News about Iran
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.
The International Energy Agency (IEA) has updated its forecast for global oil production rates in 2026.
In February, the U.S. consumer price index remained unchanged – at 2.4%. Because of this, the price of the first cryptocurrency yesterday jumped by 2.3% to $71,000.
US President Donald Trump told supporters in Kentucky on Wednesday that “we have won” the war with Iran, without providing substantial evidence to back up his claim.
Sports Minister Ahmad Donyamali has announced that the national team will not be able to participate in the upcoming World Cup, according to Logos Press.
As the military conflict over Iran intensifies, it is curious to take a look at the country’s national treasury, with its collection of royal relics and jewels formed over 2,500 years, Logos Press reported.
Obtaining assurances that war will not be resumed, the right to possess a full nuclear fuel cycle and fair compensation for damages are three tough conditions Iran has set for resuming talks with the United States.
The conflict in the Middle East has begun to have a noticeable impact on global apparel supply chains. Due to airspace closures and flight cancellations, many shipments from South Asia have been blocked at airports, creating serious problems for manufacturers and international retailers.
The National Energy Regulatory Agency (ANRE) stated that the hostilities in the Persian Gulf continue to have a significant impact on the prices of crude oil and petroleum products.
UPDATED. Israel’s massive strikes on 30 Iranian fuel depots “far exceeded” U.S. expectations and provoked a major rift between the allies for the first time since the military operation against Iran began.
The incident with an air strike on Nakhchivan is not related to Iran and will be investigated. This was stated by President of the Islamic Republic of Iran Masoud Pezeshkian during a telephone conversation with Azerbaijani President Ilham Aliyev.
US President Donald Trump said that he is not satisfied with the appointment of Mojtaba Khamenei as the supreme leader of Iran. Donald Trump said this to the Fox News TV channel.
The goal is to reduce the deficit on the world market by adding “hundreds of millions of barrels” of Russian oil caught in sanctions. The U.S. stresses that this is not an easing of sanctions pressure on Russia, but a measure to stabilize prices. Washington is also considering further lifting of sanctions on other Russian oil to increase supply.
The analysts compared the military capabilities of Israel and Iran in terms of manpower, air force, land systems, naval resources, defense spending and population.
World investors began to reduce investments in equity funds – for the first time in the last eight weeks. The reason was growing geopolitical risks in the Middle East and fears of accelerating inflation, Reuters reports with reference to the data of analytical companies.
The US President called Khamenei’s son “nothing” and intends to personally participate in determining the new leader of Iran. U.S. intelligence doubts the possibility of regime change.
