#international-sanctions

#international-sanctions

"The big recent changes are the war causing spikes in diesel, fertilizer, and chemical prices," Jeffrey Dorfman explained, highlighting the direct impact of the conflict on agricultural costs.

"As long as that aggressive investment continues by hyperscalers and service providers..., that will provide a certain level of resilience and will cushion some of the impact of any slowdown," Minton said.

Major indices, including the Nasdaq Composite, S&P 500, and Dow Jones Industrial Average, all recorded gains, with the Nasdaq delivering its strongest weekly performance since November.

After 40 days of fighting, the United States and Iran agreed to a two-week ceasefire, with negotiations expected to begin in Islamabad. One key point in Iran's proposal is allowing shipping to resume through the Strait of Hormuz, which has been closed since the war began, causing global oil prices to soar.

Moscow's economic gains from higher oil prices contrast sharply with Iran's struggles, as the US-Israel conflict intensifies, complicating their alliance.

The provisions of the Bahrain-led resolution had been repeatedly pared down in an effort to convince Russia and China to abstain from voting, an effort that ultimately failed as the two nations refused to back down in Tuesday's vote.

President Trump stated that the service member is injured but 'will be just fine' and that the US had been monitoring his location during the search-and-rescue operation.