As the conflict triggers economic disruption some risk being hit hard, while others stand to benefit. ...
Trump compares attack on Iran to Pearl Harbor in meeting with Japanese PMTrump compares attack on Iran to Pearl Harbor in meeting with Japanese PM
In a meeting with Japanese Prime Minister, US President Donald Trump was asked why he didn’t inform allies about his plan to attack Iran. ...
Several injured as turbulence hits Delta flight into SydneySeveral injured as turbulence hits Delta flight into Sydney
Three flight attendants were taken to hospital after the Airbus A350 experienced turbulence during its descent into Sydney Airport. ...
‘The saddest day for Muslim worshippers in Jerusalem’: al-Aqsa mosque closed at Eid‘The saddest day for Muslim worshippers in Jerusalem’: al-Aqsa mosque closed at Eid
Palestinians say the move is part of a wider Israeli strategy to leverage security tensions to tighten restrictions For the first time since 1967, al-Aqsa mosque – Jerusalem’s most sensitive holy site – will be closed at the end of Ramadan on Friday, with tensions rising among Palestinians as Israeli ...
Russia benefits from Iran war’s oil shocksRussia benefits from Iran war’s oil shocks
The Iran war’s global energy shocks are proving to be a boon for Russia — and may also benefit Tehran. To cope with the shortfall of oil supply from the Middle East, Washington last week lifted sanctions on Russian oil that was already in tankers, a move that caught Kyiv ...
Gold, other metals fall as Iran war roils commoditiesGold, other metals fall as Iran war roils commodities
The prices of metals both precious and industrial fell Thursday as the Iran war roiled global commodities markets. The selloff hit copper and palladium, joining gold and silver, which have fallen since the war began. Gold is typically seen as a safe-haven asset, but surging oil prices have spurred concerns ...
Strain evident in Trump-Takaichi White House meetingStrain evident in Trump-Takaichi White House meeting
Japanese Prime Minister Sanae Takaichi heralded her warm ties with US President Donald Trump in a White House meeting on Thursday, but the strain in the countries’ alliance was evident. Even as Trump praised Japan for joining several Western countries in pledging to help stabilize global energy markets, he said ...
Central banks raise the inflation alarmCentral banks raise the inflation alarm
Central bankers in major economies are voicing concerns about the risk of inflation stemming from the war in Iran. The US Federal Reserve Chair spoke of an accumulation of shocks — “the tariff shock, the pandemic, and now an energy shock” — that blunts progress on fighting inflation. The European ...
Treasury eyes lifting sanctions on Iranian oilTreasury eyes lifting sanctions on Iranian oil
Desperate to rein in oil prices as they broke $119 a barrel early this morning, the Trump administration teased new plans to free up additional supply. Treasury Secretary Scott Bessent told Fox Business his department may soon lift sanctions on “about 140 million barrels” of Iranian oil already in transit. ...
Netanyahu says Israel ‘acted alone’ in attack on Iranian gas fieldNetanyahu says Israel ‘acted alone’ in attack on Iranian gas field
Speaking at a news conference, the Israeli leader said Trump had requested that there be no further such attacks. ...