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Iranian Foreign Minister Seyed Abbas Araghchi cited a U.S. report on Operation Epic Fury to push back against portrayals of Iran as defenseless, pointing to damage to U.S. military facilities and aircraft during the conflict. Araghchi Pushes Back on Iran’s Military Weakness On Tuesday, Araghchi wrote on X that the clai
Iranian attacks have inflicted substantial damage on U.S. bases and aircraft in the Middle East, as the cost of the war has been estimated at $33.4 billion as of the end of June. A Lead Inspector General report to Congress, released by the U.S. Department of Defense on Monday, detailed the impact of the conflict up unt
US Defense Secretary extends Mideast deployments into 2027, with reports of heightened troop strain amid Iranian Army claims of latest attacks on US bases in Kuwait and the UAE.
Brent stayed volatile around $96 a barrel and near its highest levels in over a month as investors weighed renewed Middle East hostilities affecting Hormuz supply routes. Trump said renewed hostilities would not last “too long”.
Crude stayed volatile around $91 a barrel and near a more-than-month high as investors tracked renewed Middle East hostilities. Six Hormuz vessels transited Wednesday versus 11 Tuesday, while Iraq exports rose to about 2.34 million bpd in August.
UK natural gas climbed above 180 pence a therm on Wednesday, the highest since January 2023. Escalating US-Iran hostilities raised fears of prolonged LNG supply disruption through the Persian Gulf as Strait of Hormuz flows neared a standstill.
European natural gas futures rose to €75/MWh, the highest since January 2023, as US-Iran hostilities fueled LNG-supply disruption fears and reduced flows through the Strait of Hormuz.
The US is restaffing diplomatic posts across the Middle East after diplomats were evacuated because of the Iran war, sources told Semafor. The US is restaffing diplomatic posts across the Middle East after diplomats were evacuated because of the Iran war, sources told Semafor, a move that cements the notion that Washin
Iran attacks US base in Kuwait and vessel near Hormuz
Attack On US Base In Kuwait Involved At Least Three Drones
Kuwait halted all flights on Saturday after Iran launched one of its heaviest barrages of missiles and drones since the Middle East conflict began. Kuwait Airways has rescheduled most of its flights due to the temporary suspension of takeoff and landing operations at Kuwait International Airport, the airline said on Sa
Iran's IRGC: Targeted drone ramp in Kuwait's Ali Al Salem Air Base, today's attacks in response to US attacks on Iran.
() -- Oil prices gained more than 4% on Monday as escalating military hostilities between the US and Iran ignited fears of prolonged supply disruptions. Brent crude futures rose over 4% to $79.21 per barrel, while Murban crude futures gained 4.2% to $74.07/bbl. "Further escalation in the Persian Gulf has oil prices mov
() -- The Tadawul All Share Index ended trading lower at 0.16% in the red as the re-escalation of the US-Iran conflict over the weekend dampened investor sentiment on Monday. The US and Iran again launched missile and drone attacks against each other. The Middle Eastern country targeted Bahrain- and Kuwait-based US mil
() -- (Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexes rose amid gains in technology and as crude oil declined following Washington's attempt to keep the Strait of Hormuz functioning freely by degrading Tehran's firepower to attack commercial ships in the critical water
Iran’s Revolutionary Guards: Attacked Two US Bases In Kuwait And Two In Bahrain; Response Will Extend To Other US Bases In Region If US Repeats Attacks
() -- European natural gas futures extended earlier gains and in after-hours trading on Wednesday after a fragile ceasefire between the US and Iran effectively collapsed following a new wave of military strikes, escalating tensions in the Persian Gulf and raising concerns about energy supply disruptions. The front-mont
() -- Germany's blue-chip DAX index extended its losing streak, closing 2.35% lower on Wednesday, as renewed US-Iran conflict dragged the vast majority of its constituents. Following recent shipping attacks in the Strait of Hormuz, US forces struck over 80 Iranian targets, including air defense systems, command network
The Dow Jones and Nasdaq 100 indices will react to US nonfarm payrolls data, SpaceX's entry into the Nasdaq 100 Index, US-Iran tensions, and Nike earnings this week