Oil prices rise after US and Iran exchange fire in Hormuz strait
US President Donald Trump says the ceasefire between Washington and Tehran is still in place.
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US President Donald Trump says the ceasefire between Washington and Tehran is still in place.
Through surging profits or soaring share prices, the war has been a boon for some firms.
Through surging profits or soaring share prices, the war has been a boon for some firms.
US President Donald Trump said the ceasefire between Washington and Tehran is still in place.
Iran accuses the US of violating the truce, alleging it targeted an oil tanker and carried out attacks on coastal areas.
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Finance Minister Lars Klingbeil blamed the US president's "irresponsible war in Iran" for harming the Germany economy.
Finance Minister Lars Klingbeil blamed the US president's "irresponsible war in Iran" for harming the Germany economy.
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The energy giant's profits jump by nearly a quarter as it benefits from the recent volatility in the oil price
The energy giant reports profits of $6.92bn for the first three months of the year.
Mediator Pakistan says it is "endeavouring to convert this ceasefire into a permanent end to this war".
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The White House reportedly believes it could be closing in on a 14-point memorandum of understanding with Iran.
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There are signs of fresh momentum to end the war, but Trump himself has injected a note of caution.
There are signs of fresh momentum to end the war, but Trump himself has injected a note of caution.
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Reports have raised hopes of an agreement between the US and Iran after days of escalation.