Trump says U.S. monitoring buried Iranian enriched uranium
WASHINGTON, May 10 (Xinhua) -- U. S. President Donald Trump has said that the United States is monitoring Iranian enriched uranium buried under the rubble, and the U.
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Iran warns against complying with US sanctions as Gulf attacks reported
The warning comes as a commercial vessel is hit off Qatar, and both the UAE and Kuwait report drone attacks.
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World oil reserves drain at record pace Bloomberg
Disruptions in the Strait of Hormuz are pushing global inventories toward operational stress and floor levels, the outlet has reported Global oil inventories are shrinking at the fastest pace on record amid continuing disruptions in the Strait of Hormuz, Bloomberg has reported. The outlet cited data from Morgan Stanley on Saturday showing that global oil stockpiles fell by about 4.
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Aramco CEO says world lost 1 billion barrels of oil in two months
Aramco CEO says world lost 1 billion barrels of oil in two months Saudi Aramco chief executive Amin Nasser said on Sunday that the world had lost around one billion barrels of oil supply over the past two months, according to Reuters. The comments came after Aramco reported a 25 percent rise in first-quarter net profits. Nasser added that global energy markets would need time to stabilise even if the Strait of Hormuz reopened and commercial shipping resumed.
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Mass Layoffs in Iran as Businesses Buckle Under Wartime Pressures
Iran was already struggling economically before 2026 brought widespread instability. A government-imposed internet shutdown has crippled an entire sector.
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Drug prices jump up to 400% as shortages strain Iranian pharmacies
Prices for some medicines in Iran have surged by as much as 400% and pharmacies are struggling to supply critical drugs to patients, a pharmacists’ association official said on Sunday.
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CIA report shows Tehran could withstand US blockade for 4 months
WASHINGTON, D. C. :/CAIRO: Even as the forces of the United States and Iran exchanged fire in the Middle East on May 8, a U.
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Large oil slick detected near Iran's Kharg Island: Report
Washington DC [US], May 10 (ANI): A large oil slick has been detected in the Persian Gulf near Kharg Island, Iran's main crude oil export hub, raising fresh concerns over the condition of the country's oil infrastructure amid mounting regional tensions and shipping disruptions, according to a report by The New York Times.
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Putin says Moscow prepared to store Iranian enriched uranium
Putin says Moscow prepared to store Iranian enriched uranium Russian President Vladimir Putin said Moscow is prepared to transport and store Iran’s stockpile of enriched uranium, reviving an arrangement previously used under the 2015 nuclear agreement. Speaking at a news conference in Moscow, Putin said Russia had removed enriched uranium from Iran in 2015 and was ready “to repeat this experience”. Putin said all sides in the conflict had initially agreed to move the uranium out of Iran, but negotiations later stalled.
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IRGC-linked media calls for fees on Hormuz undersea internet cables
IRGC-linked media called for Iran to generate revenue from undersea internet cables passing through the Strait of Hormuz, framing the waterway not only as an energy and shipping chokepoint but also as a digital pressure point.
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Oil chiefs warn Hormuz closure exposes fragility of global energy system
Oil chiefs warn Hormuz closure exposes fragility of global energy system Senior figures in the oil and gas industry say the war involving Iran is set to reshape the global energy system, warning that recent disruptions have exposed deep structural weaknesses. Speaking to CNBC, industry leaders said the closure of the Strait of Hormuz has laid bare how vulnerable global supply chains are to shocks. They warned the disruption will drive a fundamental shift in the energy landscape, with governments and companies expected to place far greater emphasis on resilience.
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US says naval blockade on Iran continues, 58 vessels diverted
US says naval blockade on Iran continues, 58 vessels diverted The United States says it is maintaining its naval blockade on Iran, with operations ongoing in the region. US Central Command said in a post on X its forces have intercepted dozens of vessels since mid-April as part of efforts to enforce the blockade. It added that, since 13 April, US forces have diverted 58 commercial ships and disabled four others to stop them from reaching Iranian ports.
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US seizes enriched uranium from Venezuela
Washington has hailed the operation as a major security victory amid its standoff with Iran over a far larger stockpile The US has triumphantly announced that it has removed highly enriched uranium (HEU) from Venezuela in what the US Department of Energy (DOE) hailed as a victory for America and "the world.
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Bahrain arrests 41 people it says are linked to Iran’s IRGC
Bahrain arrests 41 people it says are linked to Iran’s IRGC Bahrain’s interior minister said on Saturday that it arrested 41 people allegedly connected to Iran’s Revolutionary Guards, according to reports in the state news agency.
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Long Overlooked, Caspian Sea Provides Strategic Trade Route for Iran
The landlocked body of water has taken on new significance, with Russia shipping military and commercial goods to bolster Tehran’s ability to withstand the U. S. assault.
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New US sanctions target Iran's military procurement networks under Trump's "Economic Fury" campaign
Washington DC [US], May 9 (ANI): The US Treasury Department on Friday (Local Time) announced sweeping new sanctions targeting individuals and companies accused of helping Iran procure weapons, UAV components and missile-related materials as part of the US President Donald Trump administration's 'Economic Fury' campaign.
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CIA estimates Iran can withstand blockade for four months
CIA estimates Iran can withstand blockade for four months A Central Intelligence Agency assessment has concluded that Iran could withstand the current US naval blockade for about four more months before facing enough economic pressure to force major concessions, according to a Reuters report citing a US official familiar with the analysis. The assessment suggests that Washington’s efforts to pressure Tehran have so far had only limited economic impact. The report comes as diplomatic efforts to end the conflict between the United States and Iran appear to be losing momentum.
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Massive $7bn oil bets before Trump's Iran announcements raise questions
Massive $7bn oil bets before Trump's Iran announcements raise questions Trading data reviewed by Reuters showed that investors placed roughly $7 billion in bets on falling oil prices during March and April, shortly before major announcements by US President Donald Trump concerning Iran policy and the war in the Middle East. The positions, involving crude oil, diesel and gasoline futures on the Intercontinental Exchange and Chicago Mercantile Exchange, were executed immediately before statements that triggered sharp price declines, raising questions about possible use of undisclosed information. Reuters reported that traders first identified unusual activity on 23 March, minutes before Trump announced a delay in attacks on Iranian energy infrastructure, causing prices to fall sharply.
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Oil prices rise amid Hormuz tensions, hopes for agreement
Oil prices rise amid Hormuz tensions, hopes for agreement Brent crude futures rose sharply on Friday as tensions escalated between the United States and Iran in the Strait of Hormuz, though gains eased later amid expectations of a possible diplomatic breakthrough. Brent crude settled at $101. 29 per barrel, up $1.
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Rubio says sanctions target Chinese entities providing Iran with satellite imagery
Rubio says sanctions target Chinese entities providing Iran with satellite imagery US Secretary of State Marco Rubio said Washington had imposed sanctions on Chinese entities accused of providing Iran with satellite imagery used to support attacks against US forces in the Middle East. Rubio said the sanctions also targeted Iran’s overseas arms procurement networks and international companies alleged to have supplied raw materials for Tehran’s missile and drone programmes. “We will use our unilateral sanctions to pursue any party that violates UN Security Council resolutions on Iran,” Rubio said.
