Iran is testing a bold idea: charging oil tankers in Bitcoin to dodge US sanctions. The plan targets the Strait of Hormuz, where one-fifth of the world’s oil passes. Instead of dollars or local currency, ships might pay fees in BTC. But how practical is this? Experts debate whether Bitcoin’s speed
A fresh battle in the Persian Gulf isn’t just shaking up oil markets—it’s threatening the fragile promises rich countries made to help poorer nations fight climate change. Every dollar spent on war is one less dollar earmarked for solar panels, flood barriers, and clean-energy grids in places that d
China is moving quickly to calm the fighting in Iran, all while getting ready for a meeting with U. S. President Donald Trump next month. The country’s top leader, Xi Jinping, will meet the president in mid‑May, and China wants to keep its ties with Iran strong without upsetting Washington. Becau
The White House has no clear answer for how much the recent conflict with Iran might cost, even as officials push for a $1. 5 trillion military budget boost. The lack of transparency has sparked frustration among lawmakers, some of whom question why a specific price tag can’t be given for a war just
Financial leaders worldwide turn their eyes toward Washington this week, where one of the most powerful finance chiefs from Europe just fired a warning shot about money and markets. The head of the UK Treasury, sitting across from TV cameras in the capital of the United States, made clear that the o
FIFA’s top leader recently made it clear: Iran’s soccer team will compete in the upcoming World Cup. This comes even as tensions rise between Iran and the United States. The decision follows concerns about safety and political interference. Yet officials insist sports should rise above conflict. But
Donald Trump has once again targeted the Vatican’s leader, accusing him of ignorance about Iran’s recent crackdown on peaceful protesters. In a late‑night post on Truth Social, the former president highlighted that Iran has killed at least 42, 000 unarmed demonstrators in just two months and condemn
The United States announced that its navy has stopped all maritime commerce with Iran, even as the president hinted that talks about ending the current conflict might resume soon. In a brief statement, Admiral Brad Cooper said that within 36 hours of the blockade being put in place, every vessel
The latest efforts to pause the conflict between the U. S. and Iran show signs of progress after talks collapsed over the weekend. Iran’s negotiators seem willing to reach an agreement, according to U. S. officials. Vice President Vance called the current state of negotiations "very good, " despite
The U. S. Treasury Secretary recently shared an upbeat take on the country’s economy, brushing off worries about the Iran conflict. While wars often disrupt markets, he argued that America’s economy could still expand by more than 3% this year. Global watchdogs like the IMF and World Bank, however,
