The Iran War is sprawling into an inflation nightmare for Trump ahead of the midterms

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More news about Iran

• Trump announces $8 billion relief money for farmers but their huge economic concerns lingerCBS News20 October 2026, 12:55 UTCIranEconomic dataPresident Trump urged his supporters to turn out for Republican candidates at a rally in Kansas, where he also announced relief funds for farmers affected by inflation and the war in Iran. CBS News...
• +++ Iran-Krieg +++: Hegseth in Israel – Gespräch mit Netanjahu über IranHandelsblatt20 October 2026, 12:44 UTCIranGovernment leadersNetanjahu deutet neue gemeinsame Angriffe auf den Iran an +++ Pakistans Armeechef als Vermittler nach Teheran gereist +++ Tanker brennen nahe Straße von Hormus +++ Der Newsblog.
• Iran Strikes More Ship Engine Rooms in Ramp-Up of Hormuz AttacksBloomberg Markets20 October 2026, 12:31 UTCIranCargo shipsIranian attacks in the Persian Gulf are striking more ships and causing more severe damage than earlier in the conflict, bringing fresh risks to energy flows from the region.
• Iran denies collapse is close as US claims IRGC running out of moneyAl Jazeera20 October 2026, 12:29 UTCIranIranian authorities defiant despite financial strain, saying they want to lift US blockade and pressure on their terms.
• Iran says Iraq has agreed to expel Iranian Kurdish opposition groups from Kurdistan regionThe National20 October 2026, 12:06 UTCIran
• Pakistan army chief arrives in Tehran as Iran seeks leverage in US talksThe National20 October 2026, 12:02 UTCIran
• LIVE | ’Explosies op twee olietankers in Straat van Hormuz na botsing met zeemijnen’De Telegraaf20 October 2026, 11:56 UTCIranGovernment leadersDe spanningen in het Midden-Oosten blijven oplopen. De Amerikaanse president Donald Trump beweert dat Iran zwaar is verzwakt, maar een einde aan de oorlog blijft onzeker. Volg de laatste ontwikkeli...
• Poland has no Patriot missiles left for Ukraine, Sikorski saysKyiv Independent20 October 2026, 11:45 UTCIranAttacksSikorski said that the shortage of missiles had worsened after the attacks on Iran.

More on Economic data

• How concerned should Trump be over economic woes?CBS News20 October 2026, 13:08 UTCGovernment leadersPresident Trump has faced backlash along the midterms campaign trail over his handling of the economy. Kelly O'Grady breaks it down.
• Why Rubio is visiting Reliance’s oil refinery in India, the world’s largestAl Jazeera20 October 2026, 12:37 UTCIndiaEconomic dataReliance is central to Washington’s efforts to punish Russian energy buyers and contain oil prices amid the war on Iran.
• Energie: Europäischer Gaspreis steigt erstmals seit 2022 über 90 EuroHandelsblatt20 October 2026, 12:32 UTCEconomic dataEuropäisches Erdgas kostet erstmals seit Ende 2022 mehr als 90 Euro je Megawattstunde. Zu den Preistreibern gehört wohl auch das Auffüllen der Speicher vor dem Winter.
• Gas prices for Armenia may soar by 69% in case of EAEU membership suspensionTASS20 October 2026, 12:15 UTCArmeniaEconomic dataAccording to the report, the real price with consideration of the market situation may be higher
• Trade turnover between Armenia, EAEU countries to drop by 55.6% if it leaves UnionTASS20 October 2026, 12:13 UTCArmeniaEconomic dataThe EAEU accounted for 37.8% of the Armenian trade turnover in 2025, including 38% of exports and 37.7% of imports
• Hungarian Forint: Crowded positions cloud fiscal outlook - INGFXStreet20 October 2026, 11:47 UTCHungaryEconomic dataING’s Frantisek Taborsky reports Hungary’s government has outlined a 2025 budget deficit target of 4.9% of GDP, down from 7.0–7.5%, relying on spending cuts, lower interest costs and new taxes.