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IRAN WAR IMPACT ON ECONOMY
US oil jumps above $100 and stock futures slumpAmid the escalating U.S.-Iran conflict, crude oil prices in the U.S. have surged past one hundred dollars, leading to marked increases in g...- India hosts BRICS summit as Iran war tests bloc unityIndia hosts the BRICS Leaders' Summit this weekend seeking to boost its global profile. The summit faces challenges due to the Iran-UAE con...
- Ahead of BRICS, Congress recalls 2012 summit where former PM Manmohan Singh proposed development bankCongress highlighted BRICS' origins and India's 2012 summit hosting. Then Prime Minister Manmohan Singh proposed the BRICS Development Bank...
- Trump makes millions while US troops paid the price of the Iran war: here’s how much his oil and gas holdings gainedPresident Donald Trump saw significant financial gains from his oil and gas investments during the Iran war, with his nine primary holdings...
- Trump promises each American $5,000 if Republicans keep Congress in US midterm electionsPresident Trump promised Americans $5,000 if Republicans win upcoming midterm elections. Republicans gathered in Dallas for a convention ce...
- Trump says oil prices that spiked because of Iran war likely won't come down until after midtermsUS President Trump believes oil prices will decrease after the upcoming US midterm elections. He suggests Iran's actions aim to influence t...
- US stocks today: US stocks slide as oil tops $100, stoking fresh inflation fearsUS stocks slipped as Brent crude climbed above $100 a barrel amid escalating US-Iran tensions and disruptions to oil shipments through the ...
- US destroys 5 Iranian crude oil tankers following attacks on navy warshipUnited States forces said it targeted and destroyed five Iranian oil tankers, sharply escalating tensions. In retaliation, Iran fired missi...
- Houthis attack Saudi energy sites, cities, wound 73 as Iran war risks wider escalationYemen's Houthis attacked Saudi energy facilities and cities, wounding over seventy people. This escalation highlights the risk of the Iran ...
- Iran-backed fighters in Yemen and Iraq are joining forces to threaten Gulf, officials sayIran-backed groups in Iraq and Yemen are coordinating attacks on Saudi Arabia, with an aim to increase the costs of the ongoing war in Gaza...
- Iran strikes US base in Jordan, threatens more retaliation after tanker attacksIran's Revolutionary Guards struck a US military base in Jordan with missiles. This action followed US forces destroying five Iranian oil t...
- US sanctions all remaining Iranian airlines in 'economic D-Day' push, says Tehran's aviation sector is out of the marketThe United States has sanctioned all remaining Iranian airlines and supporting companies. These actions target thirty-six entities for aidi...
- ‘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...
- Trump forecasts oil below $2 a gallon after US ‘victory’ over IranPresident Trump forecasts oil prices will fall significantly after a US victory in the Iran conflict. He stated that gas prices could drop ...
- Iran vows to respond to US strikes, says US energy companies' facilities are 'exposed'Iran has threatened to retaliate against any new United States attacks on its assets. The nation warned that regional energy production is ...
- UAE builds alternative trade, energy routes after Iran attacks, official saysThe UAE is building alternative routes for its energy exports and trade to reduce its dependence on the Strait of Hormuz amid the war with ...
- Iran to tackle economic issues, says further attacks will be 'more painful'In response to severe US sanctions, Iran aims to implement economic reforms alongside bolstering its military capabilities. After a short l...
- Trump doubles down on sanctions, military pressure as Iran refuses to yieldThe Trump administration employs economic pressure and military threats against Iran. Iran's government has refused to yield to these inten...
- Iran war could keep inflation high, ECB policymaker Rehn warns, FT reportsEuropean Central Bank must prepare for a prolonged Middle East conflict. This situation could maintain elevated inflation within the Eurozo...
- Donald Trump vows to hit Iran hard after first exchanges of fire in a monthIran launched missiles at two United States air bases in Jordan overnight. This action followed a United States strike on Iran's Larak Isla...
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