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Iran Strike

All articles tagged with #iran strike

politics1 month ago

Graham’s Golf-Course Pitch Drives Trump Toward Iran Action

Senator Lindsey Graham, a longtime advocate of taking action against Iran, spent months persuading Donald Trump after their 2024 discussions—beginning on a golf course and shifting to TV appearances and private White House talks—that Trump should own an Iran strike. Graham argued Iran’s program threatens regional stability and Israel-Arab normalization, and his lobbying intensified in the weeks leading up to a large U.S.-Israel operation against Iran’s missile and nuclear programs. The decision signaled a hawkish shift in Trump’s second term and drew bipartisan scrutiny and GOP pushback over process, even as Graham aims to build a Senate coalition to solidify Israel-Arab ties via a treaty.

via Politico|
#donald-trump#iran#iran-strike
Oil Shock Eases Russia’s War Budget as Iran Strike Sends Prices Higher
world1 month ago

Oil Shock Eases Russia’s War Budget as Iran Strike Sends Prices Higher

An oil price spike triggered by the Iran strike lifts Russia's Urals toward its 2026 budget assumption, easing revenue shortfalls caused by sanctions and refinery damage. If Gulf disruptions persist, Brent could hit around $120 or higher, with worst-case scenarios near $200 if Hormuz is fully disrupted; meanwhile, shifts in China and India toward discounted Urals could bolster Moscow's revenue. Despite a shrinking National Wealth Fund and a large deficit, the Iran conflict momentarily improves Russia’s budget outlook by sustaining oil income.

via Euromaidan Press|
#iran-strike#oil-prices#russia-budget
Iran Strike Triggers Defense-Stock Rally Led by Lockheed and Northrop
business1 month ago

Iran Strike Triggers Defense-Stock Rally Led by Lockheed and Northrop

The U.S. strike on Iran has boosted defense stocks, lifting a defense-focused ETF and sending Lockheed Martin and Northrop Grumman higher as investors anticipate increased military spending and heightened geopolitical tensions; the rally extends to other defense players and European contractors, though long-term exposure may hinge on shifts in defense programs and platforms.

via Barron's|
#business#defense-stocks#geopolitical-risk
politics9 months ago

Trump's Distrust of US Intelligence Deepens Amid Iran Tensions

The article reports on the controversy surrounding leaked Pentagon intelligence about recent Iran strikes, revealing that the damage was less severe than claimed by Trump and his administration. Trump and Defense Secretary Pete Hegseth have publicly criticized the media for reporting the leak and the actual effectiveness of the strikes, with Trump claiming the operation was a complete success despite evidence to the contrary. The leak has prompted an aggressive investigation and a crackdown on classified information sharing within the government.

via Rolling Stone|
#iran-strike#leaked-intelligence#media-controversy