US-Iran war
22 stories related to this topic, newest first.
ReasonApril CPI Rises 0.6%; Annual Inflation at 3.8%
U.S. consumer prices climbed sharply in April as energy costs surged amid the war with Iran and closure of the Strait of Hormuz. The Nasdaq 100 fell more than 2 percent following the data release. Core inflation stood at 2.8 percent, still above the Federal Reserve's 2 percent ta…
Semafor**Iran Fires Missiles at Israel; Israel Conducts Retaliatory Strikes**
The ongoing conflict between the United States and Iran has exposed limits to American military primacy, with Tehran leveraging geography and asymmetric tactics to blunt U.S. objectives. China has provided indirect support to Iran while expanding its economic and diplomatic role…
pakistantoday.com.pkReserve Bank of Australia Adjusts Forecasts Due to Oil Price Volatility from U.S.-Iran Conflict
The Reserve Bank of Australia raised interest rates amid economic pressures from the U.S.-Iran war, which has increased oil and other commodity prices. The bank outlined three scenarios for the economy, all projecting slowdowns based on varying oil price levels. Governor Michele…
zerohedge.com (News photo)Iran Proposes 14-Point Plan to End Conflict with US
Iran sent a 14-point plan to the United States through Pakistani intermediaries, demanding non-aggression guarantees, US troop withdrawal, and sanctions removal within 30 days. President Donald Trump stated he will review the proposal but doubts its acceptability. The move comes…
BbcUS Strikes Iran; Spirit Airlines Shuts Down
The ongoing US-Iran war is driving a second wave of inflation affecting groceries, medicine, clothing, and other goods due to petrochemical disruptions. Spirit Airlines announced an immediate shutdown citing doubled jet fuel prices from the conflict. President Trump rejected Iran…
citizen.co.zaSenate Rejects Resolution Limiting Trump's Iran Military Authority
The U.S. Senate rejected a Democratic resolution to curb President Trump's authority in the ongoing war with Iran, marking the sixth such failure. The vote came ahead of a May 1 deadline for Congress to authorize or halt the conflict, with the war's cost reaching $25 billion acco…
thehindu.comOil Prices Reach Four-Year High
Oil prices climbed to their highest levels in four years as tensions in the US-Iran war persisted, with Iran restricting access to the Strait of Hormuz. The Bank of England and Federal Reserve held interest rates steady amid rising inflation and energy costs. Gas prices in the Un…
GB NewsUAE Leaves OPEC to Increase Oil Production
The United Arab Emirates has withdrawn from OPEC after nearly 60 years, aiming to increase its oil output without quota constraints. The move comes amid elevated crude prices above $110 per barrel due to the ongoing U.S.-Iran war and the blockade of the Strait of Hormuz. Experts…
thehindubusinessline.comIsraeli Strikes Kill Four in Lebanon; Iran War Causes Fuel Shortages
Israeli forces conducted strikes in southern Lebanon, killing four people and wounding others, in violation of a ceasefire with Hezbollah that began on April 17. Hezbollah's leader vowed to retain weapons amid ongoing tensions. The broader US-Iran war has closed the Strait of Hor…
thehindu.comIsraeli Strikes Hit Over 20 Hezbollah Sites in Lebanon After Ceasefire Takes Effect
The Israel Defense Force struck more than 20 Lebanese Hezbollah positions in southern Lebanon and the Beqaa Valley, targeting weapons manufacturing sites. The action follows a ceasefire that began on April 17, during which Israeli strikes have killed at least 40 people in Lebanon…
opindia.comIranian Foreign Minister Meets Putin; US-Iran Talks Stall, Oil Prices Rise
Iranian Foreign Minister Abbas Araghchi met with Russian President Vladimir Putin to discuss strengthening ties, as Iran blames the U.S. for failed peace talks in Pakistan. President Trump canceled a U.S. envoys' trip, citing insufficient Iranian offers. Oil prices climbed, with…
Substrate placeholder — needs reviewCSIS Report: U.S. Uses Over 50% of THAAD and Patriot Interceptors in Ongoing Iran Conflict
A new report from the Center for Strategic and International Studies details significant U.S. munitions depletion during the ongoing war with Iran that began February 28, 2026. The conflict has disrupted global oil trade through the Strait of Hormuz, boosted China's railway alter…
pymnts.comBWET ETF Surges Over 600% Year-to-Date, Outpacing Oil Prices Amid Middle East Shipping Disruptions
The Breakwave Tanker Shipping ETF has risen more than 600% year-to-date as tensions in the Strait of Hormuz disrupt maritime corridors. Freight futures have skyrocketed due to the U.S.-Iran war, outperforming crude oil and energy stocks. Experts note investors are shifting focus…
Substrate placeholder — needs reviewPope Leo XIV Ends Africa Tour, Comments on US-Iran Standoff
Pope Leo XIV wrapped up an 11-day visit to four African countries, where he addressed issues like corruption and wealth inequality. On the return flight, he expressed frustration over stalled diplomatic efforts to end the US-Iran war and condemned capital punishment amid reports…
Substrate placeholder — needs reviewLeaked Pentagon Email Suggests NATO Ties Review with Spain, UK Over Iran Support
A leaked internal Pentagon email outlined punitive measures against NATO allies for not supporting the U.S. war against Iran, including attempts to suspend Spain and reassess backing for Britain's Falkland Islands claim. The proposals drew responses from affected governments and…
thehindu.comU.S.-Iran War Drives Surge in Tanker Shipping ETF Amid Oil Supply Shifts
The ongoing U.S.-Iran war has led to a dramatic rise in shipping costs, boosting the Breakwave Tanker Shipping ETF by over 600% this year. Japan received its first U.S. crude oil shipment since the conflict began, as nations seek alternative suppliers. Questions persist about the…
bangkokpost.comSouth Korea Steel Association Reports Limited Impact from Middle East Conflict on Supplies
Vice Industry Minister Moon Shin-hak urged major steel companies to prevent supply chain disruptions during a meeting in Seoul. The steel sector reports limited impact from the U.S.-Iran war but faces higher costs. The government pledged support to enhance industry competitivenes…
Substrate placeholder — needs reviewSPDR Gold Trust Up 11% Year-to-Date Despite U.S.-Iran Conflict Volatility
The outbreak of war between the U.S. and Iran has introduced significant volatility to gold prices, contrasting with the metal's strong performance in 2025 and early 2026. Wells Fargo maintains that gold remains a compelling medium-term investment opportunity. Despite a sharp dec…
indiatoday.intoday.inSenate Democrats Investigate Deadly Attack on US Troops in Kuwait
A group of Senate Democrats is probing a March attack that killed six US service members in Kuwait during the US-Iran war. Separately, questions persist about the US approval of an Israeli proposal to assassinate Iran's supreme leader in February. Meanwhile, Malta's prime ministe…
upi.comPope Leo XIV Addresses Exploitation and Peace During Angola Visit on Africa Tour
During his 11-day Africa tour, Pope Leo XIV addressed crowds in Angola's diamond-rich northeast, criticizing exploitation and corruption. He highlighted violence and oppression as contrary to Christian faith. The tour, spanning four nations, focused on peace, poverty, and migrati…
Substrate placeholder — needs reviewU.S. Consumers Reduce Entertainment Spending Amid War and High Gas Prices
U.S. consumers continue spending despite the U.S.-Iran war and gas prices reaching $4, but data shows a decline in visits to entertainment and dining venues. Industry leaders report impacts on local economies, with some businesses maintaining investment plans. Recent developments…
manilatimes.netIsrael and Lebanon Begin 10-Day Ceasefire Amid Ongoing US-Iran Conflict
A 10-day ceasefire between Israel and Lebanon took effect on Friday, allowing displaced residents to return home while the Lebanese army reported several Israeli violations. The truce comes amid the broader US-Iran war, with President Trump expressing optimism about a swift victo…