# Iran
Latest news and articles about Iran
Total: 638 articles found
Chinese Evacuees Praise Beijing’s Embassy as Lifeline in Iran Pullout
Chinese citizens evacuated from Iran have credited the Chinese embassy with essential assistance, highlighting Beijing’s growing consular role abroad. The episode underscores operational and diplomatic challenges as China protects an expanding overseas population amid regional instability.
Iran’s Revolutionary Guards Claim Strike on U.S. Air Base in Bahrain, Raising Stakes in the Gulf
Iran’s IRGC said it struck a U.S. air base in Bahrain on March 3 using 20 drones and three missiles, claiming destruction of the base’s headquarters and a fuel depot. If verified, the attack would be a notable escalation with tactical and strategic implications for U.S. force posture, Gulf security, and regional stability.
Cornered on Two Fronts: Middle East Escalation and a Court-Ordered Tariff Refund Put New U.S. Administration Under Strain
A sudden escalation of attacks between the United States, Israel and Iran has spread across the Gulf, disrupting energy and shipping and threatening higher inflation. At the same time, U.S. courts have ordered the rollback and likely refunding of large parts of President Trump’s tariff regime, removing a key foreign-policy and economic lever and exposing the administration to significant fiscal and political strain.
Gulf Under Fire: How Middle East Escalation Is Upending Chinese Businesses and Global Supply Lines
A sudden escalation of hostilities across the Gulf has disrupted flights, ports and last‑mile services, stranding Chinese businesspeople and delaying shipments. Firms are scrambling to reroute cargo, protect staff and absorb higher costs, while the episode forces a reassessment of how resilient China’s commercial ties to the Gulf must be.
Iran’s Rial Collapses to 1.31 Million per Dollar as Sanctions and Oil Shock Unleash Economic Pain
The Iranian rial has plunged to about 1.314 million per U.S. dollar in market trading, a collapse driven by loss of foreign exchange from sanctions, an oil‑dependent revenue structure, and failed attempts at exchange‑rate reform. The slump is deepening inflationary pain for ordinary Iranians, prompting central bank turnover and heightening political and humanitarian risks.
Hormuz Disruption Sends Oil and Gas Prices Soaring, Forces Central Banks to Recalculate
An adviser to Iran’s IRGC said the Strait of Hormuz had been closed, triggering a sharp spike in oil and gas prices as tankers halted transits and insurance and navigation risks rose. Attacks on Qatari LNG wells and broader Gulf tensions amplified fears of supply shortages, forcing policymakers and central bankers to reassess inflation and monetary policy risks.
Calm on the Surface, Risk Beneath: Why US Markets Look Unfazed as Middle East Tensions Flare
US equities were unusually calm after a weekend escalation in the Middle East, with an early sell‑off reversing and volumes dropping sharply. Energy and shipping markets priced a clear risk premium while bond yields rose, signalling markets are prioritising inflation risk over a classic flight to safety; the key variable remains how long disruptions persist.
Iran Threatens to Seal Strait of Hormuz as Oil Markets and Diplomacy Fray
Iran’s IRGC has threatened to strike any vessel attempting to pass through the Strait of Hormuz, effectively halting tanker traffic and lifting oil prices. The dispute has exposed divisions among Western allies, prompted an SCO call for restraint, and raised risks to global energy supplies and shipping.
Drone Strike on U.S. Embassy in Riyadh Sends Oil and Gold Higher as Trump Warns of Retaliation
A drone attack on the U.S. embassy in Riyadh and U.S. signals of military retaliation triggered sharp moves in global markets on March 3, lifting oil, fuel, and precious metals. President Trump’s War Powers notice and his warning of imminent retaliation have increased the risk premium on Gulf supplies and heightened the prospect of further escalation.
France Says US–Israel Strikes on Iran Lack UN Legitimacy, Warns of Dangerous Drift
France’s foreign minister said on March 2 that military action by the United States and Israel against Iran lacked legitimacy because it had not been reviewed by the UN Security Council. Paris warned that indefinite strikes without clear objectives risk escalating into prolonged regional turmoil and urged a return to multilateral deliberation.
Tehran Hospital Hit in Overnight Airstrike; Iran Blames US and Israel, WHO Warns of Legal Breach
A midnight airstrike struck Gandhi Hospital in Tehran on March 1, causing structural damage and injuring medical staff; Iranian authorities blamed the United States and Israel. The World Health Organization warned attacks on medical facilities breach international humanitarian law, while independent verification of responsibility was not available.
Confusion in Tehran: Ahmadinejad’s Fate Unclear After Strikes as Rivals Trade Claims
Conflicting reports emerged after strikes in Tehran left the fate of former president Mahmoud Ahmadinejad uncertain, with Israeli media claiming he was killed and aides and Iranian outlets denying it. The episode underscores the symbolic weight of attacking a well-known hardliner and the risk such actions pose for escalation and internal Iranian politics.