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IRAN ECONOMY COLLAPSE
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...
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...
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...
AI may transform economies, but US-China rivalry makes slowing it down unlikelyAI's rapid advancement poses challenges, as concerns from key stakeholders highlight potential risks to humanity. Political leaders in the ...
Riyadh issues first air raid alert since renewed fighting in YemenExplosions were heard in Riyadh early Saturday after Saudi Arabia issued its first air raid alert in the capital since fighting resumed in ...
‘Business is terrible’: War leaves Iran’s Bandar Abbas quietBandar Abbas faces economic decline as a US blockade impacts port activities. Many businesses have closed, leaving hundreds jobless and str...
US military says destroys Iranian oil tankers after missile attacksThe United States destroyed three Iranian oil tankers on Saturday. This action followed Iran's attempted missile attacks on American naval ...
Iran's Hormuz leverage wanes as US economic squeeze bitesWashington's economic offensive targets Iran after recent conflict and threats. New sanctions and naval blockades are severely impacting Ir...
China’s paper-tiger alliance shows the US can’t isolate IranDonald Trump's economic strategy against Iran faces significant global challenges. Treasury Secretary Bessent's "with us or against us" sta...
Iran claims 7 killed in US missile strike on Khuzestan; Houthis warn US troop hosts of "repercussions"Seven people were killed and eight injured after US missile strikes targeted three locations in Iran’s Khuzestan province, Iranian state me...
Trump says he is not seeking Iran talks, claims US has ‘almost total control’ of HormuzDonald Trump stated he is not forcing Iran into negotiations. He expressed satisfaction with the current United States position and control...
Iran says it killed ‘large number’ of US forces in Jordan; America says no casualtiesIran on Wednesday claimed its attacks on US forces in Jordan killed a “large number” of American personnel, a claim Washington rejected by ...
Iran says it has enough foreign currency despite US sanctionsIran's Central Bank Governor stated sufficient foreign currency reserves exist despite sanctions. He announced plans to inject two billion ...
Scott Bessent huddles with G20 to try to rally allies on Iran as tariffs strain tiesUS Treasury Secretary Scott Bessent is meeting with global finance ministers in Asheville this week. He aims to focus discussions on econom...
After six months, the Iran war has reached its endgame, a costly stalemateThe Iran war has reached a costly stalemate after six months of conflict. The Iranian government faces economic siege but believes it has t...
Trump says ‘Iran is completely collapsing’ as Tehran dismisses new US sanctions threatThe United States is preparing to announce severe sanctions against Iran. President Trump stated Iran is completely collapsing under econom...