Iran
Trump says gas prices ‘not very high’ as most U.S. voters blame him for price spike
President Donald Trump speaks to the media before boarding Marine One on the South Lawn of the White House on April 16, 2026. Anna Moneymaker | Getty Images President Donald Trump on Thursday brushed aside concerns about much higher gas prices because of the Iran war, even as a new poll showed that most U.S. […]
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Brent oil price near $100 again with U.S.-Iran talks uncertain and Hormuz still blocked
Crude oil prices neared $100 again on Thursday, as tanker traffic through the Strait of Hormuz remains very low with no clear pathway to fully reopen the vital sea lane. International benchmark Brent for June delivery surged nearly 5% to close at $99.39 per barrel. West Texas Intermediate crude for May rose almost 4% to […]
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Vance’s Iran and Orbán setbacks raise questions about his standing with Trump
U.S. Vice President JD Vance speaks during a Turning Point USA event at Akins Ford Arena at the Classic Center on April 14, 2026 in Athens, Georgia. Chip Somodevilla | Getty Images President Donald Trump this month sent Vice President JD Vance to Hungary to boost its embattled prime minister and then to Pakistan for […]
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U.S. Navy stopped 13 ships from passing Iranian port blockade, Pentagon says
US Chairman of the Joint Chiefs of Staff General Dan Caine speaks as a map of the Strait of Hormuz is displayed during a press briefing at the Pentagon in Washington, DC, on April 16, 2026. Saul Loeb | Afp | Getty Images The U.S. Navy has turned back 13 ships since its blockade of […]
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New York Fed President Williams worries war will slow growth, aggravate inflation
New York Fed President John Williams expressed concern Thursday about the Iran war’s impact on the economy, saying it already has shown signs of hiking prices and slowing growth. In a speech delivered to bankers in his home district, Williams noted that the conflict has “intensified the uncertainty” around national and local conditions. While he […]
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European stocks rise as UK GDP jumps and Iran peace talks remain in focus
A woman walks past mockups of Iranian missiles along Valiasr Square in Tehran on April 6, 2026. Atta Kenare | Afp | Getty Images LONDON — European stocks followed Asian markets higher on Thursday, as investors assess strong U.K. GDP data and Eurozone inflation data for March. Markets also continue to keep a close eye […]
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Don’t call time on dollar dominance just yet, say analysts as ‘petroyuan’ call sparks debate
Dieter SPannknebel | Getty Images The U.S. dollar suffered in 2025 as investors embraced the “Sell America” trade, the Federal Reserve cut interest rates, and the greenback was dealt a policy and fiscal credibility shock. The war in Iran has helped shore-up the dollar so far in 2026, but the future of the global reserve […]
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Iran war sparks ‘fundamental energy transition’ in Seoul toward renewables: Energy minister
This general view shows oil tanks and facilities at Yeosu National Industrial Complex, the largest petrochemical industrial complex in South Korea, in Yeosu on April 7, 2026. (Photo by Shin Yong-ju / AFP via Getty Images) Shin Yong-ju | Afp | Getty Images The Iran war is “serving as a significant turning point” for South […]
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EasyJet’s stock drops as the Middle East conflict, fuel costs weigh on bookings outlook
EasyJet‘s stock fell on Thursday after the European airline warned the Iran war and higher fuel prices are weighing on customer bookings. The group said it took on roughly £25 million ($34 million) in additional fuel costs in March alone as global oil prices soared, and it expects airline costs to remain tied to volatile […]
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Iran war drags India’s goods exports 7% lower in March — more pain ahead
The Indian-flagged tanker Jag Vasant, carrying liquefied petroleum gas (LPG) after transiting through the Strait of Hormuz amid the ongoing conflict in the Middle East, is seen docked at an offloading terminal along the coast in Mumbai, India, on April 1, 2026. Nurphoto | Nurphoto | Getty Images The Iran war has taken a toll […]
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