Updated 8m ago Oil prices near pre-war level Brent crude, the international standard, fell 3.8% to $73.87 a barrel. It has been trading below $80 in recent days but is still above the roughly $70 per barrel it was trading at in late February before the war began. U.S. crude prices fell 3.9% to … Read more
IE 11 is not supported. For an optimal experience visit our site on another browser. How the fighting in Lebanon became a key sticking point in Iran-U.S. negotiations 03:41 Now Playing Vance touts ‘successful foundation’ in remarks on Iran-U.S. negotiations 10:13 UP NEXT US and Iran Agrees to Roadmap for Final Deal Within 60 Days … Read more
A senior U.S. official on Wednesday provided NBC News with the text of the memorandum of understanding between the United States and Iran. The U.S. had originally held back on releasing the text of the MOU signed Sunday at the request of Iran, the official said. The U.S. was coordinating their release with Iran and … Read more
A new burst of diplomatic action intensified Thursday in a push to break the deadlock between the United States and Iran. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Tehran was responding to Washington’s latest proposal, which had “reduced the gaps to some extent” between the two sides, … Read more
Industries like automotive manufacturing and consumer electronics could see slowdowns or production halts, according to Abuwasel, who also expects delays for pharmaceuticals, medical supplies and temperature-controlled goods the longer this conflict drags on. Historically, geopolitical shocks tend to fade quickly when it comes to economic impact. Last summer’s flare-up between the U.S. and Iran, for … Read more