#Irantension

Potato futures have surged more than 700% as disruptions to energy and fertilizer trade through the Hormuz Strait fuel food inflation worldwide

Britain has offered drones, aircraft and naval assets for a potential Hormuz mission amid growing political turmoil at home

Modi urged Indians to resume remote work and digital meetings to cut fuel use, save foreign exchange, and ease inflation pressure from oil imports.

US President Donald Trump has suggested shifting American troops from Germany to Poland while escalating criticism of NATO allies over the Middle East conflict

Former US counterterrorism chief Joe Kent has said that Washington entered the Iran war despite CIA assessments that Tehran was not building a bomb

The State Department has warned US diplomats against profiting from Iran-related wagers amid scrutiny over suspiciously timed bets

The EU is “not competitive” globally as high energy costs weigh on the bloc’s industry, Belgian central bank chief Pierre Wunsch warns

Middle East war sparks record energy supply shock, fueling inflation and threatening global economic growth, World Bank warns

The UAE has announced its exit from OPEC and OPEC+, sparking fears of further turmoil in oil markets amid the ongoing Middle East conflict

OPEC’s third-largest oil producer, the UAE, has announced that it is withdrawing from the organization

Israeli UN envoy Danny Danon has called the newly extended Lebanon ceasefire “not 100%,” amid reports of repeated violations by West Jerusalem

Donald Trump orders US Navy to destroy suspected mine-laying Iranian boats, claiming full control over the Strait of Hormuz

Consumers worldwide are facing more shortages and higher prices as the Middle East war is disrupting supply chains and global trade

US Treasury Secretary Scott Bessent has explained the 30-day waiver extension on Russian oil sanctions as due to appeals from several countries

EU Energy Commissioner Dan Jorgensen says the bloc’s fossil fuel import bill has surged by more than $28 billion since the Middle East conflict began