Middle East

US Strikes Iran Again, Sending Dow Down 400 Points and Oil Surging

US airstrikes hit Iranian targets Tuesday, sending the Dow down about 400 points and pushing oil higher as supply through the strait of Hormuz stays disrup

NBA Suspends Clippers Owner Ballmer, Strips Five Draft Picks Over Kawhi Deal

The NBA suspended Clippers owner Steve Ballmer for one year, stripped five first-round draft picks and fined the team $30 million over the Kawhi Leonard ca

New York City Bans AI for Students Through 8th Grade for One Year

New York City announced a one-year ban on AI tools for students through eighth grade, with new literacy classes and screen-time caps for older students.

Two Killed and Suspect Dead in Downtown Minneapolis High-Rise Shooting

Two people were killed and seven wounded, including three police officers, in a shooting at a downtown Minneapolis high-rise Wednesday. The suspect is dead

HPE Raises Annual Forecasts as AI Server Demand Lifts Quarterly Revenue

Hewlett Packard Enterprise raised its annual profit and revenue forecasts after AI server and networking demand drove a quarterly earnings beat.

Iran and Oman Discuss Joint Shipping Lane Through Strait of Hormuz

Iran and Oman opened talks Tuesday on a jointly managed shipping route and mine-clearing mission through the Strait of Hormuz.

Trump Unveils Global Sanctions Plan to Isolate Iran, Warns China

The Trump administration announced a plan to isolate Iran's economy with secondary sanctions, signaling that China would not be exempt.

US Removes Syria From Terrorism Sponsor List, Clearing Investment Path

The US has removed Syria from its state sponsors of terrorism list, ending a 1979 designation and lifting a major obstacle to foreign investment.

Trump Rules Out Iran Talks, Lifting Oil and Sinking US Stocks

US stocks opened lower on Tuesday after Trump said no Iran talks were scheduled, lifting oil prices and Treasury yields amid the Hormuz standoff.

Iran Warns New US Sanctions Violate Other States’ Sovereignty

Iran denounced proposed US sanctions on Thursday as a violation of other states' sovereignty, while Treasury Secretary Scott Bessent defended the measures.

US Tightens Iran Sanctions as Tehran Families Cut Food and Medicine

US sanctions and a naval blockade are squeezing Iran's economy as JD Vance defends the pressure campaign nearly six months into the war.

Bessent Says U.S. Will Avoid Large-Scale Iran Combat, Urges China to Join Sanctions

Treasury Secretary Scott Bessent said Thursday the U.S. will rely on economic pressure over large-scale combat against Iran and urged China to join the san

Trump Declares ‘Economic Warfare’ on Iran, Warns Nations Aiding Tehran

President Trump announced expanded economic measures against Iran on Wednesday, warning that any country aiding Tehran will face consequences.

Kushner Meets Hamas Chief in Cairo Ahead of Netanyahu Ceasefire Talks

Jared Kushner held a rare meeting with Hamas's political chief in Egypt to revive a stalled Gaza ceasefire, ahead of Monday talks with Netanyahu.

Trump Vows to Declare Strait of Hormuz US Territory, Iran Rejects Claim

Trump says he will soon declare the Strait of Hormuz US territory, a claim Iran flatly rejected as ceasefire talks with Washington stall.

US Vows Indefinite Iran Blockade and Unprecedented Economic Isolation in Hormuz Standoff

Washington says it can sustain its naval blockade of Iran indefinitely while planning unprecedented economic isolation targeting the Strait of Hormuz.

Iran Claims Control of Strait of Hormuz as Oil Risks $120 a Barrel

Iran declares full control of the Strait of Hormuz, rejecting US claims, as a diplomatic deadlock threatens to push oil prices toward $120 a barrel.

Strait of Hormuz Ship Traffic Plunges 90% as US-Iran Talks Stall

Only eight vessels crossed the Strait of Hormuz on Tuesday, a 90% drop from pre-war levels, as US-Iran peace talks stall and Trump claims US control.

Houthi Attack Kills Six on Cargo Ship in Bab al-Mandeb Strait

Six crew members were killed after a suspected Houthi attack set an Egyptian-owned cargo ship ablaze in the Bab al-Mandeb strait, the first Red Sea shippin

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