Many Iranians fear a return to all-out war as Israeli and U.S. leaders sharpen threats ahead of elections in both countries. Israeli Prime Minister Benjamin Netanyahu says Iran's leadership must be eliminated, while U.S. President Donald Trump vows to “finish the job” eight months after the war began. A former Iranian official says Tehran expects new U.S. strikes regardless of the midterm results, and Iran has threatened U.S. bases and undersea data cables in the Strait of Hormuz. A U.S. naval blockade of Iranian ports has restricted oil exports, causing medicine shortages, record currency lows and soaring inflation. Staple prices have jumped, with rice over 60% and beef over 150% more expensive, and a supermarket trip can consume half a monthly mid-range salary of 400 million rials (roughly $150).
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on wlwt.com ↗
Keywords
Irangeopoliticsoil pricesStrait of Hormuzinflationgold
Open a keyword to see other news on the same topic.
Related tickers and likely impact
XAU/USD
▲ Likely positiveRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/23/2026 | 3,995.78 |
| Change that session | -0.72% |
DXY
▲ Likely positiveRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/23/2026 | 101.74 |
| Change that session | +0.11% |
VNINDEX
• NeutralRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/23/2026 | 1,774.15 |
| Change that session | +0.77% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- US objective is no more oil, nuclear issues, its total destruction of Iran: Foreign Affairs Expert Waiel Awwad
Expert Waiel Awwad told ANI that Washington's real aim on Iran goes beyond oil and nuclear issues, namely regime change and the “total destruction” of Iran to make Israel the region's dominant force. He linked this to US midterm election politics and said Iran sees the conflict as an “existential war,” while the US response to Tehran's diplomatic proposals remained non-committal. With crude at USD 117 per barrel, he pointed to pressure on India's energy security and inflation. The IRGC claimed control of the Strait of Hormuz after two supertankers carrying over 4.5 million barrels reportedly hit mines, and Iran said US naval vessels would not be allowed into the Persian Gulf.
- European and Middle Eastern foreign ministers urge restraint at Istanbul talks
Foreign ministers from the UK, France, Germany, Italy, Turkey, Saudi Arabia, Pakistan and Egypt met in Istanbul on Friday and urged restraint amid fears of renewed US-Israeli strikes on Iran and Houthi attacks on Saudi Arabia. Turkish Foreign Minister Hakan Fidan said military intervention was not a solution, and the ministers agreed to tell all parties that diplomacy must prevail. The group will meet regularly to address a lasting resolution of Iran's actions and to ensure freedom of navigation in Hormuz, the Red Sea and the Black Sea, where suspected Russian drone attacks have struck ships near Bulgaria and Romania. The US and Israel have reportedly discussed a major new military operation against Iran, though President Donald Trump said he would not strike again before the November 3 midterm elections. Iran has vowed a wider response to any new attack, while the US continues its military blockade of Iranian seaports.
- World shares retreat as report of damage to oil takers pushes oil prices higher
World shares and U.S. futures fell on Thursday as oil prices rose more than 2% after Iran's state television reported that seven oil tankers caught fire and were damaged in the Strait of Hormuz. If verified, it would be the largest number of vessels damaged in the waterway in a single day since the Iran war began on Feb. 28. Brent crude rose 3.2% to $112.27 a barrel, having traded between $97 and $112 recently amid uncertainty about when the global energy industry will return to normal. Asian markets slid, with Japan's Nikkei 225 down 2.7% and South Korea's Kospi down 3.5%, hit by selling in big tech and memory chip makers, while Hong Kong's Hang Seng lost 3%. Germany's DAX and France's CAC 40 also fell in early European trading.
- Trump says he won't use nuclear weapons or send ground troops to Iran
U.S. President Trump said in an interview with Newsmax that he does not intend to use nuclear weapons against Iran and does not foresee deploying ground troops. Asked about the MOAB bomb, the “Mother of All Bombs,” he said it is not nuclear but an extremely large conventional bomb. CNN reported that the U.S. military has drawn up new strike plans targeting Iranian energy infrastructure and nuclear sites, which could be carried out if Trump orders combat operations to resume before or after the midterm elections. Trump said on October 8 that he would not order a resumption of strikes before the November 3 midterms. In the Strait of Hormuz, the UK Maritime Trade Operations (UKMTO) said the threat remains “severe” after the Singapore-registered container ship GFS Pride was struck by a projectile, caught fire and sank, with eight attacks recorded since October 11.
- Iranians fear return to all - out war with US and Israeli elections
Many Iranians fear a return to all-out war as Israeli and U.S. leaders escalate threats ahead of elections in both countries, while Iran's leaders remain defiant. Israeli Prime Minister Benjamin Netanyahu, facing a close vote on Tuesday, says Iran's leadership must be eliminated, and U.S. President Donald Trump vows to "finish the job" eight months after the war began, as a third aircraft carrier and thousands of troops head to the region. Some fear attacks just after the U.S. midterms on Nov. 3. The U.S. naval blockade of Iranian ports has restricted oil exports, the currency has hit record lows, inflation has soared, and medicine shortages have emerged. Former government official Sasan Karimi says economic pressure will not change Iran's negotiating position.
- Iranians fear a return to all - out war with US and Israeli elections
Many Iranians fear a return to all-out war as Israeli and U.S. leaders sharpen threats ahead of elections in both countries, while Iran's leaders remain defiant under mounting pressure. Israeli Prime Minister Benjamin Netanyahu says Iran's leadership must be eliminated, and U.S. President Donald Trump vows to 'finish the job' eight months after the war began, as a third aircraft carrier and thousands of troops head to the region. A U.S. naval blockade of Iranian ports has restricted oil exports, pushing the currency to record lows and inflation higher, while Iran has threatened new targets, including undersea data cables in the Strait of Hormuz. Staple prices have surged, with rice over 60% more expensive and beef over 150%, and a supermarket trip can use up half a monthly mid-range salary of 400 million rials (roughly $150). Some Tehran residents are preparing to leave the city.
Related markets
Latest news
- Stock-Split Watch: Is Sandisk Next?
Sandisk (SNDK) shares have risen 3,136% since its February 2025 IPO at $38, reaching $1,246, an average annualized return of 718% over about 18 months. The stock peaked at $2,335 on June 25, roughly 6,500% above its debut price, as AI-driven demand for NAND flash and solid-state drives outstripped supply and lifted pricing power and earnings. The article says the high share price makes Sandisk a candidate for a stock split, but management has not mentioned one, so it remains speculation. Analysts expect the stock to rise another 77% to $2,225 over the next 12 months. The article cites Booking Holdings' 25-for-1 split on April 2 and CrowdStrike's 4-for-1 split on July 2 as recent examples, with Booking up about 10% in the two weeks after its split.
- What Will 10 Ethereum (ETH) Be Worth by 2030?
The article estimates what 10 Ethereum (ETH) could be worth by 2030 under different price scenarios. At about $2,335 per ETH, 10 ETH is worth about $23,350, and ETH trades 52.8% below its all-time high of $4,946. The price fell 12.5% over the past month and 40.4% over the past year, but rose 24.6% over the last 90 days from a June low of $1,505. The article calls $5,000 the most realistic base case, which would make 10 ETH worth $50,000, while $10,000 (a market cap above $1 trillion) appears less likely. If ETH falls below $1,505, a bear case could leave 10 ETH valued at just $15,000. The piece also notes that cumulative net inflows into U.S. spot Ethereum ETFs fell to $12.7 billion, and that JPMorgan's and BlackRock's tokenization moves on Ethereum have had little immediate effect on the price.
- More pain may be coming for the AI trade. Why I’m not giving up on it
The author argues the AI trade is collapsing, using Meta as an example: a large earlier rally has largely faded after the company announced a huge prospective capital raise to fund infrastructure it had expected to self-fund. He asks whether Microsoft, Alphabet or Amazon could face similar pressure, and names consumer staples such as Kimberly-Clark, Coca-Cola and Procter & Gamble as alternatives. The article also cites local opposition to data centers over water use and electricity rates, and Nvidia's support for neoclouds such as CoreWeave, Nebius and Iren, which buy its chips. CoreWeave's stock fell sharply over its high-yield debt, and its ability to service that debt was questioned as funding from the prospective IPOs of Anthropic and OpenAI remained unclear. The author maintains that AI is not going away.
- 3 Genius Quantum Computing Stocks to Buy Now
The article argues useful quantum computing may arrive sooner than many investors expect, with industry leaders now pointing to 2029 instead of 2030. The author proposes a basket of three stocks ranging from aggressive to conservative: IonQ, Alphabet and Nvidia. IonQ is described as the most aggressive pick, with a 256-qubit system due next year and several systems already sold via preorder, though its risks are high. Alphabet is developing its Willow chip and could offer quantum computing through Google Cloud, while Nvidia is called the most conservative pick because it focuses on GPUs and has developed NVQLink to connect quantum computers to existing infrastructure. The article notes that Alphabet, which self-funds its quantum work, may be quieter about its progress without that signaling trouble.
- 5 Insurance Stocks to Buy for a Decade of Rising Dividends
The article highlights five insurance stocks, Aflac (AFL), Chubb (CB), Cincinnati Financial (CINF), Old Republic (ORI) and Travelers (TRV), which the author considers suited to long-term, dividend-focused investors. Aflac has raised its dividend for 45 consecutive years and has a forward dividend yield of about 2%, while its outstanding share count has fallen by nearly 100 million, or nearly 16%, since 2022; however, its latest dividend increase was only 5.1%. Chubb delivered 105% total returns over five years versus 83% for the S&P 500, with a forward dividend yield of 1.15% and a 33-year record of consecutive dividend growth. Cincinnati Financial has raised its dividend for 66 consecutive years, but reported underwriting losses in Q2 with a combined ratio above 100%, and 40% of its investment portfolio is in stocks.
- NuScale Power Trades Below $6 With the Only NRC-Certified Small Modular Reactor Design. Here's Why That Still Isn't Enough.
NuScale Power is the only small modular reactor provider with design approval from the U.S. Nuclear Regulatory Commission (NRC), and its components are already in commercial production, but it has not secured any binding commercial power purchase agreements for a full-scale plant. Second-quarter revenue was just $75,000 against a consensus estimate of nearly $9 million, while the net loss widened from $37.6 million to $50.1 million. The company holds almost $2 billion in cash and equivalents and has no debt, but faces a class action lawsuit alleging it misled investors about partner ENTRA1's capabilities, which NuScale denies. The author argues these headwinds outweigh the NRC approval and suggests investors wait until the legal issues are resolved and a revenue stream is secured.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.