Global Headlines

Oil swung in choppy trading with investors’ hopes buoyed that the US and Iran are closing in on a peace deal that could lead to the imminent resumption of flows through the vital Strait of Hormuz.

Hopes for a diplomatic way out of the war in Iran spurred a bounce in stocks and bonds as oil dropped on speculation that a deal would revive energy flows through the vital Strait of Hormuz.

Bloomberg's Jack Ryan joins Scarlet Fu on "Bloomberg Markets." Gold declined on persistent concerns that elevated energy prices stemming from the ongoing Middle East conflict may force central banks to keep interest rates higher for longer. (Source: Bloomberg)

Alifia Doriwala, co-chief investment officer at RockCreek, joins Scarlet Fu on "Bloomberg Markets." A standoff between the US and Iran over key issues lifted oil prices, dragging down stocks and bonds on concern that a prolonged closure of the Strait of Hormuz could worsen energy disruptions and fue

Airbus SE and Air France were found guilty of involuntary manslaughter in the deadly crash of a passenger jet en route to Paris from Rio de Janeiro 17 years ago after a French appeals court overturned a previous ruling.

The court, however, makes oral observations that the TMC leader’s remarks were uncalled for

Congress likely to convene a meeting of its legislators, defeated candidates and former legislators for a meeting on May 24