Iran’s Revolutionary Guard fired ballistic missiles toward U.S. forces on July 28, hours after Trump announced a pause, with CENTCOM intercepting all of them.
Tag: Iran
Posted inMarkets
Brent Crude Falls 5% as Iran-US Pause Eases 13-Day Supply Threat
International oil benchmark Brent crude fell roughly 5% on July 27 after the US halted strikes on Iran and Tehran signalled it would reciprocate, reversing part of the war-driven premium that had pushed prices above $100 a barrel.
Posted inGeopolitics
Iran Signals Attack Halt as US Pauses 13-Day Strike Campaign
After thirteen consecutive days of US air and naval strikes, Washington paused military operations against Iran on July 26 and Tehran indicated it would reciprocate, opening the first serious diplomatic space since the conflict began.
Posted inGeopolitics
Iran Rejects Trump Ceasefire Offer as Bombing Campaign Enters Thirteenth Night
Iran’s foreign minister called Washington’s stance ‘illogical, greedy, and controlling’ after rejecting a ceasefire proposal delivered by Iraq’s prime minister, as US airstrikes continued for a thirteenth consecutive night.
Posted inGeopolitics
Trump Threatens Iran’s Bridges as US Strikes Enter Their 12th Consecutive Night
US forces struck Iranian military targets for a 12th consecutive night as President Trump threatened to destroy bridges and power plants each time Iran attacks a vessel in the Strait of Hormuz.
Posted inGeopolitics
Iran Hits Kuwait Water Plants for Fourth Day as Gulf States Activate Defenses
Iran struck Kuwait’s desalination plants for a fourth day on July 21 as Bahrain, Jordan and Qatar activated air defenses amid the widening US-Iran exchange.
Posted inMarkets
Brent Hits $91 as Houthi Blockade Adds Second Strait to Oil Supply Threat
Brent hit $91.05 on July 21 as the Houthi naval blockade of Saudi Arabia threatened to close the Bab al-Mandeb, adding a second oil chokepoint to the Red Sea supply crisis.
Posted inGeopolitics
Houthis Declare Naval Blockade of Saudi Arabia, Opening a Second Oil Chokepoint
Yemen’s Houthis declared a naval blockade of Saudi Arabia on July 20, threatening the Bab al-Mandeb and potentially restricting a quarter of global oil supply alongside the Hormuz closure.
Posted inEconomy
Brent Tops $87 as Iran Escalation Refuels Global Inflation Fears
Brent crude settled at $87.20 on July 17 as renewed US-Iran strikes removed the prospect of near-term Hormuz relief, complicating the inflation outlook for the Fed and ECB at a moment when rate decisions hang on energy costs.
Posted inGeopolitics
Iran Escalates as US Bombs Enter Their Seventh Night
US strikes entered a seventh consecutive night across southern Iran on July 17, hitting military logistics and port infrastructure as Tehran vowed to broaden its retaliatory scope.