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.
U.S. and Iran Survey the Damage After a Night of Intense Strikes
The American military said its barrage was retaliation against recent attacks on U.S. forces and marine traffic. Iranian officials said a wedding was hit and civilians killed.
US military says it’s striking targets in Iran, and other Mideast news
The United States military said Tuesday that it struck new targets in Iran as hostilities flared after a month without military action. Iranian semiofficial media say the country has begun firing …
US pounds Iran, Tehran strikes back at bases in biggest exchange since July
The United States threatened more devastating strikes. Iran accused Washington of hitting a wedding party, killing four people and wounding dozens.
Seven US Embassies Issue Security Alert Warnings Over Iran Strikes
The embassies warned Americans of “unforeseen escalation” and travel disruptions as fighting between the U.S. and Iran resumed.
Why Pakistan Is Shrugging Off Trump’s Latest Iran Sanctions
A Pakistani statement signals to Tehran that Islamabad will not undermine a relationship or existing trade ties that have long faced pressure from U.S. sanctions.