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Iran
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Turkish President Erdogan Calls for Reopening of Strait of Hormuz Amid Oil Disruption
Turkish President Recep Tayyip Erdogan stated that global oil flows must resume, adding that both Turkey and Iran support keeping oil moving through the strategic waterway.
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US Officials Offer Differing Views on Iran Pressure Campaign's Effectiveness
Acting Principal Deputy Assistant Secretary for Near Eastern Affairs Jen Gavito stated that sanctions alone are unlikely to provide an "off ramp" for Iran, while retired Vice Adm. Robert Harward argue
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Bloomberg: US-Iran MOU expires, but full-scale conflict unlikely to immediately erupt, diplomatic efforts in Strait of Hormuz continue
Bloomberg Middle East correspondent Dan Williams analyzes that the expiration of the US-Iran Memorandum of Understanding (MOU) itself is unlikely to trigger an all-out war, and diplomatic efforts rega
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Al Jazeera: US-Iran War and Naval Blockade Cripple Iranian Economy, Annual Inflation Reaches 88%, President Pezeshkian Considers Raising Gasoline Prices
Reports indicate that Iran's annual inflation rate has reached approximately 88%, with food inflation exceeding 128%, and oil and fat commodity inflation soaring to 261%. Youth unemployment has risen
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India has directed state-owned and private refiners to significantly increase liquefied petroleum gas (LPG) production to bolster domestic supply, due to ongoing uncertainty in the Strait of Hormuz (which accounts for 90% of its LPG imports) caused by the Iran war.
India has directed state-owned and private refiners to significantly increase liquefied petroleum gas (LPG) production to bolster domestic supply, due to ongoing uncertainty in the Strait of Hormuz (w
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Iran's Foreign Ministry: An agreement has been reached with Oman on a navigation plan for the Strait of Hormuz, but the foreign minister stated this does not mean the strait has reopened.
Iranian Foreign Ministry spokesman Baghaei announced on August 15 that despite US obstruction, Iran has reached an agreement with Oman on a navigation plan for the Strait of Hormuz waterway. However,
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Qatar denies Iran's claim of capturing three Iranian pilots after downing two fighter jets on March 2, 2026, during a military operation at the start of the US-Iran war.
Iran's Brig Gen Mohammad Bagherzadeh stated in a letter to the International Committee of the Red Cross (ICRC) that three pilots—Javad Salehi, Abdul Majid Dashtian, and Imran Behroshian—have been held
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BlackRock CEO Larry Fink previously stated that if the Iran war is resolved, oil prices could be halved to $40/barrel, and analysis suggests that NVIDIA could benefit from this.
BlackRock CEO Larry Fink previously stated that if the war in Iran is favorably resolved and Iranian oil returns to the global market, oil prices could fall sharply, even by half, to $40/barrel. The a
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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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Trump downplays speculation of strike on Iran, but says US is "locked and loaded" while stating there are no immediate strike plans and negotiations are underway
Trump downplays speculation of strike on Iran, but says US is "locked and loaded" while stating there are no immediate strike plans and negotiations are underway
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Donald Trump told the Financial Times that the U.S. "seems to be getting everything we want" on the Iran issue.
Donald Trump told the Financial Times that the U.S. "seems to be getting everything we want" on the Iran issue.
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Yemen's Foreign Minister says Houthis are "not ready for peace" and accuses Iran of employing them
Yemen's Foreign Minister Afrah al-Zouba stated that Houthi rebels are unwilling to strike a peace deal with the internationally recognized government to end the country’s 12-year civil war. Speaking a
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An oil tanker was struck by two "unidentified projectiles" near the Strait of Hormuz, hitting the engine room.
The United Kingdom Maritime Trade Operations (UKMTO) reported that an oil tanker was struck in the engine room by two "unidentified projectiles" 26 kilometers (14 nautical miles) northeast of the coas
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The Iranian military stated that it has updated its target list for US and Israeli assets in response to any new attacks.
Ali Abdollahi, Chief of the General Staff of the Armed Forces of Iran, stated that the military has updated its target list concerning U.S. and Israeli assets. Abdollahi warned that all military facti
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Former Republican Congressional Staffer Warns: War with Iran Could Cost Republicans Politically
Former Republican congressional staffer John Feehery said that President Donald Trump needs to end the war with Iran to allow the American public to "return to affordability," otherwise the Republican
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Israel warns Iran may be preparing to use chemical weapons, causing deep divisions within the Trump administration; U.S. forces reportedly plan to launch strikes as early as November 4.
Israel has warned U.S. intelligence officials that Iran may be preparing to use chemical weapons, a claim that has caused serious divisions within the Donald Trump administration. Some U.S. officials
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The DXY rose with Treasury yields, as markets focused on the situation in Iran over the midterm elections.
The DXY rose with Treasury yields, as markets focused on the situation in Iran over the midterm elections.
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A spokesperson for the Iranian negotiating team stated that "no new agreement was reached" in the latest exchange of peace proposals with the United States, but discussions are ongoing; Iran is prepared to deliver a "crushing response" to any attack.
A spokesperson for the Iranian negotiating team stated that "no new agreement was reached" in the latest exchange of peace proposals with the United States, but discussions are ongoing; Iran is prepar
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The US has reportedly approved Qatar's proposal and is awaiting Iran's response.
The US has informed Qatari mediators that it has approved the submitted proposal, according to senior sources cited by Al Arabiya English. The mediators are now awaiting Iran's response. This report p
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Iran security chief Rezaei states US must "fully and explicitly" address Iran's seven conditions for Strait of Hormuz to reopen, as US response was "not convincing"
Iran security chief Rezaei states US must "fully and explicitly" address Iran's seven conditions for Strait of Hormuz to reopen, as US response was "not convincing"
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Qatar's Foreign Ministry spokesperson stated that Qatar still hopes the United States and Iran can reach an agreement.
Qatari Foreign Ministry spokesperson Majed Al-Ansari stated that regional neighbors and international partners are working together to facilitate an agreement between the United States and Iran, confi
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Iran's Rezaee stated that the Strait of Hormuz will remain closed until the United States meets Iran's seven conditions.
Iran's Rezaee stated that the Strait of Hormuz will remain closed until the United States meets Iran's seven conditions. He emphasized that the U.S. response to Iran's demands has been insufficient, a
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Iran may announce nuclear concessions in exchange for the US unfreezing some funds, Al-Araby Al-Jadeed reported, citing sources.
Iran may announce concessions on its nuclear program in exchange for Washington releasing some of Tehran's frozen funds, Al-Araby Al-Jadeed reported, citing sources close to the negotiating teams. The
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Iranian President Pezeshkian: A return to war benefits no one; Iran is still seeking to resolve the crisis through dialogue.
Iranian President Masoud Pezeshkian stated that a return to war benefits no one, and Iran is still attempting to resolve the crisis through dialogue. This follows reports of a U.S. attack on Qeshm Isl
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The US has approved a draft memorandum of understanding submitted to Iran by Qatari mediators, according to Al-Araby Al-Jadeed.
The US has reportedly approved a draft memorandum of understanding submitted to Iran by Qatari mediators, according to Al-Araby Al-Jadeed, citing sources close to the mediation team. Both sides are sa
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Iran's Armed Forces Chief of Staff proposes five regional security conditions, while Qatar states that the U.S. and Iran are considering a proposal to resume negotiations.
Major General Ali Abdollahi, Chief of Staff of the Iranian Armed Forces, has proposed a five-condition roadmap for achieving lasting security: an end to hostilities on all fronts, including Lebanon an
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Qatar Foreign Ministry Spokesperson: All efforts are being made to bridge the differences in the US-Iran conflict, remaining hopeful for a solution.
Majed Al-Ansari, spokesperson for Qatar's Ministry of Foreign Affairs, stated today at a press conference that Qatar is making every effort to bridge the differences in the conflict between the United
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Qatari mediators expect feedback from the US and Iran within 36 hours on a new proposal to advance talks, according to an official briefed on the talks to Reuters.
Qatari mediators expect feedback from the US and Iran within 36 hours on a new proposal to advance talks, according to an official briefed on the talks to Reuters.
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Israeli military spokesperson denies involvement in attack on Iran's Qeshm Island.
Israeli military spokesperson denies involvement in attack on Iran's Qeshm Island.
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Analyst: US-Iran Diplomacy and Force Parallel Under Qatari Mediation, No Fundamental Breakthrough Achieved
According to Al Jazeera, Zeidon Alkinani, founding director of the Arab Institute for Cognition, stated that diplomacy and force between the US and Iran "are running in parallel" following the US's "d
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Iran rejects US "top-down attitude" as "unacceptable" amid diplomatic talks
Iran's Foreign Ministry spokesperson criticized Washington's approach as "unacceptable," stating Tehran will not tolerate a "top-down attitude." The spokesperson cited US violations of international p
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Iranian soldier killed in clash with 'hostile group'
A member of the Iranian army’s ground forces was killed in a clash with a hostile group in the country's southeast, according to Iran’s Tasnim news agency. Another soldier was reportedly injured in th
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Iran's Islamic Revolutionary Guard Corps (IRGC) reported that three oil tankers exploded after hitting mines in the Strait of Hormuz.
The IRGC stated that the tankers had turned off their geolocation tracking systems while passing through the southern Strait of Hormuz without Iran's permission. Iran had previously issued multiple wa
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The Current State of Digital Currency Trading Platforms and Regulatory Challenges in Iran, with a Discussion of Hopoo Exchange
Iran is actively developing digital currencies to circumvent international trade restrictions amid global sanctions. The country has enacted regulations for Bitcoin mining and plans to launch a central bank digital currency. However, the United States has imposed sanctions on several major Iranian cryptocurrency exchanges, including Nobitex, accusing them of facilitating sanctions evasion and potential involvement in illicit activities. These sanctions have significantly impacted the Iranian crypto market, yet local users continue to trade through centralized platforms. The article also briefly introduces Hopoo Exchange, a U.S.-based exchange founded in 2019.
Iran
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