Tensions in the Strait of Hormuz have intensified after Iran’s Islamic Revolutionary Guard Corps (IRGC) reported that a liquefied natural gas (LNG) vessel was struck by a naval mine while attempting to pass through the strategically important waterway. According to the Revolutionary Guards, the incident occurred a few hours before their announcement. The vessel was […]
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The United States has carried out another round of targeted military strikes against Iran, adding fresh uncertainty to an already tense situation in the Middle East. The latest operation reportedly targeted Iranian air defence systems on Saturday, while diplomatic efforts continued behind the scenes to find a possible way forward and prevent the conflict from […]
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Iran has claimed that its military is now stronger, more experienced and better prepared than it was when the conflict with the United States and Israel began in February, signalling that Tehran remains determined to defend its position amid continued regional tensions. According to Iranian state media reports on Saturday, army spokesman Mohammad Akraminia said […]
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The United States reportedly launched strikes on Iran’s Qeshm Island on Monday, raising fresh questions about the direction of the ongoing conflict even as diplomatic efforts appeared to be gaining momentum. According to a report by The Wall Street Journal, which cited unnamed US officials, the strikes targeted Qeshm Island, the largest island in the […]
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Global oil giants are heading into a crucial earnings season with the prospect of significantly higher third-quarter profits, driven by disruptions linked to the US-Israeli war on Iran. But as companies prepare to report stronger results, investors are shifting their attention to a bigger question: will the unexpected cash windfall strengthen their finances, or encourage […]
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