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US service sector cools in March; price paid measure highest in 3-1/2 years

US service sector cools in March; price paid measure highest in 3-1/2 years

WASHINGTON, April 6 (Reuters) - U.S. services sector growth slowed in March, while prices paid by businesses for inputs climbed to near a 3-1/2-year high, an early sign that the prolonged war with Iran was boosting inflation pressures.
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Iran defiant on eve of Trump's ceasefire deadline

Iran defiant on eve of Trump's ceasefire deadline

DUBAI/WASHINGTON, April 7 (Reuters) - Iran and Israel traded attacks on Tuesday as Tehran defiantly refused to reopen the Strait of Hormuz and accept a ceasefire deal on the eve of a deadline set by U.S. President Donald Trump to agree to his demands or get "taken out."
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UN expected to vote on watered-down Hormuz resolution on Tuesday

UN expected to vote on watered-down Hormuz resolution on Tuesday

By David Brunnstrom and John Irish April 6 (Reuters) - The U.N. Security Council is expected to vote on Tuesday on a resolution to protect commercial shipping in the Strait of Hormuz, but in significantly watered-down form after veto-wielding China opposed authorizing force, diplomats said.
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US stocks and oil prices flip-flop ahead of Trump's deadline to bomb Iranian power plants

US stocks and oil prices flip-flop ahead of Trump's deadline to bomb Iranian power plants

The U.S. stock market is making only hesitant moves, while oil prices are flip-flopping
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President Trump Considers Military Action as Israel Prepares for Potential Strikes on Iran

President Trump Considers Military Action as Israel Prepares for Potential Strikes on Iran

President Trump has expressed skepticism about reaching a deal with Iran, as Israel prepares for potential military action against Iranian energy and infrastructure sites. According to Israeli officials, Israel has updated its list of targets and is awaiting a decision from President Trump on whether to proceed with strikes. The situation arises amid ongoing U.S.-Iran negotiations, with Trump warning that Iran could face severe military action if no agreement is reached. The President has emphasized that any deal must ensure the free flow of oil through the Strait of Hormuz, a critical global shipping route. Meanwhile, Iranian officials have dismissed Trump's threats as baseless, and diplomatic efforts continue through regional mediators.
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Middle East war means 'all roads' lead to higher prices, slower growth, IMF chief says

Middle East war means 'all roads' lead to higher prices, slower growth, IMF chief says

By Andrea Shalal WASHINGTON, April 6 (Reuters) - The war in the Middle East will lead to higher inflation and slower global growth, the head of the International Monetary Fund told Reuters on Monday, ahead of a fresh forecast for the world economy planned by the global lender for next week.
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Trump, on Easter, threatens 'hell' on Iran's infrastructure if Strait remains blocked

Trump, on Easter, threatens 'hell' on Iran's infrastructure if Strait remains blocked

By Bo Erickson and Susan Heavey WASHINGTON, April 5 (Reuters) - U.S. President Donald Trump said in an expletive-laden social media post on Sunday that the United States will target Iran's power plants and bridges on Tuesday if the Strait of Hormuz is not reopened. 
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The Latest: Trump warns a ‘whole civilization will die tonight’ but says Iran could still capitulate

The Latest: Trump warns a ‘whole civilization will die tonight’ but says Iran could still capitulate

President Donald Trump has warned that a “whole civilization will die tonight” but said Iran still has time to capitulate ahead of a deadline set for 8 p.m. in Washington
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Mediators Urge Iran to Accept Ceasefire Amid U.S. Escalation Threats

Mediators Urge Iran to Accept Ceasefire Amid U.S. Escalation Threats

International mediators are intensifying diplomatic efforts to persuade Iran to agree to a 45-day ceasefire amid escalating tensions with the United States and its allies. The negotiations are occurring against a backdrop of heightened rhetoric from Washington and the potential for significant regional conflict. President Trump has extended a previously set deadline for reaching an agreement with Iran by 20 hours, now set for Tuesday at 8:00 PM Eastern Time. The discussions involve a two-stage agreement, with the first stage being a 45-day ceasefire that could be extended if necessary. The second stage aims to formalize a permanent end to the conflict. Key issues include the reopening of the Strait of Hormuz and the management of Iran's enriched uranium stockpiles. Mediators from Pakistan, Egypt, and Turkey are involved, with direct communication between U.S. and Iranian officials.
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Trump, Israel pressure Iran ahead of deadline as search continues for missing US airman

Trump, Israel pressure Iran ahead of deadline as search continues for missing US airman

By Enas Alashray and Phil Stewart CAIRO/WASHINGTON, April 5 (Reuters) - U.S.
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Satellite firm Planet Labs to indefinitely withhold Iran war images

Satellite firm Planet Labs to indefinitely withhold Iran war images

By Ismail Shakil WASHINGTON, April 4 (Reuters) - Satellite imaging firm Planet Labs said on Saturday it will indefinitely withhold visuals of Iran and the region of conflict in the Middle East to comply with a request from the U.S. government.
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Iran calls on public to find 'enemy pilot' as US continues frantic search

Iran calls on public to find 'enemy pilot' as US continues frantic search

The U.S. military is searching for a missing service member over a remote area in southwestern Iran