The Latest Breaking News from Iran

Iran plans a 200% increase in military budget due to rising tensions with Israel and regional security concerns.

Germany has protested to Iran over the execution of Iranian German prisoner Jamshid Sharmahd, who lived in the U.S. and was kidnapped in Dubai in 2020 by Iranian security forces

The dollar index (DXY00 ) on Monday was little changed. The dollar was undercut by reduced safe-haven demand after Israel launched a limited retaliatory strike against Iran, reducing the chances for an all-out Middle East conflagration. However, the dollar saw underlying support from Monday’s +3.4 bp rise in the 10-year...

German-Iranian national executed in Iran for terrorism offenses, drawing global criticism and raising human rights concerns.

December WTI crude oil (CLZ24 ) on Monday closed down -4.40 (-6.13%), and December RBOB gasoline (RBZ24 ) closed down -0.0113 (-5.46%). Crude oil prices plunged on Monday after Israel over the weekend launched a limited retaliatory strike on Iran and did not strike any of Iran's oil facilities. Iran...

Former ConocoPhillips economist Marianne Kah on the election: Whether it's Harris or Trump, the outcome likely won't affect oil production.

Global oil prices are falling sharply after a retaliatory strike by Israel over the weekend targeted Iranian military sites rather than its energy infrastructure as had been feared

Germany warns of ‘serious consequences’ for Tehran’s ‘inhumane regime’

Israeli PM Netanyahu emphasizes countering Iran and pursuing peace with Arab nations post-Gaza conflict.