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Oil prices tumbled more than 11% after Iran declared the Strait of Hormuz open amid a ceasefire deal with Lebanon.
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The Strait of Hormuz has remained almost completely closed as the U.S. and Iran have disputed the terms of their ceasefire agreement.
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Amid conflicting reports about the situation in the strait, European leaders gathered on Friday to coordinate a plan to guard it.
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The halt to weeks of fighting is being celebrated in Lebanon, but it will be difficult to ensure it lasts.
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But analysts said it was not clear how quickly the oil industry in the Persian Gulf would be able to get back to normal.
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President Trump welcomed the announcement, but U.S. officials said the naval blockade on vessels leaving from and going to Iranian ports remains in effect.
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Tens of thousands of people are expected to attend matches at MetLife Stadium in New Jersey this summer, but most will not be allowed to drive there.
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Pope Leo XIV is on his third day in Cameroon before he heads to Angola on Saturday.
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Former Arsenal defender Martin Keown pays tribute to his old friend and former Gunners team-mate Alex Manninger, who has died at the age of 48.
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Kinahan, in his 40s, was arrested in Dubai on foot of an arrest warrant issued by the Irish courts.
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Howard Lutnick, President Trump's commerce secretary, derided Canada's trade strategy and said a North American deal needed to be reworked.
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The PM is facing calls to resign over the revelation that Lord Mandelson did not pass security checks.
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Some kind of diplomatic progress is now under way, but is it enough to prevent a return to war?
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South Yorkshire Police say a woman in her 30s has been arrested following Nyla May Bradshaw's death.
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The pause in fighting would remove a major hindrance to the U.S.-Iran peace talks, if it holds.
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The federal judge's decision continues to block above-ground construction on the $400 million White House ballroom, allowing only below-ground work on a bunker and other "national security facilities" at the site.
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The remains of 14-year-old Celeste Rivas Hernandez were found in the singer's car last year.
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Prime Minister Keir Starmer appears to have been kept in the dark repeatedly over Peter Mandelson, the Jeffrey Epstein associate — fueling an image of weakness.
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Producers and the cultural authorities hope that technology can overcome a language barrier and take the country's shows to the world.
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S&P 500, Dow Jones and Nasdaq all climbed in morning trading, as stocks run toward the finish of a third straight week of big gains. Brent crude oil, the international standard, dropped to about $86 US a barrel — still higher than the $70 before the Iran war, but lower than it has been in recent weeks.
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A White House spokesperson told CNBC the administration had been working with industry leaders to mitigate disruption brought about by the conflict.
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Democrats may win a vote to give their party more House seats, but they are growing anxious — in part because of dueling TV ads that might confuse voters about where the former president stands.
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An NPR analysis shows how immigrants' attempts to live or work legally in the U.S. are caught in a bureaucratic morass.
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Ten Republicans voted alongside Democrats, in a rebuke to the Trump administration's immigration policies. Should it pass the Senate, the White House said President Trump would veto the measure.
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The pause in the fighting between Israeli forces and Iranian-allied Hezbollah militants may help smooth the way to a peace deal between the U.S. and Iran.
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The 21-year-old Houston-born singer, whose real name is David Burke, had been under a secret investigation by an LA County grand jury after a 14-year-old girl's decomposed body was found in his car.
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The donations, from the philanthropist Connie Ballmer and an anonymous donor, will support the network's long-term strategy.
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"We don't need or want a secret police station in our great city," said Breon Peace, the US attorney for the Eastern District of New York on Monday -- expressing the likely feeling of many Americans at the news that the FBI has arrested two alleged agents for the Chinese government accused of working to harass and silence its critics in the US.
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