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ECONOMY

War on Iran hits back: JPMorgan can’t predict oil prices after US crossed ‘red lines’

Oil analysts of the American investment bank, JPMorgan Chase & Co., have given up predicting crude prices as they are unsure about how long the US-imposed war on Iran will last.

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IN-DEPTH

Skyrocketing US inflation

The US war on Iran continues to backfire on its own economy, creating massive pain for the average American, forcing the Fed to increase interest rates.

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POLITICS

World losing faith in US financial system says Araghchi amid US debt meltdown

The Iranian foreign minister says US efforts to weaken Iran’s economy left the Treasury secretary powerless and exposed.

Araghchi

POLITICS

Qalibaf: Bessent on the brink as oil reserves fall and bond yields surge

Iranian Parliament Speaker Mohammad Baqer Qalibaf warns US Treasury Secretary Scott Bessent that rapidly declining strategic oil reserves.

Qalibaf

POLITICS

Iran's vice president warns of 'dark months' for US economy amid war

Aref declared that the recent wave of US military attacks on Iranian soil has permanently altered Tehran's security equations.

Iran’s First Vice President Mohammad Reza Aref. (Photo: File)

POLITICS

US Democratic senator slams Trump, oil giants for ‘crazy’ profits over war on Iran

A US Democratic senator slams President Donald Trump and his “oil buddies” for profiteering in the war on Iran.

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FOREIGN POLICY

Trump: US made deal with Venezuela to control 65 billion barrels of its oil

US President Donald Trump says his administration made a deal with Venezuela to control 65 billion barrels of its oil.

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