Channels TV· 1h ago· 1 min read
Brent crude slid 5.2% to about $92 a barrel on Monday, while U.S. crude dropped 5.4% to $84.45 as a pause in tit-for-tat strikes between the US and Iran boosted hopes for a return to their ceasefire and negotiations on reopening the Strait of Hormuz.
After 13 days of attacks on sites in the Islamic republic, the United States held fire over the weekend, and Donald Trump’s UN envoy said the US president was “giving talks some space”.
Tehran in turn said it would stop its retaliatory attacks on regional neighbours, handing Gulf shipping and the oil industry a respite.
The two resumed hostilities this month, breaking a fragile truce, after Iran attacked ships passing through Omani waters in the Strait of Hormuz, sparking a pattern of escalation.
In this handout picture provided by the Iranian presidency, Iran’s President Masoud Pezeshkian (R) meets with…
Continue reading at Channels TVDiscussion
Be the first to comment.
Never miss a headline
Get breaking Nigerian and world news straight to your inbox.
Related Articles
₦30bn primary spending killing Nigeria’s democracy – Falana
15m ago
Read MoreCourtois welcomes Van Bommel’s appointment as Belgium coach
17m ago
Read MoreNeymar scores twice, mocks critics on Santos return
21m ago
Read MoreCooking gas price sustains decline in parts of Nigeria
22m ago
Read More2027: Ex-VON DG urges INEC chairman to conduct credible elections
22m ago
Read More2027: Tinubu will surely beat Atiku, Jonathan, others – Nataro
24m ago
Read MoreLatest in Top Stories
REFORMS: Tax Ombud steps in to protect taxpayers, rebuild public trust
Vanguard · 14m ago
Once you join APC, corruption allegations disappear – Peter Obi
Daily Post · 16m ago
Forced prostitution: Concerns as trafficked Nigerian girls share chilling stories
Daily Post · 17m ago
Access Bank unveils App to support SMEs
Vanguard · 18m ago
Tennis: Korpatsch wins WTA title at home in Hamburg
Blueprint · 18m ago
Female referee injured in melee during friendly
Blueprint · 19m ago
Singapore Tightens Monetary Policy As Iran War Drags
Channels TV · 19m ago
Teenager Tagger takes first tour title in Prague
Blueprint · 20m ago
Most Read Today
Super Falcons unveil new 10-star jersey before WAFCON 2026 opener
Legit.ng · 2d ago
Dyson V10 Konical Review (2026): Affordable and Solid
Wired · 5d ago
Gehgeh officially weds lover despite bad advice against marriage [VIDEO]
Daily Post · 22h ago
Pay raises keep shrinking. Here’s how much smaller they’ll be next year.
MarketWatch · 2d ago
See details for Kansas Athletics’ new-look Late Night in the Phog
Yahoo Sports · 3d ago
Nigerian soldiers should earn ₦250,000 monthly — Retired general
Punch · 22h ago
White House Rushes to Trump’s Defense After Alan Ritchson Torches President Over Epstein Files
Rolling Stone · 2d ago
Osun guber: Ekiti Accord candidate mobilises support for Adeleke
Nigerian Tribune · 4d ago