China’s role in Iran crisis tested as U.S. blockade of Strait of Hormuz takes effect U.S. blockade of Iranian shipping through the Strait of Hormuz, effective April 13, 2026, puts …
Iran
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Business
Iran war drives global pistachio shortage and hikes Dubai chocolate prices
by Leo Müllerby Leo MüllerIran conflict triggers global pistachio crisis, pushing prices for luxury confections Iran’s conflict disrupts pistachio exports, triggering a global pistachio crisis that raises prices and benefits California growers while squeezing …
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Business
IMF warns war in Iran will slow global growth and lift inflation
by Leo Müllerby Leo MüllerIMF Says War in Iran Dampens Global Growth and Raises Inflation Risks IMF warns the war in Iran will dent global growth and raise inflation risks, with energy shocks hitting …
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World
YouTube suspends Explosive Media Lego-style AI channel as Iran condemns ban
by anna walterby anna walterYouTube ban on Explosive Media draws sharp condemnation from Iran over Lego‑style AI videos YouTube ban on pro‑Iran channel Explosive Media prompted an Iranian Foreign Ministry protest after the group’s …
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Politics
European Commission Relaxes State Aid Rules to Offset Iran War Energy Costs
by Hans Ottoby Hans OttoEU Loosens State Aid Rules to Help Firms Shielded from Cost Surge after Iran Conflict EU to relax state aid rules temporarily, letting governments offset fuel, fertilizer and electricity cost …
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World
Trump insists Iran seeks peace only if it renounces nuclear development
by anna walterby anna walterTrump Says Iran Wants Peace Deal but Nuclear Pledge Remains Non-Starter Trump says Iran wants peace deal after Islamabad talks stalled; he says any framework depends on Tehran publicly pledging …
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Politics
German coalition announces levies to stabilise statutory health insurance amid Iran conflict
by Hans Ottoby Hans OttoGermany energy relief measures reshaped as coalition adds health levies and delays transport reforms Germany’s energy relief measures are now being reallocated amid renewed Gulf tensions, with the coalition on …
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World
Iran rejects US demands and warns of escalation after Islamabad talks
by anna walterby anna walterIran says US failed to gain trust at Islamabad talks as tensions rise over Strait of Hormuz Iran says the US failed to secure trust at Iran-US talks in Islamabad; …
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US-Iran ceasefire hangs on shipping, pressure on Tehran and allied unity A fragile US-Iran ceasefire that followed the first direct talks in more than a decade faces immediate tests over …
