World Business
IMF Cuts 2026 Global Growth Forecast to 3%, Citing Iran War Risks
The IMF has lowered its 2026 global growth forecast to 3%, the second cut this year, attributing the revision to 'uncertainty and...
#iran war 29 articles
Markets
Iran War Drives Oil Prices Past $100 Mark
Oil prices have surpassed $100 a barrel, driven by the Iran war disrupting global supplies. Analysts suggest this geopolitical factor makes the...
World Business
Japan’s June Trade Deficit Widens to ¥406.9 Billion Amid Weak Yen, Iran Conflict
Japan's trade deficit unexpectedly expanded in June to ¥406.9 billion ($2.5 billion), driven by a depreciating yen inflating import costs and rising...
Economy
China’s Economic Growth Decelerates Sharply, Missing Official Target
China's economy grew 4.3% in Q2, falling short of Beijing's target. Weak domestic demand and oil price shocks from the Iran war...
World Business
IMF: Global Growth at 3% as War Weighs, AI Lifts Outlook
The International Monetary Fund projects a sluggish 3% global economic expansion for 2026, a downgrade driven by the Iran war's energy shock,...
Markets
Oil Prices Retreat to Pre-War Levels as Hormuz Traffic Resumes
Global benchmark Brent crude has fallen to pre-Iran war levels, driven by the gradual resumption of traffic through the critical Strait of...
Markets
Fed, BOE Hold Rates Steady as Iran War’s Economic Impact Remains Unclear
Global central banks, including the Fed and BOE, are expected to keep interest rates unchanged, maintaining a guarded stance as the 100-day...
World Business
ECB Hikes Rates as Iran War Ignites Global Inflation Wave
The Iran war continues to push up global prices and dent growth, prompting the ECB's first rate hike in nearly three years...
Economy
US Job Openings Climb to 7.6 Million in April Despite Iran War Fallout
U.S. job openings surged to 7.6 million in April, demonstrating unexpected resilience in the labor market despite economic uncertainty stemming from the...