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Stocks Slip as Oil Prices Rise on Uncertainty Over US-Iran Ceasefire Talks

By  STAN CHOEWednesday April 22, 2026 Wall Street and oil markets lurched back and forth Tuesday as investors tried to gauge what comes next after the ceasefire in the war with Iran, which was due to expire Wednesday. The S&P 500 surrendered an early gain and finished 0.6% lower after U.S. Vice President JD Vance canceled a planned trip to Pakistan, where he had been expected to lead American negotiators in talks with Iran aimed at extending the truce. The Dow Jones Industrial Average fell 293 points, or 0.6%, after at…

Tensions rise ahead of US-Iran ceasefire talks in Pakistan

Saturday April 11, 2026 Police officers walk towards bus for their deployment in Islamabad, Pakistan before planned US-Iran ceasefire talks With negotiators already on the move, the next round of US-Iran ceasefire talks has been plunged into fresh uncertainty. The United States delegation has left for Saturday’s planned discussions in Islamabad, Pakistan, while Iran’s government says its representatives have already landed. Yet even before the two sides sit down, Friday brought a new burst of friction that cast a shadow…

Oil prices rise as traders monitor fragile US-Iran ceasefire

Osmond ChiaBusiness reporterThursday April 9, 2026 Oil prices climbed in Asian trading on Thursday as markets tracked the increasingly shaky US-Iran ceasefire and what it could mean for shipments through the Strait of Hormuz. The two-week truce, already described as conditional, came under fresh pressure after Israel carried out a series of deadly strikes in Lebanon, drawing a warning from Tehran of a "regret‑inducing response" if the attacks go on. Oil prices plunged on Wednesday after the announcement of the agreement…

Tanzania President Cuts Motorcade, Orders Officials to Use Buses as Fuel Prices Rise

DAR ES SALAAM, Tanzania — President Samia Suluhu Hassan has moved to sharply reduce the size of her presidential motorcade and ordered government officials to share bus transport, a public austerity step aimed at cutting fuel use as Tanzania feels the strain of a global energy crisis. At a swearing-in ceremony at State House on Wednesday, Hassan said her usual convoy of more than 30 vehicles would be trimmed to four: her lead car, a police escort and a backup security unit. "From now on, wherever I go, all officials will…

Iran’s wartime executions rise with killing of protester

Iran has carried out another execution tied to the nationwide protests in January, deepening fears among rights groups as the number of people they describe as political prisoners put to death continues to rise amid the war against Israel and the United States. Ali Fahim, 23, was executed after being convicted over an attack on a Tehran base used by the Revolutionary Guards' Basij militia during the unrest, according to rights groups that have tracked the case. The judiciary's Mizan Online website called him "one of the…

Somalia’s Southwest state accuses federal government of using Turkish-trained forces as tensions rise

Monday March 30, 2026 Mogadishu (AX) — Somalia’s Southwest State on Sunday accused the federal government of turning Turkish-trained troops and military hardware donated by Türkiye against its own regional administration, a claim that adds fresh fuel to an already volatile political and security standoff. In a statement, the Southwest State presidency said forces trained by Türkiye for counterterrorism missions had been deployed in an operation directed at the regional leadership. It also alleged that Turkish drones were…

Concerns Rise Over Somalia Ports Minister’s Social Media Posts Fueling Civil War

MOGADISHU, Somalia — Alarm is growing over a string of social media posts by Somalia’s ports and maritime transport minister, Abdulqadir Mohamed Nur, with critics warning that the messages could deepen political tensions and even help trigger conflict in the Southwest state. Over the past several days, Nur has used Facebook to comment on the movement of national army units, including posts saying when troops would arrive in Baidoa and claiming that some areas had already been secured. The remarks have prompted sharp…

UK urges restraint as tensions rise between federal government and Southwest State

Friday March 27, 2026 Mogadishu (AX) — The United Kingdom has stepped up its warning as Somalia’s Southwest State faces rising political strain and a worsening security picture, with fears growing that clashes could erupt between federal authorities and regional forces. In a Friday press release, the British Embassy in Mogadishu said it is tracking developments closely and warned that the latest tensions could further destabilize a security environment already under severe strain. “Recent tensions risk further destabilising…

North Western State of Somalia sets new fuel prices as global oil costs rise

Thursday March 26, 2026 Hargeisa (AX) — Drivers and businesses across North Western State of Somalia are facing fresh fuel price hikes after authorities on Wednesday rolled out new official pump rates, pointing to surging global oil prices and tighter supply conditions. The revised pricing sets gasoline at 12,500 North Western State of Somalia shillings per liter, while diesel will sell for 10,500 North Western State of Somalia shillings per liter. Officials said the new rates were agreed after consultations involving the…

Chad Relocates Refugees from Sudan Border as Tensions Rise

Chad has started moving refugees away from its volatile frontier with Sudan after a deadly cross-border raid that killed 17 people, including mourners at a funeral, escalating tensions and prompting vows of retaliation from President Mahamat Idriss Déby. In a formal announcement, the government said it had reinforced security along the border and signaled it may pursue operations inside Sudan if necessary. Local officials added that investigators have yet to determine which group carried out the attack. The eastern border…