U.S. says Hormuz blockade ‘fully implemented,’ while signaling diplomatic off-ramp for Iran
[ad_1] ANKARA, TURKIYE – APRIL 14: An infographic titled “US warships around the Strait of Hormuz” created in Ankara, Turkiye on April 14, 2026. (Photo by Yasin Demirci/Anadolu via Getty Images) Anadolu | Anadolu | Getty Images The U.S. blockade of Iranian ports is now fully into effect, “completely” cutting off Tehran’s international sea trade […]
Carney is suspending Canada’s fuel excise tax for nearly 5 months – National | Globalnews.ca
[ad_1] Descrease article font size Increase article font size Prime Minister Mark Carney has announced a temporary suspension of the federal fuel excise tax starting next week until Labour Day. The announcement comes hours after Carney secured a majority government through Monday’s three byelections. “We’re also removing the fuel excise tax on aviation fuels. This […]
Saudis beg Trump to end Hormuz blockade as Iran threatens SECOND strait dubbed the ‘Gate of Tears’
[ad_1] Saudi Arabia has warned Donald Trump that Iran may shut down the Middle East’s remaining oil routes in retaliation for his naval blockade of the Strait of Hormuz. Riyadh fears Tehran could deploy its Houthi proxy in Yemen to disrupt the Bab al-Mandeb Strait, a critical artery carrying 10 percent of global trade between Asia […]
Donald Trump’s Iran War Will Damage UK Economy More Than Any Other Major Country
[ad_1] Donald Trump’s decision to go to war with Iran will damage the UK’s economy more than any other major country, experts have warned. The International Monetary Fund (IMF) said Britain’s gross domestic product (GDP) will grow by just 0.8% in 2026, 0.5% down on their last forecast in January. That is the biggest downgrade […]
Iran war will hit UK growth the hardest of any rich economies, IMF says
[ad_1] The U.K. will suffer the biggest hit to growth of all of the world’s richest economies because of the Iran war, the International Monetary Fund warned on Tuesday. In its latest World Economic Outlook, the IMF projected that the U.K. economy will now grow by just 0.8% in 2026, down from 2025’s 1.3% projection. […]
Rachel Reeves Slams Trump Over ‘Folly’ Of Iran War
[ad_1] Rachel Reeves has slammed Donald Trump over the “folly” of starting a war against Iran as the division between the UK and the US deepens. The chancellor told the Mirror newspaper she feels “very frustrated and angry” over the conflict, which continues to push energy bills up in the UK. Reeves said: “This is […]
BlackRock raises view on U.S. stocks on belief that war is over, profits are up
[ad_1] A sign is posted on the exterior of a BlackRock office on Jan. 15, 2026 in San Francisco, California. Justin Sullivan | Getty Images Asset management giant BlackRock raised its outlook for U.S. stocks, reasoning that contained impacts from the Iran war and strong corporate earnings will create a favorable backdrop for domestic equities. […]
Trump warns China of ‘big problems’ over Iran weapons as Xi summit nears
[ad_1] NEWYou can now listen to Fox News articles! President Donald Trump warned China it would face “big problems” if it supplies air defense systems to Tehran as Iran remains locked in a conflict with the United States and Israel. “If China does that, China is gonna have big problems, OK?” Trump told reporters Saturday. […]
LVMH sales miss expectations as luxury recovery is put on pause amid Middle East war
[ad_1] A Louis Vuitton bag is displayed at the LVMH Moet Hennessy Louis Vuitton stand during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 12, 2025. Benoit Tessier | Reuters Luxury conglomerate and industry bellwether LVMH reported quarterly sales that missed expectations on Monday […]
U.S. begins blockade in Strait of Hormuz; Trump warns Iran ‘attack ships’ to stay away
[ad_1] A smartphone displays the MarineTraffic app showing numerous ship beacons near the Strait of Hormuz with a satellite view in the background, in Creteil, France, on April 8, 2026. Samuel Boivin | Nurphoto | Getty Images The U.S. on Monday said it began blocking ships from entering or exiting Iranian ports in the Strait […]