Oil prices tumbled more than $4 a barrel on Monday after US President Donald Trump held off on a fresh attack on Iran, seeking to reach a quick deal that would reopen the Strait of Hormuz. Brent crude futures slid $4.49, or 5.11 per cent, to $83.44 by 0408 GMT while US West Texas Intermediate…
At ski resorts across the West this winter, viral images showed chairlifts idling over brown terrain in places normally renowned for their frosty appeal. Iconic mountain towns like Aspen, Colorado, and Park City, Utah, were seen with shockingly bare slopes, as the region endured a historic snow drought that experts warn could bring water shortages…
8m ago Iran says it struck two tankers under U.S. “aerial escort” in the Strait of Hormuz Iran’s paramilitary Revolutionary Guard Corps said Friday that it had hit two tankers trying to pass through the Strait of Hormuz under an “aerial escort” of the U.S. military. The IRGC said the “non-compliant oil tankers ……
Billings, Montana — David Cifaldi and his two hiking companions were crossing Montana’s ominous Froze-to-Death Plateau and approaching the top of the state’s highest peak when their adventure took a bizarre and dangerous turn: Cifaldi slipped and impaled himself on his trekking pole as he fell. The 44-inch steel-tipped pole passed through the flesh beneath…
The Consumer Price Index rose 2.4% in January from a year ago, below economists’ forecasts and a sign that price pressures across the U.S. are easing. By the numbers The CPI was expected to rise 2.5% on an annual basis last month, according to economists polled by financial data firm FactSet. The January CPI represents…
The Consumer Price Index rose at an annual rate of 2.4% in February, unchanged from the prior month and representing a cooler pace than economists had forecast. The Labor Department data captures the period before the Iran war broke out in late February. Since then, oil prices have surged, driving inflation concerns among investors. “Inflation was starting to ease in…
Deputy Prime Minister and Foreign Minister Ishaq Dar on Tuesday said the government was “confident” that trade between Pakistan and the United States could double to $20 billion over the next five years. Dar made the remarks while addressing a delegation of US congressmen and businessmen in Islamabad. The gathering included US congressmen Ryan Zinke…
Iran passed another night without US airstrikes between Saturday and Sunday, as Washington paused a war nearing its fifth month and reports emerged that concerns over dwindling munitions were restraining plans for further escalation. The lull has revived hopes of a return to negotiations after nearly two weeks of consecutive nightly US bombardments, although US…
Houthi rebels claimed a missile strike on Saudi Arabia on Saturday, hours after vowing to retaliate against the kingdom for attacks as the Middle East conflict expanded. Riyadh struck Houthi military targets in Hodeida on Friday, with rebel media reporting two wounded after the Yemeni group announced a maritime blockade of the top oil producer…
Deputy Prime Minister and Foreign Minister Ishaq Dar said on Friday that durable peace and stability in the region can only be achieved by eliminating the threat of terrorism emanating from neighbouring Afghanistan. “Durable peace, stability and economic development can only be achieved with the eradication of the menace of terrorism emanating from Afghan soil,”…
