The Iran war has shaken financial markets. See the impact of the conflict, in five charts

The Iran war has shaken financial markets. See the impact of the conflict, in five charts

Your support helps us tell the story From reproductive rights to climate change to Big Tech, The Independent is breaking new ground as the story unfolds. Whether it’s investigating the finances of Elon Musk’s pro-Trump PAC or producing our latest film, ‘The A Word’, which shines a light on American women fighting for reproductive rights, … Read more

Iran’s currency is rising even further as consumer prices rise

The Iranian military uses schools and public spaces during the US-Israel conflict

The 33-page document shared with Iran International by the hacktivist group Edalat-e Ali (Justice of Ali) is marked “top secret” and named. Guidelines for Identifying, Monitoring, and Using Standards. This document is linked to the Special Intelligence Documentation Center and Deputy Operations of the IRGC missile command. Missile operation plan What emerges from this order … Read more

Hiring recently hit unprecedented levels as economy ‘virtually shut down’ during COVID, top economist says | Good luck

Hiring recently hit unprecedented levels as economy 'virtually shut down' during COVID, top economist says | Good luck

The Bureau of Labor Statistics reported Tuesday that the hiring rate fell to 3.1% in February, with just 4.8 million new hires, the lowest since April 2020. Job openings fell to 6.9 million, down 358,000 from January. The unemployment rate was lower at 1.9%, while the unemployment rate remained at 1.1%, and the number of … Read more

Gas is over $4 and diesel is over $5. How an extended war with Iran could raise prices.

Gas is over $4 and diesel is over $5. How an extended war with Iran could raise prices.

Oil and gas prices are rising as the Strait of Hormuz remains largely closed due to the Iran conflict, raising concerns at home about the cost of fuel at the pump. The national average for gas prices rose this week to more than $4 a gallon, and diesel prices hit $5 a gallon — the … Read more

Your holiday can earn an extra 8% – even if it’s already paid for

Your holiday can earn an extra 8% - even if it's already paid for

UK holidaymakers face being hit with hundreds of pounds in hidden travel costs this summer due to the ongoing oil crisis in the Middle East. Holiday package providers are legally allowed to charge up to 8 per cent of the total cost of the trip in case of fuel surcharges or taxes, even after the … Read more

Here’s what could make Iran’s oil war an “economic disaster” – The Nation | Globalnews.ca

Here's what could make Iran's oil war an "economic disaster" - The Nation | Globalnews.ca

Americans woke up to higher gas prices on Tuesday, and some experts warned that the global oil crisis could worsen as Yemen’s Houthi rebels join the war against Iran. On Tuesday morning, the average price of gas in the US was US $ 4.018 per gallon, according to AAA, which tracks gas prices nationwide. According … Read more

Markets cheer as Trump threatens to abandon Strait of Hormuz, leaving oil market in turmoil | Good luck

Markets cheer as Trump threatens to abandon Strait of Hormuz, leaving oil market in turmoil | Good luck

The stock market plunged on Monday morning after the White House announced that it might not be America’s job to reopen the Strait of Hormuz. The S&P 500 rose more than 1.5%, while the Nasdaq rose nearly 2%. In one night, a Wall Street Journal the report indicated that President Trump would be ready to … Read more

UK house prices rose sharply in March but the Iran war was expected to cause a fall

UK house prices rose sharply in March but the Iran war was expected to cause a fall

UK house prices rose at their fastest pace in almost 18 months in March, although soaring mortgage rates amid the Iran war may have led to a market downturn, according to Nationwide. The UK’s biggest building society said the average UK house price rose by 0.9% month-on-month in March, the biggest increase since January 2024. … Read more

Economist Paul Krugman has a Dark Idea about the Iran War

Economist Paul Krugman has a Dark Idea about the Iran War

Last week, President Donald Trump made two ridiculous moves on Iran. He began by threatening to “destroy” Iran’s energy plants unless the Strait of Hormuz was safely opened. He gave a deadline of 48 hours. Then, before that deadline came, Trump backed down. But minutes before he did, the oil markets saw a huge spike … Read more

Stocks, bonds and commodities: How global markets have sold off the Iran war

Stocks, bonds and commodities: How global markets have sold off the Iran war

A trader works on the floor of the New York Stock Exchange during morning trading on March 25, 2026 in New York City. Michael M. Santiago | Getty Images Stocks, bonds, currencies and commodities have all been affected by volatility in the past month, with many stocks seeing wild swings and big losses as the … Read more