WASHINGTON/ISLAMABAD, May 25 (Reuters) – The United States will either have a good agreement with Iran or deal with the country “another way,” Secretary of State Marco Rubio said ​on Monday, as Washington played down hopes for an imminent breakthrough in the three-month-old war. Rubio told reporters in New Delhi that the U.S. would give diplomacy every chance to succeed before ‌exploring “alternatives”, after President Donald Trump said on Sunday he had told his representatives not to rush into any Iran deal. The Reuters Iran Briefing newsletter keeps you informed with the latest developments and analysis of the Iran war.

MUMBAI, May 25 (Reuters) – The Indian rupee is set to build on its two-session rally on Monday as hopes of a deal to end the Iran war boosted risk ​appetite, while the central bank governor’s remarks on the currency are expected to ‌aid sentiment as well. Reserve Bank of India Governor Sanjay Malhotra told the Mint newspaper that the central bank will do “whatever is required” to ensure orderly movements in the foreign exchange market and that following its ​recent fall, the rupee appears undervalued. Malhotra’s remarks follow two consecutive days of firm ​central bank intervention, per traders, in

TOKYO (AP) — Asian shares mostly rose Monday and oil prices plunged after U.S. President Donald Trump said talks on ending the war with Iran are progressing. Japan’s benchmark Nikkei 225 surged 3.1% in morning trading to 65,321.56. Australia’s S&P/ASX 200 added 0.4% to 8,692.70. The Shanghai Composite edged up 0.4% to 4,127.53. Trading was closed in South Korea and Hong Kong for holidays marking Buddha’s birthday. Trading will be closed in the U.S. on Monday for Memorial Day. Trump said negotiations with Iran were “proceeding in an orderly and constructive manner.” Meanwhile, regional officials told The Associated Press on