Articles on US-Israel strikes on Iran

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People ride motorcycles past a large billboard in central Tehran on June 8, 2026. Atta Kenare/AFP via Getty Images

Trump’s US‑Iran ceasefire deal is a costly return to prewar conditions – and resolving nuclear questions will run into the ‘indivisibility problem’

Iran has emerged with its uranium enrichment knowledge intact, its stockpile buried and fresh reason to believe that only a nuclear weapon would have deterred the US-Israel attack.
The sun rises behind tankers anchored in the Strait of Hormuz off the coast of Qeshm Island, Iran, in April 2026. (AP Photo/Asghar Besharati)

The Strait of Hormuz: The supply chain loop that broke the world

The Strait of Hormuz is closed for the first time in the life of the Islamic Republic. Restoring the brake requires a credible diplomatic offer from the West.
As global energy supply pressures grow, fuel shortages are affecting everyday access. Auto rickshaw drivers queue to refuel their vehicles at a fuel station in Hyderabad, India, on March 14, 2026. (AP Photo/Mahesh Kumar A.)

As oil shortages deepen, wartime rationing offers a guide for today’s governments

Fuel shortages are rising worldwide, and some countries have started rationing fuel. Wartime rationing offers a model for managing scarcity more fairly.
A man walks along the shore as oil tankers and cargo ships line up in the Strait of Hormuz, a critical shipping route that carries about one-fifth of the world’s oil, seen from Khor Fakkan, United Arab Emirates on March 11, 2026. (AP Photo/Altaf Qadri)

As war raises oil prices, households pay while energy companies profit

Rising tensions between the United States, Israel and Iran have sent oil prices surging. While households and governments face higher costs, parts of the fossil fuel industry stand to gain billions.
Mark Schiefelbein/AP/AAP

Why Donald Trump is losing the war at home

With midterm elections looming and cost of living pressures biting, Americans have little patience for being involved in a foreign war they don’t understand.
With the Canadian dollar no longer rising alongside oil as it once did, price spikes now translate more directly into higher living costs for Canadians. Fuel prices are displayed as a person fills up their car with gas at a station in Montreal on March 5, 2026. THE CANADIAN PRESS/Christopher Katsarov

Middle East conflict is pushing oil prices higher — and most Canadians will feel the costs

Oil shocks create winners and losers, but the Canadian dollar no longer softens the blow the way it once did.

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