Iran

Iran coverage — diplomacy, conflict, sanctions, and the nuclear question — from a balanced source set.

1363 articles shownof 1368 totalLast updated 2026-09-22 20:52 UTC

Trump Tells UN: 'To the Victor Belong the Spoils' on Venezuela Oil, Warns Iran to Deal or Be 'Annihilated'

Trump used his UN General Assembly speech Tuesday to claim credit for the January 2026 operation that toppled Nicolás Maduro, tout a 65-billion-barrel oil deal with Venezuela, and threaten to 'annihilate' Iran if it doesn't make a deal after the midterms. He also signed a Greenland security pact and called for the International Criminal Court to be abandoned entirely.

Trump Says Iran Choice Is Deal or 'Annihilate,' Decision Waits Until After Midterms, as Tehran Offers to Reopen Hormuz

At the UN General Assembly on Tuesday, Trump told Iran it faces a deal or destruction, but says he won't decide until after November's midterms. Hours later a senior Iranian official told Reuters Tehran could reopen the Strait of Hormuz within seven days if the US eases military pressure, even as new US sanctions grounded Iranian airlines and Iran's parliament approved new Hormuz transit fees.

Trump Tells UN He Expects Iran Deal After Midterms, Threatens to 'Annihilate' Regime If Not

Six months after Operation Epic Fury blew past its original six-week timeline, Trump told the UN General Assembly on Tuesday he'll either let Iran rebuild into 'one of the greatest' countries or drive it 'into hell' if no deal comes together after November's midterms. Iran hasn't collapsed, shipping through Hormuz remains depressed, and a Reuters/Ipsos poll puts Trump's approval on the war at just 32%.

Brent Crude Holds Near $100 as US-Iran War Drags Into Its Seventh Month

Brent crude is hovering near $100 a barrel and WTI above $95 after a volatile month tied to the ongoing US-Iran conflict, Houthi attacks on Saudi Arabia, and a Libyan pipeline shutdown. Bank of America, HSBC and Goldman Sachs have all raised their price forecasts in the past two weeks, and gas prices at the pump are climbing with them.

Oil Swings Between $90 and $100 as Iran Reportedly Offers to Reopen Hormuz, Bessent Threatens to Ground Iranian Airlines

A single-sourced Kyodo News report claiming Iran offered to reopen the Strait of Hormuz within seven days sent WTI crude tumbling toward $90 a barrel Tuesday, before it clawed back to near $94 as the claim went unconfirmed by Washington or Tehran. Meanwhile Treasury Secretary Scott Bessent announced Iranian airlines will be cut off from fuel and landing rights starting Wednesday, and G7 foreign ministers demanded Iran stop arming the Houthis, showing diplomacy and pressure campaigns are running on parallel tracks heading into the UN General Assembly.

Saudi Oil Through Hormuz Nearly Quadruples in a Week, CENTCOM Says Iran Still at Zero Exports

Since Saudi Arabia shut its East-West pipeline on September 13, Aramco has rerouted crude through the Strait of Hormuz, and new tracking data shows Saudi flows through the strait averaged 2.9 million barrels a day over the past six days, up from 700,000 in August. CENTCOM says Iran has exported zero barrels under its blockade and that U.S. forces had redirected 110 commercial vessels as of September 21, even as a separate UN panel found reasonable grounds that two February 28 U.S. strikes were war crimes.

Pezeshkian Lands in New York for UN Speech as Iran's Guard Threatens to 'Change the Geography of War'

Iran's president touched down in New York for a Wednesday UN address, the first visit by a top Iranian official to U.S. soil since the war began in late February. Meanwhile Saudi Arabia issued and lifted a brief danger alert near Yemen, a tanker took a hit entering the Strait of Hormuz, and Britain agreed to refuel Saudi jets as the IRGC warns any new U.S. strikes will bring weapons and targets nobody's seen yet.

Trump Opens UN Speech Today as Iran War Enters Its Seventh Month and Houthis Hit Riyadh's Airport

President Trump addresses the UN General Assembly today, Sept. 22, with the US-Iran war nearly seven months old and a Houthi strike on Riyadh's airport still fresh. Officials say he'll push Iran's nuclear ambitions and hold sideline meetings with Macron, Japan's Takaichi, and Venezuela's Rodríguez, while critics like CNN argue US influence is fraying, not growing.

DOJ Now Investigating Binance Itself Over Iran Sanctions, Not Just the Traders Who Used It

Since prosecutors filed a $61 million forfeiture complaint on September 14 against two Hong Kong trading firms, Bloomberg now reports the Justice Department has opened a broader inquiry into whether Binance itself knowingly let Iran-linked trading slip through. Binance says it has zero tolerance for sanctions violations and is cooperating, but this is the exchange's third brush with US sanctions scrutiny in three years.

Bessent Sets Wednesday Deadline for Global Iran Airline Shutdown as Iraq, Georgia and Turkish Airlines Already Curb Service

Treasury Secretary Scott Bessent says every Iranian airline will be locked out of fuel, landing services and ticket sales worldwide starting Wednesday, September 23, or foreign providers risk losing access to the U.S. dollar system. Iraq, Georgia and Turkish Airlines have already moved to cut ties, but the threat leans on sanctions authority Treasury already has, not a new law, and experts are split on how much more pain it actually adds after seven months of war.

Iran's GDP Shrank 10.1% This Year as Trump's Approval Rating Hits a Career-Low 32%

Iran's Statistical Center reports the economy contracted 10.1% year-on-year in the quarter spanning late March to June, while a new Reuters/Ipsos poll puts Trump's approval at 32%, the lowest of his political career, with Republicans souring on gas prices and the war. Trump says Iran is 'getting weaker by the day' and is urging Iranians to rise up, but Tehran hasn't confirmed any return to negotiations.

The Atlantic Argues the Iran War Has No End in Sight Short of Regime Collapse

An Atlantic analysis says the U.S.-Israel conflict with Iran isn't a war that ends with a deal, it's a decades-old fight that only stops if the Islamic Republic falls or transforms. The timeline runs from the 1979 revolution through Operation Midnight Hammer in 2025 and the bigger Operation Epic Fury strikes in February 2026, with Iran and the Houthis now squeezing the Strait of Hormuz and Bab el-Mandeb.

US Destroys One Iranian Tanker, Disables Two Others After IRGC Missile Attack on Navy Ships

CENTCOM says US forces struck three Iranian crude carriers Saturday after the IRGC fired ballistic missiles at two Navy ships, and Iran's military is now warning of 'painful' retaliation. Treasury Secretary Scott Bessent says Iranian airlines get cut off from the dollar system starting September 23, and Iraq is already moving to ban Iranian flights Tuesday. All of it lands two days before Trump sits down with six Gulf leaders in New York to decide what comes next.

GOP Senators Warn Battleground Map Widens to Nine States as One Republican Senator Cites Gas Prices and Iran War

Senators in both parties say the Senate map has expanded to nine competitive states six weeks before Election Day, with Kansas and Nebraska now in play for Republicans. Democrats and even some Republicans blame rising gas prices tied to the Iran war Trump launched in February, while Fox News and Breitbart counter that polls are within the margin of error and Democratic candidates carry their own baggage.

Oil Drops to 11-Day Low on Iran Diplomacy Hopes as Gold Hits Monthly Low Ahead of Fed Decision

Brent crude fell 2% to an 11-day low of $101.75 Monday on hopes Trump and Iran's Pezeshkian could meet at this week's UN General Assembly, even as Houthi strikes on Saudi Arabia continued. Gold sank to a one-month low as traders priced in an 89% chance the Fed hikes rates Wednesday, while EV sales diverged sharply: Europe up 36%, the US down 33% after Trump killed the subsidy.

Oil Slides for a Fourth Day as CENTCOM Reports Hormuz Traffic Hits Six-Month High, Trump Says He's in 'Deciding Mode' on Iran

Since Iran's blockade of the Strait of Hormuz began after the February 28 US-Israeli strikes, oil has now fallen four straight days as CENTCOM says Gulf allies moved over 1 billion barrels through the strait in recent weeks. Trump says he's weighing whether to annihilate Iran's regime, cut a deal, or let it rot economically, and might meet Iran's president at the UN this week. Diplomacy in Oman already collapsed once this month, and the Houthis are still hitting Saudi Arabia even as Trump claims they've promised to leave the US alone.

Iran Threatens US Ships and Oil Assets as Hormuz Standoff Enters Its Eighth Month, Netanyahu Vows Regime's End Is Near

Iran's military and its Supreme National Security Council secretary Mohsen Rezaei warned of painful retaliation against US ships and Middle East energy infrastructure if Washington strikes again, even as Tehran says it has passed ceasefire conditions to the US through Qatar. Oil prices climbed Monday on the news, and Netanyahu used a Rosh Hashanah address to declare the Iranian regime's end is near.

Iran's Military Says It Expects US to Resume Strikes as Trump Calls Himself in a Deciding Mode

Iran's Khatam al-Anbiya Central Headquarters says it has intelligence the US decided to resume attacks on Iran, while Trump tells Fox News he's weighing military action, more sanctions, or a deal. A Pentagon inspector general report already puts the cost of Iran's earlier retaliatory strikes at $3.7 billion in damaged US equipment across eight countries, a toll CBS News says wasn't fully disclosed to the public.

US Embassy Tells Americans to Leave Iran Now as Trump Weighs Tehran's Terms to End the War

The US Virtual Embassy in Iran issued an emergency alert Sept. 19 telling Americans to get out immediately, citing airspace closures and a rapidly deteriorating security picture across the Middle East. Iran has sent terms through Qatari mediators to end the months-long conflict, and Trump says he's deciding between a deal, more economic pressure, or military action, with an answer expected around his UN address this week.

Qatar's PM Calls for Gulf-Iran Security Framework as Trump Set to Meet Gulf Leaders at UN Assembly

Qatar's Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani told Bloomberg the Gulf can't return to its pre-war status quo without a security framework that includes Iran. He made the pitch in New York as Gulf leaders prepare to meet President Trump at the UN General Assembly, with Washington pushing to reopen the Strait of Hormuz and the Congressional Budget Office pegging the conflict's cost to US taxpayers at $38 billion and climbing.

State Department Approves Visas for Iran's UN Delegation as Trump Says He's in 'Deciding Mode' on the War

Iran's president and foreign minister got visas for this week's UN General Assembly, but the State Department is confining them to their hotel, the UN mission, UN headquarters and JFK Airport, with no shopping trips allowed. Trump says he's weighing whether to 'blow the entire nation up' or cut a deal, and floated being 'probably open' to meeting Iran's president face to face.

Iran Says It Has Intel of Renewed US Strikes as Trump Cuts Short Camp David Trip and Weighs 'Wiping Iran Out'

Iran's Khatam al-Anbiya Central Headquarters claims it has intelligence that Washington decided to resume strikes with a 'green light' from regional states, and Trump abruptly left Camp David with no explanation as a new State Department security alert went out. No US official has confirmed a decision to resume strikes, and Trump himself says he's also weighing a deal, so the loudest claim in this story right now is Iran's own, unverified by Washington.

Federal Debt and an Iran Oil Shock Are Testing the Fed's Independence, Economists Warn

Rising federal debt is pulling the Federal Reserve and the Treasury into closer coordination. Bloomberg's analysis blames President Trump's handling of the Iran conflict for keeping energy costs elevated long enough to force central banks to abandon their old playbook on supply shocks. Inflation has stayed above the Fed's 2% target all decade, Treasury yields are surging, and Washington keeps spending anyway.

Ocean Freight Rates Near Pandemic-Era Records as Iran War Pushes Diesel Toward $6.50 a Gallon

Container shipping rates from Asia to the U.S. have quadrupled since late February and are closing in on 2022 COVID-era records, driven by soaring bunker fuel costs tied to the Iran war and Strait of Hormuz disruptions. Diesel near $6.50 a gallon and inflation creeping back up are colliding with a stubbornly strong import season, leaving small business owners squeezed from every direction.

Iran Standoff Pushes Oil Toward $110 a Barrel, Rattling Indian Markets and Squeezing US Businesses

Brent crude has climbed toward $110 a barrel as US-Iran tensions escalate, dragging Indian stocks down and accelerating foreign investor selling. American business owners say the resulting supply chain chaos is worse than COVID. Trump insists oil will crash once the war ends, but the inflation data isn't cooperating yet.

Trump Downplays Report Linking Chinese Satellite Imagery to Deadly Iran Strike Ahead of Xi's White House Visit

The Wall Street Journal reported that Chinese entities supplied Iran with satellite imagery of a Jordan base before and after a July 17 attack that killed three U.S. troops. Trump has brushed it off, saying China 'behaved reasonably well' and that 'they basically do what we do,' as he prepares to host Xi Jinping for a state dinner on Thursday, Sept. 24. Sen. Elissa Slotkin wants Trump to make it a centerpiece of the summit; China calls the allegations groundless.

Trump Says He's in 'Deciding Mode' on Iran, Floats Blowing Up the 'Entire Nation' Days Before Possible Pezeshkian Meeting

Nearly seven months into the Iran war, Trump told Fox News Sunday his options are wiping Iran out, letting it 'rot' economically, or cutting a deal, while separately saying he'd 'probably' meet Iranian President Masoud Pezeshkian at this week's UN General Assembly. Iran's top negotiator says Tehran has quietly sent conditions for reopening the Strait of Hormuz, even as gas hits $4.48 a gallon and Senate Republicans like Lisa Murkowski say voters are done waiting.

State Department Will Let Iran's Delegation Into New York for UN Meetings While the Two Countries Remain at War

The Trump administration says it will honor host-country obligations and admit Iran's official delegation to next week's UN General Assembly, even as Washington and Tehran remain in an active conflict Iran is trying to end through Qatar. Trump is scheduled to address the Assembly Tuesday on Iran's nuclear program, while Houthi missiles hit near Riyadh and outgoing UN chief António Guterres uses his farewell tour to call out both Washington and Moscow for what he calls a growing culture of impunity.

US Diesel Hits Record $6.05 a Gallon as Iran War Pushes Oil Past $100 a Barrel

Diesel prices have blown past $6 a gallon nationally, shattering the 2022 record, as the resumed US-Iran conflict and Ukrainian strikes on Russian refineries choke global fuel supply. Trump himself says prices probably won't come down until after the November midterms, and the pain is now hitting farmers from Tennessee to Brazil and reshaping shipping economics in Rotterdam.

CENTCOM Says US Forces Escorted 1 Billion Barrels Through Hormuz, Iran Calls the Claim a Lie

Six months into the Iran war, CENTCOM commander Adm. Brad Cooper says US forces have escorted over 1 billion barrels of crude and 2,000 vessels through the Strait of Hormuz while holding Iran's oil exports at zero. Iran's military spokesman calls that a fabricated psy-op, and outside data shows total Gulf export flow still running well below pre-war levels.

NORAD F-16 Intercepts Aircraft Over Camp David Hours Before Trump Cuts Retreat Short Amid Iran Standoff

A NORAD F-16 deployed flares Saturday morning to chase a small plane out of restricted airspace over Camp David while President Trump was staying there. Hours later, Trump left the retreat a full day early with no official explanation, as Iran publicly floated seven conditions to end the ongoing war and Houthi rebels fired a missile at Saudi Arabia. The two events happened the same day, but no source has tied them together.

Iran Sends Seven Conditions to End War With US, Says Trump Still Hasn't Responded

Since joint US-Israeli strikes hit Iran's nuclear and military sites on February 28, 2026, the war has run past six months with no ceasefire. Iran's security chief Mohsen Rezaei says Tehran sent seven conditions to Washington through Qatar, but Iran's own foreign ministry says Trump hasn't responded, while Houthi attacks on Saudi Arabia and a Riyadh strike this weekend show the war spreading, not shrinking.

Iran War Pushes Diesel to Record $6.40 a Gallon as Tanker Rates Top $1 Million a Day

Since the U.S. launched military operations against Iran on February 28, 2026, Hormuz traffic has cratered, Saudi's main bypass pipeline has been bombed, and oil tankers now cost over $1 million a day to hire. Energy giants are pouring billions into ships and floating LNG terminals to route around the chaos, while American drivers eat the bill at the pump.

Supertanker Rates Cross $1 Million a Day for the First Time as Iran War Grinds Into Its Seventh Month

Since the US-Iran war escalated in late February 2026, VLCC charter rates on the Persian Gulf-to-China route have rocketed from about $208,000 a day to more than $1.035 million a day this week, the first time that threshold has ever been crossed. Shipowners are cashing in while refiners, Asian importers, and American drivers eat the bill.

UN Panel Finds 'Reasonable Grounds' US Committed War Crimes in Iran War, Same Day Russia and China Veto Sanctions Monitoring

A UN fact-finding mission says there's evidence the US committed war crimes in strikes that killed over 150 civilians at a school and 22 more at a sports complex in Iran. Washington rejects the findings outright, while separately Russia and China vetoed a US push to keep independent monitors on Iran's sanctions. Both fights land right as diplomats scramble for an opening at next week's UN General Assembly.

Iran Sends War-Ending Terms to Washington Via Qatar as Trump Weighs Resuming Major Strikes

Iran's top security official says Tehran has passed three demands to Washington through Qatar to end the war, and is now waiting on President Trump. Trump says he's facing a 'big decision' on whether to resume large-scale strikes, with a decision expected after he meets six Gulf leaders at the UN this week, while Houthi missiles hit deep inside Saudi Arabia on Saturday.

U.S. Destroys Five More Iranian Oil Tankers, Bringing Two-Week Total to Eight, After New Missile Strikes on Navy Warships

The U.S. Navy destroyed five more Iranian oil tankers this week on top of three hit days earlier, after Iran's Revolutionary Guard fired ballistic missiles at a U.S. carrier strike group and struck American targets in Jordan again. Separately, the Wall Street Journal reports Chinese companies supplied satellite imagery Iran used to target the July strike that killed three U.S. troops, a claim Beijing denies. Iran says it will announce an exclusion zone near the Strait of Hormuz, and nobody has confirmed who fired an unidentified projectile at a vessel in the strait late Saturday.

Deep-Sea Robots Are Mapping Ocean Trash, Filming Record-Depth Fish, and Tracking Submarines Near Iran

Three separate deep-sea robot missions this year show how far underwater tech has come: an ROV mapped plastic litter nearly three miles down off Argentina, a lander filmed the deepest fish ever recorded alive in the Pacific, and a new Navy sensor picked up submarine drone activity near the Strait of Hormuz. Same technology, wildly different jobs.

Oil Tanker Rates Top $1 Million a Day as US-Iran War Chokes the Strait of Hormuz

Freight rates for tankers hauling crude out of the Persian Gulf hit a record $1.035 million a day this month as shippers avoid the Strait of Hormuz amid the ongoing US-Iran war, according to Baltic Exchange data cited by Bloomberg. Brent crude has cracked $100 a barrel, US gas hit $4.44 a gallon, and protests over fuel costs have broken out from Syria to Pakistan to Portugal.

Iran's Rial Collapses 25% in Three Weeks as Treasury Sanctions Bite, While Pentagon Watchdog Flags US Munitions Strain

Since Treasury's Aug. 24 'Economic Outcast' sanctions campaign, Iran's rial has lost more than a quarter of its value and thousands of workers have lost jobs, according to the Epoch Times and Iranian labor groups. Meanwhile a Pentagon inspector general report says the war effort has burned through more than $22 billion in munitions since February, raising questions about US weapons stockpiles for future conflicts.

Turkey Pulls Iran's Bank Mellat License in Istanbul as US Treasury Sanctions Pile Up on Tehran's Money Network

Turkey's banking regulator revoked the license of Iran's Bank Mellat in Istanbul on September 18, 2026, right as the US Treasury rolls out its widest sanctions push yet against Tehran's financial lifelines, hitting a Turkish bank and Russia's VTB in the same stretch. Turkey's own notice never mentions US pressure. Whether that's coincidence or quiet compliance is the open question nobody in Ankara is answering.

China's 1.4 Billion Barrel Oil Stockpile Is Cushioning Gas Prices During Trump's Iran War

Six months into Trump's war against Iran, oil prices haven't doubled like analysts warned. China's strategic petroleum reserve, built to protect Beijing from supply shocks, is also cushioning U.S. gas prices as a side effect.

Washington Post Reports Pentagon Undercounted US Iran War Deaths by Four, Hegseth Calls It a Lie

The Washington Post says at least 22, possibly 23, U.S. troops have died since the Iran war started, four more than the Pentagon's public tally of 18. Defense Secretary Pete Hegseth calls the report a complete lie, and the Pentagon still hasn't explained the gap.

Diesel Hits New Record Near $6.30 a Gallon as Iran War Collides With Harvest Season

Diesel prices have kept climbing since breaking a record at $5.85 a gallon on September 4, hitting roughly $6.29 to $6.40 a gallon by mid-September as the Iran war and Ukrainian strikes on Russian refineries choke global fuel supply. Farmers are eating the cost during peak harvest, wholesale inflation is accelerating, and the White House is betting voters will forgive the pain before November.

Iran Strikes Another Tanker as Shipping Rates Hit $1 Million a Day and China Presses Tehran on Hormuz

Since the U.S. and Israel opened fire on Iran February 28, the war has now pushed benchmark tanker rates past $1 million a day for the first time and added at least three more attacked ships this week, including one Iran claims to have hit Thursday night. China is quietly telling Tehran to rein in its Houthi allies because Beijing needs the oil moving, while Trump says he's still deciding whether to escalate.

JPMorgan Says It Can No Longer Forecast Oil Prices for the Iran War, Cites No Clear Endgame

JPMorgan's commodities desk told clients Thursday it has abandoned its baseline oil forecast for the first time since the Iran war began, after every economic redline the bank expected to force a deal got crossed without producing one. Treasury Secretary Scott Bessent says crude could crash to $40-50 once the war ends, while Trump told Axios Thursday he's still deciding whether to escalate or wind it down. Nobody, including the world's biggest bank, can tell you which one happens first.

Iran Rallies Hundreds of Thousands for War Training as US Midterm Voting Begins Under Shadow of the Same Conflict

Iran's government drew hundreds of thousands into the streets Friday to sign up for militia training, seven months into its war with the US and Israel, while claiming another tanker attack in the Strait of Hormuz. Half a world away, early voting for the US midterms kicked off with that same war listed as a top issue for American voters, alongside a fight over Trump's mail-voting order that the Supreme Court just killed.

Early Voting Opens in Virginia and Three Other States as Midterm Campaign Turns on Gas Prices and the Iran War

In-person early voting started Friday in Virginia, with absentee ballots also available in Idaho, Minnesota and South Dakota, kicking off the final six-week sprint to the November 3 midterms. Voters are weighing 7% mortgage rates, 3.4% annual inflation and a war in Iran now in its seventh month against a Republican-controlled Congress that's on the line. Polls show a close race, but recent primary upsets suggest a lot of voters haven't made up their minds yet.

Houthi Push Toward Red Sea Chokepoint Sends Oil Past $100 as China Presses Tehran on Yemen

Since Trump's February war against Iran's nuclear program spread instability across the Gulf, the Houthis have pushed toward the Bab el-Mandeb chokepoint and hit Saudi oil infrastructure, sending U.S. crude above $100 a barrel and diesel to a record $6.45 a gallon. Reuters reports, via anonymous sources, that Beijing has asked Tehran to rein in its Houthi proxies, a move driven by China's own dependence on Gulf oil, not goodwill toward Washington.

South Korea Tells Trump No: Won't Send Troops Into US-Iran War Over Hormuz

President Lee Jae Myung said Friday South Korea will not deploy military assets in any way that pulls it into the US-Iran war, even as Seoul weighs a limited role protecting its own ships and citizens. Trump has already punished Seoul by scaling back joint military drills, and Iran has threatened 'serious consequences' if South Korea's navy shows up near the Strait of Hormuz.

Oil Falls for a Third Straight Day to $104 as Saudi Arabia Restores Pipeline Capacity, Even as Iran Strikes a Tanker in Hormuz

Brent crude dropped to $104 a barrel Friday, its third consecutive daily decline, as Saudi Arabia rerouted crude through Oman and moved to restore half its damaged pipeline. But Iran's Revolutionary Guard struck a tanker in the Strait of Hormuz and Saudi Arabia traded fire with Yemen's Houthis, showing the war's supply risk hasn't gone away, it's just been priced down for now.

Trump Says He's Nearing a 'Big Decision' on Whether to Annihilate Iran's Regime

Six months after airstrikes began, Trump tells Axios he's facing a call on whether to unleash full-scale attacks on Iran, then tells Fox News the same day that Tehran wants a deal but isn't ready. Meanwhile Iran's Revolutionary Guard says it struck a tanker in the Strait of Hormuz, Russia and China blocked renewal of UN sanctions monitoring, and a North Carolina farmer who voted for Trump says he feels strung along.

World Economy Survived the Iran War Oil Shock. Now the Margin for Error Is Shrinking.

Seven months after U.S. and Israeli strikes on Iran triggered the largest disruption of global energy flows on record, the world economy is still standing, propped up by an AI investment boom, according to the New York Times and the World Economic Forum. But growth is concentrated in a handful of sectors, emerging-market confidence is near record lows, and a fight is brewing over whether foreign investors still trust U.S. debt.

Russia and China Veto UN Panel That Would Have Kept Tracking Iran Sanctions Violations

Russia and China killed a US-drafted resolution Thursday that would have extended UN expert monitoring of sanctions on Iran, with 11 members voting yes and only Pakistan and Somalia abstaining. The veto comes days after the IAEA referred Iran to the Security Council for nuclear safeguards breaches for the first time in 20 years, and as satellite images show Iran hardening tunnel entrances at its Pickaxe Mountain site.

Fed Raises Rates for First Time in Three Years as Iran War Pushes Oil and Yields Higher

The Federal Reserve hiked its benchmark rate a quarter point Wednesday, the first increase in three years, with Chair Kevin Warsh citing sticky inflation and Middle East risk. Ed Yardeni cut his S&P 500 target from 8,400 to 7,900 and now says two more hikes are possible this year, while Treasury Secretary Scott Bessent insists oil could crash to $40 once the Iran war ends.

UN Fact-Finding Mission Says US Likely Committed War Crimes in February Strikes That Killed 178 Iranian Civilians

The UN's Independent International Fact-Finding Mission on Iran says there are reasonable grounds to believe US forces committed war crimes in Tomahawk and precision-missile strikes on a school and sports complex on February 28. The Pentagon's own internal investigation, opened at the time, still hasn't produced public findings six months later, and the White House is calling the UN report 'unserious nonsense.'

Iranian-Linked Hackers Used Anthropic's Claude AI to Target U.S. Navy Ships, Company Says

Anthropic disclosed that an Iran-linked group used its Claude AI to compile open-source data and generate targeting recommendations against U.S. naval forces before the account was banned. Days later, Joint Chiefs Chairman Gen. Dan Caine told a defense conference that American troops must now assume they will be hunted by autonomous drones, while lawmakers heard warnings that AI is moving faster than humans can meaningfully supervise it.

Trump to Meet Six Gulf Leaders at UN Next Tuesday as Iran War Enters Eighth Month

President Trump will sit down with Gulf Cooperation Council leaders on the sidelines of the UN General Assembly next Tuesday to talk postwar strategy with Iran, according to Axios. The catch: Trump says the war is nearly over and Iran wants a deal, but CNBC reports ceasefire talks have actually stalled while Gulf states eat fresh missile and drone attacks.

Supreme Court Blocks Trump Mail Ballot Limits as Iran War Vote Splits Iowa Republicans Ahead of Midterms

With Election Day set for November 3, this week brought a Supreme Court loss for Trump on mail ballots, federal voter fraud charges against six Texas green card holders, and two Iowa Republicans breaking with Trump on the Iran war. Trump's approval sits at 33 percent, the lowest of his political career, and the House and Senate battle now runs through Pennsylvania, Michigan and North Carolina.

Pentagon Inspector General: Iran War Has Cost $3.7 Billion in Equipment, Nearly 60 Aircraft Lost or Damaged

A Pentagon inspector general report delivered to Congress this week put a dollar figure on the Iran war's toll for the first time: $3.7 billion in equipment losses and nearly 60 aircraft. New photos obtained by CBS News show U.S. bases in Saudi Arabia and Kuwait gutted by Iranian strikes that CENTCOM never disclosed publicly.

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