President Donald Trump on Thursday said that he was extending a pause in attacking Iran‘s energy facilities by 10 days, to April 6, at the request of the government of the Islamic Republic. Trump’s announcement on Truth Social came as key stock market indices fell and oil prices rose. “As per Iranian Government request, please…
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…
A satellite view of Qeshm Island in Hormozgan Province, Iran, within the Strait of Hormuz region on January 17, 2026. Gallo Images | Gallo Images | Getty Images The U.S. is preparing to send thousands more troops to the Middle East, prompting speculation about a ground attack on Iran amid conflicting accounts of peace talks….
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…
U.S. President Donald Trump welcomes Saudi Crown Prince and Prime Minister Mohammed bin Salman during an arrival ceremony on the South Lawn of the White House in Washington, D.C., U.S., November 18, 2025. Kevin Lamarque | Reuters Gulf states issued a joint statement on Thursday condemning Iran’s “blatant” and “criminal” attacks against their energy infrastructure,…
A screen displays a portrait of Iran’s new supreme leader Mojtaba Khamenei during the funerals of Iran’s Revolutionary Guards Corps (IRGC) commanders, army commanders and others killed in the early days of the United States and Israeli strikes on Iran, at Enghelab Square in Tehran on March 11, 2026. Atta Kenare | Afp | Getty…
An Iranian security worker monitors an area in phase 19 of the South Pars gas field in Assalooyeh, on Iran’s Persian Gulf coast, on Aug. 23, 2016. Morteza Nikoubazl | Nurphoto | Getty Images Oil prices have been gripped by volatility since the U.S.-Iran war began nearly four weeks ago. But analysts say the market…
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…
Wall Street is in denial about the market’s strength, Jim Cramer said, arguing that investors are dismissing falling oil prices and what he calls the “presidential put.” “When in doubt in this market, check the direction of oil. Ignore those who scoff at every word out of the president’s mouth,” said Cramer Wednesday on “Mad…
A pump jack is seen in a field on March 18, 2026 in Pecos, Texas. Brandon Bell | Getty Images Oil prices rose Thursday after Iran signaled it had no intention of holding direct talks with the United States, even as a U.S. proposal to end the war is under review by senior officials in…
