UK Faces Recession Risk as Iran War Threatens Growth and Inflation
The UK risks finding itself on the brink of recession as a result of the Iran war, a leading economics think tank has warned, as the potential damage to Rachel
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The UK risks finding itself on the brink of recession as a result of the Iran war, a leading economics think tank has warned, as the potential damage to Rachel
Pakistan’s Prime Minister Shehbaz Sharif announced on Wednesday that the country’s oil import bill has jumped 167% to $800 million per week amid the war in Iran
President Trump reportedly rejected Iran's offer to end the U.S. blockade and open the Strait of Hormuz, sending crude oil prices surging 6%.
The Federal Reserve kept interest rates steady at what is likely to be Jerome Powell’s last policy meeting as chair.
Use of costly missiles and air defence interceptors raises alarm about US readiness for other conflicts
Iran war is fueling inflation and slowing growth around the world, according to a new report.
The price of crude oil has swung sharply as uncertainty over the war in the Middle East continues.
The U.S. economy got off to a slow start in 2026, but it appears to have finished strong at the end of the first quarter, despite the war with Iran.
Iran is running out of places to put its oil — and in just a few weeks, global crude supply could take another hit that few investors are prepared for.

Oil rises, stocks dip with Iran, earnings and Fed in focus
Negative headlines on the Iran war pushed bond yields higher, and mortgage rates followed.
The latest move higher comes amid reports that the U.S. will look to extend its blockade of Iranian ports.
In Meta's earnings report after the bell, investors will be monitoring the company's hefty AI spending and whether the war in Iran is having an impact.
Democratic lawmakers grilled Hegseth about the Iran war in a hearing about the Pentagon's budget.
The UAE has faced repeated missile and drone attacks by Iran, a fellow OPEC member, as it responds to the U.S.-Israeli war.
Last month, QatarEnergy declared force majeure on long-term liquefied natural gas (LNG) contracts to buyers in Europe and Asia following severe damage to its Ra
It will take many months for Middle East gas and oil volumes to fully recover from the U.S./Israel-Iran conflict, even if all hostilities stop today. In the cas
The U.S. continues to seek to pile pressure on Iran with the naval blockade outside the Strait of Hormuz as the Trump Administration signals the blockade is yie
The new energy crisis triggered by the Middle East conflict could hurt European consumers and industries for years, European Commission President Ursula von der
U.S. gas prices have hit a fresh record since the start of the war with Iran, according to the motor club AAA.