Iran

Iran coverage — diplomacy, conflict, sanctions, and the nuclear question — from a balanced source set.

1202 articles shownof 1207 totalLast updated 2026-09-07 08:44 UTC
il energy 8 50m ago 4 min read

Israel Claims Control of Key Lebanon Ridge as Iran Warns of 'Large-Scale' Response, Houthis Claim New Strikes on Saudi Arabia

Since oil prices topped $90 a barrel amid the widening Iran conflict, the fighting has spread to new fronts: Israel says it has seized a strategic ridge in southern Lebanon used by Hezbollah's Iranian-funded tunnel network, Yemen's Houthi rebels claim fresh drone strikes on Saudi military positions, and the European Union has joined Washington's sanctions campaign against Tehran. None of the Houthi claims have been independently verified, and Iran has warned Washington that further Israeli action on the ridge would trigger a large Iranian response.

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us energy 9 1h ago 4 min read

US Diesel Hits Record $5.85 a Gallon as Iran War Chokes Global Fuel Supply

Diesel hit an all-time national average of $5.85 a gallon on Friday, September 4, according to AAA, and gas prices set a Labor Day record above $4 a gallon. The cause isn't a mystery: renewed U.S.-Iran fighting, Ukrainian strikes on Russian refineries, and a looming global fuel-oil shortage are squeezing supply faster than any administration can fix it.

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eu finance 8 2h ago 5 min read

ECB Set to Hike Rates to 2.50% Thursday as Eurozone Inflation Hits 3.3% on Iran War Energy Shock

The European Central Bank is widely expected to raise its deposit rate a quarter point to 2.50% on Thursday, September 10, after eurozone inflation jumped to 3.3% in August on surging energy costs tied to the Iran war and Strait of Hormuz tensions. Economists polled by Reuters expect this to be the ECB's last hike of the year, even as bond yields worldwide climb and 10-year U.S. Treasury yields hit their highest level since early 2025.

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us finance 8 2h ago 4 min read

Chipmaker Stocks Drive Tokyo and Seoul Higher as Oil Rises on U.S.-Iran War Escalation

Japan's Nikkei jumped 1.7% and South Korea's Kospi surged 3.3% on Monday, September 7, as Samsung and SK Hynix rallied on AI chip demand. Oil climbed after the U.S. military denied an Iranian drone-boat strike claim and Tehran said it would declare an exclusion zone near the Strait of Hormuz, while U.S. markets stayed closed for Labor Day amid a stronger-than-expected jobs report that could push the Fed toward another rate hike.

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us energy 8 3h ago 4 min read

Brent Crude Nears $97 After US Strikes Sink Iranian Tanker, Iran Vows New Restricted Zone

The US Navy struck three Iranian oil tankers over the weekend, sinking one and disabling two others, pushing Brent crude near $97 a barrel. Iran says it hit three tankers in return and plans to declare a new restricted zone near the Strait of Hormuz, while roughly 40 million barrels of Iranian crude sit untouched on tankers near Malaysia, outside the blockade's reach.

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ir defense 8 4h ago 4 min read

Wright Calls Iran War a Deliberate 'Reset,' Says Nuclear Deal May Wait for Next Tehran Government

Energy Secretary Chris Wright told ABC News Sunday the seven-month Iran war is worth it to 'reset' the Middle East, and conceded a nuclear deal may not happen under the current Iranian government at all. Meanwhile diesel hit a record $5.85 a gallon Friday, adding freight costs to an already record-high Labor Day gas price of $4.14.

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ir defense 9 8h ago 3 min read

Energy Secretary Says Iran Nuclear Deal 'May Not' Happen as Fighting Escalates and Gas Hits Record Labor Day Price

Energy Secretary Chris Wright told ABC's This Week on Sunday that a nuclear agreement with Iran may never materialize and could wait for a new Tehran government, as U.S. and Iranian forces traded tanker and warship strikes over the weekend. AAA put the national gas average at $4.15 a gallon Sunday, the highest recorded for Labor Day weekend, while Wright declined to call the Strait of Hormuz safe for tankers unless escorted by the U.S. Navy.

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ir economy 8 8h ago 4 min read

Iran to Announce 'Exclusion Zone' Near Strait of Hormuz as Tanker Traffic Hits Lowest Level Since May

Iranian officials say a new restricted shipping zone near the Strait of Hormuz will be announced within days, as tanker traffic through the waterway has collapsed to an average of 10 vessels a day. Tehran and Washington are now publicly blaming each other for the disruption, while Energy Secretary Chris Wright says the US remains open to a deal.

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us defense 7 11h ago 4 min read

Pentagon Reviews Whether Stray US Bomb, Not Direct Hit, Killed Four at Iranian Wedding

The Washington Post reports the Pentagon is investigating whether a US bomb that missed its target caused the September 1 explosion at an Iranian wedding that killed at least four people. Meanwhile CENTCOM says it destroyed one Iranian oil tanker and disabled two more, Iran says it will announce a new Strait of Hormuz 'exclusion zone,' and Bessent claims Iran has just 30 million barrels of oil left that China hasn't already bought.

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us economy 8 13h ago 4 min read

Bessent Launches 'Economic D-Day' Sanctions Push as Iran Vows 'Devastating' Response and Claims a Strike on a US Ship

Six months into the Iran war, the Trump administration has shifted to what Treasury Secretary Scott Bessent calls an 'Economic D-Day,' hitting roughly 60 targets tied to Iran's oil, shipping and financial networks. Iran's military chief promised a 'devastating' retaliation and Tehran claims it struck a US ship in the Strait of Hormuz, a claim the US denies, while economists and analysts disagree sharply on who actually holds the leverage right now.

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ir defense 9 13h ago 5 min read

Panetta Predicts Six More Months of Iran War as Report Reveals Four Commanders Objected to Troop Extension

The Iran war has stalled into what former Defense Secretary Leon Panetta calls a stalemate risking a 'forever war,' as a Washington Post report reveals four four-star commanders formally objected to keeping 50,000-plus troops in the region into 2027. Iran and the U.S. traded fresh strikes over the weekend, Trump ruled out using a nuclear weapon, and gas prices hit their highest-ever Labor Day mark at $4.14 a gallon.

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ir economy 8 14h ago 4 min read

Iran's Khamenei Bans 'Discouraging' Talk as Rial Hits Record Low and Regime Infighting Breaks Into Open

Six months after the strike that killed his father, Iran's unseen supreme leader Mojtaba Khamenei ordered officials to stop making statements that 'harm social cohesion,' just as the rial crashed to a new record and hardliners turned the order against President Masoud Pezeshkian for admitting the economy is in freefall. The order exposed rather than papered over the fight inside Tehran's government.

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us defense 7 16h ago 4 min read

Wall Street Futures Reopen Sunday Night as Oil Tops $90 and Iran Fight Escalates

Dow, S&P 500 and Nasdaq futures resume trading Sunday evening after CENTCOM struck three Iranian tankers and Iran made a disputed claim it hit the USS George Washington. Oil near $91 a barrel, near-two-decade-high bond yields, and Fed Chair Kevin Warsh's inflation warnings matter more to this market than any single missile. The real test this week is the Treasury's debt-buyback rollout, an Apple product event, and fresh inflation data, not the Gulf.

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us economy 8 21h ago 4 min read

Wall Street Journal Investigation: Iran Moved $9 Billion Through US Banks in 2024 Despite Sanctions

Since Treasury's August 28 move against Egypt's Banque Misr, a Wall Street Journal investigation has detailed exactly how Iran keeps billions flowing through American banks despite decades of sanctions: correspondent banking loopholes and shell companies that US lenders can't always catch. Trump's Treasury is escalating with new secondary-sanctions threats, but the report shows the weak link runs straight through Wall Street's own plumbing.

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cn finance 6 22h ago 4 min read

LVMH Shares Hit Six-Year Low as China Slowdown and Iran War Hammer Luxury Sector

LVMH shares fell to their lowest level since November 2020 this week, dragging Hermès, Kering, and EssilorLuxottica down with them, as analysts point to weak Chinese demand and the ongoing U.S.-Iran conflict. The company's balance sheet is solid, debt is down, and cash flow is strong, but its biggest division, fashion and leather goods, is barely growing at all.

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ir energy 9 1d ago 4 min read

Hormuz Flows Cut Nearly in Half as Iran War Reshapes Global Oil Trade

Since the Sept. 5 tanker exchange and CENTCOM's strike on three Iranian vessels, the bigger story is what six months of blockade has done to world oil markets: Hormuz flows down from 20 million to 6-8 million barrels a day, Americas exporters booking record volumes, and Japan paying for nine extra days of shipping. Add Syria's removal from the terror list and a $3.6 billion Greece-Israel defense deal, and the war's economic and diplomatic fallout is spreading well past the Gulf.

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ir defense 9 1d ago 4 min read

Iran Claims It Hit the USS George Washington. CENTCOM Says Zero Hits, Then Destroyed Three Iranian Tankers

Iranian state media says the IRGC fired ballistic missiles at the USS George Washington and a destroyer on Saturday, September 5. The Pentagon says every missile missed and answered by disabling two Iranian oil tankers and destroying a third. Neither side's damage claims can be independently verified, but the oil tankers being on fire is not in dispute.

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ua finance 8 1d ago 4 min read

Witkoff and Kushner Leave Putin in Moscow, Head to Kyiv Next as Iran War Grinds On

Trump's envoys got three hours with Putin and a temporary halt on long-range strikes against Kyiv and Moscow, but Putin rejected a broader ceasefire Ukraine proposed. Meanwhile Trump says the U.S. can hit Iran again anytime, diesel just hit a record $5.88 a gallon, and Iran-backed militias are threatening to kill any U.S. troops left in Iraq after September 30.

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ir politics 8 1d ago 4 min read

Iran Sentences 10 More Protesters to Death as August Execution Count Hits at Least 82

Eight months after the January 2026 uprising, Iranian courts keep handing down death sentences to young protesters on torture-tainted evidence, with 10 more condemned in a single Isfahan trial this month. In January, Trump warned Iranian security forces against firing on demonstrators. This week, with a war underway since February, he asked publicly when Iranians would rise up and fight.

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us economy 8 1d ago 5 min read

Treasury Cuts Off First Foreign Bank Under Iran Sanctions Blitz as Rial Hits New Low and War Nears Seven Months

Since Washington's 'Economic D-Day' sanctions campaign launched last month, the Treasury Department has taken its first action against a foreign bank, proposing to sever Banque Misr UAE from U.S. correspondent banking over alleged Iranian shadow-finance ties. Iran's rial hit a record 2.25 million per dollar, President Masoud Pezeshkian is doubling gas quota prices while begging citizens for unity, and the war with the U.S. is closing in on its seventh month with no ceasefire in sight.

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ir defense 9 2d ago 4 min read

Iranian Tanker Hit Near Kharg Island as Trump Threatens Strike on Iran's 'Pickaxe Mountain' Site

Since Israeli and U.S. strikes on Iran began February 28, the war has ground through six months and now includes a fresh missile hit on an oil tanker near Kharg Island and a Trump threat to hit Iran's fortified Pickaxe Mountain nuclear site. Iran's oil chief calls Trump's earlier claims about destroying Kharg 'laughable,' and Reuters still hasn't confirmed who fired what near the island. Trump also ruled out a nuclear strike, calling the question 'stupid' since he says Iran is already militarily defeated.

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us defense 7 2d ago 4 min read

Pentagon Polygraphs 50 Joint Staff Officials Over Iran War Munitions Leaks, No One Fails

Pentagon investigators ran roughly 50 Joint Staff officers and civilians through lie detector tests in August after reports on shrinking U.S. munitions stockpiles during the Iran war leaked to the press. Sources tell CBS News nobody failed the leak-specific questions, but Trump is furious and the hunt for the leaker, or possibly a foreign asset, isn't over.

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gb economy 6 2d ago 4 min read

UK Chancellor Warns October Budget Will Be Tough as Iran War Squeezes Economy, Reform UK Pitches £108 Billion in Cuts

Chancellor John Healey told the Financial Times the US-Iran war is hitting UK inflation, growth and borrowing costs, and warned his October 28 Budget will need a real fiscal buffer against more shocks. Reform UK's Robert Jenrick countered with a £108 billion spending-cut plan, while the Strait of Hormuz remains a live flashpoint that's already moving oil prices.

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us economy 8 2d ago 4 min read

Iran Down to Two Months of Gasoline as U.S. Blockade Cuts Oil Exports to a Trickle

Three senior Iranian officials tell Reuters the country has roughly two months of gasoline left, with the U.S. blockade of the Strait of Hormuz and Treasury's new sanctions campaign gutting Tehran's oil revenue and currency. CNN and AP note Iran still isn't showing signs of backing down, meaning the economic squeeze and the six-month conflict could easily drag on.

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us defense 8 2d ago 4 min read

Trump Calls Iran War 'Small Potatoes' As Death Toll Sits at 18, Contradicts His Own 'War' Comments From Days Earlier

Trump told reporters Friday the Iran conflict is 'small potatoes' with only 18 US deaths, days after calling it a 'relatively little war' himself. Meanwhile a fallen airman's widow says she's being denied military benefits because the administration won't formally call it a war, and Congress's bipartisan demand for authorization sits ignored.

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in economy 6 2d ago 3 min read

India's Forex Reserves Hit Record $740.8 Billion as RBI Swap Scheme Pulls in $136 Billion Amid Iran War Fallout

The Reserve Bank of India's foreign exchange reserves climbed to an all-time high of $740.80 billion as of August 28, marking nine straight weeks of gains, largely on the back of a dollar-swap scheme that has drawn $136.38 billion since June. The scheme was built to insulate India from the rupee pressure caused by the US-Iran war, but DBS Bank flags a real catch: some of that money comes due in three to five years, and nobody's fully answered what happens to the rupee when it does.

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us health 7 2d ago 4 min read

Pentagon Sought Access to Billions in NIH Disease-Research Funds Amid Iran War Cost Overruns, Democrats Say

House and Senate Democrats say the Pentagon signed a secretive agreement to pull billions from NIH's infectious-disease research budget to help cover Iran war costs Congress didn't approve for that purpose. HHS says it's a legitimate public-health partnership. Neither the Pentagon nor NIH will confirm the deal's terms or dollar figure, and no one in Congress has seen it.

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us defense 8 2d ago 4 min read

US, Britain, France and Germany Push IAEA to Report Iran to UN Security Council for First Time in 20 Years

Washington and its European allies are pushing for a resolution at next week's IAEA board meeting that would refer Iran to the UN Security Council, something that hasn't happened in two decades. The move follows Iran's refusal to let inspectors back into nuclear sites bombed by Israel and the US in June 2025. Don't expect much to come of it at the Security Council, since Russia and China hold veto power and have zero interest in squeezing Tehran.

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us defense 9 2d ago 4 min read

US Resumes Strikes on Iran, Trump Threatens 'Biggest Attack of Them All' as War Hits Six-Month Mark

The US military struck IRGC targets again this week and intercepted Iranian missile and drone retaliation, with Trump calling Iran's response a 'love tap' and vowing something bigger is 'waiting in the wings.' Six months into the war, Iran's economy is in freefall and its supreme leader is dead, but the regime hasn't fallen and a fortified Iranian nuclear site remains untouched.

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ir energy 8 2d ago 4 min read

Bessent Predicts Oil Could Fall to $40 a Barrel Once Iran Conflict Ends, While Fighting Still Rages

Treasury Secretary Scott Bessent told Steve Bannon's War Room he expects oil to crash to $40-$50 a barrel once the US-Iran conflict is resolved, citing a coming supply glut. Brent crude sat near $95-97 a barrel Friday and gas hit $4.12 a gallon as tanker attacks and missile launches continued in the region, meaning the forecast rests on a war ending that hasn't ended yet.

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us energy 8 2d ago 4 min read

Treasury Blacklists Dubai Bank as Iran's Rial Collapses, But 40 Million Barrels Still Dodge the Blockade

Treasury Secretary Scott Bessent's Operation Economic Outcast landed its first bank casualty this week, and Iran's own president is now admitting the blockade has cut trade by up to 35%. But Tehran still has tens of millions of barrels sitting on tankers near Malaysia that the blockade never touched, and Iran says it's already finding new ways around U.S. sanctions.

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il defense 8 2d ago 4 min read

Israel Completes Hezbollah Tunnel Clearance Under Beaufort Castle as Iran Strikes US Bases in Kuwait and UAE

The IDF says it has cleared a 20-year-old Hezbollah tunnel network beneath the Ali al-Taher ridge in southern Lebanon while continuing near-daily strikes on villages there, even as UN peacekeepers report Israeli fire far outpacing Hezbollah's since a June ceasefire. Meanwhile Iran struck US bases in Kuwait and the UAE on September 3, a US defense official says with no impact, as Washington and the EU tighten financial sanctions on Tehran.

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us finance 7 2d ago 4 min read

Treasury Blacklists Turkish Bank Golden Global Over Alleged Iran-IRGC Oil-to-Gold Pipeline

Since launching 'Operation Economic Outcast' on August 24, the Treasury has now named its first specific target: Istanbul-based Golden Global Bank and two subsidiaries, accused of laundering tens of millions in Iranian oil revenue into cash and gold for the IRGC-Qods Force. Counterparties have until September 19 to unwind, and the China-to-Turkey money trail Treasury describes raises the obvious next question: does Beijing get hit next.

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in politics 7 2d ago 4 min read

India Backs China-Led SCO Statement on Iran as Xi Jinping Prepares First New Delhi Visit Since 2019

India signed onto a Shanghai Cooperation Organisation declaration in Bishkek that sided with China and Russia on Iran, even as New Delhi and Beijing quietly restarted border talks and prepare for Xi Jinping's trip to India this month. Whether that's India hedging its bets or genuinely drifting from Washington depends on who you ask, and the sources disagree.

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us finance 8 3d ago 4 min read

Fed Rate Bets Flip to a Coin Flip as Waller Undercuts Warsh, Oil Climbs Toward $96 on Iran Fighting

Fed Governor Christopher Waller's dovish remarks on Thursday, September 3 reversed the hawkish shift Chair Kevin Warsh triggered at Jackson Hole eight days earlier, sending stocks up, the yen surging, and rate-hike odds crashing back to roughly 50/50. Oil keeps climbing on renewed US-Iran fighting, which is exactly the kind of inflation pressure that could still force the Fed's hand at its September meeting.

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ir energy 9 3d ago 4 min read

Oil Posts Biggest Weekly Gain Since July as Hormuz Traffic Drops and EU Joins Iran Sanctions Push

Brent and WTI are on track for their steepest weekly gains since mid-July, with Brent up roughly 7% and WTI up nearly 10%, as the U.S.-Iran conflict grinds through its seventh month. Vessel traffic through the Strait of Hormuz has fallen sharply, the EU has joined Washington's sanctions campaign, and Reuters-verified weapons analysis points to a U.S. munition hitting a wedding party in southern Iran, killing four.

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ir defense 9 3d ago 4 min read

EU Formally Joins Iran Sanctions Push as South Korea Preps Hormuz Deployment, Cathay Pacific Cuts Gulf Flights

The EU officially signed onto Washington's 'Operation Economic Outcast' sanctions campaign against Iran, and South Korea is moving toward sending a support ship and patrol aircraft to the Strait of Hormuz. Cathay Pacific just canceled all Dubai and Riyadh flights through December 1, a concrete sign the seventh month of this war is reshaping global travel and trade, not just headlines.

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us defense 9 3d ago 4 min read

Vance Calls Iran Fight 'Not a War' as Pentagon Signs Deals to Rebuild Missile Stockpiles Trump Says Don't Exist

Seven months after Trump launched the Iran war on February 28, 2026, Vice President Vance told reporters Thursday the conflict isn't really a war and he can't say when it ends. Meanwhile the Pentagon just signed seven-year contracts to triple and quadruple missile interceptor production, undercutting Trump's Truth Social claim that reports of munitions shortages are lies from 'treasonous SCUM.'

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ir finance 9 3d ago 4 min read

Oil Nears $100 a Barrel as Iran War Escalation Rattles Markets and Bond Yields

Crude is climbing back toward $100 a barrel, diesel futures just hit an all-time high, and the 10-year Treasury yield is near a three-year peak as the Iran conflict grinds on. The Trump administration says Gulf oil is flowing at wartime highs, but independent tracking firm Kpler shows a fraction of the traffic officials claim, and drivers are paying more at the pump regardless.

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us defense 8 3d ago 4 min read

Trump Calls Ammo Shortage Reports 'Treasonous' as Vance Defines Iran War's Endgame

President Trump dismissed reports of depleted U.S. weapons stockpiles as 'treasonous' Thursday, while Vice President Vance told Fox News the war with Iran ends when oil stays cheap and Iran has no nuclear weapon. A former deputy director of national intelligence warns that simply declaring the war over won't reopen the Strait of Hormuz or curb Iran's nuclear program.

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us finance 7 3d ago 4 min read

Wall Street Rallies as Fed's Waller Opens Door to Holding Rates Steady, Even as Oil Tops $95 on Iran Fighting

Fed Governor Christopher Waller said Thursday he'd be inclined to support holding rates steady this month if inflation cools, and traders cut their odds of a September hike from 63.2% to 50.4%. The Dow jumped over 600 points, but Trump's own pick for Fed chair, Kevin Warsh, has been hinting at the opposite: hiking rates to fight inflation that oil above $95 a barrel isn't helping.

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ir defense 7 3d ago 4 min read

Iran Warns US It Will Retaliate If Israel Storms Hezbollah's Ridge Stronghold in South Lebanon

Iran sent Washington a message last month threatening a large-scale attack if Israel launches a full offensive on the Ali al-Taher ridge, where Hezbollah fighters and Iranian Revolutionary Guard personnel are believed to be dug in, according to Reuters. The White House denies pressuring Israel to hold off, and an Israeli assessment cited by Maariv disputes that any IRGC forces remain there at all.

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ir defense 9 3d ago 4 min read

Iran Hits US Bases in Kuwait and UAE Again as Trump Publicly Corrects Commerce Secretary on War Deaths

Iran struck US-linked bases in Kuwait and the UAE for the second time this week, while Brent crude pushed past $97 a barrel and Trump publicly corrected Commerce Secretary Howard Lutnick's claim that no Americans had died in the war. Pentagon casualty listings for the conflict have shifted between 14 and 18 names, and nobody in the sources explains why.

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ua energy 7 3d ago 4 min read

Rosatom Signs Nuclear Deals With Turkey, Kazakhstan and Iran While Its Seized Ukrainian Plant Runs on Generators

Russia's state nuclear firm Rosatom is locking in decades-long power plant contracts with Turkey, Kazakhstan, Iran and soon Armenia, a form of leverage that Western sanctions can't easily touch. Meanwhile the Zaporizhzhia plant Russia seized in Ukraine has been without outside power for more than a week and is running on 10 days of diesel, according to the IAEA. Same country, same industry, two very different pictures of what Russian nuclear control looks like up close.

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us politics 7 3d ago 4 min read

Trump Won't Say He'd Defend the Falklands, Ties It to UK's Refusal to Back Iran Strikes

Since Trump said Monday, August 31 he's reviewing the US position on Falklands sovereignty, he's gone further, telling GB News this week he wouldn't necessarily back Britain against another Argentine invasion and citing the UK's refusal to back Iran strikes. Argentina's Javier Milei has a national broadcast on the islands scheduled for tonight at 9 p.m., while a former Pentagon official insists Washington's official neutrality on sovereignty hasn't actually changed.

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ae economy 8 4d ago 4 min read

UAE Halts Trade With Iran Over Missile Claim, But Sanctioned Iranian Banks Keep Operating in Dubai

The UAE announced it is suspending all trade, commerce and financial transactions with Iran after accusing Tehran of firing ballistic missiles at maritime traffic, a claim Iran denies. Financial Times reporting shows the cutoff is far from complete: sanctioned Iranian banks still run a dozen-plus branches in Dubai, Iranian airlines keep flying there, and traders are rerouting goods through Oman and Turkey the same way they've dodged sanctions for years.

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us energy 9 4d ago 4 min read

US Diesel Hits $5.78 a Gallon, Asian LNG Nears $26 as Iran War's Price Tag Passes $330 Billion

Since the US and Israel struck Iran in late February, fossil fuel importers have paid $330 billion more than pre-war futures markets expected, according to the Centre for Research on Energy and Clean Air. US diesel hit $5.783 a gallon Wednesday, the highest since mid-2022, while Asian LNG topped $25.90 per MMBtu, more than double pre-war levels. Trump says he's ready to strike Iran again anytime; the bill for that fight is landing on drivers and cooking-gas buyers from Lahore to Lagos.

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il defense 8 4d ago 4 min read

Netanyahu Says Israel Is Working to Overthrow Iran's Government, Reveals Tehran Tried to Kill His Son

Netanyahu told Israeli TV on Wednesday that 'all of our systems' are working to topple Iran's regime, days after revealing Tehran tried to assassinate one of his sons. Iranian state TV followed with an unverified segment claiming a $10 million bounty on Barron Trump. Separately, an Iran International investigation found most of the banking network moving money for Tehran remains untouched by U.S. sanctions.

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us defense 9 4d ago 4 min read

US Escorts Record 18 Million Barrels Through Hormuz as Wedding Strike Kills Five in Iran

Since fighting broke a monthlong lull on Sunday, August 30, the US and Iran have traded fresh strikes, with the Pentagon calling Tuesday's 40-ship, 18-million-barrel oil escort through the Strait of Hormuz a wartime high. A US strike also hit a wedding in southern Iran, killing five, while Iran fired missiles at a US-linked target in Jordan and hit Bahrain and the UAE with drones.

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us defense 9 4d ago 4 min read

Trump Aides Push to Contain Iran War Before Midterms, But Trump's Own Rhetoric Keeps Undercutting It

Reuters reporting says Trump's own White House staff are trying to keep the Iran war from spiraling before November so it doesn't sink Republican candidates. Problem is, Trump spent Monday night on Truth Social daring Iran to fight and calling any deal worthless, right after ordering a fresh round of strikes. Two arms of the same administration are not telling the same story, and the polling on the war is brutal for the president either way.

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us energy 9 4d ago 5 min read

Oil Hits 5-Week High and Global Bond Yields Hit Decades-High Levels as US-Iran Fighting Resumes

Since U.S. and Iranian forces resumed direct strikes over the weekend, WTI crude has climbed roughly $5 a barrel to five-week highs while U.S. crude stockpiles and the Strategic Petroleum Reserve fell to their lowest levels since 1982. The oil spike has now spread into bond markets worldwide, pushing yields in the U.S., Japan, UK and Germany to multi-decade highs on inflation fears.

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ir energy 9 4d ago 4 min read

OPEC+ Set to Freeze October Oil Quotas Sunday as Iran War Craters Hormuz Shipping

OPEC+ delegates say the cartel will hold production quotas steady at Sunday's video meeting, but the decision barely matters when Gulf producers can't move barrels through a war zone. The U.S.-Iran conflict is now seven months old, Strait of Hormuz traffic has cratered to a fraction of normal, and Brent settled at $95.63 a barrel Wednesday. Even Washington's own officials can't agree on how open the strait actually is.

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ir energy 10 4d ago 4 min read

Iran Says 18 Killed, Tehran Fires Missiles at Jordan, Bahrain and Kuwait After Wedding Strike

Iran's health ministry says 18 people died and 108 were wounded in the newest round of U.S. strikes, including a wedding party hit near the Strait of Hormuz. Tehran retaliated with missiles and drones against three U.S.-aligned Gulf states, and Trump is now threatening an attack that would leave 'very little left' of the Islamic Republic. Meanwhile tanker data is telling two very different stories about how open the strait actually is.

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us economy 9 4d ago 4 min read

Trump Says He 'Couldn't Care Less' If Iran Signs a Deal, Tells Iranians to 'Rise Up and Fight'

As U.S.-Iran strikes resumed this week, Trump used a Tuesday night Truth Social post to reject an ABC News report that he's pushing Tehran back to the table, and instead called on ordinary Iranians to overthrow their government. Iranian respondents on Iran International pushed back hard, saying they've been fighting for 47 years and need real outside help, not slogans, before they'll risk another crackdown.

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us politics 9 4d ago 4 min read

Trump Aides Push to Keep Iran War 'Quiet' Until Midterms as Strikes Resume, Approval Falls to 33%

Reuters reports that senior Trump aides are trying to keep the Iran conflict from escalating before the November 3 midterms, betting on economic pressure over open warfare while the U.S. military rebuilds depleted munitions. The strategy is already fraying: the U.S. and Iran traded fresh strikes this week, and Trump's own approval on the war has dropped from 40% to 33%.

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ir energy 8 4d ago 4 min read

Iran Blacklists 45 Tankers Over Hormuz Transfers, Indian Refiners and Chinese State Shippers Start Rerouting

Since Iran retaliated for the U.S. strike on its island territory, Tehran has escalated with a blacklist of 45 tankers it says broke Hormuz transit rules. At least three Indian refiners, a global energy major, and Chinese state shippers COSCO and CMES are now avoiding those ships and, in some cases, the strait itself, favoring ship-to-ship transfers in the Gulf of Oman instead.

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us politics 8 5d ago 3 min read

Trump Says America Should Stand Alone as His Iran Sanctions Campaign Pushes Oil Prices Higher

The Financial Times reports Donald Trump has told associates the U.S. should go it alone rather than lean on allies, a stance rattling NATO and Indo-Pacific partners. At the same time, his administration is running an economic pressure campaign against anyone doing business with Iran, and oil prices have ticked up as a result. Whether this is American decline or American leverage depends entirely on who you ask.

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us finance 9 5d ago 4 min read

Asian Markets Sink Further as New Iran Strikes Hit and 10-Year Treasury Yield Tops 4.80%

Since Monday's 419-point Dow drop, the global bond selloff has kept metastasizing overnight, dragging Tokyo's Nikkei down 3% and South Korea's Kospi down 3.6% on Wednesday. Fresh U.S. strikes on Iran, a 10-year Treasury yield near 4.80%, and Japan's highest bond yield since 1996 are all pointing the same direction: markets don't trust the debt, the inflation numbers, or the ceasefire that isn't happening.

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8 sources
us energy 9 5d ago 5 min read

US Strikes Iranian Tankers and Air Defenses, Oil Surges Above $95 a Barrel as Strait of Hormuz Fighting Escalates

The US and Iran traded a fresh round of strikes this week, with Washington hitting Iranian tankers, radar sites and mine-laying assets while Iran fired missiles at bases in Jordan, Bahrain and Kuwait. Oil jumped more than 5% on Tuesday and kept climbing into Wednesday, with Brent touching $97 a barrel as traders price in a real risk to Hormuz shipping.

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R Center
7 sources
ir defense 9 5d ago 4 min read

Wedding Strike in Iran Kills Up to Five as Tehran Fires Missiles at Bases in Four Countries

Iranian officials say a US strike hit a home hosting a wedding in Iran's Hormozgan province, with death tolls reported between two and five depending on the source. Iran responded within hours by firing at US-linked bases in Jordan, Kuwait, Bahrain and Iraq, while Centcom says it never targets civilians and Brent crude climbed to $95.91 a barrel.

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R Center
6 sources

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