Trump’s war in Iran reveals a shift in US foreign policy

U.S. military personnel prepare for airstrikes at a base in the Middle East amid rising tensions with Iran.

On October 5, 2023, the U.S. launched airstrikes against Iranian military sites in response to attacks on American personnel in Iraq. This military action has been justified by the Biden administration as necessary to protect U.S. interests and allies, yet it has also raised questions about the long-term strategy and implications for stability in the … Read more

Iran war drives oil prices above $100 a barrel for first time since 2022

A bustling oil trading floor is filled with traders reacting to the surge in oil prices, as news of the escalating conflict in Iran dominates the screens.

On October 15, 2023, Brent crude oil reached $100.30 per barrel, marking a significant milestone that has not been seen in over a year. The increase is attributed to fears that the conflict could spill over into neighboring countries, potentially affecting oil production and transportation routes. Analysts are closely monitoring the situation, as any further … Read more

Energy bills could rise by £160 as Iran conflict drives up gas prices

Protesters gather outside a government building, holding signs demanding action on rising energy costs amid escalating tensions in the Middle East.

This rise in gas prices is expected to directly impact consumers in the UK, with estimates suggesting that energy bills could increase by an average of £160 per household. The surge comes at a time when many families are already struggling with high living costs, adding further strain to household budgets. For more on how … Read more