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During a phone call with the Lebanese speaker of parliament, Iran's chief negotiator, Qalibaf, stated that Israel must withdraw from the "occupied territories" within Lebanon, and the people of southern Lebanon must return to their homes. The war mus

2026-06-16

During a phone call with the Lebanese speaker of parliament, Iran's chief negotiator, Qalibaf, stated that Israel must withdraw from the "occupied territories" within Lebanon, and the people of southern Lebanon must return to their homes. The war must end on all fronts, including Lebanon.

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2026-06-16

Economists say even if an Iran agreement is implemented, normalizing shipping through the Strait of Hormuz and gas prices returning to pre‑conflict levels could take time. US inflation accelerated in May to the fastest pace in more than three years,

Economists say even if an Iran agreement is implemented, normalizing shipping through the Strait of Hormuz and gas prices returning to pre‑conflict levels could take time. US inflation accelerated in May to the fastest pace in more than three years, but the rise likely has peaked. Andrew Hollenhorst, Citigroup’s chief US economist, cautioned that short‑term energy and oil market forecasts are difficult but that the broader trajectory appears downward. News of a provisional Iran‑US agreement pushed oil prices lower and lifted equities; Stephen Stanley, chief US economist at Santander US Capital Markets, said markets are treating the deal as done and largely reverting toward pre‑conflict conditions.
2026-06-16

ECB Governing Council member Escrivá warned that, despite an agreement to reopen the Strait of Hormuz, complex energy-supply disruptions are likely to persist. An Iran‑US agreement and investor bets that the three‑month conflict is winding down have

ECB Governing Council member Escrivá warned that, despite an agreement to reopen the Strait of Hormuz, complex energy-supply disruptions are likely to persist. An Iran‑US agreement and investor bets that the three‑month conflict is winding down have pushed oil prices lower, but Escrivá said risks are not removed and markets still broadly expect further ECB rate hikes. He said: "It is unclear whether markets fully reflect the supply disruptions that have occurred, how large their impact will be, and how long it will take to restore production; these questions remain uncertain and will continue to affect us for some time."
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