The latest drop follows a currency shock several months ago, when the rial fell from around 1.4 million to 1.6 million per US dollar in under a week, as the war moves turns into an economic clash to exhaust the Iranian regime' options.
Marine Le Pen announced her fourth bid for the French presidency in 2027, ending speculation she might cede to Jordan Bardella. While both figures pose challenges for the EU, some in Brussels saw Bardella as more pragmatic. Le Pen's decision raises concerns about EU consensus and citizens' rights.
Andy Burnham, poised to become the U.K.'s next prime minister, faces a significant regional trust gap, with voters in Northern England showing strong support while those in the South are more skeptical, according to a POLITICO Poll. His "Manchesterism" philosophy and plans to rebalance power may not resonate nationwide.
US forces conducted new strikes against Iran in response to Iranian attacks on three commercial vessels. US Central Command stated the actions in the Strait of Hormuz violated the ceasefire and endangered civilians.
The Trump administration revoked a general license authorizing Iranian oil sales following tanker attacks in the Strait of Hormuz. Companies must wind down transactions by July 17.
The Trump administration revoked a general license authorizing Iranian oil sales after tanker attacks in the Strait of Hormuz. Companies have until July 17 to wind down transactions, with payments to be made into blocked US accounts.
Lionel Messi scored twice, including the equalizer, as Argentina came back from two goals down to defeat a resilient Egypt 3-2 in a dramatic World Cup match. Egypt led 2-0 before Cristian Romero and Messi leveled, with Enzo Fernández netting the winner in stoppage time.
