U.S. | DD News

May 22, 2026 12:43 PM

Pakistan seeks breakthrough in US-Iran peace talks

Iran's foreign minister met his Pakistani counterpart on Friday to discuss proposals to end the U.S.-Israeli war, Iranian media reported, with Tehran and Washington still at odds over Tehran's uranium stockpile and controls on the Strait of Hormuz. Two days after presenting the Iranians with the latest U.S. message in the negotiations, Pakistani Interior Minister Syed Mohsin Naqvi held another round of talks with Iranian Foreign Minister Abbas Araqchi in Tehran, the semi-official Tasnim news ag...

May 21, 2026 3:39 PM

Europe’s economy hit hard as energy price shock stifles demand

Economic activity in the euro zone shrank at its sharpest rate in more than two-and-a-half years in May as a war-driven surge in living costs hammered demand for services across Europe and firms accelerated layoffs, surveys showed on Thursday. S&P Global's Flash Euro Zone Composite Purchasing Managers' Index fell to 47.5 in May from 48.8 in April- its lowest since October 2023 — and below a Reuters poll forecast which predicted no change. The reading marked the second consecutive month of...

May 18, 2026 10:15 AM

UAE and Saudi Arabia report drone incidents as Iran war deadlock drags on

A drone strike caused a fire at a nuclear power plant in the United Arab Emirates, officials there said on Sunday, while Saudi Arabia reported intercepting three drones, as U.S. President Donald Trump warned that Iran must act "fast" after efforts to end the U.S.-Israeli war with Iran appeared to have stalled. Emirati officials said they were investigating the source of the strike and that the UAE had the full right to respond to such "terrorist attacks." A diplomatic adviser to the UAE preside...

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...

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...

April 2, 2026 9:24 AM

Global Stocks sink, oil surges as Trump vows to keep hitting Iran

Global markets recoiled on Thursday as war jitters over Iran deepened, with stocks sliding, oil surging and the dollar firming after U.S. President Donald Trump dashed hopes for clarity on when the Middle East conflict might end. Trump said in a prime-time address that the U.S. would hit Iran "extremely hard" within weeks, claiming military goals were nearly achieved and the conflict was close to ending. The front-month Brent contract for June jumped about 5% to $106.16 per barrel after invest...

March 20, 2026 9:35 AM

Israel launches new wave of attacks on Iran as crisis deepens

Israel launched a fresh wave of attacks on Iran on Friday, a day after President Donald Trump told it not to repeat its strikes on Iranian natural gas infrastructure, which sharply escalated the U.S.-Israeli war on Iran. The conflict has killed thousands of people, spread to neighbouring nations and hit the global economy since the United States and Israel launched strikes on February 28, after talks about Tehran's nuclear program failed to yield a deal. "The IDF has just begun a wave of strik...

March 19, 2026 10:57 AM

Trump vows no more attacks by Israel on Iran gas field after it ‘violently lashed out’

U.S. President Donald Trump said an angry Israel "violently lashed out" and attacked Iran's major gas field, a significant escalation in the U.S.-Israeli war, but ruled out further such attacks by Israel unless Iran retaliated. Wednesday's attack on the huge South Pars gas field drove oil prices higher and prompted a threat by Iran to attack oil and gas targets across the Gulf, while it fired missiles at Qatar and Saudi Arabia. The escalation heightens the unprecedented disruption of global en...

March 11, 2026 9:40 AM

Global shares steady, oil turbulence deepens as Middle East war roils markets

Global shares steadied on Wednesday following a brief retreat in oil prices, but markets remained anxious as contradictory signals from the U.S.-Israeli war on Iran left investors struggling to gauge its impact on global inflation and growth. A short-lived pullback in oil came after the Wall Street Journal reported that the International Energy Agency has proposed the largest release of oil reserves in its history to bring down crude prices, providing some relief to battered global stocks while...

March 9, 2026 11:34 AM

Iran defies Trump, elevates Khamenei’s son Mojtaba as successor

Iran's clerical leadership chose confrontation over compromise in appointing Mojtaba Khamenei to succeed his father, Ali Khamenei, a move regional officials say is a direct rebuke to U.S. President Donald Trump, who had declared the son "unacceptable". Supreme Leader Ayatollah Ali Khamenei was killed in a U.S.-Israeli strike at the start of the conflict, now in its second week. The appointment of Mojtaba as his successor by the Assembly of Experts locks hardliners firmly in control in Tehran -...