Global Oil Prices Rise as Fresh U.S. Strikes on Iran Cast Shadow Over Trump's Promised Peace Deal
The fresh strikes from the U.S., and the warning Iran issued in return, have brought renewed instability to the markets.

Israel is also continuing its attack on Lebanon in what journalist Negar Mortazavi says is an effort to undermine talks.
The fresh strikes from the U.S., and the warning Iran issued in return, have brought renewed instability to the markets.
Iran has repeatedly insisted that a deal must include Lebanon, while Israel has demanded otherwise.
On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss peace negotiations between the US and Iran. On today's show, former State Department official Heather Conley, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino, BGR Group Principal Lester Munson, Lockheed Martin President Tim Cahill and Texas Politics Project Director James Henson. (Source: Bloomberg)
US and Iranian forces clashed near the Strait of Hormuz overnight, even as they tout progress toward an interim peace deal. (Source: Bloomberg)
The US will reduce the number of aircraft and warships available to NATO allies during times of crisis, according to a new report.
Iran said Tuesday that it would retaliate against violations of its ongoing ceasefire agreement, after US Central Command on Monday confirmed that it had launched strikes on Iranian vessels.
A lack of security clearance didn’t stop a former U.S. official from spouting off on negotiations in Iran, including his hopes to see them “break down” as […]
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