Keywords: Iran conflict
U.S. Defense Secretary Pete Hegseth has told lawmakers that the military campaign involving Iran has cost the United States an estimated $37.5 billion so far, reflecting a significant increase from previous projections and reinforcing the administration's call for additional defense funding. Speaking......
Iran’s Supreme Leader Ayatollah Mojtaba Khamenei has vowed that retaliation for the death of his father and predecessor, Ayatollah Ali Khamenei, will take place, describing it as a demand from the Iranian people. The statement was issued as Iran held funeral ceremonies honouring Ali Khamenei,......
The European Central Bank (ECB) is once again confronting mounting inflationary pressures as renewed hostilities between the United States and Iran drive energy prices higher, complicating the eurozone's monetary policy outlook. Speaking on Friday, Yannis Stournaras, a member of the ECB's Governing......
French shipping giant CMA CGM is considering scrapping one of its container vessels after it sustained extensive damage in a missile strike during the recent conflict in the Strait of Hormuz, according to the company's chief executive. Speaking at a business conference in southern France on Friday,......
Trump requests $87.6 billion from Congress to cover Iran conflict costs and military replenishment Former U.S. President Donald Trump has requested $87.6 billion in additional funding from Congress, with the bulk of the proposed budget aimed at covering the costs associated with military operations......
Former U.S. President Donald Trump has intensified his long-running dispute with major news organizations, signaling that he may expand his legal action against The New York Times over its reporting on the conflict involving Iran. In recent public remarks, Trump accused the newspaper of publishing inaccurate......
Gold prices extended their decline for a second straight session as markets reacted to escalating military tensions between the United States and Iran while simultaneously reassessing the trajectory of US interest rates. Spot gold dropped 3.5 percent to 4,111.95 dollars per ounce, marking its lowest......
The carry trade strategy in emerging markets has lost momentum as global financial conditions tighten. Traders who previously benefited from borrowing in low-yield currencies and investing in higher-yield assets are now reassessing exposure. Expectations around US monetary policy have shifted sharply......
Urea prices have fallen sharply, erasing gains driven by geopolitical tensions linked to the Iran conflict. The correction marks a full reversal of the surge that followed fears of supply disruptions in global fertilizer markets earlier this year. Prices of nitrogen fertilizers in the United States......
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