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IRAN ECONOMY
Iran Rial hits record lowIran's currency, the rial, has fallen to over 2.5 million rials against the US dollar recently. This decline reflects the negative impact o...
US job openings slipped to 7.1 million in August but labour market remains sturdyUS employers posted fewer job vacancies in August, but the broader American labour market remains resilient against price shocks caused by ...
Trump or Iran? One side just may have overplayed their handThe US and Iran remain locked in a high-stakes standoff after Donald Trump rejected Tehran’s latest offer, with Washington betting that tig...
Rupee hits two-month low, breaches 96/USD mark as oil worries deepenThe Indian rupee has fallen to a two-month low, now at 96.1450 per dollar. Contributing factors include rising oil prices, which have heigh...
Why is Trump administration looking to implement new lower fuel economy standards in US?New lower vehicle fuel economy standards are being set by the Trump administration. The move will reduce the technology costs of the automa...
From Hormuz to Saudi to US sanctions, world feels the oil heatThe war in West Asia has caused significant disruptions to global oil supplies and prices. Saudi Arabia faces challenges with pipeline clos...
Trump says US will ‘win’ Iran war soon, leaves door open to strikes before midtermsPresident Donald Trump is optimistic that the ongoing conflict with Iran will come to a swift conclusion. He indicated that the resolution ...
Global Market Today: Asian shares subdued as rising oil fuels rate hike concernsMSCI’s gauge of Asian stocks opened slightly lower with South Korea’s benchmark slipping as markets returned from a holiday, while Japanese...
US Iran war: Tehran insists on diplomatic solution after Trump rejects peace planIranian Foreign Minister Abbas Araqchi emphasized that diplomatic solutions are essential for resolving tensions with the US and Israel. US...
Strait of Hormuz open or closed? What are latest standpoints of Iran and Donald Trump's U.S.?Tehran has spent long weeks in discussions with Oman, on the other side of the strait, on how to manage shipping traffic. Its new rush for ...
Where things stand after Iran's new pitch for deal to open Strait of HormuzIran's president and foreign minister proposed a deal to the US to end fighting and assist diplomacy. They seek the lifting of sanctions, a...
Iran awaits US response on Strait of Hormuz plan after Trump reportedly rejects dealIran awaited a US response to its proposal to reopen the Strait of Hormuz and halt fighting across the Middle East, after the Wall Street J...
- Senate rejects resolution to halt Trump's war with Iran as gas prices upend midterms
The Senate recently voted against a resolution aimed at ending US President Trump's military actions in Iran. This vote, which resulted in ...
US, Iran explore phased deal to reopen Hormuz, lift economic blockade: ReportNegotiators from the US and Iran are discussing a phased resolution to their ongoing conflict. This approach could involve Iran reopening t...
US midterm elections: 9 key issues that could shape the November pollsWhat issues are likely to shape the US midterm elections? Voters heading into the 2026 US midterm elections are particularly concerned abou...
Gulf nations have found ways to keep oil flowing through the Iran war, but the costs are mountingIran's closure of the Strait of Hormuz initially raised concerns about soaring oil prices impacting the global economy. However, Gulf produ...
Oil prices edge lower as Iran says it is open to diplomacy to end the warOil prices dropped after a previous increase, with Brent crude futures falling by 0.9% to $102.13. Iran expressed willingness for diplomati...
Trump now more unpopular than in 2018, only 13% now say they strongly approve of his performance: CNN pollPresident Donald Trump’s approval rating on the economy has dropped to just 27% among Americans. Many respondents believe he has worsened e...
Trump threatens to ‘annihilate’ Iran, says deal will come after US midtermsUS President Donald Trump delivered a sharply worded warning to Iran at the UN General Assembly, saying Tehran faces a choice between reach...
'All Iranian airlines will be shut down around the world': Bessent threatens secondary sanctions against foreign airports, fuel suppliersUnited States Treasury Secretary Scott Bessent warned Iranian airlines face international shutdown. Foreign companies providing services ri...