Iran is facing a serious economic challenge as its oil exports have reportedly fallen to zero amid renewed military tensions, international sanctions, and growing restrictions on access to foreign currency. According to remarks attributed to Iran’s Central Bank Governor Abdolnaser Hemmati, the country is no longer exporting oil, creating another major pressure point for an […]
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US President Donald Trump has made a striking claim about the future of the Strait of Hormuz, saying he could soon declare the strategically important waterway part of US territory. Speaking at a political rally at a police academy in New York state on Friday, Trump said the move would come after what he described […]
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A new report has raised growing concerns about the United States military’s ability to quickly rebuild critical weapons stockpiles after the recent Iran conflict, warning that it could take several years before inventories return to safe levels. According to an analysis released by the Centre for Strategic and International Studies (CSIS), the US could need […]
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