President Donald Trump has threatened to bomb Oman if it obstructs his efforts to end the US-Israel war on Iran. The warning follows the expiration of a two-month diplomatic window for peace, as the conflict continues with no resolution in sight.
A new LSE study suggests UK productivity growth has reached 1.6% since mid-2024, significantly higher than previous OBR estimates. The discrepancy stems from reliance on flawed labour force survey data versus tax-based employment figures.
Oil prices climbed past $90 a barrel on Tuesday as a two-month peace negotiation window in the US-Israel war on Iran expired without a deal. Donald Trump threatened Oman and Iran signaled a fully offensive military stance.
U.S. deployment of the USS George Washington from the Pacific to the Middle East leaves the region without a key American aircraft carrier, straining sailors and unsettling allies as China increases regional assertiveness.
US President Donald Trump claims the war on Iran is nearing an end and petrol prices will drop. Meanwhile, Iran and Oman agree on shipping route coordinates for the Strait of Hormuz amid stalled direct US-Iran talks.
Donald Trump's repeated threats of massive military strikes against Iran, followed by quick reversals, highlight a chaotic foreign policy approach driven by competing advisors, foreign pressure, and political division.
Used electric car leasing in the UK surged by 170% over the past year as drivers sought cheaper transport options to counter rising petrol prices driven by conflict involving Iran.
Chinese policymakers are deeply concerned about the six-month-old US-Israel-Iran conflict's duration and its potential impact on China's economic plans. Economist Mao Zhenhua indicates that while direct impact on China may be small, Beijing will prioritize countering external upheavals and addressing internal economic challenges.
UK manufacturing output grew for the fourth consecutive month at its fastest rate in nearly two years, driven by new domestic and export orders. However, the sector faces uncertainty from the Middle East conflict, rising energy costs, and subdued employment growth, despite optimism from some industry figures.
Hong Kong travellers are increasingly choosing mainland China for long-haul transit to Europe, avoiding Middle Eastern routes due to safety concerns from the US-Israel war on Iran and higher airfares. This shift has led to group discounts from mainland airlines, with some routes offering cheaper fares.
Traditionally supportive Fox News commentators, including Laura Ingraham and Johnny "Joey" Jones, are increasingly questioning the success of Donald Trump's war on Iran, suggesting his strategy is failing to achieve claimed tactical wins and raising concerns about its complexity and cost.
Five months into the unpopular US-Israeli war on Iran, American voters across the political spectrum express frustration over economic hardships, moral dilemmas, and the war's lack of clear justification or resolution, amid rising gas prices, deployment notices, and comparisons to past conflicts like Iraq and Gaza.
Malaysia's Sepang circuit will host the rescheduled Bahrain Grand Prix on October 4, officially titled the 'Gulf Air Bahrain Grand Prix in Malaysia', following the cancellation of the original race due to the US-Israel war on Iran.
Coca-Cola has increased prices in India due to severe disruptions in the Strait of Hormuz, a key supply route for aluminum cans and raw materials, following the collapse of an interim truce in the Iran conflict.
The UK government declared its readiness to defend itself after Iran's military warned that any bases used by the US for aggression against Iranian territory, including British ones, would be legitimate targets. This follows US strikes against Iran and previous attacks on UK bases.
The US Senate blocked a resolution aimed at preventing President Trump from initiating war with Iran without Congressional approval, despite the House passing a similar measure. This occurs amid escalating US-Iran tit-for-tat strikes, with Trump considering a "massive attack" and mediators urging a ceasefire.
Dubai's Department of Economy and Tourism launched the 'Dubai Invite' scheme, offering residents benefits worth over 3,000 AED to attract friends and family, aiming to revive tourism numbers that plummeted after the city was drawn into the US-Israel war on Iran, leading to hotel vacancies and revenue declines.
US House Republicans narrowly passed a $1.15 trillion military spending package (2027 NDAA) 216-212, despite Democratic concerns over its cost and expanded military technology collaboration with Israel, and its connection to the "unpopular war on Iran."
US Defense Secretary Pete Hegseth informed Congress that the US-led war on Iran has cost $37.5bn so far and requested an additional $67bn to continue operations. Lawmakers grilled Hegseth over the escalating costs and lack of clear results, as the conflict has led to US casualties, depleted weapon stockpiles, and soaring domestic petrol prices and inflation.
Norway's state oil company Equinor reported nearly doubled profits of $11.5bn in Q2, exceeding predictions, driven by increased oil and gas production and soaring prices due to the war against Iran and a blockade in the Strait of Hormuz.
US Defense Secretary Pete Hegseth testified before the Senate, revealing the US-Israel war on Iran has cost $37.5bn and requesting $88bn in supplemental funding. Lawmakers expressed fury over rising costs, 17 American deaths, and the conflict's spiraling nature, questioning the administration's strategy and constitutional authority.
US Defense Secretary Pete Hegseth confirmed the official cost of the US-Israel war on Iran at $37.5bn during a Senate hearing. This figure, higher than previous estimates, comes amidst ongoing conflict, US strikes, and threats against Iran, raising concerns about the US defense budget and energy prices.
Iran's Supreme Leader Ayatollah Mojtaba Khamenei vowed revenge for his father's death in an air strike, calling it the "will of the nation." US President Donald Trump warned of severe retaliation against Iran if any plots against him are discovered.
Gas prices in the U.S. have been highly unpredictable, fluctuating significantly due to global conflicts impacting oil prices and shipping routes. This volatility affects consumer behavior, leading to more frequent but smaller fuel purchases, and experts predict these price swings will continue.
