NEWYou can now listen to Fox News articles! After two months of conflict, neither a deadly bombing campaign nor a blockade on Iranian exports has forced Tehran to make the concessions the Trump administration is seeking. The campaign has intensified in recent weeks, targeting Iran’s oil exports and financial networks while a naval blockade has … Read more
LAS VEGAS — The German company that owns Lufthansa Airlines and other European carriers said Tuesday that it would cut 20,000 short-haul flights through October as the Iran war drives up oil prices and deepens worries that some countries may run low on jet fuel. The Lufthansa Group said the cancellation of less profitable routes, … Read more
The world is now facing price rises and perhaps even shortages for energy and food that are already baked in — and that’s if the conflict ended tomorrow. “The Iran crisis is an epoch-defining event, similar in scale to the fall of the Berlin Wall or 9/11,” believes Peter Frankopan, a professor of global history … Read more