News about Iran
US President Donald Trump has listed the goals of the military operation in Iran.
Kazakh grain supplies resumed after a two-week break since the beginning of the war in the Middle East. This week Ak Bidai Terminal in Aktau started transshipment of grain to Iran.
The U.S. Defense Department has proposed to the White House several options for further funding of the military campaign against Iran, Logos Press reported, citing the Washington Post.
The war in Iran is shaking the world economy more and more thoroughly. Global financial markets are showing signs of growing panic amid escalating conflict in the Middle East and a sharp jump in energy prices, analysts say.
US President Donald Trump has vowed to “blow up everything” in Iran’s South Pars gas field if Tehran attacks Qatari gas fields again.
At the opening of the session, oil was trading around $110 per barrel. As of 5:55 Moscow time, the cost of May futures for Brent increased by 4.5% to $112.26 per barrel. In general, oil rose in price by about 11% during the week, and for the month the growth exceeded 50%.
Azerbaijan has sent five trucks with humanitarian aid to Iran. The cargo was sent on behalf of Ilham Aliyev on the eve of Novruz holiday.
Joe Kent, director of the U.S. National Counterterrorism Center, has resigned after publicly stating his disagreement with President Donald Trump’s administration’s decision to launch a military operation against Iran.
During the Soviet period, the Central Asian republics were stereotypically perceived as an arid region. But over the last 40 years, water availability per capita in the region has become even more scarce – it has decreased by more than three times.
The military conflict over Iran is beginning to affect not only oil markets, but also a much less obvious segment – the global pistachio trade.
Two publications, believed to be insiders, have reported the resumption of direct contacts between US President Steve Whitkoff’s special envoy and Iranian Foreign Minister Abbas Araghchi in recent days. However, the latter denied this information.
On Monday, Iranian Foreign Ministry spokesman Esmail Baghaei threatened Romania with an “adequate political and legal response” over that country’s decision to allow Americans to use military bases to refuel planes used in missions in the Middle East.
The U.S. administration is increasing pressure on its allies and China in an attempt to involve them in an international coalition to secure shipping in the Strait of Hormuz, one of the world’s most important energy corridors.
Financial infrastructure and technology hubs in the Middle East have become priority targets for Iranian strikes as the regional conflict escalates. Last week, Iran officially declared banks and economic centers in the U.S. and Israel “legitimate targets.
According to analysts at Goldman Sachs, a sharp rise in oil prices linked to the conflict in Iran could reduce global economic growth by about 0.3% and lead to higher inflation over the next year.
The global aluminum market is rapidly entering a deficit phase after one of the metal’s largest producers, Aluminium Bahrain, announced it would cut nearly 20% of its production capacity amid supply disruptions across the Strait of Hormuz due to the war in Iran.
India has ensured safe passage of liquefied gas tankers through the closed Strait of Hormuz. France and Italy have also started negotiations with Iran on the passage of their ships.
The International Federation of Football Associations (FIFA) has announced that the Iranian national team will face serious sanctions if it unilaterally refuses to participate in the World Cup, Logos Press reported.
The first week of the war with Iran cost the United States more than $11.3 billion. Those are the Pentagon’s new estimates for the U.S. Congress, and they double the “cost” of military action in the first seven days.
The war in Iran has shaken the global oil and gas markets. At first glance, the cryptocurrency market was less noticeably affected. But analysts warn: the risks of investing in crypto-assets have increased significantly. And they can manifest themselves in an unexpected way at any moment.
