Widespread UN sanctions against Iran have been reinstated after nuclear talks with Western powers failed, impacting Iran's economy and escalating tensions, though diplomatic efforts continue.
Oil prices remain stable as traders evaluate the impact of EU sanctions on Russian oil exports, potential effects of US tariffs on demand, and ongoing Iran nuclear negotiations, with market expectations ranging between $64 and $70 per barrel.
Oil prices surged over 5% due to escalating tensions in the Middle East, with the US authorizing the departure of military dependants amid fears of conflict, as diplomatic efforts with Iran face uncertainty and regional instability increases.
The US is evacuating non-essential staff from its Baghdad embassy due to increased security risks amid stalled Iran nuclear negotiations and rising regional tensions, which have also impacted oil prices and prompted military withdrawals across the Middle East.
The US is reducing nonessential personnel at its Baghdad embassy and other regional locations amid rising tensions in the Middle East, particularly related to Iran's nuclear program and ongoing diplomatic impasses, with concerns about potential escalation and instability.
US President Trump urged Israeli Prime Minister Netanyahu to end the Gaza war and stop discussing attacking Iran, amid ongoing ceasefire talks and regional tensions, highlighting growing US-Israel disagreements over military and diplomatic strategies in the Middle East.
The article covers recent developments in U.S. politics, including President Trump's decision to withdraw Jared Isaacman's NASA nomination due to past Democratic donations, ongoing trade tensions with China and tariffs, and the U.S. proposal to Iran for nuclear negotiations amid concerns over Iran's uranium stockpile surge. It also highlights legal challenges to Trump's use of wartime laws for deportations and updates on other political and diplomatic issues.
President Trump warned Israeli Prime Minister Netanyahu not to take actions that could jeopardize ongoing negotiations between the U.S. and Iran on a nuclear deal, emphasizing the importance of diplomatic solutions and expressing optimism about the progress of talks, while Israel prepares for potential military action.