The clock is ticking on the Iran peace deal. A memorandum of understanding between Iran and the US is due to be signed in Geneva on June 19, allowing for a 60-day ceasefire extension and the opening of the strategically vital waterway, the Strait of Hormuz. But key questions remain unresolved that could yet scupper […]
Brent crude futures dove below $80 and are down more than a third from recent peaks following reports that the U.S. will waive sanctions on Iranian oil, under a deal to end the war. The prospect of extra supply added to optimism about the resumption of Middle East exports and helped push yields on U.S. […]
The June 15 brief defends the gas turbines used by a giant data center belonging to the trillionaire’s company xAI, which are the target of an environmental lawsuit. In the brief, the US Department of Justice argued that the lawsuit “threatens American national, economic, and energy security by seeking to shut off the power supply […]
The US and Iran stepped back from the brink of returning to all-out war on June 11. Hours after saying the US military would carry out strikes against Iran for a third consecutive night, Donald Trump postponed the attack. The Iranian military had said the US would “receive a more severe response than before” if […]
