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ESCALATION POTENTIAL IRAN
Trump’s Iran war bill hits $45.1 billion and countingThe Pentagon estimates the US conflict with Iran has cost $45.1 billion. This figure surpasses earlier Congressional Budget Office projecti...- Trump cuts short weekend, unexpectedly returns to White House amid rising Middle East tensionsUS President Donald Trump unexpectedly returned to the White House from Camp David on Saturday as tensions escalated in the Middle East. Th...
- Smoke visible near Riyadh airport after Saudi Arabia issues all-clearA large plume of smoke was seen near Riyadh’s main airport after explosions and overnight alerts warned of potential danger around the Saud...
- US "quite likely" to target Chinese firms aiding Iran's money flows: Ex-Trump NSA on Beijing's support to Tehran amid conflictThe United States may impose secondary sanctions on Chinese financial institutions. This action is likely if Beijing continues financial fl...
- Oil prices are high but could be much worse. Trump has China's Xi to thank for thatChina's vast oil reserves and reduced imports helped stabilize global prices. This strategy mitigated the impact of the ongoing conflict in...
- AI-generated false intelligence nearly triggered US-China military confrontation: ReportsCiting four sources familiar with the incident, CNN reported that the US military moved towards an operation against the ship. Two of the s...
- Oil Price Today (September 18): Crude oil falls below $104, down for third session. What are experts saying?Crude Oil Price Today : Markets largely looked past the latest threats to supply, even as Saudi Arabia and Yemen's Iran-backed Houthis exch...
- Iran warns against politicising Mecca drone claims, cautions against 'false flag' tactics to divide Muslim nationsIran on Thursday urged caution over allegations that Yemen’s Houthis targeted Mecca, saying claims without concrete evidence should not be ...
- Pakistan abandons Mecca pact ally Saudi Arabia in fight against Houthis in Bab el-Mandeb Strait. Kingdom reaches out to rival Israel for helpSaudi Arabia has indirectly approached Israel for intelligence assistance against the Houthis through US Central Command, despite not recog...
- Trump-Xi summit: Tariffs, trade imbalance and rare earths loom over US-China talksUS President Donald Trump will host Chinese President Xi Jinping next week at the White House. Tariffs, trade imbalances, and technology co...
- Oil Price Today (September 17): Crude oil falls below $105 even as Middle East tensions simmer. Here’s whyCrude Oil Price Today : Brent crude futures fell $1.25, or 1.22%, to $104.62 a barrel, while U.S. West Texas Intermediate futures declined ...
- PM Modi, Iran's Pezeshkian hold first New Delhi talks since West Asia war; vow to expand bilateral tiesPrime Minister Narendra Modi held talks with Iranian President Masoud Pezeshkian in New Delhi on Friday, reviewing the escalating West Asia...
- Trump’s ‘little war’ with Iran just got a lot biggerTrump’s strategy of economically strangling Iran may be increasing rather than reducing the risk of a wider Middle East war. As Tehran and ...
- Oil tanker rates hit record highs following Iran, US shipping attacksOil shipping rates from the Gulf of Oman to China have reached record highs this week. This surge follows recent attacks on shipping and mi...
- Global Market: Barclays expects ECB to raise rates again in December as inflation risks persistBarclays expects the European Central Bank to raise interest rates by another 25 basis points in December as persistent inflation and highe...
- Costly war far from over even as US loosens Iran's grip on Strait of HormuzUS has restricted Iran's oil exports and loosened its Strait of Hormuz control. This ongoing conflict, however, is nowhere near resolution ...
- Oil surges 6%, Brent and US crude both surpass $100 on more tanker attacksOil prices climbed over one hundred dollars per barrel on Thursday amid escalating attacks on shipping lanes. The surge was driven by fears...
- Oil surges 5%, Brent and US crude both over $100 on more tanker attacksOil prices jumped 5% to above $100 a barrel as escalating US-Iran fighting and attacks on tankers raised fears of wider supply disruptions....
- Oil Price Today (September 10): Crude oil at $101 as Iran attack on 10 ships raises supply fears. $120 in sight?On Thursday, oil prices surged above one hundred dollars per barrel as traders evaluated the risks associated with supply disruptions stemm...
- Global Market: Goldman lifts brent, WTI forecasts as Hormuz shipping risks mountGoldman Sachs has raised its Brent and WTI crude price forecasts by $5 a barrel for December 2026 and 2027, citing prolonged Middle East sh...
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