US President Donald Trump's signing of the US-Iran deal at Versailles has renewed focus on the palace's long history as a venue where wars ended and major diplomatic decisions were made
The iPhone maker relies heavily on TSMC, whose advanced production lines are in high demand from AI chipmakers such as Nvidia and AMD
Traffic through the Strait was light, with smaller cargo vessels passing through, hours after Trump said he had signed the deal with Iran that involved a rapid reopening of the critical waterway
US Trade Representative, Jamieson Greer, will be visiting India next week to take forward the talks on the proposed trade deal
Trump's support for deal has drawn attention as it appears to permit uranium enrichment, ballistic missiles and access to frozen funds-issues he had criticised as major flaws in past Iran agreements
Lula has frequently defended Brazil's sovereignty since Trump imposed tariffs on the country last year citing a 'witch-hunt trial' against his ally, former President Jair Bolsonaro
The US and Israel launched the war on Iran on February 28, assassinating the 86-year-old Supreme Leader Ayatollah Ali Khamenei and military leaders on the first day
While the Iranians suffered substantial losses in the war, they emerged from a confrontation with the world's most powerful military, having proved they can use economic chaos as a weapon
Economists say the peace deal spells good news for the global economy, but warn of huge risks if the deal falls through and the conflict intensifies
Trump also offered condolences over the deaths of three Indian sailors in recent US military strikes
G7 leaders welcome interim accord, call for Lebanon ceasefire and back efforts to reduce reliance on Strait of Hormuz
According to the memorandum, the US, with its regional partners, will provide at least $300 billion in reconstruction funds to Iran "for the rehabilitation and economic development."
Iran has attracted almost no significant foreign direct investment in the past four decades, frozen out of global capital markets by successive waves of US and international sanctions
Iran's ability to hurt the economy using the critical waterway can crop up again regardless of the framework agreement to be signed on Friday, the assessment revealed
The two sides agreed to the deal on Sunday and plan to formally sign it on June 19 in Switzerland, clearing the way for 60 days of talks intended to end the war for good
Draft US-Iran pact proposes sanctions relief, nuclear curbs and $300 bn aid
The tension comes as Trump criticises recent Israeli attacks in Lebanon, which threatened to jeopardise negotiations between Washington and Tehran
Senators Jeanne Shaheen and Elizabeth Warren said the waiver from sanctions has only helped Russia finance its 'illegal war' with Ukraine
PM Modi also underlined that India's vision of international partnership is rooted in the timeless philosophy of 'Vasudhaiva Kutumbakam' - the world is one family
Prime Minister Narendra Modi said mutual trust was the most important strategic asset today and called for global partnerships based on solidarity and equal ownership