July 17, 2026 12:03 AM

Iran continues to talk to U.S., wants to make a deal, White House says

The White House on Thursday said Iran continues to talk to the U.S. and wants to make a deal. "The reason for the recent strikes over the course of the last several days is because Iran violated the memorandum of understanding that we struck with them," White House spokesperson Karoline Leavitt said Thursday. "Specifically, in the memorandum of understanding that they signed, they were not to fire on commercial vessels moving through the Strait of Hormuz, and unfortunately they have made the t...

June 24, 2026 3:35 PM

Rubio starts Middle East trip as allies seek answers on Iran

U.S. Secretary of State Marco Rubio began a Middle East tour in earnest on Wednesday, seeking to reassure Gulf allies who view concessions in President Donald Trump’s Iran deal that include a proposed $300 billion fund as too generous to a regional foe. Arriving in the United Arab Emirates capital Abu Dhabi late on Tuesday for a three-day Gulf trip, Rubio is undertaking his first high-level diplomatic mission on the agreement reached last week to end the four-month-old U.S.-Israeli war with I...

June 23, 2026 9:36 PM

Trump says Iran agreed to nuclear inspections into ‘infinity’, Tehran denies US claims

U.S. President Donald Trump said on Tuesday Iran had agreed to nuclear inspections into "infinity", despite Tehran's denials, and that unfrozen Iranian assets would be used to buy humanitarian supplies from the United States. Washington agreed to waive sanctions on Iran for 60 days from Monday after the first round of talks under a nascent peace deal agreed last week on ending more than three months of war. U.S. Vice President JD Vance said the talks with Iranian officials in the Swiss mountai...

June 23, 2026 1:45 AM

‘Very productive 36 hours’, says US Vice President Vance as he departs from Switzerland after talks with Iran

US Vice President JD Vance said on Monday that technical talks between the United States and Iran in Switzerland had made significant progress, including agreements on maritime security, regional stability and nuclear oversight, as efforts continued to ease tensions in West Asia. Speaking to reporters after the discussions at Burgenstock, Vance described the negotiations as a "very productive 36 hours" and said both sides had established a mechanism to ensure the Strait of Hormuz remains open a...

June 22, 2026 6:30 PM

Vance cites progress in Iran talks, nuclear inspections

U.S. Vice President JD Vance said on Monday that progress has been made in talks with Iran, with Tehran agreeing to allow nuclear inspectors and establish mechanisms to handle its frozen assets and manage ceasefires. Speaking after talks in Switzerland, Vance also cited a mechanism to keep the Strait of Hormuz open, with technical talks set to continue in the days and weeks to come. Conversations over nuclear inspections in Iran could start as soon as this week, he said. (Reuters)...

June 22, 2026 1:48 PM

Crude oil prices fall up to 3 pc as US-Iran talks ease supply concerns

Global crude oil prices declined sharply by up to 3 per cent on Monday after talks between the United States and Iran concluded in Switzerland, easing concerns over supply disruptions and raising hopes of increased Iranian oil exports.  International benchmark Brent crude fell more than 2 per cent to around $79 a barrel after briefly rising above $82 at the start of trading, while US West Texas Intermediate (WTI) crude traded near $75 per barrel, a decrease of 3 per cent. The decline came aft...

June 22, 2026 3:39 AM

Iran oil exports set to resume under emerging US-Iran deal: US Energy Secretary

The Trump administration on Sunday said Iran would once again be able to sell oil on international markets as part of an emerging diplomatic framework between Washington and Tehran, a move that could have significant implications for global energy prices and major oil-importing countries such as India. Speaking on ABC's "This Week", US Energy Secretary Chris Wright said Iran's return to global energy markets would be one of the immediate outcomes of the ongoing negotiations, even as discussions...

May 28, 2026 9:48 AM

US strikes Iran again, official says, after Trump denies deal on Strait of Hormuz

The U.S. military carried ​out new strikes targeting an Iranian drone operation that posed a threat to U.S. forces and commercial shipping in the Strait of Hormuz, a U.S. official said, hours after President Donald Trump dismissed an Iranian ‌report of a deal to restore traffic through the strategic waterway. The U.S. official, who requested anonymity to speak candidly about military operations, told Reuters on Wednesday the military shot down four Iranian attack drones and struck a ground ...

May 22, 2026 9:15 AM

Global stocks rise, dollar at six-week high as focus remains on US-Iran talks

Asian stocks rose on Friday while the U.S. dollar sat near six- week highs and oil prices were whipsawed as investors held on to hopes of a breakthrough in U.S.-Iran peace talks although both sides remained at odds over key issues. The worry for investors remains the near closure of the Strait of Hormuz, a critical artery for the world's energy supplies, that has sent oil prices soaring and rewired the global interest rate outlook because of inflationary concerns. U.S. Secretary of State Marco...

April 26, 2026 4:12 PM

US-Iran peace hopes fade as Trump scraps talks

Hopes of a diplomatic breakthrough in the U.S.-Israeli war with Iran faded on Sunday, as efforts to revive talks stalled and both Tehran and Washington showed little sign of softening their positions. Iranian Foreign Minister Abbas Araqchi flew back to the Middle East from mediation talks in Pakistan over the weekend, while U.S. President Donald Trump scrapped a planned visit to Islamabad by his envoys Steve Witkoff and Jared Kushner. Although a ceasefire has paused full‑scale fighting in th...