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IRAN WAR UPDATE
US manufacturing activity eases in June; prices paid by factories remain elevatedUS manufacturing activity saw a slight dip in June, following a robust May. While expansion continues for the sixth month, the pace has mod...
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...
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...
US manufacturing soars on front-loading of orders; factory employment tanks to six-year lowUS manufacturing activity surged in June as businesses stocked up anticipating shortages and price hikes, driven by Middle East conflict im...
New policy formulated for evaluation of Private CBSE students in Gulf countries: Centre to Supreme CourtThe Supreme Court was informed by the Centre about a new CBSE policy for private students whose Class XII exams in Gulf countries were canc...
22k gold rate today: Check 24k, 22k, 18k gold prices (June 22, 2026) at IBJA, Malabar Gold & Diamonds, Tanishq, Joyalukkas and Kalyan JewellersGold rate today: Gold prices saw a slight uptick today, June 22, 2026, with 22k gold jewellery at Tanishq priced at Rs13,475 per gram. Majo...
Watch: US Vice President Vance 'ignored' at Switzerland talks? Viral video of Qatar PM greeting Shehbaz Sharif sparks online frenzyA video from US-Iran talks in Switzerland, featuring Qatar's PM and Pakistan's PM, has sparked debate online over a perceived snub to US Vi...
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...
5 world market themes for the week aheadGlobal markets are watching closely as a U.S.-Iran deal faces crucial weeks. Key economic data from the U.S. and Australia, along with Colo...
Iran-US sign 14-point deal at Versailles: In 1919, the same place hosted a treaty after World War I that created conditions for World War IIIran-US Deal: US President Donald Trump and Iranian President Masoud Pezeshkian signed a 14-point Memorandum of Understanding at France's P...
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...
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 ...
US President Donald Trump's Iran war weighs on G7 economies, but don't expect hard talk in FranceGlobal economic leaders gather in France amid rising inflation and oil prices. A recent deal between the U.S. and Iran offers optimism, but...
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 ...
Rupee closes at 94.56 vs USD; US-Iran peace agreement details, Fed guidance awaitedThe Indian rupee strengthened for the third day in a row. This rise was supported by positive sentiment and anticipation of a U.S.-Iran pea...
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...
Kuwait temporarily closes airspace after Iranian attacks, flights divertedKuwait's airspace is now open after a temporary closure on Thursday. This action followed Iranian attacks that impacted the Gulf region. Ku...