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GCC secretary-general said the council welcomes the understanding between Washington and Tehran and hopes it will resolve outstanding issues.

2026-06-15

GCC secretary-general said the council welcomes the understanding between Washington and Tehran and hopes it will resolve outstanding issues.

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2026-06-15

The New York Times reports US President Trump told a Sunday interview he has reached an agreement with Iran that will ensure the Strait of Hormuz is permanently toll-free. He said Israeli prime minister Netanyahu opposed the deal but that US action h

The New York Times reports US President Trump told a Sunday interview he has reached an agreement with Iran that will ensure the Strait of Hormuz is permanently toll-free. He said Israeli prime minister Netanyahu opposed the deal but that US action has spared Israel from “nuclear annihilation,” adding Netanyahu should be grateful. Trump said if Iran fails to conclude a final nuclear agreement — talks he said are expected to begin Friday in Switzerland — he would resume military strikes on Tehran or, alternatively, demand 20% of regional revenues in exchange for the US acting as “guardian of the Middle East."
2026-06-15

Following the Iran deal, European luxury goods stocks outperformed the broader market, with LVMH rising 4.7%, and Hermès, Ferrari, Dior, Kering, and Cuccinelli all seeing gains ranging from 3.1% to 5.1%.

Following the Iran deal, European luxury goods stocks outperformed the broader market, with LVMH rising 4.7%, and Hermès, Ferrari, Dior, Kering, and Cuccinelli all seeing gains ranging from 3.1% to 5.1%.
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