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ReasonU.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…
SemaforThe 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.pkThe 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…
Substrate placeholder — needs reviewOil prices fell on Sunday while S&P 500 futures rose slightly as investors responded to continued uncertainty about the war in Iran. In South Africa, fuel prices are set to increase in May, driven by the US-Iran war's impact on fuel and fertiliser costs, contributing to rising fo…
zerohedge.com (News photo)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…
BbcThe 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…
The Boston GlobePresident Donald Trump stated he is not satisfied with Iran's recent proposal in negotiations to end the ongoing war, citing unacceptable demands. Diplomatic efforts continue amid a ceasefire, while separate economic pressures mount in Iran. Meanwhile, Trump indicated potential s…
citizen.co.zaThe 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…
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 NewsThe 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…
The United Arab Emirates announced its withdrawal from OPEC and the OPEC+ alliance, effective May 1, following a review of its energy strategies. The decision comes amid the US-Iran war and disruptions in the Strait of Hormuz, which have limited oil exports from Gulf producers.
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.comThe 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 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…
BloombergA 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.comThe 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…
Nbc NewsPope 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…
EuronewsA 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.comThe 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.comVice 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 reviewThe 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.inA 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.comDuring 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 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.netA 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…