Oil prices ease as Trump postpones planned strike on Iran
US President Donald Trump has said he is postponing a planned attack on Iran after requests from Gulf leaders and amid what he described as serious negotiations with Tehran. The announcement, made on social media on Monday, came as traders reacted to the reduced risk of an immediate military escalation in the Gulf. Brent crude and West Texas Intermediate both fell after the comments, reflecting a quick market response to the change in tone.According to the supplied material, Brent crude dropped 1.33% to $110.61 a barrel, while West Texas Intermediate futures fell 0.91% to $103.43. Trump said the strike had... [Continue Reading]
360LiveNews | 19 May 2026 08:29 LONDON
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US crude futures fall more than 2% after Trump pauses planned Iran attack
US crude futures fell more than 2% in early Asian trade on Tuesday after US President Donald Trump said he had paused a planned attack on Iran to allow negotiations to end the war in the Middle East. At 2212 GMT, the most active July West Texas Intermediate contract was down $2.08, or 2.02%, at $102.34 per barrel. The front-month contract was down $1.54, or 1.42%, at $107.12. The report said the July contract had risen more than 3.1% in the previous session before the reversal. It also noted that the June contract is set to expire on Tuesday. The... [Continue Reading]
Breaking-360LiveNews | 19 May 2026 01:00 LONDON
Tokyo and Asia-Pacific Close Lower as Yields, Oil and FX Pressure Risk Assets
Executive summary: Asia-Pacific equities finished broadly lower in Tokyo trade, with the Nikkei 225, Hang Seng, Kospi and ASX 200 all under pressure as higher oil, a firmer dollar and rising bond-yield concerns weighed on sentiment. Gold, silver and platinum also fell sharply, while natural gas and WTI crude moved higher. The move points to a market still sensitive to inflation, rates and currency swings, with Japan’s weaker yen adding another layer of complexity. [Continue Reading]
Australia's ASX set to open lower as Wall Street falls and oil rises
Australian shares are set to start the week lower, with futures pointing to a 0.4% fall in the ASX 200 on Monday. The weaker opening comes after sharp declines on Wall Street in the previous session, when both major US indexes fell from record highs. The Australian dollar is also down, adding to the cautious tone in early trading.The move in futures was reported ahead of the local market open on 18 May, with the ASX 200 described as having had a difficult May so far. The index is said to be virtually flat for the year to date, down... [Continue Reading]
360LiveNews | 17 May 2026 22:29 LONDON
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The Glass Elevator to Nowhere: A World Trapped in a Chocolate Factory
As a journalist in my mid-fifties, I thought my skin had thickened to the point of being impenetrable. I have covered the rise and fall of regimes, the grinding gears of the Cold War's leftovers, and the digital revolutions that promised to unite us. I thought I had seen every trick in the political playbook. Then came Donald Trump’s 2026 foreign policy, and I realized I was not watching a statesman; I was watching a child play with a chemistry set he does not understand. The Willy Wonka of the West: Rule by Whim Walking into a press briefing lately... [Continue Reading]
360LiveNews-Opinion | 02 Apr 2026 09:44 LONDON
