Iranian oil tankers exit blockade zone as talks approach
The first tankers carrying Iranian oil have exited a US blockade perimeter in the Strait of Hormuz, according to tracking data cited by a maritime monitoring site. The movement was reported two days before planned talks between Washington and Tehran in Switzerland on an agreed peace deal. The reported sailings were also linked to a fall in world oil prices as markets reacted to the prospect of the Strait reopening.The monitoring site said the development marked Iran's first crude oil exports in two months. It identified two National Iranian Tanker Company very large crude carriers, DIONA and HERO2, as having... [Continue Reading]
360LiveNews | 17 Jun 2026 05:29 LONDON
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Mondelez chief defends staying in Russia as Ukraine war taxes draw criticism
The chief executive of Mondelez has defended the company's decision to keep operating in Russia, saying it was the "right decision" after Moscow's full-scale invasion of Ukraine in 2022. Dirk Van de Put said the move was intended to protect thousands of jobs and avoid the risk of the Kremlin taking control of the company's local operations. He also acknowledged that he was "not pleased" that taxes paid in Russia are helping fund the war.Van de Put made the comments in an in-depth interview, where he said the company had tried to remain neutral in the conflict. He said Mondelez... [Continue Reading]
360LiveNews | 17 Jun 2026 01:00 LONDON
Strait of Hormuz reopening as Trump says route will be fully open by Friday
US President Donald Trump has said the Strait of Hormuz will be "totally re-opened" from Friday, as the United States and Iran prepare to formally sign a pre-agreement aimed at ending the war in the Middle East. The latest comments add a clearer timetable to a deal that both sides announced over the weekend, but which still leaves major questions unresolved. The signing is expected to take place in Geneva, Switzerland, on Friday.According to the confirmed details, the arrangement is being described as an initial ceasefire rather than a final peace settlement. The truce is meant to hold while negotiators... [Continue Reading]
360LiveNews | 16 Jun 2026 13:59 LONDON
Trump touts US-Iran ceasefire framework at G7 as Geneva signing nears
US President Donald Trump has said the conflict with Iran is now "finished" and warned that Tehran would face severe consequences if it tries to obtain a nuclear weapon. Speaking on the sidelines of the G7 summit in France, he said the ceasefire framework with Iran was a "wall to a nuclear weapon" and that the only issue that mattered to him was ensuring Iran never gets one. He also said the focus of US diplomacy would now shift to Ukraine, signalling that the Iran file is moving into a new phase.Trump said a memorandum of understanding between the US... [Continue Reading]
360LiveNews | 16 Jun 2026 12:59 LONDON
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Wall Street closes higher as AI chips, metals and crypto surge, while energy lags on oil slump
Executive summary: U.S. equities finished broadly higher, led by a sharp rally in AI and chip shares, a strong bid in metals, and gains across tech, small caps and financials. The standout move was SOXX, which jumped nearly 10%, while WTI crude fell sharply and energy stocks lagged. The session also saw Bitcoin, Ether and gold advance, underscoring a broad risk-on tone with a notable rotation away from energy. [Continue Reading]
11 skydivers and pilot killed in Missouri plane crash near Butler Memorial Airport
Eleven skydivers and a pilot have been killed after a plane crashed shortly after takeoff in the US state of Missouri. Officials said the aircraft, leased by a skydiving company, went down near Butler Memorial Airport in Bates County on Sunday morning. The crash happened about 200 yards from the airport after the plane failed to gain altitude and made a sharp left turn.A Bates County Emergency Management spokesperson said the aircraft took off at about 11:20 local time. The Federal Aviation Administration said the plane was a Pacific Aerospace P750 and confirmed it crashed while departing the airport. The... [Continue Reading]
360LiveNews | 14 Jun 2026 20:32 LONDON
Iran reportedly fortifies uranium stockpile sites with collapsed tunnels and mines
Iran has reportedly made access to part of its highly enriched uranium stockpile more difficult by collapsing tunnels and planting explosive mines around entrances at sites believed to hold the material. The development is said to centre on the Isfahan nuclear complex in central Iran, with additional quantities of uranium stored at other locations. It comes as the United States and Iran are said to be edging closer to an agreement aimed at ending months of conflict and addressing the future of Iran's enriched uranium.The report says the stockpile in question is roughly half a tonne of highly enriched uranium,... [Continue Reading]
360LiveNews | 13 Jun 2026 11:59 LONDON
Israeli and Palestinian groups press G7 for Gaza action ahead of Évian summit
Palestinian and Israeli civil society groups have met in Paris to urge G7 leaders to take action on Gaza at next week's summit in Évian-les-Bains. The groups called for a ceasefire, the disarmament of Hamas and the start of reconstruction in Gaza. They also said the various peace efforts should be brought together into a single programme.The Paris meeting drew up proposals from five working groups and brought together as many as 150 activists from across the Israeli-Palestinian divide. In a joint statement, the groups said Gaza was devastated and Israel remained under threat. They also said settler violence, settlement... [Continue Reading]
360LiveNews | 12 Jun 2026 17:32 LONDON
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UK defence funding row deepens after second ministerial resignation
The UK government is facing a deepening row over defence funding after armed forces minister Al Carns resigned on Thursday evening. His departure followed the earlier resignation of former Defence Secretary John Healey, who quit over the same dispute with Prime Minister Sir Keir Starmer about the military funding plan. The resignations have intensified pressure on the government as it tries to finalise its defence investment plan.Carns said in his resignation letter that the government's defence investment plan was "neither transformative enough nor sufficiently funded". He had only hours earlier suggested he might wait until the plan was finalised before... [Continue Reading]
360LiveNews | 11 Jun 2026 23:29 LONDON
The Great Uncoupling: Abu Dhabi’s Sovereign Gambit
The UAE’s decision to cut ties with OPEC is far more than a mere adjustment of energy policy, for it functions as a political telegram written in barrels and sent directly to the heart of the global order. For nearly six decades, Abu Dhabi operated within the rigid architecture of producer discipline, where it accepted the rituals of quotas, the formality of communiqués, and the heavy burden of collective restraint. It played the long game of oil diplomacy with a patient hand, balancing its own massive national ambitions against the gravity of cartel discipline and the delicate logic of Gulf... [Continue Reading]
360LiveNews-Opinion | 30 Apr 2026 09:50 LONDON
