Iran Seizes Israel-Linked Container Ship Near Hormuz Strait

Iran Seizes Israel-Linked Container Ship Near Hormuz Strait

Iran’s Islamic Revolutionary Guard Corps seized an Israel-linked container ship near the Strait of Hormuz between the Persian Gulf and Gulf of Oman on Saturday, the state-run Islamic Republic News Agency reported. IRGC special forces boarded the MSC Aries from a helicopter and directed it toward Iranian territorial waters, the Islamic Republic News Agency said, …

Iran readying 100 drones & missiles for Israel strikes

Iran readying 100 drones & missiles for Israel strikes

  Iran readies more than 100 cruise missiles and drones for deadly Israel strike, US intelligence officials reveal, as Pentagon moves aircraft carrier into the Red Sea amid fears of full-scale war Iran has reportedly readied an arsenal of cruise missiles and drones as the country reportedly prepares to launch an attack on Israel  The …

Hezbollah drones attack Israeli Ramot Naftali base

Hezbollah drones attack Israeli Ramot Naftali base

Hezbollah announced on Friday that, in retaliation for what the group describes as “zionist aggressions” against southern villages and civilian homes, their fighters launched a drone attack on the Israeli Ramot Naftali base. Earlier, the Israeli Defense Forces (IDF) reported that approximately 40 rockets were launched from Lebanon towards northern Israel. The IDF claimed it intercepted some …

Israel Bracing for Unprecedented Direct Iran Attack in Days

Israel Bracing for Unprecedented Direct Iran Attack in Days

Missile barrage from Iranian soil to Israel would be a first Iran has vowed revenge for Syrian embassy assault last week Israel is bracing for a direct and unprecedented attack by Iran on government targets as soon as Saturday, according to people familiar with western intelligence assessments, a move that has the potential to trigger …

‘Ready for any scenario’: IDF chief assesses preparedness for Iran attack

‘Ready for any scenario’: IDF chief assesses preparedness for Iran attack

IDF Chief of Staff Lt. Gen. Herzi Halevi wrapped up a “comprehensive” assessment of the military’s “readiness for all scenarios” a short while ago, before meeting CENTCOM chief Gen. Michael Erik Kurilla, the army says. The assessment and following meeting come amid heightened alert in Israel for a potential Iranian attack on the country, with …

Oil Prices Surge on Fears of an Imminent Iranian Attack

Oil Prices Surge on Fears of an Imminent Iranian Attack

Intelligence reports suggest Iran is planning an attack on Israel within the next 48 hours. This escalation in tensions follows an Israeli airstrike on an Iranian consulate in Syria. Oil prices jumped by 2% as markets fear potential disruption to oil supplies from the Middle East. Oil prices spiked on Friday morning following reports of …

Major attack 100 drones 12 missiles possible TODAY

Major attack 100 drones 12 missiles possible TODAY

A potentially devastating Iranian retaliation that could come within hours, according to alarming warnings from US officials. Two American officials have disclosed to CBS News that Iran is preparing a large-scale attack on Israel, likely involving over 100 drones and dozens of missiles targeting Israeli military sites. The officials, who spoke on condition of anonymity, expressed doubt …

Secret Meeting Between Venezuela and the U.S. as Oil Sanctions Loom

Secret Meeting Between Venezuela and the U.S. as Oil Sanctions Loom

U.S. and Venezuelan government officials met secretly this week ahead of the expiry of oil sanction relief next week. The meeting, in Mexico City, discussed the possibility of reforms in Venezuela, Bloomberg reported citing unnamed sources, with a focus on elections.The United States granted a six-month oil sanction waiver to Caracas last year after the …

China Exports Drop More Than Expected in Setback to Recovery

China Exports Drop More Than Expected in Setback to Recovery

China’s exports slumped in March, dealing a blow to hopes that booming sales abroad will offset weak demand at home and drive growth in the world’s second-largest economy. Exports shrank 7.5% in dollar terms in March from a year earlier, while imports fell 1.9%, the customs administration said Friday. Both numbers came in well below economist forecasts. The …

IEA trims oil demand forecast on weakness in wealthier countries

IEA trims oil demand forecast on weakness in wealthier countries

LONDON, April 12 (Reuters) – The International Energy Agency (IEA) trimmed its forecast for 2024 oil demand growth on Friday, citing lower than expected consumption in OECD countries and a slump in factory activity. The Paris-based energy watchdog lowered its growth outlook for this year by 130,000 barrels per day (bpd) to 1.2 million bpd, …