Saudi Arabia and the UAE have blocked US strikes on Iran, forcing a strategic rethink. This decision underscores the diplomatic leverage Gulf states hold over US military planning ...
A ceasefire between Israel and Lebanon just moved two of the world's biggest commodity markets simultaneously. Israel and Lebanon agreed to implement a ceasefire on Thursday, June 4. WTI crude dropped more than 3% to $92.87 per barrel in one of the ...
While there are few signs of progress in US-Iran talks, the oil market continues to trade on expectations of an imminent deal that would resume flows through the Strait of Hormuz.
CBS News obtained a brief voice memo from Iranian American journalist Reza Valizadeh, who is being detained in Iran's Evin Prison and is pleading for help for him and other American captives.