Following business and economy news from the Middle East

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Last update: 8 hours ago

Iran–US Tension Clock: Trump says he was “an hour away” from striking Iran, then paused again, giving Tehran “two or three days… maybe Friday” to reach a deal—while warning the US may hit again if talks fail. Hormuz Pressure & Energy Shock: Iran says it will keep asserting control over the Strait of Hormuz and is moving to manage traffic via routes and fees, as markets stay jumpy and oil remains a key driver of inflation fears. G7 Finance Push: G7 ministers in Paris agreed the situation is unsustainable and called for a swift reopening of Hormuz, plus action on trade imbalances, but offered few concrete steps. UAE Security Spotlight: A drone strike near the UAE’s Barakah nuclear plant has reignited debate over how Gulf infrastructure is becoming geopolitical signaling. ICC Escalation: The ICC seeks an arrest warrant for Israeli finance minister Smotrich over forced displacement and genocidal remarks, as he vows retaliation. Regional Fallout: Iran reopened its stock exchange after an 80-day wartime shutdown; in Sudan, a drone attack on a market killed 28.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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Developing Economies Bear The Brunt Of Middle East Conflict As Growth Slows And Inflation Rises, UN Warns

Developing Economies Bear The Brunt Of Middle East Conflict As Growth Slows And Inflation Rises, UN Warns

Iran-US war live: Trump says he was ‘an hour away’ from launching strikes on Tehran

Iran-US war live: Trump says he was ‘an hour away’ from launching strikes on Tehran


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