war in Iran

An exclusive Harris Poll survey for the Guardian reveals 95% of Americans believe the US is facing an affordability crisis, with 57% citing worsening economic conditions due to rising grocery and gas costs. The poll highlights concerns amid the war in Iran and approaching midterm elections.

Australia forecasts an A$38 billion (US$26 billion) increase in export income due to rising commodity and energy prices linked to the war in Iran. The Department of Industry, Science and Resources projects resources exports to reach A$416 billion by June 2027, assuming trade disruptions persist until June 2026.

Rising food and gasoline prices, driven by tariffs and the war in Iran, are making the upcoming July 4 celebration the most expensive in the U.S. as the country marks its 250th birthday.

The Trump administration requested $87.6 billion in emergency funding to cover the cost of the war in Iran and other expenses. The proposal lacks broad Democratic support, complicating its potential passage into law.

Senate Republicans, after being berated by President Donald Trump for opposing his war in Iran, reversed their position and voted late-night to appease him. The vote aimed to address Trump's criticism over their initial opposition to the military action.

The article discusses the decline of American power and examines Beijing's perspective on the war in Iran. It focuses on shifting geopolitical dynamics between the U.S. and China in relation to the conflict.

President Trump canceled plans to sign a housing cost bill after a closed-door luncheon with Republican senators turned into a shouting match over the war in Iran. The president is pushing for senators to pass a separate bill that would alter voting rules.

The Pentagon reported $29 billion in U.S. military costs for the Iran conflict, but experts estimate the true cost exceeds $200 billion. The war has caused economic strain, public disapproval of President Trump, and ongoing financial demands, with additional $80 billion requested for military operations.

Asian shares are trading mixed in subdued conditions as market enthusiasm wanes and uncertainty persists over efforts to resolve the war in Iran.

High oil prices have led to a surge in Chinese electric vehicle sales, but charging networks are struggling to keep up. The war in Iran has influenced the global EV market, allowing Chinese automakers to expand in the developing world as fuel prices rise.

The war in Iran fulfilled a longtime goal of Israeli Premier Benjamin Netanyahu but has left him in his worst position in years.

U.S. Vice President JD Vance arrived in Switzerland to initiate negotiations with Iran regarding its nuclear program and to strengthen an interim agreement aimed at ending the war in Iran.

Hong Kong parents are shifting from traditional summer schools in Britain and North America to Asian alternatives due to rising airfares driven by the war in Iran. Applications for British summer schools fell by 35% this year, according to Samuel Chan Sze-ming of education consultancy Britannia StudyLink.

U.S. President Donald Trump claimed Italian Prime Minister Giorgia Meloni repeatedly asked for a photo with him at the G7 summit, while Meloni denied the accusation and Italian Foreign Minister Antonio Tajani canceled a U.S. visit in response. Trump criticized Italy's NATO contributions and linked Meloni's foreign policy to her domestic popularity, which he said was declining.

Wisconsin swing voters in online focus groups observed by NPR stated that Trump's war in Iran was a costly blunder and not worth it.

A majority of Minnesotans disapprove of Gov. Tim Walz and President Donald Trump, with approval ratings at historical lows. Over two-thirds oppose U.S. involvement in the Iran war. Approval ratings for Sen. Amy Klobuchar and Attorney General Keith Ellison are also negative or near-neutral, while the Minnesota Legislature's approval is similarly low.

US Secretary of Defense Pete Hegseth criticized NATO allies for insufficient spending and tepid support for the war in Iran. NATO Secretary General Mark Rutte stated that the alliance is on the right path and claims all is good.

President Trump's preliminary arrangement to end the war in Iran has caused divisions among Republican leaders. The deal was discussed during the Group of 7 summit in Evian-les-Bains, France.

The Federal Reserve maintained interest rates but indicated potential rate hikes in 2026 to address persistent inflation. Nine policymakers now support a hike, and six suggest multiple increases. Kevin Warsh, the newly appointed Fed chair, did not forecast future policy changes, while President Donald Trump has pressured the Fed for lower rates. Inflation remains at 4.2% due to rising oil and fuel costs linked to the war in Iran.

Over 2.6 million Michiganders are expected to travel at least 50 miles during the Fourth of July period (June 27-July 5), with most driving, marking a 1% increase from last year and setting a record. Gas prices in Michigan have risen to $4.15 per gallon, up 98 cents from this time last year, and AAA recommends leaving before noon to avoid congestion.

Gas prices in Lincolnton are dropping due to a deal ending the War in Iran and reopening the Strait of Hormuz. Residents note prices have fallen but remain cautious, as costs are still higher than last year. Drivers and business owners express mixed hopes about the impact on travel plans and broader expenses.

The G7 meeting in France will address the war in Iran, the conflict in Ukraine, and economic challenges. Key agenda items include discussions on these global issues.

Sen. Jack Reed criticized President Trump's possible Iran deal, calling it a costly 'birthday gift' amid economic struggles caused by the conflict. Reed noted ongoing discussions about the deal over 100 days.

A new NBC News poll shows 57% of Americans disapprove of President Donald Trump’s job performance. The poll was discussed on Sunday TODAY, noting the disapproval comes amid the war in Iran and the country’s 250th birthday.

The Central Bank of Brazil is set to begin a monetary easing cycle despite ongoing risks to oil prices from the war in Iran. Emerging-market investment strategies are being reconsidered due to diverging global interest rate paths.

President Trump travels to France for the G7 Summit as the war in Iran remains a central topic in global discussions.

The Asian Development Bank (ADB) warns that the Asia energy crisis has reached a 'worst' case scenario, with 15 countries seeking $4 billion in emergency support due to the war in Iran.

The war in Iran has drawn attention to the decline in U.S. maritime power. The article highlights concerns about the inability of market forces to rebuild U.S. shipyards.

Trump told BBC's Sarah Smith during a call that Netanyahu did not defy him, discussing the war in Iran and their relationship. The conversation focused on Trump's interactions with the Israeli leader and the ongoing conflict.

The war in Iran has strengthened the Islamic Republic's power, as observed in Enghelab Square, Tehran, on June 3, 2026.

The war in Iran is reshaping the global economy, with the green-energy industry and China emerging as potential major beneficiaries.

President Trump is participating in a roundtable on agriculture in Wisconsin. The Trump administration faces pressure from farmers due to rising fertilizer costs linked to the war in Iran and shipping restrictions through the Strait of Hormuz.

India has eliminated capital gains tax for foreign bond buyers to strengthen the rupee. The central bank maintained interest rates despite currency pressures from foreign outflows and the Iran war.

U.S. jobless aid filings reached their highest level in four months in early June 2025, with 225,000 new applications, amid economic uncertainty linked to the war in Iran. Despite historically low layoffs, the labor market remains in a 'low-hire, low-fire' state, with the unemployment rate at 4.3%. The closure of the Strait of Hormuz, rising oil and gas prices, and inflation above the Federal Reserve’s target are complicating economic conditions.

The number of Americans filing for jobless aid increased to 225,000 last week, indicating a rise in potential layoffs. However, the figure remains historically low despite economic uncertainty linked to the war in Iran.

Diplomatic efforts to resolve tensions in the Gulf have stalled as tensions flared again. Robert Kagan argues in The Atlantic that Iran's leverage in the Strait limits U.S. options, joined by Walter Isaacson to discuss the implications.

Senate Republicans are advancing a bill to fund immigration enforcement through the end of Trump's term. Israel and Lebanon have agreed to a ceasefire that could help end the war in Iran.

State Secretary Marco Rubio continues to claim that the war in Iran is over during testimony before lawmakers on Capitol Hill. California Democratic Rep. Sara Jacobs asked Rubio about the war with Iran and who won based on Rubio's assessments.

The House is set to vote on President Trump's authority to continue the war in Iran as time runs out for further delays. The U.S. Capitol in Washington is the location of this legislative action.

Secretary of State Marco Rubio testified before the Senate Foreign Relations Committee about the war in Iran. CBS News congressional correspondent Taurean Small provided further details on the testimony.