Oil prices surge as US-Iran strikes intensify in Strait of Hormuz
Oil prices spike to six-week highs as US-Iran strikes disrupt traffic in the crucial Strait of Hormuz.

Oil prices spike to six-week highs as US-Iran strikes disrupt traffic in the crucial Strait of Hormuz.



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Amid rising public discontent, Iranian authorities say adversaries are focused on encouraging domestic unrest.
US sanctions Turkish bank over alleged IRGC ties, accusing it of facilitating millions in transactions for Iran.
The global ratings agency has also maintained the country’s sovereign rating at AA.
Price of gasoline also sets new record for Labor Day weekend ahead of crucial midterm elections in November.
Unemployment rate steady as public schools and food services lead the surge in US job growth for August.
Rising prices and opposition to war may pressure Trump to de-escalate until after the midterms, analysts say.
White House arcade games spark criticism for prioritising entertainment amid rising living costs and war concerns.
OpenAI claims GPT-6 Astra is the most advanced AI model, amid escalating safety and ethical concerns.
The Southeast Asian country’s currency has plummeted amid the fallout of the Iran war and economic challenges at home.
The ban will last for one year and affect 600,000 students.