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The Bank of England held U.K. interest rates at 3.75% on Thursday, as policymakers continue to balance the need to address above-target inflation with lackluster economic output.
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The US defence secretary, Pete Hegseth, has been speaking in Brussels after meeting with Nato defence ministers there.
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President Donald Trump signed an agreement with Iran on Wednesday that calls for Tehran to dilute its stockpile of highly enriched uranium and waives U.S.-backed sanctions on the country, immediately allowing Iran to sell its oil freely in a major concession from Washington, according to details released by both cou…
By Tsvetana Paraskova of OilPrice.com
The Israeli military said on Thursday that its forces were operating in what it described as a security zone extending about 10 km into southern Lebanon, despite a provision in the interim US-Iran agreement calling for an immediate halt to military operations in Lebanon.
Hassan Khomeini, grandson of the founder of the Islamic regime, Ruhollah Mostafavi Musavi Khomeini, hailed the Memorandum of Understanding (MoU) as a major “victory” for Tehran, promising that the “greater jihad” would now begin, according to a speech aired by state media earlier this week.
President Donald Trump's signing of the US-Iran memorandum of understanding at the Palace of Versailles in France was “history in the making”, the French Minister of the Economy said on Thursday, revealing details of how it unfolded.
The defence secretary accused Nato of putting gender equity, climate change and austerity ahead of security spending
The defence secretary accused Nato of putting gender equity, climate change and austerity ahead of security spending
Washington: US President Donald Trump has signed a preliminary deal to end the war in Iran, but the world may suffer high petrol prices and shortages of fertiliser and other crucial cargo for months to come.
The Swiss National Bank said on Thursday it is ready to intervene in foreign exchange markets if a rebound in demand for the safe-haven franc drives the currency higher.
U.S. President Donald Trump's interim agreement with Iran to bring an end to the Middle East conflict appears to have strengthened Tehran's hand, prompting a wave of skepticism and scrutiny in Washington.
Defense Secretary Pete Hegseth announced a Pentagon-led review of American forces in Europe on Thursday, and criticized some NATO allies over defense spending and reluctance to participate in the Iran war.
Recent inflation in the Philippines is driven largely by high fuel prices brought on by the Iran war. (Photo by Ken Kobayashi)
Three supertankers sailing under the flag of Saudi Arabia and carrying six million barrels of crude oil onboard sailed through the Strait of Hormuz hours after the US and Iran signed their ceasefire deal, according to ship tracking data.
A leaked version of the agreement shows the US is in a weaker position than before the war
Israel witnessed a large demonstration on 17 June as thousands of ultra-Orthodox Jews gathered outside Prison 10 at the Beit Lid military base near Netanya. Protesters opposed mandatory military enlistment and demanded the release of men detained for refusing to serve. The rally comes as Israel faces growing militar…
The Middle East and wider region have positive expectations regarding the new agreement between the US and Iran. As this develops, it is clear that many countries and companies will now be seeking to take advantage of the potential reduction in conflict to secure new trade deals.
As the US and Iran sign a Memorandum of Understanding intended to pave the way for a broader agreement, there is a lot of commentary about the emerging deal.
Demand for commercial divers who clean ship hulls has surged as vessels stranded in the Persian Gulf prepare to leave following a tentative US-Iran peace agreement reopening the Strait of Hormuz, according to Bloomberg.
SEOUL, June 18 (Yonhap) -- South Korea has not formally received any request from the United States or other parties regarding participation in a proposed post-war reconstruction fund for Iran, sources familiar with the matter said Thursday.
French President Emmanuel Macron hosted the ceremony shortly after the G7 summit, underlining France's role in encouraging dialogue between the parties. The agreement takes immediate effect and launches a 60-day negotiation process, with a formal follow-up ceremony scheduled in Switzerland on 19 June. Officials said…
Iran and the United States have signed the preliminary agreement aimed at ending hostilities between the two countries, initially announced Sunday.
Ghalibaf says talks delivered more results than war
Sweden has passed a new migration law that will allow residence permits to be refused or revoked if foreign nationals are deemed not to have lived in an orderly manner, marking another major tightening of the country’s immigration system.
In today's episode of Trending Middle East, the US and Iran formally sign an interim agreement aimed at ending the war and reopening the Strait of Hormuz. The deal includes sanctions relief, a $300 billion reconstruction fund and a commitment by Tehran not to pursue nuclear weapons, while negotiations on a broader s…
SEOUL, June 18 (Yonhap) -- South Korea's benchmark Korea Composite Stock Price Index (KOSPI) surged past 9,000 points for the first time ever Thursday, buoyed by a technology rally driven by artificial intelligence (AI) and led by Samsung Electronics Co. and SK hynix.
Stock markets in Japan and South Korea closed at record highs on June 18, buoyed by the signing of a deal to end the war in Iran and AI-fueled optimism. (Nikkei montage)
Recent inflation in the Philippines is driven largely by high fuel prices brought on by the Iran war. (Photo by Ken Kobayashi)
Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts i…
Initial discussions between the US and Iran are planned at the Buergenstock mountaintop resort in Switzerland on Friday, the Swiss government said on Thursday.
Authored by Michael Kern via OilPrice.com,
With the official signing of a memorandum of understanding between the US and Iran to suspend hostilities across all fronts taking place in France on Wednesday, all eyes are on whether this deal can hold.
SEOUL, June 18 (Yonhap) -- Seoul stocks surged by more than 2 percent past another historic landmark, surpassing the 9,000-point level for the first time in history, as investors bet on chipmakers in the face of a hawkish stance by the Federal Reserve and Iran uncertainty.
Italian Prime Minister Giorgia Meloni on Wednesday urged Israel to be a "positive player" for peace in the Middle East, following a deal between Iran and the US.
El vicepresidente de Estados Unidos, JD Vance, habla en Bethpage, Nueva York, el miércoles 17 de junio de 2026. (AP Foto/Matt Rourke)
Pakistan’s Prime Minister Shehbaz Sharif seems to have deleted a post on X announcing the US-Iran Memorandum of Understanding, with a reuploaded version omitting any reference to an upcoming official signing ceremony.
IndiGo is scheduled to fly 56,652 domestic flights in June, a 5% drop from March, according to aviation analytics company Cirium. (Photo by Ken Kobayashi)
Varias pantallas muestran la cotización del índice bursátil Nikkei 225 en Tokio, el jueves 18 de junio de 2026. (Kyodo News via AP)
The US and Iran have signed an interim peace agreement aimed at ending their latest war and setting out a 60-day framework for a broader settlement, in a deal that immediately halts hostilities and opens the Strait of Hormuz to shipping.
JERUSALEM – Israeli Prime Minister Benjamin Netanyahu’s hopes of clinging to power in an election this autumn have long been shaky, but the interim U.S. deal with Iran has added yet another complication.
Political coverage and commentary takes up most of the front pages. The BBC, along with other broadcasters, is not allowed to report details of campaigning while the polls are open.
Vice President JD Vance speaks in Bethpage, N.Y., Wednesday, June 17, 2026. (AP Photo/Matt Rourke)
“I don’t care about the midterms!” US President Donald Trump thundered late last month. Yet he must start repairing the enormous damage he is doing to his administration and the Republican Party. Otherwise, the usual midterm setback in the US Congress may become a historic wipeout.
Defense chief to propose target year for wartime OPCON transfer to S. Korean, U.S. presidents at year-end
White House Chief of Staff Susie Wiles says that while the next 60 days will "present challenges", the agreement between the US and Iran was a "great step forward".
After a turbulent week in the Middle East, the latest episode of The Deep Dive tackles the news that the United States and Iran are preparing to sign an agreement: one that Prime Minister Benjamin Netanyahu says leaves Israel out entirely. To make sense of the moment, Shifra Jacobs is joined by Yasmin Sayeh, an Iran…
Electronic boards show Japan’s benchmark Nikkei 225 index in Tokyo Thursday, June 18, 2026. (Kyodo News via AP)