Finance News
By James Thorp
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US forces began combat operations. President Donald Trump said Saturday morning that American military units started major operations inside Iran, coming right after Israel hit…
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The move ramps up tensions that were already pretty wild in the region. Israel fired missiles at what sources called "strategic sites" across Iran, and now the US jumped in with…
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Pentagon brass confirmed the operations.
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US military officials said American forces are now hitting multiple Iranian military targets, but they won't say much about specifics.
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Iran's leadership fired back hard, calling the attacks illegal and promising to hit back. Iranian officials reached out to allies asking them to condemn what they're calling…
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The UN Security Council's scrambling to set up an emergency meeting. Secretary-General António Guterres called for "immediate de-escalation" and said the organization is…
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European allies are split on supporting the US move. Some countries like France and Germany are pushing for restraint, while others are backing the American and Israeli actions.
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Oil prices jumped immediately after Trump's announcement. Crude spiked about 8% in early trading, and analysts think it could go higher if the fighting continues.
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Diplomatic talks seem pretty much dead right now. There's no word about any back-channel communications between Washington and Tehran, which probably means this thing could drag…
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The White House didn't give many details beyond Trump's initial statement. Press Secretary Karine Jean-Pierre said more information would come "when operationally appropriate,"…
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Morgan Stanley analysts are warning about currency market chaos when trading opens Monday. They think the dollar could see big swings against the euro and yen, with spillover…
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Secretary of State Mike Pompeo's flying to Brussels next week to meet with NATO allies. The agenda's focused on getting European support for whatever comes next in the Middle East.
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Iran's Revolutionary Guard went on high alert after the attacks started. Reports from Tehran say military units are mobilizing across the country, with commanders telling troops…
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Humanitarian groups are freaking out about civilian casualties. The International Red Cross put out a statement urging all sides to follow international humanitarian laws and…
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Airlines started changing flight paths to avoid Iranian airspace. British Airways and Lufthansa both announced route adjustments after the FAA warned about risks to commercial…
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