What we know and don't know about the possible deal to end the Iran war The United States and Iran appear to be nearing a deal to end the war AAP · May 27
Oil Price Today (May 27): Crude oil hovers near $100 amid mixed cues on Iran war peace deal. What are experts saying? Brent crude prices remained volatile as U.S. strikes in southern Iran and mixed signals from President Trump over talks with Tehran kept traders cautious. Disruptions through the Strait of Hormuz are increasing pressure on the global oil market, with inventories declining and potential production losses mounting. The Economic Times · May 27
Trump again slams media coverage on West Asia conflict, says "gone absolutely crazy" Former President Donald Trump criticized media coverage of the West Asia conflict, alleging bias against his administration. He claimed outlets would even portray Iran's surrender as a victory for the nation. Trump also accused Democrats and media of losing their way and going "CRAZY!" The Economic Times · May 27
'More than problematic': US Senator on Pakistan's role in Iran peace talks The remarks came after Pakistan's defence minister Khawaja Muhammad Asif rejected US President Donald Trump’s appeal for Islamabad to join the Abraham Accords. Asif said Pakistan would not back any agreement that went against the country’s "fundamental ideologies". The Abraham Accords were brokered by the United States in 2020 and… The Times of India · May 27
Yen hovers near intervention zone as traders assess Iran war outlook The yen neared intervention levels against the dollar amid Iran war concerns, while the Australian dollar held near recent highs before key inflation data. The New Zealand dollar stabilized after a dip, with the Reserve Bank expected to hold rates steady. The safe-haven greenback remained steady as U.S. strikes on… The Economic Times · May 27
Trump says no country will control Hormuz Strait under future Iran deal President Donald Trump on Wednesday told his cabinet that “nobody” would control the Strait of Hormuz under a future settlement with Iran, but maintained that the US would “watch over” the critical waterway. Tehran effectively closed the Strait to commercial shipping in response to the US-Israeli war on Iran, triggering… France 24 · May 27
Households set to learn of energy bills hike from July amid Iran war impact Ofgem will announce its latest energy price cap on Wednesday. Evening Standard · May 27
Gold edges higher on weaker dollar; focus on US-Iran talks, Fed outlook Gold prices edged higher on Wednesday, buoyed by a weaker dollar as investors awaited developments in U.S.-Iran peace talks. Market participants are also closely monitoring U.S. Federal Reserve policymakers' remarks and upcoming PCE data for insights into future monetary policy, while consumer confidence eased amid inflation concerns. The Economic Times · May 27
‘Makes no sense’: experts doubt pause in US arms sale to Taiwan is due to Iran war While approval is due soon for $14bn deal, actual deliveries to Taiwan are years away – making ‘Operation Epic Fury’ in the Gulf an unlikely cause The Guardian - AU · May 27
Trump news at a glance: Iran signals ‘bad faith’ US strikes will not hinder peace talks as Trump calls a rare cabinet meeting Despite attack that killed four Iranian soldiers, Tehran has not pulled out of talks that were continuing under the joint mediation of Pakistan and Qatar– key US politics stories from Tuesday 26 May at a glance The Guardian - US · May 27
Shares advance, oil prices ease on shaky US-Iran truce Central bankers have signalled concerns about inflation as Japan's Nikkei hits a new record after Wall Street recorded gains on the back of AI optimism. AAP · May 27
The Economic Times · May 27 Global Market Today: Asian stocks climb to record on tech, oil drops Asian stocks hit a record high, fueled by a surge in technology shares and easing geopolitical tensions. South Korea's SK Hynix reached a $1 trillion market cap, mirroring Wall Street's tech rally. Hopes for a US-Iran peace deal contributed to global equity gains, despite mixed US consumer confidence data.
The Economic Times · May 27 US Stock Market on Wednesday: S&P 500, Dow Jones, Nasdaq set for crucial test amidst Iran, Strait of Hormuz deadlock U.S. Stock markets in much of the rest of the world pulled back from their gains the day before, as fighting continued in the region and the U.S. military.
The Economic Times · May 27 Negative cues from GIFT Nifty signal muted opening for D-Street The Nifty slipped below 24,000, closing at 23,913 amid monthly F&O expiry and profit booking. Analysts suggest a gradual up-move could continue if crude oil prices remain soft, but geopolitical risks from US-Iran tensions are likely to keep investors cautious.
France 24 · May 26 Iran says US violated ceasefire with strikes near Hormuz Iran accused the United States on Tuesday of breaching a fragile ceasefire with strikes near the Strait of Hormuz, threatening efforts to end nearly seven weeks of conflict. Washington said the attacks were defensive, targeting missile sites and vessels allegedly laying mines.