One Day Until Trump's Self‑Imposed 5-Day Deadline On Iran But Markets Appear Increasingly Numb

A senior Iranian official said the two sides remain far from a potential deal after US and Iranian officials held their first known indirect talks since the ceasefire collapsed in July. A senior Iranian official said on Wednesday that Tehran was reviewing Washington’s response to its peace proposals, but significant differences remain. The remarks followed […]

Iran Denies Negotiations With US After Trump Announces Talks For Monday Afternoon President Trump now says new talks with Iran will begin Monday afternoon after he called off a planned "massive attack" - following high level Saudi intervention, and also likely White House advisors and Pentagon leadership failing to agree on a strategic vision. "The Saudis expressed concern and asked for clarity about the plan of action," one US official told Axios over the weekend, with another saying that crown prince Mohammed bin Salman urged Trump to de-escalate and refrain from launching...

Rising Jet Fuel And Ticket Prices Could Disrupt Summer Air Travel Submitted by Tsvetana Paraskova of OilPrice.com Summer travel could be disrupted for millions of airline passengers as airlines pass on higher jet fuel prices onto air fares and cancel unprofitable routes, according to the global association Airports Council International. The surge in jet fuel prices as a result of the Middle East crisis leads to higher air fares. Passengers should be prepared for higher ticket prices for longer, Stefano Baronci, the Airports Council International’s director general of Asia Pacific and Middle...