The US Senate has voted on a war powers resolution seeking to decide whether US military action against Iran should continue, although largely symbolic.
Donald Trump has threatened to attack Iran again, shortly after high-level talks began between the US and Iran in the Swiss mountain resort of Bürgenstock.
US Vice President JD Vance has left for Switzerland for talks with Iran after days of uncertainty, while Tehran says the Strait of Hormuz is closed again.
The supply of oil and gas may normalise within months if a Middle East peace deal holds, but lag effects may still push the cost of food and building materials higher.
Donald Trump has lashed out at critics of his Iran peace deal, as he points to record stock market highs and tumbling oil prices as proof the agreement is working.
US Vice President JD Vance has announced the official start of the next phase of negotiations with Iran following the conclusion of a framework agreement.
Donald Trump and Iran’s President have shocked the world, rushing through a digital, remote signing of their memorandum of understanding to end the war.