US president considers Iran deal within days The US president is considering a potential deal with Iran, citing the country's struggling economy. The Iran deal has been in limbo for over two weeks, with the US previously stating it was "very close" to an agreement.
XAU/USD hovers at March lows as traders weigh Middle East truce against persistent inflation fears and Fed rate expectations. Gold (XAU/USD) trades in a tight range near $4,267-$4,268 during Tuesday’s Asian session, failing to extend a late rebound from Monday. A pullback
The Defense Department’s updated 1260H list imposes procurement restrictions starting this month, pressuring supply chains for US contractors. The Pentagon added Alibaba, Baidu, BYD, and four other Chinese firms to its 1260H list, barring direct Defense Department contract
OpenAI submitted a confidential S-1 to the SEC, targeting a September 2026 IPO at a valuation up to $1 trillion. OpenAI filed a confidential S-1 registration with the SEC on May 22, positioning itself for a potential initial public offering in September 2026. The company i
Rising geopolitical risks and dwindling global oil reserves spark warnings of a potential supply crunch and price surge. Oil prices climbed at the start of the week as hostilities between Iran and Israel escalated, adding pressure to already strained global supplies. Reser
Tehran rejects U.S. revisions to a draft agreement, insisting on economic concessions before agreeing to a ceasefire. Iran has rejected U.S. revisions to a proposed ceasefire deal, stating negotiations cannot progress without sanctions relief and access to frozen assets. T
U.S.-Israel tensions over Iran retaliation threaten energy market stability amid diverging regional strategies. President Trump urged Israeli Prime Minister Netanyahu to limit military responses after Iran launched nearly 30 missiles at Israel, aiming to prevent escalation
Iran cites unresolved nuclear issues and mistrust Iranian officials say a deal with the US is not imminent due to major unresolved issues surrounding Iran's nuclear program and uranium enrichment. The success of any agreement depends on the US changing its behavior
Sam Bankman-Fried, serving 25 years for FTX fraud, formally applied for a pardon, citing no direct White House contact. Sam Bankman-Fried, the disgraced FTX founder, has formally filed for a presidential pardon from Donald Trump. The application, submitted to the Office of
Prices for flights will shoot up again if fuel costs stay high, the chief of British Airways has warned. The airline’s chief executive, Sean Doyle, said there is “no getting away from” the fact that “if fuel goes up, fares have to go up.” Since the Iran war began in Februa
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