Iran

The closure of the Strait of Hormuz is causing a rapid depletion of commercial oil inventories, warns Fatih Birol, the chief of the International Energy Agency (IEA). Birol made these comments at the Group of Seven finance leaders meeting in Paris on Monday. He revealed...

Mortgage costs are rising sharply across the U.S. and Europe as the economic fallout from the Middle East conflict spreads into global housing markets, increasing pressure on homebuyers and borrowers despite central banks holding interest rates steady. According to a Financial Times report...

Cryptocurrency bettors are aggressively betting on crude oil prices amid President Donald Trump’s latest escalation in war rhetoric. Which Way Is WTI Heading? Polymarket, a Polygon (CRYPTO: POL) based prediction platform that allows users to wager on an outcome using the USDC (CRYPTO: USDC) ...

GasBuddy analyst Patrick De Haan dismissed talks of the average price of gas in the U.S. reaching $7/gallon as tensions escalate in the Middle East amid the U.S.-Israel and Iran war. National Average Wouldn’t Reach $6-7/Gallon In a post on X on Saturday, De Haan quoted a post by a user who...

President Donald Trump has issued a stern warning to Iran, highlighting the urgency of stalled peace negotiations. ‘Clock Is Ticking' In a Truth Social post, Trump emphasized that the “clock is ticking,” urging Iran to act swiftly or face severe consequences. This follows his rejection...

President Donald Trump defended his comments on the economic impact of the Iran conflict, saying preventing Tehran from obtaining a nuclear weapon is more important than Americans' rising cost-of-living concerns. Trump Defends Iran War On Friday, speaking to Fox News anchor Bret Baier before...

President Donald Trump insisted on a legitimate 20-year assurance of no nuclear activity from Iran, and hinted at possible action to get the Strait of Hormuz opened. Speaking during an Air Force gaggle while traveling from Beijing to Washington, Trump revealed that he had dismissed Iran’s...

Sen. Bernie Sanders (I-Vt.) responded sarcastically on Thursday after a report said U.S. intelligence assessments show Iran retained much of its missile capability despite repeated Trump administration claims that Tehran's military had been "decimated." Sanders Questions Trump's Iran Claims "...

Economist and co-founder of Echelon Wealth Partners, Peter Schiff, called the Iran war a foreign policy blunder on Thursday, slamming the President Donald Trump administration amid escalating tensions in the Middle East. ‘Not Advocating’ For Ground Invasion In a post on X, Schiff...

Treasury Secretary Scott Bessent has predicted a quick turnaround in the current inflation and high oil prices after a brief period of skyrocketing prices. Bessent, in a discussion with CNBC’s Joe Kernen on Thursday, stated that he is confident these issues will be swiftly resolved once...

President Donald Trump‘s ongoing visit to China could potentially unsettle markets if it fails to bring about a breakthrough in the U.S.-Iran war, according to an analyst. Thierry Wizman, global FX and rates strategist at Macquarie Group, told Market Watch on Wednesday that the...

Reza Pahlavi, son of Iran’s last shah, criticized President Donald Trump‘s handling of the Iran war and called on the president to overthrow Tehran’s Islamist regime. Pahlavi voiced his concerns during an interview at POLITICO’s Security Summit on Tuesday. He suggested that...

The U.S. military is reportedly considering renaming the war with Iran, should the current ceasefire fail and President Donald Trump decide to resume major combat operations. The discussions about the change in name from “Operation Epic Fury” to “Operation Sledgehammer...

Governor Jay Robert “JB” Pritzker (D-IL) called President Donald Trump a “liar” on Tuesday, accusing the administration of causing a surge in fuel costs amid the war with Iran. Donald Trump Is A Liar In a post on X, Pritzker quoted a post by GasBuddy analyst Patrick De Haan...

Sen. Lindsey Graham (R-S.C.) has expressed skepticism over Pakistan’s role as a mediator in the ongoing war between Iran and the U.S. Graham took to X on Monday to voice his doubts about Pakistan’s neutrality in the Iran-US conflict. His post was in response to a CBS...