BP Q1 Profits More Than Double as Iran War Drives Oil Prices Higher
British oil giant BP reported Q1 profits more than double year-ago levels, driven by surging oil prices amid the ongoing Iran conflict.
Iran
Oil Prices Surge on UAE OPEC Exit, Wall Street Markets Split
International crude prices rallied sharply on the UAE’s OPEC withdrawal announcement, boosting energy stocks on Wall Street while tech giants face investor scrutiny over AI spending returns.
Bank of Japan Holds Rates Steady, Raises Inflation Forecast Amid Iran War Concerns
The Bank of Japan kept its policy rate unchanged in a 6-3 split vote, while raising its inflation forecast, reflecting concerns about the economic impact of the Iran conflict.
Rubio Dismisses Iran's Strait of Hormuz Proposal, Nuclear Deadlock Persists
US Secretary of State Rubio formally rejects Iran’s proposal to reopen the Strait of Hormuz, insisting nuclear issues must be resolved first, leaving negotiations at a standstill.
Rubio Rejects Iran's New Proposal to Reopen Strait of Hormuz, Talks in Limbo
US Secretary of State Rubio formally rejected Iran’s proposal to reopen the Strait of Hormuz while postponing nuclear talks, leaving US-Iran peace negotiations in limbo and oil markets under pressure.
Trump Dissatisfied With Iran's Strait of Hormuz Reopening Plan as Global Pressure Mounts
President Trump has expressed dissatisfaction with Iran’s plan to reopen the Strait of Hormuz, while dozens of nations call for immediate restoration of passage and the UN warns of a potential global food crisis.
Iran's Foreign Minister Meets Putin in Moscow as US-Iran Nuclear Talks Falter
Iran’s foreign minister travels to Moscow to meet with President Putin as US-Iran nuclear negotiations stall, with Trump expressing dissatisfaction with Iran’s latest proposal, reshaping Middle Eastern geopolitical dynamics.
Iran's Foreign Minister Meets Putin in Russia to Discuss War and Peace Talks
Iranian Foreign Minister Abbas Araghchi traveled to Moscow for talks with President Putin on the Iran war, with the Kremlin saying Russia is ready to offer mediation services in future US-Iran negotiations.
Oil Prices Rise as US-Iran Peace Talks Stall
International oil prices rose as US-Iran peace negotiations stalled following President Trump’s cancellation of a planned diplomatic mission to Pakistan, heightening uncertainty in global energy markets.
Rubio Rejects Iran's New Proposal to Reopen Strait of Hormuz, Talks in Limbo
US Secretary of State Marco Rubio has rejected Iran’s new proposal to reopen the Strait of Hormuz, which sought to delay nuclear talks in exchange for lifting the US blockade, casting further uncertainty over US-Iran relations.