As neither the U.S. nor Iran seems ready to step back from the precipice, the war in West Asia is set to enter a more dangerous phase with global economic implications

Iran threatened the United States with "economic warfare" on Tuesday and said it had fired an advanced missile at US warships, underscoring the risks of further escalation in the…

At least seven oil tankers have been struck in and beyond the Persian Gulf since Tuesday evening local time, as the United States and Iran step up tanker attacks in what could…