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Posted on May 9, 2026

State escalates trade row with China over Iran war ahead of Trump-Xi summit

Trump will depart for Beijing in just under a week, alongside a delegation of U.S. CEOs primed to stake out deals with the country’s geopolitical rival.
Posted on May 9, 2026

U.A.E. Expels Pakistani Workers, as Pakistan’s Peacemaking Creates a Rift

As Pakistan mediates between the U.S. and Iran, its ties to the Emirates have deteriorated. Pakistani workers say they are now being sent home en masse.
Posted on May 9, 2026

US sanctions companies and individuals in the Middle East and China for helping Iran

The moves target 11 entities and three individuals based in Iran, China, Belarus and the United Arab Emirates.
Posted on May 9, 2026

When distant wars disrupt fuel: Bangladesh’s refinery imperative

Bangladesh’s rising fuel demand and limited refining capacity have created a critical strategic vulnerability. As tensions involving Iran threaten the Strait of Hormuz — through which nearly a quarter …
Posted on May 9, 2026

China says April exports jump 14.1% from a year ago ahead of Trump-Xi summit

China says exports have risen 14.1% in April from a year earlier, despite the Iran war and lingering impacts from higher U.S. tariffs.
Posted on May 8, 2026

US revises UN resolution on Iran but China, Russia still expected to veto

May 8 (Reuters) – Washington has revised its proposed U.N. resolution demanding Iran halt attacks and mining in the Strait of Hormuz but the changes are unlikely to avert Chinese and Russian vetoes, …
Posted on May 8, 2026

An Iran Peace Deal Could Be Getting Close — and Here’s the Case for Another Bullish Trump Rally

Broad markets got a nice boost going into the midweek as hopes for an Iran-U.S. peace deal spiked. Undoubtedly, things could go either way as the U.S. awaits Iran’s response to its one-page proposal.
Posted on May 8, 2026

An Iran Peace Deal Could Be Getting Close — and Here’s the Case for Another Bullish Trump Rally

Broad markets got a nice boost going into the midweek as hopes for an Iran-U.S. peace deal spiked. Undoubtedly, things could go either way as the U.S. awaits Iran’s response to its one-page proposal.
Posted on May 8, 2026

The Iran war exposes fiscal fragility around the world

By Ben Aris in Berlin The Iran war has arrived at the worst possible fiscal moment for most of the world’s major economies. Governments that spent heavily through Covid, ramped up defence budgets in …
Posted on May 8, 2026

Air India to Cut Costs, Reduce Flights as War Worsens Financial Struggles

Air India Ltd. is looking to implement measures to cut costs and reduce flights in the wake of the Iran war, people familiar with the matter said, just as the unprofitable airline searches for a new leader to navigate an exceptionally difficult period.

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