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Iran supreme leader rules out negotiations with US

Iran's supreme leader Ayatollah Ali Khamenei on Tuesday ruled out negotiations with the US, as tensions mount between the arch-foes after Washington blamed Tehran for attacks on Saudi oil installations. "The policy of 'maximum pressure' against the Iranian nation is worthless and all...

US: General Motors workers begin nationwide strike

Around 48,000 members of the United Auto Workers (UAW) labor union began a nationwide strike early Monday against U.S. automotive company General Motors, shutting down 33 manufacturing plants in nine states and 22 parts distribution warehouses. The strike, announced Sunday by the UAW, is...

Biggest oil price surge since 1991, US 'locked and loaded'

An attack on Saudi Arabia that shut down 5 percent of global crude output caused the biggest surge in oil prices since 1991, after U.S. officials blamed Iran and President Donald Trump said Washington was "locked and loaded" to retaliate. The Iran-aligned Houthi movement that controls...