Conflict in Iran
Coverage of Conflict in Iran in the Nexus archive.
- Recycled plastics industry gets unexpected boost from Iran War
The conflict in Iran has increased oil and virgin plastic costs, making recycled plastic more cost-competitive. This shift benefits the recycled plastics industry, which is experiencing an unexpected boost due to the geopolitical situation.
- Wartime oil prices cause turbulence for flights: When will US feel the pinch?
The closure of the Strait of Hormuz and rising oil prices due to the Iran conflict are disrupting airline operations and American travel plans. Brent crude futures reached $114 per barrel, highlighting the economic impact of the geopolitical tensions.
- Watch key moments from Pete Hegseth's testimony about Pentagon funding, Iran
Defense Secretary Pete Hegseth testified before the House Armed Services Committee about the Pentagon's $1.5 trillion budget request, clashing with Democrats and accusing opponents of the Iran war of being enemies. Acting Pentagon comptroller Jules Hurst disclosed the conflict has cost the U.S. $25 billion.
- Summer travel overseas could hit turbulence amid soaring jet fuel prices
The International Energy Agency warned Europe may face a major jet fuel shortage within six weeks due to supply chain disruptions linked to the conflict in Iran. Rising jet fuel prices and geopolitical tensions threaten summer travel plans overseas.
- Trump and his party confront the political perils of chaos: From the Politics Desk
President Donald Trump addressed the conflict in Iran at the White House, highlighting his party's challenges in navigating political instability. The article discusses the broader implications of chaos in political landscapes.