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The Latest Breaking News from the Iran war

Why is UK inflation steady and how will the Iran war affect it?

February’s inflation rate of 3% means if an item cost £100 a year ago, it would now cost £103.

Evening Standard

Top central banker thinks businesses may be quicker to raise prices due to Iran war

Businesses might be quicker to raise prices in response to the Iran war due to bitter memories of the energy price inflation that broke out after Russia invaded Ukraine

The Independent UK

Kenya’s flower industry loses millions of dollars weekly due to the Iran war

Kenya’s flower industry is losing up to $1.4 million a week as the Iran war cuts demand and disrupts shipping

The Independent UK

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‘We’ve become like Europe’: Jamie Dimon warns China is beating the U.S. as he says Iran war means a ’better chance’ of permanent Middle East peace

Dimon spoke favorably about the Iran war, saying the largest countries in the region, including Saudi Arabia, the United Arab Emirates, and Qatar, want peace.

Fortune

War in Mideast spurs Muslims in Indian-controlled Kashmir to collect donations for Iran

More than a thousand kilometers from the Iran war, Muslim residents in Indian-controlled Kashmir are collecting donations for Iranians: gold, cash, even utensils and livestock.

The Independent UK

As Energy Surges on Crack Spreads, Consider Taking Gains on 2 Small Cap Oil Stocks

Understand how crack spreads, not crude alone, is driving refiners during the Iran war, and what could pressure CVR Energy and PBF Energy stocks next.

MarketBeat

Experts explain how to look after your money during the Iran war

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The Independent UK

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6 Surprising Ways Your Summer Travel Plans Could Be Impacted by the Iran War

What are the more subtle ways that the Iran war could impact your summer travel plans?

GOBankingRates

Heat pumps for all new homes and shops to get plug-in solar in green tech push

It is the latest in a series of announcements from the Government doubling down on its clean energy drive in response to the Iran war.

Evening Standard

Lidl to sell plug-in solar panels in government push to cut energy bills

Shoppers could soon see solar panels in the ‘middle of Lidl’ aisle as the government pushes green energy in response to soaring fossil fuel prices

The Independent UK

Over 400 million barrels will be added to the oil market soon – what are strategic reserves and what can they do?

In the second week of the Iran war – with the Strait of Hormuz effectively closed, cutting off shipping of 20% of the world’s oil supply – the International Energy Agency announced the largest release of strategic oil reserves in history. Thirty-two countries will sell a combined 412 million barrels…

The Conversation

The Iran war has lessons to teach us about nuclear weapons – but we risk learning the wrong ones

Nuclear “non-proliferation” – preventing the spread of nuclear weapons beyond states that already have them – has been held up as the rationale for the US-Israeli war on Iran.

The Conversation

Starmer to hold emergency Cobra meeting over Iran war after warning prices rises are ‘inescapable’

The prime minister will meet with senior ministers and Bank of England governor on ⁠Monday ‌to discuss the impact of ‌the conflict

The Independent UK

‘Trumpflation’: how the Iran war’s economic storm could affect Britons

Yet another cost of living crisis looms with fuel, food, holiday, energy and home loan prices expected to rise

The Guardian - UK

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Radio France Internationale

Could the war in Iran lay a path for peace between Armenia and Azerbaijan?

The Iran war is adding impetus to reconciliation efforts between Armenia and Azerbaijan, as the region seeks to position itself as a new trade corridor between Europe and energy-rich central Asia, with the conflict highlighting Europe's energy dependency on the volatile Middle East.

Fortune

Covid gave us hybrid work. The Iran War might give us a 4-day week—and this time, experts say it could stick

As governments across Asia slash the working week to save energy amid the Iran War, workers have never been closer to a permanent four-day week—but it won't be for everyone.

Reason

Joe Kent Defects, Robots, and Mad Men Sequel Ideas

Robby Soave and Christian Britschgi discuss political fallout from the Iran war, Tulsi Gabbard's pivot, and Rand Paul calling out Markwayne Mullin.

International Business Times UK

Trump Raises Eyebrows After Saying War Could End 'In Two Seconds' With Nuclear Weapons While Sitting Beside Japan's PM

During a meeting with Japan's Prime Minister, Trump made controversial remarks about the Iran war and referenced Pearl Harbor, sparking international attention.

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Fortune

For CEOs, it’s time for a wartime mindset

The Iran war may end, but global instability is here to stay. Business leaders who plan for volatility will have the edge.

Euronews

Europe's fertilizer crisis: prices surge due to Iran war and dependence on Russia

The fertilizer market is facing a double crisis: the Iran war is driving up prices, the Strait of Hormuz is blocked - and at the same time it is becoming clear how dependent Europe still is on Russian supplies.

The Independent UK

European Central Bank holds rates unchanged as energy shock from Iran war causes massive uncertainty

The European Central Bank left its key interest rates unchanged Thursday and warned that the Iran war would boost inflation in the short term through higher energy prices but that the long-term impact on consumer prices and the economy was uncertain

The Independent UK

European Union summit will focus on Iran war and a loan to Ukraine blocked by Hungary

European Union leaders are holding a summit in Brussels to tackle growing fallout from the Iran war, rising energy prices and a stalled loan for Ukraine

International Business Times

Fed Not Expected To Cut Rates With Inflation Looming

Facing the looming prospect of inflation driven in part by the Iran war, the Federal Reserve is not expected to cut interest rates when it meets Wednesday afternoon.

GOBankingRates

Trump Says the Iran War Could End Soon: How Your Wallet Could Still Feel the Pinch After It’s Over

President Trump has given mixed signals on the war, signaling it could end soon or continue. Even if it winds down, several factors could squeeze wallets.

The Times of India

‘Good thing that he’s out’: Donald Trump says Joe Kent was ‘weak on security’ after counterterrorism chief quits over Iran War

US President Trump welcomed the resignation of NCTC director Joe Kent, calling him "very weak on security" after Kent protested the Iran war. Kent stated Iran posed no imminent threat, attributing the conflict to Israeli pressure. Republicans defended the strikes, while Democrats sided with Kent, highlighting internal dissent amid heightened…

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