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Oil jumps 8% to above $100 ahead of US blockade on Strait of Hormuz

Oil jumps 8% to above $100 ahead of US blockade on Strait of Hormuz

By Florence Tan SINGAPORE, April 13 (Reuters) - Oil prices jumped above $100 a barrel on Monday as the U.S. Navy prepared a blockade of the Strait of Hormuz that could restrict Iranian oil shipments after the U.S. and Iran https://www.reuters.com/world/iran/ failed to reach a deal to end the war.

Dollar jumps as failed US/Iran peace talks spark fresh safe-haven push

Dollar jumps as failed US/Iran peace talks spark fresh safe-haven push

By Amanda Cooper LONDON, April 12 (Reuters) - The dollar jumped against other major currencies in thin trading late on Sunday, as investors sought the relative safety of the U.S. currency after marathon talks between Washington and Tehran failed to yield a peace deal, plunging markets into a seventh

Oil tankers steer clear of Hormuz ahead of US blockade

Oil tankers steer clear of Hormuz ahead of US blockade

By Florence Tan SINGAPORE, April 13 (Reuters) - Oil tankers are steering clear of the Strait of Hormuz ahead of a U.S. blockade later on Monday following failed peace talks between the U.S. and Iran over the weekend, shipping data showed.

Dollar jumps as failed US-Iran peace talks spark safe-haven push

Dollar jumps as failed US-Iran peace talks spark safe-haven push

By Amanda Cooper LONDON, April 12 (Reuters) - The dollar jumped against other major currencies in early Asia trading on Monday, as investors sought its relative safety after marathon talks between Washington and Tehran failed to yield a peace deal, plunging markets into a seventh week of uncertainty

US blockade of Iran will be major military endeavor, experts say

US blockade of Iran will be major military endeavor, experts say

By Phil Stewart WASHINGTON, April 12 (Reuters) - A U.S. naval blockade of Iran is a major, open-ended military endeavor that could trigger fresh retaliation from Tehran and put tremendous strain on an already fragile ceasefire, experts say.

U.S.-Iran Peace Talks Collapse, Strait of Hormuz Blockade Announced

U.S.-Iran Peace Talks Collapse, Strait of Hormuz Blockade Announced

Negotiations between the United States and Iran ended without a deal after 21 hours of talks in Islamabad. Vice President JD Vance stated that Iran refused to accept U.S. terms to not develop a nuclear weapon. The talks were aimed at advancing a ceasefire threatened by disagreements and ongoing Israeli attacks against Hezbollah in Lebanon. President Trump announced a blockade of the Strait of Hormuz, a critical waterway for global oil supplies, to exert strategic control and counter Iran's economic leverage. The European Union urged continued diplomatic efforts despite the failure of the talks.

U.S.-Iran Ceasefire Talks End Without Agreement, Trump Orders Strait of Hormuz Blockade

U.S.-Iran Ceasefire Talks End Without Agreement, Trump Orders Strait of Hormuz Blockade

The United States and Iran ended face-to-face talks in Islamabad without reaching an agreement. President Trump announced a blockade of the Strait of Hormuz, aiming to exert strategic control over the waterway responsible for 20% of global oil supplies. The talks, led by Vice President JD Vance, failed due to Iran's refusal to abandon its nuclear ambitions. The status of the two-week ceasefire is uncertain, with both sides blaming each other for the breakdown. Pakistani mediators urged continued dialogue, while the European Union called for further diplomatic efforts.

President Trump Announces US Efforts to Clear Strait of Hormuz Amid Iranian Threats

President Trump Announces US Efforts to Clear Strait of Hormuz Amid Iranian Threats

President Trump has announced that the United States is initiating efforts to clear underwater mines from the Strait of Hormuz. This move comes as part of a broader strategy to ensure safe passage for international shipping, following threats from Iran to attack unauthorized ships in the strait. The US Navy has reportedly sent guided-missile destroyers through the strait as part of a 'freedom-of-navigation mission.' Despite Iranian media claims that US ships turned back after receiving threats, US officials have denied such reports. The situation unfolds as US-Iran ceasefire negotiations are underway in Pakistan.

Stocks shaky as Israeli attacks on Lebanon tests Iran ceasefire

Stocks shaky as Israeli attacks on Lebanon tests Iran ceasefire

By Gregor Stuart Hunter SINGAPORE, April 10 (Reuters) - Asian stocks ticked up early on Friday but gains were capped as traders questioned the durability of this week's U.S.-Iran ceasefire and remained wary of fragile hopes for Israel-Lebanon peace talks.

Dollar set for weekly drop ahead of US-Iran peace talks

Dollar set for weekly drop ahead of US-Iran peace talks

By Tom Westbrook SINGAPORE, April 10 (Reuters) - The dollar on Friday was heading for its largest weekly drop since January as other currencies gained on optimism that a ceasefire in the Gulf will hold and oil shipping will resume.

Take Five: Eyes on Islamabad

Take Five: Eyes on Islamabad

April 10 (Reuters) - It's all about the Iran war once again, with weekend ceasefire talks being the main event, but the coming days will also give early indications of the fallout for big companies and the world's second largest economy, China.

Polls in Hungary and Peru next in key election year for world markets

Polls in Hungary and Peru next in key election year for world markets

By Libby George and Dhara Ranasinghe LONDON, April 10 (Reuters) - Voters in Hungary could deliver a boon to bond investors, while Peru's weekend polls will help determine the next step for its economy, the latest in a string of key elections worldwide this year.