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Iran
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Pakistan Says the U.S. and Iran Are Negotiating to Normalize the Situation in the Strait of Hormuz
Tahir Andarabi, spokesperson for Pakistan’s Ministry of Foreign Affairs, said at a weekly press briefing in Islamabad that negotiations are underway between the United States and Iran to restore stabi
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US strikes cause extensive damage on Iran’s Qeshm Island
Video footage from Iran's Qeshm Island shows widespread damage following US attacks. The strikes have reportedly caused extensive destruction on the island.
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Despite the U.S. embargo, Iranian oil continues to be sold in waters near Malaysia
Al Jazeera reported that despite the U.S. naval blockade against Iran, Iranian oil sales continue in the Eastern Outer Port Limit (EOPL) off the coast of eastern Malaysia. Satellite data shows that ov
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Shell Reports Significant Q2 Profit Surge Driven by Oil Refining and Trading Boom
Shell Plc announced a substantial increase in its second-quarter profit, primarily attributed to a booming oil refining sector and robust performance from its energy trading operations. This surge occ
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Trump Threatens 'Very Hard' Strikes on Iran Following Attack on US Base in Jordan
Former U.S. President Donald Trump has threatened that the U.S. will hit Iran "very hard." This statement comes after an attack on U.S. forces in Jordan, with Trump stating, "It’s our turn."
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Fed Holds Rates Steady Amid Inflation Concerns, Iran Conflict
The U.S. Federal Reserve on Wednesday kept interest rates unchanged, with policymakers waiting to gauge the economic fallout from higher energy prices stemming from the Iran conflict, which may have l
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Iran rejects Oman's proposal for joint Hormuz oversight, warns of strait closure if its shipping route plan is not accepted
Iran has rejected Oman's proposal for joint oversight of the Strait of Hormuz and warned it would close the strategic waterway if its proposed shipping route plan is not accepted. Iran's Deputy Foreig
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Fuel prices in Yemen have skyrocketed due to the war in Iran, causing construction projects to grind to a halt
Due to the U.S.-Israel war against Iran and escalating regional tensions, fuel prices in areas controlled by the Yemeni government have skyrocketed, with the price of diesel rising from $17 to $30 per
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Glencore expects first-half trading profits to reach $3.3 billion, boosted by increased volatility in the oil market due to the war in Iran
Glencore, a commodities production and trading giant, expects its marketing division to post a profit of $3.3 billion in the first half of the year, as sharp market volatility during the war in Iran h
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US Oil Inventories Fall to 'Precariously Low' Level Amid Iran War Supply Disruptions
US oil inventories have fallen to a "precariously low" level, attributed to supply disruptions caused by the Iran war. The Financial Times reported that this decline could undermine the ability to sup
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TotalEnergies Reports Q2 Adjusted Net Income Up 67% to $6 Billion, Driven by Iran War and Hormuz Disruption
TotalEnergies SE reported its second-quarter adjusted net income rose 67% year-over-year to $6 billion, its best quarter in nearly three years. The surge was primarily attributed to the Iran war, whic
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US and Israeli Leaders Expected 'Swift Outcome' in Iran Conflict
New details are emerging that US and Israeli officials had anticipated a straightforward and short-lived outcome in a potential war with Iran. Reports indicate that former Israeli Prime Minister Benja
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Silver prices hold steady amid renewed Middle East airstrikes and pending Fed rate decision
Silver September futures opened 0.3% lower on Wednesday, July 29, 2026, at $57.38 per ounce, but prices are holding steady this morning. This stability comes amidst renewed airstrikes in the Middle Ea
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Dow Falls as Iran Hostilities Reignite; SK Hynix Shares Decline on Earnings
The Dow Jones Industrial Average fell today, with reports linking the decline to renewed hostilities involving Iran. Separately, South Korean chipmaker SK Hynix's shares slid following its earnings an
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Gold Holds Firm Near $4,100 Ahead of Fed Rate Decision Amid Renewed U.S.-Iran Tensions
Gold August futures opened down 0.4% on Wednesday, July 29, 2026, but quickly rose to $4,090. Gold prices have remained steady near $4,100 for the past two weeks, even as the U.S. and Iran reignited a
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Trump Vows Forceful Response After Iranian Missile Attack Intercepted in Jordan
Former U.S. President Trump vowed a forceful response after U.S. forces intercepted an Iranian missile attack in Jordan. He stated, "We'll be hitting them hard," and also mentioned that overnight U.S.
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Oil Rallies After US Intercepts Iranian Attack; US Futures Waver Ahead of Fed Decision and Tech Earnings
Oil prices rallied after the US announced it intercepted an Iranian attack on military bases, signaling an end to the pause in fighting. Meanwhile, US equity futures wavered as investors awaited the F
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S&P 500, Nasdaq Futures Turn Negative After Trump's Comments on Iran
S&P 500 and Nasdaq futures turned negative following comments made by Donald Trump regarding Iran.
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Donald Trump Told Fox News that he would “crack down hard on Iran”
Donald Trump Told Fox News that he would “crack down hard on Iran”
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Trump: U.S. will strike Iran in response to attacks on U.S. targets in Jordan
Former U.S. President Donald Trump stated that the U.S. will conduct strikes against Iran in response to recent attacks on U.S. targets in Jordan, according to Fox.
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Former US President Trump states he will 'let them keep talking' regarding Iran
Former US President Trump states he will 'let them keep talking' regarding Iran
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Iran attacked a U.S. military base in Jordan; U.S.-Saudi coalition forces carried out airstrikes against pro-Iranian militias in Iraq; Iraqi authorities reported that at least 20 people were killed.
On Wednesday, Iran fired multiple ballistic missiles at U.S. military facilities in Jordan, and the United States confirmed that it had intercepted the “surprise attack.” On the same day, the United S
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Iran Attacks to Send Message Amid US Asset Buildup in Israel
Iran has launched attacks, which are seen as a message in response to the buildup of US assets in Israel.
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Iran Rejects US Talk Claims, Attacks US Bases in Jordan After Vowing Strait of Hormuz Control
Iran has rejected claims by U.S. President Trump that Tehran sought negotiations with the U.S. over the past two weeks. A senior Iranian official also stated that Iran would not give up control of the
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Trump on Iran: "We'll be hitting them"
Former U.S. President Donald Trump stated regarding Iran, "We'll be hitting them."
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Trump: Iran's Missile Capability Weakened, Production 'Almost Completely Disappeared'
Former U.S. President Donald Trump stated that Iran's missile capability has weakened significantly, with the country possessing "far fewer" missiles than four to five months ago. Trump added that Ira
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Bank of Korea holds interest rates steady amid Iran war uncertainty; outgoing Gov. Rhee expects won's swift relief
The Bank of Korea (BOK) maintained its current interest rate policy on Friday, a decision made amidst ongoing uncertainty surrounding the conflict in Iran. Outgoing Governor Rhee Chang-yong, chairing
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Iran Names South Korea-Built UAE Nuclear Plant as Potential Target
Iran has included the Barakah nuclear power plant in Abu Dhabi, which is South Korea’s first overseas nuclear project, in a list of potential targets.
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Bitcoin and Ethereum prices pull back after strong opening, following pause in US airstrikes in Iran
Bitcoin and Ethereum prices retreated on Friday morning, July 31, 2026, after a strong opening. Bitcoin, which opened 1.3% higher than Thursday, fell to $63,652.09, while Ethereum, up 0.4% at open, dr
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Dubai-based cryptocurrency exchange Shelbit has been accused of being linked to a $4 billion Iranian sanctions-evasion network and is suspected of transferring funds to platforms such as Binance.
Reuters reported that Shelbit, a Dubai-based cryptocurrency exchange, has been accused of being linked to a $4 billion Iranian sanctions-evasion network. The exchange is suspected of transferring hund
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The United States has imposed sanctions on the Iran-linked maritime insurance program Bitcoin, alleging that it is used to circumvent sanctions on shipping through the Strait of Hormuz.
The U.S. Department of the Treasury announced sanctions against two Iranian companies—Persian Gulf Marine Insurance Company and HormuzSafe Maritime Services—accusing them of operating a marine insuran
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ExxonMobil and Chevron's Q2 profits surge due to rising oil prices driven by the Iran war
ExxonMobil and Chevron reported a surge in second-quarter profits on Friday, driven by rising oil prices attributed to the Iran war. Chevron's net income soared to $12 billion, a nearly 400% increase
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Iran claims to have attacked U.S. military targets in Kuwait in retaliation for previous U.S. airstrikes against Iran
The Iranian military announced Friday that it had used drones to strike U.S. military facilities at the Ahmed Jaber Air Base in Kuwait, targeting hangars and satellite communication systems. Iran said
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Iran's IRGC stopped two tankers in Strait of Hormuz, Fars reports
Iran's Fars news agency reported that the Islamic Revolutionary Guard Corps (IRGC) stopped two tankers from passing through the Strait of Hormuz. Following this, four other tankers reportedly changed
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Oil Prices Poised for Largest Monthly Gain Since March Amid US-Iran War Escalation
Oil prices are on track for their largest monthly gain since March, following a volatile week. This surge is attributed to the escalation of the US-Iran war.
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Trump Calls for Adding Tariffs on Iran to Sanctions Bill, Despite 'Trivial' U.S. Trade
Former U.S. President Donald Trump stated his desire to add tariffs on Iran to a bipartisan sanctions bill targeting Russia and Tehran. Trump believes this would strengthen the bill, which already inc
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Former US Congresswoman Jane Harman Says US-Iran War Makes Every Middle East Country a Target
Former U.S. Congresswoman Jane Harman stated that the ongoing U.S. war in Iran has rendered every country in the Middle East a potential target. She emphasized that this includes nations not yet direc
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Iran's Army Claims Attack on U.S. Assets in Bahrain's Sheikh Issa Base, State Media Reports
Iran's army claims it launched an attack on U.S. assets located in Bahrain's Sheikh Issa Base, according to reports from Iranian state media.
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BBC Analysis: Iran May Prefer Limited War with US Over Peace to Gain Strategic Leverage
BBC analysis suggests that Iran may believe a limited conflict with the United States serves its strategic interests better than peace. Following Iran's recent missile strike on a US base in Jordan, w
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Saudi Arabia's Budget Deficit Narrows Three-Quarters Amid Wartime Oil Spike
Saudi Arabia's quarterly fiscal deficit contracted by almost 75%. This improvement was primarily driven by a spike in global oil prices, even as the Iran war led to an economic contraction.
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Fed Holds Interest Rates Steady in July, Wall Street Reacts Negatively on Inflation Fears
The U.S. Federal Reserve's Federal Open Market Committee (FOMC) voted 9-3 on July 29 to hold benchmark short-term interest rates steady. Despite the pause, Wall Street reacted negatively, with the Dow
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Big Oil Is Making Big Money During Iran War Market Turmoil
Big oil companies are generating significant profits amidst the market turmoil caused by the Iran War. Market dislocations have created lucrative opportunities for firms capable of sourcing, transport
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Kpler: Crude exports from Middle East Gulf remain constrained despite pause in US strikes on Iran, with loading activity halved
Crude exports from the Middle East Gulf remain constrained, despite a four-day pause in US strikes on Iran, according to data analytics firm Kpler. Vessel clearances stayed near recent lows, and Gulf
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Bitcoin Holds Steady Near $64,000 Amid Rising Oil Prices Following Iran Strikes and Hawkish Fed Signals
Bitcoin (BTC) held steady near $64,000, showing resilience despite global risk assets facing pressure from multiple fronts. This includes an 8% surge in oil prices after Iran launched ballistic missil
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Iowa Farmers Report Continued Struggles Despite Trump's "Golden Age" Promises
Farmers in Iowa and across the U.S. are facing significant challenges, including rising input costs due to the Iran war, low crop prices, and increased health insurance premiums, according to a CNBC r
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Pakistan secures safe passage for LNG shipment with Iran deal
Pakistan secures safe passage for LNG shipment with Iran deal
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Oil prices rose after the U.S. launched airstrikes against Iran, and Iran threatened to retaliate.
Oil prices rose on Thursday after the United States launched a “large-scale” airstrike against Iran late Wednesday in retaliation for Iran’s earlier missile attacks on U.S. forces in the region. Iran’
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Iran to Receive Chinese Shoulder-Launched Missile Systems in Weeks, Sources Say
Iran to Receive Chinese Shoulder-Launched Missile Systems in Weeks, Sources Say
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