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Iran asserts full control over the Strait of Hormuz, challenging US claims of dominance in the strategic waterway.

A widening deficit and Ukrainian strikes are testing Russia's economy, even as war in the Middle East lifts oil revenue.

US senators call for inquiry as USS Lincoln has record-long period without port stop amid war on Iran.

Iran called President Donald Trump's claim that Washington controlled the Strait of Hormuz "lies and fabrications" on Thursday as Ebrahim Zolfaghari, the spokesperson for Iran's central military command, said that the waterway was fully under Tehran's control.

Because of the blockage of the Strait of Hormuz, Iraq cannot export enough oil to fund the country's huge public sector.

The US and Iran continue their standoff in the Strait of Hormuz as mediators try to coax talks.

Weaker growth, rising energy costs and persistent inflation mean Britain could face tougher times in the autumnUK economic growth slows downBusiness live – latest updatesIn the spring the International Monetary Fund warned Britain faced the heaviest economic blow from the Iran war among the world’s most advanced nations. Almost six months into the conflict, on the surface, the UK appears to be proving the forecasters wrong.The latest official figures show the UK maintained its pole pos

Segundo o Deadline, Sagar Radia, conhecido por seu trabalho no aclamado drama ‘Industry’, irá se reunir com a HBO para mais um projeto.

Incheon airport had 38.39m international passengers in first half of 2026, as traffic diverted from Middle East hubsSouth Korea’s Incheon airport has become the world’s busiest airport for international passengers, in part owing to disruption in the Middle East caused by the Iran

This summer’s extreme weather and wars in Iran and Ukraine have made our need for food stockpiles more pressing than everWhen a business makes long-term plans, they call it prudence. When a government makes long-term plans, they call it communism. Any sustained state intervention attracts the prefix “Soviet-style”, and triggers vicious attacks across the billionaire media. So governments have developed a bias against long-term thinking. This may explain why we no longer maintain strate

Live, rolling coverage of business, economics and financial markets as GDP rises in June despite Iran war after stagnating in MayThe UK economy is estimated to be 1.2% bigger than it was a year ago.Real GDP per person is estimated to have increased by 0.4% in the second quarter, up 1.0% compared with the same quarter a year ago.I know people are worried about the impact of the conflict in the Middle East on their cost of living, which has been too high for too long and it has added pre

GDP expanded by 0.4% in three months to June, down from 0.6% in the first quarter, says ONSEconomic growth slowed in the second quarter of the year, as the disruption unleashed by the Iran war began to take its toll, official figures show.The Office for National Statistics (ONS) said GDP expanded by 0.4% in the three months to June, down from 0.6% in the first quarter, in line with City economists’ expectations. Continue reading...