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Iran
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Bloomberg Economics Defense Lead Becca Wasser warns US-Iran conflict risks becoming a protracted war
Wasser explains that shifting US objectives and neither side securing a decisive military victory make a lasting resolution difficult. She adds that repeated pauses could allow both sides to adapt and
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The U.S. Strategic Petroleum Reserve is approaching levels that could damage its storage caverns due to rapid releases, with inventory falling below 300 million barrels for the first time in 40 years.
According to data from the U.S. Department of Energy, after releasing 172 million barrels to counter supply disruptions caused by the Iran war, the Strategic Petroleum Reserve (SPR) will fall to appro
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Yemen's government says Houthi rebels attacked the Red Sea port city of al-Makha, killing at least four people.
Yemen's internationally recognized government said the Houthi movement fired six ballistic missiles on Friday at the Red Sea port city of al-Makha, killing at least four civilians and burning several
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Iran's Deputy Foreign Minister Araqchi says mediators Qatar and Pakistan are exchanging messages with Iran, but this does not mean talks, according to ISNA.
Iran's Deputy Foreign Minister Araqchi says mediators Qatar and Pakistan are exchanging messages with Iran, but this does not mean talks, according to ISNA.
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Retired US Army Brigadier General Kimmitt: Winning Iran War Requires Patience
Retired US Army Brigadier General Mark Kimmitt stated that winning a war with Iran will require patience from the United States, as Iran follows a model of resistance and considers not losing to be a
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Brent crude approaches $100 amid Hormuz attacks and stalled US-Iran talks, despite a large US crude inventory build
Brent crude is set for a 5% weekly gain, with prices nearing $100 per barrel, as Iran escalates strikes on ships in the Strait of Hormuz and US-Iran settlement hopes fade. Although a 17-million-barrel
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Japan considers state reinsurance for tankers to ensure crude supplies amid Iran war
Japan is weighing providing last-resort reinsurance coverage for oil tankers traveling in dangerous areas such as the Middle East, including the Strait of Hormuz, aiming to mitigate risks from the ong
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U.S. Treasury Secretary Besant stated that the United States will announce "unprecedented" economic sanctions against Iran next week.
U.S. Treasury Secretary Scott Bessent said Thursday that the measures, aimed at strengthening the Donald Trump administration's efforts to force Tehran to surrender after nearly six months of war, wou
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U.S. refiners Marathon Petroleum (MPC), Phillips 66 (PSX) and Valero Energy (VLO) earned combined record profits of $12.6 billion in Q2, boosted by the Iran war.
U.S. refiners Marathon Petroleum (MPC), Phillips 66 (PSX) and Valero Energy (VLO) earned combined record profits of $12.6 billion in Q2, boosted by the Iran war.
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Israeli Prime Minister Netanyahu calls UK "United Islamic Republic," drawing criticism from British Jewish groups.
Israeli Prime Minister Benjamin Netanyahu sarcastically referred to the UK as the "United Islamic Republic of Great Britain" in a podcast aired on Thursday, a remark made amid increasingly strained re
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The US threatens to impose an "indefinite" naval blockade and unprecedented economic sanctions on Iran, while Iran insists the Strait of Hormuz remains blocked.
U.S. Secretary of Defense Pete Hegseth stated on Thursday that the U.S. Navy can maintain a blockade of Iranian ports "indefinitely" by rotating ships to sustain a military presence in the region. U.S
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US Treasury Secretary Bessent: The United States will implement "unprecedented economic measures" against Iran, combining economic isolation and a continued blockade of the Strait of Hormuz.
U.S. Treasury Secretary Scott Bessent stated that these measures would be a combination of "economic isolation unseen before in the world" and "a continuous blockade of the Strait of Hormuz," aimed at
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Norwegian Foreign Minister: US war on Iran "not smart", failed to achieve goals and strengthened Tehran hardliners
Norwegian Foreign Minister Espen Barth Eide stated that the U.S. war against Iran was "not smart," failed to achieve its initial goals, and strengthened hardliners in Tehran. He called for the restora
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UAE accuses Iran of attacking two ADNOC vessels in Strait of Hormuz, calls it 'piracy' and threat to global energy security
The UAE Ministry of Foreign Affairs stated that two vessels affiliated with the Abu Dhabi National Oil Company (ADNOC) were attacked on Thursday evening while transiting the Strait of Hormuz. No injur
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Oil prices stalled recently, as progress on a deal to end the Iran war was limited, with traders focusing on oil flows through the Strait of Hormuz.
Oil prices stalled recently, as progress on a deal to end the Iran war was limited, with traders focusing on oil flows through the Strait of Hormuz.
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The U.S. military lost at least 45 MQ-9 Reaper drones in the Iran war, accounting for 25% of its pre-war fleet, with losses potentially exceeding $1.3 billion. The Pentagon is seeking $67 billion to replenish its arsenal.
The U.S. military lost at least 45 MQ-9 Reaper drones in the Iran war, accounting for 25% of its pre-war fleet, with losses potentially exceeding $1.3 billion. The Pentagon is seeking $67 billion to r
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U.S. preparing to deploy USS George Washington aircraft carrier to Middle East, replacing USS Abraham Lincoln after over 250 days of deployment supporting operations against Iran
The USS Abraham Lincoln spent over 250 days deployed, including a record 200 days without a port call, while supporting U.S. operations against Iran. Lawmakers have raised concerns regarding reported
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US sends new aircraft carrier to Middle East over Iran war tensions
US sends new aircraft carrier to Middle East over Iran war tensions
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U.S. Defense Secretary Hegseth: U.S. Can Hold Blockade on Iran as Long as Needed
U.S. Defense Secretary Hegseth: U.S. Can Hold Blockade on Iran as Long as Needed
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Iranian media: Another oil spill in the Strait of Hormuz has affected Iran's Qeshm Island coastline and mangrove forests.
Iranian media reported on Wednesday another oil spill in the Strait of Hormuz, which has affected the coastline of Iran's Qeshm Island and an environmentally sensitive mangrove forest. A spokesperson
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Bitcoin and Ethereum prices both fell 0.2% at Thursday's open, with Bitcoin's daily, weekly, monthly, and yearly price trends all turning negative.
At 8:00 AM ET on Thursday, August 13, Bitcoin opened at $63,410.39, down 0.2% from Wednesday's opening price; Ethereum opened at $1,878.08, down 0.2% from Wednesday's opening price. As of 8:29 AM ET,
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The Governor of the Central Bank of Iran announced that Iran will join the BRICS New Development Bank.
Iran will join the BRICS New Development Bank (NDB), Central Bank of Iran Governor Abdolnaser Hemmati said on Thursday, a move aimed at strengthening its economic alliances amid nearly six months of o
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Iran says it fully controls the Strait of Hormuz, according to IRIB.
Iran says it fully controls the Strait of Hormuz, according to IRIB.
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Iran's FARS News Agency Reports Oil Spill Cleanup in Strait Reaches Final Stages
Iran's FARS News Agency Reports Oil Spill Cleanup in Strait Reaches Final Stages
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Chinese tech giant Huawei faces landmark criminal trial in the US, accused of theft, fraud, and sanctions violations.
U.S. prosecutors in Brooklyn federal court depicted Huawei as a "criminal enterprise," accusing it of stealing technology from American companies, defrauding banks, and circumventing sanctions against
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Iran warns of potential new attacks by the US, threatening continued retaliation.
Iran stated it has obtained intelligence indicating the U.S. and its allies are preparing a major new attack, Reuters reported. Tehran's military command warned that any strike would trigger sustained
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Qatar Airways CEO Says Iran War Was Its ‘Largest Crisis’ Ever
Qatar Airways CEO Hamad Al-Khater stated that the ongoing conflict in Iran has proven to be the biggest test for the airline in its more than 30 years of operation, and the company has taken measures
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Iran pushes for mass civilian mobilization, IRGC says over 600,000 registered this week
Iranian authorities are promoting a large-scale mobilization campaign called "Janfada" (meaning "devotee"), aimed at training and arming civilian volunteers as part of the Basij militia under the Isla
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The U.S. State Department urges citizens to reconsider travel to the Middle East, and the Iranian Parliament Speaker reiterates that the Strait of Hormuz will remain closed.
The U.S. State Department issued a warning Saturday night, urging American citizens to reconsider travel to the Middle East, citing the potential for rapid escalation of the conflict with Iran. This f
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US companies, especially manufacturers and retailers, are being squeezed by tariffs, soaring fuel costs from Iran war, and rising interest rates
American companies, particularly those in manufacturing, auto supply, retail, and transportation, are facing a triple squeeze. Tariffs under Trump's trade policies are increasing raw material costs, t
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Iran's security chief says conditions for ending war with US, including lifting naval blockade and unfreezing funds, sent to Washington via Qatar; awaits Trump's response
Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, told Al Jazeera in an exclusive interview on Saturday that Tehran has conveyed a formal set of conditions to Washington through Qa
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Iran's Top Security Official Says Qatar Has Conveyed Tehran's Conditions to Washington to End War, Awaiting Trump Response - Al Jazeera Interview
Iran's Top Security Official Says Qatar Has Conveyed Tehran's Conditions to Washington to End War, Awaiting Trump Response - Al Jazeera Interview
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Iran's top security official stated that Tehran hopes the war between Saudi Arabia and Yemen will end.
Iran's top security official stated that Tehran hopes the war between Saudi Arabia and Yemen will end.
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Pakistan urges Iran to protect energy supplies and shipping, as high-ranking officials from both countries are set to meet.
Pakistan's Deputy Prime Minister and Foreign Minister, Ishaq Dar, spoke with Iranian Foreign Minister Abbas Araghchi on Saturday, emphasizing the importance of uninterrupted energy supplies and the sa
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Iran's car market prices surge 40-130% since February, with officials calling it a 'mafia system', highlighting cost-of-living crisis
Domestic car prices in Iran have mostly risen 40% to 80% since the start of the war in February, with some vehicles selling for over 130% of their September 2025 costs. This makes even locally made ca
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Brent crude oil surged to $132 this week after the Saudi East-West Pipeline was attacked and shut down, forcing Saudi Arabia to rely on high-cost "relay oil transportation" via the Strait of Hormuz.
A drone launched from Iraq by Iranian-backed militants recently struck Saudi Arabia's East-West oil pipeline, forcing its shutdown, the Wall Street Journal reported. The pipeline, previously a critica
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MarketWatch Analysis: Oil Prices and Energy Stocks Would Be Hit by a Sudden End to Iran War, But Company Insiders Are Still Buying
MarketWatch analysis suggests that despite a sudden end to the Iran war potentially leading to a drop in oil prices and energy stocks, company insiders are still buying these related stocks, indicatin
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Turkey Revokes Operating License of Iran's Bank Mellat Istanbul Branch
Turkey's banking regulator (BDDK) announced in the Official Gazette on Saturday that it has revoked the operating license of Iran's Bank Mellat Istanbul branch. The agency stated that this move was ma
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Al Jazeera: The U.S. Department of Defense is considering withdrawing one-third of its troops from Europe after allies refused to provide bases for operations against Iran.
The U.S. Department of Defense is considering a proposal to withdraw approximately one-third of its troops (around 22,000 soldiers) from Europe, primarily affecting garrisons in Germany, Italy, and Sp
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Trump extends sanctions on Iran, Sanaa residents take to streets in support of Houthis.
Former U.S. President Donald Trump has extended sanctions against Iran. Meanwhile, thousands of Houthi supporters demonstrated in the streets of Sanaa.
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U.S. President signs H.R. 5334 bill, expanding sanctions on Russia and extending sanctions on Iran.
On Friday, September 18, the President of the United States signed H.R. 5334, the "Lindsey O. Graham Sanction Russia and Iran Act of 2026." This bill authorizes and expands statutory sanctions, tariff
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US Pentagon: Military operations against Iran have cost $43.6 billion, excluding losses to Middle East bases.
The Pentagon has informed Congress that as of September 3, 2026, the U.S. has spent $43.6 billion on military operations against Iran, Bloomberg reported. This includes approximately $11.2 billion in
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Trump: Iran war will end soon
Trump: Iran war will end soon
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Iran holds massive government-organized rallies, with hundreds of thousands vowing to sacrifice for the nation, and the president stating the aim is to send a message of unity to the US and Israel.
According to Al Jazeera, approximately 313,000 volunteers gathered in central Tehran for an event aimed at highlighting "self-sacrifice for Iran," where the Iranian government showcased weapons such a
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Al Jazeera Analysis: Iran's Pressure in the Middle East Strains Relations with Gulf States
Commentators note that Tehran's pressure in the Middle East is increasingly straining its relations with Gulf states. This follows Iran's direct attack on Saudi Arabia, which led Riyadh to expel Iran'
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Polls show: US voters' opposition to war with Iran hits record high, 71% believe the Trump administration lacks a clear strategy
A Fox News poll released Thursday shows that 71% of American voters believe the Trump administration "lacks a clear strategy" to end the conflict with Iran, which has led to rising inflation and soari
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Analysis: China's Crude Oil Imports Show Signs of Rebound, Potentially Eroding Global Oil Price Buffer
Analysts point out that China's crude oil imports have shown early signs of recovery after months of subdued purchases due to the US-Israel war with Iran, which could erode the buffer that previously
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Blockchain malware activity jumps 440% as AI lowers the barrier for North Korea and Iran-linked hackers
Chainalysis reports that state-linked hackers, particularly those tied to North Korea and Iran, are increasingly using public blockchains to maintain malware infrastructure, accounting for roughly two
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