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Booming indexes don't erase the impact of the war, with the World Bank warning that conflict-related disruptions could last for months.
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Meanwhile, U.S. Treasury Secretary Scott Bessent warned that the U.S. will ramp up its infliction of economic pain on Iran.
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President Trump's attack on Pope Leo has touched off an argument about a framework for determining when war is justified.
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Concerns over the Iran war led several Democratic senators who had rejected past bids to curb weapons transfers to Israel to vote to block the sale of bulldozers and bombs.
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President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes.
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Amid war with the U.S., Iran's participation in the World Cup is uncertain. But FIFA President Gianni Infantino tells CNBC they will play in North America.
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More than a dozen U.S. Navy warships are enforcing a blockade on all vessels from all nations entering or leaving coastal areas or ports in Iran.
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;Resize=(620)) Andrew Chang explains what's keeping the U.S. and Iran from reaching a peace agreement following six weeks of ongoing war and a recent marathon negotiating session in Pakistan.
Images provided by The Canadian Press, Reuters, Adobe Stock and Getty Images
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Asia markets opened higher, with Nikkei at an all-time high after Wall Street hit record levels on growing expectations of a U.S.-Iran deal to end the war.
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The S&P 500 hit an all-time high Wednesday, a remarkable turnaround for stocks while the war with Iran drives up energy prices and cuts into global growth.
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Fighting that erupted in 2023 has forced millions from their homes and left widespread hunger that is now being compounded by strife in the Middle East.
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A court fight over Itamar Ben-Gvir, an extremist who oversees the police, pits the attorney general against Benjamin Netanyahu and his right-wing government.
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Our national security correspondent David E. Sanger examines what the Iran war means to China, which is the world's biggest importer of Iranian oil.
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;Resize=(620)) Three years on from the outbreak of war in Sudan in April 2023, the country is in the grip of what the United Nations calls the world's worst displacement crisis, with more than 11 million people forced from their homes.
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