Headlines

Iran accuses US of violating ceasefire with new attacks

May 8 (Reuters) - Iran accused the United States of violating a ceasefire by targeting two ships at the Strait of Hormuz and attacking civilian areas, the country's top joint military command said early on Friday. The U.S. targeted "an Iranian oil tanker traveling from Iran's

US awaits Iran response to latest deal offer

The United States was waiting on Thursday for Iran to respond to its latest proposed deal to end the war in the Middle East and to reopen the key shipping lane out of the Gulf. Oil prices tumbled five percent after US President Donald Trump said once again that an agreement

Oil prices drop awaiting Mideast peace progress

Oil prices fell and global stock markets traded mixed Thursday awaiting an update on a US plan to end the Middle East war and reopen the Strait of Hormuz. After having plunged more than 10 percent at one point Wednesday on peace hopes, crude futures fell nearly another four