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Inflation

U.S. Tightens Port Blockade on Iran as Europe Moves to Reopen Hormuz

European governments move to form a separate defensive mission to clear mines and protect ships.

U.S. Strikes Destroy 16 Iranian Minelayers as Ships Are Hit and Hormuz Traffic Stalls

US Launches 10%–50% Reciprocal Tariffs, Doubles India Duty to 50%

US and Israel Launch Bunker-Buster Strikes on Iran’s Nuclear Sites

Israel Broadens Aerial Campaign Against Tehran as Iran Fires Dozens of Missiles