The Iran war has turned the world’s shipping straits into a chessboard—and the U.S. aims to box out China from the Panama Canal to the Malacca Strait

While the U.S. and Iran remain mired in a stalemate of ever-evolving ceasefires, the Strait of…

U.S. to withdraw 5,000 troops from Germany as Trump feuds with Merz over the Iran war

The United States will withdraw about 5,000 troops from Germany in the next 6-12 months, the…

Exxon CEO sees “more to come” on price spikes from Iran war as Exxon, Chevron beat on earnings

Exxon Mobil CEO Darren Woods predicted that crude oil and fuel prices will continue to surge…

Trump on Iran: ‘They want to make a deal, I’m not satisfied with it, so we’ll see what happens’

U.S. President Donald Trump said Friday he was “not satisfied” with Iran’s latest proposal in negotiations to end…

Supermicro—accused of smuggling $2.5 billion in Nvidia chips to China—has been here before, in Iran

Supermicro has spent the past three years riding the AI wave in Silicon Valley but before…

Investors shrug off Iran worries to return to Asia, ‘backbone of the whole AI value chain’

Asia’s stock markets have rebounded since the outbreak of the Iran war over two months ago,…

Your laundry bill is about to get more expensive—and Unilever says the Iran war is partly to blame

Consumers may be feeling the effects of global energy disruptions not only at the pump but…

Mohammed El-Erian: Global recession could happen within a month if Strait of Hormuz stays closed

The countdown is on: The global economy has four weeks, eight at most, if it is…

The Strait of Hormuz is a data problem, not just a military one

Since the first tanker pushed through it, the Strait of Hormuz has been treated as a…

‘A strategic blunder’: Democrats confront Hegseth as the Iran war’s price tag hits $25 billion

Making his first appearance before Congress since the Trump administration went to war in Iran, Defense…

US has spent $25bn on Iran war so far – Pentagon

Pentagon officials said the Iran war had cost $25 billion so far, offering the estimate in…

Oil price soars as Trump extends Iran blockade – Daily Business

Donald Trump met energy executives Oil prices have risen sharply following reports that the US is…

‘God save the king,’ Trump welcomes Charles on America’s 250th anniversary of independence

King Charles III acknowledged “times of great uncertainty” as he expressed gratitude to the American people and…

$500 million superyacht linked with Russia’s richest man just passed through blockaded Hormuz Strait

Though the Strait of Hormuz has been effectively closed as the war in Iran enters its…

Oil and gas profits surge as drivers face higher fuel prices amid Iran war

If drivers saddled with pricey fees at the pump have been one of the biggest economic…

UAE to leave Opec in May as Iran war reshapes oil market

The United Arab Emirates will leave Opec and its wider alliance, dealing a blow to the…

Another airline shuts down over Iran war, all flights off

With the current cost of jet fuel adding what often ends up being the final blow…