Iran war news
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Economic fallout
Iran war’s economic hit may linger through 2026, economists say
Oil and gas prices have jumped since the conflict began, raising costs for drivers, travelers and households even if fighting eases soon
Treasury
Bessent defends potential dollar swap lines for Gulf and Asian allies
The Treasury secretary cast the discussions as routine as the Trump administration weighs financial backstops sought by partners during the Iran war
Gulf crisis and markets
Europe eyes Hormuz role but remains sidelined as Strait swings shut again and markets wobble
A British-French security plan would give Europe a stake, but decisions by Tehran and Washington continue to drive events while investors whipsaw ahead of a cease-fire deadline
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