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The Latest Breaking News from the Iran war

‘I am certain’: Harvard policy expert warns the true cost of the Iran war to U.S. taxpayers will exceed $1 trillion

Linda Bilmes, along with economist Joseph Stiglitz, previously calculated the true cost of the 2003 Iraq war was at least fourfold greater than initially projected.

Fortune

This Defense Stock Has Soared 56% YTD Amid Iran Tensions. Is It Too Late to Buy?

A 56% surge amid the Iran war puts this defense giant in the spotlight. Should you buy now or wait?

Barchart

Israeli settlers block Palestinian kids' path to school with tear gas and barbed wire

Palestinian schoolchildren trying to return to class this week for the first time since the Iran war started were blocked by an impromptu barbed wire fence erected overnight by Israeli settlers

The Independent UK

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Social Media Stocks Could Be a High-Risk, High-Reward Bet Amid the Iran War Based on This Chart

The SOCL ETF could make for an interesting “nibble” on the way to a larger position if all things go well.

Barchart

Stock markets gain and oil falls on hopes of renewed US-Iran talks

European markets opened higher on Tuesday morning, tracking Asian and Wall Street gains, as oil prices fell on expectations that a possible second round of talks between the US and Iran would end the Iran war.

Euronews

China’s exports grew 2.5% in March, slowing significantly as Iran war raises uncertainty

China’s exports grew 2.5% in March from a year ago, significantly slowing from the previous two months as uncertainties rose from the Iran war and its impact on energy prices and global demand

The Independent UK

Britain Reveals Russia Used the Iran War as Cover to Send Spy Submarines After Undersea Cables in the North Atlantic

British forces tracked Russian submarines attempting to spy on undersea infrastructure in North Atlantic, according to Defence Secretary John Healey

International Business Times UK

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‘Good for Russia, good for China, bad for America’: How the Iran war is reshaping global economies and power

Stagflation, unemployment, recession: The Iran war is rewriting the global economy, and the damage may be permanent.

Fortune

Starmer 'fed up' as he blames actions of Trump and Putin for cost of living crisis in Britain

Comments seen as rare public criticism of US President by the Prime Minister amid their strained relationship over the Iran war

Evening Standard

Tanzanian leader orders smaller convoys and shared buses to cut fuel use as prices rise

Tanzania's President Samia Suluhu Hassan is cutting down on official and luxury vehicles to save fuel as oil prices rise due to the Iran war

The Independent UK

Record oil production in West Texas helps stabilize U.S. supply amid Iran war

Production in West Texas has helped the U.S. stabilize its demand for foreign oil amid the Iran war, despite drilling fewer oil wells.

The Texas Tribune

Pete Hegseth Faces Impeachment Bid As Iran War Stokes US Constitutional Clash

A growing impeachment effort against Pete Hegseth over the Iran war is intensifying debate in Washington, with some lawmakers raising broader concerns about presidential authority, Congress war powers, and the constitutional balance of power in the US.

International Business Times UK

Gas discovery off Egypt's coast comes at a critical moment for Iran war

ENI and Egypt have announced a significant gas discovery in the Eastern Mediterranean — a potential boost for Cairo as the Iran war sends energy import costs rocketing.

Euronews

In a staggering twist, Americans are wasting $240M a day extra on gas, totaling $8.4B since the Iran War began

Since the Iran war began, fuel prices soared all over the world. Iran’s ironclad control of the Strait of Hormuz has driven prices up. But how much are Americans spending on average for fuel since the war?

The Mary Sue

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Reason

Ro Khanna: Congress Has Surrendered on War

The California congressman discusses the Iran war, unchecked executive power, California’s wealth tax debate, and the search for a shared American identity.

We Got This Covered

In a staggering twist, Americans are paying $240M a day extra on gas, totaling $8.4B since the Iran War began

The Americans are paying a steep price for this war.

The Independent UK

Senegal limits foreign trips for officials as the fallout from Iran war deepens

The Senegalese government has banned nonessential foreign trips for ministers to save costs as the energy crisis linked to the Iran war deepens

MarketBeat

3 LNG Stocks to Watch as Iran War Continues

Liquefied natural gas produced and processed domestically may help to drive major growth for these companies amid the Iran war.

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Euronews

French ship crosses Strait of Hormuz in first Western European transit during Iran war

A vessel owned by France’s CMA CGM has become the first ship tied to Western Europe to cross the Strait of Hormuz since the outbreak of the Iran war in late February, according to ship tracking data.

The Guardian - AU

A day in the life of Asia’s fuel crisis

From farms in New Zealand to factories in Delhi, the effects of the oil crisis triggered by the Iran war are rippling across Asia

International Business Times UK

Donald Trump Approval Hits Record Low as Majority of Americans Sour on Iran War and Economy

Donald Trump's approval rating has dropped to some of the lowest levels of his second term, as new polls show Americans turning against his handling of the Iran war and the economy. Support is softening even among core Republican and 'MAGA' voters amid rising fuel prices and market jitters.

The Conversation

Nato has survived some serious rifts but the Iran war shows how the US has soured on the transatlantic alliance

The US president took the opportunity of a prime-time speech to the US public on April 1 to repeat his by now-familiar criticism of America’s Nato allies for not joining the war in Iran. He told them to “build up some delayed courage. Should have done it before. Should have…

Euronews

Iran war disrupts global aid supply, threatening life-saving operations across Africa

The Iran war is disrupting fuel and shipping, choking life-saving operations and pushing up hunger and poverty across Africa, Aid group IRC has warned.

Fortune

COVID gave us hybrid work. The Iran war might give us a four-day week—and this time, experts say it could stick

As governments from Australia to Europe scramble to save fuel amid the Iran war, experts say we’ve never been closer to a permanent four-day week.

Euronews

Iran war pushes Germany's deficit to 4.2% as growth outlook is cut by 50%

Germany's top economic institutes say the Iran war is exposing structural weaknesses that predate the conflict — and warn that without reform, the country risks permanently underperforming its growth potential.

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