Oil prices rose for a third session and government borrowing costs in the US, UK, Germany, France and Japan hit multi-decade highs on Tuesday as hopes for a US-Iran peace deal faded. Iran said it would adopt a more offensive stance and the US ruled out extending a ceasefire, while Donald Trump threatened to bomb Oman, deepening concerns over prolonged energy supply disruptions and inflation.
Oil prices traded slightly higher for a third session on Tuesday as prospects receded for a deal to end the Middle East war, with Iran saying it would adopt a more offensive stance and the US ruling out extending a ceasefire deal, heightening worries about prolonged energy supply disruptions.
Iran has offered the United States a seven-day plan to reopen the Strait of Hormuz if the U.S. lifts its naval blockade and meets other conditions, but President Donald Trump has rejected it as not acceptable, leaving the waterway closed; Iranian Foreign Minister Abbas Araghchi is now seeking clarification, saying Trump's history of contradictory messaging means the rebuff may not be final.
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Oil prices traded slightly higher for a third session on Tuesday as prospects receded for a deal to end the Middle East war, with Iran saying it would adopt a more offensive stance and the US ruling out extending a ceasefire deal, heightening worries about prolonged energy supply disruptions.
Bond yields in US, UK, Germany France and Japan rise after ceasefire ends and Trump threatens to bomb Oman Business live – latest updates Government borrowing costs continued to rise to levels not seen in decades on Tuesday, as hopes of an end to the US-Iran war faded. Concerns about the inflation outlook worsened after the ceasefire between Washington DC and Tehran ended on Monday night without an agreement , with…
BBC News – World At least 27 people were killed in two separate mass shootings in South Africa on Saturday night, police said. Seventeen people were fatally shot at a bar west of Johannesburg and 10 were killed in an attack outside Cape Town. The incidents came amid the country’s struggle with gang-related armed violence and one of the world’s highest murder rates.
NYTimes – World British counterterrorism police arrested five men on suspicion of terrorism and explosives offenses near RAF Fairford, a Gloucestershire air base used by U.S. forces. The arrests followed three suspicious vehicles seen heading toward the base early Sunday. Bomb disposal teams examined the vehicles and nearby homes were evacuated.
Thousands of protesters blocked a road in Portadown, Northern Ireland, on 27 September, in an attempt to stop an Orange Order parade from entering the mainly Catholic and nationalist Garvaghy Road area.
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