The IMF has slashed its 2026 global growth forecast as the U.S.-Iran conflict disrupts trade. With inflation projected to hit 4.4%, the world faces a high-stakes economic slowdown.

In a bold move, the sanctioned tanker Rich Starry has successfully crossed the Strait of Hormuz. With the Murlikishan close behind, Washington’s maritime restrictions face a major credibility test.

PM Giorgia Meloni confirms the suspension of Italy's defense agreement with Israel, citing the "current situation"

VP JD Vance outlines a bold diplomatic pivot, offering Tehran economic strength in exchange for a permanent end to its nuclear ambitions following 20 hours of intense talks.

A dire new report from the UNDP warns that the ongoing conflict and the disruption of the Strait of Hormuz could push 32.5 million people below the poverty line. Energy-importing nations in Africa and Asia are expected to bear the brunt of the economic shock.