Pentagon's Hegseth defends Iran war, says it is not a quagmire
U.S.
April 29, 2026U.S.
April 29, 2026
The United States became a net exporter of crude for the first time since World War Two as the country shipped a record volume of oil
April 29, 2026
OPEC+ will likely agree a small oil output quota hike on Sunday despite the loss of the lion's share of its exports due to the U.S.-
April 29, 2026
Oil prices surged over 6% on Wednesday to settle at their highest in weeks, as deadlocked U.S.-Iran negotiations made investors more concerned
April 29, 2026
Phillips 66 posted a surprise first-quarter adjusted profit on Wednesday, as strong refining margins and higher capacity utilization helped
April 29, 2026
The dollar strengthened against major currencies on Wednesday after the U.S.
April 29, 2026
Spot premiums for physical crude have slipped from record highs reached earlier during the Iran war as refiners are
April 29, 2026
German Chancellor Friedrich Merz said on Wednesday his relationship with U.S.
April 29, 2026
The United Arab Emirates is reassessing its role and contributions across multilateral organisations but is not considering any further withdrawals at this time, a UAE
April 29, 2026
U.S.
April 29, 2026
Taiwanese chipmaker UMC said on Wednesday that it continues to see resilient market demand despite headwinds from memory chip supply shortages and the impact of the Iran
April 29, 2026
Federal Reserve officials last met just over two weeks into the U.S.-led war on Iran and then had little data at their disposal beyond surging gasoline prices to
April 29, 2026
British shares drifted lower on Wednesday as investors parsed a mixed bag of corporate earnings, with attention turning towards central bank decisions on both sides of the
April 29, 2026
Inflation rose in three key German states in April, preliminary data showed on Wednesday, suggesting Germany's national inflation rate could increase
April 29, 2026
Euro zone economic sentiment plunged to a three-and-a-half-year low this month as the Iran war hit the services sector hard and inflation continued to
April 29, 2026
Top American companies from GM to Coca-Cola are trying to reassure investors they can weather the financial fallout from the Iran war, even as surging fuel and
April 29, 2026
President Donald Trump's approval rating sank to the lowest level of his current term, as Americans increasingly soured on his handling of the cost of
April 28, 2026
The United Arab Emirates on Tuesday said it was quitting OPEC, dealing a blow to the oil producers' group as an unprecedented energy crisis caused by the
April 28, 2026
BP’s profit more than doubled in the first quarter as the war in Iran drove energy prices sharply higher
April 28, 2026
U.S. single-family house prices were unchanged on a monthly basis in February, but elevated mortgage rates as the war with Iran continues could keep the dream of
April 28, 2026
JetBlue Airways said on Tuesday it plans to slow hiring, cut capacity and hike fares to soften the blow from soaring jet fuel costs after
April 28, 2026
British grocery inflation eased to 3.8% in the four weeks to April 19 from 4.3% in the previous period, data from Worldpanel by Numerator showed on Tuesday,
April 28, 2026
Japanese parts suppliers to automakers including Toyota face mounting cost and supply uncertainties due to the Iran war, warning that oil-related
April 28, 2026
South Korea's monetary policy board said a cautious, wait-and-see approach is appropriate for now as heightened uncertainty from the Iran war warrants more monitoring of
April 28, 2026
Euro zone banks tightened access to credit in the three months to March and expect to continue doing so this quarter as the war in Iran pushes up energy prices and
April 28, 2026
The U.S. stock market’s record-breaking rally slowed after uncertainty rose about what will happen next in the Iran war
April 27, 2026
Britons' short-term and long-term inflation expectations fell in April, in a surprise reading from a monthly survey by YouGov for U.S. bank
April 28, 2026
Authorities in Ukraine say a Russian drone attack on Ukraine’s southern city of Odesa has wounded 14 people including two children
April 27, 2026
Around 60 governments, including Brazil, Germany, Canada and Nigeria, will hold the first international meeting this week to discuss phasing out fossil
April 27, 2026
The Bank of Canada is expected to keep rates on hold at 2.25% on Wednesday as the oil price shock from the Iran war is a temporary blip unlikely to
April 27, 2026
British retailers reported the broadest year-on-year decline in sales in more than 40 years as the Iran war raised households' inflation fears, a survey
April 27, 2026
Two months since the outbreak of the Iran war, the charts below show how the economic toll is spreading beyond the Middle East, with
April 27, 2026
Farmers around the world are facing the second surge in fertiliser prices in four years due to the Iran war.
April 27, 2026
German consumer sentiment is expected to worsen heading into May as households' income expectations have become bleaker in the face of rising inflation, driven higher by
April 27, 2026
Global orders to build liquefied natural gas carriers (LNGC) are set to rebound this year after a 2025 slump as growing LNG output and vessel fuel
April 27, 2026
(Corrects April 27 story to delete first bullet point and paragraphs 3-4, which incorrectly said that Iran's attack on Jubail complex halted SABIC's production of PPE resin) By Che Pan, Liam Mo and
April 27, 2026
The Bank of England will keep interest rates on hold this week and try to look ahead to the damage building up for Britain's economy from the Iran war
April 27, 2026
The Iran war has the world buying more clean energy. China stands to benefit the most
April 27, 2026
Analysts have shaved their forecasts for Egyptian economic growth in a Reuters poll for this year and next as the Iran war drives up energy prices and puts
April 26, 2026
A surge for Intel following a blowout profit report led the U.S. stock market to more records, while oil prices kept yo-yoing in the wait for what’s next with the Iran war
April 24, 2026
Next week combines the big three obsessions for investors right now - the war in Iran, the path of interest rates and the AI boom.
April 24, 2026
An internal Pentagon email outlines options for the United States to punish NATO allies it believes failed to support U.S. operations in the war with
April 24, 2026
UK's main stock indexes recorded weekly losses as investors assessed tentative signs of renewed U.S.-Iran peace talks, while a Bank of England warning that global stocks could
April 24, 2026
U.S. consumer sentiment fell to a record low in April as households shrugged off a ceasefire in the war with Iran, remaining focused on the inflation
April 24, 2026
Consumer sentiment rebounds slightly after hitting lowest level on record
April 24, 2026
Norway should use some of the income from its $2.2 trillion sovereign wealth fund, the world's largest, to help civilians suffering from the war in Iran,
April 24, 2026
The United States could seek to punish Britain for its lack of support on the Iran war by reviewing its position on London's claim to the Falkland Islands
April 24, 2026
Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!
April 24, 2026
German business morale fell more than expected in April, as the Iran war made companies more pessimistic and threatened the long-awaited recovery of
April 24, 2026
British motorists worried about fuel price increases rushed to the pumps immediately after the start of the Iran war, pushing up total sales volumes
April 24, 2026
Ukrainian President Volodymyr Zelenskyy says U.S. weapon deliveries to Ukraine haven't stopped despite the Iran war
April 23, 2026
U.S.
April 24, 2026
U.S. stocks pulled back from their record heights on a shaky Wall Street
April 23, 2026
The Iran war is having a devastating humanitarian impact globally with higher energy prices making everything from filling the tank of an aid lorry to
April 23, 2026
The global economy is facing ever more tangible strains from the energy shock triggered by the Iran war
April 23, 2026
India's inflation risks have increased, driven by supply-side disruptions including the Iran war and weather-related uncertainties, the central bank
April 23, 2026
The risk of Germany slipping into recession has risen sharply due to the Iran war, a study by the IMK institute seen by Reuters on Thursday showed, as higher energy prices
April 23, 2026
U.S. business activity picked up in April after nearly stalling in the prior month, but supplier delivery times at factories worsened as the war with
April 23, 2026
More than 30 million people will be pushed back into poverty by the impacts of the Iran war including disruptions to fuel and fertiliser supplies just
April 23, 2026
When the European Union outlines looser state aid rules next week to help governments cushion the blow from energy prices driven
April 23, 2026
Inflation indicators from British companies flashed red in two long-running business surveys published on Thursday, which showed record
April 23, 2026
British manufacturers have turned their most pessimistic since the start of the COVID-19 pandemic due to the Iran war and a measure of the expectations for inflation has
April 23, 2026
U.S. stocks are rebounding and investors, reassured by diplomacy around the Iran war, are coming off the sidelines as AI-related
April 23, 2026
Stocks are at record highs and shrugging off the war with Iran
April 23, 2026
Germany's private sector contracted for the first time in almost a year in April as the Iran war put the brakes on the country's economic recovery, hitting demand and
April 23, 2026
Some people in Sudan say they have struggled to obtain medicines, and the war in Iran has made that worse
April 23, 2026
U.S. stocks surged on Wednesday, with the Nasdaq setting a new high and the S&P 500 a new closing high, as tech and earnings optimism
April 23, 2026
U.S.
April 23, 2026
Condom maker may raise prices because of Iran war
April 22, 2026
$28 billion and counting: Europe tallies the cost of another energy crisis
April 22, 2026
Companies from consumer goods to travel and mining warned on Wednesday that the U.S.-Israeli war with Iran is
April 22, 2026
The president of Cyprus says fellow European Union leaders meeting on the island nation need to start preparing a playbook on what should happen if an EU country under attack puts out the call to bloc partners for help
April 22, 2026
Tom Barrett tapped into voter frustration over high gas prices as part of his successful 2024 run for Congress in Michigan.
April 22, 2026
Turkish Foreign Minister Hakan Fidan will make an official visit to London this week for talks on the wars in Iran and Ukraine, a Turkish diplomatic source said on
April 22, 2026
The natural gas demand destruction currently resulting from the Iran war as governments implement measures to mitigate the crisis risks becoming
April 22, 2026
British consumers are gloomier about the economy than at any time since records began in 1978, according to a survey published on Wednesday that showed the Iran war and soaring
April 22, 2026
The U.S.-Israeli war with Iran and the closure of the Strait of Hormuz have caused the biggest oil supply disruption on record by daily output lost, though
April 22, 2026
Inflation in the U.K. climbed in March, driven by a sharp rise in fuel prices following the Iran war
April 22, 2026
Shares are mixed in Asia and oil prices are little changed as markets watch for the latest developments in the war with Iran
April 22, 2026
U.S. military officials are calling for spending tens of billions of dollars in the next budget year on drones, air defense systems and fighter jets that have been a key part of fighting the Iran war
April 21, 2026
The United States did not move a key missile defense system from South Korea to the Middle East for the Iran war, the commander of U.S. forces in Korea said on Tuesday
April 21, 2026
US at risk of running out of missiles if another war breaks out after depleting stockpile in Iran operations
April 22, 2026
U.S. retail sales increased more than expected in March as the war with Iran boosted gasoline prices and led to a record surge in receipts at service
April 21, 2026
South Africa's central bank said on Tuesday that the Iran war presented material upside risks to the country's inflation trajectory, with markets pricing in two interest
April 21, 2026
Shoppers accelerated their spending in March from February, but they spent a good chunk of their money at the gas pump
April 21, 2026
Britain's employers showed signs of caution in March after the start of the Iran war with a measure of hiring falling during the month and the
April 21, 2026
President Donald Trump's approval rating held at the lowest of his term in recent days as many Americans questioned his temperament amid the Iran war
April 21, 2026
Malaysia's Karex Bhd, the world's top condom producer, plans to raise prices by 20% to 30% and possibly further if supply chain disruptions drag on
April 21, 2026
German investor morale has sunk to its lowest level in more than three years in April as businesses start to feel the economic consequences of the Iran
April 21, 2026
Soaring oil prices in the wake of the U.S.-Israeli war on Iran are driving renewed demand for biofuels as the need to tackle a fossil fuel
April 21, 2026
Disruption to global oil supplies from the Iran war has added more than $100 to the price of long-haul flights from Europe, a
April 21, 2026
There is a case to be made that Pope Leo XIV found his voice on his epic and ongoing trip through Africa
April 20, 2026
A deal to end the Iran war seemed close. Then Trump started posting on social media
April 21, 2026
Alaska Air Group withdrew its full-year profit forecast on Monday after a sharp rise in jet fuel costs tied to the Iran war pressured margins and darkened the
April 21, 2026
Canadian business sentiment had started to rise before the Iran war, a Bank of Canada survey showed on Monday, but a smaller sample
April 20, 2026
Wall Street pulled back from record highs on Monday and oil prices spiked as increasing tensions over the crucial Strait of Hormuz raised concerns that
April 20, 2026
U.S. homebuilders will likely point to another challenging year as tariffs and the Iran war further squeeze margins
April 20, 2026
The value of global dealmaking has rebounded after a sharp slump in the weeks after the start of the war in Iran, as companies and investors shrug off volatility and press
April 20, 2026
Discussions are under way on how to manage or mitigate a possible U.S. withdrawal from the "European security architecture", Turkish Foreign
April 18, 2026
Ukraine strikes Russian oil refineries hours after US waives sanctions on Moscow’s oil
April 18, 2026
British Foreign Secretary Yvette Cooper said on Saturday the Strait of Hormuz had yet to return to normal operations despite a ceasefire in the Iran war
April 18, 2026
High gas prices become another midterm warning sign for Republicans
April 18, 2026
By Parisa Hafezi and Angus McDowall DUBAI, April 19 - Iranians striving to maintain a semblance of normal life after weeks of U.S. and Israeli bombing and a deadly crackdown on protesters in January
April 18, 2026
The world has lost over $50 billion worth of crude oil that has not been produced since the Iran war began nearly 50 days ago and the
April 17, 2026
U.S. President Donald Trump and Iran’s foreign minister say the Strait of Hormuz is now fully open to commercial vessels
April 17, 2026
The U.S. Treasury Department has extended its pause on sanctions on Russian oil shipments to ease shortages from the Iran war, days after Secretary Scott Bessent ruled out such a move
April 18, 2026
Iran temporarily reopened the Strait of Hormuz on Friday following a ceasefire agreement in Lebanon, raising
April 17, 2026
Oil prices settled down by around 9% on Friday after Iran said passage for all commercial vessels through the Strait of Hormuz was open for the
April 17, 2026
Oil prices dropped back to where they were in the early days of the Iran war, and U.S. stocks raced to another record
April 17, 2026
Air Canada said on Friday it will trim daily flights to New York from 38 to 34, starting in June, as higher fuel prices lead North American carriers to cut capacity on
April 17, 2026
Investors placed a bet worth about $760 million on a falling oil price around 20 minutes before Iran's foreign minister announced on Friday that the
April 17, 2026
The Iran war could drag euro zone growth lower and push inflation above already increased projections, requiring the European Central Bank to remain vigilant, ECB
April 17, 2026
State Street reported a rise in first-quarter profit on Friday, as market volatility lifted the custody bank's client activity and fee revenue.
April 17, 2026
The stunning underwater world that’s at risk as the Iran war drags on
April 17, 2026
Kenya has requested rapid financial support from the World Bank to help it manage the economic shocks triggered by the Iran war, its
April 16, 2026
Financial markets are in a buoyant mood as U.S. President Donald Trump signals confidence that the war in Iran will end soon, with talks probably on the cards again this weekend.
April 17, 2026
A looming jet fuel shortage in Europe and Asia could compound the Iran war's impact on world travel if a fragile agreement to reopen the Strait of Hormuz collapses and Persian Gulf oil shipments stay blocked
April 17, 2026
California’s gasoline inventories have declined to record lows as fuel prices have surged nationwide on the back of the war on Iran, and analysts warn that
April 17, 2026
A 10-day ceasefire between Lebanon and Israel went into effect on Thursday and President Donald Trump said the next meeting
April 16, 2026
The start to the year has have left investors with a serious case of whiplash with the eruption of war in Iran triggering a record jump in oil prices, major
March 27, 2026
Italy last week denied permission for U.S. military aircraft to land at the Sigonella air base in Sicily before heading to the Middle East, sources said on
March 31, 2026
By Mike Dolan March 31 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets The turbulent first quarter of 2026 ends with a dull thud, as the Iran war
March 31, 2026
By Stephen Culp April 16 - Wall Street moved higher on Thursday, as traders assessed ongoing Middle East peace negotiations and parsed a mixed bag of corporate earnings.
April 17, 2026
France and Italy have pushed back against some U.S.-Israeli military operations, sources said on Tuesday, as U.S.
March 31, 2026
Wall Street closed a tumultuous first quarter with a bang on Tuesday as hopes of de-escalation in the Middle East powered stocks to their best
April 01, 2026
U.S.
March 31, 2026
Pope Leo urged U.S.
April 01, 2026
The dollar fell on Tuesday on
March 31, 2026
Wall Street ended sharply higher on Tuesday, lifted by speculation about a potential de-escalation in the Middle East conflict that has sent
March 31, 2026
A look at the day ahead in European and global markets from Gregor Stuart Hunter: De-escalation hopes for the Iran war are spurring a rally in stocks and bonds, but - drawing attention to today's date
April 01, 2026
By Mike Dolan April 1 - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets “Off ramp” seems to be the word of the week surrounding the Iran war - and the
April 01, 2026
Japan may face stagflation risks from the Iran war that would be challenging to deal with using monetary policy, new Bank of Japan board member Toichiro
April 01, 2026
Euro zone manufacturers faced soaring input costs and supply chain disruptions in March due to the Iran war, even as underlying tepid demand threatened to undermine the
April 01, 2026
Prime Minister Keir Starmer said on Wednesday that the global instability caused by the Iran war means Britain should pivot to focusing
April 01, 2026
Turbulence linked to the war in Iran and swings in valuations have yet to deter corporate deal-making as
April 01, 2026
The U.S. stock market ticked upward to another record high
April 16, 2026
Bundesbank President Joachim Nagel said on Thursday that the oil price shock due to the Iran war will take a toll on the German economy but is
April 17, 2026
Governments and airlines are sounding increasingly urgent alarms about diminishing jet fuel
April 16, 2026
Oil tanker availability along the U.S.
April 01, 2026
U.S. farmers plan to plant less corn and more soybeans in 2026 than last year, the U.S.
April 01, 2026
The interest rate on the most popular U.S. home loan jumped last week to its highest level since August, as rising oil prices fueled inflation fears and drove up
April 01, 2026
Global stocks rallied and oil futures retreated on Wednesday on hopes of a de-escalation in the Iran war.
April 01, 2026
The dollar fell against major currencies including the Swiss franc and euro for the second straight session on Wednesday amid growing signs of a possible
April 01, 2026
NATO Secretary-General Mark Rutte will visit Washington next week for what a spokesperson for the military alliance called
April 02, 2026
The head of the International Energy Agency has warned that Europe has about six weeks of jet fuel left
April 16, 2026
South Korea's inflation picked up less than expected in March as the government capped fuel prices, but policymakers and economists warned that risks remain
April 02, 2026
President Donald Trump staunchly defended his handling of the month-old U.S.-Israeli war on Iran in a prime-time address on
April 02, 2026
Japan's economy may face supply shocks and slumping demand from the Iran war, a risk the central bank may be overlooking by focusing on inflationary
April 02, 2026
Australian farmers are expected to favour less nitrogen-intensive crops such as barley over wheat and canola in the upcoming season, as surging
April 02, 2026
British companies expect to raise prices more quickly in the coming 12 months as they respond to a surge in energy prices due to the Iran war, cut jobs and
April 02, 2026
Pope Leo last May became the first U.S. leader of the global Catholic Church, but for the initial 10 months of his tenure he mostly avoided comment
April 02, 2026
The Iran war has left Britain's armed forces exposed, heaping pressure on Prime Minister Keir Starmer to act on his promises to invest
April 16, 2026
Pope Leo blasted leaders who spend billions on wars and said the world was "being ravaged by a handful of tyrants", in unusually forceful
April 16, 2026
New applications for U.S. unemployment benefits fell more than expected last week, suggesting labor market conditions remained stable, though
April 16, 2026
Israel and Lebanon agreed to begin a 10-day ceasefire at 5 p.m.
April 16, 2026
Spring housing market stalls as war, high mortgage rates keep buyers sidelined
April 16, 2026
U.S. defense stocks have declined even as the Iran war drags on, indicating that the typical "buy-on-conflict" trade had
April 02, 2026
The average rate on the most popular home-loan rate rose to its highest since early September, as the Iran war pushes up oil prices and fans inflation fears, lifting
April 02, 2026
The world's central bankers may be attempting the impossible: to get into the psyche of business executives, labour
April 02, 2026
It's disappointment once again for financial markets after U.S. President Donald Trump dashed hopes for a swift end to the Iran war.
April 02, 2026
Five European Union countries are calling for a windfall tax on energy companies' profits in reaction to rising fuel prices due to the Iran war, according
April 04, 2026
Pope Leo led a candle-lit service with thousands of Catholics inside Rome's famed Colosseum on Friday evening that featured prayers for war orphans and
April 04, 2026
Pope Leo led the world's Catholics into Easter at a Saturday night vigil Mass in St.
April 05, 2026
Pope Leo urged global leaders in his Easter message on Sunday to end the conflicts raging across the world and abandon any schemes for power,
April 05, 2026
Pope Leo XIV's trip to Africa has been marked by an unusual dynamic with U.S. President Donald Trump
April 16, 2026
Ukraine and Syria pledged greater security cooperation in talks on Sunday, President Volodymyr Zelenskiy said as Kyiv seeks to promote its military expertise across the region
April 05, 2026
The Kremlin on Monday said that the Iran war was escalating in both geography and economic impact, and that the whole Middle East region was "on fire" due to the U.S. and
April 06, 2026
Pope Leo has strong words for "those who manipulate religion... for their own military, economic and political gain."
April 16, 2026
Goldman Sachs' rates business suffered losses on some positions towards the end of the last quarter as fixed-income market volatility due to the Iran war
April 16, 2026
Foreign investors are selling Thai assets as an energy shock from the U.S.-Israeli war on Iran threatens to snuff out hopes for
April 16, 2026
The number of Japanese firms that do not want the Bank of Japan to raise interest rates has risen sharply since the start of the year as the Iran war
April 16, 2026
China's economy picked up speed early in 2026, riding an export surge before the Iran war sent energy costs soaring and put global
April 16, 2026
Britain's economy put on a burst of growth in February, suggesting it was in slightly better shape before the start of the Iran war than many economists had
April 16, 2026