South China Morning Post

Iran conflict boosts appeal of Arctic short cut for Asia-Europe ships

Peace prospects in the Middle East faded, with US President Donald Trump ruling out a renewed ceasefire deal with Iran and more fighting breaking out in Lebanon. Trump said “no” when asked whether he wanted a new Iran accord to replace a 60-day agreement that expired on Monday. “They want to make a deal, but they’re not going to make the kind of deal that I feel is necessary,” he told reporters at the White House. Brent crude, the global oil benchmark, rose above US$91 per barrel, having gained.

By South China Morning Post

1 min read
Iran conflict boosts appeal of Arctic short cut for Asia-Europe ships
Iran conflict boosts appeal of Arctic short cut for Asia-Europe ships

Got news to share with the events industry?

Submit a press release or story tip and reach thousands of event professionals.

Get in touch→

More in Banking & Finance

Related Insights