Iran
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US grain farmers pummelled as Iran war triggers surge in costs
US grain farmers pummelled as Iran war triggers surge in costs
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Asian stocks set for broad declines Tuesday after US tech selloff, as traders weigh US Treasury Secretary Scott Bessent’s plan to isolate Iran.
Asian stocks set for broad declines Tuesday after US tech selloff, as traders weigh US Treasury Secretary Scott Bessent’s plan to isolate Iran.
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Hartree senior advisor Ed Morse: Brent crude price drop attributed to market's focus on potential impact of Iran sanctions
Ed Morse, Senior Advisor and Head of Commodities at Hartree, stated that the recent drop in Brent crude prices is due to market focus on the potential impact of sanctions on Iran, which is affecting s
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Iran's Economy Minister Ali Madani-Zadeh responds to US 'economic D-Day' sanctions
Iran's Economy Minister Ali Madani-Zadeh responds to US 'economic D-Day' sanctions
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Congressional Democrats say Donald Trump's oil and gas stocks rose by as much as $15.5 million during the Iran war, with an average return of about 39%.
Former U.S. President Donald Trump's oil and gas stock holdings may have surged by up to $15.5 million this year, with an average return of approximately 39%, as energy stocks soared during the war wi
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Bessent Expects Major Financial Institution to Face Sanctions by End of This Week Over Iran
Bessent Expects Major Financial Institution to Face Sanctions by End of This Week Over Iran
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Scott Bessent says trying to buy off Iran with appeasement will no longer work
Scott Bessent says trying to buy off Iran with appeasement will no longer work
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Bessent says no specific timelines will be set for cutting Iran ties, but warns patience is not infinite.
Bessent says no specific timelines will be set for cutting Iran ties, but warns patience is not infinite.
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Bessent: No one, including China and Iran, is above the reach of US sanctions.
Bessent: No one, including China and Iran, is above the reach of US sanctions.
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Bessent states dollar access will be cut off for those laundering Iran money
Bessent states dollar access will be cut off for those laundering Iran money
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Scott Bessent says Donald Trump is calling world leaders, asking them to cut economic ties with Iran
Scott Bessent says Donald Trump is calling world leaders, asking them to cut economic ties with Iran
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Israeli Prime Minister Netanyahu: Iran tried to assassinate members of my family
Israeli Prime Minister Netanyahu: Iran tried to assassinate members of my family
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South Korea said the United States has called off a joint marine drill scheduled for next month due to limited forces caused by the U.S. war with Iran.
U.S. Marine Corps officials formally notified South Korea in June that its ability to deploy forces during this year’s “Ssangyong” exercise would be limited due to the situation in the Middle East, So
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Donald Trump posted on Truth Social that Iran is collapsing completely
Donald Trump posted on Truth Social that Iran is collapsing completely
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Sinopec expects refining demand pressure to ease in H2 despite Iran uncertainties
Sinopec executives anticipate that refining demand pressures will ease in the second half of 2026, and the company's earnings will continue to exceed expectations, despite ongoing uncertainties in the
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Ukraine Offensive Leads to Fuel Shortages in Russia, Causing Gasoline Prices to Soar in Central Asian Countries and Prompting Them to Seek Alternative Supplies
Ukrainian drone attacks have damaged Russian oil refineries (e.g., the Omsk refinery in Siberia was shut down in early July), leading to domestic fuel shortages and "fuel tourism" in Russia. Central A
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Iran threatens 46 ships in Strait of Hormuz transit crackdown
Iran said the vessels violated protocols for travelling across the waterway and could face fines or confiscation.
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Global stocks dip, oil eases over 1% as US Treasury Secretary Bessent to outline Iran sanctions today; Nvidia earnings and Fed Chair Warsh's speech also in focus
Global stocks slipped on Monday and oil prices eased more than 1% as investors awaited details of threatened U.S. sanctions on Iran. U.S. Treasury Secretary Scott Bessent is scheduled to hold a press
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Bangladesh seeks three additional LNG shipments for September as Iran war continues to disrupt flows through the Strait of Hormuz.
State-owned Rupantarita Prakritik Gas is seeking three shipments for September delivery, following a tender last week for five cargoes. The South Asian nation sourced over 60% of its LNG from Qatar la
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Six months since the war between the United States and Israel against Iran began, gasoline prices have risen in at least 145 countries worldwide, with Myanmar seeing the largest increase at 56%, and the United States experiencing a 39% rise.
Al Jazeera, citing GlobalPetrolPrices data, reported that gasoline prices have risen in at least 145 countries worldwide since the United States and Israel went to war with Iran six months ago. Among
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Iran's oil shipments to Asia have almost dried up ahead of US action, with freight rates soaring to multi-year highs.
Iran's oil shipments to Asia have almost dried up ahead of US action, with freight rates soaring to multi-year highs.
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Pakistan's Chief of Army Staff Munir visits Iran, aiming to mediate the US-Iran conflict.
Pakistan's Chief of Army Staff, Asim Munir, arrived in Tehran on Monday for talks with senior Iranian officials. This marks his third visit to Iran this year, aimed at advancing mediation efforts to e
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Singapore's July inflation hits near two-year high at 2.2%, but undershoots economists' 2.3% forecast
Consumer prices rose 2.2% year-on-year last month, up from 1.9% in June, driven by higher energy prices due to the Iran war. Core inflation, excluding private transport and accommodation, rose 2%, mis
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Iran Parliament Speaker: 'We Are Hungry, We Cannot Survive'
Iran Parliament Speaker: 'We Are Hungry, We Cannot Survive'
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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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Iran
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