Oil prices surge as talks stall over competing demands, hampering prospects for reopening crucial strait.
This is a short WorldPing brief. The full report was published by Al Jazeera.
Read the full report at Al JazeeraU.S. oil had risen as much as 3% earlier in the day after President Donald Trump demanded that Iran pay reparations to the U.S.
Brief by WorldPing · Original reporting by CNBC World
Oil traders keep clinging to hope that the Strait of Hormuz will reopen. That won't last forever.
Brief by WorldPing · Original reporting by CNBC World
President Trump signaled he would be piling economic pressure on Iran as the stalemate continued and Tehran laid out new conditions to reopen the Strait of Hormuz.
Brief by WorldPing · Original reporting by CBS News
WorldPingAmid the extreme heat this summer, France is also grappling with an exceptional drought. Two thirds of ground water levels are currently below normal and around 70% of the country has been placed under 'water restrictions' to help preserve supplies.
Brief by WorldPing · Original reporting by France 24
WorldPingAt least 169 people are dead and a state of emergency has been declared after Colombia was hit by one of its largest earthquakes in years.
Brief by WorldPing · Original reporting by BBC News
U.S. President Donald Trump has claimed that the U.S. Navy has "100%" control of the Strait of Hormuz. Markets don't think so.
Brief by WorldPing · Original reporting by CNBC World
WorldPing