Tag
US mortgage rates have risen to a one-year high as markets weigh Federal Reserve rate uncertainty and Middle East conflict-driven inflation fears. Higher rates increase monthly payments for new buyers and are likely to further suppress housing market activity and refinancing.
US Central Command completed a heavy wave of strikes on Islamic Revolutionary Guard targets in Iran on Thursday, retaliating for Iranian missile attacks on US bases in Jordan. The escalation has closed off near-term diplomacy and widened fighting across Iraq, Lebanon, and the Strait of Hormuz.
President Trump warned the US will hit Iran "hard" after an attack on American bases in Jordan, and confirmed US-Saudi airstrikes on pro-Iranian militias in Iraq were coordinated with Baghdad.
Iran attacked US forces in Jordan in what Washington called a surprise strike, which was intercepted. The US and Saudi Arabia then launched joint strikes on Iraq, raising fears of a multi-front regional war.
Iran buried assassinated Supreme Leader Ali Khamenei at the Shrine of Imam Reza in Mashhad on Thursday, concluding six days of national mourning. Crowds waved red vengeance flags despite a recent ceasefire accord, while successor Mojtaba Khamenei made no public appearance amid reports he was injured in the same strike.
US forces struck Iran for a thirteenth consecutive night, hitting military sites linked to shipping threats in the Strait of Hormuz, after Houthi rebels attacked two Saudi oil tankers in the Red Sea. Brent crude surged past $100 a barrel and tanker traffic through the Strait of Hormuz fell to its lowest since May 7.
Brent crude surged past $100 per barrel on Thursday, up more than 5% in a single session, as the Middle East conflict continues to escalate. The move raises fresh inflation risks for oil-importing economies and puts pressure on fuel costs globally.
US forces struck Iran for the eleventh straight night, with air defences activating across Tehran, as President Trump said the US was "not finished" after spending $37.5 billion.
Iranian President Masoud Pezeshkian declared his country is in a "full-scale war" with the US as American strikes hit Bushehr, home to Iran's only nuclear power plant, for the ninth consecutive night.
President Trump ordered a third straight night of U.S. strikes on Iran and reinstated a naval blockade of Iranian ports, while proposing new fees for ships transiting the Strait of Hormuz. The moves combine military and economic pressure on Iran and raise immediate risks for global oil prices.
A ship was struck in the Strait of Hormuz on July 10, 2026, as millions attended mass funeral gatherings in Iran following US-Israeli strikes. Iran has blocked talks with the US unless Washington halts what Tehran calls threats, deepening the diplomatic deadlock.
Israel struck targets in southern Lebanon on Saturday as the US announced a nuclear deal with Iran is scheduled to be signed on Sunday. The parallel developments create direct tension between American diplomacy and Israeli military operations in the region.
US and Iranian forces exchanged strikes for a second straight day on Thursday, with Centcom hitting Iranian military sites and Tehran firing back at US bases in Bahrain and Kuwait. Oil prices rose up to two percent as Iran declared the Strait of Hormuz closed and diplomatic talks remained fragile.
US inflation rose to a three-year high in May, driven by surging gas and energy prices tied to the Middle East conflict. The reading complicates the Federal Reserve's path toward cutting interest rates and keeps pressure on household budgets.
China's producer price index hit a near four-year high in May as Middle East conflict disrupted commodity supply and AI infrastructure drove energy demand higher. Consumer inflation missed forecasts, signaling a margin squeeze for Chinese manufacturers and potential downstream price pressure for global importers.
Global stocks bounced and oil prices pulled back after Iran and Israel both signaled a pause in hostilities, reducing fears of a wider regional conflict. Markets remain sensitive to any reversal, with oil especially exposed to disruption risk near the Strait of Hormuz.
Israel and Iran exchanged direct attacks as a ceasefire showed signs of collapse, prompting US President Donald Trump to call Israeli Prime Minister Benjamin Netanyahu. The escalation raises risks for regional stability and global energy markets.
US forces have struck Iranian sites on day 94 of the conflict, while Kuwait intercepted missiles and Israel deepened its offensive into southern Lebanon. No peace deal has been reached, and the conflict's spread toward Gulf states raises direct risks for energy supply and oil prices.
The US and Iran have exchanged strikes but both governments are signaling they want to avoid full-scale war. Proxy attacks, economic pressure, and oil market exposure keep the standoff volatile and make miscalculation the biggest near-term danger.
Iran has reportedly launched missiles as President Trump considers a deal to pause the conflict for two months. Trump says he feels no pressure to reach an agreement before November's midterm elections, keeping the diplomatic timeline open-ended.
Tag
US mortgage rates have risen to a one-year high as markets weigh Federal Reserve rate uncertainty and Middle East conflict-driven inflation fears. Higher rates increase monthly payments for new buyers and are likely to further suppress housing market activity and refinancing.
28d ago · 3 min · Economy
US Central Command completed a heavy wave of strikes on Islamic Revolutionary Guard targets in Iran on Thursday, retaliating for Iranian missile attacks on US bases in Jordan. The escalation has closed off near-term diplomacy and widened fighting across Iraq, Lebanon, and the Strait of Hormuz.
28d ago · 4 min · Global Affairs
President Trump warned the US will hit Iran "hard" after an attack on American bases in Jordan, and confirmed US-Saudi airstrikes on pro-Iranian militias in Iraq were coordinated with Baghdad.
29d ago · 3 min · Global Affairs
Iran attacked US forces in Jordan in what Washington called a surprise strike, which was intercepted. The US and Saudi Arabia then launched joint strikes on Iraq, raising fears of a multi-front regional war.
29d ago · 3 min · Global Affairs
Iran buried assassinated Supreme Leader Ali Khamenei at the Shrine of Imam Reza in Mashhad on Thursday, concluding six days of national mourning. Crowds waved red vengeance flags despite a recent ceasefire accord, while successor Mojtaba Khamenei made no public appearance amid reports he was injured in the same strike.
1mo ago · 4 min · Global Affairs
US forces struck Iran for a thirteenth consecutive night, hitting military sites linked to shipping threats in the Strait of Hormuz, after Houthi rebels attacked two Saudi oil tankers in the Red Sea. Brent crude surged past $100 a barrel and tanker traffic through the Strait of Hormuz fell to its lowest since May 7.
1mo ago · 5 min · Global Affairs
Brent crude surged past $100 per barrel on Thursday, up more than 5% in a single session, as the Middle East conflict continues to escalate. The move raises fresh inflation risks for oil-importing economies and puts pressure on fuel costs globally.
1mo ago · 3 min · Markets
US forces struck Iran for the eleventh straight night, with air defences activating across Tehran, as President Trump said the US was "not finished" after spending $37.5 billion.
1mo ago · 4 min · Global Affairs
Iranian President Masoud Pezeshkian declared his country is in a "full-scale war" with the US as American strikes hit Bushehr, home to Iran's only nuclear power plant, for the ninth consecutive night.
1mo ago · 4 min · Global Affairs
President Trump ordered a third straight night of U.S. strikes on Iran and reinstated a naval blockade of Iranian ports, while proposing new fees for ships transiting the Strait of Hormuz. The moves combine military and economic pressure on Iran and raise immediate risks for global oil prices.
1mo ago · 3 min · Global Affairs
A ship was struck in the Strait of Hormuz on July 10, 2026, as millions attended mass funeral gatherings in Iran following US-Israeli strikes. Iran has blocked talks with the US unless Washington halts what Tehran calls threats, deepening the diplomatic deadlock.
1mo ago · 3 min · Global Affairs
Israel struck targets in southern Lebanon on Saturday as the US announced a nuclear deal with Iran is scheduled to be signed on Sunday. The parallel developments create direct tension between American diplomacy and Israeli military operations in the region.
2mo ago · 3 min · Global Affairs
US and Iranian forces exchanged strikes for a second straight day on Thursday, with Centcom hitting Iranian military sites and Tehran firing back at US bases in Bahrain and Kuwait. Oil prices rose up to two percent as Iran declared the Strait of Hormuz closed and diplomatic talks remained fragile.
2mo ago · 4 min · Global Affairs
US inflation rose to a three-year high in May, driven by surging gas and energy prices tied to the Middle East conflict. The reading complicates the Federal Reserve's path toward cutting interest rates and keeps pressure on household budgets.
2mo ago · 3 min · Economy
China's producer price index hit a near four-year high in May as Middle East conflict disrupted commodity supply and AI infrastructure drove energy demand higher. Consumer inflation missed forecasts, signaling a margin squeeze for Chinese manufacturers and potential downstream price pressure for global importers.
2mo ago · 3 min · Economy
Global stocks bounced and oil prices pulled back after Iran and Israel both signaled a pause in hostilities, reducing fears of a wider regional conflict. Markets remain sensitive to any reversal, with oil especially exposed to disruption risk near the Strait of Hormuz.
2mo ago · 3 min · Global Affairs
Israel and Iran exchanged direct attacks as a ceasefire showed signs of collapse, prompting US President Donald Trump to call Israeli Prime Minister Benjamin Netanyahu. The escalation raises risks for regional stability and global energy markets.
2mo ago · 3 min · Global Affairs
US forces have struck Iranian sites on day 94 of the conflict, while Kuwait intercepted missiles and Israel deepened its offensive into southern Lebanon. No peace deal has been reached, and the conflict's spread toward Gulf states raises direct risks for energy supply and oil prices.
2mo ago · 3 min · Global Affairs
The US and Iran have exchanged strikes but both governments are signaling they want to avoid full-scale war. Proxy attacks, economic pressure, and oil market exposure keep the standoff volatile and make miscalculation the biggest near-term danger.
3mo ago · 4 min · Global Affairs
Iran has reportedly launched missiles as President Trump considers a deal to pause the conflict for two months. Trump says he feels no pressure to reach an agreement before November's midterm elections, keeping the diplomatic timeline open-ended.
3mo ago · 3 min · Global Affairs