“We will not allow the Iranian government to increase its oil revenue for the purpose of reconstituting its armed forces and military capabilities,” Treasury Secretary Scott Bessent said in a release

Gold futures drop to ₹1.57 lakh/10g as US strikes on Iran boost dollar demand and trigger market volatility.

Iran state TV said an unofficial US-Iran framework proposes restoring Strait of Hormuz shipping and easing regional tensions after the conflict.

Donald Trump said Iran wants a deal with the US but negotiations are not yet satisfactory, warning of further action if no agreement is reached.

Tehran’s closure of key oil chokepoint after US-Israel war triggers global economic concerns

US and Iran reportedly agree to extend ceasefire by 60 days, but Trump is yet to approve the deal amid rising pressure from Iran hawks and nuclear concerns.

Oil futures fell slightly on hopes for a potential deal to extend a U.S.-Iran ceasefire, although remarks from Vice President JD Vance that the nations were “close” to reaching…

“We will not allow the Iranian government to increase its oil revenue for the purpose of reconstituting its armed forces and military capabilities,” Treasury Secretary Scott…

Gold edged higher on Friday as investors assessed reports of a U.S.-Iran ceasefire deal amid growing concerns around inflation and U.S. interest rate hikes.

IMF and World Bank warn West Asia war is straining energy supplies, impacting vulnerable economies through rising fuel prices.