US and Qatari officials have reported progress in efforts to restore a ceasefire in the US-Iran war and reopen the strait of Hormuz, a strategic waterway … Read more
Stocks surged on August 4, 2026, as Treasury Secretary Scott Bessent hinted at a potential Iran deal to reopen the Strait of Hormuz, while oil prices … Read more
South African motorists face a split pump reality for August 2026, as petrol prices drop by 52 cents a litre while diesel users absorb steep increases … Read more
Wall Street advanced broadly, driven by Amazon’s 15% profit surge and receding oil prices amid hopes for reopening the Strait of Hormuz. The New York Stock … Read more
Treasury Secretary Scott Bessent announced that the United States and Iran could reach an agreement as early as Tuesday or Wednesday to reopen the Strait of … Read more
US President Donald Trump warned Iran on Monday that it faces a final last chance before decapitation, insisting that negotiations are ongoing despite Tehran’s denials. The … Read more
Iran demands inbound control and outbound oversight of the Strait of Hormuz under a temporary plan discussed with Oman to reopen the strategic waterway. The vital … Read more
President Donald Trump abruptly canceled planned military strikes on Iran while citing new negotiations over shipping routes in the Strait of Hormuz, marking the latest cycle … Read more
BP reported second-quarter profits that more than doubled to $5.73 billion (£4.27bn) for the period ending June 30, 2026. The surge was driven by skyrocketing oil … Read more
U.S. stocks surged on August 3, 2026, sending the Dow Jones Industrial Average to a record closing high of 53,178.41. The rally followed signs of de-escalating … Read more
U.S. stocks rallied on Monday, August 3, 2026, sending the Dow Jones Industrial Average to a record closing high. The surge followed a drop in oil … Read more
President Donald Trump announced on August 3, 2026, that a new round of negotiations with Iran would begin to end a conflict that started in February. … Read more