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IRAN ECONOMY
Trump says US has 'total control' over Strait of Hormuz, calls naval blockade a 'wall of steel'US President Donald Trump has once again claimed "total control" over the Strait of Hormuz in a Truth Social post, calling the American nav...
PM Modi, Trump will work out Russian oil-related 100 per cent tariff issue, says US officialUS official Peter Navarro believes US President Trump and Prime Minister Modi will resolve tariff differences. He recalled past criticism r...
Pakistan sees US-Iran deal close as Hormuz standoff drags on, Trump toughens stancePakistan's defense minister indicated a potential US-Iran arrangement regarding the Strait of Hormuz. Oil prices reacted to these conflicti...
Fitch affirms India's 'BBB-' credit rating with stable outlookFitch Ratings affirmed India’s BBB- long-term rating with a stable outlook and F3 short-term rating, saying macroeconomic stability and imp...
India growth seen slowing to 6.6% in FY27, says Fitch Group company BMIFitch Group’s BMI expects India’s economic growth to slow to6.6% in FY27, from 7.7% in FY26, as the boost from last year’s GST reforms fade...
Singapore says AI-related demand lifting economyStrong AI-related demand helped the electronics and precision engineering clusters of the manufacturing sector, as well as the machinery, e...
Gold rises for third straight session, inflation prints in focusGold has reached its highest point in two months, driven by traders evaluating significant upcoming U.S. inflation data that may influence ...
US defends dollar as yen weakness threatens global currency orderThe US treasury has stepped in to bolster the Japanese yen and several other currencies, signaling a potential decline of the dollar and hi...
Trump says US is 'low-keying it' with Iran, stresses economic painUS President Donald Trump stated his administration is observing economic pressures on Iran. Military strikes and sanctions have been impos...
US Iran war: Iranian President Pezeshkian recently met Supreme Leader Khamenei, state media saysUS Iran war news: Iranian President Masoud Pezeshkian met Supreme Leader Mojtaba Khamenei recently. The president has given conflicting acc...
Iran Guards say won't reopen Hormuz without US meeting all Tehran's conditionsIran's Revolutionary Guards will not reopen the Strait of Hormuz until its conditions are met. These demands include compensation for war d...
Charting the global economy: US employment declines unexpectedlyThe El Niño on track to become the most powerful of the past 76 years is strengthening rapidly, posing a major threat to fragile economies ...
Iran's leaders believe a victory is within reach, and that time is on their sideIran believes military pressure will force the United States to accept its control. The nation is betting that time and global energy price...
Iran warns Gulf states of strikes on energy assets if US attacks resumeIran has warned Gulf states of retaliatory strikes on their energy and water facilities. This diplomatic push aims to deter further United ...
As Iran war drags on, Americans are bracing for more chaos in Middle East, Reuters poll findsAccording to recent surveys, many Americans fear that the ongoing U.S. war with Iran could destabilize the Middle Eastern region. Disruptio...
Trump says deal to reopen Strait of Hormuz could come as early as WednesdayPresident Trump indicated a deal to reopen the Strait of Hormuz could happen soon. Hopes for a deal eased oil prices as shipping hopes incr...
Iran warns Gulf allies of retaliation as Trump dials back strike threat, presses for a dealIran cautioned Gulf states about retaliation against energy infrastructure. This warning followed U.S. President Donald Trump's threats of ...
Gold touches seven-week high on Strait of Hormuz reopening hopesGold's ascent continued on Thursday, marking the fourth day of increases and reaching a seven-week high. This rally was driven by a softer ...
Iran and the US say a Strait of Hormuz deal is close, but one or both would have to back downIran and Oman are finalizing an agreement concerning the Strait of Hormuz. This potential deal could reopen the vital waterway and ease glo...
Washington removes sanctions on Iraq's Fly Baghdad airlineThe United States has lifted sanctions against Fly Baghdad airline. This action followed an administrative reconsideration process by the U...