Headlines

Oil and stocks steady as US-Iran truce expiry looms

Oil prices dipped and stocks mostly edged higher Tuesday as investors held out hope that despite conflictual rhetoric there was scope for a deal to end the Middle East war and reopen the Strait of Hormuz to oil and gas shipments. Iran had not yet sent a delegation to

Trump says he does not want to extend ceasefire with Iran

WASHINGTON, April 21 (Reuters) - President Donald Trump told CNBC in an interview on Tuesday that he did not want to extend a ceasefire with Iran, adding the U.S. was in a strong negotiating position and would end up with what he called a great deal. "I don't want to do that.

Shipping traffic through Hormuz still largely halted

LONDON, April 21 (Reuters) - Shipping traffic through the Strait of Hormuz remained broadly halted on Tuesday with only three ships passing the waterway in the past 24 hours, shipping data showed. A U.S. blockade of Iranian ports has infuriated Tehran, prompting it to maintain

War in the Middle East: latest developments

The latest developments in the Middle East war: - US position called 'strong' - US President Donald Trump touted what he said was Washington's strong negotiation position as his envoys prepared for talks with Iran in Pakistan to end the Middle East conflict. "We're going to end

Contenders to head crisis-wracked UN face live grillings

By David Brunnstrom, Emma Farge and Olivia Le Poidevin April 21 (Reuters) - The four candidates vying to become the next United Nations secretary-general face live hearings on Tuesday and Wednesday on their bids to lead the troubled global organization from next year. Chile's

Trump: New deal with Iran will be better than old one

WASHINGTON, April 20 (Reuters) - President Donald Trump said on Monday he believed a nuclear deal the U.S. is currently negotiating with Iran will be better than a 2015 international agreement to curb Tehran's nuclear program. "The DEAL that we are making with Iran will be FAR

Iran pulling Hormuz 'lever' to maximum in US standoff

Iran is banking on the Strait of Hormuz as its main card in any peace negotiations with the United States, but using the waterway as leverage is not without risk for the Islamic republic. Iran had for decades talked up the threat of blocking the strait, which is a critical