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Keywords: Oil
Donald Trump has acknowledged that the conflict involving Iran contributed to the Republican Party’s disappointing performance in the 2026 US midterm elections, highlighting the growing domestic political consequences of Washington’s foreign policy decisions. The president’s remarks......
A new diplomatic initiative aimed at easing tensions between Washington and Tehran is outlining a possible framework that could address two major sources of confrontation: Iran’s nuclear programme and the disruption of maritime traffic through the Strait of Hormuz. According to a preliminary proposal......
US President Donald Trump has defended Washington’s military spending on operations against Iran, arguing that revenues generated through American oil arrangements involving Venezuela are substantially higher than the financial costs of the conflict. Speaking to supporters in Florida on October......
Iran has warned that renewed Israeli military action in the Persian Gulf could trigger serious economic repercussions far beyond the Middle East, adding a new dimension to an already fragile regional situation. Iranian Foreign Minister Abbas Araghchi issued the warning on Wednesday, October 28, arguing......
Iran has threatened to initiate legal proceedings against South Korean shipping company Sinokor, accusing vessels linked to the operator of repeatedly violating navigation rules in the strategically important Strait of Hormuz. The warning signals a further tightening of Tehran's efforts to regulate......
Yemen’s Houthi movement has claimed responsibility for a missile attack targeting Saudi Arabia’s Ras Tanura oil refinery, one of the kingdom’s most important energy facilities, amid a widening confrontation across the Middle East. On Tuesday, October 27, the group’s military......
US President Donald Trump has renewed his defence of the American military campaign against Iran, arguing that Washington had no alternative but to intervene. Speaking at an election rally in Mississippi on Monday, October 26, he pointed to Tehran’s nuclear ambitions and advancing missile capabilities......
Former US President Barack Obama has renewed his criticism of President Donald Trump’s approach to Iran, arguing that the military conflict has come at a significant cost to the United States and questioning whether the strategy has delivered the results promised by the administration. Speaking......
Saudi Arabia is facing mounting disruption as repeated attacks attributed to Yemen’s Houthi movement threaten air travel, unsettle daily life in Riyadh and force the postponement of major international events. The prolonged closure of King Khalid International Airport has become a particularly......