President Trump has always linked the economy to stock and oil numbers. When U. S. forces hit Iranian targets last week, global energy markets reacted sharply. Oil prices climbed, with Brent crude almost 65 percent higher than before the conflict began. At the same time, stock markets fell.
The U. S. inflation rate stayed flat in February, matching what economists had predicted. Prices climbed 2. 4 percent compared with a year earlier, leaving the rate unchanged from January and just above the Federal Reserve’s 2 percent goal. Fuel costs, however, jumped sharply as traders braced fo
The war near the Strait of Hormuz has entered its twelfth day, and the world is watching closely. A drone strike on a U. S. operations center outside Kuwait killed six soldiers and left many others with serious injuries, such as brain trauma, shrapnel wounds, burns, and amputations. One survivor tol
The day a new leader was named, bombs began to fall. Mojtaba Khamenei, only 56, stepped into the role after his father’s death during the first attack. Reports say he was hit in the legs that same day, which explains why he has stayed out of public view for almost two days. No official statement or
The International Energy Agency has decided to make a record‑sized move by putting 400 million barrels of oil into the market. This is the biggest emergency release it has ever carried out, and it aims to soothe the shock caused by fighting in Iran. The agency did not give a specific date for when t
A conversation on Friday night saw Russia’s leader reach out to Iran’s head of state, offering sympathy for the heavy losses in the current conflict. The dialogue highlighted concerns over many civilian deaths linked to what Russia calls “armed aggression” involving Israel and the United States. Pre
Trump has stated he wants a say in who will lead Iran after the current Supreme Leader’s death. He claims this is part of a plan to change the Iranian regime, not just remove its top cleric. Iran’s political system is built on a mix of religious, security and government bodies that have long r
Satellite pictures and expert opinions point to a U. S. airstrike as the cause of a blast that killed many children at an elementary school in Minab, Iran. The attack happened on February 28 and is the deadliest civilian incident since the war began, with over 165 victims. The school sits beside a R
The recent conflict involving Iran shook Wall Street, but it did not cause a collapse. Instead, it highlighted the weaknesses of investment strategies that rely on spreading risk to protect against market turbulence. During the week, shares and government bonds fell together. Oil prices climbed sha
"The United States and Israel appear to be reshaping the Middle East by encouraging Kurdish fighters in Iran to spark conflict that could split the nation. The plan, if it exists, would aim to weaken Tehran’s grip and create a power vacuum that the Kurds might try to fill. In recent reports, Trum
