Iran crisis
Coverage of Iran crisis in the Nexus archive.
- How the Iran crisis undermines the Bank’s QT programme
The Iran crisis is undermining the Bank's QT programme. Unlike previous crises, the Bank continued selling during this crisis, prompting calls for a reevaluation of its strategy.
- No need for India to take a leaf out of Pakistan’s Iran mediation book, says envoy
India's envoy to China, Vikram Doraiswami, stated that India does not need to follow Pakistan's approach to mediating the Iran crisis, as the field is already crowded. He argued such mediation would not have benefited India.
- Baltic States Urge EU to Accelerate Russian Oil Ban
Estonia, Latvia, and Lithuania are urging the EU to accelerate a ban on Russian oil imports, which had been delayed due to the Iran crisis. The European Commission stated it is working on a proposal, though EU Energy Commissioner Dan Jørgensen did not comment during a closed session.
- China Says Iran Crisis Shows Nations Must Speed Up Energy Shift
China states that the Iran crisis highlights the need for nations to accelerate the energy transition. The article references solar panels in Yinchuan, Ningxia autonomous region, as an example of energy initiatives.
- Holiday bookings surge in markets hit by Iran crisis
Holiday bookings have increased in regions affected by the Iran crisis as travelers reassess the conflict's threat and proximity. The eastern Mediterranean is experiencing a rebound in tourism activity.
- Trump Says US Will Refocus on Ukraine War After Iran Crisis, Says Putin and Zelensky ‘Open’ to Talks
Trump stated the US will refocus on ending Russia’s war in Ukraine after the Iran crisis, claiming both Putin and Zelensky are open to talks. He described his calls with both leaders as 'very good'.
- Oil industry faces ‘gruesome’ demand shock from Iran crisis
The oil industry is experiencing a significant demand shock due to the Iran crisis. The reopening of the Strait of Hormuz is unlikely to happen quickly or fully.
- As Iran crisis drags on, fears of global food crisis grow
The ongoing Iran crisis has raised concerns about a potential global food crisis, as global food prices have risen modestly but the full impact remains to be seen, according to analysts.
- Starmer hits out at Trump's blockade plan as he warns Brits that pain from Iran crisis will last far longer than the war
Starmer criticizes Trump's blockade plan and warns British citizens about prolonged pain from the Iran crisis. The article highlights concerns over long-term impacts of the Iran conflict on the UK.
- Record number of homes in Great Britain turn to green energy as fuel prices soar
A record number of homes in Great Britain are adopting green energy solutions like solar panels, heat pumps, and electric vehicles due to soaring fuel prices linked to the Iran crisis. Energy bills are projected to rise 18% in July as households prepare for higher costs following the next energy price cap.