Retail firms warn of price hikes if Iran war extends for months
Fashion retailer Next has accounted for millions in additional costs likely to arise from the Middle East conflict
Apple expands American manufacturing program with four new partners
Apple is adding Bosch, Cirrus Logic, TDK, and Qnity Electronics to its American Manufacturing Program, committing $400 million through 2030.
Iran war will spare no major economy, says OECD — but the UK is more vulnerable than others
The U.K. is predicted to be worse hit by the Iran war than its developed market counterparts, the OECD said in its interim economic outlook on Thursday.
Higher gas prices from Iran war could offset bigger tax refunds from Trump’s ‘big beautiful bill’
Amid the Iran war, higher gas prices could offset the bigger tax refunds from President Donald Trump’s “big beautiful bill,” according to some analysts.
Trump says Iranian negotiators ‘better get serious soon, before it is too late’
Trump’s comments come amid ongoing confusion over whether the U.S. and Iran have held negotiations over ending the war.
A Google AI breakthrough is pressuring memory chip stocks from Samsung to Micron
SK Hynix, Samsung and Micron shares fell as investors fear fewer memory chips may be required in the future.
Iran plans to charge ships for safe passage through Strait of Hormuz, report says
Officials in Tehran have drafted legislation to create a toll system where ships pay for safe passage through the waterway, Iranian media reported.
Gulf states say they’re ready for ‘self defense’ as stance shifts on Iran war
Gulf states have issued a joint statement on Thursday condemning Iran’s “blatant” and “criminal” attacks against them.
The U.S. will likely choose ground war in Iran over a ‘humiliating climbdown’: Expert
Maximilian Hess from Ementena Advisory says it’s a lose-lose for Washington, with Gulf pressure and Iran’s drone edge increasing the likelihood of U.S. ground intervention.
Iran war is a ‘catastrophe,’ G7 ministers warn — but there’s little they can do to stop it
European leaders and ministers issue warnings about the impact and potential consequences of the Iran war
