Stories tagged “Iran War.”
30 stories
Singapore inflation rose 2.2% in July, missing estimates of 2.3%, as higher energy prices due to the Iran war lifted electricity prices. Core inflation was at 2%, against expectations of 2.2%. A government release said prices of more imported goods and services are expect…
Iran's armed forces chief warned southern Persian Gulf states that any assistance to U.S. forces amounts to complicity with Iran's enemy. He added that any assistance and facilitation provided to the aggressor U.S. army is tantamount to participation with U.S. military fo…
UK pay growth slows as job vacancies hit five-year low amid the economic impact from the Iran war. Figures from the Office for National Statistics show average growth in total earnings, including bonuses, fell to 4.1% in the three months to June, down from 4.4% in the thr…
Gold prices have rebounded 9% in August to around $4,400 an ounce, suggesting the metal is regaining favour with institutional investors and central banks. The rebound is attributed to lower oil prices and softer US inflation data.
Soaring fuel prices due to the Iran war are impacting global education access, forcing many children to leave school and work to support their families.
Central banks are struggling to predict inflation rates due to the ongoing Iran war, which is affecting fuel prices and making it difficult to determine the future path of interest rates.
Major airlines resume flights but at reduced capacity due to Iran's strikes, causing a $7.2bn profit drop to a $4.3bn loss by 2026.
The Iran war is quietly destroying the US's biggest ally, Japan, by disrupting its oil imports and causing stagflation. Japan imports almost all of its crude oil from Middle Eastern suppliers, and the war has led to a significant hit to input costs of manufacturing, trans…
Shipping traffic in the Strait of Hormuz was 17 percent of the pre-conflict average in the past seven days, according to the United Kingdom Maritime Trade Operations (UKMTO) centre. Only 151 ships made it in or out of the narrow waterway in the past seven days.
Recent Democratic primaries have exposed deep divisions within the party, shaping midterm strategy and governing next year. Progressives rode a wave of energy to win in Michigan and Minnesota, but don't have an undeniable mandate within their party.
President Trump dismissed concerns about the USS Abraham Lincoln's nearly 9-month deployment, saying it's 'not nearly long enough.' The aircraft carrier has been at sea for nine months, with combat aircraft launching over 10,000 times in the past eight months.
President Donald Trump is visiting New York to deliver a speech on crime and safety, aiming to bolster Republican candidates in key midterm races.
US Chairman of the Joint Chiefs of Staff Gen. Dan Caine has privately warned senior White House officials that Washington needs to find an “off-ramp” from its war with Iran, acknowledging that further military escalation could backfire and that airpower alone is unlikely …
Saudi Arabia has drawn two of the Muslim world’s most formidable military powers into its defense as the Iran war moves closer to the kingdom. Pakistan and Turkey signed a NATO-style mutual defense pact with Saudi Arabia in Mecca on Friday, consolidating their longstandin…
US President Donald Trump said he was extremely happy with the work Pete Hegseth was doing at the Pentagon, dismissing a report that the two clashed over concerns about missile depletion from the Iran war.
Iran has agreed on a shipping route through the Strait of Hormuz with Oman, but security concerns remain due to the US blockade of Iran's ports.
A recent poll conducted by Reuters and Ipsos found that US President Donald Trump's approval rating has dropped to 35 percent, with only a third of respondents expressing satisfaction with his leadership. This is a significant decline from the 45 percent approval rating h…
As the war on Iran approaches its six-month mark, many Iranians are opting against chasing the non-stop headlines in an effort to protect their mental health. US President Donald Trump has been making nearly daily proclamations about the war on Iran, from threats of exten…
UK drivers have stolen almost £200,000 of fuel from petrol stations on average every day since the Iran war broke out and sent prices soaring, according to industry analysis.
The Federal Reserve Maintains Interest Rates Amid Escalating Iran War Tensions
The Federal Reserve has decided to maintain interest rates unchanged, despite growing pressures from the escalating war in Iran. This decision comes after a closely watched meeting, where the Fed's policymakers debated the merits of raising rates to combat inflation.
US President Donald Trump hosted Ukrainian President Volodymyr Zelenskyj and Israeli Prime Minister Benjamin Netanyahu at the White House, amidst tensions over the Iran war. The meetings were seen as a test of the US-Israeli alliance, with Netanyahu pushing for continued …
The Trump administration has resumed its air strikes against Iran, but has not publicly addressed the campaign. The Pentagon has not held a press briefing since May, and the president has not provided clear information on the war's objectives, casualties, or success crite…
Pennsylvania senator John Fetterman says Donald Trump could focus on more pressing issues, such as the US war in Iran, rather than revisiting his 2020 election defeat.
Iran to bury slain Ayatollah Ali Khamenei as week-long funeral ceremonies draw to a close
Iran is set to bury its slain Supreme Leader Ayatollah Ali Khamenei at the country's holiest shrine in Mashhad, following a week of mass funeral processions, rallies, and mourning ceremonies. The burial comes as Iran faces huge internal challenges and the legacy of Khamen…
The NATO summit in Ankara has concluded with key takeaways on defence budgets, support for Ukraine, and the Iran war. US President Donald Trump declared the MoU with Iran 'over' and asserted that the US should control Greenland.
IMF raises UK GDP growth forecast to 1% for 2026, down from April's projection. Global oil prices have fallen since the US-Iran ceasefire announcement.
Heathrow airport expects a 1.1% decline in passenger numbers and a decrease in profits due to the Iran war. The airport forecasts 83.6 million passengers this year, down from previous estimates.
UK inflation remains steady at 2.8%, with higher transport costs balanced by slower increases in food prices.
Oil prices drop as Iran war opens Strait of Hormuz. Full recovery likely takes weeks to years.
Defense Secretary Pete Hegseth disputes claims the US faces a munitions stockpile shortage, stating it's a manufactured story and that stockpiles are strong.