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From oil giants to banks - these companies are making billions from Iran war

Iran. JP Morgan's trading arm made a record $11.6bn of revenue in the first three months of 2026, helping the bank overall to its second biggest ever quarterly profit. Across the rest

What is the FDD, the pro-Israel think tank shaping Trump’s Iran policy?

Trump’s National Security Council, helped coordinate key elements of the “maximum pressure” campaign – a sweeping strategy of sanctions and economic isolation aimed at crippling Iran’s economy and weaking its government. According

After years of avoidance, Trump to attend first White House press dinner

threats](/economy/2026/2/6/us-fcc-notice-to-broadcasters-prompts-concerns-on-curtailing-free-speech) by the Federal Communications Commission against broadcasters, immigration enforcement actions against non-citizen journalists, and an FBI raid of a Washington Post reporter’s home. The letter also pointed to the White House

As Trump goes to China, what do Americans say about tariffs, Iran and world standing?

Iran and world standing? ![President Trump greets Chinese President Xi Jinping ahead of a bilateral meeting at Gimhae Air Base in Busan, South Korea, on Oct. 30, 2025. Trump heads to Beijing for another meeting

Threatened indictment of Raúl Castro ratchets up US pressure on Cuba

Trump’s growing impatience has been clear. He himself told a conference in Florida at the start of May, that he might have the aircraft carrier USS Abraham Lincoln “stop roughly 100 yards

Daily life in Tehran continues - but money is short and risk of war looms

Trump is just threatening people." As she makes haste to finish her shopping, a young man wanders past clutching a small glass bottle of a green spread. - [Latest on the war in the Middle East

What we know about Iran’s response to the latest US ceasefire proposal

Trump unilaterally walked out of the deal in 2018, during his first term as US president. Billions of dollars of Iranian assets remain frozen in foreign banks due to the ongoing sanctions. The US proposal

Digested week:Iranian embassy trolls the most ‘powerfool’ man on the planet | Emma Brockes

threat and force.” Oh, well played, Sir! Meanwhile, from the Iranian embassy in Ghana, a steady stream of trolling social media posts designed to turn Trump’s mockery around and send it back

Oman caught between US and Iran after Tehran claims joint strait of Hormuz plan

threat or use of force against “sovereignty, territorial integrity or political independence of the coastal states”. Tehran said at the outset of the conflict that the southern shore of strait including the United Arab Emirates

US is being ‘humiliated’ by Iran’s leadership, says Friedrich Merz

Trump accepted Iran’s offer of a deal to reopen the strait of Hormuz, he could conceivably declare victory by pointing to the damage that the US and Israeli bombing had inflicted on Iran

Bahrain-led UN resolution on Strait of Hormuz gains support of 112 nations

threat, and forced concession-taking,” he wrote on X. Iran’s demands, he said, represented “not maximum demands” but “the minimum requirements for any serious, sustainable arrangement”. Regional powers are also intensifying their diplomatic efforts

Iran vows ‘long, painful’ response if US renews attacks

threat to hit targets in the Gulf, the advisor to UAE’s President Anwar Gargash said: “No unilateral Iranian arrangements can be trusted or relied upon, following its treacherous aggression against all its neighbours.” Bahraini

In rare push, US lawmakers demand transparency on Israel nuclear capability

Threat Initiative estimates that Israel has 90 nuclear warheads, a plutonium stockpile of 750 to 1,110kg (1,700 to 2,400lbs), six submarines capable of launching nuclear weapons, and intermediate-range ballistic missiles capable

US-Iran ceasefire holds despite Hormuz standoff: Pentagon chief Hegseth

Trump](/news/2026/5/4/trumps-project-freedom-can-us-navy-guide-stuck-ships-out-of-hormuz) will make the decision as to when the truce ends, signalling that Washington may be willing to tolerate some Iranian attacks during the push to reopen Hormuz before renewing the war. The defence

How China critics in Maga movement reacted to Trump's Beijing trip

Iran to help strike US forces in the Middle East. And outstanding issues remain - chiefly Taiwan, the self-ruled island viewed by Beijing as a renegade province. Trump delivered few details on the fate

Is Christian Zionism in the US on a decline?

Iran. Polls released by Pew Research reveal a dramatic drop in support for Israel among young conservatives and among Christians in general. A recent poll by the Institute for Middle East Understanding (IMEU) also shows

How the UAE’s decision to leave Opec could recast the Middle East

Trump’s diplomatic favourite, a status that could have investment consequences for the emirates. The UAE has already been wielding its influence. Earlier this month it recalled $3.5bn deposits from Pakistan, a fifth

Iran warns US naval blockade threatens ceasefire

Trump administration to achieve peace. “We will participate in negotiations to show to the world that they must enter the field and stop this instability. We know the Americans are not trustworthy and will

Trump v Massie: Could president's Republican nemesis survive $20m attack to oust him?

threats weren't exactly realistic. Paul doesn't stand for re-election for another two years. The filing date to run against Boebert in the Colorado Republican primary has already passed. But Trump's animosity

No date set for US-Iran talks, as Pakistan pushes to keep diplomacy alive

Trump will be willing to apply the pressure necessary on Israel to halt its military offensive and allow the Lebanese government to continue its military disarmament efforts. So far, and this is also true