246 articles — keywords: Iran
A senior Iranian military officer said Tuesday that a return to war with the United States seems inevitable as fighting between Israel and Hezbollah continued overnight.
Iran's Foreign Ministry spokesperson called U.S. statements inaccurate and said a negotiating strategy of contradictions would not work with the Islamic Republic.
Iran's negotiating team halted diplomacy with the U.S. after Israeli Prime Minister Benjamin Netanyahu ordered strikes on Hezbollah's stronghold in the southern Beirut suburbs.
West Texas Intermediate crude jumped 3% to around $90 per barrel after weekend military exchanges near the Strait of Hormuz.
Vice President Vance said the two countries are very close to a memorandum of understanding that would extend a ceasefire for two months.
Iran's World Cup squad still has not received U.S. visas, adding another layer of complexity to the ongoing conflict three weeks before the tournament begins.
The Pentagon described the strikes as defensive, targeting a military site that posed a threat to American forces and commercial traffic.
The 10-year Treasury yield fell more than 8 basis points to 4.485% as bond markets reopened after the Memorial Day holiday.
A reported memorandum of understanding would involve a 60-day ceasefire extension and the reopening of the Strait of Hormuz.
Oil prices fell sharply Monday after President Trump said Iran talks were proceeding in a constructive manner.
Japan's Nikkei 225 also broke 65,000 for the first time as reports emerged that the Strait of Hormuz may soon reopen.
West Texas Intermediate futures fell to $91.65 per barrel Sunday after Trump said negotiations over the Strait of Hormuz are proceeding constructively.
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