Iran examines new US proposal to end the Middle East war, as President Donald Trump describes talks as being on the ‘borderline’ between a deal and renewed strikes.
US President Donald Trump says that he is ready to move ‘very quickly’, declaring Iran a defeated nation as he readies to get 1600 oil tankers out of the Strait of Hormuz.
THE ECONOMIST: Many hoped to return once the hostilities ceased. As these drag on, however, plenty are casting around for a new, more peaceable bolt-hole. Where are they headed? And will they ever return?
Oil prices jumped, stocks tumbled, and bond yields spiked as markets contended with persistent supply disruptions in the Middle East and the absence of meaningful breakthroughs at the summit in Beijing.