The new measures are focused on Chinese companies that supply Iran’s military with materials to make drones.
Category: US and Israeli Attack on Iran (2026)
-
What to know about the report.
Employers added 115,000 jobs and the unemployment rate remained at 4.3 percent despite higher energy prices and instability spurred by the war with Iran.
-
Federal Reserve Turns Focus to Inflation as Job Market Stabilizes
April’s report showed employers added more jobs than expected, supporting the central bank’s view that it can afford to hold interest rates steady.
-
Oil Prices Rise as U.S. and Iran Test Truce With Military Strikes
Oil prices rose after the United States attacked Iranian military sites in retaliation for Iran firing on U.S. warships in the Strait of Hormuz
-
How Energy Prices Are Driving Demand for Solar Panels and Heat Pumps
Already having faced an energy crisis five years ago, more European consumers believe they are “one Trump-ignited war away” from crushing costs.
-
U.S. Debt Hits a Concerning Milestone, and Experts Say Trump’s Policies Could Worsen It
The debt is outgrowing the size of America’s economy. The president’s policies could accelerate the country’s fiscal headaches, experts say, unless policymakers intervene.
-
Shell Reports Nearly $7 Billion Profit After Oil Prices Surged Amid U.S.-Iran War
The oil giant’s earnings in the first three months of the year were more than double the previous quarter’s and follow similarly strong results of European rivals.
-
Fast-Food Sales Rise Despite Higher Gas Prices
Fallout from the war in Iran didn’t dampen quarterly results at McDonald’s, Burger King and Taco Bell.
-
Oil Prices Slide on Hopes for Renewed Peace Talks
Investors waited for news on the situation in the Middle East, as the U.S. and Iran gave mixed signals on peace negotiations.
-
War and Energy Shortages Boost China’s Influence in Asia
The war in Iran has left China’s neighbors appealing for help, handing Beijing the kind of sway it has long sought.
