The first blockade in April choked off Iranian exports without causing a lasting price surge. Now global oil reserves are lower, and ships face heightened risks.
The US sanctioned 4 of Iran’s central bank crypto wallets. Here’s why.
Scott Melker explains why $131 million of assets linked to Iran’s central bank were frozen. “The Daily Wolf with Scott Melker” airs every day at 12:00 p.m. Tune in for your daily dose of all things …
Economy holds firm but IMF warns of UAE property slowdown
The UAE economy has remained resilient despite the Iran conflict and the effective closure of the Strait of Hormuz, but the cooling real estate market warrants attention, the International Monetary …
BP, ConocoPhillips to back Iraq with major investments as US seeks to weaken Iran’s energy hold
BP and ConocoPhillips are set to announce billions of dollars of new investments in Iraq on Friday.
U.S. strikes bridges in Iran, Tehran targets U.S. bases in the Gulf
The U.S. and Iran expanded their targets in the latest round of strikes on Friday, as fighting over the control of the Strait of Hormuz reignites fears of an all-out war.
Live Updates: U.S. concludes 6th consecutive night of Iran strikes as battle continues over Strait of Hormuz
Iran said it would attack “all infrastructure in the region” if President Trump follows through on his threats to attack Iranian civilian infrastructure.
US strikes bridges and collapses a tower at a key port as its Iran campaign expands
The United States expanded its airstrike campaign against Iran early Friday by hitting more bridges, electricial equipment and collapsing a tower at a key Iranian port, part of U.S. President Donald …
US launches new strikes as Iran says civilian infrastructure hit
Iran says US strikes hit bridges in the country in an apparent escalation, while the US boards a ship in the Strait of Hormuz.
Trump’s tightening squeeze on Iran will heap more pain on its battered economy
Trump is betting that renewed pressure will convince Tehran to release its hold on the Strait of Hormuz., while the regime is betting it can hold out.
Iran releases US citizen in goodwill gesture, Trump says
Dena Karari had been trapped in Iran since December 2024, her attorney said. Several other Americans are believed to still be in Iranian custody.