Stories tagged “Middle East Crisis.”
4 stories
Government borrowing costs in several advanced economies hit their highest level since the 2008 financial crisis, as investors feared the Middle East crisis would keep inflation persistently high.
The US has carried out strikes across Iran in response to Tehran's targeting of American bases in the region. Iran has pushed back on a report that it rejected a US ceasefire proposal sent via Iraq, calling it 'completely diversionary and misleading'.
The US military completed its 11th night of strikes on Iran, including on aircraft hangars and drone storage sites, as the renewed conflict continues to undermine diplomatic efforts to salvage an interim ceasefire deal.
US strikes on Iran overnight hit an airport, a railway station, and two bridges, according to Iranian state media. American forces boarded a ship to enforce a renewed blockade of Iranian ports.