229 articles — keywords: Iran
The IEA warned that renewed escalation could cut global oil supply by 9.4 million barrels per day below pre-war levels.
Iran reported 14 deaths and launched retaliatory strikes against US assets in Kuwait, Bahrain, Qatar, Jordan, and Iraq.
Markets swung and world leaders reversed their expectations as Iran, Ukraine, and NATO spending all came to a head in Ankara.
Jordan intercepted at least eight Iranian missiles, and Qatar suspended expansion plans at the world's largest LNG facility following an attack on one of its tankers.
Silver September futures opened at $58.88 per ounce Thursday as renewed US-Iran hostilities pushed oil prices higher and raised fresh inflation fears ahead of the Federal Reserve's late-July meeting.
A second consecutive day of American military action against Iran intensified inflation concerns and kept gold prices under pressure on July 8.
Oil prices jumped 6% and stocks tumbled Wednesday after the president said negotiations with Iran were "a waste of time.
US Central Command launched the assault Tuesday after Iran targeted commercial vessels from Qatar and Saudi Arabia near the strategic waterway.
CENTCOM says Iran attacked three commercial vessels in an international waterway, violating a June ceasefire agreement.
President Trump travels to Turkey this week as alliance members face questions about U.S. long-term commitment to NATO.
Millions of Iranians lined streets in a sweltering heatwave as officials from rival factions appeared publicly united at the ceremony.
Khamenei's coffin was carried into Tehran's Grand Mosalla on Friday, with funeral events scheduled to run through July 9.
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