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US and Iranian negotiators held talks in Doha focused on the Strait of Hormuz, where the US urged Iran to abandon demands to levy transit fees, saying such a move could scupper a more favorable US‑Iran deal. A US Middle East envoy and senior adviser

2026-07-02

US and Iranian negotiators held talks in Doha focused on the Strait of Hormuz, where the US urged Iran to abandon demands to levy transit fees, saying such a move could scupper a more favorable US‑Iran deal. A US Middle East envoy and senior adviser Jared Kushner met Qatar’s prime minister and other Qatari mediators Tuesday and met the emir Wednesday. A US official said Washington told Iran that full sanctions relief would allow Iran to earn roughly 100 times more from unfettered oil and resource sales than it could by charging transit fees.

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2026-07-01

Hyundai's US CEO: Hyundai will increase hybrid vehicle production at its Savannah plant.

Hyundai's US CEO: Hyundai will increase hybrid vehicle production at its Savannah plant.
2026-07-01

After the Supreme Court blocked President Trump’s attempt to remove Fed governor Cook, Fed Chair Kevin Warsh said the Fed has operated independently and will continue to do so and will abide by the court’s decision. He said he trusts Article III judg

After the Supreme Court blocked President Trump’s attempt to remove Fed governor Cook, Fed Chair Kevin Warsh said the Fed has operated independently and will continue to do so and will abide by the court’s decision. He said he trusts Article III judges and the rule of law, that the ruling reaffirms the Fed’s commitment to impartial execution of its duties, and that the Fed will pursue reform goals and deliver Congress’s mandate to achieve price stability under the dual mandate — adding that if it achieves price stability, there is no need to fear political or judicial interference and the central bank can remain focused on its tasks.
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