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Middle East crude shipments push oil tanker rates to six-year high amid U.S.-Iran tensions

Freight costs for transporting crude oil from the Middle East surged to their highest level in six years as exporters accelerated shipments while tensions escalate between the United States and Iran. The cost of chartering a very large crude carrier capable of carrying two million barrels from the Persian......

Euro slips to four-week low as hawkish Fed and tensions unsettle markets

The euro weakened toward a four-week low against the dollar on Friday, as investors responded to a more hawkish tone from the Federal Reserve and rising geopolitical tensions involving Iran. The euro was last trading just below 1.18 dollars and was heading for a weekly loss of around 0.8 percent, putting......

United States sanctions Iranian officials over deadly protest crackdown

Iran faces its most severe crisis since the 1979 Islamic Revolution, sparked three weeks ago when Tehran bazaar merchants shuttered shops in protest against the currency's collapse. What began as economic demonstrations on December 28, 2025, has evolved into a nationwide uprising demanding regime......

Strikes paralyze Tehran's commercial districts

Shopkeepers in Tehran's Grand Bazaar and key commercial zones such as Lalehzar Street, Jomhouri, and the Shush wholesale district shuttered their stores on Sunday and Monday, bringing business to a standstill amid escalating economic discontent. Social media footage captured large crowds chanting......

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