Stocks fall, oil rallies as Middle East peace hopes fade
Wall Street's main equity indexes dipped on Tuesday and the dollar rose as U.S. inflation climbed and oil gained for a third
May 12, 2026Wall Street's main equity indexes dipped on Tuesday and the dollar rose as U.S. inflation climbed and oil gained for a third
May 12, 2026
Iran has expanded its definition of the Strait of Hormuz into a "vast operational area" far wider than before the Iran war, according to a senior officer in the Islamic
May 12, 2026
U.S.
May 12, 2026
Trump wants to lift the federal tax on gas. But don’t expect much relief even if it happens
May 12, 2026
U.S.
May 11, 2026
Iran and the United States have reached an impasse again over how to end their war while their ceasefire grew increasingly shaky
May 11, 2026
Iran’s ‘garbage’ peace offering is proof it thinks it has won the war
May 12, 2026
U.S. President Donald Trump says the Iran ceasefire is on “life support” after he rejected Tehran’s latest proposal to end the war
May 11, 2026
Oil prices settled almost 3% higher on Monday after U.S.
May 11, 2026
U.S. equity indexes inched ahead to record closing highs while the dollar edged higher on Monday, as investors awaited a meeting
May 11, 2026
Turkish Foreign Minister Hakan Fidan will visit Qatar on Tuesday for talks on the Iran war, its impact on the Gulf and efforts to ensure navigational safety in the Strait of
May 11, 2026
South Korea's presidential Blue House on Monday condemned in the strongest terms an attack against a cargo ship operated by a Korean shipper this month in
May 11, 2026
Aramco, the world’s largest oil company, reported a 25% jump in first-quarter profits amid tight global oil supplies
May 10, 2026
President Donald Trump on Sunday rejected Iran's response to a U.S. proposal for peace talks, dashing hopes for
May 09, 2026
Iran has sent its response to a U.S. proposal aimed at ending the more than two-month war to mediator, Pakistan, Iran's IRNA news agency said on Sunday.
May 10, 2026
Iran's Revolutionary Guard navy has warned of a “heavy assault” on one of the U.S. bases in the region if Iranian oil tankers or commercial vessels are attacked
May 09, 2026
Britain said on Saturday it was deploying its warship HMS Dragon to the Middle East in preparation for a potential multinational effort to protect shipping in the Strait of
May 09, 2026
Washington has revised its proposed U.N. resolution demanding Iran halt attacks and mining in the Strait of Hormuz but the changes are unlikely to avert Chinese and Russian vetoes,
May 09, 2026
Efforts to end the war between the U.S. and Iran appeared to stall as the two sides traded fire in the Gulf on Friday,
May 08, 2026
US military strikes sites in Iran as countries exchange fire
May 08, 2026
Iran’s ‘mosquito fleet’ means its battered navy still has bite
May 08, 2026
South Korea's Oceans Ministry said on Friday that government investigators had started examining the cause of an explosion and fire aboard a Korean-operated vessel amid
May 08, 2026
Southeast Asian leaders were united on Friday in calling for a regional fuel-sharing framework to be ratified quickly, as their summit ended
May 08, 2026
The United States and Iran exchanged fire on Thursday in the most serious test yet of their month-long ceasefire, but
May 07, 2026
The U_S_ military says that it intercepted Iranian attacks on three U_S_ Navy ships as they transited the Strait of Hormuz and “targeted Iranian military facilities responsible for attacking U_S_ forces.”
May 07, 2026
The U.S. military said it carried out retaliatory strikes on Iran on Thursday, targeting sites it said were responsible for attacking U.S.
May 08, 2026
President Donald Trump said on Thursday three U.S.
May 08, 2026
The U_S_ military says it intercepted Iranian attacks on three Navy ships in the Strait of Hormuz and “targeted Iranian military facilities responsible for attacking U_S_ forces."
May 07, 2026
The U.S. on Thursday urged countries to support its United Nations resolution demanding Iran halt attacks and mining of the Strait of Hormuz, but diplomats said China and Russia are
May 08, 2026
Oil prices swung between gains and losses in volatile trading on Thursday, ultimately settling lower after a report said Saudi Arabia and Kuwait lifted
May 07, 2026
Iran imposes new rules for Strait of Hormuz in bid to secure wartime gains
May 07, 2026
Iran’s grip on the Strait of Hormuz has jolted the world economy
May 07, 2026
With their location trackers shut off to avoid Iranian attacks, the United Arab Emirates and buyers have recently sailed several
May 07, 2026
Asian shares are sharply higher, with Tokyo's Nikkei 225 up 6%
May 07, 2026
U.S. President Donald Trump is set to meet Chinese President Xi Jinping in May on his first visit to China in eight years.
May 07, 2026
In 24 hours, the Trump administration’s stance on the Iran war has pinballed from declarations that a tenuous ceasefire was holding and military operations were over to new threats of bombing the Islamic Republic
May 07, 2026
Oil prices fell sharply to two-week lows on Wednesday as optimism grew about a possible end to the war in the Middle East, with reports the United States and
May 06, 2026
What will it take to free the 1,600 ships stuck in the Strait of Hormuz?
May 07, 2026
A U.S. fighter jet on Wednesday fired on an Iranian oil tanker in the Gulf of Oman as it tried to breach the U.S. blockade of Iran’s ports, the U.S. military said
May 06, 2026
With hundreds of vessels still stuck in the Persian Gulf and costs piling up, shipping companies are being whipsawed by uncertainty over how and when the Strait of Hormuz might reopen more than two months into the Iran war
May 06, 2026
At the UAE port of Fujairah, conveyor belts offloaded grain from bulk carriers on Wednesday, while crude oil flowed
May 06, 2026
French President Emmanuel Macron said on Wednesday that he had held further talks with Iranian President Masoud Pezeshkian, during which Macron had reaffirmed the importance
May 06, 2026
France on Wednesday deployed its carrier strike group to the Red Sea as part of planning for a potential mission to secure the Strait of
May 06, 2026
The price of a gallon of regular gasoline in the U.S. has climbed 31 cents in the past week and is now 52% higher than before the Iran war began
May 06, 2026
Major U.S. passenger airlines spent just over $5 billion on jet fuel in March, up $1.8 billion or 56% from what they spent in February, the U.S.
May 06, 2026
A CMA CGM container ship was attacked while transiting the Strait of Hormuz, injuring crew members and damaging the vessel, while another vessel run by the French group exited
May 06, 2026
China’s diplomatic role in the Iran war has come into sharper focus after talks between Chinese and Iranian foreign ministers on Wednesday, days before U.S. President Donald Trump is expected to meet his Chinese counterpart Xi Jinping
May 06, 2026
Iranian Foreign Minister Abbas Araqchi met China's top diplomat in Beijing on Wednesday, underscoring close ties between the two countries
May 06, 2026
The White House believes it is getting close to an agreement with Iran on a one-page memorandum of understanding to end the war and set a framework for more detailed nuclear
May 06, 2026