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'Bit of pain' worth long-term security from Iran, Bessent tells BBC

fossil fuels, so the impact on consumers would be less severe. Oil has risen close to $120 during the Iran conflict but has since fallen back, although it remains above pre-war levels

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

impacting places like Dubai, Bahrain, Kuwait and Saudi Arabia The US Navy Commander's handbook on naval operations law from 2022 defines a blockade as a "belligerent operation to prevent vessels and/or aircraft

Iran war’s big winners: Wall Street, weapons firms, AI and green energy

impact of the United States-Israeli war on Iran and the shutdown of the Strait of Hormuz on the world economy. The war has damaged energy infrastructure across the Gulf, while critical exports like