Iran war | DD News

May 11, 2026 7:11 PM

Iran war raises stakes for US and China ahead of Trump–Xi talks

The Iran war has strained U.S.–Chinese ties further and looks set to dominate the May 14 to 15 summit between U.S. President Donald Trump and his Chinese counterpart and host in Beijing. Below are the key issues at stake for Washington and Beijing as the U.S.-Israeli war with Iran reshapes calculations in their broader relationship: IRAN CEASEFIRE TALKS U.S. Treasury Secretary Scott Bessent has said that the two presidents will discuss the Iran war, and urged China to "join us in this int...

May 8, 2026 2:28 PM

Southeast Asian leaders seek strategy to ease impacts of Iran war

Southeast Asian leaders at a summit on Friday stressed an urgent need to coordinate their response to the impacts of the Middle East crisis, as they aim to ease pressure from an energy shock that has rattled their oil import-reliant economies. Meeting on the Philippine island of Cebu, leaders of the Association of Southeast Asian Nations called for a harmonised strategy to ensure energy and food security and head off future crises in a region particularly exposed to a nearly 70-day blockade of ...

May 2, 2026 10:39 AM

Trump says he’s dissatisfied with Iranian proposal as rift with allies deepens

U.S. President Donald Trump said on Friday he was not satisfied with the latest Iranian proposal for talks on the Iran war, while Iran's foreign minister said Tehran was ready for diplomacy if the United States changes its approach. Trump's comments indicated the deadlock over the two-month-old war is likely to persist, even as he looks to end a conflict that remains deeply unpopular among Americans. Meanwhile, U.S. relations with its traditional allies were further strained over Iran on Frida...

April 30, 2026 11:47 AM

Putin puts forward ideas on Iran in call with Trump, Kremlin says

Vladimir Putin and Donald Trump held a phone call on Wednesday in which the Russian leader put forward ideas on resolving the conflict over Iran's nuclear programme, a Kremlin aide said. Putin also proposed a repeat of a temporary ceasefire in Ukraine to mark the anniversary of the end of World War Two next month, the aide said. Putin announced a similar truce last year which lasted three days but was not agreed with Kyiv. The phone call was the first publicly announced conversation between th...

April 29, 2026 3:27 PM

UAE Exits OPEC: What It Means for the World & India

The United Arab Emirates has announced it will exit the Organization of the Petroleum Exporting Countries and the broader OPEC+ alliance, with the decision taking effect from May 1, 2026. The move follows a comprehensive review of national production policy, capacity, and long-term economic priorities. Authorities say the decision reflects the country’s evolving energy profile and its aim to enhance flexibility in responding to global market dynamics. To understand why the UAE has walked away...

April 28, 2026 10:34 AM

King Charles arrives in US for state visit amid differences over Iran war

Britain's King Charles and Queen Camilla arrived in the United States on Monday for a four-day trip, welcomed by self-proclaimed royal fan Donald Trump even as the U.S. president has differed with the British government over the Iran war. The state visit, by far the most high-profile and consequential of Charles' reign, marks the 250th anniversary of the U.S. Declaration of Independence from British rule, and is the first to the country by a British monarch in two decades. After landing at Joi...

April 23, 2026 5:06 PM

Iran war impact seeps ever deeper into global economy

The global economy is facing ever more tangible strains from the energy shock triggered by the Iran war as factories grapple with soaring production costs and activity weakens even in services sectors, major surveys showed on Thursday. While much of the world's economy has shown resilience in the face of the worst disruption to energy supplies in modern times, the knock-on effects of the near-two-month conflict are starting to push up inflation while raising alarm bells about food supplies and ...

April 23, 2026 4:26 PM

Iran war pushing more than 30 million back into poverty, UN development chief says

More than 30 million people will be pushed back into poverty by the impacts of the Iran war including disruptions to fuel and fertiliser supplies just as farmers are planting crops, U.N. development chief Alexander De Croo said on Thursday. Fertiliser shortages - worsened by the blocking of cargo vessels through the Strait of Hormuz - have already lowered agricultural productivity, the Administrator of the United Nations Development Programme (UNDP) told Reuters. That would likely hit crop yie...

April 23, 2026 4:01 PM

Global shares stumble as war worries drive oil back above $100

Renewed worries about the Iran war and the Strait of Hormuz drove oil back toward $105 a barrel on Thursday, prompting a fall back in global share and bond prices and gains for the dollar. Concerns had returned after Iran on Wednesday seized two ships trying to exit the Strait, leaving investors wondering if the fragile ceasefire with the U.S. that has allowed markets to rebound in recent weeks will be able to hold. Europe's main bourses fell between 0.2%-0.8% in early trading, leaving MSCI's ...

April 23, 2026 12:58 PM

From paint to flights, Iran war lifts costs, darkens outlooks

Companies from consumer goods to travel and mining warned on Wednesday that the U.S.-Israeli war with Iran is driving up costs, disrupting supply chains and hurting consumer confidence, clouding financial outlooks. The cautious tone in the earnings season highlights the pressure on businesses already hit by U.S. tariffs, higher input costs and weak demand before the conflict erupted in late February. While some companies stuck to their full-year forecasts, executives flagged rising transport a...