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.
Plus, Chipotle is coming to Mexico.
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.
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.
Brent crude, the international benchmark, breached $85 per barrel for the first time in a month.
President Trump notified Congress that he had resumed strikes on Iran, as the cease-fire effectively collapsed. He also ordered a naval blockade and announced shipping tolls in the Strait of Hormuz.
After several days of attacks, Tehran and Washington have effectively reverted to the state of open conflict that existed before the United States and Iran agreed to a cease-fire in June.
Some Iranians are calling for revenge against President Trump and Prime Minister Benjamin Netanyahu of Israel for the February killing the country’s supreme leader.
The use of unmanned vessels to attack Iranian naval installations offers new evidence of how drones are taking over modern warfare.
The Iran-backed Houthi rebels in Yemen accused Saudi Arabia of striking an airport in the Yemeni capital, Sana. The escalation came after a dispute over an Iranian plane that carried Houthi officials to Tehran.
Some Iranians are calling for revenge against President Trump and Prime Minister Benjamin Netanyahu of Israel for the February killing the country’s supreme leader.
Shipping activity plummeted after Iran attacked a ship, setting off U. S. strikes.
The yearslong effort to groom the former Iranian president as an intelligence asset culminated in a dramatic effort to take him to an Israeli safe house in the early days of the war. But the plan fell apart.