Six months into the war between Iran and the US-Israel alliance, Tehran is presenting the conflict as a victory, but the claim says more about Iran’s political strategy than it proves about the battlefield. Major General Ahmad Vahidi, commander of Iran’s Islamic Revolutionary Guard Corps (IRGC), said Iran had defeated what he described as the…
Global oil markets are once again being pushed higher by the standoff between the United States and Iran over the Strait of Hormuz, with Brent crude climbing sharply as hopes of a quick reopening of the strategic waterway fade. The U.S. Energy Information Administration has raised its 2026 Brent price forecast to about $87 per…
The latest developments around the Strait of Hormuz are exposing a bigger problem than whether commercial ships can return to the waterway: international rules are struggling to keep pace with a geopolitical crisis. Iran and Oman are reportedly close to an arrangement that would create separate routes for ships travelling through the strait, with discussions…
The conflict between the United States and Iran has entered another dangerous phase, with Washington carrying out its latest wave of airstrikes while Tehran continues to warn of broader retaliation across the Middle East. The U.S. military confirmed it has concluded another round of strikes on Iranian targets, marking 11 consecutive nights of military operations…
Hundreds of thousands of mourners flooded the streets of Tehran on Monday as Iran held one of the largest funeral processions in its modern history for former Supreme Leader Ayatollah Ali Khamenei, whose death in U.S.-Israeli airstrikes earlier this year has further inflamed tensions across the Middle East. The procession stretched from Revolution Square toward…
Iran has begun week-long state funeral ceremonies for its late Supreme Leader, Ayatollah Ali Khamenei, with massive crowds gathering in Tehran as the country’s leadership urges citizens to remain united during a period of heightened regional tensions. Thousands of mourners filled the Imam Khomeini Grand Mosalla prayer complex on Saturday, where Khamenei’s flag-draped coffin was…
Fresh military tensions in the Persian Gulf are sending shockwaves through global shipping markets, with maritime industry groups warning that war-risk insurance premiums have jumped by around 15% following the latest escalation between the United States and Iran. The increase comes after Iran’s Islamic Revolutionary Guard Corps (IRGC) claimed it carried out overnight drone and…
