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IMPACT OF IRAN WAR ON US ECONOMY
US touts its power, avoids Iran war at G20 Energy meetingUnited States energy ministers met in Houston, promoting domestic production and energy independence. Washington's policies aim to reverse ...- US military says it destroyed 2 small Iranian boats trying to steal a sea droneThe US military destroyed two Iranian boats attempting to seize a drone ship. This incident occurred in waters off Iran, escalating recent ...
- Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO saysThe six-month U.S. war against Iran has cost $38 billion through August 1, with expenses projected to rise by $3 billion monthly, the Congr...
- Trump’s ‘little war’ with Iran just got a lot biggerTrump’s strategy of economically strangling Iran may be increasing rather than reducing the risk of a wider Middle East war. As Tehran and ...
- Houthis' Yemen advance leaves Gulf states with uncomfortable choiceThe Houthi capture of Yemen's Red Sea coastline is strengthening Iran's leverage over Gulf energy routes, forcing Saudi Arabia and its neig...
- Gulf states weigh rare meeting with Iran next week on HormuzGulf states are considering a meeting with Iranian officials next week. Oman aims to convene foreign ministers to discuss the Strait of Hor...
- Oil tanker rates hit record highs following Iran, US shipping attacksOil shipping rates from the Gulf of Oman to China have reached record highs this week. This surge follows recent attacks on shipping and mi...
- UK economy beats expectations in July with 0.4% growthBritain's economy grew by a stronger than expected 0.4 percent in July. This performance extended the strong showing seen in the first half...
- Shipping traffic through Strait of Hormuz falls to single digits, data showsVessel traffic in the Strait of Hormuz dropped significantly on Thursday. Two Panamax ships exited the strait, carrying fertilizer and sail...
- Costly war far from over even as US loosens Iran's grip on Strait of HormuzUS has restricted Iran's oil exports and loosened its Strait of Hormuz control. This ongoing conflict, however, is nowhere near resolution ...
- Trump says he has ‘no regret’ over Iran war, vows conflict will end after midtermsPresident Trump stated he does not regret the war against Iran, despite potential election impacts. He believes supporters are proud of his...
- IMF say global growth on track to reach 3% in 2026, but risks remain highThe global economy has weathered the energy shock better than feared. Economic output is still expected to expand by about three percent in...
- 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 claims Iran war will end 'immediately' after US midterm electionsPresident Trump stated the Iran war will end immediately after the upcoming US midterm elections. He accused Tehran of seeking nuclear weap...
- 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 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...
- 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...
- 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 ...
- 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...
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