Oil prices fall, stocks rally as US, Iran sign framework to end war
Brent crude drops 2.3 percent, while key stock indices in Japan, South Korea and Taiwan climb.
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Trump administration seeks to halt air pollution lawsuit against Musk’s xAI
US Department of Justice claims NAACP lawsuit threatens ‘national, economic, and energy security’.
US fuel prices to take ‘months’ to normalise after US-Iran deal to end war
Producers will need time to ramp up output, while port bottlenecks and heightened demand will keep US prices up.
US stock market jumps as US-Iran deal stirs hopes for end to energy turmoil
Benchmark S&P 500 rises 1.7 percent, while tech-heavy Nasdaq jumps 3.1 percent.
Robinhood slashes workforce by 10 percent amid restructuring
CEO Vlad Tenev said while the firm is in a strong financial position, it has been a ‘heavily-layered organization’.
Japan’s central bank raises interest rates to highest level since 1995
Bank of Japan hikes benchmark rate to 1 percent, continuing shift away from decades of ultra-low borrowing costs.
From: NewsFeed
Qatar’s Emir hails Iran deal and touts US investments in Trump meeting
Qatar’s Emir hails Iran deal and touts US investments in Trump meeting.
Published On 16 Jun 2026
Britain announces sweeping social media ban for under-16s
PM warns social media platforms are exposing children to content that is ‘dangerous’ and ‘designed to be addictive’.
US judge dismisses Musk’s xAI trade secret lawsuit against OpenAI
The lawsuit originally filed in September focused on broader alleged misappropriation of confidential information.
As deal is agreed with US, not all in Iran are convinced that peace is here
Iranians are sceptical that a US-Iran agreement will end their hardships.
Seafarers’ advocates welcome US-Iran deal after months-long limbo in Gulf
Some 20,000 crew members have been stranded for months amid the closure of the Strait of Hormuz.
