Iran looking to turn Strait of Hormuz into massive toll booth
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Property News: Suburbs where house values rose most in the past 12 months.
TOKYO (Reuters) -- Many Bank of Japan policymakers saw the need to keep raising interest rates, with some calling for timely action on mounting inflationary pressures, minutes of their January meeting showed, highlighting their hawkish bias even before the Iran war boosted oil prices.
US media outlets, citing unnamed officials, reported that Washington has sent a 15-point plan to Iran aimed at ending the war.
BEIRUT (AP) — Lebanon’s Foreign Ministry declared Iran’s ambassador to Beirut persona non grata Tuesday, ordering him to leave the country by the end of the week.
Iranian media reported that an airstrike carried out by the “American Zionist enemy” hit a residential area in Tehran, with rescue teams searching for survivors in the rubble.
President Donald Trump has not ruled out deploying U.S. ground troops to Iran, Washinton Post reported, quoting US officials.
WASHINGTON (Reuters) -- The Iran war is already taking a toll on major economies around the world, according to business surveys on Tuesday which showed how a surge in energy prices and rising uncertainty were dampening activity and pushing inflation expectations higher.
Diplomatic progress in the Middle East lifts Hang Seng Index, with Nongfu Spring and Li Auto among the top gainers
Philippines declares national emergency as fuel supplies dwindle
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Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC's Daily Open.
President continues to tout ‘very good’ talks with Iran, which Iranian officials continue to deny – key US politics stories from 24 March 2026 at a glance
Former CIA Director John Brennan was panned by the White House and social media users Tuesday for wild comments suggesting Iran is more trustworthy than President Trump.
Inflation was starting to stabilise before the outbreak of the war in Iran, with new figures showing prices barely budging through February.
So much for media doomsaying: America’s allies in the Gulf and Europe are falling into line against Iran.
President Donald Trump said on Tuesday that Iran gave the US a "present” related to “oil and gas”, while repeating that talks were underway with the Islamic Republic to end the war, even as thousands of US troops are en route to the region.
Oil prices fell more than 5% Wednesday after U.S. President Donald Trump said that Washington and Tehran are "in negotiations right now" and indicated Iran is keen to reach a peace agreement, despite the Islamic Republic denying any direct talks with the U.S.
Hong Kong flag carrier’s decision to extend flight suspensions due to war may have only limited financial impact on overall passenger operations, they say
Seoul stocks opened sharply higher Wednesday, as optimism grew over Washington's moves to end the monthlong war in Iran.
President’s declaration allows officials to tackle fuel hoarding or profiteering, while energy secretary says country will lean more heavily on coal
TEHRAN, Iran — US President Donald Trump sent a peace plan to Iran as he voiced optimism Tuesday at ending nearly a month of a war, with Tehran announcing that it will let "non-hostile" oil vessels go through the crucial Strait of Hormuz.
Indian Prime Minister Narendra Modi said he discussed the Iran war on a call with President Donald Trump, including the conflict’s impact on the Strait of Hormuz, a key route for India’s energy imports.
Asia-Pacific markets looked set for a largely higher open on Wednesday, with comments from U.S. President Donald Trump pointing to potential talks with Iran lifting sentiment, even as Tehran has denied any direct negotiations with Washington.
Sirens sounded in Jerusalem and a blast was heard in the city, while an explosion was also heard in the skies over Jericho in the West Bank
This is AI generated summarization, which may have errors. For context, always refer to the full article.
A sign at an entrance gate at Fort Bragg, N.C., is photographed on Jan. 4, 2020. (AP Photo/Chris Seward)
Iran claimed it will allow “non-hostile” ships to pass through the Strait of Hormuz, but vowed to exclude US and Israeli vessels — as President Trump said negotiations are going well after securing a “very significant prize” from Tehran.
United States President Donald Trump has maintained that negotiations to end the war on Iran are under way, claiming that Tehran wanted to make a deal “so badly” despite its previous denial that talks were happening.
The Trump administration has reportedly sent Iran a 15-point plan to end the war in the Middle East.
Vice President JD Vance is quietly emerging as a key player in potential Iran talks as Tehran signals it wants to deal directly with him, sources familiar with discussions told The Post — but the White House insists only President Trump gets to decide who negotiates for the US.
Auto news: These are Australia's safest roads.
Just as many people are ready to blame the government for its spending as they do global inflationary headwinds, making reform difficult for Albanese
A woman collects belongings from a house damaged when a nearby residential building was hit in an overnight strike during the U.S.-Israeli military campaign in Tabriz, East Azerbaijan Province, northwestern Iran, Tuesday, March 24, 2026. (AP Photo/Matin Hashemi)
A US intel report suggested that new Iranian supreme leader Mojtaba Khamenei is “probably” gay — but he’s not the only Middle Eastern potentate rumored to be light in the turban.
El presidente de Estados Unidos, Donald Trump, escucha a un reportero durante la toma de protesta del secretario de Seguridad Nacional Markwayne Mullin en la Oficina Oval de la Casa Blanca, el martes 24 de marzo de 2026, en Washington. (AP Foto/Alex Brandon)
President Donald Trump said on Tuesday that Iran gave the US a "present” related to “oil and gas”, while repeating that talks were underway with the Islamic Republic to end the war, even as thousands of US troops are en route to the region.
President Donald Trump said on Tuesday that Iran gave the US a "present” related to “oil and gas”, while repeating that talks were underway with the Islamic Republic to end the war, even as thousands of US troops are en route to the region.
Conductores hacen fila para llenar sus tanques de gasolina en Santiago de Chile, el martes 24 de marzo de 2026. (Foto AP/Esteban Félix)
Traders bet more than half a billion dollars on the price of crude only 15 minutes before US President Donald Trump announced a five-day delay to attacks on Iran’s energy infrastructure that sent the market plunging, exchange data and Reuters calculations showed.
TEHRAN, Iran — US President Donald Trump said on Tuesday that talks with Iran to end the Middle East war were under way "right now", even as the Islamic republic and Israel traded fresh strikes.
By joining Israel’s unprovoked war on Iran, US President Donald Trump has trapped himself between Scylla and Charybdis. Escalation would spell disaster; retreat would brand him a historic loser. And yet, paradoxically – and almost perversely – a safe passage remains, should he choose to take it.
By joining Israel’s unprovoked war on Iran, US President Donald Trump has trapped himself between Scylla and Charybdis. Escalation would spell disaster; retreat would brand him a historic loser. And yet, paradoxically – and almost perversely – a safe passage remains, should he choose to take it.
French President Emmanuel Macron said on Tuesday he spoke to Iranian President Masoud Pezeshkian and asked him to put an end to attacks against countries in the region and called on the country to engage in good faith negotiations.
Iraq says it plans to summon the US and Iranian envoys to the country to denounce a string of deadly attacks on Iraqi territory, as the country has been increasingly dragged into the US-Israeli war on Iran.
Australian shares are set to rise as the market opens, after a volatile session on Wall Street where investors swayed between fears of rising oil prices and hopes for a resolution to the US-Israeli war on Iran.
Cargo ships sail in the Arabian Gulf towards Strait of Hormuz in United Arab Emirates, Thursday, March 19, 2026. (AP Photo)
Washington's inability to secure uncontested aerial superiority over Iran stems from US underinvestment in countering lower-altitude threats that Iran has effectively deployed, experts speaking to the Middle East Institute said on Tuesday.
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Iranian Red Crescent emergency workers use a bulldozer to clear rubble from a residential building that was hit in an earlier U.S.-Israeli strike in Tehran, Iran, Monday, March 23, 2026. (AP Photo/Vahid Salemi)