Australia Briefing

Iran War Peace Talks May Resume

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US President Donald Trump.Photographer: Bonnie Cash/UPI/Bloomberg

Good morning. Even though they failed to make any progress first time around, the US and Iran are prepared to give peace talks another go. The two nations may return to Pakistan for the second round, according to people familiar. Meanwhile, China looks to be softening its stance in a months-long dispute with BHP Group, with the country’s state-backed iron ore buyer telling several steel mills they can go ahead and purchase some of the miner’s cargoes. That news sent the stock soaring as much as 3.8% to the highest since March 3.

- Keira Wright, Australian Energy Reporter