On March 19, an individual rides a bicycle by the Bank of England in central London. Henry Nicholls/AFP/Getty Images The European Central Bank has maintained its primary interest rate at 2%, but cautioned that inflation may increase and economic growth…

Defense Secretary Pete Hegseth is seated alongside Joint Chiefs Chairman General Dan Caine at a House Armed Services Committee hearing in Washington, on Tuesday. Kylie Cooper/Reuters US Defense Secretary Pete Hegseth and Chairman of the Joint Chiefs Gen. Dan Caine…

As the world focuses on the crucial Strait of Hormuz, Pakistan has launched six land transit routes for goods heading to Iran. On April 25, the Ministry of Commerce announced the Transit of Goods through Territory of Pakistan Order 2026,…

A picture captured from southern Lebanon’s Marjeyoun displays the smoke remnants of Israeli artillery fire on Thursday. AFP/Getty Images According to Lebanese authorities and state media, a new series of Israeli airstrikes in southern Lebanon resulted in the deaths of…

Iran’s Supreme Leader Mojtaba Khamenei stated that “foreign players” belong nowhere in the Persian Gulf other than “the depths of its waters” during the ongoing tension with the US, as reported by state media. Over seven weeks since he was…

Gas prices are shown at a Brooklyn gas station in New York City on Tuesday. Spencer Platt/Getty Images Oil prices are declining today after temporarily rising above $126 a barrel, marking a four-year peak, as traders express concerns about an…

US gas prices rose by 7 cents to $4.30 for a gallon of regular, marking the largest single-day increase in prices over the past six weeks. Gas prices have reached their peak since July 2022, as reported by AAA data.…

Fatih Birol, the executive director of the International Energy Agency, participates in a press conference at the IEA in Paris, France, on Thursday. Ludovic Marin/AFP/Getty Images The world’s top energy economist stated Thursday that the global economy has been thrust…

The strategic importance of the Strait of Hormuz is well established. With the strait still effectively closed today, Iran’s government aims to showcase the nation’s longstanding dominance over the vital waterway during its observance of Persian Gulf Day. Held annually…

Iranian President Masoud Pezeshkian, pictured on September 25, 2025, stated that the waterway represented “a symbol of the resilient great Iranian nation.” John Lamparski / Getty Images Iran’s President Masoud Pezeshkian cautioned that any effort to hinder Iranian ports is…