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Pakistan says US and Iran close to 'some sort' of deal despite attacks on shipping

Pakistan says US and Iran close to 'some sort' of deal despite attacks on shipping

By Tala Ramadan and Elwely Elwelly DUBAI, Aug 11 (Reuters) - Pakistan said on Tuesday the United States and Iran were close to "some sort" of deal, and fellow mediator Qatar said talks on managing the Strait of Hormuz were at an advanced stage, despite reports of new attacks on shipping in regional

Iranian-backed Houthis kill 6 in attack on vessel, and other developments in the Mideast

Iranian-backed Houthis kill 6 in attack on vessel, and other developments in the Mideast

Authorities in Yemen say at least six people were killed when Iran-backed Houthi rebels fired missiles on a vessel in the Bab el-Mandeb strait

Today in history, August 29

Today in history, August 29

Today in history, August 29

Oil prices hold near one-week high as Hormuz talks advance

Oil prices hold near one-week high as Hormuz talks advance

By Scott DiSavino Aug 11 (Reuters) - Oil prices held near a one-week high on Tuesday as the market assessed signs of progress in talks between Oman and Iran over shipping through the Strait of Hormuz while disruption to Middle Eastern and Russian energy flows continued.

China missile test deepens Pacific divide over growing militarisation

China missile test deepens Pacific divide over growing militarisation

(Corrects dateline to Aug 11) By Lucy Craymer SUVA, Fiji, Aug 11 (Reuters) - China's test of a nuclear-capable missile last month has exposed the limits of Pacific leaders' ambition to make the region an "Ocean of Peace", free from the crossfire of major-power rivalry.

Oil rises 4% as Iran, US both demand compensation and Hormuz hopes fade

Oil rises 4% as Iran, US both demand compensation and Hormuz hopes fade

By Arathy Somasekhar HOUSTON, Aug 10 (Reuters) - Oil prices jumped over 4% on Monday after Iran and the United States traded demands for compensation, dimming prospects for a deal to reopen the Strait of Hormuz.

Oil edges higher as Iran tempers hopes of swift Hormuz reopening

Oil edges higher as Iran tempers hopes of swift Hormuz reopening

By Stephanie Kelly LONDON, Aug 10 (Reuters) - Oil prices edged higher on Monday on optimism over talks to reopen the Strait of Hormuz, though gains were capped by Iran's insistence that the United States must satisfy several demands before the waterway can reopen.

Wall St set for higher open as investors weigh fresh US-Iran peace deal reports

Wall St set for higher open as investors weigh fresh US-Iran peace deal reports

By Avinash P and Purvi Agarwal Aug 11 (Reuters) - Wall Street's main indexes were poised to open higher on Tuesday as investors welcomed a report suggesting the United States and Iran were close to "some sort of an arrangement" to end six months of conflict.

S&P 500 muted as industrials counter tech drag; US-Iran peace prospects rise

S&P 500 muted as industrials counter tech drag; US-Iran peace prospects rise

By Avinash P and Purvi Agarwal Aug 11 (Reuters) - The S&P 500 and Nasdaq slipped in choppy trading on Tuesday, weighed down by heavyweight tech stocks, as investors assessed a report suggesting the United States and Iran were close to "some sort of an arrangement".

Iran says Oman deal is in 'final stages' but US must act to open Hormuz

Iran says Oman deal is in 'final stages' but US must act to open Hormuz

By Nayera Abdallah, Steve Holland and Enas Alashray DUBAI/WASHINGTON/CAIRO Aug 9 (Reuters) - Iran said on Sunday that a deal with Oman defining new shipping lanes in the Strait of Hormuz was in its final stages but reiterated that the strait would only reopen once the United States met other

Pakistan says new defense pact with Saudi and Turkey is 'purely defensive' and open to others

Pakistan says new defense pact with Saudi and Turkey is 'purely defensive' and open to others

Pakistan's foreign minister says a new defense agreement his country signed with Saudi Arabia and Turkey is not directed against any country