Oil slumps on hopes of Iran deal

Oil prices ​skidded, and stocks wobbled on Monday as hopes of ​a peace deal in the Middle East grew, while the yen jumped suddenly again after the U.S. and Japan confirmed joint in…

US, Japan coordinated to stabilize the yen

The United States and Japan coordinated to intervene in the currency markets to stabilize the weakening yen last week, a rare move that last occurred more than a decade ago.Preside…

Iran says close to a Hormuz deal with Oman

Tehran: Iran said on Sunday that it was nearing a deal with Oman over a new route through the Strait of Hormuz, hours after the US called off major strikes to allow for diplomacy.N…

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