Iran
‘Forever war:’ Democrats rebut Trump’s assertion that Iran war nearing end
Sen. Elizabeth Warren, D-Mass., from center left, Sen. Chris Coons, D-Del., Sen Jon. Ossoff, a D-Ga., and Sen. John Hickenlooper, D-Colo., during a State of the Union address in the House Chamber of the US Capitol in Washington, DC, US, on Tuesday, Feb. 24, 2026. Al Drago | Bloomberg | Getty Images Senate Democrats on […]
Read More
Russia told Trump they have not shared intelligence with Iran during war, Witkoff says
Russian leaders told President Donald Trump during a phone call on Monday that they denied widely reported allegations that they are sharing intelligence with Iran during the United States’s war on that country, U.S. Special Envoy Steve Witkoff said during a CNBC interview on Tuesday. “We can take them at their word,” Witkoff told CNBC’s […]
Read More
IEA countries to meet later Tuesday on release of oil reserves, but no decision made yet
The International Energy Agency will convene an extraordinary meeting of its member countries Tuesday to discuss a possible release of oil stockpiles to address the supply disruption triggered by the Iran war. The more than 30 members will “assess the current security of supply and market conditions to inform a subsequent decision on whether to […]
Read More
India’s restaurants are under threat from the LPG supply crunch caused by the Iran war
Workers prepare butter chicken at Daryaganj restaurant in New Delhi, India, on Monday, Feb. 12, 2024. Daryaganj and Moti Mahal Delux restaurants are in a legal battle over the ownership of butter chicken. Photographer: Saumya Khandelwal/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images The Iran war is causing global disruption, and restaurants in […]
Read More
10-year Treasury yield is little changed as oil tumbles after Trump warns Iran over Hormuz flows
The 10-year Treasury yield was little changed on Tuesday as oil prices tumbled after President Donald Trump warned that Iran would be hit “TWENTY TIMES HARDER” if it attempted to halt shipments through the Strait of Hormuz. The yield on the 10-year Treasury fell more than 1 basis point to 4.117%. The 30-year Treasury bond rose more […]
Read More
Traders fear missing out on latest ‘Trump TACO rally’
One thing became clear in Monday’s big market comeback: Traders don’t think this volatility will persist. The Dow Jones Industrial Average closed more than 200 points higher Monday, erasing an 886-point decline seen earlier in the day. The turnaround came after President Donald Trump signaled that the Iran war was nearing an end. The moves […]
Read More
How the Iran war and rising energy prices are threatening semiconductor demand
SK Hynix Inc. 12-layer HBM3E memory chips, front, and a LPDDR5X CAMM2 memory module arranged at the company’s office in Seongnam, South Korea, on Tuesday, April 22, 2025. SeongJoon Cho | Bloomberg | Getty Images A prolonged conflict in the Middle East could impact the semiconductor industry’s access to key materials while rising costs could […]
Read More
Iran war: Hegseth says Tuesday ‘will be our most intense day of strikes’
US Defense Secretary Pete Hegseth speaks during a press conference on US military action in Iran, at the Pentagon in Washington, DC, on March 2, 2026. Brendan Smialowski | Afp | Getty Images Defense Secretary Pete Hegseth on Tuesday said, “Today will be, yet again, our most intense day of strikes inside Iran.” “Iran stands […]
Read More
Trump reiterates threat of a ‘friendly takeover’ of Cuba as fuel crisis deepens
A pedicab drives past a traffic light that is out due to a power cut in Havana on March 4, 2026. Yamil Lage | Afp | Getty Images U.S. President Donald Trump renewed his threat of a “friendly takeover” of Cuba, saying the communist-run Caribbean island is in “deep trouble.” His latest comments come less […]
Read More
As Iran war disrupts oil prices, consumers could be ‘hammered,’ economist says
In February, Americans were feeling pretty good about their financial standing. But that was before the Iran war, which is threatening to upend household budgets. A New York Federal Reserve survey released Monday found that consumers expected inflation to be lower in the year ahead, and households, overall, said they were better off than a year ago. The New York […]
Read More