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Keywords: Iran
Iran launched two intermediate-range ballistic missiles toward Diego Garcia, a US and UK military base in the Indian Ocean, marking a significant escalation and the first known operational use of such missiles by Tehran, according to US officials cited by The Wall Street Journal. Neither missile reached......
Gold prices are on course for their steepest weekly decline since March 2020, pressured by the Federal Reserve’s firm interest rate stance and a stronger US dollar, despite a modest rebound on Friday. Spot gold edged higher early in the session to around 4,700 dollars per ounce, recovering from......
Switzerland has announced that it will temporarily halt weapons exports to the United States due to ongoing military actions involving Iran, citing its longstanding policy of neutrality. The Swiss government stated that licenses for exporting war materiel to countries engaged in the conflict cannot......
The United States signaled a prolonged military campaign against Iran as Defense Secretary Pete Hegseth said no timeline has been set for ending the conflict, even as Washington prepares its largest wave of strikes since operations began. Speaking at the Pentagon, Hegseth stated that the duration of......
Major European central banks kept interest rates unchanged on Thursday as rising energy prices linked to the conflict with Iran raised concerns about renewed inflation across the region. The European Central Bank held its deposit rate at 2 percent for the sixth consecutive meeting, while the Bank of......
The US dollar index climbed above the 100 mark on Wednesday, gaining about 5 percent from its late January low, as escalating tensions in the Middle East and a more restrictive Federal Reserve stance drove investors toward the dollar as a safe haven. The move marks a sharp reversal for a currency that......
The conflict involving the United States, Israel and Iran has disrupted global energy markets, prompting governments to accelerate efforts to reduce reliance on fossil fuels. After Tehran effectively shut the Strait of Hormuz, around 20 percent of global oil and liquefied natural gas supply has been......
Ukrainian President Volodymyr Zelensky said the conflict in Iran is disrupting peace negotiations over Ukraine and straining critical missile supplies needed to defend against Russian attacks. Speaking to the BBC during a visit to London on March 17, he said the situation raises serious concerns for......
China is drawing on years of strategic preparation to cushion the impact of escalating disruptions to global oil flows, as military tensions involving Iran enter a third week. As the world’s largest oil importer, Beijing has relied on large crude stockpiles, alternative shipping routes, and rapid......