A general view of Tehran with smoke visible in the distance after explosions were reported in the city, on March 2, 2026 in Tehran, Iran. Contributor | Getty Images U.S. President Donald Trump on Thursday threatened to destroy Iran’s bridges and power plants, saying the “New Regime leadership knows what has to be done, and…
Senator Mark Warner (D-VA) and Sen. Adam Schiff (D-Calif.). Nathan Posner | Anadolu | Tom Williams | CQ-Roll Call, Inc | Getty Images Sens. Mark Warner, D-Va., and Adam Schiff, D-Calif., demanded answers on potential insider trading in government in a letter sent Thursday to the head of the Securities and Exchange Commission and the…
U.S. gasoline prices have surged above $4 per gallon for the first time in more than three years, as the oil supply shock triggered by the Middle East war rapidly drives up costs for families. Prices at the pump hit a nationwide average of $4.018, the highest level since August 2022 when Russia’s war against…
Almonty’s tungsten mine in Sangdong, South Korea, in March 2026. Almonty BEIJING — The Iran war is squeezing a global commodities market already pressured by China’s export controls and stockpiling efforts. Prices of three niche elements — tungsten, sulfur and helium — have climbed sharply in recent weeks. While none of the commodities are traded…
Managed future strategies are gaining renewed attention as investors look for new sources of returns from the market at a time when both stocks and bonds are under pressure as a result of the U.S.-Iran war and the risk of 1970s-style stagflation. These strategies, which are typically run by commodity trading advisors, use systematic models…
While the impact of the war in Iran is sparing no major global economy, the U.K. is predicted to bear the greatest economic hit of any developed market nation, according to the Organization for Economic Cooperation and Development. In its latest economic report revising growth and inflation forecasts made in December, the OECD made steep…
U.S. President Donald Trump arrives at the G7 summit in Kananaskis, Alberta, Canada, June 16, 2025. Kevin Lamarque | Reuters The U.S. and Israeli war on Iran is having a catastrophic impact on the global economy, European members of the G7 have warned ahead of a key summit on Thursday. Foreign ministers from the group…
WASHINGTON DC, UNITED STATES – MARCH 20: United States President Donald Trump (R) speaks to the press before his departs the White House en route Miami, Florida on March 20, 2026, in Washington DC. Celal Gunes | Anadolu | Getty Images Nearly a month into the Iran war, the United States is preparing to send…
Workers check vehicle frames on the production line for electric vehicle maker Zeekr at its factory on May 29, 2025 in Ningbo, China. Kevin Frayer | Getty Images News | Getty Images The fallout from the Iran war is likely to expedite the shift away from fossil fuels and make countries think differently about the…
Sheikh Nawaf Al-Sabah, chief executive officer of Kuwait Petroleum Corp., speaks during the CERAWeek by S&P Global conference in Houston, Texas, US, on Tuesday, March 11, 2025. F. Carter Smith | Bloomberg | Getty Images HOUSTON — Kuwait on Tuesday said Iran’s closure of the Strait of Hormuz amounts to an economic blockade of Gulf…
