Trump's Iran War Could Torch the Global Economy
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The head of the International Energy Agency said Monday that the global economy faces a “major, major threat” because of the Iran war. DoorDash offers added payments to US and Canadian drivers as gas prices soar Trump says US is talking with an Iranian leader as he extends deadline for striking power plants Trump touted bigger tax refunds this year,
Waves of tariffs from President Donald Trump unleashed chaos across global markets in 2025, reigniting trade tensions and rattling investors. Throughout the year, dozens of executive orders on tariffs and modifications to existing tariffs came into effect (1),
Events in the Middle East have materially changed the near-term economic and financial outlook. Monetary policy expectations in futures markets have shifted markedly. Read more here.
The Chief Executive Officer of TotalEnergies, Patrick Pouyanne, has warned that a prolonged war in the Middle East could have severe consequences for
The global economy is under major threat from the ongoing energy crisis. The Middle East war has severely damaged energy assets. Oil prices have surged. International Energy Agency chief Fatih Birol warns no country will be immune to the crisis's effects.
Maritime traffic in the waterway is already down as the Houthis, Iran's Yemen-based proxy group, warn "our fingers are on the trigger."