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Oil prices fall after report of breakthrough in US-Iran talks Oil prices fall after report of breakthrough in US-Iran talks

Oil prices fall after report of breakthrough in US-Iran talks

Oil prices fell after reports that the United States and Iran had reached a deal in principle, pending final approval from President Donald Trump. The move came as traders reacted to signs of progress in ceasefire-extension talks linked to the conflict that has disrupted shipping through the Strait of Hormuz. Brent crude, the global benchmark, dropped to a low of $93.36 a barrel from an earlier high of $98 before recovering to about $95.According to the report, officials had agreed an extended ceasefire and a 60-day pause to allow talks on Iran's nuclear programme to begin. The reported arrangement still... [Continue Reading]

360LiveNews 360LiveNews | 28 May 2026 16:00 LONDON
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US says it will penalise Iranian airlines as truce tensions rise US says it will penalise Iranian airlines as truce tensions rise

US says it will penalise Iranian airlines as truce tensions rise

The United States says it will move to block Iranian airlines from landing slots, refuelling and ticket sales, in a fresh sign of strain in the fragile truce with Tehran. US Treasury Secretary Scott Bessent said the measures were intended to intensify pressure on Iran and were linked to efforts to open the Strait of Hormuz. The announcement comes after both Washington and Tehran accused each other of violating an ongoing ceasefire following an exchange of fire.Mr Bessent said in a social media post that the US would be "shutting down both Iranian airlines' access to landing spots, refuelling, and... [Continue Reading]

360LiveNews 360LiveNews | 28 May 2026 15:30 LONDON
CENTCOM says Iran launched ballistic missile toward Kuwait, intercepted by Kuwaiti forces CENTCOM says Iran launched ballistic missile toward Kuwait, intercepted by Kuwaiti forces

CENTCOM says Iran launched ballistic missile toward Kuwait, intercepted by Kuwaiti forces

CENTCOM said Iran launched a ballistic missile toward Kuwait. The missile was successfully intercepted by Kuwaiti forces, according to the statement. The source frames the launch as recent Iranian aggression but provides no additional operational detail. It does not identify any damage, casualties, or follow-on strike activity. No timing, location within Kuwait, or further weapon details are given in the source text. The report is limited to the missile launch and interception. The available facts support a narrow military incident brief only. No broader attribution, motive, or escalation outcome is stated in the source. #CENTCOM #Kuwait #ballisticmissile #Iran #militaryincident Source:... [Continue Reading]

Breaking-360LiveNews Breaking-360LiveNews | 28 May 2026 13:02 LONDON
US strikes southern Iran, prompting retaliation against American base US strikes southern Iran, prompting retaliation against American base

US strikes southern Iran, prompting retaliation against American base

The United States struck southern Iran on Thursday, prompting retaliation from Tehran against a US military base. The exchange is described in the supplied material as the most serious clash since an April ceasefire began. It also comes as fighting threatens a fragile diplomatic push linked to the Strait of Hormuz.The confirmed account says the US carried out strikes in southern Iran, while Iran responded against an American base. The material does not identify the base that was hit, and it does not independently confirm the extent of any damage. It also says the confrontation drew in Kuwait, although the... [Continue Reading]

360LiveNews 360LiveNews | 28 May 2026 10:29 LONDON
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Iran says it is charging for navigational services in Strait of Hormuz Iran says it is charging for navigational services in Strait of Hormuz

Iran says it is charging for navigational services in Strait of Hormuz

Iran says it is collecting fees for navigational services in the Strait of Hormuz, while insisting it is not imposing tolls on ships using the strategic waterway. The claim has drawn a warning from five Gulf states, which have told shipping companies not to comply with Iran's designated route and regulatory zone. The dispute adds to tensions over one of the world's most sensitive maritime chokepoints.Iran's foreign ministry spokesman, Esmaeil Baqaei, said in a weekly briefing that the services being provided in the strait, including navigational support and environmental protection measures in the Strait of Hormuz, the Persian Gulf and... [Continue Reading]

360LiveNews 360LiveNews | 25 May 2026 11:00 LONDON
Fear the Shia, Arm the Sunnis: The Uncomfortable Numbers Behind America’s War Narrative

Fear the Shia, Arm the Sunnis: The Uncomfortable Numbers Behind America’s War Narrative

“When fear is managed carefully enough, a nation can be taught to look away from the blood on the floor and stare instead at the shadow on the wall.” A friend of mine, whose name I will not reveal because he asked me not to, sat across from me over dinner and placed a question on the table that would not leave me alone. He was born into a Muslim Shia background, and for the angle of this article, that detail matters, not because I wish to reduce a man to a sect, but because sect has become one of... [Continue Reading]

360LiveNews-Opinion 360LiveNews-Opinion | 23 May 2026 08:00 LONDON
The Great Uncoupling: Abu Dhabi’s Sovereign Gambit

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 360LiveNews-Opinion | 30 Apr 2026 09:50 LONDON
The Mirage of the Umbrella: The Shifting Sands of the U.S.-Israel-GCC Alliance

The Mirage of the Umbrella: The Shifting Sands of the U.S.-Israel-GCC Alliance

As I sat in a recent debate at the historic Carlton Club in London, listening to Faisal Abbas, the Editor-in-Chief of Arab News, I felt a tangible shift in the room, not because a new fact had been revealed, but because an old illusion had finally lost its last breath. The old-world order has not merely changed, it has evaporated, leaving the Gulf to realize it is no longer watching a distant fire from the safety of marble towers and air-conditioned ministries, but is instead standing directly inside the smoke. The GCC today is caught in a lethal crossfire between... [Continue Reading]

360LiveNews-Opinion 360LiveNews-Opinion | 29 Apr 2026 21:40 LONDON
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The Proving Ground, When “Decent” Reporting Meets High-Tech Warfare

The Proving Ground, When “Decent” Reporting Meets High-Tech Warfare

For two decades I have watched wars unfold not only on battlefields, but on screens. Today’s incident over Kuwait, involving the downing of a U.S. F-15 Strike Eagle, is not just another headline in the Iran conflict. It may be a signal that something larger is unfolding behind the noise. Iranian state outlets rapidly circulated imagery of an ejected pilot. Washington responded cautiously. But beneath the spectacle lies a deeper question, whose technology was truly being tested? The Gulf as a live-fire laboratory For years, China has refined export-ready variants of its air defense systems, particularly the HQ-9 family and... [Continue Reading]

360LiveNews-Opinion 360LiveNews-Opinion | 02 Mar 2026 09:36 LONDON
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