Asian shares jump after US and Iran sign initial deal on ending the war
Electronic boards show Japan’s benchmark Nikkei 225 index in Tokyo Thursday, June 18, 2026. (Kyodo News via AP)
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Electronic boards show Japan’s benchmark Nikkei 225 index in Tokyo Thursday, June 18, 2026. (Kyodo News via AP)
US President Donald Trump’s interim deal with Iran has drawn a backlash from fellow Republicans, who argue the agreement wastes billions of dollars of taxpayer money and does little to restrict Tehran’s nuclear programme.
Iranian officials have portrayed the newly signed memorandum of understanding with the US as a diplomatic victory achieved through strength and as evidence that Washington failed to achieve any of its objectives militarily.
Iranian officials have portrayed the newly signed memorandum of understanding with the US as a diplomatic victory secured through strength and as evidence that Washington failed to achieve any of its military objectives.
The emerging US-Iran Memorandum of Understanding may reduce the immediate danger of a wider regional war. Israel has every interest in serious diplomacy, especially diplomacy that prevents Iran from advancing toward nuclear weapons and keeps the region from sliding into another catastrophic front.
The leaders of the US and Iran have signed an initial peace deal aiming to end the war, allowing it to immediately take effect.
Nature, it is said, abhors a vacuum. So, too, do the markets. When the US and Israel attacked Iran on February 28, the subsequent closure of the Strait of Hormuz proved to be one of the most destabilising events to hit the worldwide economy in recent decades. It also accelerated an evolution in globalisation as work…
European Commission President Ursula von der Leyen speaks during a media conference at the G7 summit in Evian-les-Bains, France, Monday, June 15, 2026. (AP Photo/Vadim Ghirda)
Topic:Unrest, Conflict and War
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Residents who have built lives and businesses in the UAE over the past decades are confident the nation will continue to prosper in spite of the challenges posed by the Iran war.
Spruiking his Iran deal at the G7 in France, Donald Trump said he did not want to be regarded like Herbert Hoover, the US president he blamed for causing the Great Depression.
Oil prices declined Thursday after President Donald Trump reportedly signed a deal with his Iranian counterpart Masoud Pezeshkian to end the war in the Middle East, while the International Energy Agency flagged a supply glut next year.
US President Donald Trump defenced his decision to reach an agreement to end the war on Iran, indicating he wants to avoid an "economic catastrophe".
US President Donald Trump on Wednesday told a roomful of global leaders "I'm the boss," as he and other G7 heads acknowledged Ukraine's improved battlefield fortunes with a unified pledge of support and fresh sanctions against Russia.
Israeli Prime Minister Benjamin Netanyahu's hopes of clinging to power in an election this autumn have long been shaky, but the interim US deal with Iran has added yet another complication.
CAIRO (AP) — The interim deal reached by the US and Iran to end their war will reopen the Strait of Hormuz and bring the two adversaries back to the negotiating table over Tehran’s nuclear program. It will also give Iran an immediate benefit, allowing it to sell its oil freely again, according to a text of the accor…
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US forces employed Elon Musk’s Grok AI to strike over 2,000 targets in 96 hours during the joint US-Israel war on Iran, according to a written declaration from the US Department of Defense’s digital and artificial intelligence chief, Cameron Stanley.
The US president also said Tokyo was not willing to get involved during the Iran war
The US president also said Tokyo was not willing to get involved during the Iran war
It was fight night on the White House lawn. Beneath a great steel canopy nicknamed “the Claw,” Justin Gaethje did a backflip off the caged ring in the center of the South Lawn after winning the Ultimate Fighting Championship title card. In the audience, the president, newly 80, had just announced that the Iran war w…
French President Emmanuel Macron posted on X a video of US President Donald Trump signing the Memorandum of Understanding with Iran at Versailles.
President Trump’s agreement with Iran opened new fissures in his party on Wednesday, with Republicans on Capitol Hill and beyond questioning whether his administration had secured adequate concessions from Iranian leaders after months of a costly and unpopular war.
Seoul stocks opened at a fresh record high Thursday, despite overnight losses on Wall Street caused by the US Federal Reserve's signal of a rate hike this year and uncertainty over a US-Iran peace deal.
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U.S. President Donald Trump and his team had several red lines that they used to justify the U.S. war against Iran. At a press conference on Wednesday, Trump largely brushed them aside.
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Flights from Ben-Gurion Airport Terminal One are expected to reopen on June 28 ahead of the school holidays.
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SEOUL, June 18 (Yonhap) -- Seoul stocks opened at a fresh record high Thursday, despite overnight losses on Wall Street caused by the U.S. Federal Reserve's signal of a rate hike this year and uncertainty over a U.S.-Iran peace deal.
Pakistani Prime Minister Shehbaz Sharif says the US-Iran Memorandum of Understanding will "enter into force with immediate effect".
Defense chief to propose target year for wartime OPCON transfer to S. Korean, U.S. presidents at year-end
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WASHINGTON, D.C. — US President Donald Trump and Iran's president signed a deal Wednesday meant to end the Middle East war, with Tehran agreeing to dilute its enriched uranium in return for large-scale economic relief.
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US President Donald Trump and Iran's president signed a deal Wednesday meant to end the Middle East war, with Tehran agreeing to dilute its enriched uranium in return for large-scale economic relief.
EVIAN-LES-BAINS, France – U.S. President Donald Trump on Wednesday told a roomful of global leaders “I’m the boss,” as he and other G7 heads acknowledged Ukraine’s improved battlefield fortunes with a unified pledge of support and fresh sanctions against Russia.
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Iran’s Ministry of Foreign Affairs spokesperson, Esmaeil Baghaei, has announced that a memorandum of understanding with the United States has been finalised and signed electronically by both sides.
Industry insiders and vessel-tracking data point to continued caution among operators despite geopolitical breakthrough
Industry insiders and vessel-tracking data point to continued caution among operators despite geopolitical breakthrough
Iran's Foreign Ministry spokesman Esmaeil Baghaei said early on Thursday that talks between Iran and the United States on Friday in Switzerland are not confirmed for now.
The US-Iran memorandum of understanding announced on Wednesday amounts to a reopening of the Strait of Hormuz, and a deal to try to reach a final agreement on almost everything else.
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The 14-point document was released following days of outcry over Trump administration’s lack of transparency regarding its details
The 14-point document was released following days of outcry over Trump administration’s lack of transparency regarding its details
The shuttered Strait of Hormuz is expected to reopen within days, though conflicting reports suggest the US-Iran memorandum of understanding could be formally signed as early as today, Thursday, or Friday. Either way, the interim peace deal appears likely to be signed within the next 48 hours, setting the stage for …