Marjorie Taylor Greene is threatening Donald Trump publicly with a ‘revolution’. His next move might be the one that finally breaks MAGA The polarization is alarming. We Got This Covered · May 18
Why the Iran war is breaking the US-European strategic alliance Days after U.S. and Israeli strikes on Iran began on Feb. 28, 2026, Spanish Prime Minister Pedro Sánchez denied American forces the use of the Naval Station Rota and the Morón Air Base – installations that had hosted U.S. troops for more than 70 years. The Conversation · May 18
Is a deeper bond crash ahead? From Washington to Tokyo, governments are paying the highest borrowing costs in decades as global bond yields surge — why are investors dumping bonds? Global Bond Yields Spike to Multi-Decade Highs as Iran War Fuels Inflation Crisis: From Washington to Tokyo, governments are now paying the most to borrow in a generation. The Iran war's energy shock is rewriting the rules of global finance — and the bill is only getting larger. The 10-year… The Economic Times · May 18
Iran heads to World Cup training camp in Turkey with no US visas issued Iran’s national football team is flying to Turkey amid fears over visa approvals from the United States, with limited preparation and no top-tier friendly matches scheduled. Euronews · May 18
Oil Prices Climb As Trump Warns Iran Amid Stalled Diplomacy In 80-Day War A fresh warning from President Donald Trump and reports of rising tensions around the Strait of Hormuz pushed oil prices higher and weighed on global markets Monday as indirect negotiations between Washington and Tehran continued. International Business Times · May 18
Labour must stick to Reeves’ fiscal rules to avoid market chaos, IMF warns UK economy sees growth upgrade but government advised to ‘stay the course’ The Independent UK · May 18
‘Are you people crazy?’: Trump blasts Iran for sending peace proposal with ‘no relationship to the deal we made’ Washington and Tehran again ramped up fiery rhetoric as talks reached an impasse The Independent UK · May 18
White House unveils massive US-China accords on trade and Iran, silences Taiwan flashpoint The White House released details of President Trump's China visit. Major trade deals were struck, including aircraft purchases and agricultural commitments. Both nations agreed on Iran's nuclear program and shipping lane security. However, the official summary notably excluded discussions about Taiwan, a key point of contention during the visit. This… The Economic Times · May 18
US-Iran war: Pakistan deploys JF-17 jets, thousands of troops to Saudi Arabia Pakistan has deployed 8,000 troops, fighter jets, and an air defense system to Saudi Arabia under a mutual defense pact. This substantial, combat-capable force aims to support the kingdom amid rising regional tensions. The move follows Iran's submission of a revised peace proposal through Pakistan, as a fragile ceasefire with… The Times of India · May 18
Iran calls for reconstruction support at World Urban Forum in Baku Iran's deputy housing minister used the World Urban Forum in Baku to call for international support to rebuild 150,000 homes damaged in the war. Euronews · May 18
First Thing: Trump warns ‘clock is ticking’ for Iran to secure peace deal US president says there ‘won’t be anything left’ of country if it does not reach agreement. Plus, how to become emotionally mature at any age The Guardian - UK · May 18
Trump Dismisses Xi Jinping Proposal On Iran Conflict Resolution Amid Global Concern US President Trump has rejected Chinese President Xi's offer to mediate the Iran conflict, adding uncertainty to international negotiations and impacting global markets. International Business Times UK · May 18
Pakistan deploys jet squadron, thousands of troops to Saudi Arabia during Iran war Pakistan has deployed 8,000 troops, a squadron of fighter jets and an air defence system to Saudi Arabia under a mutual defence pact, deepening military ties with Riyadh even as Islamabad positions itself as the key mediator in the Iran conflict. The Economic Times · May 18
Global bond rout deepens as Iran war drags on and underscores inflation fears Global bond markets are experiencing significant losses as rising energy prices, fueled by the Iran conflict, ignite inflation fears. Investors now anticipate central banks worldwide, including the US Federal Reserve and European Central Bank, to hike interest rates. Japan's government debt issuance further strains finances, pushing JGB yields to record… The Economic Times · May 18
Evening Standard · May 18 Iran war hit to UK growth less than feared but inflation still to rise – IMF The International Monetary Fund (IMF) updated its growth projections a month after warning of a sharp slowdown caused by the global energy shock.
The Economic Times · May 18 Baba Vanga fuel price prophecy: Did Bulgarian mystic predict Iran war & rising petrol, diesel, CNG and LPG prices? Here’s what she said Amidst rising global tensions and concerns over fuel prices, viral claims linking Baba Vanga's alleged 2026 predictions to economic chaos are circulating. However, there is no verified evidence of her specifically foreseeing fuel price hikes. The current anxieties are more a reflection of real-world geopolitical impacts on oil markets than…
The Economic Times · May 18 Iran officially announces new body to manage Strait of Hormuz: top security council Iran has established a new authority to manage the Strait of Hormuz. This vital waterway has been effectively closed by Tehran, which intends to charge ships for passage. The new body will provide updates on operations and developments. Iran's control over the strait has impacted global markets.
The Economic Times · May 18 IEA chief warns commercial oil inventories are depleting rapidly, only weeks left International Energy Agency head Fatih Birol warned that commercial oil inventories are rapidly depleting, with only a few weeks of supply remaining due to the Iran war and Strait of Hormuz closure. Strategic reserve releases have provided temporary relief, but demand is increasing with seasonal shifts. The agency previously forecast…
Barchart · May 18 Stocks Set to Open Lower as Oil Rises Amid Iran Impasse, Nvidia Earnings and Fed Minutes Awaited June S&P 500 E-Mini futures (ESM26) are down -0.41%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.30% this morning, pointing to a lower open on Wall Street as oil prices continue to rise amid the stalemate between the U.S. and Iran.
Euronews · May 18 Ryanair profits surge 40% to €2.26 billion despite Boeing delays and fuel crisis Europe’s largest low-cost airline posted record annual profits as rising fares and sustained travel demand helped offset aircraft delivery delays and mounting uncertainty in global fuel markets due to the Iran war.
The Economic Times · May 18 India's cooking fuel shortage is driving up California's gas prices India's cooking gas shortage, driven by the Strait of Hormuz closure, forces refiners to cut alkylate production. This directly impacts California's gasoline supply, as alkylates are crucial for its unique blend, leading to higher prices for motorists already facing a global fuel crisis.
The Guardian - US · May 18 The Iran war reminds us: we’ll never be energy-independent with fossil fuels Energy security comes from using local, renewable resources to power, heat and cool communities, as Ukraine is doing
The Economic Times · May 18 German 10-year bond yield stays at 15-year high amid global bond rout Global bond markets are experiencing a selloff. Investors are concerned about rising energy prices due to the Middle East conflict. This could fuel inflation and lead to further interest rate hikes. German 10-year bond yields have reached a 15-year high. Italian 10-year yields are also up. European Central Bank head…
The Independent UK · May 18 Iranian Nobel laureate Narges Mohammadi released from hospital Iranian Nobel Peace Prize laureate Narges Mohammadi has been released from the hospital after more than two weeks
The Independent UK · May 18 Iran is ‘dying to sign a deal’ claims Trump as Tehran makes new demands IN FULL