A record 48% of adults worldwide now disapprove of the United States’ leadership, marking the highest level since tracking began, according to Gallup.
The clock is running down on US President Donald Trump’s “Power Day” deadline, where he has threatened to destroy Iran’s entire power sector, that could lead to major escalation in the Gulf war.
Tehran responds to Pakistan's two-phase peace plan Tehran has responded to Pakistan's two-phase peace plan which calls for 45 day ceasefire followed by negotiations to bring about a more lasting peace in the Iran conflict in a second phase.
Pakistan is proposing a two-phase ceasefire to the escalating war in Iran ahead of US President Donald Trump’s deadline threatening to destroy the country's power sector that would lead to a massive escalation.
A dramatic game of cat and mouse played out in the mountains of Iran in the last few days following the Downing of an F15E Strike Eagle by an Iranian missile as US Special Forces searched for and eventually extracted one of its airmen.
Iran's elite IRGC troops and mountain villagers joined forces in a manhunt for a down US pilot after Iran shot down a F-15 jet fighter over its territory. The US flew in special forces to try and find him.
US investment bank Goldman Sachs says we are facing the “worst oil crisis in history” as a result of the shutdown of Gulf state hydrocarbon exports.
Rosatom says a strike breached the protection circuit of Iran’s Bushehr nuclear power plant, warning the risk of a catastrophic nuclear incident is rising sharply as Russian personnel are evacuated from the site.
Iran’s Islamic Revolutionary Guard Corps has denied involvement in an ആക്രമ on the US embassy in Riyadh, describing the incident as an Israeli “false-flag operation”.
The US and Israel struck Iran’s major petrochemical complex on April 4, damaging multiple facilities in the southern Mahshahr region and raising concerns over global supply disruptions in plastics and fertilisers.
In what appears to be the first exit from the Persian Gulf by oil tankers without permission from Iran, three large vessels linked to Oman left the Strait of Hormuz by hugging the sultanate’s coastline, Bloomberg reported on April 3.
The war in Iran has triggered a potential step change in the rate that China is selling off its US Treasury bill holdings. T-bill holdings are a good barometer for geopolitical tensions. China and the BRICS are dumping their T-bills.
Yields on Gulf sovereign and corporate debt have surged to their widest spreads in five years as the war involving Iran drives a sharp reassessment of regional risk, according to Fitch Ratings.
The US influence in the Gulf is fading as the war goes into its fifth week with no sign of ending and regional players are starting to cut deals with Tehran to end the attacks on their territories.
Sadara Chemical Company, the $20bn joint venture between Saudi Aramco (Tadawul: 2222) and Dow Chemical Company (DOW), has halted all production at its Jubail complex in eastern Saudi Arabia indefinitely without a shot being fired by Iran.
Iran’s president Masoud Pezeshkian has issued a public letter addressed to the American people, defending Tehran’s actions in the face of what he called, “US unprovoked aggression”.
Superficially the war in Iran has dealt Ukraine a huge blow. The White House is now completely distracted, and the Trump administration seems to have abandoned, or at least paused, the ceasefire negotiations with Russia.
A surge in energy prices following the escalation of the Iran conflict is intensifying the cost-of-living crisis across the G7, dragging consumer spending growth to its weakest level since 2022.
A sustained escalation of the US/Israel-Iran conflict could push global oil markets beyond a price shock into severe physical shortages, with rationing, supply chain disruption and recessionary pressures becoming increasingly likely.