Since late March, the renminbi (RMB) has been on an upswing, repeatedly hitting three-year highs. On 14 April, onshore RMB broke past 6.82 per dollar at the open - its strongest level since 24 March, 2023.
Iran is considering attending peace talks with the United States in Pakistan, a senior Iranian official told Reuters on Monday, following moves by Islamabad to end a U.S. blockade of Iran's ports, a significant obstacle to Tehran rejoining peace efforts as the end of a two-week ceasefire approaches
The U.S. Navy has forcibly intercepted and boarded the Iranian cargo ship TOUSKA in the Gulf of Oman after it attempted to breach the ongoing naval blockade. President Trump confirmed that the vessel was neutralised and seized by Marines following a direct strike on its engine room.
An average of at least 47 women and girls were killed each day during the war in Gaza, according to new figures released by UN Women.
Iran has cautiously welcomed the ten-day ceasefire between Israel and Lebanon stressing that it is an integral part of Tehran’s set of its conditions for an end to the ongoing conflict with Washington.
Despite celebrations and cheers in Beirut Thursday night, some people who are affected by the conflict in Lebanon are sceptical about the ceasefire between Israel and Lebanon announced by U.S. President Trump on Thursday (16 April).
A 10-day ceasefire between Lebanon and Israel went into effect on Thursday at midnight local time and President Donald Trump said the next meeting between the United States and Iran may take place over the weekend, adding to optimism that the Iran war could be nearing an end.
France and Britain will chair a meeting on Friday (17 April) of around 40 countries aimed at signalling to the United States that some of its closest allies are ready to play a role in restoring freedom of navigation in the Strait of Hormuz once conditions allow.
Nations and organisations and Beirut react positively to the ceasefire between Israel and Hezbollah in Lebanon. The Lebanese authorities negotiated the pause with Israel after an historic meeting on Tuesday in the U.S with President Donald Trump making the announcement on Thursday 16 April.
The collapse of the Islamabad meeting now appears less definitive than initially reported. New information suggests what was widely framed as failure may instead have been a premature political interpretation of an ongoing negotiation process.
Commander of Pakistan’s Army Field Marshal Asim Munir is visiting Tehran for high-level talks as Islamabad steps up mediation efforts to host renewed de-escalation talks between Iran and the U.S.
U.S. President Donald Trump said on Thursday that there was a "good chance" of a peace deal between Lebanon and Israel happening soon, after he announced a 10-day ceasefire between the two countries.
The U.S. and Iran could resume peace talks over the next couple of days, U.S. President Donald Trump has said. Talks between Israel and Lebanon were held in Washington yesterday. Fuel prices have dropped below $100 a barrel. U.S. blockade on Iranian ports completes first day.
The United States said on Wednesday its military had completely halted trade going in and out of Iran by sea, even though President Donald Trump said talks with Tehran on ending the war could resume this week.
A preliminary round of Lebanon-Israel talks has concluded in Washington, marking a tentative diplomatic step as regional tensions rise. The development comes as the United States launches a naval blockade of Iranian ports.
Kazakhstan has reported a sharp fall in oil production, with both output and exports declining in the first quarter of the year, according to government officials. The drop is now affecting the structure of economic growth, even as the country records 3% GDP growth.
Iran’s mission at the United Nations headquarters in New York has, in a letter to the Secretary-General and the Security Council President, demanded war compensation from five regional states over damages caused during Israeli-U.S. aggression against Iran.
China’s export growth slowed sharply in March, as the fallout from the Middle East conflict pushed up energy and shipping costs, weakening global demand and exposing risks in Beijing’s reliance on manufacturing to drive growth.
Israeli and Lebanese ambassadors to the United States will meet later in Washington to discuss a ceasefire, with U.S. Secretary of State Marco Rubio attending.
U.S. President Donald Trump warned that any Iranian ships approaching ports in the Strait of Hormuz would be "immediately eliminated" on Monday, as the U.S. started its blockade.
Tensions in the Gulf have sharpened dramatically after reports that the United States has begun a blockade of Iranian ports, a move already rippling through global markets and political circles.
Oil prices surged on Monday (13 April) as the U.S. moved to impose a blockade on Iranian shipping after the collapse of weekend peace talks, while the dollar rose and stocks and bonds fell.
The U.S. military said it will begin a blockade of all maritime traffic entering and exiting Iranian ports and coastal areas on Monday after weekend talks failed to reach a deal to end the war with Iran at the weekend in Pakistan, jeopardizing a fragile two-week ceasefire.
Oil tankers are steering clear of the Strait of Hormuz ahead of a U.S. blockade later on Monday following failed peace talks between the U.S. and Iran over the weekend, shipping data showed.
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