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Today: May 08, 2026
Today: May 08, 2026

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European shares slide as Middle East tensions flare

European shares fell on Friday in broad-based losses, as an escalation in the U.S.-Iran conflict lifted oil prices and dampened hopes that a diplomatic solution

European shares slide as Middle East tensions flare
Economy|Political|World

Trump says ceasefire still holds after fighting between the US and Iran flares

U.S. and Iranian forces clashed in the Gulf, and the UAE came under renewed attack, endangering a month-old ceasefire and shaking

Trump says ceasefire still holds after fighting between the US and Iran flares
Asia|Business|Economy|Finance|Stock Markets|World

Markets cling on as ceasefire is tested

A look at the day ahead in European and global markets from Tom Westbrook Oil ticked higher and European futures wobbled on Friday, while the U.S. and Iran exchanged fire in the Middle East.

Markets cling on as ceasefire is tested
Business|Economy|Political|Stock Markets|World

Asian stocks fall and oil prices climb after attacks imperil the ceasefire with Iran

Asian stocks have mostly retreated and oil prices climbed as the fragile ceasefire with Iran was strained by missile and drone attacks that prompted U.S. retaliatory strikes on Iranian military facilities

Asian stocks fall and oil prices climb after attacks imperil the ceasefire with Iran
Arts

Iran imposes new rules for Strait of Hormuz in bid to secure wartime gains

Iran imposes new rules for Strait of Hormuz in bid to secure wartime gains

Iran imposes new rules for Strait of Hormuz in bid to secure wartime gains
Business|Economy|Political|World

What will it take to free the 1,600 ships stuck in the Strait of Hormuz?

What will it take to free the 1,600 ships stuck in the Strait of Hormuz?

What will it take to free the 1,600 ships stuck in the Strait of Hormuz?
Business|Economy|Finance|World

Why gasoline costs 52% more in the US than it did before the Iran war

The price of a gallon of regular gasoline in the U.S. has climbed 31 cents in the past week and is now 52% higher than before the Iran war began

Why gasoline costs 52% more in the US than it did before the Iran war
Asia|Business|Economy|Political|World

Iran foreign minister meets Chinese counterpart a week before Trump's Beijing trip

Iranian Foreign Minister Abbas Araqchi met China's top diplomat in Beijing on Wednesday, underscoring close ties between the two countries

Iran foreign minister meets Chinese counterpart a week before Trump's Beijing trip
Business|Environment|Political|World

Rubio calls Hormuz resolution test for UN, urges against vetoes

U.S.

Rubio calls Hormuz resolution test for UN, urges against vetoes
Political|World

Ceasefire with Iran is not over, Pentagon's Hegseth says

U.S.

Ceasefire with Iran is not over, Pentagon's Hegseth says
Business|Economy|Political|World

Most Strait of Hormuz shipping at a standstill despite latest US pledge

There were no signs of increased vessel traffic through the Strait of Hormuz on Monday, a day after President Donald Trump said the U.S. would begin

Most Strait of Hormuz shipping at a standstill despite latest US pledge
Business|Economy|Political|World

Fed should ditch rate-cut lean because of oil shock, policymakers say

By Howard Schneider and Michael S.

Fed should ditch rate-cut lean because of oil shock, policymakers say
Business|Economy|Finance|Stock Markets|World

It was another wild month for markets. Here’s what it means for you

It was another wild month for markets. Here’s what it means for you

It was another wild month for markets. Here’s what it means for you
Economy|Sports|World

Gianni Infantino affirms at the FIFA Congress that Iran will participate in the World Cup

FIFA President Gianni Infantino opened his address at the FIFA Congress by affirming that Iran will participate in the World Cup and that the team will play in the United States despite the conflict between the two nations

Gianni Infantino affirms at the FIFA Congress that Iran will participate in the World Cup
Business|Economy|Finance|World

Oil retreats after hitting four-year high on concern of US-Iran war escalation

Global oil prices eased after hitting a four-year high of more than $126 a barrel earlier on Thursday on concerns the U.S.-Iran war could lead to a

Oil retreats after hitting four-year high on concern of US-Iran war escalation
Business|Economy|World

Iranian economic collapse may come too late for Trump

By Parisa Hafezi and Angus McDowall DUBAI, April 30 - Weeks of conflict have aggravated Iran's dire economic problems, risking calamity after the war, but the Islamic Republic looks able to survive a

Iranian economic collapse may come too late for Trump
Business|Economy|Political|World

Iran's Supreme Leader Mojtaba Khamenei says new management of Strait of Hormuz 'will bring calm'

Iran's new Supreme Leader Mojtaba Khamenei said in a published written message on Thursday that a new chapter for the Gulf and Strait of Hormuz has been taking shape since the

Iran's Supreme Leader Mojtaba Khamenei says new management of Strait of Hormuz 'will bring calm'
Crime|MidEast|Political|World

UN says Iran has executed 21, arrested over 4,000 since war started

Iran has executed at least 21 people since the start of the war with the United States and Israel two months ago and has arrested more than 4,000 on national security-related

UN says Iran has executed 21, arrested over 4,000 since war started
Business|Economy|MidEast|Political|US|World

Hegseth faces withering questions about Iran in first congressional appearance since war began

Defense Secretary Pete Hegseth faced withering questioning in his first appearance before Congress since the Trump administration went to war against Iran

Hegseth faces withering questions about Iran in first congressional appearance since war began
Economy|MidEast|Political|World

Pentagon's Hegseth defends Iran war, says it is not a quagmire

U.S.

Pentagon's Hegseth defends Iran war, says it is not a quagmire
Asia|Business|MidEast|Political|World

Iran willing to share defensive capabilities with Asian partners, deputy defence minister says

Iran is ready to share its defensive weapons capabilities with "independent countries, especially members of the Shanghai Cooperation Organisation (SCO)", Deputy Defence

Iran willing to share defensive capabilities with Asian partners, deputy defence minister says
Economy|Political|World

Iran offers to reopen Strait of Hormuz if US lifts its blockade and the war ends, officials say

Iran has offered to end its control over the Strait of Hormuz if the U.S. lifts its blockade and ends the war

Iran offers to reopen Strait of Hormuz if US lifts its blockade and the war ends, officials say
Economy|Europe|MidEast|Political|World

Germany's Merz says Iran is humiliating US as talks stall

German Chancellor Friedrich Merz said on Monday Iran's leadership was humiliating the United States and getting U.S. officials to travel

Germany's Merz says Iran is humiliating US as talks stall
Business|Economy|Political|World

Trump says Iran can phone if it wants to talk; Iranian minister heads to Russia

President Donald Trump said on Sunday Iran could telephone if it wants to negotiate an end to their two-month

Trump says Iran can phone if it wants to talk; Iranian minister heads to Russia