US-Iran

Iran warned the United States that any escalation in the region would be met with a military response, blaming President Donald Trump for derailing a chance at de-escalation. Iran Warns Trump Over Escalation On Saturday, Iranian Foreign Minister Seyed Abbas Araghchi said that comments and actions...

On Friday, Senate Minority Leader Chuck Schumer (D-N.Y.) warned that the conflict in the Middle East may be expanding after a report said Russia is sharing intelligence with Iran on U.S. military assets. Report Claims Russia Passed Targeting Data To Iran A report by The Washington Post said Russia...

Here are the latest developments in the U.S.–Israel–Iran war on Friday at 7:45 AM ET, as the conflict enters its seventh day. According to the Iran Red Crescent Society, at least 1,230 people in Iran have been killed since the war began on Saturday. Iran's Red Crescent chief Pir Hossein Kolivand...

The ongoing U.S.-Iran war has unsettled markets this week. Over the past 5 days, the Dow Jones Industrial Average (DJIA) fell 2.64%, and the S&P 500 eased 0.38%. However, the NASDAQ Composite climbed 0.59% during the period. The EURO STOXX 50 also declined 5.98%, Nikkei 225 fell 4.06%, while...

The United Arab Emirates (UAE) is reportedly considering freezing billions of dollars in Iranian assets, a move that could have a severe impact on Tehran's economy. The potential action is a response to the escalating U.S-Iran-Israel war and could severely restrict Iran’s access to foreign...

President Donald Trump has countered Iranian Foreign Minister Abbas Araghchi‘s comments, dismissing the notion of a ground invasion and urging Iranian forces to surrender. The president, while speaking to NBC News on Thursday, called Araghchi’s insinuation of a potential U.S. and...

Here are the latest developments in the U.S.–Israel–Iran war on Wednesday at 8.30 AM ET, as the conflict enters its sixth day. According to the US-based Human Rights Activists News Agency (HRANA), at least 1,114 civilians in Iran have been killed since the war began on Saturday. Iran Denies...

Biden-era Secretary of State Antony Blinken expressed concerns over the consequences of a prolonged U.S.-Iran war and said that two factors that would determine its direction are markets and munitions. The former State Secretary noted that President Donald Trump pays a lot of attention to stock...

The U.S.-Iran war is all set to enter its sixth day, with no signs of a ceasefire or an agreement anytime soon. Iran's Supreme Leader, Ayatollah Ali Khamenei, was killed on the first day of the war, along with several senior leaders. The death toll in Iran has reportedly crossed 1,000, with...

Here are the latest developments in the U.S.–Israel–Iran war on Wednesday at 9 AM ET, as the conflict enters its fifth day. U.S.-based Human Rights Activists News Agency (HRANA) said 1,097 civilians have been killed in Iran since the strikes began on Saturday. Turkey Protests Iranian Missile, Urges...

JP Morgan analysts have warned that the ongoing closure of the Strait of Hormuz could significantly reduce crude oil supplies from Iraq and Kuwait within days. Analysts, as cited by Reuters, predicted that the ongoing Middle East conflict could lead to a cut of 3.3 million barrels per day (bpd) by...

President Donald Trump has issued a warning to Spain, hinting at the possibility of cutting off all trade relations and imposing potential embargoes against the NATO ally. During a meeting with German Chancellor Friedrich Merz in the White House on Tuesday, Trump showed his displeasure towards...

A wave of selling gripped Wall Street on Tuesday as the widening war between the U.S., Israel and Iran showed no sign of abating, driving crude oil sharply higher. Drone strikes hit the US Embassy in Riyadh overnight, and the State Department ordered evacuations at facilities in Bahrain, Iraq, and...

The U.S.’s military campaign against Iran, Operation Epic Fury, could cost American taxpayers between $40 billion and $210 billion, according to Kent Smetters, director of the Penn Wharton Budget Model (PWBM). Smetters provided a range of estimates, with the smallest direct budgetary cost...

Detroit-based automakers Ford Motor Co. (NYSE:F), General Motors Co. (NYSE:GM) and Stellantis NV (NYSE:STLA) recorded declines in stock as the U.S.-Iran war intensifies and oil prices surge across the globe. Ford, GM, Stellantis Slide On Monday, Ford reported a decline of 4.97% at market close,...