Iran, Strait of Hormuz and Oil
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Iran war has led to shortfalls in US munitions
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US-Israel-Iran war latest live news: What happened over Qeshm Island? IRGC claims 52nd US MQ-9 drone downed using new air defence system
India, Sept. 16 -- US-Israel-Iran War Latest Live News: Iran's Islamic Revolutionary Guard Corps (IRGC) has claimed that it shot down a US MQ-9 drone over Qeshm Island at around 2:29 am on Wednesday,
The cost of shipping US crude to Asia has surged to a fresh record as buyers are desperate to secure energy shipments amid escalating disruptions to supplies in the Middle East. As of Tuesday, it cost about about $44.
The war with Iran has cost the United States approximately $38 billion, according to the Congressional Budget Office on Tuesday.
Damaging budget report estimates cost would grow $3bn per month and stockpile could take five years to rebuild
Hogere energieprijzen als gevolg van het conflict zullen naar verwachting opwaartse druk uitoefenen op de consumentenprijzen en de inflatie volgend jaar aanjagen.
Report by nonpartisan research body finds that replenishing depleted munitions stockpiles could take up to five years.
Despite pressure mounting for a clear way out of the war, meaningful negotiations between the U.S. and Iran remain stalled. Here’s what each side has said regarding the status of peace talks, and how experts predict Iranian officials could use the Houthis’ disruption in the Red Sea to their benefit.
Protesters are taking to the streets around the world to voice anger about skyrocketing fuel prices and rolling blackouts, as the war in Iran drives up the cost of energy.