Iran's military has vowed retaliation following the seizure of an Iranian cargo ship in the Gulf of Oman by U.S. forces, leaving the potential bilateral talks to end the Middle East war in jeopardy.
The Trump administration had announced that the second round of US-Iran talks will commence Monday in Pakistan's capital, which is under tight security.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.