Trump’s U-turn and hopes of a deal ease tensions in energy markets.

By Qasim Nauman and Erica L. Green

Asian Currencies Rally on AI Enthusiasm, US-Iran Peace Hopes - Bloomberg.com

Asian Currencies Rally on AI Enthusiasm, US-Iran Peace Hopes  Bloomberg.com

American healthcare costs drive global imbalances

Dark matter revealed?

US petrol prices 50 percent higher than before war on Iran

The average price of petrol in the United States has reached $4.48 per gallon, according to AAA.

AI ecosystems in China and US grow apart amid tech war

China and the United States are taking divergent paths to developing artificial intelligence (AI), putting their technology ecosystems increasingly at odds. This divergence was on show on April 24 when start-up DeepSeek launched its next-generation V4 AI models that were optimised for use with the Ascend chips and associated software tools of tech giant Huawei Technologies. China has for years been pursuing technological self-reliance, a policy reiterated by the Communist Party’s Politburo at...

By Wency Chen,Vincent Chow

US-Iran conflict reasches painful stalemate: US will respond if fired on

Fraser Jackson, France24 correspondent in Washington DC, has more.

By FRANCE24

Global stocks surge and oil slides on Iran peace deal report

US to shut Peshawar consulate in Pakistan, to shift operations to Islamabad

The United States is closing its consulate general in Peshawar due to safety concerns for diplomatic staff and resource allocation. While the physical presence is reduced, the US will maintain engagement with Khyber Pakhtunkhwa through its embassy in Islamabad. This decision follows a wave of unrest in Pakistan.

By TOI WORLD DESK

US and Iran nearing one-page war-ending agreement

Key points include both countries lifting their respective blockades of the Strait of Hormuz in exchange for the US removing sanctions and Iran committing to a 15-year moratorium on enrichment.

US, Iran Closing In On One-page Memo To End War: Report

The White House believes it is getting close to an agreement with Iran on a onepage memorandum of understanding to end the war and set a framework for more detailed nuclear

U.S. and Iran nearing agreement on one-page memo to end war, report says

The news report cautioned that nothing has been agreed yet, but described this as the closest the parties ‌had been to an agreement since the war began.

US and Iran near breakthrough agreement since war began

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 negotiations, Axios reported on Wednesday, citing two U.S. officials and two other sources briefed on the issue. The U.S. expects Iranian responses on several […]

US announces phased closure of Peshawar consulate, says operations will shift to Islamabad

The US State Department has announced the phased closure of its consulate in Peshawar, saying it would transfer operations to the embassy in Islamabad, it emerged on Wednesday. “Responsibility for diplomatic engagement with Khyber Pakhtunkhwa will transfer to the US Embassy in Islamabad.  This decision reflects our commitment to the safety of our diplomatic personnel and efficient resource management,” it said in a statement. While our physical presence in Peshawar is changing, the administra...

By none@none.com (News Desk)

US and Iran closing in on one-page memo to end war – reports

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Gasoline costs 50% more in US than it did before war

NEW YORK (AP) — The price of a gallon of regular gasoline climbed 31 cents in the past week, spiking to an average of $4.48 per gallon Tuesday, according to AAA, hitting the wallets of drivers after rising 50 percent since the war with Iran began. The main reason drivers are paying more at the pump is because of the global energy crisis caused by the Iran war. The price of crude oil, which is the main ingredient in gasoline, has been climbing for most of the past two months because the Strait of

By The Korea Herald

Global stocks surge and oil slides on Iran peace deal report

PM Shehbaz thanks Trump’s decision to pause 'Project Freedom' in Strait of Hormuz

PM says development came in response to requests from Pakistan, other countries, particularly Saudi Arabia

By Web Desk

US gasoline prices climb 50% since start of war with Iran

The cost of a gallon of regular gas in the U.S. jumped by 31 cents over the last week, reaching an average of $4.48 per gallon on Tuesday, according to the American Automobile Asso...

Nigeria, US launch defence working groups as insecurity worsens despite troops, drone support

This was disclosed in a statement issued late Tuesday by Samaila Uba, the spokesperson for Defence Headquarters. The post Nigeria, US launch defence working groups as insecurity worsens despite troops, drone support appeared first on Premium Times Nigeria.

By Yakubu Mohammed

China seeks ‘complete’, immediate end to Middle East fighting

China’s Foreign Minister calls for a complete end to Middle East fighting and urges the US and Iran to reopen the vital Strait of Hormuz as soon as possibl Read More: https://punchng.com/china-seeks-complete-immediate-end-to-middle-east-fighting/

By Punch Newspapers

Oil prices fall over 5% on Middle East peace hopes

Oil prices plunged on Wednesday on fresh hopes of the United States and Iran reaching a peace deal to end the Middle East war. The post Oil prices fall over 5% on Middle East peace hopes appeared first on Vanguard News.

By Henry Oduah

Trump pauses Hormuz operation as Iran talks advance

Donald Trump has paused the US operation to guide ships through the Strait of Hormuz, saying talks with Iran have made progress towards a deal to end the war. The US president said Project Freedom would stop for “a short period” after a request from Pakistan and other countries. He said the naval blockade of Iranian ports would remain in force. The move came one day after Washington launched the operation to move stranded commercial vessels through the waterway.