Daily brief
The United States is reportedly considering using frozen Iranian assets to compensate Gulf allies for damages caused by Iran, with the Treasury Department potentially redirecting funds to rebuild conflict-affected Gulf states. This follows earlier reports that the US floated steering frozen Iranian assets to Gulf allies for repairs. (ongoing coverage)
Global airlines have slashed their 2026 profit forecast due to a fuel shock from the Iran war.
One hundred days into the Iran war, Americans are facing higher prices.
Iran's nuclear chief stated that the Bushehr nuclear power plant is among the world's top 10.
Iran earns billions from ships passing through the Strait of Hormuz.