U.S. and Iran talks signal progress in the West Asia truce, easing tensions and stabilising oil markets, while global economies watch closely for lasting peace and supply recovery.

U.S. and Iran talks signal progress in the West Asia truce, easing tensions and stabilising oil markets, while global economies watch closely for lasting peace and supply recovery.

China urges the swift reopening of the Strait of Hormuz to safeguard global oil supplies, ease trade disruptions, and strengthen regional stability.