Tag - iran

 
 

IRAN

A passenger aircraft operated by Deutsche Lufthansa in Frankfurt, Germany, on April 13. The airline group — Europe’s largest — said it’s scrapping 20,000 uneconomic short-haul flights in the region this summer.
BUSINESS / Markets
May 13, 2026
How a jet fuel supply crunch threatens summer flights
Faced with higher fuel costs and lower supply, airlines have axed thousands of flights, grounded less-efficient aircraft and raised airfares.
Commuters drive past an anti-U.S. billboard referring to President Donald Trump and the Strait of Hormuz, installed on a building at the Valiasr Square in Tehran on May 10.
WORLD / Politics
May 13, 2026
Iran says U.S. must accept its peace plan or face ‘failure’
The war has spread throughout the Middle East and roiled the global economy despite the ceasefire, impacting hundreds of millions worldwide.
A Saudi fighter jet accompanies Air Force One, carrying U.S. President Donald Trump, on approach to the King Khalid International Airport in Riyadh on May 13, 2025.
WORLD
May 13, 2026
Saudi Arabia launched covert attacks on Iran as regional war widened, sources say
The attacks mark the first time that Riyadh is known to have directly carried out military action on Iranian soil and show it is becoming much bolder in defending itself.
The first shipment of Central Asian oil arrived in Japan as the country seeks to diversify supply sources amid the effective closure of the Strait of Hormuz due to the war in Iran, according to the industry ministry.
BUSINESS
May 12, 2026
Crude oil from Azerbaijan arrives in Japan
Japan received the shipment of U.S. oil in late April and Russian oil earlier this month.
U.S. President Donald Trump meets Chinese leader Xi Jinping during bilateral talks on the sidelines of the Asia-Pacific Economic Cooperation summit in Busan, South Korea, in October.
COMMENTARY / World
May 12, 2026
Why the Trump-Xi summit will be underwhelming
The best-case scenario for the Trump-Xi summit might be that the two leaders agree to disagree on the many fundamental challenges in the U.S.-China relationship.
A tugboat guides the crude oil tanker Odessa, carrying UAE crude, after passing through the Strait of Hormuz this month.
COMMENTARY / World
May 12, 2026
Is the global financial system making the Hormuz shock worse?
The system is functioning as designed. It was built for a world of episodic shocks and orderly recoveries, not one characterized by persistent, overlapping sources of disruption.
Gov. Kazuo Ueda’s board at the Bank of Japan voted 6-3 on April 28 to hold policy settings unchanged, an unusually divided outcome that pointed to momentum building for a rate increase when authorities next set policy on June 16.
BUSINESS / Economy
May 12, 2026
BOJ signals possible June rate hike amid inflation risks from Mideast war
Opinions documented in a summary of the central bank’s April meeting noted inflation risks and the need to raise rates even if the U.S.-Israeli war on Iran continues.
An Israeli airstrike that targeted the village of Zawtar al-Gharbiyeh on Monday. Conflict and violence were responsible for 32.3 million people newly fleeing within their own countries last year, the Internal Displacement Monitoring Centre and the Norwegian Refugee Council said Tuesday.
WORLD
May 12, 2026
Conflict created more internal displacement than disasters last year: monitors
With new wars underway this year adding to numerous entrenched conflicts around the world, more displacement driven by violence can be expected.
An Iranian woman walks past an anti-Israeli mural on a street in Tehran on Monday.
WORLD / Politics
May 12, 2026
Trump says Iran ceasefire is ‘on life support’ as hopes for a deal fade
Disruptions in the Strait of Hormuz have forced oil ​producers to cut exports, and OPEC output dropped to the lowest in more than two decades.
Global stocks surged last week, pushing the S&P 500 and Nasdaq 100 to fresh records.
BUSINESS / Markets
May 11, 2026
Momentum-obsessed traders seek clues on Iran truce
Trump labeled Iran’s latest response to his proposal to end the 10-week conflict with the U.S. as unacceptable.
An undated handout photo provided by the Narges Mohammadi Foundation in 2023 of the Iranian rights campaigner
WORLD / Politics
May 11, 2026
Iranian Nobel Prize winner released on bail for medical treatment, supporters say
Narges Mohammadi suffered two suspected heart attacks while behind bars in Zanjan, northern Iran.
Dumplings at Hung Ming-he’s food stall at the Xizhou Public Market, one of the oldest traditional food markets in Taipei, on April 8.
ASIA PACIFIC
May 11, 2026
Taiwan’s plastic habit collides with shortages caused by a faraway war
Some producers have turned to the U.S., while others have sourced plastic goods from China, where many Taiwanese manufacturers have long-standing relationships.
Israeli Prime Minister Benjamin Netanyahu speaks at the AIPAC policy conference in Washington in 2018.
WORLD
May 11, 2026
Iran uranium stockpile must be gone before war over, Netanyahu says
Pressed on whether there are military options to seize the hidden uranium, Netanyahu said he would not discuss such possibilities — or a timetable.
A man passes a mural on a wall in Tehran after U.S. President Donald Trump said that he had agreed to a two-week ceasefire with Iran, on April 8.
COMMENTARY / World
May 11, 2026
If Iran agrees to everything, was the war worth it?
The strongest argument against the reported U.S. proposal is that it would leave Iran controlling the Strait of Hormuz.
U.S. President Donald Trump at the White House in Washington, on Sunday. He swiftly dismissed Iran's response to a U.S. peace proposal in a post on social media.
WORLD / Politics
May 11, 2026
Trump rejects ‘unacceptable’ Iran response to peace plan, causing oil prices to surge
Days after the U.S. floated an offer in the hopes of reopening negotiations, Iran has released a response focused on ending the war on all fronts.
The Solaris liquefied natural gas tanker sails near the Himeji LNG terminal in Himeji, Hyogo Prefecture, on April 22.
JAPAN
May 10, 2026
Japan diversifying shipping routes for Middle East oil
Japan is also trying to diversify oil procurement sources, looking at the United States and Russia, as the Middle East situation remains unstable.
A member of NOPO, Iran’s counter-terrorism special force, stands guard under a billboard of Iran’s late supreme leader, Ayatollah Ali Khamenei, in Tehran, on April 23.
WORLD
May 10, 2026
Drone strikes ship near Qatar; South Korea reports attack on one of its vessels
The United Kingdom Maritime Trade Operations center had earlier said a bulk carrier reported being hit 23 nautical miles northeast of Doha by an “unknown projectile“.
U.S. President Donald Trump arrives to speak about the Iran war at the White House last month.
WORLD / Politics / ANALYSIS
May 9, 2026
Trump’s feuds and tensions with allies likely to outlast Iran war
Allies from Europe to the Middle East to the Indo-Pacific are once again fearful that the U.S. might be unreliable in a future crisis.
Oil storage tanks in China. Days after the Strait of Hormuz was closed, China banned oil-product exports, squeezing Asian countries that rely on its refineries for jet fuel, gasoline and diesel.
ASIA PACIFIC / Politics
May 9, 2026
War and energy shortages boost China’s influence in Asia
The Iran war has deepened China’s influence with its fuel-starved neighbors, allowing it to deal from a position of strength.
The USS Rafael Peralta guided-missile destroyer implements a maritime blockade against the Iran-flagged crude oil tanker vessel Stream while the latter was attempting to sail toward an Iranian port on April 26.
WORLD
May 9, 2026
U.S. attack on Iran tankers sparks reprisals as deal hangs in balance
Iranian officials accused the United States of violating the ceasefire with the tanker strikes and hampering diplomatic efforts to end the conflict.

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