Relief for global markets comes after Trump says Iranian officials are keen on a deal.
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A 20-year-old Texan faces potential life imprisonment after arson attack on Sam Altman’s San Francisco residence.
Head of defence college asked military official to ensure government took ownership of ban, emails reveal.
Growing gap between physical and on-paper oil prices points to more serious energy shock than appreciated, analysts say.
Asian stocks fall as naval blockade threat injects new turmoil into financial markets.
The Ministry of Energy says the East-West pipeline is back to pumping about 7 million barrels per day.
In interview with Al Jazeera, International Maritime Organization chief says world should reject tolls in waterway.
Trump says he will not accept Iran’s imposition of tolls on shipping in the vital waterway.
Washington and Tehran accuse each other of not honouring truce agreement.
Tehran and Beijing both stand to gain from boosting status of the Chinese yuan.
