01:32
Middle East conflict

Iran threatens a painful response if the U.S. resumes attacks

Iran said on Thursday it would respond with “long and painful strikes” against U.S. positions if Washington resumed attacks, while also reasserting its claim over the Strait of Hormuz, complicating U.S. plans to form a coalition to reopen the waterway.

08:27
Oil price

Oil climbs nearly 2% as U.S.-Iran peace talks stall

Oil prices extended gains on Monday, rising nearly 2% as peace talks between the U.S. and Iran stalled while shipments through the Strait of Hormuz remained limited, keeping global oil supplies tight.

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