The Iran War has seen a significant escalation with Israeli and US attacks on Iranian gas fields and nuclear plants, followed by Iran's retaliation against Qatar's gas facilities and other regional energy infrastructure, leading to a surge in UK and EU gas prices.
US President Donald Trump has threatened to 'massively blow up the entirety' of the world's largest gas field, Iran's South Pars, if Iran attacks Qatar again, reiterating a warning that the US would not tolerate further aggression in the region.
Qatar reported "extensive" damage on Thursday to the site of the world's largest liquefied natural gas (LNG) facility following Iranian strikes, sparking fears for global energy supplies and fresh…
Stanford economists report that rising gasoline prices, influenced by the Iran war, are effectively canceling out tax refunds for American households, leading to negative financial outcomes.
Iraq has been drawn into the Middle East war, with strikes targeting Iran-backed groups and retaliatory attacks on US interests across the region following a US-Israel attack on Iran.
The Pentagon has requested the White House to approve a more than $200 billion request to Congress for emergency funds to cover the costs of the ongoing war against Iran. This comes as the conflict enters its third week, having already incurred significant expenses.
Nematollah Shahsavani and Alireza Farasati have been charged in the UK with spying for Iran, allegedly targeting Jewish communities in London over a five-week period, following an investigation by Counter Terrorism Policing into alleged surveillance.
Iran suffered a fresh blow Wednesday with the killing of its intelligence minister as the new supreme leader, yet to be seen since replacing his slain father, vowed to avenge the death of the country's security chief. Israel has killed one senior Iranian leader after another in airstrikes as it seeks to topple the Islamic Republic.
Central banks worldwide are struggling to set monetary policy as energy prices soar following strikes on natural gas facilities in Iran and Qatar, leading to a highly uncertain inflationary outlook.
Despite the military might of the US, which has sent two aircraft carriers to the region, Iran has the capability to disrupt operations with its drones and the threat of mines, which, for now, are…
The Brent crude oil benchmark rose to $112 a barrel in early Thursday trade.
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President Donald Trump is reportedly facing a critical decision regarding the Iran war, specifically whether to deploy U.S. troops on the ground to secure enriched uranium that Tehran could use for nuclear weapons.
Donald Trump has vowed that there will be no more attacks by Israel on Iran's gas field after it 'violently lashed out'. Meanwhile, a Saudi political analyst, Khaled Batarfi, criticized Iran’s attacks on the GCC, describing them as irrational and anger-inducing.
Iran is considering introducing transit fees for ships passing through the strategic Strait of Hormuz, with Iranian Members of Parliament reportedly proposing the tolls.
European Union leaders are set to convene in Brussels to discuss geopolitical crises concerning Iran and Ukraine, with a focus on finding 'quick fixes' to curb the jump in energy prices triggered by the Iran war.
Ukraine is exploring a potential one-third expansion of rapeseed plantings to 1.5 million hectares this autumn, driven by the Iran conflict's impact on fuel prices and the subsequent increased demand for biodiesel feedstocks.
The Israeli Air Force (IAF) struck and destroyed an IRGC helicopter stationed at an airport in western Iran, following earlier strikes on Iranian military targets in the Caspian Sea.
Russian officials have promised compensation to farmers in the Novosibirsk region after authorities ordered the culling of thousands of cattle, which sparked Russia's largest non-political protests since the start of the war in Ukraine.
European Union leaders are holding a summit in Brussels to discuss the Iran war, energy prices, migration, and the significant loan for Ukraine that is currently being blocked by Hungary.