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Today: May 19, 2026
Today: May 19, 2026

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Economy|MidEast|Political|World

Pentagon's Hegseth defends Iran war, says it is not a quagmire

U.S.

Pentagon's Hegseth defends Iran war, says it is not a quagmire
Business|Economy|Environment|Finance|World

US oil stocks plummet, country becomes net crude exporter on weekly basis for first time, EIA says

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

US oil stocks plummet, country becomes net crude exporter on weekly basis for first time, EIA says
Business|Economy|Environment|World

OPEC+ likely to agree another oil output hike without UAE, sources say

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.-

OPEC+ likely to agree another oil output hike without UAE, sources say
Business|Economy|Finance|Stock Markets|World

Oil prices settle at multi-week highs as global supply worries mount

Oil prices surged over 6% on Wednesday to settle at their highest in weeks, as deadlocked U.S.-Iran negotiations made investors more concerned

Oil prices settle at multi-week highs as global supply worries mount
Business|Economy|Finance|Stock Markets|US

Phillips 66 posts surprise profit on higher refining margins

Phillips 66 posted a surprise first-quarter adjusted profit on Wednesday, as strong refining margins and higher capacity utilization helped

Phillips 66 posts surprise profit on higher refining margins
Business|Economy|Finance|World

Dollar gains after Fed keeps rates unchanged and yen weakens past 160

The dollar strengthened against major currencies on Wednesday after the U.S.

Dollar gains after Fed keeps rates unchanged and yen weakens past 160
Business|Economy|World

Spot crude premiums ease from record highs despite Hormuz closure

Spot premiums for physical crude have slipped from record highs reached earlier during the Iran war as refiners are

Spot crude premiums ease from record highs despite Hormuz closure
Economy|Europe|MidEast|Political|World

Germany's Merz says relations with Trump are good despite spat over Iran

German Chancellor Friedrich Merz said on Wednesday his relationship with U.S.

Germany's Merz says relations with Trump are good despite spat over Iran
Business|Economy|MidEast|Political|World

UAE reviewing multilateral ties after OPEC exit but rules out more departures, official says

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

UAE reviewing multilateral ties after OPEC exit but rules out more departures, official says
Business|Economy|Environment|Political|World

Trump meets with oil executives as Iran stalemate drags on, Axios reports

U.S.

Trump meets with oil executives as Iran stalemate drags on, Axios reports
Business|Economy|Technology|World

Taiwan's UMC sees headwinds, but predicts resilient demand and will raise prices

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

Taiwan's UMC sees headwinds, but predicts resilient demand and will raise prices
Economy|Finance|World

What the Fed has seen about the war's impact on the economy so far

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

What the Fed has seen about the war's impact on the economy so far
Business|Economy|Finance|Stock Markets|World

London stocks fall as investors weigh mixed earnings; focus on Fed, BoE

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

London stocks fall as investors weigh mixed earnings; focus on Fed, BoE
Business|Economy|Europe|Finance|World

Inflation up in three German states in April, pointing to national increase

Inflation rose in three key German states in April, preliminary data showed on Wednesday, suggesting Germany's national inflation rate could increase

Inflation up in three German states in April, pointing to national increase
Business|Economy|Europe|Finance|Stock Markets|World

Euro zone economic confidence plunges, price pressures soar

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

Euro zone economic confidence plunges, price pressures soar
Business|Economy|Finance|Stock Markets|US|World

US companies project resilience even as Iran war risks mount

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

US companies project resilience even as Iran war risks mount
Business|Economy|Environment|Political|World

Trump approval sinks to new low as war with Iran drives cost-of-living concerns

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

Trump approval sinks to new low as war with Iran drives cost-of-living concerns
Business|Economy|Political|World

UAE leaves OPEC in blow to global oil producers' group

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

UAE leaves OPEC in blow to global oil producers' group
Business|Economy|Environment|Finance|Stock Markets|US|World

BP's profit more than doubles as US gas prices hit the highest point since the start of war in Iran

BP’s profit more than doubled in the first quarter as the war in Iran drove energy prices sharply higher

BP's profit more than doubles as US gas prices hit the highest point since the start of war in Iran
Business|Economy|Finance|World

US single-family home prices unchanged on monthly basis in February, FHFA says

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

US single-family home prices unchanged on monthly basis in February, FHFA says
Business|Economy|Finance|Stock Markets|World

JetBlue plans capacity cuts, fare hikes as high fuel costs widen quarterly loss

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

JetBlue plans capacity cuts, fare hikes as high fuel costs widen quarterly loss
Business|Economy|Europe|Food

Iran war yet to push up UK grocery prices, says Worldpanel

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,

Iran war yet to push up UK grocery prices, says Worldpanel
Asia|Business|Economy|Technology|World

Toyota suppliers feeling profit pressure from Iran war

Japanese parts suppliers to automakers including Toyota face mounting cost and supply uncertainties due to the Iran war, warning that oil-related

Toyota suppliers feeling profit pressure from Iran war
Asia|Business|Economy|World

South Korea's central bank cites war uncertainty in cautious approach, minutes show

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

South Korea's central bank cites war uncertainty in cautious approach, minutes show
Business|Economy|Europe|Finance|World

Euro zone banks tighten access to credit as Iran war bites: ECB survey

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

Euro zone banks tighten access to credit as Iran war bites: ECB survey
Asia|Business|Economy|Finance|Stock Markets|World

US stocks inch to more records as oil prices rise ahead of a blockbuster week for Wall Street

The U.S. stock market’s record-breaking rally slowed after uncertainty rose about what will happen next in the Iran war

US stocks inch to more records as oil prices rise ahead of a blockbuster week for Wall Street
Business|Economy|Europe|World

UK public inflation expectations retrace in April, Citi/YouGov survey shows

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

UK public inflation expectations retrace in April, Citi/YouGov survey shows
Crime|Europe|World

Russian drone attack wounds 14 while Ukrainian drones kill 2 in Russia-held area

Authorities in Ukraine say a Russian drone attack on Ukraine’s southern city of Odesa has wounded 14 people including two children

Russian drone attack wounds 14 while Ukrainian drones kill 2 in Russia-held area
Economy|Environment|Political|Science|World

Nations meet to discuss fossil fuel exit as Iran war drives up prices

Around 60 governments, including Brazil, Germany, Canada and Nigeria, will hold the first international meeting this week to discuss phasing out fossil

Nations meet to discuss fossil fuel exit as Iran war drives up prices
Business|Economy|Finance|World

Bank of Canada set to hold rates at 2.25% as oil shock likely short-lived

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

Bank of Canada set to hold rates at 2.25% as oil shock likely short-lived
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

UK retail sales tumble by most in over 40 years, CBI survey shows

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

UK retail sales tumble by most in over 40 years, CBI survey shows
Business|Economy|Finance|Stock Markets|World

Two months into Iran war, economic strain mounts across emerging markets

Two months since the outbreak of the Iran war, the charts below show how the economic toll is spreading beyond the Middle East, with

Two months into Iran war, economic strain mounts across emerging markets
Business|Economy|Environment|World

Iran war fertiliser squeeze could spell trouble for next year's grain harvests

Farmers around the world are facing the second surge in fertiliser prices in four years due to the Iran war.

Iran war fertiliser squeeze could spell trouble for next year's grain harvests
Business|Economy|Europe|Political|World

Energy prices drag German consumer sentiment to three-year low, survey finds

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

Energy prices drag German consumer sentiment to three-year low, survey finds
Business|Economy|Environment|Technology|World

LNG tanker orders gain pace despite mixed outlook from Iran war

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

LNG tanker orders gain pace despite mixed outlook from Iran war
Business|Economy|Technology|World

Iran war disrupts the circuit board supply chain, raises costs for tech firms

(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

Iran war disrupts the circuit board supply chain, raises costs for tech firms
Economy|Finance|Stock Markets|World

Bank of England to keep rates on hold while it gauges impact of Iran war

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

Bank of England to keep rates on hold while it gauges impact of Iran war
Business|Economy|Environment|Technology|World

The Iran war has the world buying more clean energy. China stands to benefit the most

The Iran war has the world buying more clean energy. China stands to benefit the most

The Iran war has the world buying more clean energy. China stands to benefit the most
Business|Economy|Finance|World

Egypt economic outlook trimmed slightly due to Iran war: Reuters poll

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

Egypt economic outlook trimmed slightly due to Iran war: Reuters poll
Business|Economy|Finance|MidEast|Stock Markets|World

Intel’s best day since 1987 leads the US stock market to more records

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

Intel’s best day since 1987 leads the US stock market to more records
Business|Economy|Finance|Stock Markets|World

Lots of talk, lots of tech

Next week combines the big three obsessions for investors right now - the war in Iran, the path of interest rates and the AI boom.

Lots of talk, lots of tech
Europe|MidEast|Political|World

Pentagon email floats suspending Spain from NATO, other steps over Iran rift, source says

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

Pentagon email floats suspending Spain from NATO, other steps over Iran rift, source says
Business|Economy|Finance|Stock Markets|World

UK stocks end week lower as fragile U.S.-Iran truce weighs; BoE flags risks

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

UK stocks end week lower as fragile U.S.-Iran truce weighs; BoE flags risks
Business|Economy|Finance|Political|Stock Markets|US|World

US consumer sentiment slumps to record low in April; inflation expectations rise

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

US consumer sentiment slumps to record low in April; inflation expectations rise
Business|Economy|Finance|Stock Markets|US|World

Consumer sentiment rebounds slightly after hitting lowest level on record

Consumer sentiment rebounds slightly after hitting lowest level on record

Consumer sentiment rebounds slightly after hitting lowest level on record
Economy|Europe|Finance|Political|World

Norway should use wealth fund for aid due to oil price rise in Iran war, Egeland says

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,

Norway should use wealth fund for aid due to oil price rise in Iran war, Egeland says
Europe|Political|World

What to know about the Falkland Islands as US considers reassessing position

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

What to know about the Falkland Islands as US considers reassessing position
Business|Economy|Environment|Finance|Stock Markets|Technology|World

Schrödinger’s ceasefire

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!

Schrödinger’s ceasefire
Business|Economy|Europe|Finance|World

German business sentiment falls in April to lowest level since 2020

German business morale fell more than expected in April, as the Iran war made companies more pessimistic and threatened the long-awaited recovery of

German business sentiment falls in April to lowest level since 2020
Business|Economy|Europe|Finance|Stock Markets|World

UK drivers' dash for fuel at start of Iran war boosts retail sales

British motorists worried about fuel price increases rushed to the pumps immediately after the start of the Iran war, pushing up total sales volumes

UK drivers' dash for fuel at start of Iran war boosts retail sales
Business|Economy|Environment|Europe|Political|World

US still delivering weapons to Ukraine, Zelenskyy says, as Prince Harry visits Kyiv

Ukrainian President Volodymyr Zelenskyy says U.S. weapon deliveries to Ukraine haven't stopped despite the Iran war

US still delivering weapons to Ukraine, Zelenskyy says, as Prince Harry visits Kyiv
Business|Economy|Political|US|World

Trump on gas prices: Americans should expect to pay more 'for a little while'

U.S.

Trump on gas prices: Americans should expect to pay more 'for a little while'
Business|Economy|Finance|Stock Markets|World

US stocks fall on a shaky Wall Street as Brent oil briefly barrels above $107

U.S. stocks pulled back from their record heights on a shaky Wall Street

US stocks fall on a shaky Wall Street as Brent oil briefly barrels above $107
Business|Economy|Environment|Health|Political|World

Higher fuel costs due to Iran war mean fewer people will receive aid globally, NRC says

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

Higher fuel costs due to Iran war mean fewer people will receive aid globally, NRC says
Asia|Business|Economy|Europe|Finance|Stock Markets|World

Iran war impact seeps ever deeper into global economy

The global economy is facing ever more tangible strains from the energy shock triggered by the Iran war

Iran war impact seeps ever deeper into global economy
Business|Economy|Finance|Stock Markets|World

India's inflation risks rise on supply-side disruptions, central bank says

India's inflation risks have increased, driven by supply-side disruptions including the Iran war and weather-related uncertainties, the central bank

India's inflation risks rise on supply-side disruptions, central bank says
Business|Economy|Europe|Finance|World

Germany recession risk jumps as Iran war lifts energy prices, IMK says

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

Germany recession risk jumps as Iran war lifts energy prices, IMK says
Business|Economy|Finance|Stock Markets|US|World

US business activity recovers in April, war with Iran is boosting prices, S&P Global survey shows

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

US business activity recovers in April, war with Iran is boosting prices, S&P Global survey shows
Business|Economy|Environment|Food|World

Iran war pushing more than 30 million back into poverty, UN development chief says

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

Iran war pushing more than 30 million back into poverty, UN development chief says
Economy|Europe|Finance|Political|World

EU touts temporary energy subsidies, but costs risk ballooning

When the European Union outlines looser state aid rules next week to help governments cushion the blow from energy prices driven

EU touts temporary energy subsidies, but costs risk ballooning
Business|Economy|Finance|Stock Markets|World

UK companies see cost pressures spreading at record pace

Inflation indicators from British companies flashed red in two long-running business surveys published on Thursday, which showed record

UK companies see cost pressures spreading at record pace
Business|Economy|Europe|Finance|Stock Markets|World

UK manufacturers report plunge in confidence, see jump in costs

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

UK manufacturers report plunge in confidence, see jump in costs
Business|Economy|Finance|Stock Markets|World

Investors return to US stocks as AI, earnings growth feed fear of missing out

U.S. stocks are rebounding and investors, reassured by diplomacy around the Iran war, are coming off the sidelines as AI-related

Investors return to US stocks as AI, earnings growth feed fear of missing out
Business|Economy|Stock Markets|US|World

Stocks are at record highs and shrugging off the war with Iran

Stocks are at record highs and shrugging off the war with Iran

Stocks are at record highs and shrugging off the war with Iran
Economy|Europe|MidEast|World

German private sector contracts for first time in nearly a year, PMI shows

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

German private sector contracts for first time in nearly a year, PMI shows
Economy|Environment|Health|World

Residents in rural Sudan say the Iran war has made it harder to get medicines

Some people in Sudan say they have struggled to obtain medicines, and the war in Iran has made that worse

Residents in rural Sudan say the Iran war has made it harder to get medicines
Business|Economy|Finance|MidEast|Stock Markets|US|World

Trading Day: Nasdaq hits new high

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

Trading Day: Nasdaq hits new high
Business|Economy|Environment|US|World

US farm secretary says USDA is speaking with White House daily on high fertilizer prices

U.S.

US farm secretary says USDA is speaking with White House daily on high fertilizer prices
Business|Economy|Environment|Health

Condom maker may raise prices because of Iran war

Condom maker may raise prices because of Iran war

Condom maker may raise prices because of Iran war
Business|Economy|Environment|Europe|Finance|World

$28 billion and counting: Europe tallies the cost of another energy crisis

$28 billion and counting: Europe tallies the cost of another energy crisis

$28 billion and counting: Europe tallies the cost of another energy crisis
Business|Economy|Environment|Finance|World

From paint to flights, Iran war lifts costs, darkens outlooks

Companies from consumer goods to travel and mining warned on Wednesday that the U.S.-Israeli war with Iran is

From paint to flights, Iran war lifts costs, darkens outlooks
Europe|Interview|MidEast|Political|World

Cyprus president says the EU needs a clear playbook on helping members under attack

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

Cyprus president says the EU needs a clear playbook on helping members under attack
Americas|Business|Economy|Election|Environment|Finance|Political|Stock Markets|US|World

Tables turn as Republicans face gas-price attacks they once used on Democrats

Tom Barrett tapped into voter frustration over high gas prices as part of his successful 2024 run for Congress in Michigan.

Tables turn as Republicans face gas-price attacks they once used on Democrats
Europe|Political|World

Turkey's foreign minister to visit Britain for talks on Iran, Ukraine, source says

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

Turkey's foreign minister to visit Britain for talks on Iran, Ukraine, source says
Business|Economy|Environment|Political|World

Iran war conflict could create systemic gas demand destruction, says top sector official

The natural gas demand destruction currently resulting from the Iran war as governments implement measures to mitigate the crisis risks becoming

Iran war conflict could create systemic gas demand destruction, says top sector official
Business|Economy|Europe|Finance|Stock Markets|World

UK consumers turn gloomiest about economy since records began in 1978

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

UK consumers turn gloomiest about economy since records began in 1978
Business|Economy|Environment|World

How the Iran war oil and gas supply shock compares with past disruptions

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

How the Iran war oil and gas supply shock compares with past disruptions
Business|Economy|Europe|World

UK inflation rises as prices at the pump spike after Iran war

Inflation in the U.K. climbed in March, driven by a sharp rise in fuel prices following the Iran war

UK inflation rises as prices at the pump spike after Iran war
World

Asian shares are mixed and oil prices little changed as investors watch for US-Iran talks

Shares are mixed in Asia and oil prices are little changed as markets watch for the latest developments in the war with Iran

Asian shares are mixed and oil prices little changed as investors watch for US-Iran talks
Business|Economy|Political|Technology|World

US military pushes for boost in 2027 spending on drones and air defenses used in Iran war

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

US military pushes for boost in 2027 spending on drones and air defenses used in Iran war
Asia|Political|Technology|World

US did not move defense system from Korea, general says

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

US did not move defense system from Korea, general says
Business|Economy|Political|Technology|US|World

US at risk of running out of missiles if another war breaks out after depleting stockpile in Iran operations

US at risk of running out of missiles if another war breaks out after depleting stockpile in Iran operations

US at risk of running out of missiles if another war breaks out after depleting stockpile in Iran operations
Business|Economy|Finance|Stock Markets|US|World

Record surge in gasoline receipts boosts US retail sales, but weakness is looming

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

Record surge in gasoline receipts boosts US retail sales, but weakness is looming
Business|Economy|World

South Africa's central bank sees upside inflation risks, says markets pricing for hikes

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

South Africa's central bank sees upside inflation risks, says markets pricing for hikes
Business|Economy|Finance|Stock Markets|US|World

Retail sales up 1.7% in March from February driven by a spike in gas prices due to the Iran war

Shoppers accelerated their spending in March from February, but they spent a good chunk of their money at the gas pump

Retail sales up 1.7% in March from February driven by a spike in gas prices due to the Iran war
Business|Economy|Finance|World

UK employers turn cautious after start of Iran war

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

UK employers turn cautious after start of Iran war
Business|Crime|Economy|Election|Finance|MidEast|Political|Stock Markets|US|World

Many Americans question Trump’s temperament amid Iran war, pope spat: Reuters/Ipsos poll

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

Many Americans question Trump’s temperament amid Iran war, pope spat: Reuters/Ipsos poll
Business|Economy|Health|Technology|World

World's top condom maker Karex to raise prices sharply as Iran war strains supply chain

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

World's top condom maker Karex to raise prices sharply as Iran war strains supply chain
Business|Economy|Europe|Finance|Stock Markets|World

German investor morale sinks to three-year low on Iran war fears, ZEW finds

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

German investor morale sinks to three-year low on Iran war fears, ZEW finds
Business|Economy|Environment|World

Biofuels back in vogue as Iran war triggers oil price surge

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

Biofuels back in vogue as Iran war triggers oil price surge
Business|Economy|Environment|Travel|World

Iran war fuel hike adds $100 to long-haul flight cost, study says

Disruption to global oil supplies from the Iran war has added more than $100 to the price of long-haul flights from Europe, a

Iran war fuel hike adds $100 to long-haul flight cost, study says
Education|Political|Travel|World

Did Pope Leo find his voice in Africa? Or did the world finally hear him?

There is a case to be made that Pope Leo XIV found his voice on his epic and ongoing trip through Africa

Did Pope Leo find his voice in Africa? Or did the world finally hear him?
Business|Economy|Political|World

A deal to end the Iran war seemed close. Then Trump started posting on social media

A deal to end the Iran war seemed close. Then Trump started posting on social media

A deal to end the Iran war seemed close. Then Trump started posting on social media
Business|Economy|Finance|Stock Markets|US|World

Alaska Air pulls forecast as Iran-linked fuel surge hits margins

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

Alaska Air pulls forecast as Iran-linked fuel surge hits margins
Business|Economy|Finance|Stock Markets|World

Bank of Canada survey: firms' outlooks were improving before Iran war

Canadian business sentiment had started to rise before the Iran war, a Bank of Canada survey showed on Monday, but a smaller sample

Bank of Canada survey: firms' outlooks were improving before Iran war
Business|Economy|Finance|Stock Markets|World

Oil surges, stocks end lower on worries about tenuous US-Iran ceasefire

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

Oil surges, stocks end lower on worries about tenuous US-Iran ceasefire
Business|Economy|Environment|World

US homebuilders brace for another challenging year as war, tariffs hurt margins

U.S. homebuilders will likely point to another challenging year as tariffs and the Iran war further squeeze margins

US homebuilders brace for another challenging year as war, tariffs hurt margins
Business|Economy|World

Value of global dealmaking recovers as firms pursue big transactions after Iran war

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

Value of global dealmaking recovers as firms pursue big transactions after Iran war
Business|Economy|Europe|MidEast|Political|World

Turkey says US withdrawal from European security architecture could be 'destructive'

Discussions are under way on how to manage or mitigate a possible U.S. withdrawal from the "European security architecture", Turkish Foreign

Turkey says US withdrawal from European security architecture could be 'destructive'
Business|Economy|Finance|Political|World

Ukraine strikes Russian oil refineries hours after US waives sanctions on Moscow’s oil

Ukraine strikes Russian oil refineries hours after US waives sanctions on Moscow’s oil

Ukraine strikes Russian oil refineries hours after US waives sanctions on Moscow’s oil
Business|Economy|MidEast|Political|World

UK’s Cooper urges full resumption of shipping through Strait of Hormuz

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

UK’s Cooper urges full resumption of shipping through Strait of Hormuz
Economy|Election|Finance|Political|US|World

High gas prices become another midterm warning sign for Republicans

High gas prices become another midterm warning sign for Republicans

High gas prices become another midterm warning sign for Republicans
Economy|Political|World

Iranians expect no post-war respite under military rule

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

Iranians expect no post-war respite under military rule
Business|Economy|Environment|Finance|Stock Markets|World

How 50 days of the Iran war led to the loss of $50 billion worth of oil

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

How 50 days of the Iran war led to the loss of $50 billion worth of oil
Business|Economy|Environment|Political|World

The Latest: Trump and Iran’s top diplomat say the Strait of Hormuz is fully open

U.S. President Donald Trump and Iran’s foreign minister say the Strait of Hormuz is now fully open to commercial vessels

The Latest: Trump and Iran’s top diplomat say the Strait of Hormuz is fully open
Business|Economy|Finance|Political|Stock Markets|US|World

US extends waiver on Russian oil sanctions to ease Iran war shortages despite Bessent denial

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

US extends waiver on Russian oil sanctions to ease Iran war shortages despite Bessent denial
Economy|MidEast|Political|World

Iran reopens Strait of Hormuz, but says U.S. must end naval blockade

Iran temporarily reopened the Strait of Hormuz on Friday following a ceasefire agreement in Lebanon, raising

Iran reopens Strait of Hormuz, but says U.S. must end naval blockade
Business|Economy|Environment|Finance|Political|Stock Markets|US|World

Oil settles down 9% after Iran declares Strait of Hormuz open

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

Oil settles down 9% after Iran declares Strait of Hormuz open
Business|Economy|Finance|Political|Stock Markets|World

Oil prices drop 9% and Wall Street rallies to a record after Iran reopens the Strait of Hormuz

Oil prices dropped back to where they were in the early days of the Iran war, and U.S. stocks raced to another record

Oil prices drop 9% and Wall Street rallies to a record after Iran reopens the Strait of Hormuz
Business|Economy|Environment|Travel|World

Air Canada to cut four NY-bound flights as fuel prices soar due to Iran conflict

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

Air Canada to cut four NY-bound flights as fuel prices soar due to Iran conflict
Business|Economy|Finance|Stock Markets|World

Traders place $760 million bet on falling oil ahead of Hormuz announcement 

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

Traders place $760 million bet on falling oil ahead of Hormuz announcement 
Business|Economy|Europe|Political|World

Iran war presents risk to euro zone growth and inflation outlook, Lagarde says

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

Iran war presents risk to euro zone growth and inflation outlook, Lagarde says
Business|Economy|Finance|Stock Markets|World

State Street's profit rises on robust fee income

State Street reported a rise in first-quarter profit on Friday, as market volatility lifted the custody bank's client activity and fee revenue.

State Street's profit rises on robust fee income
Environment|Science|World

The stunning underwater world that’s at risk as the Iran war drags on

The stunning underwater world that’s at risk as the Iran war drags on

The stunning underwater world that’s at risk as the Iran war drags on
Business|Economy|World

Kenya requests emergency World Bank funds to cushion Iran war shocks

Kenya has requested rapid financial support from the World Bank to help it manage the economic shocks triggered by the Iran war, its

Kenya requests emergency World Bank funds to cushion Iran war shocks
Business|Economy|Finance|Stock Markets|World

Warsh, war and worsening conditions?

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.

Warsh, war and worsening conditions?
Business|Economy|Environment|Finance|Travel|World

Jet fuel supplies are lagging. What does that mean for airlines and travelers?

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

Jet fuel supplies are lagging. What does that mean for airlines and travelers?
Business|Economy|Environment|Finance|World

California gasoline stocks fall to record lows as Hormuz disruption bites

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

California gasoline stocks fall to record lows as Hormuz disruption bites
Business|Economy|Political|World

Israel and Lebanon begin ceasefire, Trump says Iran may meet US over weekend

A 10-day ceasefire between Lebanon and Israel went into effect on Thursday and President Donald Trump said the next meeting

Israel and Lebanon begin ceasefire, Trump says Iran may meet US over weekend
Business|Economy|Finance|Stock Markets|World

Markets in Q1: Everything everywhere all at once

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

Markets in Q1: Everything everywhere all at once
Europe|MidEast|Political|World

Italy refuses US aircraft use of Sicily base for Middle East operations, sources say

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

Italy refuses US aircraft use of Sicily base for Middle East operations, sources say
Business|Economy|Finance|Political|Stock Markets|World

March is the cruellest month

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 is the cruellest month
Business|Economy|Finance|Stock Markets|World

Trading Day: Nasdaq notches 12-day winning streak as Middle East peace talks progress

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.

Trading Day: Nasdaq notches 12-day winning streak as Middle East peace talks progress
Europe|MidEast|Political|US|World

Europe pushes back on some US military operations as concerns over Iran war mount

France and Italy have pushed back against some U.S.-Israeli military operations, sources said on Tuesday, as U.S.

Europe pushes back on some US military operations as concerns over Iran war mount
Business|Economy|Finance|Stock Markets|World

Q1 ends with a BANG!

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

Q1 ends with a BANG!
Business|Economy|Political|World

US says Iran war at decisive moment, Tehran threatens US businesses in region

U.S.

US says Iran war at decisive moment, Tehran threatens US businesses in region
Europe|MidEast|Political|World

Pope Leo urges Trump to find 'off-ramp' to end Iran war

Pope Leo urged U.S.

Pope Leo urges Trump to find 'off-ramp' to end Iran war
Business|Economy|Finance|World

Dollar drops on Iran war de-escalation hopes

The dollar fell on Tuesday on

Dollar drops on Iran war de-escalation hopes
Business|Economy|Finance|Stock Markets|World

Wall Street soars as traders bet on potential war off-ramp

Wall Street ended sharply higher on Tuesday, lifted by speculation about a potential de-escalation in the Middle East conflict that has sent

Wall Street soars as traders bet on potential war off-ramp
Economy|Political|World

Rubio says US can see 'finish line' on Iran war

U.S.

Rubio says US can see 'finish line' on Iran war
Business|Economy|Finance|Stock Markets|World

April fools rush in

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 fools rush in
Business|Economy|Finance|Stock Markets|World

Finding the 'off ramp'

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

Finding the 'off ramp'
Business|Economy|World

New BOJ board member warns of stagflation risk from Iran war

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

New BOJ board member warns of stagflation risk from Iran war
Business|Economy|Europe|World

Euro zone factories see jump in input costs, supply snags, survey shows

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

Euro zone factories see jump in input costs, supply snags, survey shows
Economy|Europe|MidEast|Political|World

UK's Starmer calls for closer Europe ties as Iran war strains US relations

Prime Minister Keir Starmer said on Wednesday that the global instability caused by the Iran war means Britain should pivot to focusing

UK's Starmer calls for closer Europe ties as Iran war strains US relations
Business|Economy|Technology|World

Record megadeals in first quarter set the pace for global M&A gains

Turbulence linked to the war in Iran and swings in valuations have yet to deter corporate deal-making as

Record megadeals in first quarter set the pace for global M&A gains
Business|Economy|Finance|World

Wall Street sets another record after US stocks tick higher

The U.S. stock market ticked upward to another record high

Wall Street sets another record after US stocks tick higher
Economy|Finance|Political|Stock Markets|World

Germany unlikely to slip into recession, Bundesbank chief says

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

Germany unlikely to slip into recession, Bundesbank chief says
Business|Economy|Environment|Travel|World

Lufthansa grounds planes, Nigerian carriers threaten to stop flying as Iran war strains show

Governments and airlines are sounding increasingly urgent alarms about diminishing jet fuel

Lufthansa grounds planes, Nigerian carriers threaten to stop flying as Iran war strains show
Business|Economy|Environment|World

US Gulf Coast tanker market tightens as Asia seeks to replace lost supply

Oil tanker availability along the U.S.

US Gulf Coast tanker market tightens as Asia seeks to replace lost supply
Business|Economy|Environment|Finance|Stock Markets|US|World

US farmers to plant less corn as Iran war spikes fertilizer prices

U.S. farmers plan to plant less corn and more soybeans in 2026 than last year, the U.S.

US farmers to plant less corn as Iran war spikes fertilizer prices
Business|Economy|Finance|Stock Markets|US|World

US mortgage rates jump to 6.57%, highest since August, MBA says

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

US mortgage rates jump to 6.57%, highest since August, MBA says
Business|Economy|Finance|Stock Markets|World

World shares rally, oil prices fall on war de-escalation hopes

Global stocks rallied and oil futures retreated on Wednesday on hopes of a de-escalation in the Iran war.

World shares rally, oil prices fall on war de-escalation hopes
Business|Economy|Finance|Political|Stock Markets|US|World

Dollar falls against Swiss franc and euro as Middle East ceasefire hopes rise

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

Dollar falls against Swiss franc and euro as Middle East ceasefire hopes rise
Europe|MidEast|Political|US|World

NATO chief to visit Washington next week as Trump threatens exit from alliance

NATO Secretary-General Mark Rutte will visit Washington next week for what a spokesperson for the military alliance called

NATO chief to visit Washington next week as Trump threatens exit from alliance
Business|Economy|Environment|Science|Technology|World

Europe has 'maybe 6 weeks of jet fuel left,' energy agency head warns

The head of the International Energy Agency has warned that Europe has about six weeks of jet fuel left

Europe has 'maybe 6 weeks of jet fuel left,' energy agency head warns
Business|Economy|Finance|World

South Korea March inflation undershoots forecasts but risks skewed higher

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

South Korea March inflation undershoots forecasts but risks skewed higher
Economy|US|World

Takeaways from Trump's speech on Iran

President Donald Trump staunchly defended his handling of the month-old U.S.-Israeli war on Iran in a prime-time address on

Takeaways from Trump's speech on Iran
Business|Economy|Finance|Stock Markets|World

BOJ may be overlooking real risk from Iran war, says ex-central bank official

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

BOJ may be overlooking real risk from Iran war, says ex-central bank official
Australia|Business|Economy|Environment|World

Australian growers shift to less fertiliser-intensive crops as Iran war costs surge

Australian farmers are expected to favour less nitrogen-intensive crops such as barley over wheat and canola in the upcoming season, as surging

Australian growers shift to less fertiliser-intensive crops as Iran war costs surge
Business|Economy|Finance|Stock Markets|World

UK firms report biggest jump in price expectations in nearly two years, BoE survey shows

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

UK firms report biggest jump in price expectations in nearly two years, BoE survey shows
Europe|Political|US|World

Leo, the first US pope, emerges as pointed Trump critic

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

Leo, the first US pope, emerges as pointed Trump critic
Business|Economy|Political|World

Iran war exposes weakened state of Britain's armed forces

The Iran war has left Britain's armed forces exposed, heaping pressure on Prime Minister Keir Starmer to act on his promises to invest

Iran war exposes weakened state of Britain's armed forces
Africa|Political|World

Pope Leo, in Cameroon, decries 'handful of tyrants' ravaging the world

Pope Leo blasted leaders who spend billions on wars and said the world was "being ravaged by a handful of tyrants", in unusually forceful

Pope Leo, in Cameroon, decries 'handful of tyrants' ravaging the world
Business|Economy|Finance|World

US weekly jobless claims fall; manufacturing production retreats in March

New applications for U.S. unemployment benefits fell more than expected last week, suggesting labor market conditions remained stable, though

US weekly jobless claims fall; manufacturing production retreats in March
Political|World

Trump says Lebanon and Israel have reached 10-day ceasefire

Israel and Lebanon agreed to begin a 10-day ceasefire at 5 p.m.

Trump says Lebanon and Israel have reached 10-day ceasefire
Business|Economy|Finance|Stock Markets|World

Spring housing market stalls as war, high mortgage rates keep buyers sidelined

Spring housing market stalls as war, high mortgage rates keep buyers sidelined

Spring housing market stalls as war, high mortgage rates keep buyers sidelined
Business|Economy|Finance|Stock Markets|World

US defense stocks see no Iran war lift after early surge

U.S. defense stocks have declined even as the Iran war drags on, indicating that the typical "buy-on-conflict" trade had

US defense stocks see no Iran war lift after early surge
Business|Economy|Finance|World

US fixed 30-year mortgage rate rises to 6.46% amid Iran war

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

US fixed 30-year mortgage rate rises to 6.46% amid Iran war
Business|Economy|Finance|World

Central banks' inflation mood puzzle: more judgment than science

The world's central bankers may be attempting the impossible: to get into the psyche of business executives, labour

Central banks' inflation mood puzzle: more judgment than science
Economy|Finance|Stock Markets|World

No Strait talking here

It's disappointment once again for financial markets after U.S. President Donald Trump dashed hopes for a swift end to the Iran war.

No Strait talking here
Economy|Environment|Political|World

Five EU countries call for windfall tax on energy companies

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

Five EU countries call for windfall tax on energy companies
Europe|Political|World

Pope Leo's Good Friday service offers prayer for deported children

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

Pope Leo's Good Friday service offers prayer for deported children
Political|World

At Easter vigil, Pope Leo urges world not to grow numb to war

Pope Leo led the world's Catholics into Easter at a Saturday night vigil Mass in St.

At Easter vigil, Pope Leo urges world not to grow numb to war
Crime|Europe|MidEast|Political|World

On Easter, Pope Leo urges world leaders to end wars, renounce conquest

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,

On Easter, Pope Leo urges world leaders to end wars, renounce conquest
Africa|Political|Travel|World

A dispatch from inside the Vatican bubble during a remarkable exchange between pope and president

Pope Leo XIV's trip to Africa has been marked by an unusual dynamic with U.S. President Donald Trump

A dispatch from inside the Vatican bubble during a remarkable exchange between pope and president
Business|Economy|Political|Travel|World

Ukraine, Syria agree to cooperate on security, Zelenskiy says

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

Ukraine, Syria agree to cooperate on security, Zelenskiy says
Economy|Political|World

Kremlin says the whole Middle East is 'on fire'

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

Kremlin says the whole Middle East is 'on fire'
Africa|Economy|Environment|Travel|World

Pope Leo XIV delivers stark words in Cameroon

Pope Leo has strong words for "those who manipulate religion... for their own military, economic and political gain."

Pope Leo XIV delivers stark words in Cameroon
Business|Economy|Finance|Stock Markets|World

Goldman Sachs rates business hit by Iran war volatility, sources say

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

Goldman Sachs rates business hit by Iran war volatility, sources say
Asia|Business|Economy|World

Foreign investors flee Thailand as Iran war, energy shock dash hope for economic revival

Foreign investors are selling Thai assets as an energy shock from the U.S.-Israeli war on Iran threatens to snuff out hopes for

Foreign investors flee Thailand as Iran war, energy shock dash hope for economic revival
Business|Economy|Finance|World

More Japanese firms say no to rate hikes as Iran war clouds outlook: Reuters poll

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

More Japanese firms say no to rate hikes as Iran war clouds outlook: Reuters poll
Asia|Business|Economy|Finance|World

China's Q1 economic rebound faces rough seas as Iran war jolts global outlook

China's economy picked up speed early in 2026, riding an export surge before the Iran war sent energy costs soaring and put global

China's Q1 economic rebound faces rough seas as Iran war jolts global outlook
Business|Economy|World

UK economy surged ahead of Iran war, but energy shock to test resilience

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

UK economy surged ahead of Iran war, but energy shock to test resilience