“The United States is going to knock out every single power plant and every single bridge in Iran,” U.S. President Donald Trump wrote.

No date has been set for the next round of negotiations between Iran and the United States, Iran’s deputy foreign minister said.

Tehran cites alleged U.S. violations of ceasefire terms as it restores strict military control of the key oil route, while vessels report being hit by gunfire.

Oil prices fell by more than 9% following Iran's announcement

Rising energy costs are driving budget revisions across Europe, with Greece already adjusting growth forecasts while households face mounting pressures.

Europe faces looming energy crunch. IEA chief Fatih Birol warns jet fuel shortages could ground flights and spike global prices

The United States and Iran opened their most senior direct talks since the 1979 Islamic Revolution on Saturday, meeting in Islamabad under Pakistani mediation in a diplomatic push to end six weeks of conflict in the Middle East, even as a standoff over mined waters in the Strait of Hormuz continued to choke a fifth […]

The US is struggling to replenish key weapons systems, including Tomahawks that the duration of the conflict is consuming faster than they can be produced

Iran’s state-run Fars news agency reported Wednesday that tanker traffic through the Strait of Hormuz had been halted following what it described as an Israeli violation of the ceasefire agreement. A separate Iranian outlet, Press TV, citing unnamed sources, reported that Tehran would “punish” Israel over attacks against Lebanese Hezbollah carried out in breach of […]

All economic data and forecasts, ranging from international institutions to credit rating agencies, local authorities, and financial pundits, presented a sanguine narrative for the Greek economy in 2026. However, the protracted conflict in the Middle East has upended these optimistic projections, which anticipated economic growth to hover upward of 2% in 2026, with Greek authorities even […]

The Doha visit forms part of Greek Defense Minister Nikos Dendias’ wider tour of the Persian Gulf, following a stop in the United Arab Emirates.

As the war in Iran enters its second month, Greece is bracing for the negative fallout to its economy, with the country’s Parliamentary Budget Office drafting a bleak trimester report. The paper, presented by the chairman of the office, Prof. John Tsoukalas, warns of the adverse consequences, which, in the worst-case scenario would result in […]