Energy firms brace for 'new era' despite Hormuz deal
Oil and gas majors have high hopes for a quick reopening of the Strait of Hormuz, but they have few illusions about a return to normal for the Gulf energy industry after more than three months of blockage.
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Why is Pakistan involved in a US-Iran peace deal?
Pakistan has played a key role in efforts to halt war between Iran and the United States, with Prime Minister Shehbaz Sharif announcing a deal and "immediate and permanent" end to military operations this week.
Read moreEuropean stocks extend gains, oil falls on US-Iran deal
European stock markets extended gains and oil prices fell further on Tuesday, buoyed by the US-Iran peace deal and the expected reopening of shipping through the Strait of Hormuz.
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Russian oil producer rations fuel as Ukraine attacks bite
Russian oil producer Tatneft has introduced fuel rationing at hundreds of petrol stations across the country, AFP learnt on Tuesday, as increased Ukrainian attacks hit Russia's refining capacity.
Read moreEU clears major hurdle on US tariff deal
The European Parliament gave a final sign off on Tuesday to a tariff deal with the United States as the EU seeks to close a volatile chapter of transatlantic trade relations.
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US military to build war-ready stockpile in Australia: documents
The US military is planning a permanent war-ready weapons stockpile for its Marine Corps on Australia's southeast coast beyond the range of most Chinese missiles, tender documents show and officials confirmed to AFP.
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Trump says Russia 'should make a deal' with Ukraine
US President Donald Trump said Tuesday that "Russia should make a deal" to end its war against Ukraine, after meeting Ukrainian President Volodymyr Zelensky at the G7 summit in France.
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Serena Williams to play doubles with sister Venus at Wimbledon
Serena Williams will play at Wimbledon for the first time since 2022 after the American legend was given a wildcard to play the doubles event with her sister Venus on Tuesday.
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Mideast war peace deal boosts German investor morale
German investor confidence jumped sharply in June, a key survey showed Tuesday, as the outlook improves for Europe's biggest economy following the announcement of a US-Iran peace deal.
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Iran says talks on final US deal to begin this week
Iran said Tuesday that talks with the United States on its nuclear programme and sanctions relief would likely begin later this week, as President Donald Trump said the Strait of Hormuz would "completely open" once the foes sign their deal.
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