Oil Prices Plunge as Iran Deal Prospects Ease Supply Concerns
Oil futures extended declines Tuesday, hitting a three-month low as a potential U.S.-Iran deal signaled the reopening of the critical Strait of Hormuz, easing global supply fears.
Oil futures extended declines Tuesday, hitting a three-month low as a potential U.S.-Iran deal signaled the reopening of the critical Strait of Hormuz, easing global supply fears.

UK inflation remained at 2.8% in May, defying expectations of a rise, as a US-Iran peace deal eased oil price fears. Despite...

The OCC has approved Santander's $12.2 billion acquisition of Webster Bank, a key regulatory step. The deal awaits Federal Reserve and ECB...

The Bank of England's Monetary Policy Committee is widely anticipated to keep interest rates at 3.75%, influenced by easing Mideast tensions and...

Visa and OpenAI have integrated Visa's secure global payment system directly into ChatGPT, marking a significant step toward AI-driven consumer shopping. This...

Hartlepool Baby Bank reports a tenfold increase in families needing support, with working parents increasingly struggling due to rising childcare costs.

A US-Iran deal to reopen the Strait of Hormuz offers hope, but mines, high insurance, and geopolitical risks mean pre-war shipping normalcy...

Biogen Inc. announced an agreement to acquire private biotech RayThera Inc. for up to $1 billion, significantly expanding its immunology portfolio with...

Smith & Wesson expects mid-single digit revenue growth in FY 2027 and plans ~$20M in incremental Springfield capex, following strong Q4 and...

The Estée Lauder Companies and Jo Malone London introduced Scent Scanner, an exclusive Pinterest experience translating visual preferences into fragrance recommendations, launching...

Norsk Hydro will close two U.S. aluminum extrusion plants in California and Louisiana next year, affecting ~350 jobs. Low capacity utilization and...
EVIO has officially opened its new Dorval, Québec office, bringing together key functions to advance its hybrid-electric regional aircraft program. The facility houses over 35 employees and is backed by...

French President Emmanuel Macron's "royal treatment" for Donald Trump at Versailles aims to secure cooperation on geopolitics, but Europe's AI vulnerability to...

Canadian PM Mark Carney concluded the G7 without a formal U.S. bilateral, dismissing snub claims despite looming trade uncertainty. He cited numerous...

Keir Starmer announced £1.3 billion in UK energy and AI investments at the G7 summit, aiming to project stability amid a potential...

At the G7 summit in Evian, France, US President Donald Trump suggested the US could swiftly reimpose sanctions on Russian oil, contingent...

Surging Chinese exports, redirected from US tariffs, threaten to devastate Europe's economy, prompting urgent G7 discussions on potential protectionist measures. French President...

China's mBridge, backed by five central banks, prepares for commercial launch, offering digital currency-focused cross-border payments at half Swift's cost.

Illinois Gov. JB Pritzker signed a law imposing a 0.2% tax on digital asset services, drawing sharp criticism from industry groups who...

Coinbase has introduced an SEC-registered AI investment adviser for Coinbase One members and a new Developer Platform, alongside a suite of expanded...

Paris Hilton returned to Provo Canyon School in Utah, alleging past abuse and supporting two new lawsuits detailing severe mistreatment claims against...

Vietnamese shares saw their largest daily foreign inflow in nearly six years, with $160.4 million bought, as easing Middle East tensions rekindle...
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