Category: Uncategorized

The United States military attacked several Iranian air defense and radar systems around the Strait of Hormuz in Tuesday’s strikes, Axios reporter Barak Ravid said on X, citing an unnamed US official. Iranian media said after the strikes that explosions were heard in Qeshm and the eastern regions of Hormozgan, including in Kohstak, Sirik, and Minab. US said …

Continue reading “US strikes said to target Iranian air defense, radar systems……. US said to have launched 2nd wave of strikes in Iran……. Third US strike wave on Iran said to be underway…..Iranian CEO says US hit 2 water reservoirs in south……. Iran says it attacked US Fifth Fleet in Bahrain…… Iran strikes US base in Jordan…….Kuwait says intercepting hostile aerial targets…… Jordan intercepts 5 Iranian missiles”

President Donald Trump said the US must respond after he blamed Iran for shooting down an American military helicopter off Oman, posing a new threat to the peace deal he’s said for weeks is close. “I have just been informed by our Great Military that last night the Iranians shot down one of our highly sophisticated Apache …

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Bank of America Securities advises investors to exercise caution regarding US stocks due to an increasing number of “bear market signposts” pointing to an approaching top. Strategists led by Savita Subramanian say there are “too many red flags” and advise investors to “take profits” as some 70% of bear-market signals have been recently triggered. Subramanian …

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Tehran says it is halting attacks on Israel Israel will also halt attacks on Iran, source says Trump tells both sides to ‘stop shooting’ Israel hits a petrochemical plant in Iran Sounds of explosions heard in Tehran DUBAI/JERUSALEM, June 8 (Reuters) – Iran and Israel said on Monday they had halted attacks on each other …

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Oil jumped after Iran and Israel traded fire, despite US President Donald Trump’s calls for both sides to quit fighting, a fresh escalation in a war that has passed the 100-day mark. Global benchmark Brent added as much as 5.4% to more than $98 a barrel. Israel said it struck military targets in Iran, retaliating …

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International Atomic Energy Agency (IAEA) Director General Rafael Grossi announced on Friday that Iran denied the agency access to most of its nuclear facilities, except for the Bushehr Nuclear Power Plant. Speaking at a press conference in Vienna, Grossi said that the conflict between the United States and Israel on one side and Iran on …

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Summary of Weekly Petroleum Data for the week ending May 29, 2026 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 8.0 million barrels from the previous week. At 433.7 million barrels, U.S. crude oil inventories are about 3% below the five-year average for this time of year.  U.S. crude …

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The US and Iran have made little progress in talks over an interim peace deal, with clashes continuing in Lebanon. Iran insists on a ceasefire in Lebanon before accepting a deal with the US to extend their truce and reopen the Strait of Hormuz. US President Donald Trump said negotiations are in the “final” stages, …

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Bitcoin fell over 2% on Friday amid a wider crypto market slump, as investors continued to pull away from riskier bets. The world’s biggest cryptocurrency is now down more than 22% in a month and 28.6% this year. And down over 50% from its all time  high of $126,000…. to  never return! Bitcoin lost 2.20% …

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Iranian Deputy Foreign Minister Kazem Gharibabadi said on Thursday that Tehran expects to receive “at least” 50% of its frozen assets as soon as a memorandum of understanding on an extended ceasefire with the United States is signed. Earlier today, a report claimed that talks on the assets are in their “final stages.” According to …

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