Dan Caldwell Joins ODNI After Pentagon Leak Investigation Clearance 
Iran-U.S. War Escalates: Strait of Hormuz Shipping Under Threat 
FCC Chairman Threatens Broadcasters Over "Fake News" Amid Iran War Coverage Debate 
U.S. Stock Futures Rise Amid Middle East Tensions and Fed Meeting Ahead 
U.S.-Iran War Pushes Brent Crude Back Above $100 as Strait of Hormuz Tensions Persist 
Iran-U.S. Military Escalation Shakes Persian Gulf and Global Oil Markets 
Asian Currencies Hold Steady Amid Iran Conflict and Fed Uncertainty 
Gold Prices Hold Above $5,000 as Central Bank Meetings and Iran War Stay in Focus 
Iran Denies Active Diplomacy With U.S. Amid Ongoing War 
Taiwan Central Bank Expected to Hold Interest Rates Steady Through 2027 
Global Markets on Edge as Gulf Tensions Push Oil Prices Higher 
Cuba-U.S. Talks Begin Amid Deepening Energy Crisis 
Asian Equities Plunge as Energy Supply Shock Triggers $15B Capital Flight 
Trump's Iran War Strategy Caught Between Hawks, Economists, and His Political Base 
Russian Stock Market Closes Flat as Energy and Fertilizer Stocks Lead Gains 
U.S. Presses South Korea on Strait of Hormuz Naval Support Amid Rising Energy Tensions 
Three weeks into the U.S.-Israeli military campaign against Iran, the conflict shows no signs of slowing down — and the economic consequences are being felt worldwide. The Strait of Hormuz, a critical chokepoint responsible for roughly 20% of global oil and liquefied natural gas shipments, remains effectively closed due to Iranian drones and naval mines, pushing energy prices higher and stoking inflation fears across international markets.
President Donald Trump has grown openly frustrated with Western allies who declined his request to send warships to help secure the waterway. Germany, Spain, and Italy have all stated they have no immediate plans to contribute naval support. German Chancellor Friedrich Merz cited the absence of a formal mandate from the United Nations, the European Union, or NATO, and noted that neither Washington nor Israel consulted Berlin before launching the military offensive. Trump, speaking from the White House, acknowledged that some allies had expressed willingness to help while others — nations the U.S. has long protected — showed little enthusiasm.
Meanwhile, military activity across the Middle East continued to intensify. Israeli forces carried out strikes on Iranian infrastructure in Tehran and Hezbollah positions in Beirut, while Iran launched retaliatory overnight strikes on Israel and the United Arab Emirates. A drone struck an oil facility in Fujairah for the second day running, and operations at Abu Dhabi's Shah gas field were temporarily suspended. Rockets and drones also struck near the U.S. embassy in Baghdad in what Iraqi sources described as the most intense assault since the conflict began.
Trump admitted he was caught off guard by Iran's decision to target neighboring Gulf states, including Qatar, Saudi Arabia, Bahrain, and Kuwait. U.S. intelligence officials, however, had reportedly warned that attacking Iran risked triggering exactly this kind of regional spillover. Since the war began on February 28, at least 2,000 people have been killed across the region, including more than 200 children in Iran.
