From certain angles, it might appear as if President Trump is having a tough month. He messed up the renovation of the Lincoln Memorial reflecting pool, which he blamed on acts of vandalism no one has been able to stand up. The supreme court rejected both his bid to appeal against the $5m (£3.8m) civil…
The price of Brent crude has reached its lowest since February 27, before the war started. Published On 25 Jun 202625 Jun 2026 Oil prices have extended their decline to levels last seen before the start of the Iran war, as expectations of rising supply from the Middle East outweighed demand concerns. Prompt-month Brent crude…
An Iranian court has sentenced an outspoken female singer to 74 lashes for performing at a concert without wearing a hijab, according to a family member and state media news reports. The punishment indicated a possible tightening of religious rules for women under an Iranian political order reshaped by war. The singer, Parastoo Ahmadi, was…
President Trump’s fragile agreement with Iran has introduced a new variable into this year’s midterm elections. Democratic candidates have assailed the agreement, arguing that the president accepted unfavorable terms to try to end an unnecessary war that hurt the economy. Republicans have been more divided. Some, eager to turn the page on the unpopular war,…
Officials from Iran and the United States are expected to begin the next phase of talks to end the war in the Middle East on Sunday at a remote, high-altitude resort in Switzerland beloved by Hollywood stars of yore. Bürgenstock is a mountain and home to the Bürgenstock Resort Lake Lucerne, overlooking the waters below….
Oil is trickling out of the Persian Gulf as stranded tankers take advantage of the fragile détente between the United States and Iran to cross the Strait of Hormuz. The preliminary deal signed this week by the two countries to try to end the war promised a formal reopening of the strait, a narrow waterway…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Accenture shares slumped to their lowest level since 2017 on Thursday after the consulting group cut its revenue forecasts, stoking investor fears that the rapid advance of AI is undermining traditional IT and outsourcing businesses….
Frank Bruni: Bret, you just wrote a compelling column calling President Trump’s truce with Iran less a deal than a debacle. I couldn’t agree more. But doesn’t it perfectly fit this presidency’s pattern? Trump blusters about restored American greatness — about our country being the “hottest” in the world, whatever that means — while making…
The preliminary U.S.-Iranian deal could lower fuel prices, but don’t expect cheaper flights anytime soon. The conflict caused jet fuel prices to nearly double, forcing airlines to operate fewer flights and raise fares. The framework deal American and Iranian officials are expected to sign on Friday would restore oil exports from the Middle East, but…
The Federal Open Market Committee approved the following statement for release by a 12 – 0 vote: Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained low, on average, and the unemployment rate has been little changed in recent months. Inflation is elevated, in part reflecting the…
