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Huawei Faces U.S. Criminal Trial Weeks Before Trump-Xi Meeting
The Justice Department's prosecution of Chinese national champion Huawei Technologies is finally going to trial after a nearly eight-year wait. The trial comes weeks before President Trump and Chinese
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Brent crude oil rose 3.4% to break above $101. Goldman Sachs stated that if the US military continues to strike Iranian oil tankers, oil prices could rise to $120.
Brent crude prices rose about 3.4% to $101.25 on Wednesday, breaking above $101 for the first time since July, after U.S. forces destroyed five Iranian oil tankers on Tuesday. Goldman Sachs analysts s
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Jim Cramer warns interest rates are unlikely to drop, citing "unholy developments" including the U.S. war with Iran
CNBC's Mad Money host Jim Cramer believes interest rates will not fall soon, attributing this to the U.S. war with Iran and the stance of newly installed Federal Reserve Chairman Kevin Warsh. Cramer n
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Kuwait Petroleum Corporation Offers Oil Transshipment Services Outside Strait of Hormuz Amid US-Iran War Risks
Kuwait Petroleum Corporation (KPC) is offering ship-to-ship transfer services for crude oil and refined products, as buyers avoid ports within the Strait of Hormuz due to the risk of a US-Iran war. KP
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Central Banks Focus on Fuel Prices as Inflation Risk; BoE Governor Bailey Says Refined Fuel Prices Better Signal, Estimates 0.4 Pct Point Inflation Boost by H2 2026
Central banks are increasingly watching refining margins, or “crack spreads,” as fuel shortages push gasoline and diesel prices higher. Bank of England Governor Andrew Bailey stated that refined fuel
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Iran's Revolutionary Guard warns of a 20-fold retaliation for attacks and demands the release of $24 billion in frozen assets.
Iran's Islamic Revolutionary Guard Corps (IRGC) warned that if Iranian targets are attacked again, for every two to three Iranian targets hit, strikes on 20 enemy targets could be triggered. The IRGC
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CNBC analysis shows Donald Trump profited approximately $1.5 million to $4.4 million from oil investments during the Iran War, with his accounts continuously trading energy stocks.
CNBC analyzed Donald Trump's annual financial disclosures, quarterly corporate reports, and FactSet market data, finding that the value of his holdings in nine major oil and gas companies (including C
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Iran eases currency rules to bypass US sanctions with crypto, per report
According to a Financial Times report, Iran has eased its currency rules, allowing exporters to fund imports with overseas earnings without first selling their foreign currency at official rates. This
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Iran faces growing medicine shortages, with 800 products in short supply and prices surging up to 375%, amid tightened US sanctions and war damage.
About 800 pharmaceutical products are currently in short supply nationwide, including 90 essential ones. Prices have surged, with gabapentin up 220%, acetaminophen 375%, amoxicillin 285%, fluoxetine 1
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Brent crude oil prices hit $100/barrel for the first time since July 24.
Brent crude oil prices hit $100 per barrel for the first time since July 24, driven primarily by conflicts between the United States and Iran, and a resurgence in Chinese oil purchases.
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US-Iran Conflict Escalates: Iran Claims Attacks on US Vessels and Oil Tankers, Brent Crude Nears $100/Barrel
Oil prices rose and stock markets fell after the US and Iran attacked each other's ships and oil tankers in the Strait of Hormuz. Iran's Revolutionary Guard claimed to have attacked two US ships and e
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Escalating US-Iran conflict heightens environmental risks in the Strait of Hormuz; on September 8, US forces attacked five Iranian oil tankers.
Al Jazeera reported that the United States and Iran have been mutually attacking oil tankers and vessels in and around the Strait of Hormuz, raising concerns about a catastrophic oil spill in the Gulf
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Morgan Stanley Says War-Weary Oil Traders Shun Long-Term Bets
Morgan Stanley says oil traders are growing increasingly cautious about longer-term positions as the wars in Iran and Ukraine cloud the outlook beyond the next few months.
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U.S. Military Claims Destruction of Five Iranian Oil Tankers, Iran Subsequently Attacks U.S. Base in Jordan
U.S. Central Command stated that U.S. forces destroyed five Iranian oil tankers after the Islamic Revolutionary Guard Corps (IRGC) attacked a U.S. warship twice in two days. Iran subsequently retaliat
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Brent crude rose 2.4% to over $99 on Tuesday after Houthi rebels claimed attacks on targets in Saudi Arabia.
Yemen's Houthi rebels claimed a new round of attacks on targets within Saudi Arabia on Tuesday, forcing the kingdom to halt operations at several energy facilities in the south. Meanwhile, Iran warned
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Iran's IRGC attacks US military base in Jordan
Iran's IRGC attacks US military base in Jordan
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U.S. military launches new round of attacks on Iranian oil tankers, international oil prices approach $100.
International oil prices are nearing $100 after the U.S. military attacked several vessels linked to Iran's Revolutionary Guard in response to a recent missile attack on a U.S. Navy warship.
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Iran's state broadcaster IRIB reports U.S. attacked second oil tanker near waters of Jask
Iran's state broadcaster IRIB reports U.S. attacked second oil tanker near waters of Jask
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Iran claims one of its oil tankers was attacked by U.S. missiles near Kharg Island, causing international crude oil futures to extend gains during trading. WTI crude rose over 2% to approach $94, and Brent crude neared $99.
According to CCTV News, citing Iranian sources, an Iranian oil tanker was attacked by US missiles approximately 4 miles off Iran's Kharg Island on Tuesday evening, September 8, local time. There were
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US military downplays Iran's seizure of unmanned underwater vessel in Strait of Hormuz, stating it was "defective" and contained "no sensitive data."
The U.S. military stated on Tuesday that an unmanned underwater vehicle (UUV) seized by Iran in the Strait of Hormuz was "defective" and did not carry any sensitive data or classified equipment. This
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Iran's Joint Military Command says it will 'heavily target' U.S. interests in the Middle East if Iranian vessels are attacked, state media reports.
Iran's Joint Military Command says it will 'heavily target' U.S. interests in the Middle East if Iranian vessels are attacked, state media reports.
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Iran's Tasnim News Agency, citing IRGC, claims Iran destroyed a U.S. MQ1 drone over the Strait of Hormuz; U.S. has not confirmed the report.
Iran's Tasnim News Agency, citing IRGC, claims Iran destroyed a U.S. MQ1 drone over the Strait of Hormuz; U.S. has not confirmed the report.
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China Ships Out First Sulfuric Acid Cargo Since Halt on Exports
China has allowed its first outbound shipment of sulfuric acid since May, offering some relief to copper producers squeezed by a global shortage after the Iran war choked off Middle East supplies.
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US Treasury Secretary Scott Bessent will announce the amount of long-term debt buybacks this week to stabilize government bond yields.
U.S. Treasury Secretary Scott Bessent will announce the specific amount of long-term government debt buybacks this week, a move aimed at stabilizing government bond yields. This comes after crude oil
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US companies, especially manufacturers and retailers, are being squeezed by tariffs, soaring fuel costs from Iran war, and rising interest rates
American companies, particularly those in manufacturing, auto supply, retail, and transportation, are facing a triple squeeze. Tariffs under Trump's trade policies are increasing raw material costs, t
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Iran's security chief says conditions for ending war with US, including lifting naval blockade and unfreezing funds, sent to Washington via Qatar; awaits Trump's response
Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, told Al Jazeera in an exclusive interview on Saturday that Tehran has conveyed a formal set of conditions to Washington through Qa
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Iran's Top Security Official Says Qatar Has Conveyed Tehran's Conditions to Washington to End War, Awaiting Trump Response - Al Jazeera Interview
Iran's Top Security Official Says Qatar Has Conveyed Tehran's Conditions to Washington to End War, Awaiting Trump Response - Al Jazeera Interview
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Iran's top security official stated that Tehran hopes the war between Saudi Arabia and Yemen will end.
Iran's top security official stated that Tehran hopes the war between Saudi Arabia and Yemen will end.
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Pakistan urges Iran to protect energy supplies and shipping, as high-ranking officials from both countries are set to meet.
Pakistan's Deputy Prime Minister and Foreign Minister, Ishaq Dar, spoke with Iranian Foreign Minister Abbas Araghchi on Saturday, emphasizing the importance of uninterrupted energy supplies and the sa
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Iran's car market prices surge 40-130% since February, with officials calling it a 'mafia system', highlighting cost-of-living crisis
Domestic car prices in Iran have mostly risen 40% to 80% since the start of the war in February, with some vehicles selling for over 130% of their September 2025 costs. This makes even locally made ca
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Brent crude oil surged to $132 this week after the Saudi East-West Pipeline was attacked and shut down, forcing Saudi Arabia to rely on high-cost "relay oil transportation" via the Strait of Hormuz.
A drone launched from Iraq by Iranian-backed militants recently struck Saudi Arabia's East-West oil pipeline, forcing its shutdown, the Wall Street Journal reported. The pipeline, previously a critica
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MarketWatch Analysis: Oil Prices and Energy Stocks Would Be Hit by a Sudden End to Iran War, But Company Insiders Are Still Buying
MarketWatch analysis suggests that despite a sudden end to the Iran war potentially leading to a drop in oil prices and energy stocks, company insiders are still buying these related stocks, indicatin
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Turkey Revokes Operating License of Iran's Bank Mellat Istanbul Branch
Turkey's banking regulator (BDDK) announced in the Official Gazette on Saturday that it has revoked the operating license of Iran's Bank Mellat Istanbul branch. The agency stated that this move was ma
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Al Jazeera: The U.S. Department of Defense is considering withdrawing one-third of its troops from Europe after allies refused to provide bases for operations against Iran.
The U.S. Department of Defense is considering a proposal to withdraw approximately one-third of its troops (around 22,000 soldiers) from Europe, primarily affecting garrisons in Germany, Italy, and Sp
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Trump extends sanctions on Iran, Sanaa residents take to streets in support of Houthis.
Former U.S. President Donald Trump has extended sanctions against Iran. Meanwhile, thousands of Houthi supporters demonstrated in the streets of Sanaa.
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U.S. President signs H.R. 5334 bill, expanding sanctions on Russia and extending sanctions on Iran.
On Friday, September 18, the President of the United States signed H.R. 5334, the "Lindsey O. Graham Sanction Russia and Iran Act of 2026." This bill authorizes and expands statutory sanctions, tariff
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US Pentagon: Military operations against Iran have cost $43.6 billion, excluding losses to Middle East bases.
The Pentagon has informed Congress that as of September 3, 2026, the U.S. has spent $43.6 billion on military operations against Iran, Bloomberg reported. This includes approximately $11.2 billion in
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Trump: Iran war will end soon
Trump: Iran war will end soon
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Iran holds massive government-organized rallies, with hundreds of thousands vowing to sacrifice for the nation, and the president stating the aim is to send a message of unity to the US and Israel.
According to Al Jazeera, approximately 313,000 volunteers gathered in central Tehran for an event aimed at highlighting "self-sacrifice for Iran," where the Iranian government showcased weapons such a
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Al Jazeera Analysis: Iran's Pressure in the Middle East Strains Relations with Gulf States
Commentators note that Tehran's pressure in the Middle East is increasingly straining its relations with Gulf states. This follows Iran's direct attack on Saudi Arabia, which led Riyadh to expel Iran'
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Polls show: US voters' opposition to war with Iran hits record high, 71% believe the Trump administration lacks a clear strategy
A Fox News poll released Thursday shows that 71% of American voters believe the Trump administration "lacks a clear strategy" to end the conflict with Iran, which has led to rising inflation and soari
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Analysis: China's Crude Oil Imports Show Signs of Rebound, Potentially Eroding Global Oil Price Buffer
Analysts point out that China's crude oil imports have shown early signs of recovery after months of subdued purchases due to the US-Israel war with Iran, which could erode the buffer that previously
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Blockchain malware activity jumps 440% as AI lowers the barrier for North Korea and Iran-linked hackers
Chainalysis reports that state-linked hackers, particularly those tied to North Korea and Iran, are increasingly using public blockchains to maintain malware infrastructure, accounting for roughly two
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Gasoline prices in Yemen's Houthi-controlled areas have increased by 10% for the first time in four years, sparking inflation concerns.
Houthi-controlled areas in Yemen announced on Monday a gasoline price hike of approximately 10%, from 4,750 Yemeni rials (approximately $8.90) to 5,250 Yemeni rials (approximately $9.80) per liter. Th
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South Korean President Lee Jae-myung: Will facilitate US-DPRK dialogue and reiterates no troop deployment to the Strait of Hormuz.
Lee Jae-myung stated on Friday that U.S. President Donald Trump wishes to engage in dialogue with North Korea, and South Korea is conducting preliminary coordination for this. He reiterated three time
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Trump warns leakers about Iran intelligence: 'Keep on leaking you dirty dogs! When we find you, you will pay a big price!!!'
Trump warns leakers about Iran intelligence: 'Keep on leaking you dirty dogs! When we find you, you will pay a big price!!!'
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UN mission finds evidence signaling U.S. war crimes in Iran; Washington rejects report
A United Nations fact-finding mission stated on Thursday there are "reasonable grounds" to believe U.S. forces committed war crimes during the Iran war, citing a Tomahawk missile strike on a primary s
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Oil drops for third straight day as supply concerns ease and traders eye US-Iran diplomacy
Oil dropped for a third day as supply concerns eased and traders looked to the next round of diplomacy that’ll shape the US-Iran war.
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Iran
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