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IRAN WAR IMPACT
Another airline shuts down as US-Iran war keeps fuel costs high; hydrogen-electric air taxi startup abandons plans before launching passenger flightsAustralia's Stralis, an airline startup, is shutting down after plans for hydrogen-electric air taxi flights failed to reach commercial rea...
US ‘by no means’ ruling out kinetic strikes on Iran, including Strait of Hormuz, Pete Hegseth saysUS War Secretary Pete Hegseth said Washington remains prepared to use military force against Iran, including in the Strait of Hormuz, while...
Six months on, Hormuz remains disrupted as ships stay awaySix months after conflict began, Strait of Hormuz shipping remains significantly reduced. Commercial traffic operates at a fraction of pre-...
Oil Price Today (August 25): Crude oil at $92 as investors digest US economic sanctions on Iran. What’s next for investors?Brent crude futures were up 6 cents, or 0.1%, at $92.16 a barrel, while U.S. West Texas Intermediate crude was up 15 cents at $85.12. Both ...
Oil prices steady as investors weigh impact of expanded US sanctions against IranOn Tuesday, oil prices found stability following a notable decline on Monday. Investors are currently evaluating newly imposed U.S. sanctio...
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...
India's exports to Iran set to fall further due to Dubai halt, US sanctionsNew U.S. sanctions and UAE trade suspension may disrupt Indian exports to Iran. Rice, tea, and pharmaceutical shipments routed through Duba...
'We took the head off the snake': US to enter 'new phase' in Iran war very soon, says US House Speaker Mike JohnsonUS House Speaker Mike Johnson expects a new phase in the Iran conflict soon. He believes allied nations will provide crucial support during...
US, Iran keep up hostile rhetoric ahead of new sanctionsNew United States sanctions targeting Iran are scheduled for announcement impacting global trade partners. Oil shipments through the Strait...
Trump’s economic isolation plan risks Iran strikes across GulfTrump is betting that tighter sanctions, a naval blockade and broader economic pressure can push Iran into accepting a US-backed deal after...
"We do not accept the use of Iraqi territory to attack any country": Iraqi President Nizar Amidi"We are keen to prevent Iraq from becoming involved in the war. The country most affected by the war is Iraq. We do not accept the use of I...
US, Iran trade threats as Washington readies ‘toughest sanctions’The United States is set to announce stringent economic sanctions against Iran. These measures could significantly impact Iran and its key ...
US Iran war: Hormuz ship crossings hover in single digits, data showsShip crossings at the Strait of Hormuz decreased on Thursday. This decline occurred amid growing concerns for Middle East shipping routes. ...
India's July crude oil imports rise over 9% month-on-monthIndia crude imports: On an annual basis, crude oil imports were up 13%, from 18.89 million tons in July last year, data from the Petroleu...
Crew killed in vessel strike in Strait of Hormuz, UKMTO saysIran war news: The United Kingdom Maritime Trade Operations (UKMTO) on Tuesday reported that a vessel was struck by an unknown projectile ...
Iran warns of escalating sanctions, market inflation; says enemy wants to compensate for defeat in economic warIran's First Vice President warns of economic warfare after military standoffs. He stated that adversaries seek to exploit inflation and pr...
The long boat to school gets longer as Iran war drives up the price of fuelSoaring fuel prices due to the Iran war are impacting global education access. Many children are forced to leave school and work to support...
The buck stops somewhere else: A look at Trump's tendency to avoid blame when things go awryUS President Donald Trump has repeatedly blamed predecessors and others for economic, foreign-policy and domestic problems, drawing scrutin...
Iranian President Masoud Pezeshkian set to visit India for BRICS summit amid Hormuz tensionsIn September, Iranian President Masoud Pezeshkian will be in Delhi for the 18th BRICS summit, a visit set against the backdrop of heightene...
US to unleash ‘economic isolation’ on Iran next week as Trump pressure campaign intensifiesThe United States plans to intensify economic pressure on Iran next week, with Treasury Secretary Scott Bessent warning of measures unprece...