Iranian officials on Wednesday celebrated U.S. voters’ rebuke of the Republican Party and President Donald Trump in the midterm elections, as the region
“Today Americans vote. The decision to use the first nuclear weapon since 1945 gets no vote. So now is the time for all of us to understand the consequences:
Three violating oil tankers exploded and caught fire after hitting mines while crossing the unauthorized southern route of the Strait of Hormuz over the past
WANA (Oct 29) – Iran’s Islamic Revolutionary Guard Corps (IRGC) has announced the interception and destruction of a U.S. MQ-1 drone in the eastern Strait of
Iran's navy says an oil tanker caught fire after hitting naval mines east of the Strait of Hormuz, after entering what it calls a prohibited area with its tracking switched off. It named no ship, flag or casualties, and the claim has not been independently confirmed. It comes as Saudi Arabia, Pakistan and Turkey push for new talks between the US and Iran over the strait. aljazeera.com/news/liveblog/20… #Iran #Hormuz #Oil #Shipping
"The deeper insight is that markets don’t value inventories in isolation. They value inventories in the context of the system’s capacity to replace them." < #iran #hormuz #energycrisis summed up in one sentence.
The whole is more than the sum of its parts. That was Aristotle’s conclusion. Yet much of our analysis of the Persian Gulf war remains focused on the parts. The conflict has disrupted millions of barrels per day of oil movements.
Ukrainian forces continue to experience disruptions to critical battlefield communications despite Donald Trump's assertion that restrictions have been removed, raising fresh questions about Kyiv's dependence on an American-controlled satellite netwo…
Iran's state television says seven oil tankers caught fire or were damaged in the Strait of Hormuz overnight. Quoting the Revolutionary Guard's navy, it said four were targeted while transferring oil and three hit naval mines and were immobilised. No details on casualties or the ships' flags. If verified, AP says it would be the most vessels damaged there in a single day since the US and Israel struck Iran on February 28. The report also warned that the Guard may target US bases in the region if the US tries to let tankers pass through other parts of the strait.
In Saudi Arabia, the death toll from a Wednesday night attack on King Fahd International Airport rose to two, a Saudi and an Indian national, with eight injured. The Houthis claimed it. Yemen's Defence Ministry now says Houthi rallies will be treated as legitimate military targets.
Iranian Foreign Minister Abbas Araghchi said Tuesday that negotiations with the US were continuing through intermediaries, including Qatar and Pakistan, and
It's expensive out there: Gas prices have been stuck at over $4 a gallon for more days this year than any other. The war in Iran shows no signs of cooling
ERBIL, Kurdistan Region - Iranian Foreign Minister Abbas Araghchi said on Sunday that the Strait of Hormuz could reopen within seven days if the United States
