(Investing) – KUWAIT CITY – U.S. Secretary of State Marco Rubio on Wednesday vowed that the United States will not do anything that would undermine the security of U.S. allies in the Gulf region when it comes to Washington’s dealings with Iran. “We’re going to be completely aligned with our partners in the Gulf,” Rubio told reporters in Kuwait City before
(Oil Price) – Oil prices have continued to whipsaw since the U.S. and Iran announced last week signed a deal to make a deal as traffic through the Strait of Hormuz is anything but straight and not expected to normalize within days. Contradictory messaging from Iran and the United States on the navigability of the chokepoint have intensified during the weekend
( Investing) – BEIRUT – The U.S.-Iran agreement — the first signed by an American and an Iranian president since Iran’s 1979 Islamic Revolution — is being hailed by its backers as the deal of the century. But for Tehran’s adversaries across the Middle East — from Israel to Gulf states and factions in Lebanon — it looks more like the
(Investing) – WASHINGTON – U.S. Vice President JD Vance said the 60-day window laid out in a memorandum of understanding approved by President Donald Trump and Iranian leaders begins on Thursday. “I would say the 60-day period officially started today,” Vance told reporters at a White House briefing. Asked what happens after the 60-day period in terms of governance of the
(Investing) – EVIAN-LES-BAINS, France – U.S. President Donald Trump on Wednesday defended the U.S. deal with Iran in his remarks at the close of a G7 summit in France, saying he did not want to see an economic catastrophe that could have been triggered by a continued war in the Middle East. “So the one thing I didn’t want to see
