U.S. and Iranian officials said they had reached an agreement to end their war and reopen the Strait of Hormuz, a preliminary pact that sent oil prices falling but leaves the fate of Tehran’s nuclear program to further negotiations.
Four people were killed while the Kyiv Pechersk Lavra monastery, a symbol of Ukrainian spiritual and cultural history, caught fire, in the heaviest Russian air attack on the Ukrainian capital in two weeks, authorities said on Monday, urging residents to take shelter.
Investors are watching cautiously how quickly Middle Eastern producers can resume oil production and exports following damage from the war and whether more ships will enter the region.
With an agreement on a framework for a peace deal with Iran, U.S. President Donald Trump may have found a way to begin extricating himself from an unpopular war while setting global markets on a path toward easing energy prices that have spiked during the crisis.
Share markets surged in Asia on Monday while the dollar slipped and oil prices slid as news the United States had agreed to a peace deal with Iran boosted risk sentiment and promised to ease inflationary pressures globally.
The U.S.-Iran deal ending months of fighting and reopening the Strait of Hormuz will prompt a collective sigh of relief from energy exporters and importers alike. But the fragile calm may not prevent future flare-ups, casting doubt over how quickly – or fully – tanker traffic through the vital waterway can return to normal.
The number of confirmed Ebola cases in Democratic Republic of Congo has increased to 782 after 72 new cases were documented in 24 hours, one of the biggest single-day jumps during the ongoing outbreak, government data showed on Sunday.
Multiple sources previously told Reuters that the draft deal would reopen the Strait of Hormuz, end the U.S. blockade of Iranian ports, while leaving Iran’s nuclear program to be addressed during a 60-day period of additional talks.
The Pentagon released a third tranche of previously classified files on alleged UFO sightings on Friday, which include reports of glowing, sometimes red, orbs seen by people in the northeastern United States.
While the squad flew to LA, a group of protesters calling for democracy in Iran and denouncing its government rallied near Los Angeles Stadium.