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Wall Street edged higher on Wednesday, with benchmark indices approaching record levels after a strong two-week rally driven by optimism that the global economy may avoid a worst-case fallout from the US-Iran conflict.The S&P 500 rose 0.2% in early trade and was on track to surpass its January record, while the Dow Jones Industrial Average…
India has issued a fresh advisory urging its citizens in Iran to leave the country “expeditiously”, even as a fragile two-week ceasefire between the United States and Iran comes into effect.In a statement posted on X, the Indian Embassy in Tehran said the advisory was a continuation of its earlier notice issued on 7 April,…
Donald Trump and Mojtaba Khamenei (R) After more than a month of war between Trump and Tehran regime, Iran’s supreme leader Mojtaba Khamenei on Wednesday instructed the Islamic Republic’s military to observe a ceasefire, while strongly declaring that “this is not the end of the war.”Ali Khamenei’s successor and son Mojataba declared in his statement:…
Oil prices fell sharply on Wednesday with Brent crude and US West Texas Intermediate (WTI) crude both slipping below the $100 per barrel mark after President Donald Trump announced a two-week ceasefire with Iran, subject to the immediate reopening of the Strait of Hormuz.In the early hours of trade, Brent crude dropped 13.6 per cent…
US President Donald Trump stepped back late Tuesday from his threats of devastating strikes on Iran, announcing a two-week ceasefire just hours before the deadline he had set for Tehran. The agreement includes the temporary reopening of the Strait of Hormuz, a critical waterway for global oil shipments, and sets the stage for talks between…
