Oil prices have spiked in recent weeks following the increased tensions in the Middle East.
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Asia-Pacific markets set to open lower as U.S. bombing of Iran escalates Middle East crisis
World
Iran’s threat to close the Strait of Hormuz could deepen Tehran’s isolation, experts say
Cargo ships sail in the Gulf off the Iranian port city of Bandar Abbas, which is the main base of the Islamic republic’s navy and has a strategic position on the Strait of Hormuz, on April 29, 2019. ATTA KENARE | AFP | Getty Images Iran may be threatening to close the Strait of Hormuz […]
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World
Why global markets are brushing off U.S. strikes on Iran
A trader on the floor of the New York Stock Exchange during the first session of the new year on January 2, 2025, in New York City, U.S. Timothy A. Clary | Afp | Getty Images The U.S. joining the war between Israel and Iran might seem like a geopolitical flashpoint that would send markets […]
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World
Trump calls ‘obliteration’ an accurate description of damage to Iran’s nuclear facilities
A satellite image shows the Fordo nuclear facility in Iran in this handout image dated June 14, 2025. Maxar Technologies | Via Reuters U.S. President Donald Trump on Sunday disputed Iranian attempts to downplay the strikes on its nuclear facilities, stressing that “obliteration” was an accurate description, even though the full extent of the damage […]
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