U.S. World Business Lifestyle
Today: June 12, 2026
Today: June 12, 2026

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Indian economy, government finances, see mounting costs from Iran war

A few months ago, India's economy was humming along nicely.

Indian economy, government finances, see mounting costs from Iran war
Business|Economy|Finance|Stock Markets|World

Investors spy a tipping point for bonds after geopolitics shreds old playbooks

Bonds have failed to shield investors during the Iran war.

Investors spy a tipping point for bonds after geopolitics shreds old playbooks
Business|Economy|Travel|World

Emirates to offer incentives, safety assurances as Iran war hits travel

Emirates will roll out incentives aimed at winning back travellers worried about the protracted Iran war, focusing on reliability and customer support

Emirates to offer incentives, safety assurances as Iran war hits travel
Business|Economy|World

The Strait of Hormuz is ‘leaking’ oil

The Strait of Hormuz is ‘leaking’ oil

The Strait of Hormuz is ‘leaking’ oil
Economy|Finance|Interview|Political|World

Trump dismisses idea that Iran betrays his 'no new wars' campaign message

President Donald Trump is dismissing the idea that launching the war with Iran betrayed his refrain of “No new wars” as he campaigned for the White House in 2024

Trump dismisses idea that Iran betrays his 'no new wars' campaign message
Business|Economy|Environment|Finance|Interview|Lifestyle|US|Videos

From unfilled gas tanks to fewer frills, retailers see US consumers rethink their spending

U.S. consumers haven’t stopped spending since the Iran war drove up fuel prices

From unfilled gas tanks to fewer frills, retailers see US consumers rethink their spending
Business|Economy|Travel|World

Deferring jet orders over Iran war would be costly for Middle Eastern carriers, IATA VP says

Deferring jet orders due to uncertainty and higher jet fuel prices caused by the war in Iran would be unwise for Middle Eastern

Deferring jet orders over Iran war would be costly for Middle Eastern carriers, IATA VP says
Arts|MidEast|Sports|Travel|World

Iran's soccer team leaves for World Cup as some officials still await US visas

Iran’s World Cup soccer team is traveling from Turkey to their training base in Mexico

Iran's soccer team leaves for World Cup as some officials still await US visas
Business|Economy|Travel|World

Brazilian airline Azul plans further frequency cuts as fuel shock bites

Brazilian airline Azul is stepping up capacity cuts amid higher jet fuel prices linked to the Iran war, and the carrier will continue to trim

Brazilian airline Azul plans further frequency cuts as fuel shock bites
Business|Economy|Finance|World

Foreign investors pivot to short India debt ahead of policy turn

Overseas investors are opting for short-term Indian government bonds as they find attractive entry points amid expectations of the interest rates cycle

Foreign investors pivot to short India debt ahead of policy turn
Business|Economy|Finance|MidEast|Political|Stock Markets|World

With Trump in a holding pattern on Iran war, allies and critics worry he risks getting boxed in

President Donald Trump insists he's comfortable with the current holding pattern in the Iran war

With Trump in a holding pattern on Iran war, allies and critics worry he risks getting boxed in
Business|Economy|Environment|Finance|Stock Markets|World

The Dow leaps to a record as oil prices ease and US stocks outside of AI rally

Wall Street rallied after falling oil prices and yields in the bond market eased the pressure on U.S. stocks

The Dow leaps to a record as oil prices ease and US stocks outside of AI rally
Business|Economy|Political|World

Oil settles lower on hopes for Iran deal following Israel-Lebanon ceasefire

Oil prices settled around 3% lower on Thursday on investor hopes for an end to the U.S.-Israeli war with Iran that could reopen the Strait of Hormuz,

Oil settles lower on hopes for Iran deal following Israel-Lebanon ceasefire
Business|Economy|Europe|Finance|Stock Markets|World

UK construction activity shrinks at fastest pace since 2020, PMI shows

Activity in Britain's construction sector slowed at the sharpest pace in six years last month as economic uncertainty and rising inflation triggered by the Iran war led to a

UK construction activity shrinks at fastest pace since 2020, PMI shows
Business|Economy|Europe|Political|World

UK employers ask government to ease off on tax and price-gouging claims

The Confederation of British Industry called on Britain's government not to treat business as a cash cow or accuse companies of price-gouging as the

UK employers ask government to ease off on tax and price-gouging claims
Europe|MidEast|Political|World

Trump will attend the NATO summit in Turkey in July, Rubio says

U.S. President Donald Trump will attend the NATO meeting of heads of state that is taking place in Turkey in early July, U.S.

Trump will attend the NATO summit in Turkey in July, Rubio says
Asia|Business|Economy|Finance|MidEast|Stock Markets|World

Disruption of Mideast energy supplies into next year would slam global economy

Prolonged disruption of energy supplies from the Middle East that lasts into next year would deal a severe blow to the global economy

Disruption of Mideast energy supplies into next year would slam global economy
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

UK services firms post first drop in activity since April 2025 as Iran war price pressure persists

British services firms suffered a small fall in activity in May as the strains of the Iran war pushed up their costs sharply and hit

UK services firms post first drop in activity since April 2025 as Iran war price pressure persists
Business|Economy|Election|Finance|Political|Stock Markets|US|World

The Latest: Rubio testifies in back-to-back Capitol Hill hearings

Secretary of State Marco Rubio will face more questions about the Trump administration’s fragile or stalling diplomatic efforts around the world in back-to-back hearings on Capitol Hill for the first time since the Iran war began

The Latest: Rubio testifies in back-to-back Capitol Hill hearings
Economy|Political|US|World

Rubio grilled on Iran, says US won't swap sanctions relief for strait

U.S.

Rubio grilled on Iran, says US won't swap sanctions relief for strait
Business|Finance|Political|World

Top US spy agencies feud over turf, mission

The CIA has stopped contributing to some intelligence assessments, including those related to the Iran war, produced by the office of

Top US spy agencies feud over turf, mission
Business|Economy|Finance|Stock Markets|World

Oil market could be underpricing risks, Vitol's Bahrain chief says

The oil market is underpricing some risks from the Iran war, global commodity trading house Vitol's managing director for Bahrain, Tom Baker, said on

Oil market could be underpricing risks, Vitol's Bahrain chief says
Business|Economy|Finance|Stock Markets|US|World

US job openings climbed to 7.6 million in April despite economic fallout from the Iran war

U.S. job openings jumped in April as the labor market looked resilient despite economic uncertainty caused by the Iran war

US job openings climbed to 7.6 million in April despite economic fallout from the Iran war
Business|Economy|Environment|Finance|Lifestyle|Travel

Sticker shock meets gridlock: LA motorists keep driving at any price

If you thought soaring pump prices since the onset of the Iran war might help clear the notoriously clogged highways of Los Angeles, think again.

Sticker shock meets gridlock: LA motorists keep driving at any price
Business|Economy|World

Israel's weapons exports reach a record high with sales doubling in the past 5 years

Israel's weapons exports reached a record high of over $19 billion last year, marking a 30% increase from 2024, according to Israel's Defense Ministry

Israel's weapons exports reach a record high with sales doubling in the past 5 years
Business|Economy|Europe|World

Euro zone firms struggle to raise prices despite Iran war shock

Only a third of the euro zone's largest companies have indicated they are raising prices in response to the Iran war, a Reuters analysis

Euro zone firms struggle to raise prices despite Iran war shock
Business|Economy|Technology|World

Iran war hands Syria windfall as airlines reroute over its airspace

Syria recorded nearly 12,000 aircraft transits in May as regional airlines rerouted

Iran war hands Syria windfall as airlines reroute over its airspace
Business|Economy|Finance|Stock Markets|Technology|World

Oil prices rise, but not by enough to keep Wall Street from more records

Oil prices rose following the latest fighting to threaten the U.S.-Iran ceasefire, but Wall Street isn’t very worried, and U.S. stocks ticked to more records

Oil prices rise, but not by enough to keep Wall Street from more records
Business|Economy|Finance|World

Trump is facing a new inflation warning from the bond market, adding to his midterm challenges

The world is getting more uptight about lending money to President Donald Trump’s government

Trump is facing a new inflation warning from the bond market, adding to his midterm challenges
Business|Economy|Finance|Stock Markets|US|World

US construction spending beats expectations in April

U.S. construction spending increased more than expected in April, boosted by single-family homebuilding, though rising mortgage rates amid the war with Iran continued to

US construction spending beats expectations in April
Business|Economy|Europe|MidEast|World

Factories face soaring costs as Iran war causes supply shocks

The economic shock from the Iran war hit European factories last month, suppressing demand for their

Factories face soaring costs as Iran war causes supply shocks
Business|Economy|Europe|Finance|World

UK manufacturers raise prices at fastest pace in nearly 4 years, PMI shows

British manufacturers raised their prices at the fastest rate since June 2022 last month in response to a big increase in costs as the Iran war disrupts supply chains,

UK manufacturers raise prices at fastest pace in nearly 4 years, PMI shows
Asia|MidEast|Political|World

Pentagon chief says U.S. ready to restart strikes on Iran if no deal

The U.S. is ready to restart attacks on Iran if a deal cannot be reached, Defense Secretary Pete Hegseth said on Saturday, as negotiators from Washington and Tehran

Pentagon chief says U.S. ready to restart strikes on Iran if no deal
Business|Economy|Environment|Finance|Political|Stock Markets|US|World

IMF, World Bank, others warn Middle East war is straining energy supplies

The heads of the International Energy Agency, International Monetary Fund, World Bank and World Trade Organization warned on Friday that the war in the Middle East was straining

IMF, World Bank, others warn Middle East war is straining energy supplies
Business|Economy|Environment|Political|World

Oil falls on hopes for US-Iran ceasefire agreement

Oil futures fell more than 2% on Friday, closing out their steepest weekly decline since early April as traders awaited word that the U.S., Israel and Iran

Oil falls on hopes for US-Iran ceasefire agreement
Business|Economy|Europe|World

Top euro zone countries see Iran inflation fallout broaden in May

Inflation in the euro zone's four largest economies hovered above the European Central Bank's 2% target for a third straight month in May, preliminary data showed on

Top euro zone countries see Iran inflation fallout broaden in May
Business|Economy|Political|World

Pakistan foreign minister set to discuss Iran with Rubio in Washington

Pakistani Foreign Minister Ishaq Dar arrived in Washington on Friday for talks with U.S.

Pakistan foreign minister set to discuss Iran with Rubio in Washington
Business|Economy|Finance|World

Bank of England's Bailey signals no need to move quickly to curb inflation jump

Bank of England Governor Andrew Bailey said on Friday that allowing inflation to run above the central bank's 2% target is justified given the uncertainty about the impact of the

Bank of England's Bailey signals no need to move quickly to curb inflation jump
Economy|MidEast|Political|World

Iran promises ‘utter ruin’ if war restarts. Here’s what could happen if diplomacy fails

Iran promises ‘utter ruin’ if war restarts. Here’s what could happen if diplomacy fails

Iran promises ‘utter ruin’ if war restarts. Here’s what could happen if diplomacy fails
Business|Economy|Europe|Finance|MidEast|Stock Markets|World

Global bonds take wild ride in May as Iran war shocks market

The Iran war rocked global bond markets again in May, sending yields to multi-decade highs as traders priced in central bank rate hikes

Global bonds take wild ride in May as Iran war shocks market
Business|Economy|Europe|Finance|MidEast|World

Iran war impact could 'doubly scar' euro zone consumers, ECB research finds

Euro zone consumers, already scarred by the Ukraine war, have changed their attitudes more quickly as a result of the upheaval of the Iran war, European Central Bank

Iran war impact could 'doubly scar' euro zone consumers, ECB research finds
Political|World

US and Iranian negotiators reach tentative deal to extend ceasefire and start new nuclear talks

U.S. and Iranian negotiators have reached a tentative agreement to extend the ceasefire by 60 days and start a new round of talks on Iran’s nuclear program

US and Iranian negotiators reach tentative deal to extend ceasefire and start new nuclear talks
Business|Economy|Europe|World

UK business sentiment edges up in May, Lloyds says

British business sentiment edged up in May and is now close to its level before the Iran war, according to a monthly survey by Lloyds on Friday which contrasted with most

UK business sentiment edges up in May, Lloyds says
Business|Economy|Environment|Political|World

America’s pile of emergency oil is shrinking fast

America’s pile of emergency oil is shrinking fast

America’s pile of emergency oil is shrinking fast
Business|Economy|Finance|Stock Markets|World

Three months, and counting

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets It’s now a full three months into the Iran war, and the United States

Three months, and counting
Economy|World

US jobless claims rise to 215,000 but layoffs remain low despite Iran war uncertainty

More Americans sought unemployment benefits last week, but layoffs remain low despite economic uncertainty caused by the Iran war

US jobless claims rise to 215,000 but layoffs remain low despite Iran war uncertainty
Business|Economy|Finance|US|World

US first-quarter GDP growth revised lower to 1.6% pace

U.S. economic growth was not a strong as initially thought in the first quarter, and momentum is set to slow this quarter, with the war with Iran stoking inflation and

US first-quarter GDP growth revised lower to 1.6% pace
Business|Economy|Finance|World

Key US inflation measure posts largest annual increase in three years

U.S. inflation increased at its fastest pace in three years in April, driven by higher energy prices due to the Iran war and cementing economists'

Key US inflation measure posts largest annual increase in three years
Economy|Political|US|World

Trump plays mayor at Cabinet meeting, showcasing his DC renovations

President Donald Trump took on the role of a small town mayor during his latest Cabinet meeting, spending 10 full minutes describing in great detail the various beautification projects underway around Washington, D.C. He highlighted efforts to fix fountains, power-wash pools and repair brick walkways

Trump plays mayor at Cabinet meeting, showcasing his DC renovations