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Bank of England leaves interest rates on hold at 3.75%

US-Israeli war on Iran began. However, rising energy costs as a result of the effective closure of the strait of Hormuz has began to push up inflation around the world. The latest Office

Pakistan races against time to get Iran back to US talks as truce end nears

Strait of Hormuz since April 13. Tehran called the incident a [ceasefire violation](/news/2026/4/20/us-captures-iranian-ship-touska-amid-mediation-efforts-all-we-know) and demanded the immediate release of the ship, its crew members and their families. Iran’s Foreign Ministry described the seizure

Israel-Lebanon ceasefire extended by 3 weeks as tensions rise in Strait of Hormuz

Strait of Hormuz ![(L-R) US Ambassador to Israel Mike Huckabee, Israel Ambassador to US Yechiel Leiter, US Vice President JD Vance, US President Donald Trump, US Secretary of State Marco Rubio, Lebanon Ambassador

China weathered Trump's tariffs - but the Iran war is taking a toll

US-Israel war with Iran shook the global economy. China's economy was already battling slower growth and unemployment when Donald Trump's tariffs hit last year. Still, it proved resilient, boosting exports and reporting

Trump’s Iran war victory boast has echoes of Bush’s ill-fated ‘mission accomplished’ claim

conflict with Tehran’s longstanding Lebanese Shia proxy group, Hezbollah – was not included in the agreement. That, too, was a striking claim in view of Iran’s fixation with its regional “axis of resistance” against

Iran sees mass redundancies from war with US and Israel

conflict, many media outlets have also shed their workers. This includes the Iran Labour News Agency (Ilna) that made all its journalists redundant last week and asked them to work as freelancers. In late March

What people in power think the impact of the Iran war will be

Strait of Hormuz south of Iran and 7,000 miles away in the White House. This week was the unique opportunity for the rest of the world to make its economic case to US President

What’s the significance of UAE’s Fujairah, hit on Monday?

Hormuz, signalling a direct challenge to Iran’s closure of the strategic waterway, through which 20 percent of the world’s oil and liquefied natural gas supplies are shipped in peacetime. Iran’s threats

Why and how is US blockading Iranian ports in Strait of Hormuz?

Hormuz, and its oil revenue. The US president told Fox News that "we're not going to let Iran make money on selling oil to people that they like and not people that they

With the US-Iran ceasefire about to expire, could Trump put boots on the ground?

Hormuz, boots on the ground could – at least initially – fall short of an incursion on to the mainland, and be limited instead to occupying one or more of several islands in the Gulf off Iran

Tokyo workers asked to swap suits for shorts to combat energy costs and heat

US-Israel war on Iran](https://www.theguardian.com/world/us-israel-war-on-iran). Inspired by the country’s [Cool Biz energy-saving initiative](https://www.theguardian.com/world/2005/jun/17/japan.justinmccurry), Tokyo officials hope the measure will cut dependence on air conditioning. Cool Biz, launched

Britain’s military dependence on US ‘no longer tenable’, says former Nato chief

Iran, refusing to participate directly as questions remain over whether the initial attack that killed the country’s supreme leader, Ali Khamenei, was legal under international law. That prompted Trump to compare Starmer to Neville

Iran-Iraq Tanker War redux? Why the Strait of Hormuz crisis is different

Strait of Hormuz, or begin minesweeping operations, fearing they will be dragged into the war. In a post on Truth Social in early April, the US president [took aim](/news/2026/4/1/trump-tells-allies-get-your-own-oil-says-iran-war-could-end-in-2-3-weeks) at allies, “like the United

California’s jet fuel supply drops to three-year low as Middle East turmoil squeezes global oil market

Iran. Asia [imported](https://www.reuters.com/business/energy/why-is-asia-so-reliant-middle-eastern-oil-2026-03-04/) more than 14m barrels a day of crude Middle Eastern oil in 2025. Traffic in the strait of Hormuz, a major waterway for oil vessels, has plunged. Since

Norwegian government rebuked over decision to reopen North Sea gas fields

US-Israeli war with Iran and the closure of the strait of Hormuz strangled the flow of oil and gas from the Gulf to the global markets. It pumped 2.31m barrels of oil equivalent

Iran war: What’s happening on day 63 as Trump signals possible attacks

Strait of Hormuz. - **US urges meeting of Israel, Lebanon:** The US embassy in Lebanon called for a meeting between Lebanese and Israeli leaders as the Lebanese Ministry of Public Health said Israeli strikes

US, Iran, UAE trade Hormuz attack claims: What we know

Strait of Hormuz. The US military must be held accountable for this.” The official called on the US to end the “improper practice” of using force in the diplomatic process and to stop “military adventurism

US military equipment worth billions of dollars destroyed in Iran war

conflicts around the world — only to then fail strategically. “In Vietnam, they did a series of operational victories. In Afghanistan, they did. But then [they suffered] the strategic loss in the end. Because the operational

Trump shelved ‘Project Freedom’ after Saudis refused use of bases and airspace

strait of Hormuz lay behind Donald Trump’s decision to shelve the plan days after it had been launched. Riyadh told the White House it would not allow its Prince Sultan airbase to be used

Iran war: What’s happening on day 61 as UAE exits OPEC?

US president’s approval rating has fallen to 34 percent, down from 36, according to a Reuters/Ipsos poll, as dissatisfaction grows over the cost of living and the war with Iran. ## In Israel - **Ultra-Orthodox