US War Secretary Pete Hegseth said on Friday (March 13) that Iran’s missile capabilities have been severely degraded following sustained US and Israeli military strikes, claiming the country’s missile volume has dropped dramatically and its weapons production capacity has been largely destroyed. Speaking at a Pentagon press conference, Hegseth said: “Iran has no air defenses….
US President Donald Trump said the war with Iran could end “soon”, claiming that American and Israeli forces have already destroyed most of the targets available in the country. “Little this and that… Any time I want it to end, it will end,” Trump was quoted as saying by Axios on Wednesday (March 11). There…
Russia has been providing Iran with intelligence to help target US forces and assets in the Middle East, according to a report by The Washington Post, which cited three officials familiar with the intelligence. According to The Post, Russia has been passing Iran the locations of American military assets since the war began, including US…
“We are in touch with the client firms. The workers are safe. About 80 workers from our side were supposed to go to Bahrain and Qatar in the next two days; and now that has halted, and so have other recruitments for the region,” said Kapil Gupta, chief executive officer of Shella Consultants, an overseas…
After Iran targeted American bases in the region, reports of explosions came to light in Gulf countries, UAE, Bahrain, Saudi Arabia and Kuwait. Source
Insurers have moved to cancel policies and sharply raise premiums for vessels traveling through the Gulf and the Strait of Hormuz following the US and Israeli attacks on Iran, according to a report. War risk underwriters submitted cancellation notices for ships operating through the key oil chokepoint ahead of trading reopening on Monday, brokers told…
As joint US-Israel strikes on Iran escalate tensions in the Middle East, global focus has shifted to the Strait of Hormuz — a narrow but critical waterway that carries a significant share of the world’s energy supplies. The Strait of Hormuz connects the oil-rich Persian Gulf to the Indian Ocean and sits between Iran and…
Some oil majors and leading trading houses have suspended crude oil and fuel shipments via the Strait of Hormuz amid escalating US and Israeli strikes on Iran and Tehran’s retaliation, Reuters reported, citing four trading sources. “Our ships will stay put for several days,” one senior executive at a major trading desk told Reuters. The…
