July 27, 2026
Iran warns Washington will pay as fighting enters a new phase
The Strait of Hormuz remains under pressure as both sides tighten military operations
Missile exchanges spread to more Gulf states, adding fresh pressure on global energy supplies and diplomacy
Regional allies fear Iran could use reconstruction funding to rebuild military capabilities
Pakistan helped pull the world back from the brink of an oil crisis, but at home, it is still pulling itself back from the brink of an economic crisis
The facility is expected to be named the Reconstruction and Development Fund under the proposed framework
Scott Bessent directs a team to assess damage costs in Gulf allies
Iraq and Kuwait revenues plunge, while Iran, Oman, Saudi rise