War Risk for Businesses Will Mean Higher Prices No Matter What Happens
Doing business in a more dangerous and unpredictable world will cost more, pushing up the price of everything from food to electronics.
Doing business in a more dangerous and unpredictable world will cost more, pushing up the price of everything from food to electronics.
The United States and Iran exchanged strikes for a fifth consecutive day on Wednesday.
The memorandum of understanding between the United States and Iran has done little to calm tension, in part because they disagree on what it actually means.
The United States reinstated its blockade on Iranian ports in the Strait of Hormuz and shipping slowed to a crawl amid the renewed warfare in the critical waterway.
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Higher prices for energy, food and air travel are likely to persist as the two sides escalate their clash over the Strait of Hormuz and launch airstrikes in the Middle East.
Officials see a return to full-blown war as preferable to an agreement that fails to curb the threats Iran poses to Israel. Meanwhile, they wait.
The vague language of the U. S. -Iran cease-fire memo laid the foundation for the war’s resumption.
As President Trump resumes his war, the focus is now on the Strait of Hormuz. But it remains unclear how far the U. S.
The president is accustomed to forcing other countries to bend to his will. But he is struggling to come up with a strategy to extract Iranian concessions as the cease-fire he brokered collapses.
Researchers say Iran’s cyberwarfare capabilities have grown more advanced and aggressive during the war with the United States and Israel.
The Times reported that Israel had planned to reinstall Mahmoud Ahmadinejad as Iran’s leader after the war.
The president’s proposal to impose a fee on shipping in the Strait of Hormuz threatened to increase global energy prices.
Reza Zarrab’s cooperation exposed a financial pipeline to Iran’s regime, threatening to bring down powerful people in Turkey. A decade later, the case has been closed.
The meeting comes as President Trump’s administration has been ratcheting up pressure on Baghdad to diminish Iran’s influence in Iraq.
The president now wants Gulf nations to invest in the U. S. in exchange for safe passage.
India issued a diplomatic protest after an Indian sailor was killed and dozens more were injured in an Iranian attack on a tanker in the Strait of Hormuz.
The rushed U. S. -Iran agreement is sliding backward, potentially transforming a short-term crisis into a long, intractable war.
President Trump announced a 20 percent fee on cargo through the waterway, despite his own administration’s position that such fees violate international law.
Brent crude, the international benchmark, breached $85 per barrel for the first time in a month.