US to release $12 billion in frozen Iranian funds
Iran’s top negotiator Mohammad Bagher Ghalibaf says an agreement has been reached with the US to release $12bn in frozen Iranian funds.
Gold advances after negotiators flag headway in US-Iran talks
Bullion climbed as much as 1.6% to top $4 220 an ounce, wiping out a loss from last week, after Qatar and Pakistan said in a joint statement that “encouraging progress” was made in a first round of high-level peace negotiations in Switzerland.
World Cup predicted to spark $45B global economic boom — like ‘Taylor Swift effect’
The 2026 FIFA World Cup is shaping up to be one of the biggest economic events in modern sports history — and the financial impact could make Taylor Swift’s blockbuster Eras Tour look small in comparison.
Zimbabwe fuel prices drop below US$2 as global oil falls, US-Iran tensions ease
The Zimbabwe Energy Regulatory Authority (Zera) has lowered the price of fuel to US$1.99 per litre for diesel (50) and US$1.98 for blend (E20) after the fall in global oil prices following the US-Iran ceasefire agreement.
Top 10 African countries with the lowest fuel prices in June 2026
The significance of cheap fuel costs for African countries was highlighted by the recently concluded conflict in the Middle East between the United States and Iran.
Trump, Pezeshkian sign US-Iran MoU to end war, reopen Strait of Hormuz
US President Donald Trump and Iran’s President Masoud Pezeshkian have electronically signed a memorandum of understanding to end the US and Israel’s war on Iran.
Zim central bank shrugs off US-Iran war disruptions, maintains 5pct economic growth target
The Reserve Bank of Zimbabwe (RBZ) has shrugged off disruptions by the US-Iran war, maintaining its 2026 economic growth target at five percent.
US, Iran prepare for deal signing
The US and Iran are preparing to formally sign an interim peace deal that has left both sides claiming victory, with details of the accord still emerging and energy insiders skeptical of how fast it can reopen the Strait of Hormuz.
Iran war tightens industrial metals supply outlook
A major squeeze is emerging across industrial metals markets as the ongoing US-Israeli war against Iran compounds structural supply shortfalls, said the Financial Times on Thursday. This could keep prices elevated for years, the newspaper added, citing analysts.
Iran will have to leave US hours after every World Cup match, official says
United States officials have confirmed that Iran’s team will have to leave the country within hours of the full-time whistle at their World Cup group games in Los Angeles and Seattle.