The President faces a tough sell to convince the world’s leaders that he and the US are on the right side of history amid a week of foreign policy-focused events in New York and Washington, writes Andrew Feinberg
The conflict has opened a second front in the Middle East after the United States and Israel attacked Iran, adding to global uncertainty and turmoil in energy markets.
The New York Times•Vivian Nereim and Ismaeel Naar21 Sept
Austan Goolsbee voices concern that price growth is being fuelled by ‘overheating demand’ on top of Iran supply shock
Iran's focus on domestic energy measures highlights internal economic challenges, reducing likelihood of imposing Hormuz transit fees soon.
CryptoBriefing•Estefano Gomez21 Sept
Back at the start of the U.S.’s ‘Operation Epic Fury’, OilPrice.com predicted three courses of action that Iran would take as it moved through the conflict escalation gears. First, most obviously, although apparently not to President Donald Trump’s team, was to close the Strait of Hormuz to cause oil, liquefied natural gas (LNG) and refined products prices to soar -- check. Second, was to launch attacks on Saudi Arabian oil infrastructure via the Tehran-backed Yemeni Houthis to further inflate energy prices and undermine…
Iran’s government is trying to change some work patterns to help save on fuel and energy amid struggles and shortages.
Al Jazeera21 Sept
The Iran-backed Houthi rebels in Yemen have reportedly reassured the Trump administration that they won’t attack U.S. ships in the Red Sea. Senior Houthi official Mohamed al-Bukhaiti told The Associated Press that the administration reached out to his group earlier this month after Houthis took several towns and islands along Yemen’s western coast, crucial to controlling the…
The Hill•Ellen Mitchell21 Sept
The French government is holding urgent meetings today as it looks for ways to tackle rapidly rising fuel prices. Drivers are paying record-high prices for diesel, as the war in Iran disrupts crude oil shipments from the Middle East. But with public discontent growing, the government has limited options, as France’s finances are already under pressure. This report is from Bryan Quinn and our colleagues at France Télévisions.
The scale and duration of Iran's response appeared to take the U.S. goverenment by surprise, three sources who were in Bahrain at the time told CBS News, in part because families hadn't yet been required to evacuate.
Sen. John Kennedy (R-La.) predicted Sunday the U.S. will be “out of” Iran in six months, as the conflict approaches the seven-month mark. While stumping for Sen. Pete Ricketts (R-Neb.) in Nebraska, Kennedy acknowledged the war has resulted in price increases for oil and fertilizer. But the Louisiana Republican argued the U.S. has so far…
The Hill•Max Rego21 Sept
With the US midterm elections now just six weeks away, we’ll speak to our Washington correspondent Fraser Jackson about whether President Donald Trump could help or hurt his party’s chances. Polls have pointed to what some are calling a “blue wave”, with Democrats potentially regaining control of the House, while the Senate race remains more uncertain. Trump has ramped up campaigning, including spending heavily on advertising and proposing $5,000 payments to voters who support Republicans. But with his approval ratings under pressure amid the war in Iran and the Middle East, and rising oil, gasoline and commodity prices compared with before he took office, the political landscape could still shift significantly in the coming weeks.
The IRGC's stance exacerbates regional instability, diminishing prospects for diplomatic resolutions and impacting global economic confidence.
CryptoBriefing•Estefano Gomez21 Sept
United Arab Emirates calls for ‘new mindset’ while Qatar advocates for regional ‘security framework’
Rising fuel costs highlight the complex trade-offs in geopolitical conflicts, impacting economic stability and market expectations globally.
CryptoBriefing•Estefano Gomez21 Sept
The expiration of US sanctions wind-down could isolate Iran, disrupt global aviation routes, and strain diaspora connections and financial systems.
CryptoBriefing•Editorial Team21 Sept
Rising US-Iran tensions and regional instability hinder diplomatic progress, reducing market confidence in a 2026 deal and reconstruction funding.
CryptoBriefing•Estefano Gomez21 Sept
Middle East: A tanker was struck by an "unknown projectile" while entering the Strait of Hormuz, leaving two crew members with minor injuries, according to the United Kingdom Maritime Trade Operations (UKMTO) centre. The UKMTO said on Monday that the vessel was continuing to its next port of call under its own power and that there were no reports of any environmental impact. The incident comes as tensions remain elevated across the region. Iran has asserted control over much of the Strait of Hormuz since the outbreak of the war involving the United States and Israel on 28 February. During peacetime, around 20 million barrels of oil, representing roughly one-fifth of global supply, passed through the strategic waterway each day. Although some tankers have resumed transiting the strait, traffic remains significantly below previous levels.
The US invasions after 9/11 were disasters -- but the US is trying again in Iran anyway
Al Jazeera21 SeptGeopolitical tensions are reshaping energy markets, accelerating the shift to EVs and increasing demand for critical battery metals.
CryptoBriefing•Estefano Gomez21 Sept
The oil and gas sector shrank 26 percent, new official data shows, pointing to the costs of the US-Israel war on Iran.
Al Jazeera21 Sept