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Iran finalizes trade deal with Oman as US ramps up sanctions pressure
Iran has finalized a preferential trade agreement with Oman and submitted it to parliament for approval, a senior trade official announced Friday, as Tehran seeks to deepen regional economic ties days after President Donald Trump declared an "economic D-Day" against…
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NATO’s eastern allies offer to cover US base costs amid troop review
NATO's eastern European members are preparing to offer to shoulder more of the costs of hosting American troops on their soil, hoping to persuade the Trump administration not to pull forces from the region as it conducts a sweeping review…
US, Japan, South Korea hold urgent talks after North Korean missile barrage
North Korea launched approximately 10 short-range ballistic missiles toward its eastern waters on Thursday, prompting urgent trilateral consultations among the United States, South Korea, and Japan just one day after Pyongyang dismissed President Donald Trump's scaled-back military exercises as meaningless.
US, Canada race to finalize trade deal before Saturday tariff deadline
Negotiators from the United States and Canada are working through Friday to finalize a trade agreement before 50% tariffs on roughly $20 billion worth of Canadian goods take effect at 12:01 a.m. ET Saturday. Canadian Trade Minister Dominic LeBlanc said…
Trump withholds mandated 2024 election interference report
The Trump administration has declined to release the intelligence community's mandated assessment of foreign interference in the 2024 presidential election, even as it has publicized hundreds of pages of other declassified material to bolster claims of deep-state misconduct, according to…
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Qatar, Oman lead push to reopen Strait of Hormuz as Iran confirms zero oil exports
Iran's central bank governor acknowledged on Wednesday that the country's oil exports have dropped to zero amid the ongoing war and U.S. sanctions, as Gulf states launched a diplomatic push to restore shipping through the Strait of Hormuz and oil…
Ethereum surges after White House crypto summit as pre-event whale trades draw scrutiny
An unidentified cryptocurrency wallet purchased 5,000 Ethereum tokens worth approximately $9.53 million and immediately staked the entire holding just hours before President Donald Trump convened a major crypto industry summit at the White House on August 19, according to blockchain…
North Korea fires 10+ missiles hours after Trump vows to meet Kim Jong Un
North Korea launched more than 10 short-range ballistic missiles on Thursday, South Korea's presidential office said, in what marks Pyongyang's largest single-day volley this year and a provocative response to both ongoing US-South Korea military exercises and President Donald Trump's…
Trump shifts to long-term economic pressure on Iran after talks collapse
The Trump administration has abandoned its pursuit of a rapid diplomatic breakthrough with Iran and pivoted toward a long-term campaign of economic and military pressure, after the 60-day window established by the June memorandum of understanding expired without a final…
U.S. eyes cutting metal, auto tariffs in Canada deal
The United States is considering reducing tariffs on Canadian steel, aluminum, and automobiles as part of a trade agreement taking shape between the two countries, according to people familiar with the discussions, even as the auto sector remains a major…
Trump says he plans to meet Kim Jong Un this year
President Donald Trump confirmed Wednesday that he intends to meet North Korean leader Kim Jong Un later this year, disclosing that Pyongyang possesses "57 very powerful nuclear weapons" and describing their personal relationship as a strategic asset. The announcement came…
Oil tops $91 as Hormuz transits drop to zero
Brent crude rose above $91 a barrel for a third consecutive session on Tuesday as the expiration of a U.S.-Iran ceasefire, attacks on commercial vessels, and a near-total collapse in shipping through the Strait of Hormuz combined to drive fears…
Nikkei plunges over 2,100 points as Trump denies Iran talks
Japan's Nikkei 225 plunged more than 2,100 points at one stage on Wednesday, August 19, as a global risk-off wave gathered force after President Donald Trump denied any ongoing or planned talks with Iran and rising bond yields made high-valued…
Trump pauses 50% tariffs on Canada, says deal reached
President Donald Trump announced late Tuesday night that he would pause 50% tariffs on Canadian goods for three days, citing progress toward a trade agreement between the two countries just hours before the levies were set to take effect.
Trump says Kim Jong Un responded to outreach, eyes fall summit
President Donald Trump confirmed Monday that North Korean leader Kim Jong Un has responded to his diplomatic outreach, describing the exchange as "very positive," as the Wall Street Journal News Corp reported that Trump is pressing aides to arrange an…
Trump rules out Iran talks as Hormuz standoff deepens
President Donald Trump declared on Tuesday that no negotiations with Iran are underway or planned, even as Tehran's top negotiator insisted the Strait of Hormuz would remain closed until Washington meets a sweeping set of demands — a standoff that…
US, Canada in last-minute talks to avert 50% tariffs
The United States and Canada are locked in urgent negotiations on Tuesday to reach a trade deal before a 12:01 a.m. Wednesday deadline, after which President Donald Trump has threatened to impose 50% tariffs on $20 billion worth of Canadian…
Trump scales back Korea military drills over stalled $350B investment pledge
President Donald Trump's order to scale back joint military exercises with South Korea reflects not only his desire to re-engage North Korea diplomatically but also a broader administration frustration with Seoul's failure to deliver on a $350 billion investment commitment…
South Korea’s Lee calls for stronger self-defense after Trump cuts drills
President Donald Trump threw annual US-South Korea military exercises into disarray on Sunday when he ordered the Pentagon to "substantially reduce" the Ulchi Freedom Shield drills, citing his "very good relationship" with North Korean leader Kim Jong Un and frustration…
Oil tops $91 as US-Iran ceasefire expires, bond yields hit multidecade highs
Global markets faced fresh turbulence on Tuesday as the 60-day US-Iran truce expired and Tehran announced it would shift to a "fully offensive" military posture, pushing Brent crude above $91 a barrel and sending bond yields higher across the world.
Oil rises as Trump signals no rush to end Iran war
Oil advanced for a third consecutive day on Monday as prospects for a near-term resolution of the US-Iran conflict receded, with President Donald Trump signaling he has no interest in extending an expiring agreement with Tehran.
Oil majors post $93B in Q2 profits as Hormuz crisis deepens
Eight of the world's largest oil producers posted a combined $93 billion in profits during the second quarter of 2026, nearly doubling their earnings from the same period a year earlier, as the Iran war and disruption to shipping through…
Trump hails Mecca defense pact as ‘big, bold’ first step
US President Donald Trump endorsed the Mecca Joint Defense Agreement signed by Saudi Arabia, Turkey, and Pakistan, calling the trilateral pact a "big, bold, and important first step" toward regional self-defense in a post on Truth Social.
Trump orders Hegseth to cut military drills with South Korea
President Trump announced Sunday that he has instructed Defense Secretary Pete Hegseth to "substantially reduce" joint military exercises with South Korea, a move that comes just one day before the annual Ulchi Freedom Shield drills were set to begin.
Trump says he will declare Strait of Hormuz a US territory
President Donald Trump declared Friday that he would "pretty soon" claim the Strait of Hormuz as "a territory of the United States," escalating his rhetoric over the strategic waterway as the U.S.-Iran conflict approaches its sixth month with no end…
Canada, Mexico push to lower US auto tariffs ahead of deadline
Both Mexico and Canada are advancing proposals to reduce U.S. tariffs on automobiles as negotiations over the future of North American trade intensify ahead of an August 19 deadline for a broader deal with Washington.
Trump claims ‘total control’ of Strait of Hormuz after US fires on cargo ship
A U.S. Navy helicopter fired two Hellfire missiles at a Panama-flagged cargo vessel in the Gulf of Oman on Tuesday after its crew ignored repeated warnings to stop, U.S. Central Command said, marking the third ship disabled since Washington reimposed…
Oil hits $90 as gold reaches 10-week high amid Iran standoff
Oil prices touched $90 a barrel on Tuesday while gold climbed to a 10-week high of $4,400 per ounce as the U.S.-Iran stalemate over the Strait of Hormuz deepened, sending conflicting signals through global commodity markets now caught between supply-shock…
South Korea, Wall Street react to Trump’s polysilicon tariffs
President Donald Trump signed a proclamation last week imposing a 15% tariff on polysilicon derivative products under Section 232 of the Trade Expansion Act of 1962, a move that introduces minimum import prices and incentives for domestic production while sending…
Trump warns FIFA against ousting Infantino amid World Cup sales crisis
President Donald Trump inserted himself into a growing crisis atop world soccer on Monday, warning that FIFA would make a "terrible mistake" if it moved to oust president Gianni Infantino, who faces mounting pressure from three major confederations over a…