HD Hyundai backs partners with materials, funding amid war risks
HD Hyundai said Wednesday it will supply key shipbuilding materials to small and medium-sized partner companies to help ease production disruptions stemming from the US-Iran conflict.
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HD Hyundai said Wednesday it will supply key shipbuilding materials to small and medium-sized partner companies to help ease production disruptions stemming from the US-Iran conflict.
SEOUL, April 8 (Yonhap) -- South Korea on Wednesday welcomed a two-week ceasefire proposal by the United States and Iran, voicing hope for the safe passage of vessels through the Strait of Hormuz, a critical energy shipping route.
A senior Israeli official said Tel Aviv coordinated with Washington before the announcement of a two-week truce with Iran, according to The Times of Israel.
LONDON — European stocks are expected to open sharply higher on Wednesday after the U.S. and Iran agreed to a conditional ceasefire deal.
Malaysian Prime Minister Anwar Ibrahim welcomed the ceasefire and called for lasting peace in the Middle East
Malaysian Prime Minister Anwar Ibrahim welcomed the ceasefire and called for lasting peace in the Middle East
India's key policy rate sits at a near four-year low, as the U.S.-Iran war and rising energy prices cast uncertainty over the country's economy. © Reuters
US president abandons his ultimatum for Iran to surrender with last-minute intervention led by Pakistan
In the hours before the two-week ceasefire between Iran and the US was announced, there were some small signs of hope from Pakistan.
India's central bank on Wednesday held benchmark interest rates at 5.25% as strong growth allows it room to keep policy tight at a time when the Iran war has raised inflation risk.
Japan's benchmark Nikkei Stock Average surges after the announcement of a two-week ceasefire between the U.S. and Iran. (Photo by Hazumu Urushiyama)
Washington, DC – Politicians in the United States have largely welcomed the truce between the US and Iran, with some of President Donald Trump’s Republican allies voicing scepticism about a possible deal, as Democrats renewed calls for accountability.
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Chris Bowen says Australians should ‘not get ahead of ourselves’ by expecting prices to fall
The United States and Iran have agreed to a two-week ceasefire with talks to finalise a peace deal set to begin in Pakistan’s Islamabad on Friday.
Iran’s Foreign Minister Abbas Araghchi on Wednesday said that Tehran would halt its military operations if attacks against the country stop.
President Donald Trump said late Tuesday he’s pulling back on his threats to launch devastating strikes on Iran (AP Production: Marissa Duhaney)
President Donald Trump speaks with reporters during the White House Easter Egg Roll on the South Lawn of the White House, Monday, April 6, 2026, in Washington. (AP Photo/Julia Demaree Nikhinson)
U.S. President Donald Trump pulled back on his threats to launch devastating strikes on Iran late Tuesday, swerving to deescalate the war less than two hours before the deadline he set for Tehran to capitulate or else a “whole civilization will die.”
Iran’s Fars news agency has reported additional details of Tehran’s proposed 10-point plan set to form the basis of talks with the United States in Islamabad.
How much fuel does Australia have left today, and when could we run out? Check how much petrol and diesel prices have risen near you in Sydney, Melbourne and across the country since the US and Israel’s war on Iran began in late February
Pakistan’s PM had said the ceasefire would cover Lebanon; Iran says passage through the strait of Hormuz will be allowed for the next 2 weeks. Follow the latest news
Live updates: Follow the latest news on the Iran war
- Israeli Prime Minister Benjamin Netanyahu says a two-week US-Iran ceasefire does not cover Lebanon, contradicting Tehran’s version of the agreement.- The Israeli leader backs President Donald Trump’s decision to pause strikes for two weeks, contingent on immediate Iranian concessions.- Conditions include opening t…
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Jewish groups were among those criticizing US President Donald Trump and accusing him of using genocidal rhetoric on Tuesday after Trump posted online that “a whole civilization will die tonight” if Iran does not reopen the Strait of Hormuz.
Prime Minister Benjamin Netanyahu refuted claims made by Pakistan's Prime Minister Shehbaz Sharif that Lebanon would be included in the ceasefire agreement between the US, Israel, and Iran.
The Associated Press reported a discrepancy between the Persian and English versions of Iran’s ceasefire proposal, noting that the Persian text includes the phrase “acceptance of enrichment” while the English version omits it.
UN Secretary-General Antonio Guterres welcomed the announcement of a two-week ceasefire between the United States and Iran, his spokesperson Stephane Dujarric said.
Iran hawks in the U.S. have already started to question whether the Trump administration is taking the right approach.
Iran and Oman will be allowed to charge fees on ships transiting the Strait of Hormuz as part of a two-week ceasefire deal mediated by Pakistan, The Associated Press reported, citing a regional official.
Live updates: Follow the latest news on US-Iran war
Israeli forces shelled the town of Baraachit in southern Lebanon, Al Jadeed TV reported, in an apparent escalation following statements that the US.-Iran ceasefire does not cover the Lebanon front.
Pakistan's Prime Minister Shehbaz Sharif posted on X on April 8 that Iran and the U.S. "have agreed to an immediate ceasefire everywhere, including Lebanon and elsewhere, EFFECTIVE IMMEDIATELY." © Reuters
NEW YORK — Oil prices plunged below $100 a barrel and Asia markets and US stock futures jumped after the US and Iran agreed to a two-week ceasefire that includes the reopening of the Strait of Hormuz.
Prime Minister Benjamin Netanyahu’s office has announced that Israel backs the United States’s decision to suspend strikes against Iran for two weeks, but said the truce “does not include Lebanon”.
Ed Curran works on the floor at the New York Stock Exchange in New York, Tuesday, April 7, 2026. (AP Photo/Seth Wenig)
Australian PM also welcomes a conditional two-week ceasefire deal that will reopen the strait of Hormuz to global shipping
A ceasefire has opened a narrow window for diplomacy after weeks of escalating conflict that began with US-Israeli strikes on Iran and prompted retaliatory missile and drone attacks across the region.
A 2-week ceasefire between the U.S. and Iran triggered a relief rally across risk assets, sending stocks higher and oil tumbling, while persistent demand for gold and Treasurys pointed to a market still hedging against uncertainty.
The world’s eyes are on the conflict in Iran. As it drags on, the threat of an energy crisis intensifies by the day. Investors can’t tear their eyes away, with global stock markets plunged into volatility.
Iran and the US have agreed to a conditional two-week ceasefire, during which shipping traffic will be allowed through the Strait of Hormuz.
Hang Seng Index rose 2.7 per cent after a two-week ceasefire was reached, subject to Tehran’s vow to completely reopen the Strait of Hormuz
Hang Seng Index rose 2.7 per cent after a two-week ceasefire was reached, subject to Tehran’s vow to completely reopen the Strait of Hormuz
The United States and Iran have agreed to a two-week ceasefire.
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Many Middle Eastern countries reported incoming missiles and drones from Iran on Wednesday, triggering air defenses across the Gulf within hours of a newly announced two-week ceasefire between Washington and Tehran.
Iran launched missiles toward Israel early Wednesday morning, hours after US President Donald Trump announced a two-week ceasefire involving the US, Israel, and Iran. Air raid alerts continued in Israel after the truce was announced, raising immediate doubts about whether the arrangement would hold.
The FBI warned US state and local law enforcement of an elevated threat posed by Iran's government to targets in the United States last month, even as the White House sought to downplay the likelihood of an attack, a law enforcement intelligence report reviewed by Reuters shows.