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Saudi Arabia Shifts Oil Exports to Hormuz, Employs Dark Shipments and Ship-to-Ship Transfers Following Pipeline Damage and Red Sea Blockade
Saudi Arabia, the world's second-largest crude exporter, is rerouting crude via dark shipments and ship-to-ship transfers off Oman. This comes after drone attacks last week knocked out part of the cou
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Trump plans to meet Gulf leaders at UN next Tuesday to discuss Iran war's endgame: report
U.S. President Donald Trump plans to meet leaders from six Gulf Cooperation Council states on the sidelines of the United Nations General Assembly in New York next Tuesday, Axios reported. The discuss
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President Trump says US nearing end of war with Iran, claims direct talks with Tehran
President Trump says US nearing end of war with Iran, claims direct talks with Tehran
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U.S. military states the Strait of Hormuz remains open, having assisted in the transport of over 900 million barrels of crude oil and intercepted more than 100 non-compliant vessels.
U.S. Central Command (CENTCOM) spokesperson Captain Tim Hawkins stated on Wednesday that despite an ongoing blockade on Iranian maritime trade and attacks by the Iranian military on merchant vessels,
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Leaked photos show widespread damage to US Gulf base from Iran attack, radar jet cut in half, trailers flattened
Photos provided by active military personnel show that Iranian attacks caused widespread damage to multiple US military bases in the Gulf region, including a radar jet being severed, trailers flattene
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US diesel prices hit all-time high of $6.31/gallon, up 70% from a year ago, prompting transport companies to warn of economic drag; J.B. Hunt shares plunge 13%
Diesel prices, crucial for powering trucks and trains, reached an unprecedented $6.31 per gallon on Wednesday, a 70% surge from a year ago, attributed by analysts to supply shocks from the US-Iran war
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Sweden expelled an Iranian embassy employee, accusing Iran-backed groups of plotting against Jewish and Israeli interests within Sweden.
Sweden's Foreign Minister stated that the move aims to protect Swedish citizens and interests. Sweden's Justice Minister added that the decision concerns alleged Iranian activities targeting "Jewish a
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Former Trump ally and former Congresswoman Marjorie Taylor Greene called for an end to the war with Iran and criticized Donald Trump.
Former Republican Congresswoman Marjorie Taylor Greene stated that the war with Iran must stop because fuel prices are "too high." She also criticized US President Donald Trump's Iran war policy. Gree
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Chinese Foreign Minister Wang Yi pledges to safeguard Iran's rights and urges reopening of Strait of Hormuz
Chinese Foreign Minister Wang Yi told his Iranian counterpart, Abbas Araghchi, in Beijing on Wednesday that China is willing to strengthen dialogue and cooperation with Iran to safeguard its legitimat
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According to Fox News, a U.S. contractor vessel sailing near the Strait of Hormuz was attacked by Iranian drones and missiles this week.
The attack comes amid ongoing threats to commercial shipping in the Strait of Hormuz, one of the world's most critical energy chokepoints. Market analysis suggests that further attacks on U.S.-linked
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US House votes 220-204 to end Iran war, approving resolution to halt Trump's military action; 7 Republicans join in favor
This marks the third time the House has approved such a war powers resolution, following previous efforts this summer. However, none of these resolutions have reached President Trump's desk, where he
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Oil prices fell on Wednesday after U.S. crude inventories unexpectedly rose by 7.1 million barrels, offsetting supply concerns from the shutdown of a Saudi oil pipeline.
International benchmark Brent crude for November delivery fell 1.02% to $107.64 per barrel, while U.S. West Texas Intermediate (WTI) crude for October delivery dropped 1.29% to $104.46 per barrel. Thi
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Iraqi PM Zaidi faces struggle to control armed factions after Saudi oil pipeline attack; senior source points to 'splinter' group
A senior Iraqi Interior Ministry source believes a resistance 'splinter' group was responsible for the September 10 drone attack on Saudi Arabia's East-West oil pipeline, which originated from Iraqi t
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US CBO report: Iran war to increase inflation by 0.5% in Q1 2027, has cost $38B, and will take up to 5 years to replenish munitions
The nonpartisan Congressional Budget Office (CBO) released a report on Tuesday, finding that the six-month war on Iran has cost $38 billion, with an expected increase of $3 billion per month. The conf
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Middle East tensions escalate, with the cost of shipping US crude oil to Asia surging to a record $44.8 million.
According to data from the Baltic Exchange, as of this Tuesday, the cost to charter a Very Large Crude Carrier (VLCC) to transport 2 million barrels of crude oil from the US Gulf Coast to China has su
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Sepehran Airlines Boeing 737 cabin ripped apart after emergency landing in Mashhad, Iran, due to burst tyre and engine damage
A Sepehran Airlines Boeing 737 returned to Mashhad airport in Iran after suffering a burst tyre and engine damage shortly after takeoff. Iran faces difficulties obtaining spare parts and maintenance s
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IRNA, citing local sources, reports several explosions heard on Iran's Qeshm Island
IRNA, citing local sources, reports several explosions heard on Iran's Qeshm Island
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Republican Congressman Thomas Massie has introduced articles of impeachment, accusing U.S. Secretary of Defense Lloyd Austin of engaging in unauthorized military action against Iran without congressional approval.
Representative Thomas Massie (R-KY) on Tuesday formally introduced articles of impeachment against U.S. Secretary of Defense Hegseth, accusing him of abuse of power for ordering hostile actions agains
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Western intelligence agencies warn Iran is 'almost certainly' using 'CHOSEN BRICK' spyware to target dissidents abroad
The FBI, Britain’s National Cyber Security Centre (NCSC) and the Netherlands’ AIVD intelligence service issued coordinated advisories on Tuesday, stating that Iran’s Ministry of Intelligence and Secur
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Vance told the New York Post that the war in Iran would end after the midterm elections and enter a "very different phase."
Vance told the New York Post that the war in Iran would end after the midterm elections and enter a "very different phase." He also noted that Iran occasionally fires on merchant ships, but the United
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Former Secretary of State Blinken says Iran war "could and should be over tomorrow" with diplomacy, warns on AI advancement
Antony Blinken, former U.S. Secretary of State, stated that he believes the war involving Iran could end tomorrow through diplomacy. He also commented on rapid AI advancement, advising to "listen to t
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AWS says it cannot restore service to some facilities in Bahrain and the UAE six months after the Iranian attack.
Amazon Web Services (AWS) stated on Tuesday that more than six months after some of its cloud facilities in Bahrain and the UAE were hit by drone attacks during the early stages of the Iran war, the d
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Pentagon watchdog warns of munitions ‘shortfall’ after US spent $22bn on ordnance in first four months of Iran war
A Pentagon inspector general warned of “industrial base bottlenecks” after the US military spent $22 billion on ordnance in the first four months of the Iran war, leading to a munitions shortfall.
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Iran's foreign minister claims hundreds of U.S. military sites hit and dozens of aircraft damaged
Iran's foreign minister rejected claims that Iran is defenseless, asserting that these figures were based on Pentagon information and that Tehran will disclose additional details "in due course." The
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Iran hints at potential reopening of the Strait of Hormuz within 7 days if the US eases military pressure; WTI crude falls to $89.
According to multiple reports citing a senior Iranian official, Iran could reopen the Strait of Hormuz within seven days if the United States eases military pressure and lifts the port blockade. Follo
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Two oil tankers were attacked in the Strait of Hormuz, after Iran claimed to have received intelligence that the US was planning new attacks.
The UK Maritime Trade Operations agency reported on Monday that two oil tankers were attacked in the Strait of Hormuz. This came a day after Iran stated it had received intelligence that the United St
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Pakistan, Iran Discuss Regional Peace; Islamabad Seeks to Revive Stalled US-Iran Talks
Pakistan’s Interior Minister Mohsin Naqvi met his Iranian counterpart Eskandar Momeni in Tehran to discuss regional peace and stability, as Islamabad continues diplomatic efforts to revive stalled tal
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G7 Calls on Iran to Stop Arming Yemen's Houthis, Says Attacks on Saudi Arabia Threaten Global Energy Security
G7 foreign ministers stated in a joint communiqué that Iran must "end its arming and support of the Houthis in Yemen" and condemned Houthi attacks on Saudi Arabia "in the strongest terms." The G7 note
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Binance Responds to US Prosecutors' Investigation into Iran-Related Transactions: "Zero Tolerance" for Sanctions Violations, Will Fully Cooperate with Law Enforcement
In response to reports that U.S. prosecutors are investigating whether Binance allowed transactions related to Iran, Binance stated that the company has a "zero-tolerance policy" for sanctions violati
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The U.S. Department of Justice is investigating whether Binance violated Iran sanctions.
U.S. federal prosecutors are investigating whether Binance Holdings Ltd., the world's largest cryptocurrency exchange, violated U.S. sanctions against Iran by failing to prevent certain transactions o
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Iran's IRGC says US, Israel 'must accept withdrawal' from region
Iran's IRGC says US, Israel 'must accept withdrawal' from region
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The Trump-Xi summit is being held this week and is expected to extend the trade truce and discuss Iran.
China's Foreign Ministry confirmed on Monday that Chinese President Xi Jinping will visit the United States from Wednesday to Friday for a summit with US President Donald Trump. The two sides are expe
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U.S. diesel prices hit a record $6.51 on Monday, with top Republicans pressuring the Trump administration to ban exports.
U.S. retail diesel prices surged to a record high of $6.51 per gallon on Monday, marking an increase of over 70% since February before the outbreak of the Iran war. Republican lawmakers from agricultu
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Donald Trump stated his willingness to meet with Iranian President Pezeshkian to seek a breakthrough in the Middle East situation.
US President Donald Trump stated he is willing to meet with Iranian President Masoud Pezeshkian, who is expected to attend the UN General Assembly this week. This move comes amidst a weekend of escala
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Asian stocks are poised to rise, buoyed by optimism in tech shares; oil prices fall on hopes of diplomatic progress in the Iran conflict.
Asian stocks are poised to rise, buoyed by gains in Wall Street tech shares and hopes for diplomatic progress in the Iran conflict, which led to a drop in oil prices.
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The Trump administration proposed establishing a $5 billion Middle East reconstruction fund for critical infrastructure damaged by the war in Iran.
The Trump administration proposed establishing a $5 billion Middle East reconstruction fund for critical infrastructure damaged by the war in Iran.
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Reuters/Ipsos Poll: Donald Trump's approval rating drops to a new political career low of 32%, with Republican support falling to 73%.
Reuters/Ipsos' latest poll shows that U.S. President Donald Trump's overall approval rating has fallen to 32%, a new low in his political career. Support for his performance within the Republican Part
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U.S. diesel prices surged to a record $6.51, as Republicans weigh a diesel export ban and a gas tax holiday.
Republicans are weighing a ban on diesel exports and a gas tax holiday ahead of the midterm elections, as soaring fuel costs pressure consumers and farmers, the Wall Street Journal reported. Congressi
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Fed's Goolsbee Says 'Aggressive' Action Needed on Inflation, Citing Overheating Demand and Iran Supply Shock
Fed's Goolsbee Says 'Aggressive' Action Needed on Inflation, Citing Overheating Demand and Iran Supply Shock
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The Iranian government announced several energy-saving measures to address fuel shortages, including adjusting government office hours to 1 PM and promoting public transportation.
In response to severe fuel shortages and economic challenges, the Iranian government announced that from September 23 until the end of March 2027, government office hours will be adjusted to 8 AM to 1
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Vance says Iranian oil is still flowing
Vance says Iranian oil is still flowing
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US Treasury Secretary Bessent states Iran issue discussed with China.
US Treasury Secretary Bessent states Iran issue discussed with China.
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US Treasury Secretary Bessent: All Iranian airlines will be shut down worldwide on Sept 23
US Treasury Secretary Bessent: All Iranian airlines will be shut down worldwide on Sept 23
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US Treasury Secretary Scott Bessent said he could not say how long the conflict with Iran would last.
US Treasury Secretary Scott Bessent said he could not say how long the conflict with Iran would last.
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Iran's IRGC Spokesperson Warns of New Weapons and Unattacked Enemy Targets
An Iranian Revolutionary Guard Corps (IRGC) spokesperson reportedly stated that the world has “not yet seen the power and precision” of Iran’s new weapons. The spokesperson also claimed Iran has addit
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U.S. Representative Waltz states Trump is always open to talks, Iran needs to come to the table
U.S. Representative Waltz states Trump is always open to talks, Iran needs to come to the table
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Iran’s GDP shrank 10.1% in Q1 (March 21-June 20) amid US-Israel war, with oil and gas sector contracting 26.4%
Official data from the Statistical Center of Iran shows the country's gross domestic product (GDP) contracted by 10.1% year-on-year during the first quarter of the Persian calendar (March 21 to June 2
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Brent Crude Falls to $101.19 Amid Speculation of Trump-Iran President Meeting, Driving Rebound in French and Italian Government Bonds
Brent Crude Falls to $101.19 Amid Speculation of Trump-Iran President Meeting, Driving Rebound in French and Italian Government Bonds
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