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US and Iranian forces exchanged strikes for a second straight day on Thursday, with Centcom hitting Iranian military sites and Tehran firing back at US bases in Bahrain and Kuwait. Oil prices rose up to two percent as Iran declared the Strait of Hormuz closed and diplomatic talks remained fragile.
US forces have struck Iranian sites on day 94 of the conflict, while Kuwait intercepted missiles and Israel deepened its offensive into southern Lebanon. No peace deal has been reached, and the conflict's spread toward Gulf states raises direct risks for energy supply and oil prices.
Brent crude hit $126.41 a barrel on Thursday, its highest since March 2022, before pulling back to $114.07 as volatility from the US-Iran war rattled oil markets. Supply disruption fears have pushed both Brent and WTI to four consecutive months of gains. No specific catalyst triggered the afternoon retreat, with
A senior Pentagon official put the U.S. war in Iran at $25 billion in costs so far, marking the first official military price estimate for the conflict. The figure sets a baseline for congressional budget debates and defense spending expectations.
The US-Iran war has prompted open debate in the UAE about the continued value of hosting American military bases, testing a partnership formally deepened in 2024. Abu Dhabi faces pressure to weigh Washington's security umbrella against the risks of being a target in an active regional conflict. The outcome could
A 40-day US-Iran war ended with Washington having misread Iran's leverage tolerance and overestimated its own coercive power. The attrition dynamic reversed expected US advantages, raising questions about US deterrence credibility in the Middle East. The outcome's effect on regional alliance postures is now a key varia
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US and Iranian forces exchanged strikes for a second straight day on Thursday, with Centcom hitting Iranian military sites and Tehran firing back at US bases in Bahrain and Kuwait. Oil prices rose up to two percent as Iran declared the Strait of Hormuz closed and diplomatic talks remained fragile.
17d ago · 4 min · Global Affairs
US forces have struck Iranian sites on day 94 of the conflict, while Kuwait intercepted missiles and Israel deepened its offensive into southern Lebanon. No peace deal has been reached, and the conflict's spread toward Gulf states raises direct risks for energy supply and oil prices.
29d ago · 3 min · Global Affairs
Brent crude hit $126.41 a barrel on Thursday, its highest since March 2022, before pulling back to $114.07 as volatility from the US-Iran war rattled oil markets. Supply disruption fears have pushed both Brent and WTI to four consecutive months of gains. No specific catalyst triggered the afternoon retreat, with
2mo ago · 1 min · Global Affairs
A senior Pentagon official put the U.S. war in Iran at $25 billion in costs so far, marking the first official military price estimate for the conflict. The figure sets a baseline for congressional budget debates and defense spending expectations.
2mo ago · 1 min · Global Affairs
The US-Iran war has prompted open debate in the UAE about the continued value of hosting American military bases, testing a partnership formally deepened in 2024. Abu Dhabi faces pressure to weigh Washington's security umbrella against the risks of being a target in an active regional conflict. The outcome could
2mo ago · 1 min · Global Affairs
A 40-day US-Iran war ended with Washington having misread Iran's leverage tolerance and overestimated its own coercive power. The attrition dynamic reversed expected US advantages, raising questions about US deterrence credibility in the Middle East. The outcome's effect on regional alliance postures is now a key varia
2mo ago · 1 min · Global Affairs
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