Supertankers to South Korea and China move through the Strait of Hormuz, signaling tentative progress in US-Iran diplomacy and a possible stabilisation of energy markets.

Traffic through the Strait of Hormuz was slightly higher last week, returning to levels in line with the average recorded since the start of the Middle East conflict after hitting…

Oil prices have fallen and Asian stock markets have risen. President Donald Trump has paused military strikes, sparking hopes for a deal to end the conflict. This development…