Tag

Middle East War

All articles tagged with #middle east war

Ukraine says its interceptors helped down Iranian drones in Gulf, eyes mass production
world1 day ago

Ukraine says its interceptors helped down Iranian drones in Gulf, eyes mass production

Ukraine’s president Volodymyr Zelenskyy says Kyiv’s electronic warfare teams and interceptor drones helped in downing Iranian Shahed drones in Gulf states hosting US bases, with over 200 Ukrainian experts deployed and several long‑term security pacts formed. Kyiv argues its cheap interceptors (about $1,000–$3,000) are more cost-effective than Patriot missiles, and the country is pursuing defence partnerships in the Gulf while exploring mass production of interceptors and potential security exchanges for Patriot systems.

Hormuz Traffic Stalls as Iran Maintains Toll and Control Under Ceasefire
world2 days ago

Hormuz Traffic Stalls as Iran Maintains Toll and Control Under Ceasefire

Despite a US–Iran ceasefire, the Strait of Hormuz is not yet open: only four ships passed on Wednesday (vs 11 on Tuesday), as Tehran asserts control over passage, requiring IRGC approval and tolls paid in cryptocurrency; shipowners face sanctions and insurance uncertainties, with hundreds of vessels stranded in the Gulf and no clear schedule for normal transit.

Middle East war escalates as Lebanese clashes and Iranian missiles widen regional conflict
world11 days ago

Middle East war escalates as Lebanese clashes and Iranian missiles widen regional conflict

The Middle East conflict widens: four Israeli soldiers were killed in southern Lebanon during clashes with Iran-backed Hezbollah, Iran fired missiles toward Israel with explosions reported in Tehran and near Jerusalem, and related events include US-Israeli air strikes on Iraqi bases, a fire on a Kuwaiti oil tanker in Dubai, and UN peacekeepers killed in Lebanon, signaling a rapidly intensifying regional war even as leaders discuss war aims and energy stability.

Cardinal barred from Jerusalem’s Holy Sepulchre on Palm Sunday sparks international condemnation
world12 days ago

Cardinal barred from Jerusalem’s Holy Sepulchre on Palm Sunday sparks international condemnation

France, Italy and Poland condemned Israel after Cardinal Pierbattista Pizzaballa was blocked from entering the Church of the Holy Sepulchre on Palm Sunday, with Israel citing security concerns over potential debris from Iranian missiles. Leaders including Macron and Meloni voiced dismay, while Netanyahu defended security measures and pledged to facilitate access for church leaders in the coming days as Jerusalem’s holy sites remain under restricted access amid the broader conflict.

Oil Could Hit $200 If Middle East War Persists, Macquarie Warns
energy13 days ago

Oil Could Hit $200 If Middle East War Persists, Macquarie Warns

Macquarie Group analysts warn oil could reach as high as $200 per barrel if the war in the Middle East drags on and the Strait of Hormuz remains blocked, with a 40% chance of a prolonged conflict into June and a 60% chance it ends by March; sustained disruption could push Brent to roughly $150–$200, with even higher costs for diesel and jet fuel, despite a large IEA emergency oil release.

Iran plots paid passage regime for the Strait of Hormuz
world15 days ago

Iran plots paid passage regime for the Strait of Hormuz

Iran seeks an “approved passage” system through the Strait of Hormuz, charging fees and allowing only “non-hostile” vessels to pass, a regime Tehran says could endure beyond the current war and US-Israeli actions. Reports estimate ships paying up to around $2 million for safe passage, raising questions about sovereignty, international law, and the impact on global shipping and trade as reliance on the strait persists and routes consider alternatives.

UAE calls for broad international coalition to reopen the Strait of Hormuz
world15 days ago

UAE calls for broad international coalition to reopen the Strait of Hormuz

The UAE says it would participate in a broad multinational maritime force to reopen the Strait of Hormuz, potentially deploying its own navy, and is seeking a UN Security Council mandate with Bahrain. Russia and China could oppose the move, while Oman advocates safe passage arrangements. The goal is to protect shipping and oil flows amid Iran’s attacks that have slowed transit, signaling a tougher UAE stance toward Tehran rather than a direct war effort.

Trump extends Iran talks deadline as markets reel
world15 days ago

Trump extends Iran talks deadline as markets reel

President Donald Trump pushed back the deadline for a peace deal with Iran by 10 days to April 6 after a Wall Street sell-off that sent major indices lower; he said on Truth Social that, at Tehran’s request, the period of energy-plant destruction would be paused and that talks to end the war are ongoing. The move comes as the Pentagon deploys thousands more US troops to the region and oil prices rise, fueling inflation fears that weighed on the S&P 500 and Nasdaq. Iran denies direct negotiations but says it has been in contact with third parties seeking a resolution.

Iran’s hardline leadership tightens grip as war reshapes regime
world15 days ago

Iran’s hardline leadership tightens grip as war reshapes regime

Following the death of Ayatollah Khamenei, Mojtaba Khamenei is poised to become supreme leader, while the Islamic Revolutionary Guard Corps consolidates power, replacing wounded or killed figures and expanding its influence across security, politics and the economy. President Masoud Pezeshkian manages day-to-day governance, but real authority over military and diplomacy remains with the guards and hardline circles. The ongoing US‑Israel war has pushed Iran toward a more hawkish posture at home and abroad, complicating any diplomacy over the nuclear deal.

Hormuz Standstill Intensifies as Iran-US Duel Deepens Middle East Crisis
world15 days ago

Hormuz Standstill Intensifies as Iran-US Duel Deepens Middle East Crisis

Iran and the United States hardened their positions in a widening Middle East crisis, with Tehran tightening its grip on the Strait of Hormuz and Washington extending a deadline for reopening the waterway as thousands of U.S. troops mass toward the region; both sides traded demands and threats ahead of a potential escalation, while Israel and Gulf states increased attacks and deployments, pushing oil prices higher and keeping the prospect of a negotiated ceasefire uncertain.

IRGC Tightens Grip as Iran's Leadership Fades
world16 days ago

IRGC Tightens Grip as Iran's Leadership Fades

The Islamic Revolutionary Guard Corps (IRGC) has surged to effectively control Iran’s state and its war effort as the Supreme Leader remains unseen and key advisers are dead or replaced. A decentralized network of institutions now shields the regime from decapitation, signaling a shift where the IRGC has moved from military force to governing power in a conflict-ridden Iran.

OECD flags energy shock as driver of higher US inflation
world16 days ago

OECD flags energy shock as driver of higher US inflation

The OECD warns that ongoing Middle East conflict and a sustained energy shock could lift US inflation to about 4.2% this year, with broad global inflation and downside growth risks as energy and fertiliser supply disruptions bite. Global growth is expected to slow, US growth to around 2%, and policy paths for the Fed and ECB remain uncertain, prompting calls for targeted household support to shield vulnerable consumers from higher energy bills.

Iran conflict pushes US borrowing costs to 18‑month highs
economy17 days ago

Iran conflict pushes US borrowing costs to 18‑month highs

Investors are fleeing US debt as the Iran war raises inflation fears, sending two-year Treasury yields to about 3.9% and the 10-year to around 4.38%, the largest moves this year; a $69 billion two-year auction drew weak demand while futures price in fewer Fed rate cuts for longer, with mortgage rates climbing toward 6.3% and borrowing costs rising globally.

Iran opens conditional transit for non-hostile ships through Strait of Hormuz
world17 days ago

Iran opens conditional transit for non-hostile ships through Strait of Hormuz

Iran told the International Maritime Organization that non-hostile vessels can transit the Strait of Hormuz in coordination with Tehran, signaling continued leverage over the vital waterway as most traffic remains halted amid the US-Israel war. The IMO is pursuing a humanitarian corridor, while Iran weighs new traffic rules and potential charges for passage.