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Iran’s oil windfall amid war with the US & Israel: How it exports up to 2.8 million barrels daily and who keeps buying
According to The Economist, despite the near closure of the Strait of Hormuz and the removal of roughly 15% of global oil supply from the market, Tehran continues to boost its revenues through a complex network of transport and financial transactions
Why the Houthis entered the war now: A message to the US not to proceed in the Red Sea and Hormuz
Houthis and Iran are creating a “ring of fire” stretching for thousands of kilometers in the Gulf – Concerns also over Saudi Arabia’s key East-West pipeline, through which up to 7 million barrels per day now pass
Who are Yemen’s Houthis, how powerful are they and what the missile launch toward Israel means
The missile strike against Israel underscores that Yemen’s Houthis are willing to extend their operations beyond their borders, turning the region into another front in an already tense geopolitical landscape
CNN Analysis: The seven islands controlling the Strait of Hormuz and the strategy that could determine Gulf dominance
Seven islands - Abu Musa, Greater and Lesser Tunb, Hengam, Qeshm, Larak and Hormuz - form what researchers describe as Iran’s “defensive arc,” a strategic network that plays a decisive role in controlling the Strait of Hormuz and, by extension, influence over the wider Gulf region
They were going to save lives, struck by a drone: The tragic story of 15-year-old Joud and 19-year-old Ali from Lebanon
Marinos Aleiferis visited the site where the two young rescuers lost their lives — in a tragic twist, the 15-year-old was found dead by his own father
Why the Revolutionary Guards are threatening to strike luxury hotels in the Middle East
“Stop immediately hosting military personnel, otherwise you will become a legitimate target,” Tehran is said to have told owners of such facilities
IMF: Scenarios for new country funding due to War – World Bank on alert
The International Monetary Fund (IMF) is examining potential scenarios for supporting countries as the war drives up energy costs, strains public finances, and increases risks to global growth – Damages to critical infrastructure are also a concern for the World Bank
Cyprus: The eight measures announced by Christodoulides on the impact of the war in Iran
The total cost, including existing measures still in place, exceeds €200 million, he said.
OECD lowers Eurozone growth forecast due to the war in the Middle East
The inflation forecast for the eurozone has been raised to 2.6%
New 10-day extension to Trump’s ultimatum to Iran: “Talks continue, they’re going very well,” he says, as Tehran has 1,000,000 troops ready for conflict (Update)
The statement, in which Tehran hints that the U.S. is ‘negotiating with itself,’ was issued following reports that Washington has prepared a 15-point plan to end the war – Oil prices fell this morning
