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Higher fuel prices, disrupted shipping and supply chains, potential naval clashes near the Strait of Hormuz, and precedent for states monetizing transit chokepoints.
Why it matters: Higher fuel prices, disrupted shipping and supply chains, potential naval clashes near the Strait of Hormuz, and precedent for states monetizing transit chokepoints.
Asian shares are trading mixed, as uncertainty remained about the war in Iran and access to the crucial Strait of Hormuz despite an initial U.S.-Iran deal
Why it matters: Asian shares are trading mixed, as uncertainty remained about the war in Iran and access to the crucial Strait of Hormuz despite an initial U.S.-Iran deal
Iraqi oil stranded by the Middle East conflict has escaped the Persian Gulf over the past ten days as transit via the Strait of Hormuz eased during an uneasy US-Iran ceasefire.
Why it matters: Iraqi oil stranded by the Middle East conflict has escaped the Persian Gulf over the past ten days as transit via the Strait of Hormuz eased during an uneasy US-Iran ceasefire.
A U.S. Navy sailor was injured while preparing for minesweeping in the Strait of Hormuz. The incident is small on paper, but it lands in one of the world’s most sensitive milita...
Why it matters: A U.S. Navy sailor was injured while preparing for minesweeping in the Strait of Hormuz. The incident is small on paper, but it lands in one of the world’s most sensitive milita...
The White House has shifted from shock-and-awe strikes in Iran to a slower pressure campaign. That change matters because there is still no clear endgame, while the fallout spre...
Why it matters: The White House has shifted from shock-and-awe strikes in Iran to a slower pressure campaign. That change matters because there is still no clear endgame, while the fallout spre...
The Trump administration has extended the Iran ceasefire while U.S. pressure on Tehran keeps the region on edge. That matters because the fight is not just about guns and diplom...
Why it matters: The Trump administration has extended the Iran ceasefire while U.S. pressure on Tehran keeps the region on edge. That matters because the fight is not just about guns and diplom...
The fight between the U.S. and Iran has shifted into the Strait of Hormuz, where both sides are testing blockade power at sea. That matters because this narrow waterway is one o...
Why it matters: The fight between the U.S. and Iran has shifted into the Strait of Hormuz, where both sides are testing blockade power at sea. That matters because this narrow waterway is one o...
The U.S. says it intercepted an Iranian-flagged cargo ship in the Gulf and released video it says shows the mission. This matters because a military move at sea can quickly turn...
Why it matters: The U.S. says it intercepted an Iranian-flagged cargo ship in the Gulf and released video it says shows the mission. This matters because a military move at sea can quickly turn...
Iran-backed Houthi forces are threatening a major Red Sea oil route while drone attacks against U.S. Navy vessels add another layer of danger in the Gulf. That matters because t...
Why it matters: Iran-backed Houthi forces are threatening a major Red Sea oil route while drone attacks against U.S. Navy vessels add another layer of danger in the Gulf. That matters because t...
The U.S. says it struck and seized an Iranian tanker as tensions with Iran keep climbing. That matters because the move happened while a fragile ceasefire and fresh peace talks...
Why it matters: The U.S. says it struck and seized an Iranian tanker as tensions with Iran keep climbing. That matters because the move happened while a fragile ceasefire and fresh peace talks...
The U.S. says its Marines took custody of an Iranian-flagged vessel as Iran reportedly rejected peace talks and kept pressure on the Strait of Hormuz. This matters because a shi...
Why it matters: The U.S. says its Marines took custody of an Iranian-flagged vessel as Iran reportedly rejected peace talks and kept pressure on the Strait of Hormuz. This matters because a shi...
Iran says the Strait of Hormuz will stay shut unless the U.S. lifts its pressure on Iranian ports. That is a direct power move in one of the world’s most important shipping lane...
Why it matters: Iran says the Strait of Hormuz will stay shut unless the U.S. lifts its pressure on Iranian ports. That is a direct power move in one of the world’s most important shipping lane...
The U.S. Treasury quietly extended a waiver on sanctions for Russian oil shipments to help ease shortages linked to the Iran war. The move undercuts Scott Bessent’s recent denia...
Why it matters: The U.S. Treasury quietly extended a waiver on sanctions for Russian oil shipments to help ease shortages linked to the Iran war. The move undercuts Scott Bessent’s recent denia...
Iran says the Strait of Hormuz is open to commercial vessels, but its leaders are warning that the route could be threatened again if the U.S. blockade continues. That matters b...
Why it matters: Iran says the Strait of Hormuz is open to commercial vessels, but its leaders are warning that the route could be threatened again if the U.S. blockade continues. That matters b...
Iran says it will keep the Strait of Hormuz closed again as long as the U.S. blockade of Iranian ports remains in place. That matters because Hormuz is one of the world’s most i...
Why it matters: Iran says it will keep the Strait of Hormuz closed again as long as the U.S. blockade of Iranian ports remains in place. That matters because Hormuz is one of the world’s most i...
Iran says it has closed the Strait of Hormuz after accusing the U.S. Navy of blockading its ports. The fight over this narrow waterway can rattle global shipping, energy prices,...
Why it matters: Iran says it has closed the Strait of Hormuz after accusing the U.S. Navy of blockading its ports. The fight over this narrow waterway can rattle global shipping, energy prices,...
An Ohio brass-instrument factory is shutting down, the FAA is scrambling to hire air traffic controllers, and war in the Middle East is reshaping U.S. oil flows. These are separ...
Why it matters: An Ohio brass-instrument factory is shutting down, the FAA is scrambling to hire air traffic controllers, and war in the Middle East is reshaping U.S. oil flows. These are separ...
Iran’s top negotiator has threatened to close the Strait of Hormuz if U.S. blockade pressure continues. That matters because this is not just a war of words. It is a warning abo...
Why it matters: Iran’s top negotiator has threatened to close the Strait of Hormuz if U.S. blockade pressure continues. That matters because this is not just a war of words. It is a warning abo...
Trump says a second round of talks with Iran could happen this weekend. The news matters because these talks can reshape the risk of war, sanctions pressure, and global energy s...
Why it matters: Trump says a second round of talks with Iran could happen this weekend. The news matters because these talks can reshape the risk of war, sanctions pressure, and global energy s...
Democrats clashed with the U.S. Energy Secretary over how the Iran war could affect gas prices. The fight matters because it tests whether the administration is telling the publ...
Why it matters: Democrats clashed with the U.S. Energy Secretary over how the Iran war could affect gas prices. The fight matters because it tests whether the administration is telling the publ...
The United States has launched a naval blockade targeting Iranian maritime trade in the Strait of Hormuz. That matters because this is not just a military standoff. It is pressu...
Why it matters: The United States has launched a naval blockade targeting Iranian maritime trade in the Strait of Hormuz. That matters because this is not just a military standoff. It is pressu...
Traffic through the Strait of Hormuz is still running at a trickle as the U.S. blockade of Iranian ports appears to be holding. That matters because this waterway is one of the...
Why it matters: Traffic through the Strait of Hormuz is still running at a trickle as the U.S. blockade of Iranian ports appears to be holding. That matters because this waterway is one of the...
March inflation ticked up, and CBS News says the war with Iran is part of why prices moved higher. That matters because a foreign conflict is now feeding into the cost of living...
Why it matters: March inflation ticked up, and CBS News says the war with Iran is part of why prices moved higher. That matters because a foreign conflict is now feeding into the cost of living...
The Islamabad summit is aimed at one modest goal: keep US-Iran talks from falling apart. That matters because even a fragile channel between Washington and Tehran can shape sanc...
Why it matters: The Islamabad summit is aimed at one modest goal: keep US-Iran talks from falling apart. That matters because even a fragile channel between Washington and Tehran can shape sanc...
US inflation jumped in March as the war with Iran pushed new uncertainty through oil markets and consumer prices. The latest numbers show how a foreign conflict can quickly hit...
Why it matters: US inflation jumped in March as the war with Iran pushed new uncertainty through oil markets and consumer prices. The latest numbers show how a foreign conflict can quickly hit...
U.S. inflation jumped to 3.3%, its highest level in almost two years, after gas prices spiked on the back of the Iran war. The price shock is moving fast into everyday costs, an...
Why it matters: U.S. inflation jumped to 3.3%, its highest level in almost two years, after gas prices spiked on the back of the Iran war. The price shock is moving fast into everyday costs, an...
Iran says the Strait of Hormuz is open, but ships must coordinate with Iranian forces first. That keeps a vital shipping lane moving while leaving Tehran with a hand on the swit...
Why it matters: Iran says the Strait of Hormuz is open, but ships must coordinate with Iranian forces first. That keeps a vital shipping lane moving while leaving Tehran with a hand on the swit...
Trump is using a hard-edged Iran threat to force movement, then pulling back once Tehran gives ground. That matters because when the White House turns crisis language into lever...
Why it matters: Trump is using a hard-edged Iran threat to force movement, then pulling back once Tehran gives ground. That matters because when the White House turns crisis language into lever...
Iran says the Strait of Hormuz is closed, and that single claim can rattle oil markets far beyond the Middle East. It matters because a regional air war is now feeding into a gl...
Why it matters: Iran says the Strait of Hormuz is closed, and that single claim can rattle oil markets far beyond the Middle East. It matters because a regional air war is now feeding into a gl...
Trump’s deadline on the Strait of Hormuz turned into a full-blown international showdown at the U.N. The fight now carries the risk of military strikes, shaken shipping routes,...
Why it matters: Trump’s deadline on the Strait of Hormuz turned into a full-blown international showdown at the U.N. The fight now carries the risk of military strikes, shaken shipping routes,...
Oil prices climbed and stocks slipped as traders braced for Trump’s Tuesday deadline on Iran. The market is reacting now because one presidential move can change the temperature...
Why it matters: Oil prices climbed and stocks slipped as traders braced for Trump’s Tuesday deadline on Iran. The market is reacting now because one presidential move can change the temperature...
Gas prices could jump to $5 a gallon if the Strait of Hormuz stays closed, according to a new JPMorgan analysis. The warning matters because one blocked waterway could shake ene...
Why it matters: Gas prices could jump to $5 a gallon if the Strait of Hormuz stays closed, according to a new JPMorgan analysis. The warning matters because one blocked waterway could shake ene...
Trump fired off a profanity-laced ultimatum about Iran and the Strait of Hormuz, and it instantly raised the temperature of a volatile conflict. That matters because a president...
Why it matters: Trump fired off a profanity-laced ultimatum about Iran and the Strait of Hormuz, and it instantly raised the temperature of a volatile conflict. That matters because a president...
Trump is again threatening military action over Iran and the Strait of Hormuz. That matters because a president’s threats can move markets, raise war risks, and push U.S. policy...
Why it matters: Trump is again threatening military action over Iran and the Strait of Hormuz. That matters because a president’s threats can move markets, raise war risks, and push U.S. policy...
Trump is threatening to hit Iran’s power plants and bridges if it does not cut a deal by Tuesday. That puts the Strait of Hormuz, one of the world’s most important shipping lane...
Why it matters: Trump is threatening to hit Iran’s power plants and bridges if it does not cut a deal by Tuesday. That puts the Strait of Hormuz, one of the world’s most important shipping lane...
Trump is ratcheting up threats as the Iran war and the Strait of Hormuz crisis move closer to a direct U.S. flashpoint. That matters because one presidential move can raise the...
Why it matters: Trump is ratcheting up threats as the Iran war and the Strait of Hormuz crisis move closer to a direct U.S. flashpoint. That matters because one presidential move can raise the...
The Iran war talks are slipping as Donald Trump’s deadline looms over the negotiating table. That matters because the talks are not drifting in a vacuum. A presidential clock is...
Why it matters: The Iran war talks are slipping as Donald Trump’s deadline looms over the negotiating table. That matters because the talks are not drifting in a vacuum. A presidential clock is...
The Strait of Hormuz is starting to move again after weeks of war shut it down. That matters because this narrow waterway is one of the world’s most important shipping lanes, an...
Why it matters: The Strait of Hormuz is starting to move again after weeks of war shut it down. That matters because this narrow waterway is one of the world’s most important shipping lanes, an...
The U.S. Secretary of State says the Strait of Hormuz will reopen only if Iran agrees or if a military coalition forces the issue. That matters because this waterway is a choke...
Why it matters: The U.S. Secretary of State says the Strait of Hormuz will reopen only if Iran agrees or if a military coalition forces the issue. That matters because this waterway is a choke...
G7 allies are pressing U.S. Secretary of State Marco Rubio for a clear answer on American plans for Iran. The dispute matters now because the war is threatening the Strait of Ho...
Why it matters: G7 allies are pressing U.S. Secretary of State Marco Rubio for a clear answer on American plans for Iran. The dispute matters now because the war is threatening the Strait of Ho...
Secretary of State Marco Rubio pushed NATO allies to treat the Iran war as their problem too. That matters because the U.S. is trying to turn allied dependence on global shippin...
Why it matters: Secretary of State Marco Rubio pushed NATO allies to treat the Iran war as their problem too. That matters because the U.S. is trying to turn allied dependence on global shippin...
Federal Reserve Governor Lisa Cook says the Iran war has made inflation a bigger risk for the U.S. economy. That matters because the Fed may now stay tougher on interest rates,...
Why it matters: Federal Reserve Governor Lisa Cook says the Iran war has made inflation a bigger risk for the U.S. economy. That matters because the Fed may now stay tougher on interest rates,...
The Bank of England says it should stay patient as the Middle East war begins to ripple through the economy. That matters because a rushed response could make inflation or growt...
Why it matters: The Bank of England says it should stay patient as the Middle East war begins to ripple through the economy. That matters because a rushed response could make inflation or growt...
Japan’s prime minister is trying to hold the alliance together while Donald Trump pushes Tokyo to back a security mission tied to the Strait of Hormuz. The fight matters because...
Why it matters: Japan’s prime minister is trying to hold the alliance together while Donald Trump pushes Tokyo to back a security mission tied to the Strait of Hormuz. The fight matters because...