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09
Jul 2026
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Oil: Drops below $90 after rally toward $120

Crude oil prices fell sharply on Monday shortly after trading closed, after Donald Trump, President of the United States, said he is considering the possibility that the U.S. could take control of the Strait of Hormuz

Trump on Mojtaba Khamenei: I won’t tell you my plans for him, but I’m not happy

The US President says that “we are not close to a decision to send US troops” to Iran

“European countries helped create the conditions for the start of the war”, says Iran

Tehran rules out the possibility of a ceasefire as long as the attacks continue - Iranian Foreign Ministry denies that the country attacked Turkey, Azerbaijan and Cyprus

Military operations are expanding into other fields: The “Achilles’ heel” of the Middle East – drinking water – comes under target

Iran struck a desalination plant in Bahrain with a drone, in retaliation for an alleged U.S. attack on one of its own facilities — The Middle East holds more than 40% of the world’s desalination capacity with 5,000 units, and countries in the region cover up to 100% of their drinking water needs through them

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