Foreign policy
Asia-Pacific markets open higher as investors assess Trump’s mixed messaging on Iran war
A pedestrian walks past an electronic quotation board displaying the Nikkei 225 stock prices on the Tokyo Stock Exchange in Tokyo on March 23, 2026. Kazuhiro Nogi | Afp | Getty Images Asia-Pacific markets climbed on Tuesday, tracking Wall Street gains, as traders continued to assess Iran war-related developments. U.S. President Donald Trump threatened to target […]
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China’s Xi urges faster development of new energy system as Middle East war continues
Chinese President Xi Jinping attends a meeting with Russian President Vladimir Putin and Mongolian President Ukhnaagiin Khurelsukh in Beijing, China Sept. 2, 2025. Sergey Bobylev | Via Reuters Chinese President Xi Jinping has called for accelerated planning and construction of a new energy system to safeguard the country’s energy security, weeks into the Iran war […]
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US and Iran receive peace proposal as Trump vows ‘hell’ if Strait stays shut
Smoke rises after explosions struck the northeastern, western, and central areas amid Israeli attacks in Tehran, Iran on April 1, 2026. Tolga Akbaba | Anadolu | Getty Images The United States and Iran received the framework of a plan to end hostilities, but Iran rejected immediately reopening the Strait of Hormuz, after President Donald Trump […]
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India turns to Iran for oil and gas after 7-year hiatus, signaling limits to U.S. tilt
An Indian liquefied petroleum gas (LPG) carrier, Shivalik, arrives at Mundra Port via the Strait of Hormuz, amid the U.S.-Israel conflict with Iran, in Gujarat, India, March 16, 2026. Amit Dave | Reuters India has begun buying oil and gas from Tehran after a seven‑year hiatus as it grapples with supply disruptions and elevated energy […]
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Trump’s Iran ultimatum and signals of a possible deal keep investors on tenterhooks
US President Donald Trump during a prime-time address to the nation in the Cross Hall of the White House in Washington, DC, US, on Wednesday, April 1, 2026. Alex Brandon | Bloomberg | Getty Images Investors are caught between positioning for a swift deal that ends the war and a significant escalation that could send […]
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Japan’s Nikkei 225 set to fall as Trump’s Iran deadline pushes oil higher in holiday-thinned Asia
A small boat with fishermen passes as a vessel sits at anchor, amid the U.S.-Israeli conflict with Iran, off Sultan Qaboos Port in Muscat, Oman, March 25, 2026. Stringer | Reuters Japanese markets were set to open lower open on Monday, while most markets in Asia were closed for holidays, as investors parsed the latest […]
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Oil prices rise as Trump warns Iran to open Strait of Hormuz by Tuesday or face ‘hell’
Satellite view of the Strait of Hormuz, a critical chokepoint for global energy supply, connecting the Persian Gulf to the Gulf of Oman. Gallo Images | Getty Images Oil prices rose on Sunday with U.S. crude topping $114 per barrel, after President Donald Trump gave Iran until Tuesday to open the Strait of Hormuz or […]
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European ministers call for a tax on energy company windfall profits as Iran war drives price surge
Spain’s First Vice-President and Minister of Economy, Trade and Business, Carlos Cuerpo walks ahead of a cabinet meeting at Moncloa Palace in Madrid, Spain, on March 31, 2026. Violeta Santos Moura | Reuters The finance ministers of Spain and four other European countries are urging the European Union to impose a bloc-wide windfall tax on […]
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