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ECONOMIC IMPACT OF IRAN WAR
Iran's currency hits new record low, as war erodes Iran's economic stabilityIran's currency, the rial, fell to a record low, exceeding 2.5 million rials for one US dollar. This decline occurred just weeks after the ...
Iran's Revolutionary Guards call Trump a 'big liar'Iran's Revolutionary Guards' spokesperson Hossein Mohebbi accuses Donald Trump of being dishonest about nuclear weapons. Mohebbi emphasizes...
Trump or Iran? One side just may have overplayed their handThe US and Iran remain locked in a high-stakes standoff after Donald Trump rejected Tehran’s latest offer, with Washington betting that tig...
Oil Price Today (September 29): Crude oil rises to $107 as US-Iran deal stalemate ups supply fears. $120 in sight?Brent crude futures were up $1.65, or 1.57%, at $107 a barrel, while US West Texas Intermediate crude rose $1.29, or 1.40%, to $94 a barrel.
US, Iran hold separate talks with mediators as push to end seven-month war resumesUS and Iranian officials are participating in renewed efforts to negotiate a ceasefire to end the ongoing conflict. Recently, Iran proposed...
Mediators working to broker US-Iran deal even after Trump rejected latest Tehran proposalMediators are continuing indirect talks with Iran and the United States to broker a deal that would end fighting and reopen the Strait of H...
Global Market: Eurozone bond yields rise as oil climbs, inflation data eyedEurozone government bond yields rose as higher oil prices and uncertainty over the US-Iran conflict heightened inflation and interest-rate ...
US rejected Iran's Hormuz proposal over "billions in frozen assets" demand: Ambassador to UN Mike WaltzThe United States has rejected Iran's proposal to reopen the Strait of Hormuz due to conditional demands. Iranian Foreign Minister Seyyed A...
Trump says US will ‘win’ Iran war soon, leaves door open to strikes before midtermsPresident Donald Trump is optimistic that the ongoing conflict with Iran will come to a swift conclusion. He indicated that the resolution ...
'Worry and sorrow': Middle East war opens old wounds in KurdistanResidents of Penjwen express deep concern over the ongoing Middle East conflict and its impact. They recall traumatic memories from the Ira...
US Iran war: Tehran insists on diplomatic solution after Trump rejects peace planIranian Foreign Minister Abbas Araqchi emphasized that diplomatic solutions are essential for resolving tensions with the US and Israel. US...
US Treasury chief Bessent claims successes in isolating IranUS Treasury Secretary Scott Bessent has initiated global efforts to economically isolate Iran through new restrictions. These restrictions ...
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...
Oil prices slide about 2% as US, Iran explore path out of warOil prices have dropped roughly 2%, influenced by signs of diplomatic advancement between the US and Iran concerning the Strait of Hormuz. ...
How Trump's diplomatic week exposed the limits of his powerUS President Donald Trump sought to project diplomatic strength through his UN address and summit with Chinese President Xi Jinping, but th...
Allies unite behind Saudi Arabia as Houthis step up attacksSaudi Arabia, Turkey and Pakistan will hold an urgent, high-level meeting under a joint defence pact to discuss ways to support the kingdom...
Oil Price Today (September 25): Crude oil slips to $105 as truce hopes clash with Middle East attacks. What’s next?US and Iranian negotiators in New York are discussing a phased route out of the war that would see Tehran reopen the Strait of Hormuz and W...
US midterm elections: 9 key issues that could shape the November pollsWhat issues are likely to shape the US midterm elections? Voters heading into the 2026 US midterm elections are particularly concerned abou...
Oil Price Today (September 24): Crude oil falls to $102 as Iran signals its openness to diplomacy. What are experts saying?Brent crude futures fell 94 cents, or 0.9%, to $102.13 a barrel, while West Texas Intermediate futures declined 59 cents, or 0.7%, to $91.5...
UAE central bank imposes strict sanctions on Bank Melli Iran branchesThe UAE's central bank has prohibited Iran's Bank Melli from conducting operations in the country. This decision follows the UAE's suspensi...