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Tag: Iran

Posted on May 1, 2026

Japan risks Trump’s ire as Iran war fallout sparks currency intervention

“FX intervention will only get them so far,” one strategist said after the yen surged.
Posted on May 1, 2026

Dubai chefs shrink menus as Iran conflict makes tomatillos, scallops harder to source

Restaurants are reporting shortages of imported produce and a drop in customer demand linked to weaker tourism flows …
Posted on May 1, 2026

US and Iran clash over latest Strait of Hormuz proposals

Oil prices (CL=F, BZ=F) remain elevated above $100 per barrel amid the latest back-and-forth between the US and Iran, as Iranian officials double down on their nuclear program as a key holdout to …
Posted on May 1, 2026

Japan trading houses expect record profits but utilities forecast pain as Iran war weighs

By Yuka Obayashi and Katya Golubkova TOKYO, May 1 (Reuters) – Some big Japanese trading houses forecast on Friday record annual profits as the U.S.-Israeli war on Iran keeps commodity prices high, …
Posted on May 1, 2026

UAE leaves OPEC in major blow to global oil producers’ group

The United Arab Emirates said on Tuesday it was quitting OPEC, dealing a heavy blow to the oil producers’ group as an unprecedented energy crisis triggered by the Iran war exposes discord among Gulf …
Posted on April 30, 2026

4 charts show how war is throttling Iran’s economy

The economic damage to Iran has accelerated since the US imposed a naval blockade, which has hit Iran’s oil sales and cut the nation off from imports.
Posted on April 30, 2026

4 charts show how war is throttling Iran’s economy

The economic damage to Iran has accelerated since the US imposed a naval blockade, which has hit Iran’s oil sales and cut the nation off from imports.
Posted on April 30, 2026

Iranian economic collapse may come too late for Trump

By Parisa Hafezi and Angus McDowall DUBAI, April 30 – Weeks of conflict have aggravated Iran’s dire economic problems, risking calamity after the war, but the Islamic Republic looks able to survive a …
Posted on April 30, 2026

Pakistan double crosses America, announces 6 new land routes to Iran amid Hormuz blockade

By providing this strategic lifeline, Islamabad risks a severe diplomatic rift with the US, signalling a tactical shift towards regional alliances and Iranian energy dependence.
Posted on April 30, 2026

India central bank’s FX forward book balloons to over $100 billion as Iran war pummels rupee

By Jaspreet Kalra MUMBAI, Apr 30 (Reuters) – The Reserve Bank of India’s short dollar positions in the FX market ballooned to a record high $104 billion in March, data showed on Thursday, highlighting …

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