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The Latest Breaking News from Tim Waterer

Iran-US war latest: Trump envoys arrive in Qatar but won’t meet Tehran for talks in another setback for peace process

Jared Kushner and Steve Witkoff will discuss the state of negotiations with mediators

The Independent UK

Oil falls as investors focus on potential Iran-US talks in Doha

Oil prices dipped as markets keenly watched potential U.S.-Iran talks in Doha, following recent missile exchanges that tested a fragile ceasefire. While investors express cautious optimism for de-escalation and a return to normal shipping through the Strait of Hormuz, uncertainty lingers. Middle Eastern producers are actively loading oil and LNG,…

The Economic Times

Brent crude hits lowest since before start of Mideast war as more tankers exit Hormuz

Global oil prices plunged Wednesday, hitting multi-month lows as supply worries eased with tankers clearing the Strait of Hormuz. An interim deal with Iran is unlocking stored crude, potentially boosting sales significantly. While U.S. inventories remain tight, rising fuel stockpiles and a forecast cut by J.P. Morgan also contributed to…

The Economic Times

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Global markets | Australian shares rise modestly as sticky core inflation keeps rate hike bets alive

Australian shares edged higher on Wednesday, a cautious advance following inflation data. While headline inflation eased, core inflation ticked up, keeping the door open for potential interest rate hikes. Technology stocks saw a significant rebound, with bargain hunters stepping in. Financial and health sectors also provided support, though mining and…

The Economic Times

Oil gains after selloff, awaits progress on Strait of Hormuz flows

Oil prices saw a slight rebound Tuesday, recovering from Monday's sharp decline. This uptick follows tempered optimism surrounding U.S.-Iran peace talks and a potential easing of tensions in the Strait of Hormuz. Investors are cautiously awaiting concrete signs of restored crude flow through the vital waterway, with market skepticism remaining…

The Economic Times

Oil steadies as uncertainty over US-Iran talks keeps markets on edge

Oil prices held steady Tuesday amid uncertainty surrounding U.S.-Iran ceasefire talks and the potential reopening of the Strait of Hormuz. Brent crude futures edged up, while WTI saw a slight dip. Market analysts emphasize that ongoing negotiations and Iran's threats regarding the Strait will dictate oil price volatility.

The Economic Times

Why is the price of gold hitting record highs?

The price of gold has soared as investors seek out safe havens amid heightened economic uncertainty.

Al Jazeera

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Australian shares rebound again to close up slightly

The local share market was down as much as 0.65 per cent in early trading but just as it did on Friday, staged an afternoon comeback to close slightly higher.

AAP

Aussie shares on track for third straight day of losses

The Australian share market has dropped 0.46 per cent ahead of the US Federal Reserve meeting and following hotter-than-expected Canadian inflation data.

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Alisha Rahaman Sarkar

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