CNN: The Middle East saw waves of attacks for a second day as the US and Iran trade strikes again, further threatening their fragile ceasefire. The US military said it hit 90 targets along Iran’s coastline. In response, Iran’s Revolutionary Guards said they targeted US military bases in Kuwait and Bahrain, while the army said it targeted a US military site in Qatar.
Threats traded: President Donald Trump warned Iran that the strikes would “get much worse” if it attacked more ships in the Strait of Hormuz, after saying he thought the ceasefire was “over.”Iran’s top negotiator said it would retaliate against any attacks, and that the strait “will only open with ‘Iranian arrangements,’ not American threats.”…
Inside Trump’s Oval Office Decision to Ditch the Iran Ceasefire
Angered by the strikes, Trump pressed them on whether they believed Iran was serious about reaching a final deal. In the end, after discussing it with his senior aides, the president decided they weren’t…
Iran war windfall puts Big Oil on collision course with Trump
America’s Big Oil groups are set to post record profits stemming from Donald Trump’s Iran war, setting them on a collision course with the US president, who has accused companies of price gouging at the pump…
Trump reopens the Iran war — and a political problem he can’t shake
Republicans face fall elections tied to a conflict most voters oppose, unable to end it and mostly unwilling to break with the man who started it…
Gulf companies are set to reveal the unequal toll of Iran war
In countries from Saudi Arabia and Oman to the United Arab Emirates and Qatar, company results are likely to be mixed.
Banks and real estate are most exposed given pre-existing challenges that have been exacerbated by the war’s impact on inflation on interest rates, while telecoms were sheltered by long-term contracts and relatively inflexible demand, analysts said…
Iran to bury slain Supreme Leader in culmination of mass funeral
Iran buries its slain Supreme Leader Ayatollah Ali Khamenei on Thursday at the country’s holiest shrine, with his son and successor Mojtaba Khamenei still hidden from public view after being disfigured in the strike that killed his father…
Tanker Attacks Risk Overplaying Iran’s Hand and Reigniting a War
Iran, fearing that its hold over the crucial Strait of Hormuz shipping lanes was gradually slipping away, risked overplaying its hand by again firing on oil tankers and potentially rekindling a major war with the United States, analysts said…
What U.S. Restrictions on Satellite Imagery Mean for Iran Reporting
U.S. satellite image limitations have hampered journalists covering the Iran war. But other sources are offering workarounds, making it harder for militaries to conceal their actions…