Stories tagged “Us Iran.”
30 stories
Gold and silver prices in Pakistan have shown a strong upwards momentum due to international shocks, with investors buying these assets as safe-havens. Local Sarafa markets adjust prices to absorb these macroeconomic hits.
Bitcoin price surged to $72,505 on Thursday, reaching an 11-week high as traders monitored rising tensions between the United States and Iran. The cryptocurrency gained more than 4% during the day.
Bitcoin recovered above $64,000 on Monday as investors monitored rising geopolitical tensions between the United States and Iran, while gold prices climbed and US stocks weakened.
Oil prices rose on Monday as expectations of a breakthrough in US-Iran peace talks weakened and tanker traffic through the Strait of Hormuz slowed, increasing concerns over potential disruptions to global crude supplies.
Bitcoin price strength saw BTC/USD pass $64,000 on 2% daily gains as gold pushed higher while US stocks wobbled on fresh US-Iran rhetoric.
The Memorandum of Understanding between the US and Iran aimed at ending fighting between the two countries is set to expire on Monday, with little sign that either side is willing to extend the agreement.
US President Donald Trump claims the US is in control of the Strait of Hormuz, but Iran denies this, saying it will not reopen the strait until its conditions are met. The strait has become a major obstacle to peace talks between the two sides.
Gold & Silver Prices Remain Stable for Today After High Volatility
Gold and silver prices in Pakistan remain stable today after high volatility in the international market. The prices are affected by the stalled US-Iran negotiations and the subsequent increase in global oil prices.
Iran says a deal with Oman on control of the Strait of Hormuz is close but will not be enough to free up the waterway. The deal would give Tehran control over ships entering the Gulf through the strait.
Iran and Oman are close to an agreement on a new route through the Strait of Hormuz, a key waterway for global oil and gas trade. The deal would allow ships to pass through the strait on a northern route and then exit on a southern route along the Omani coast.
Trump Warns Tehran Facing 'Last Chance Before Decapitation'
US President Donald Trump has warned Iran that it has a 'last chance' to sign a peace deal before 'decapitation'. Trump made the comments while speaking from the White House on Monday, saying that Washington and Tehran had begun fresh negotiations despite Iran's Foreign M…
A misdiagnosis of U.S. failings leaves Trump stuck in Iran
U.S. President Donald Trump finds himself stuck in his six-week war with Iran, unable to impose his will on the vastly weaker military power. Two questions arise: why can't the U.S. impose its will on Iran, and how can Trump fail to understand this incapacity?
Oil Market's Glut Narrative Just Blew Up
The oil market's narrative of a persistent glut has been blown up by recent events, including escalating US-Iran hostilities and attacks on oil infrastructure. This has led to a surge in oil prices, with Brent breaking $96 and WTI reaching $89.31. The situation is further…
US President Donald Trump said the US and Iran are in talks to negotiate an end to their conflict, but Tehran is not yet ready for a deal.
Trump Threatens to Use Frozen Iranian Assets to Pay for Shipping Damage
US President Donald Trump has threatened to use frozen Iranian assets to pay for shipping damage in the Gulf. Iran's foreign minister Abbas Araghchi has responded, calling the move an 'incendiary precedent'.
US President Donald Trump said he is seriously considering a major military operation against Iran that would be larger than previous US strikes. He told Axios he is close to making a final decision but has not decided yet.
Nearly 100 American service members have been injured in multiple Iranian airstrikes on bases in the Middle East region this month, U.S. officials told CBS News. The injuries follow an uptick in hostilities between the U.S. and Iran as a monthslong ceasefire between the t…
Bitcoin (BTC) fell further into Monday's Wall Street open as markets reacted to the US-Iran escalation. Donald Trump said that the US should 'run' the Strait of Hormuz as a tug-of-war with Iran continues.
Oil Prices Jump 4% as US-Iran Strikes Threaten Hormuz Shipments
Global oil prices surged more than 4% on Monday after renewed military strikes between the United States and Iran heightened concerns over energy shipments through the strategically important Strait of Hormuz.
Sterling today: Pound slips as US-Iran escalation drives oil, dollar
Sterling traded lower on Monday while the euro held fractional gains, as surging energy prices linked to renewed U.S. strikes on Iran and fears over Strait of Hormuz shipping kept the dollar broadly bid against low-yielding currencies.
An Italian geopolitical analyst examines the collapse of the US-Iran memorandum after Washington's July strikes, arguing the rupture reflects coercive bargaining, not a scripted plot. She explains why the Strait of Hormuz remains Iran's most valuable, double-edged card.
Tensions between the US and Iran remain high as the two nations clash over maritime control in the Strait of Hormuz. Iran has published a response criticizing a NATO meeting as 'baseless and politically motivated', while the US Central Command denied Iran's statements.
Bitcoin is holding above $62,000 and showing muted reactions to Middle East tensions, even as oil rises, gold falls and bond yields climb. Markets are increasingly treating war-related shocks as interest-rate events, with bitcoin now tracking front-end Treasury yields mor…
Iranians are preparing to bury their slain leader Ali Khamenei in his hometown of Mashhad, as new US strikes threaten to escalate the Middle East war.
UN chief ‘alarmed’ over renewed US-Iran military confrontations, urges peace negotiations
The UN chief has expressed alarm over the renewed military confrontations in the Gulf between the US and Iran, calling for steps to de-escalate and resume negotiations aimed at a durable solution to the Middle East conflict.
The U.S.-Iran deal has devolved into fighting again, with potentially ugly implications for oil prices. The cease-fire that ended U.S. President Donald Trump's war on Iran appears to be dead, and the memorandum of understanding between the two countries has collapsed.
Oil prices rose more than 7% after U.S. President Donald Trump threatened fresh strikes against Iran, which could lead to a closure of the Strait of Hormuz.
Sterling Today: Pound Gains as Dollar Weakness Persists
The pound gained against the dollar due to dollar weakness, while the euro also rose. Markets remained cautious amid US-Iran developments.
Gold prices rose as tensions between the US and Iran eased, with a progress in talks between the two countries. The price of gold increased by 1.14% to $4,207.62 per ounce.
Inflation remained at 2.8% in the year to May, with food price rises slowing to a 17-month low. Transport costs rose by the fastest rate, while meat, dairy, and vegetable prices eased.