By Lisa Baertlein LOS ANGELES, June 10 (Reuters) – The cost of shipping a container of goods from Asia to the United States has doubled since the start of the Iran war, driven by spiking fuel prices …
Treasury Secretary Bessent unveils fresh sanctions in Iran crackdown
The U.S. Treasury Department is doubling down on its Operation Economic Fury against Iran. Economic Fury is the U.S. Treasury’s sanctions campaign of “maximum economic pressure” on Iran, run by the …
Treasury Secretary Bessent unveils fresh sanctions in Iran crackdown
The U.S. Treasury Department is doubling down on its Operation Economic Fury against Iran. Economic Fury is the U.S. Treasury’s sanctions campaign of “maximum economic pressure” on Iran, run by the …
‘I love the inflation,’ Trump says as prices rise amid Iran war
By Bo Erickson and Susan Heavey WASHINGTON, June 10 (Reuters) – President Donald Trump on Wednesday appeared to embrace data showing inflation has risen more than 4%, telling reporters that he “loved” …
Trump embraces May price spikes amid Iran war: ‘I love the inflation’
President Trump told reporters Wednesday that he loved “inflation,” after he was asked about inflation spiking in May.
India freezes Starlink approval over security concerns after use in Iran war: Full story in 5 points
Elon Musk’s satellite internet service Starlink has reportedly hit a roadblock for its India plans. As per a report, the Ministry of Home Affairs has frozen regulatory approvals for Starlink, …
China May wholesale inflation hits near 4-year high on Iran war, AI costs; CPI misses
Price growth has been boosted by a surge in global commodity costs, as the Middle East conflict disrupted energy and raw material flows.
Iran, US-Israel war LIVE updates: Brent crude rises to $96 as Israel bombs Iranian cities after missile attack despite Trump’s warning
Israel launched airstrikes early Monday targeting central and western Iran in response to missile fire from Tehran. The attacks threaten to drag West Asia back into a regional war.
China’s Exports Surge Tops Forecasts as AI Propels Booming Trade
China’s exports and imports expanded at a faster pace in May, topping forecasts as booming demand for artificial intelligence hardware offsets disruptions from the war in Iran. Exports jumped more …
‘India won’t pay toll to pass through Strait of Hormuz’: Hardeep Puri to NDTV
“There is some arrangement at play with Iran. They have been good to us. I mean, all sides have been good to us,” Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said …