World
Trump launches 'economic D-Day': Secondary sanctions target Iran's trade lifelines
New U.S. campaign threatens penalties on countries, banks and financial systems sustaining Tehran's economy as war enters sixth month
25 Aug 2026
Tag
Iran
World
US-Iran ceasefire collapses as strikes resume and the Strait of Hormuz chokes global oil
A June truce between Washington and Tehran has broken down after fresh strikes. The standoff over the Strait of Hormuz is disrupting oil shipments and pushing up prices.
24 Jul 2026
Politics
US war with Iran has cost $37.5 billion, Pentagon says, as Hegseth asks Congress for more
Defense Secretary Pete Hegseth says the conflict with Iran has already cost $37.5 billion, and the administration is seeking billions more in funding.
24 Jul 2026
World
The 2026 Iran War, Explained: How a February Attack and a Failed Truce Led Back to War
The US-Iran conflict began in February 2026, paused under a June truce, then reignited in July. Here is a clear timeline of how the 2026 Iran war unfolded.
23 Jul 2026
World
US Strikes Iran for a Seventh Straight Night as the July Truce Collapses
The renewed US-Iran conflict escalated sharply in July 2026, with the US pressing consecutive nights of strikes after a June truce broke down. Here is what is known.
23 Jul 2026
Business
Equinor Profits Nearly Double to $11.5bn as War With Iran Lifts Oil Prices
Norway's state oil company increased production at the start of the conflict, filling the gap left by the near-halt of Gulf flows through the Strait of Hormuz.
22 Jul 2026
World
US Strikes Iran for 11th Night as Trump Threatens Underground Nuclear Site
Tehran warns an attack on the Pickaxe Mountain complex would be treated as an expansion of the war, as Kuwait, Bahrain and Jordan intercept incoming drones and missiles.
22 Jul 2026
Business
Brent Crude Touches $95 as Trump Rules Out Talks With Iran
The international benchmark is up around 20 per cent this month, its highest level in six weeks, after Washington signalled further escalation.
22 Jul 2026
World
Iran War Has Cost the US $37.5bn, Hegseth Tells Senators as Pentagon Seeks $87bn More
The defence secretary faced protesters and a shouting match with a senator in his first Capitol Hill appearance since hostilities resumed.
22 Jul 2026
World
Hormuz and Bab al-Mandeb Closures Squeeze Global Shipping as Strikes on Iran Continue
Two tankers carrying Saudi crude turned back in the Red Sea after the Houthis declared a naval blockade, compounding disruption at the Strait of Hormuz.
22 Jul 2026