US gas prices have reached an all-time high since 2022, hitting $4 a gallon, as the Iran war escalates and drives up energy prices, marking the first time in nearly four years the average cost has climbed above this threshold.
Politicsdigi24index-hrobservador+6hotnewsTimes of Indiahindustan-timesjerusalem-postnaftemporikiANSA2h ago9 sources
Mojtaba Khamenei, identified as the new supreme leader of Iran, is reportedly in the country but avoiding public appearances for security reasons, according to the Iranian ambassador to Rome and a Russian diplomat. The Iranian ambassador has explicitly stated that Mojtaba Khamenei is alive, dismissing rumors to the contrary as 'propaganda and disinformation,' with the Russian envoy further clearing the air on his whereabouts and confirming he is in Iran but avoiding public appearances.
War Secretary Pete Hegseth has declined to reaffirm the United States' commitment to NATO's collective defense, stating that President Trump will make the decision regarding Article 5 due to a perceived lack of support from European allies. Adding to the uncertainty, Fox News host Laura Ingraham questioned if President Trump was 'fully briefed about the risks of all of this from the beginning' regarding the Iran war plan.
Bosnian citizens are expressing fear as daily fuel price increases have been recorded since the start of the Middle East conflict, with the Federal Ministry of Trade noting price hikes at the end of the month.
Amid escalating Middle East tensions, China and Pakistan have jointly presented a detailed five-point initiative, urging an immediate ceasefire, peace talks, and normal navigation in the Strait of Hormuz to end the conflict between the US, Israel, and Iran.
BusinessThe IndependentTimes of Indiahindustan-times+1straits-times4h ago4 sources
An Indian-flagged LPG tanker, Pine Gas, successfully navigated the Strait of Hormuz despite facing a nearly three-week delay due to Iran's selective passage policy, with its crew witnessing missiles and drones overhead and Indian warships providing assistance.
On day 32 of the US-Israel war against Iran, President Trump claimed to have "obliterated" Iran, despite earlier reports from Defense Secretary Hegseth that Iran retained its ability to strike. Iran's Revolutionary Guards have now confirmed the killing of a brigadier general in a US-Israeli airstrike, who was sanctioned by the US over an oil network funding Tehran-backed proxies.
US gas prices have surpassed $4 a gallon, reaching their highest level since 2022, while consumer confidence inches up despite soaring prices brought on by the war in Iran, even as stock markets experience gains.
SAN FRANCISCO, Agusan del Sur – The ongoing oil crisis is putting a strain on the livelihood of tricycle drivers in this town, with their daily earnings dropping by almost half. Roel Gaano, a…
An analysis suggests a potential US ground invasion of Iran's Hormuz and Kharg island could take weeks or months, requiring significant troop deployment and explaining any delays in military action.
Iran is reportedly preparing for further US escalation in the ongoing conflict, with officials expressing confidence in their ability to outlast the United States and questioning if the war can conclude before it widens.
Before their friendly match against Costa Rica in Turkey, Iran's players and team officials posed with photographs of children killed in the Middle East war, an event attended by FIFA president Gianni Infantino.
Billionaire investor Warren Buffett has stated that the development of a nuclear bomb by Iran, alongside the growing number of nuclear-armed states, would make a global nuclear disaster harder to avoid. He emphasized that this trend fundamentally alters the global risk landscape.
Music producer Benny Blanco has recommended starting night outs with olive oil shots, claiming they prevent hangovers, though health experts are urging caution regarding this advice.
North Korea's KCNA and Russia's TASS news agencies have announced a partnership to jointly counter what they describe as 'disinformation' from their 'many enemies' in an escalating information war.
A viral video circulating online, which claimed to show a significant US military deployment to the Middle East, has been debunked as completely fake, according to reports.
China and Pakistan have jointly proposed a five-point peace plan for the Middle East, urging a ceasefire, as Iran's Revolutionary Guards continue to issue warnings against US companies like Apple, Google, and Meta, citing retaliation for 'targeted assassinations' of Iranian leaders.
FIFA President Gianni Infantino has reiterated that Iran will play its World Cup games in the United States as scheduled, despite the ongoing Middle East conflict and requests from the Islamic Republic to move matches to Mexico. Infantino insists Iran "will play at the World Cup" as planned.
The UK government has announced it will send additional air defence systems and troops to the Middle East to defend Gulf allies against Iran’s ‘aggressive’ attacks, reinforcing Britain's commitment despite Donald Trump's jibes over British military involvement.
Philippine lawmakers are urging decisive action on rising fuel prices, while the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) has assured sufficient fuel for April. Commuters in Cebu are struggling with higher fares and fewer public transport options due to the oil price hikes, leading more residents to use public transportation, and the BFAR has extended fuel assistance to 900 fishers in Biliran province.
France and Italy, along with Spain, are blocking the United States from using their airspace and bases for military flights related to the Iran conflict, with an increasing number of European countries withholding support, causing tensions and drawing criticism from President Trump.
Leading US stock exchanges are experiencing significant gains following reports that Donald Trump is considering ending the war against Iran, despite the Strait of Hormuz not being opened.
A US government panel has exempted oil and gas drilling in the Gulf of Mexico from endangered species rules, a decision critics argue exploits a 'self-made gas crisis' and could endanger the rare Rice's whale.
A 27-year-old overseas Filipino worker (OFW) from La Union was forced to return to the Philippines after only five months in Kuwait due to ongoing tensions in the Middle East, cutting short his dream of providing a better life for his family.
Iran has reportedly stepped up executions, with experts and Amnesty International warning that these state killings are being used to suppress political dissent. Two recent executions occurred without advance notice, denying the individuals legal counsel or farewells.
New Zealand's Reserve Bank (RBNZ) is navigating an uncertain economic landscape, with the Iran war and a resulting oil shock significantly impacting its outlook.
Jordan has strongly condemned the Iranian attack on its territory involving ballistic missiles, which occurred during US and Israeli strikes on Iran, and is seeking calm amidst the Middle East storm.
An Atlantic Council researcher has offered advice on how to maintain international attention on Ukraine amidst the ongoing war in the Middle East, suggesting strategic use of informational narratives and demonstrating military capabilities.
A Russian tanker has arrived in Cuba with an oil shipment, testing the limits of US sanctions and Trump's Cuba squeeze. Cubans cautiously welcome the delivery, though some warn it will do little to ease the energy crisis.
European inflation saw its steepest jump since 2022, driven by soaring energy prices linked to the Iran war, even as core CPI unexpectedly shrank. This surge has led leading economic research institutes to lower their growth forecasts and predict higher overall inflation for the eurozone.
Gold and silver prices have strengthened, and FTSE stocks have risen following reports that Donald Trump is prioritizing diplomatic efforts in the Iran war. Barrick Mining Corporation also surged due to strong gold prices, reflecting broader market reactions to the perceived de-escalation.
China and Pakistan have jointly called for an immediate end to the Middle East war and the swift launch of peace talks, announcing a shared five-point initiative to restore peace and stability. Both nations continue to urge a Middle East ceasefire, with China emphasizing enhanced strategic coordination with Pakistan on the Iran crisis to promote dialogue and help end the conflict.
TechnologymorgunbladidTimes of Indiaklix-ba+1ndtv1h ago4 sources
Iran's Revolutionary Guard has escalated threats against leading American technology companies, including Apple, Google, and Meta, vowing attacks on 15-18 US tech giants starting tomorrow and demanding their regional offices evacuate. This follows alleged Israeli-US intelligence-backed strikes that Iran claims, with the Guards listing companies complicit in the 'targeted assassination' of officials.
WorldirozhlasmarketwatchTimes of India2h ago3 sources
Former President Donald Trump has reiterated his call for European allies to either purchase jet fuel from the United States or take it themselves from the Strait of Hormuz. He criticized NATO and suggested countries needing oil should be more assertive in securing it, stating the US will not come to the aid of allies who did not help in the past.
Qatar's foreign ministry spokesperson, Majed Al-Ansari, announced that Gulf states are united in their commitment to de-escalation and support diplomacy, with Qatar specifically stating its readiness to help with US-Iran negotiations and insist on being part of any solution for the Strait of Hormuz crisis.
Qatar has cautioned Iran that its attacks on neighboring countries have crossed 'red lines' and called for an immediate de-escalation of tensions. Meanwhile, Pakistan and China are leading diplomatic efforts for peace in the region, as Doha states Iranian attacks are having a 'catastrophic effect' on relations.
Fish prices in the Philippines are expected to climb even higher during Holy Week, driven by increased demand and rising production costs linked to the ongoing oil price surge, according to a fishers’ group.
An impending streaming war between Netflix and HBO, centered around a specific high fantasy franchise, is anticipated to greatly benefit fans of the genre.
Iran's Revolutionary Guards have issued a threat to target US tech firms, stating that such actions would be taken if more Iranian leaders are killed. This warning escalates tensions amid ongoing regional conflicts.
The US military has confirmed that its 70-year-old B-52 Stratofortress bombers are now conducting overland missions in Iran, indicating an expansion of US air superiority in the region.
State-run power utility in Cyprus announced that electricity prices are expected to decrease by 5% in April, though this benefit may be short-lived if global crude oil prices remain high.