
Trump extends US-Iran ceasefire indefinitely amid stalled peace talks
Scrapping the cease-fire deadline erases U.S.
Why it matters: An open-ended ceasefire shifts bargaining power to Tehran and lengthens markets’ risk horizon.
Top 15 stories from 58 across 7 days

Scrapping the cease-fire deadline erases U.S.
Why it matters: An open-ended ceasefire shifts bargaining power to Tehran and lengthens markets’ risk horizon.
Warsh told senators he’ll "take calls, not orders" from the Oval Office, calming centrists fretting over politicised rate cuts.

Tehran tested the blockade, firing on three vessels and towing two into Bandar Abbas, forcing tankers to idle outside the strait that moves 1/5 of global oil.

Mexico’s foreign minister asked Washington to hand over internal CIA logs from the failed Chihuahua mission, invoking a 1999 accord rarely used against the U.S.

Warsh told senators he’d be “aligned” with Treasury on rate policy, prompting rare bipartisan pushback on Fed independence.

Formal talks start May 25—early enough to tweak auto rules of origin before the next U.S.

Speaking in Nairobi, Leo XIV dismissed Trump’s jabs and repeated his Iran peace plea, widening an unusual Pope-White House rift.

Iran shifted from harassment to revenue, detaining two tankers and demanding $80k per vessel to transit Hormuz, per Lloyd’s List.

Warsh told Banking Committee he’d stay “data-driven,” yet four Republicans joined Democrats in warning they’ll hold nominations until his delayed asset filings land – leaving him two votes short of clearing the

Tehran pulled out of today’s Islamabad talks, erasing the only scheduled channel between U.S.

Starmer will face MPs tomorrow with leaked Home Office memos showing security red flags on Mandelson were withheld from Parliament.

Iran’s grab of two tankers sent war-risk premiums up 40% overnight; the US 5th Fleet got orders to intercept any further seizures.

Tehran’s sudden RSVP ends a six-month boycott, giving Islamabad a face-saving way to extend the fragile ceasefire.

Mexico froze joint raids after two DEA agents were killed near Ciudad Juárez; Foreign Minister Bárcena wants FBI files on the botched tipoff before talks resume.

KOSPI jumped 1.8% as traders bet the ceasefire sticks and oil stays under $95; exporters led, the won barely moved.
