Oil touches prewar levels on rising Middle East supply Business

Oil touches prewar levels on rising Middle East supply

Side ENGALURU: Oil prices fell on Thursday to their lowest levels since before the outbreak of the Iran conflict, as improving supply conditions in the Middle East eased market concerns. Brent crude futures for August delivery declined $1.28, or 1.74 per cent, to $72.46 a barrel by 0845 GMT. US West Texas Intermediate crude fell […]

Trump’s US-Iran ceasefire deal is a costly return to prewar conditions – and resolving nuclear questions will run into the ‘indivisibility problem’ International

Trump’s US-Iran ceasefire deal is a costly return to prewar conditions – and resolving nuclear questions will run into the ‘indivisibility problem’

Shehbaz Sharif, the prime minister of Pakistan, which served as the key negotiator between the U.S. and Iran, announced on June 14, 2026, that the two sides had agreed on a deal to end the war. It will be officially signed on June 19 in Switzerland. President Donald Trump announced it on Truth Social as […]