United States

Israel launches fresh strikes on Lebanon after huge attacks jeopardise US-Iran truce

Teheran says there will be no deal as long as Israel keeps striking Lebanon

First responders in Beirut search for missing people at a residential building hit by an Israeli air strike on Wednesday (Apr 8).

Trump says US military to stay around Iran; threatens action if Teheran fails to comply with deal

Peace talks with US would be ‘unreasonable’, says Teheran, following Israeli strikes on Lebanon

People protest against military action in Iran near the White House in Washington on Apr 8.
NEWS ANALYSIS

Huge strategic defeat for the US? There is now a two-week ceasefire but hard questions remain

The US and Iran are set to begin negotiations towards achieving durable peace in Islamabad on Friday (Apr 10)

The Clarity Act aims to create federal rules for digital assets, the culmination of years of crypto industry lobbying.

Scott Bessent urges Congress to pass crypto regulation bill

Crypto companies have long argued that existing rules are inadequate for digital assets

Iran has kept a stranglehold on the Hormuz strait throughout the war by laying mines and attacking vessels.

Strait of Hormuz under the US-Iran ceasefire: 6 things to know

HUNDREDS of tankers are waiting to return to the Strait of Hormuz so that the waterway can once again become a conduit for one-fifth of the world’s oil and gas.

A UK-led coalition of more than 40 countries has pledged to help reopen the Strait of Hormuz.

US asks allies to pitch plans within days to secure Hormuz

The closing of the strait has sent global energy prices soaring and raised concerns about imminent fuel shortages

Every US dollar added to the price of oil is a tax on Iran’s adversaries and, critically, on the Western economies underwriting opposition to Teheran.
THE BOTTOM LINE

Iran and the ‘Strait card’: a risky high-stakes gamble

How the country could turn its control of the Strait of Hormuz into a victory

San Francisco Federal Reserve Bank President Mary Daly noted that US consumers were still spending and businesses investing.

US economic fundamentals in a ‘good place’ despite Iran war: US Fed President Daly

SAN Francisco Federal Reserve President Mary Daly on Wednesday said the US economy is fundamentally in a “good place” despite sharply higher oil prices from the Iran war and the uncertainty over how l...

Crowds took to the streets of Iran overnight to celebrate, but there was also wariness that a deal would not hold.

Relief in the streets as US, Iran agree to a 2-week truce

[WASHINGTON/DUBAI/TEL AVIV/BEIRUT] The US and Iran agreed to a two-week ceasefire brokered by Pakistan, suspending a six-week-old war that has killed thousands, spread across the Middle East, and caus...

Mortgage rates in the US have climbed by 42 basis points since the Iran war started on Feb 28, driving up yields on the Treasury bonds that lenders use to set rates.

US mortgage rates edge down to 6.51%: Mortgage Bankers Association

Buyers remain priced out of the housing market amid elevated borrowing costs and expensive homes