U.S. crude oil falls nearly 2% as traders unfazed by Israel-Hezbollah escalation
U.S crude oil futures fell nearly 2% on Monday as traders appeared unfazed by the risk of a widening war between Israel and the Iran-backed militia Hezbollah.
Asian news from city Tehran
Khamenei protege, sole moderate neck and neck in Iran presidential race
A low-key moderate and a protege of Iran's supreme leader are neck-and-neck in the vote count in snap presidential elections marked by voter apathy over economic hardships and social restrictions.
Will next Iran president make nicer with the West?
Iran’s presidential election on June 28 may provide Tehran an opportunity to press reset on foreign policy issues after years of increasing hawkishness. Indeed, a key campaign issue has been the extent to which the candidates may – or may not – pivot to more engagement with the West.
Iran presidential candidates stress China, Russia ties ahead of vote
TEHRAN -- Conservative candidates seeking closer ties to China and Russia are leading opinion polls ahead of Iran's presidential election on Friday, which has drawn limited interest from voters disillusioned by the country's continued economic woes.