A top United Nations official reported that a single month of the US-Israeli war with Iran has cost Arab nations in the Gulf and Middle East an estimated $186 billion in gross…
The U.S. military faces a beyond critical shortage of Patriot missile interceptors in Europe, driven by weapon transfers to the Middle East during the conflict with Iran.
Iranian President Masoud Pezeshkian claims global acceptance of a military and political victory over the United States amid ongoing Middle East tensions.
The $20 billion Dangote refinery in Lagos has emerged as Europe’s largest external supplier of jet fuel, displacing American refiners amid severe global energy market disruptions. According to data from Caliber and S&P Global Commodity Insights, the facility delivered more than 400,000 tonnes of jet fuel to Europe in July, following a record 466,000 tonnes … Read more
Asian stocks are heading for their strongest weekly gains in two months as benign U.S. inflation data dampens expectations of an imminent Federal Reserve rate hike. Markets have largely shrugged off ongoing Middle East tensions and a surge in Brent crude futures, though currency pressures persist in Japan. Asian equities climbed on Friday, putting regional … Read more
Global oil benchmarks climbed on Wednesday, August 12, 2026, driven by fresh maritime attacks on cargo vessels in the Strait of Hormuz and Bab el-Mandeb Strait, alongside a stalled diplomatic track between the United States and Iran that heightened fears of enduring Middle East supply disruptions. Crude prices extended their upward trajectory in volatile Wednesday … Read more
The aircraft carrier USS Abraham Lincoln has been deployed in the Middle East for over eight months supporting operations against Iran. As the U.S. Navy aircraft carrier USS Abraham Lincoln continues its combat deployment in support of operations against Iran, mounting distress among the crew has spilled over into public view. Deployed since November 21, … Read more