
Skyrocketing Oil Prices Could Lead to Hungarian Inflation Nightmare
A new report lays out a risky path ahead for Budapest—including painful inflation levels not seen since the last energy shock.

A new report lays out a risky path ahead for Budapest—including painful inflation levels not seen since the last energy shock.

Time is running out for a diplomatic breakthrough in the Middle East, as Washington and Tehran struggle to reconcile competing ultimatums over nuclear deterrence, port blockades, and regional proxy conflicts.

Reports suggest EU member states seek direct negotiations with Tehran to regain access to key shipping routes—as Trump renews threats of military strikes.

Tehran’s military asserts that its tightening grip over a key maritime route could yield massive economic gains and bolster significantly the Islamic Republic’s global influence.

Trump did not mention the response Pakistan’s Prime Minister Shehbaz Sharif said his country received from Iran regarding Washington’s peace proposals.

Air defense systems were activated across the Emirates, intercepting a series of Iranian-launched drones as the Middle East war threatens to reignite.

France has launched its most significant military intervention of the 2026 conflict, sending the Charles de Gaulle carrier group to the Red Sea to spearhead a new multinational security mission.

The IRGC claims it has established new protocols for safe passage in the Strait, signaling a defiant attempt to manage maritime security independently of U.S.-led coalitions.

Beijing has stated that all parties must heed the international community’s call to resume safe maritime traffic through the strait.

Tehran deployed combat drones and rockets to challenge the presence of U.S. destroyers aiding commercial transit.