US-Iran war

G7 nations absorb $16B in added debt costs from Iran war

Six months into the US-Iran war, the economic aftershocks are rippling across global markets. Crude oil prices remain more than 20 percent above pre-war levels, bond yields across the G7 have climbed to multi-decade highs, and analysts are warning that…

Fujairah bunker fuel sales halve as Iran war chokes Gulf shipping

Bunker fuel sales at the United Arab Emirates' Fujairah port more than halved in the first half of 2026 compared with the same period a year earlier, as the US-Iran conflict choked shipping activity near the Strait of Hormuz and…