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Analysis-The Iran war has revealed Trump's pressure point: the economy

Analysis-The Iran war has revealed Trump's pressure point: the economy

By Matt Spetalnick and David Brunnstrom WASHINGTON, April 18 (Reuters) - Seven weeks of war have failed to topple Iran’s theocratic rulers or force them to meet all of President Donald Trump's demands, but for U.S. adversaries and allies it has cast a spotlight on one of his central vulnerabilities:

Trump, Iran cite progress in talks as uncertainty hangs over Strait

Trump, Iran cite progress in talks as uncertainty hangs over Strait

By Trevor Hunnicutt, Ariba Shahid and Muhammad Al Gebaly WASHINGTON/ISLAMABAD, April 19 - Iran's top negotiator said recent talks with the U.S. had made progress but gaps remained over nuclear issues and the Strait of Hormuz, while President Donald Trump cited "very good conversations" with Tehran

US-Iran Talks Face Setbacks as Strait of Hormuz Blockade Continues

US-Iran Talks Face Setbacks as Strait of Hormuz Blockade Continues

The ongoing negotiations between the United States and Iran have hit a snag as the Iranian military has reimposed a blockade on the Strait of Hormuz. This development comes after a brief period of optimism when Iranian Foreign Minister Abbas Araghchi suggested the strait would be fully open, leading to a temporary drop in crude oil prices. However, the situation quickly deteriorated as the Islamic Revolutionary Guard Corps (IRGC) announced the blockade's reinstatement, citing the continued US blockade of Iranian ports. The IRGC warned that any vessel approaching the strait would be considered an enemy collaborator and targeted. This escalation follows President Trump's insistence that the US blockade will remain until a satisfactory agreement is reached with Iran. The two nations remain divided on key issues, including Iran's uranium enrichment program. The current ceasefire is set to expire in three days, with uncertainty surrounding its extension.

President Trump Maintains U.S. Naval Blockade Despite Strait of Hormuz Reopening

President Trump Maintains U.S. Naval Blockade Despite Strait of Hormuz Reopening

Iran announced the reopening of the Strait of Hormuz for commercial ships, following a temporary ceasefire between Israel and Hezbollah. Despite this development, President Trump has stated that the U.S. naval blockade on Iran will continue. Iranian Foreign Minister Abbas Araghchi confirmed the passage is open, while Trump emphasized that the blockade will remain until a complete transaction with Iran is finalized. The reopening of the strait led to a drop in oil prices and a rally in stock markets. Iran's Foreign Ministry warned of reciprocal actions if the blockade persists.

IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutions

IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutions

By Andrea Shalal, David Lawder and Libby George WASHINGTON, April 19 (Reuters) - Global finance leaders, whipsawed by Middle East war news, came to grips this past week with their inability to mitigate the economic damage from increasingly frequent geopolitical shocks, and a realization that

Oil falls on prospects for talks to end Iran war and revive supply

Oil falls on prospects for talks to end Iran war and revive supply

By Helen Clark PERTH, April 17 (Reuters) - Oil prices fell in early trade on Friday on optimism the Middle East conflict could be nearing an end after a 10-day ceasefire between Lebanon and Israel took effect and President Donald Trump said the U.S. and Iran may meet for talks on the weekend.

Take Five: Warsh, war and worsening conditions?

Take Five: Warsh, war and worsening conditions?

April 17 (Reuters) - Financial markets are in a buoyant mood as U.S. President Donald Trump signals confidence that the war in Iran will end soon, with talks probably on the cards again this weekend.

Traders place $760 million bet on falling oil ahead of Hormuz announcement

Traders place $760 million bet on falling oil ahead of Hormuz announcement

By Amanda Cooper LONDON, April 17 (Reuters) - Investors placed a bet worth about $760 million on a falling oil price around 20 minutes before Iran's foreign minister announced on Friday that the Strait of Hormuz was open, another sizeable wager on the world's most traded commodity ahead of major

Morning Bid: Investors give peace a chance

Morning Bid: Investors give peace a chance

By Anna Szymanski April 17 (Reuters) - Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!

How 50 days of the Iran war led to the loss of $50 billion worth of oil

How 50 days of the Iran war led to the loss of $50 billion worth of oil

By Stephanie Kelly and Ahmad Ghaddar LONDON, April 17 (Reuters) - The world has lost over $50 billion worth of crude oil that has not been produced since the Iran war began nearly 50 days ago and the aftershock of the crisis will be felt for months and even years to come, according to analysts and

Oil Prices Decline Amid Prospects for U.S.-Iran Talks to End Conflict

Oil Prices Decline Amid Prospects for U.S.-Iran Talks to End Conflict

Oil prices have fallen as prospects for talks between the U.S. and Iran to end the ongoing conflict and revive oil supply have emerged. A 10-day ceasefire between Lebanon and Israel has taken effect, and President Trump has indicated that the U.S. and Iran may meet for discussions over the weekend. The conflict has led to the closure of the Strait of Hormuz, disrupting roughly one-fifth of the world's oil supply. The potential for a diplomatic resolution has led to a decrease in oil prices, with Brent crude futures and U.S. West Texas Intermediate crude futures both experiencing declines.

Stocks set for weekly gain, oil below $100 on peace deal hopes

Stocks set for weekly gain, oil below $100 on peace deal hopes

By Ankur Banerjee SINGAPORE, April 17 (Reuters) - Asian stocks were poised for a second week of strong gains and oil prices were pinned below $100 a barrel with investors hopeful for a near-term resolution to the Middle East war.