‘A year of resistance’: Cuba’s private sector faces Trump’s oil blockade
US oil blockade on Cuba is a significant blow to small family firms struggling with power outages and fuel shortages.
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Life in limbo: How Iranians navigate a state of ‘no war, no peace’
Tehran’s residents are living through a fragile truce and deep economic uncertainty.
EDITOR'S ANALYSIS
As US-Iran talks remain ‘stalled’, experts warn of ‘long-term disruptions’
With the two sides locked in a standoff, oil prices have continued to soar.
Trump government extends Jones Act waiver by 90 days to dampen oil prices
Move is part of a broader US push to curb politically sensitive fuel price spikes before November’s midterm elections.
Gold is unaffordable, so South Asian brides turn to one-gram substitutes
Families choose imitation jewellery and gold-plated ornaments as record prices push pure gold out of reach.
As Iran crisis drags on, fears of global food catastrophe grow
While global food prices have risen modestly so far, the full impact of the conflict has yet to be felt, analysts say.
Shipping firms seek clarifications before crossing Hormuz
Shipping companies said several things had to be clarified, including the presence of mines, Iranian conditions.
Trump threatens to fire Fed Chair Powell if he doesn’t step down by May 15
In a Fox Business interview, Trump says he will fire Powell if he does not vacate his board seat when his term ends.
![The confirmation hearing from Kevin Warsh, Trump’s pick to be Powell’s potential successor is scheduled for next Tuesday [File: Kent Nishimura/Reuters]](https://aljazeeranews.edgeone.app/wp-content/uploads/2026/04/2025-07-24T214447Z_34146845_RC28TFAVNX5J_RTRMADP_3_USA-TRUMP-FED-1776262869.jpg?resize=770%2C513&quality=80)
IMF cuts global growth forecast during Hormuz blockade
Higher global inflation forecast at 4.4 percent, up 0.6 points, driven by surging oil, gas and fertiliser costs.
New White House report has plans to fix US housing shortage of 10 million
A new report lays out a blueprint for how more home construction would help the middle class and the overall economy.
Ceasefire brings some relief for Iranians but economic outlook remains grim
Activity picks up in Tehran’s Grand Bazaar compared with before the ceasefire, but vendors say sales remain slow.
