Iran

European markets head for positive open as oil prices slide
World

European markets head for positive open as oil prices slide

Galaxy Globe bulk carrier and Luojiashan tanker sit anchored in Muscat, as Iran vows to close the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Muscat, Oman, March 9, 2026. Benoit Tessier | Reuters LONDON — European stocks look set to open notably higher on Tuesday, as traders watch developments in the Middle […]

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Oil plunges 10% as Trump warns to hit Iran ‘twenty times harder’ if it blockades Strait of Hormuz
World

Oil plunges 10% as Trump warns to hit Iran ‘twenty times harder’ if it blockades Strait of Hormuz

Oil prices surged about 20% on Monday as the U.S.-Israeli war with Iran continued, raising fears of prolonged disruptions to energy supplies. Anton Petrus | Moment | Getty Images Oil prices plunged 10% Tuesday after U.S. President Donald Trump warned that Tehran would be hit “twenty times harder” if it attempted to halt oil flows through the […]

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South Korea’s Kospi leads regional rebound, up 5%, as Trump comments drive oil lower
World

South Korea’s Kospi leads regional rebound, up 5%, as Trump comments drive oil lower

A currency dealer monitors exchange rates in front of a big screen showing South Korea’s benchmark stock index (C) and the Korean won/USD exchange rate (R) in a foreign exchange dealing room at the Hana Bank headquarters in Seoul on April 9, 2025. Jung Yeon-je | Afp | Getty Images South Korea’s Kospi opened more […]

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Democrats threaten more Iran war powers votes, call for Hegseth, Rubio to testify
Politics

Democrats threaten more Iran war powers votes, call for Hegseth, Rubio to testify

Sen. Cory Booker, D-N.J., talks with reporters outside the U.S. Capitol after President Donald Trump selected Sen. Markwayne Mullin, R-Okla., to replace Kristi Noem as the Department of Homeland Security secretary on Thursday, March 5, 2026. Tom Williams | CQ-Roll Call, Inc. | Getty Images A group of Senate Democrats on Monday laid out a […]

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Watch live: Trump holds press conference as Iran war fallout roils oil market
Politics

Watch live: Trump holds press conference as Iran war fallout roils oil market

[The stream is slated to start at 5:30 p.m. Please refresh the page if you do not see a player above at that time.] President Donald Trump is set to hold a press conference at his Miami-area golf club. The president’s comments at Trump National Doral are coming within hours of him telling CBS News […]

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Oil tankers transiting Strait of Hormuz ‘must be very careful,’ Iran foreign ministry warns
Politics

Oil tankers transiting Strait of Hormuz ‘must be very careful,’ Iran foreign ministry warns

MarineTraffic map showing current ships traffic on Strait of Hormuz dislplayed on a laptop screen and MarineTraffic logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on March 5, 2026. Jakub Porzycki | Nurphoto | Getty Images Oil tankers passing through the Strait of Hormuz “must be very […]

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Seventh U.S. service member killed in Iran war ID’ed as Sgt. Benjamin Pennington
Politics

Seventh U.S. service member killed in Iran war ID’ed as Sgt. Benjamin Pennington

Army Sgt. Benjamin N. Pennington, 26, of Glendale, Ky. Source: U.S. Army The Pentagon on Monday identified the seventh U.S. service member to have died in the Iran war as 26-year-old Army Sgt. Benjamin Pennington. Pennington, a resident of Glendale, Ky., was seriously wounded March 1 during an Iranian strike at Prince Sultan Air Base […]

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The Iran war has put the brakes on the next Bank of England rate cut
World

The Iran war has put the brakes on the next Bank of England rate cut

A road closure sign leans against a wall outside Royal Exchange in the heart of the City of London, on 13th June 2022, in London, England. Richard Baker | In Pictures | Getty Images Before the war in Iran erupted, the Bank of England was widely predicted to be on course to cut interest rates […]

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Oil shock prompts South Korea to impose fuel price cap for the first time in 30 years
World

Oil shock prompts South Korea to impose fuel price cap for the first time in 30 years

Riders refuel their motorbikes at a gas station in Hongdae district in Seoul, South Korea, on Saturday, July 2, 2022. Bloomberg | Bloomberg | Getty Images South Korea is set to impose a price cap on fuel products for the first time in 30 years, as oil prices skyrocketed on Monday due to the war […]

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Prediction markets face questions on bets on the Iran war, from nuclear detonation to regime change
Technology

Prediction markets face questions on bets on the Iran war, from nuclear detonation to regime change

TKO Group Holdings Inc. and Polymarket signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, Nov. 13,2025. Michael Nagle | Bloomberg | Getty Images The Iran war has shone a light on what prediction markets regard as unacceptable subjects for betting, as they faced backlash when users […]

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