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The Business Standard

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October 11, 2026

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SUNDAY, OCTOBER 11, 2026

Iran-US

Iran-US

A shopkeeper works at his shop in a local market in Tehran, Iran, September 26, 2026. Photo: Reuters

Iranians stagger under soaring costs of seven months of war

From an engineer forced out of Tehran by high rent to a woman forced to stop smoking because of the ‌price of cigarettes and carers struggling to buy medicines, all areas of daily life are affected.

Iranian President Masoud Pezeshkian speaks during a meeting in Ilam, Iran, June 12, 2025. Photo: Iran's Presidential website/WANA (West Asia News Agency)/Handout via REUTERS/File Photo

Iran no longer trusts talks with Washington: Pezeshkian

Chess pieces are seen in front of displayed Iran's and US flags in this illustration taken January 25, 2022. REUTERS/Dado Ruvic/Illustration

Iran ready to reopen Strait of Hormuz if US eases military pressure and lifts blockade

Vehicle transports the coffin of Iran's late Supreme Leader Ayatollah Ali Khamenei, who was killed on February 28 in Israeli and U.S. airstrikes, and coffins of his family members, on the day of his burial, in a culmination of a mass funeral, in Mashhad, Iran.  Photo: REUTERS/Alkis Konstantinidis

Iran says it hit US military targets in Gulf, lays Khamenei to rest

Women hold an image of Iran's late Supreme Leader Ayatollah Ali Khamenei as they walk to pay their respects near the coffins of Khamenei and his family members, on the day international delegates participate in a farewell ceremony for Khamenei, who was killed on February 28 during Israeli and US airstrikes on Iran, at the Imam Khomeini Grand Mosalla in Tehran, Iran on 3 July 3 2026. Photo: Reuters

Khamenei lies in state in Tehran as Iran begins week of funeral ceremonies

Israeli tanks manoeuvre in Lebanon, after Israel and Lebanon signed a framework agreement following US-mediated talks, as seen from northern Israel, 27 June 2026. Photo: Reuters

Senior Lebanese official slams US-brokered deal with Israel, warns of divisions

US Vice President JD Vance. Photo: Collected/File photo

Vance warns US will respond to any Iran attack with 'violence'

People walk next to a symbolic mock-up of an Iranian missile, on a street in Tehran, Iran, 11 June, 2026. Majid Asgaripour/WANA (West Asia News Agency) via REUTERS

Trump says deal to end war will be signed on Sunday, Iran questions timing

Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the US-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. Photo: File/Reuters

Iran allowing transit of Chinese vessels in Strait of Hormuz, Fars news reports

A map showing the Strait of Hormuz and Iran is seen behind a 3D printed oil pipeline in this illustration taken June 22, 2025. Photo: REUTERS/Dado Ruvic/Illustration//File Photo

Iran closes Strait of Hormuz again over US blockade after brief reopening

Iran's Supreme Leader Ayatollah Ali Khamenei meets with a group of girls in Tehran, Iran, on 3 February 2023. Photo: Office of the Iranian Supreme Leader/WANA (West Asia News Agency)/Handout via REUTERS

Iran's Ali Khamenei, who based iron rule on fiery hostility to US and Israel, killed at 86

File photo of Lebanese Prime Minister Nawaf Salam. Photo: Collected.

Lebanon refuses to be drawn into Iran conflict: PM

Iran's supreme leader Ali Khamenei and US president-elect Donald Trump. Photo: Collected

Iran suspends plans to strike Israel following Trump's election victory, NYT reports

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