The war between Israel and Hamas has been going on for six months, causing a massive humanitarian crisis with its large-scale armed conflicts. Since mid-April this year, Iran has launched high-profile …
Iraq Oil Exports Jump 73% On Hormuz Nod, PetroChina And Reliance Lift 10 Mn Barrels
Iraq’s oil exports surged in August and are expected to rise further in September, helped by wide profit margins and Iran’s approval for Iraqi tankers to pass through the Strait of Hormuz.
China’s support for Iran shows its limits as US ramps up pressure on Tehran
Beijing’s support for Tehran is balanced against other relationships in the region, analysts say.
Bessent Huddles With G20 to Try to Rally Allies on Iran as Tariffs Strain Ties
U.S. Treasury Secretary Scott Bessent wants to rally the world’s largest economies this week at a summit in Asheville, North Carolina
Bessent Huddles With G20 to Try to Rally Allies on Iran as Tariffs Strain Ties
U.S. Treasury Secretary Scott Bessent wants to rally the world’s largest economies this week at a summit in Asheville, North Carolina
Trump Family Businesses Are Among Iran War’s Winners as Oil and Defense Spending Surge: Report
Six months into the Iran war, the global economy has avoided the worst-case scenario many feared, even as the conflict continues to reshape oil markets, travel, food costs and defense spending. The war initially triggered a sharp rise in
The war adds to Turkey’s slowdown pains
The Iran war has made this harder, pushing up costs and forcing Turkey to raise its year-end inflation forecast for 2026 twice in May, from 18% to 26%. There is some good news. Turkey’s ports, for …
Bessent warns Iran’s outside backers to ‘stay away’ as Trump seeks to ‘asphyxiate’ Tehran’s economy
Treasury Secretary Scott Bessent warned nations still propping up Tehran to “stay away” as new sanctions target the nation on multiple fronts.
Iran calls deaths at wedding celebration a ‘war crime’ as US denies targeting civilians
The Iranian Red Crescent says the deaths happened when shrapnel from a US missile hit a home where a celebration was taking place in southern Iran.
What to know about a reported US airstrike that hit a wedding in Iran
During the latest American bombardment of southern Iran, a missile hit a home where a wedding was being celebrated.