Tag: iran
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Mortgage rates surge to the highest since June 2025 as new Middle East attacks push oil prices up
The expectation had been for falling rates this year, but the war with Iran and its resulting rise in oil prices upended that.
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Waiting for homebuying to get more affordable? Here’s what to expect in 2027
Mortgage rates aren’t expected to get much cheaper for homebuyers in 2027, especially if inflation stays high.
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Oil rises over 2% as US and Iran resume military attacks
LONDON, Aug 31 : Oil prices rose more than 2 per cent on Monday after the U.S. attacked an Iranian island in the Strait of Hormuz and Tehran said it had retaliated, as their conflict extended into its sixth month.Brent crude futures were up $2.35, or 2.67 per cent, to $90.45 a barrel at 1306…
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Oil rises over 3% as US and Iran resume military attacks
LONDON, Aug 31 : Oil prices rose more than 3 per cent on Monday after the U.S. attacked an Iranian island in the Strait of Hormuz and Tehran said it had retaliated, as their conflict extended into its sixth month.Brent crude futures were up $2.87, or 3.26 per cent, to $90.97 a barrel at 1120…
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Iran war: Can the US military sustain a long conflict?
Six months into the Iran war, US military leaders warn of stretched forces and depleted weapons stockpiles. Could the US sustain a longer conflict?
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Oil rises over 3% as US, Iran resumes military attacks
LONDON, Aug 31 : Oil prices rose more than 3.5 per cent on Monday after the U.S. attacked an Iranian island in the Strait of Hormuz and Tehran said it had retaliated, as their conflict extended into its sixth month.Brent crude futures were up $3.15, or 3.58 per cent, to $91.25 a barrel at 0903…
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More than six months into Iran war, no clear winner as costs mount for US
The conflict has strained the United States military, shaken energy markets and piled political pressure on President Donald Trump.
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Oil rises as US, Iran resume military attacks
LONDON, Aug 31 : Oil prices were trading nearly 2 per cent higher on Monday after the U.S. attacked an Iranian island in the Strait of Hormuz and drew retaliation from Tehran, as their conflict extended into its sixth month.Brent crude futures climbed $1.77, or 2 per cent, to $89.87 a barrel by 0733 GMT…
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Trump says Iran’s Kharg Island is being ‘blown to smithereens’, but gives no details
Iran responded to an earlier US attack on rocket launchers on its island of Larak, about 660km east of Kharg, with an assault on two US bases in Jordan, Iranian media said.
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Iran says supertanker struck by mines in Strait of Hormuz
Iran’s Revolutionary Guards said the tanker had been attempting to pass through the waterway illegally when it was struck by two mines and caught fire.
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