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Iran
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Saudi Arabia is in talks for state-backed war insurance as Iranian conflicts and Houthi attacks cause insurance costs to soar in the region.
Due to the conflict in Iran and Houthi attacks, insurance companies have raised insurance prices or restricted coverage for ships and other companies in the region, prompting the Saudi government to c
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Iranian Parliament advances plans for Hormuz service fees
The draft law stipulates that ships from countries permitted to pass through the Strait of Hormuz will be required to pay for services provided by Iran.
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US Treasury Secretary Scott Bessent Announces "Most Severe" Sanctions Against Iran, Iran Rejects "Economic War" Threat
U.S. Treasury Secretary Scott Bessent will hold a press conference on Monday to announce sanctions against Iran, which he called "the largest coordinated economic isolation action in world history." S
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Scott Bessent: Iran's "Economic D-Day" Is Coming
He believes that countries that think appeasing the Iranian regime is a safer option should reconsider.
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Political scientist Stephen Walt says Donald Trump has "run out of ideas" on Iran and its policies are weakening the United States.
Harvard University international relations professor Walt believes that Donald Trump's unpredictability has not strengthened the US position in the war with Iran, and Iranians have no reason to believ
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U.S. House Speaker Johnson said Republicans "absolutely" can win the midterm elections, but an end to the Iran conflict before November would be "helpful."
Johnson, an ally of Donald Trump, acknowledged the unpopularity of the war with Iran but remained confident that Republicans could take control of the House. He noted that the conflict had caused oil
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Nigeria's Minister of State for Petroleum Resources: Iran conflict prompts Nigeria to expand natural gas production to meet international demand
Nigeria's Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, stated that the US-Israel conflict with Iran has prompted Nigeria to expand its natural gas production. He noted that the sit
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Minneapolis Fed President Neel Kashkari says he has "no confidence right now" in the inflation outlook
Minneapolis Federal Reserve President Neel Kashkari stated that despite improved inflation data since the Federal Reserve's last meeting, the ongoing price pressures from the war in Iran, tariffs (new
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Iran government signals fuel price hike on eve of new US sanctions
The move comes as the country faces soaring food and other item prices, with July inflation at 88% year-on-year and food inflation over 128%. The Iranian rial also hit a new all-time low of 2 million
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Iranian President Pezeshkian stated that despite war and sanctions, Iran "has not become Venezuela."
Iranian President Masoud Pezeshkian stated that Iran remains steadfast despite what he called a "full-scale war."
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Iran's Oil Minister says Iran has discovered over 7.5 trillion cubic feet of gas in a field south of Fars Province, according to state media.
Iran's Oil Minister says Iran has discovered over 7.5 trillion cubic feet of gas in a field south of Fars Province, according to state media.
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Syrian Foreign Minister says door open for diplomacy with Israel, urges seizing 'historic opportunity'
Syrian Foreign Minister Asaad al-Shaibani stated in a Reuters interview published on Sunday that the door for diplomacy with Israel is open, urging Israel to seize a "historic opportunity." He expects
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UK energy companies on alert after alleged Iran-linked hackers shut down power plant
UK energy companies are on alert after alleged Iran-linked hackers shut down a power plant. Security chiefs briefed energy bosses with 'advice, direction and next steps' following the cyber attack.
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Iran's top security official Rezaei says the country will target the interests of nations aiding U.S. economic warfare against it, according to state TV.
Iran's top security official Rezaei says the country will target the interests of nations aiding U.S. economic warfare against it, according to state TV.
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Global crude oil inventories have fallen again, as the de facto closure of the Strait of Hormuz has disrupted Middle Eastern crude oil shipments.
Global crude oil inventories have fallen again, as the de facto closure of the Strait of Hormuz has disrupted Middle East crude oil shipments, pushing up oil prices. Japan's crude oil inventories have
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Iran Claims Weapons Production Doubled Since Mid-2025 War, Tripled for Strategic Products Since February, and Will Deploy New Warheads
Iran's Ministry of Defence spokesman Reza Talaei-Nik stated on Saturday that the country's production of weapons and defensive equipment has doubled in the 12 months following the 12-day war with Isra
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Russia’s Rosatom Continues Returning Workers to Iran’s Bushehr Nuclear Plant
Russia’s state-owned atomic energy company Rosatom is continuing to return employees to Iran’s Bushehr nuclear power plant, Interfax reported, citing the company’s Chief Executive Officer Alexey Likha
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Iran, at Baghdad's repeated requests, has allowed some Iraqi oil tankers to pass through the Strait of Hormuz.
Iran has authorized some Iraqi oil tankers to pass through the Strait of Hormuz, according to the Iranian news agency. This move comes after repeated requests from Baghdad, despite the fact that overa
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Donald Trump said he views the Strait of Hormuz as "US territory" and believes Iran "very much wants to make a deal, but they're not ready to make the right deal yet."
Donald Trump said he views the Strait of Hormuz as "US territory" and believes Iran "very much wants to make a deal, but they're not ready to make the right deal yet."
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Donald Trump retweeted Schoenlaw's tweet, stating that he had warned Iran and was now making good on that warning, accusing Iran of being the world's number one sponsor of terrorism.
Donald Trump retweeted Schoenlaw's tweet, stating that he had warned Iran and was now making good on that warning, accusing Iran of being the world's number one sponsor of terrorism.
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Omani and Iranian FMs discuss conditions for resuming negotiations to support the resumption of navigation through the Strait of Hormuz, Oman State News Agency reports.
Omani and Iranian FMs discuss conditions for resuming negotiations to support the resumption of navigation through the Strait of Hormuz, Oman State News Agency reports.
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US stocks see biggest drop in three weeks, oil prices rise, and Treasury yields approach 20-year highs after Donald Trump issues "economic D-Day" threat to Iran
U.S. President Donald Trump threatened an "economic D-Day" against Iran, including new sanctions on any country doing business with Iran. Affected by this, U.S. stocks recorded their worst performance
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The U.S. military says it has helped 660 million barrels of oil pass through the Strait of Hormuz since May.
U.S. Central Command told CNBC this week that it also assisted approximately 1,300 merchant vessels through the strait during the same period. Despite Iranian threats and attacks, these figures indica
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The United States is relocating military assets, including aircraft carriers, from Asia to the Middle East in response to the war with Iran, sparking concerns among Asian allies about a diminished deterrent against China.
The war between the United States and Israel against Iran has entered its sixth month. This week, the US redeployed its last aircraft carrier in Asia, the USS George Washington, from Japan to the Midd
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Two oil tankers were attacked in the Strait of Hormuz, after Iran claimed to have received intelligence that the US was planning new attacks.
The UK Maritime Trade Operations agency reported on Monday that two oil tankers were attacked in the Strait of Hormuz. This came a day after Iran stated it had received intelligence that the United St
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Pakistan, Iran Discuss Regional Peace; Islamabad Seeks to Revive Stalled US-Iran Talks
Pakistan’s Interior Minister Mohsin Naqvi met his Iranian counterpart Eskandar Momeni in Tehran to discuss regional peace and stability, as Islamabad continues diplomatic efforts to revive stalled tal
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G7 Calls on Iran to Stop Arming Yemen's Houthis, Says Attacks on Saudi Arabia Threaten Global Energy Security
G7 foreign ministers stated in a joint communiqué that Iran must "end its arming and support of the Houthis in Yemen" and condemned Houthi attacks on Saudi Arabia "in the strongest terms." The G7 note
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Binance Responds to US Prosecutors' Investigation into Iran-Related Transactions: "Zero Tolerance" for Sanctions Violations, Will Fully Cooperate with Law Enforcement
In response to reports that U.S. prosecutors are investigating whether Binance allowed transactions related to Iran, Binance stated that the company has a "zero-tolerance policy" for sanctions violati
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The U.S. Department of Justice is investigating whether Binance violated Iran sanctions.
U.S. federal prosecutors are investigating whether Binance Holdings Ltd., the world's largest cryptocurrency exchange, violated U.S. sanctions against Iran by failing to prevent certain transactions o
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Iran's IRGC says US, Israel 'must accept withdrawal' from region
Iran's IRGC says US, Israel 'must accept withdrawal' from region
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The Trump-Xi summit is being held this week and is expected to extend the trade truce and discuss Iran.
China's Foreign Ministry confirmed on Monday that Chinese President Xi Jinping will visit the United States from Wednesday to Friday for a summit with US President Donald Trump. The two sides are expe
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U.S. diesel prices hit a record $6.51 on Monday, with top Republicans pressuring the Trump administration to ban exports.
U.S. retail diesel prices surged to a record high of $6.51 per gallon on Monday, marking an increase of over 70% since February before the outbreak of the Iran war. Republican lawmakers from agricultu
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Donald Trump stated his willingness to meet with Iranian President Pezeshkian to seek a breakthrough in the Middle East situation.
US President Donald Trump stated he is willing to meet with Iranian President Masoud Pezeshkian, who is expected to attend the UN General Assembly this week. This move comes amidst a weekend of escala
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Asian stocks are poised to rise, buoyed by optimism in tech shares; oil prices fall on hopes of diplomatic progress in the Iran conflict.
Asian stocks are poised to rise, buoyed by gains in Wall Street tech shares and hopes for diplomatic progress in the Iran conflict, which led to a drop in oil prices.
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The Trump administration proposed establishing a $5 billion Middle East reconstruction fund for critical infrastructure damaged by the war in Iran.
The Trump administration proposed establishing a $5 billion Middle East reconstruction fund for critical infrastructure damaged by the war in Iran.
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Reuters/Ipsos Poll: Donald Trump's approval rating drops to a new political career low of 32%, with Republican support falling to 73%.
Reuters/Ipsos' latest poll shows that U.S. President Donald Trump's overall approval rating has fallen to 32%, a new low in his political career. Support for his performance within the Republican Part
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U.S. diesel prices surged to a record $6.51, as Republicans weigh a diesel export ban and a gas tax holiday.
Republicans are weighing a ban on diesel exports and a gas tax holiday ahead of the midterm elections, as soaring fuel costs pressure consumers and farmers, the Wall Street Journal reported. Congressi
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Fed's Goolsbee Says 'Aggressive' Action Needed on Inflation, Citing Overheating Demand and Iran Supply Shock
Fed's Goolsbee Says 'Aggressive' Action Needed on Inflation, Citing Overheating Demand and Iran Supply Shock
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The Iranian government announced several energy-saving measures to address fuel shortages, including adjusting government office hours to 1 PM and promoting public transportation.
In response to severe fuel shortages and economic challenges, the Iranian government announced that from September 23 until the end of March 2027, government office hours will be adjusted to 8 AM to 1
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Vance says Iranian oil is still flowing
Vance says Iranian oil is still flowing
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US Treasury Secretary Bessent states Iran issue discussed with China.
US Treasury Secretary Bessent states Iran issue discussed with China.
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US Treasury Secretary Bessent: All Iranian airlines will be shut down worldwide on Sept 23
US Treasury Secretary Bessent: All Iranian airlines will be shut down worldwide on Sept 23
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US Treasury Secretary Scott Bessent said he could not say how long the conflict with Iran would last.
US Treasury Secretary Scott Bessent said he could not say how long the conflict with Iran would last.
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Iran's IRGC Spokesperson Warns of New Weapons and Unattacked Enemy Targets
An Iranian Revolutionary Guard Corps (IRGC) spokesperson reportedly stated that the world has “not yet seen the power and precision” of Iran’s new weapons. The spokesperson also claimed Iran has addit
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U.S. Representative Waltz states Trump is always open to talks, Iran needs to come to the table
U.S. Representative Waltz states Trump is always open to talks, Iran needs to come to the table
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Iran’s GDP shrank 10.1% in Q1 (March 21-June 20) amid US-Israel war, with oil and gas sector contracting 26.4%
Official data from the Statistical Center of Iran shows the country's gross domestic product (GDP) contracted by 10.1% year-on-year during the first quarter of the Persian calendar (March 21 to June 2
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Brent Crude Falls to $101.19 Amid Speculation of Trump-Iran President Meeting, Driving Rebound in French and Italian Government Bonds
Brent Crude Falls to $101.19 Amid Speculation of Trump-Iran President Meeting, Driving Rebound in French and Italian Government Bonds
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Trump threatens to destroy Iran's economy or eliminate its leadership, Iran vows "painful" retaliation across Middle East
U.S. President Donald Trump told Fox News on Sunday that options included "wiping Iran out" or letting its economy "rot" if no deal is reached. Separately, Iran's military warned of "painful" retaliat
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