World

Starmer Uncertainty Drives UK Borrowing Costs to 25-Year High

In an unexpected financial shift, the UK's long-term borrowing costs surged to their highest in nearly three decades, driven by investor concerns over a potential leadership change within the Labour party. The yield on 30-year government bonds climbed by 11 basis points on Tuesday morning, reaching a peak of 5.794%, a level not seen since May 1998. This spike reflected market apprehension regarding possible...

Trump Announces Strait of Hormuz Open if Iran Agrees, Oil Prices Drop

Oil prices saw a significant drop while stock markets experienced an upswing following President Donald Trump's announcement that the conflict with Iran could conclude if Tehran agrees to a deal with Washington. Trump expressed optimism via social media, stating that assuming Iran fulfills its commitments, the long-standing conflict dubbed "Epic Fury" would end, facilitating unhindered access through the strategically crucial Strait of Hormuz, even...

 Iran’s Pezeshkian: Gulf Governments Must Take Responsibility for the War’s Spread

Iranian President Masoud Pezeshkian has called on Gulf governments to take responsibility for the regional spread of the Iran-US war, warning that their hosting...

IEA Chief Fatih Birol Says Demand-Side Measures Are Buying Time but Not Solving Iran Crisis

The International Energy Agency's push for demand-side measures — including remote work, lower speed limits, and reduced air travel — is buying time for...

Senior US Officials Work Overtime to Repair Image of Alliance After Gas Field Dispute

The diplomatic machinery of the US-Israel alliance shifted into damage-control mode this week after a public disagreement over Israel's strike on Iran's South Pars...

 Iran Raises the Stakes With Threats Against Gulf Energy Facilities Following South Pars Strike

Iran raised the stakes of the Middle East conflict to an alarming new level on Wednesday, threatening to attack energy infrastructure in Saudi Arabia,...

Trump Declares Open Season on NATO After Claiming Total Defeat of Iran

President Donald Trump effectively declared open season on NATO on Tuesday after claiming that the US-Israel military operation had achieved the total defeat of...

European Countries Turn Away From Trump’s Hormuz War and Call for Global Talks

Turning away from Donald Trump's call for military action at the Strait of Hormuz, European nations have launched a call for global talks as...

Hormuz Emergency: The Political Cost of Action Versus the Economic Cost of Inaction

Every government being asked to send warships to the Strait of Hormuz is making the same fundamental calculation: is the political and military cost...

Trump Calls War Losses Acceptable as US Service Members Die in Iraq Amid Iran Campaign

President Donald Trump acknowledged on Friday that the United States had suffered losses in the war with Iran but framed them as acceptable costs...

Brownsville to Host First New U.S. Refinery in Decades, Trump Announces

A major shift in the American energy landscape was signaled today as President Donald Trump announced a $300 billion refinery project in Brownsville, Texas....

Trump Dismisses New Iran Leader as “Mistake” while Claiming Victory

In a bold statement from Florida, President Donald Trump has dismissed Mojtaba Khamenei as a "mistake" and a "lightweight" as the war in Iran...

Sanctions, War, and Succession: The Triple Crisis Facing Iran’s New Leaders

Any incoming leadership in Tehran would face a daunting challenge even if they inherited a country at peace. Instead, Iran's next Supreme Leader and...

From Strike to Negotiation: The Unusual Arc of Trump’s Iran Policy

The arc of President Trump's Iran policy — from military strikes to active nuclear negotiations in less than a year — was on display...