Tag: iran
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Iran war: Saudi-led coalition attacks Yemen’s Hodeida
The strikes come after the Iran-backed Houthis attacked several Saudi oil tankers in the Red Sea in recent days. The escalation comes as the US and Iran also vie for control of the vital Strait of Hormuz. DW has more.
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Oil shipments are under attack on multiple fronts as fighting escalates in Red Sea, Hormuz and Black Sea
More than 60 commercial ships have been attacked in the Persian Gulf, Strait of Hormuz and Gulf of Oman since March 1.
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Strait of Hormuz traffic may not return to normal for 12 months or more, according to prediction markets
Kalshi traders give less than 50% odds that the key maritime passageway will fully reopen by July 2027.
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Why Iran’s Pickaxe Mountain is a tough target for the US
Donald Trump has threatened to attack a suspected Iranian nuclear site buried deep under a mountain. Pickaxe Mountain remains one of the biggest unanswered questions surrounding Iran’s nuclear program.
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Trump tariffs
Donald Trump’s “America First” policies include measures aimed at reducing trade deficits and boosting domestic manufacturing. While supporters argue they protect US jobs, critics warn of massive disruption.
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Yemen’s Houthis deny they closed Bab al-Mandeb Strait
The Iran-aligned Houthi militia group instead says it has only established a “naval blockade” of Saudi ships in the Red Sea. It comes as the US and Iran also vie for control of the vital Strait of Hormuz. DW has more.
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Why Costco keeps gas prices so low—it’s ‘straight out of the retail playbook,’ expert says
Higher gas prices are driving record demand for Costco’s gas stations as more Americans look to save at the pump.
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Stock pullback couldn’t come at a worse time for market
The S&P 500 is down 0.7% this week as of Thursday’s close, putting it on pace for its second straight weekly decline.
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Iran military says attacked US bases in Bahrain, Jordan, Kuwait
TEHRAN: Iran’s military said on Friday (Jul 24) it carried out drone strikes against several American military facilities and bases in Bahrain, Jordan and Kuwait in retaliation for the latest US attacks against the Islami
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Iran war’s economic impact
The Iran war and the disruption to shipping through the Strait of Hormuz is making everything from energy and transport to fertilizer and food more expensive.
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