WASHINGTON/ISLAMABAD/NEW DELHI, May 23 (Reuters) – A “largely negotiated” memorandum of understanding on an Iran peace deal would reopen the Strait of Hormuz, U.S. President Donald ​Trump said on Saturday, although the Iranian Fars news agency disputed that claim. Trump posted on social media that the emerging agreement would reopen the strait, the vital shipping passage ‌whose closure has upended global energy markets since the U.S. and Israel launched the war on Iran in February. He did not say what else would be included in an agreement. “Final aspects and details of the Deal are currently being discussed, and will

The Congress on Saturday accused the government of ”burdening” the common people with a post-poll fuel price hike and also denying them the benefits of falling crude oil prices during the past decade. Addressing a press conference, chairman of the Congress’s research department Rajeev Gowda questioned the government on oil imports, inflation and strategic reserves. ”There is a race going on between fuel and the rupee as to which will hit the century first,” he said. He was accompanied by party leader Dolly Sharma at the press conference. Referring to rising fuel prices, with petrol about to touch Rs 100

BEIJING (AP) — A gas explosion at a coal mine in China’s northern Shanxi province killed at least 90 people, state media said on Saturday. It was the country’s deadliest mining accident in recent years. The official Xinhua News Agency said the accident at Changzhi city’s Liushenyu coal mine happened on Friday evening. Around 247 workers were on duty at the time. Nine miners were still unaccounted for as of Saturday afternoon, Xinhua said, and more than 120 people were hospitalized. The cause of the explosion was under investigation, Xinhua reported, and rescue work is pressing on with hundreds of

NEW DELHI, May 23 (Reuters) – U.S. Secretary of State Marco Rubio discussed trade and energy with Indian Prime Minister Narendra Modi on Saturday on a visit aimed at shoring ​up relations battered by Washington’s tariffs and engagement with New Delhi’s rivals Pakistan and China. Rubio – who said before the trip the U.S. wanted to sell India energy – pressed his case and ‌told Modi that “U.S. energy products have the potential to diversify India’s energy supply,” according to a U.S. summary of the meeting. The Reuters Iran Briefing newsletter keeps you informed with the latest developments and analysis