scorer Neymar called up for World Cup 2026 as Carlo Ancelotti turns to forward for first time.

Japan kicks into high gear steering Iran war oil shock response

China's empty, unfinished skyscrapers find new lease on life