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IRAN WAR 2023 UPDATES
IMF says it will take time for energy, commodity prices to normalize after US-Iran dealThe IMF notes a decline in energy and commodity prices following a ceasefire in the Strait of Hormuz, though full normalization will take t...
US inflation tops 4% for first time in three years, keeping Fed hike in playUS inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve's interest rate hike plans on the table fo...
Rubio warns Hormuz tolls would 'spread like contagion' to other waterwaysUS Secretary of State Marco Rubio warned that imposing tolls on ships in the Strait of Hormuz would lead to "total chaos," a stance reitera...
US inflation tops 4% for first time in three years, boosts Fed hike betsUS inflation surged past 4.0% in May, driven by Middle East conflict-fueled energy prices, marking the highest increase in three years. Thi...
Rubio reassures UAE, Kuwait as scepticism over Iran deal persistsUS Secretary of State Marco Rubio assured Gulf allies of their security during a visit to the UAE and Kuwait, addressing skepticism over a ...
Trump slams Senate war powers vote as 'poorly timed and meaningless', vows to push Iran deal throughPresident Trump fiercely criticized the Senate's war powers resolution against Iran, deeming it "meaningless" and accusing Republican defec...
Rubio says US will not accept Iranian tolls on HormuzUS Secretary of State Marco Rubio firmly stated that Washington will not permit any tolls on the Strait of Hormuz, an international waterwa...
Iran war actual cost: How much fund Donald Trump's U.S. is spending in conflict against Tehran? Amount will shock AmericansIran war comes with a high cost for President Donald Trump and the U.S. As experts still trying to gauge the actual cost of the Iran war.
Iran-U. S war ends but Strait of Hormuz disruptions could continue for months ahead. Here's whyStrait of Hormuz continues to remain the bone of the contention in Iran-U.S. deal and middle-east gulf countries' geo-politics. The questio...
Iran says won't allow UN inspectors at bombed nuclear sitesIran declared UN nuclear watchdog inspections at bombed sites are off-limits, despite a US-Iran deal to end the Middle East war. Talks in S...
US-Iran war: Tehran says no visit scheduled for IAEA inspectors to visit bombed nuclear sitesUS-Iran war: Tehran has denied any scheduled visits for International Atomic Energy Agency inspectors to nuclear sites previously targeted ...
Iran's Tasnim news agency says Hormuz will not reopen until Lebanon ceasefire holds, oil waivers issuedIran's Tasnim news agency is reporting that the Strait of Hormuz will remain closed to oil shipments. This closure will persist until a cea...
Pentagon tells US lawmakers it needs $80 billion for Iran war and other bills, WSJ reportsThe US Defense Department requires eighty billion dollars to cover expenses from the Iran war and other non-war related bills. A larger fun...
Dollar sees 'bullish break' on Fed rate-hike betsThe US dollar is experiencing a significant rally. Traders are betting the Federal Reserve will raise interest rates soon. This has strengt...
Benjamin Netanyahu, Israel's arch-survivor, set to face voter fury over Iran dealBenjamin Netanyahu's grip on power is weakening. Facing corruption charges and criticism over security lapses, he now confronts voters' jud...
IEA sees gradual Hormuz recovery tipping into significant 2027 surplusThe global oil market is set for a gradual recovery. The Strait of Hormuz will reopen following a US-Iran agreement. This ends a major oil ...
Has Trump achieved his goals in the war with Iran?Three months after U.S. and Israeli airstrikes, President Trump's objectives against Iran show mixed results. While Iran's missile and dron...
Strait of Hormuz transit will take 'weeks' to resume, largest tanker operator tells FTShipping companies will delay passage through the Strait of Hormuz for several weeks. This delay will continue until a U.S.-Iran agreement ...
IMF chief says no global slowdown in sight yet, but risks are highThe global economy is holding strong despite the Middle East war. Commodity prices and inflation have risen, but a global slowdown is not y...
Iran says agreement with US immediately ends warIran said that the newly announced agreement with the United States put an "immediate end" to the countries' war. "A permanent and immediat...