Tag: iran israel war

West Asia war LIVE: U.S. military says Iran launched 7 missiles at Kuwait, Bahrain

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West Asia war LIVE: U.S. military says Iran launched 7 missiles at Kuwait, Bahrain

Iran still has “21, 22%” of its missiles left, U.S. President Donald Trump said on Friday (June 5, 2026), in a week in which Tehran fired dozens of them toward regional neighbours, despite a sputtering ceasefire. “They still have capacity. They have some missiles; they have some drones. I would say, percentage-wise, maybe 21, 22%…

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West Asia crisis: Crypto fuels drone purchases in Russia and Iran: Report

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West Asia crisis: Crypto fuels drone purchases in Russia and Iran: Report

Commercially available drones have become central to conflict in Ukraine and West Asia [File] | Photo Credit: REUTERS Groups linked to Russia and Iran are increasingly using ‌cryptocurrency to finance the purchase of low-cost military drones and ​components, according to a new report from blockchain analytics ⁠firm Chainalysis. U.S. sanctions Iran’s largest crypto exchange over…

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West Asia war LIVE: Israel military says intercepted projectiles from Lebanon

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West Asia war LIVE: Israel military says intercepted projectiles from Lebanon

Oil prices held on to most of the previous session’s sharp gains in early trade on Tuesday (June 2, 2026) on uncertainty over the status of ceasefire talks between the United States and Iran and the potential reopening of the Strait of Hormuz. Brent crude ⁠futures inched up 6 cents, or 0.06%, to $95.04 a…

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West Asia war LIVE: U.S. not to be trusted, says Iran’s chief negotiator, as Trump toughens terms

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West Asia war LIVE: U.S. not to be trusted, says Iran’s chief negotiator, as Trump toughens terms

Iran says does not trust U.S. as Trump toughens terms Iran’s chief negotiator warned on Sunday (May 31, 2026) the United States was not to be trusted, saying Tehran would not agree to any deal with Washington unless it fully secured Iranian rights. Mohammad Bagher Ghalibaf’s remarks came as reports emerged that US President Donald…

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China’s factory activity slows in May, raising questions over its economy

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China’s factory activity slows in May, raising questions over its economy

The new orders sub-index dropped to 49.9 from 50.6 in April, while the sub-index on production edged down to 51.2 from April’s 51.5. The sub-index for raw material stockpiles fell to 48.6 from 49.3 in April. | Photo Credit: Reuters China’s factory activity was flat in May, according to an official survey released on Sunday…

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U.S. military fires on Gambia-flagged ship violating Iran blockade

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U.S. military fires on Gambia-flagged ship violating Iran blockade

Vessels anchored at the Strait of Hormuz, as seen from Musandam, Oman, May 30, 2026. | Photo Credit: Reuters The U.S. military said Saturday (May 30, 2026) it had disabled a Gambia-flagged cargo vessel attempting to sail to an Iranian port by launching a missile into its engine room. U.S. Central Command (CENTCOM), which oversees…

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U.S. military conducts another defensive strike against Iran

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U.S. military conducts another defensive strike against Iran

The Iranian flag flutters near the Milad Tower, part of the International Trade and Convention Center of Tehran, in the capital on May 25, 2026. File | Photo Credit: AFP The U.S. military on Wednesday (May 27, 2026) conducted its second defensive strike this week against Iran after officials said they observed aggressive activity from…

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Iran accuses U.S. of breaking truce after new strikes

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Iran accuses U.S. of breaking truce after new strikes

Iran accused the United States of breaching their ceasefire on Tuesday (May 26, 2026) and warned it was ready to retaliate after overnight U.S. strikes targeting Iranian missile sites and mine-laying boats threatened a deal to end the war. The Brent benchmark oil price jumped up by more than 4% after U.S. Central Command announced…

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Sri Lanka jolts markets with outsized 100-bp rate hike to counter crisis in West Asia

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Sri Lanka jolts markets with outsized 100-bp rate hike to counter crisis in West Asia

Representative image. Photo: Getty Images/iStockphoto Sri Lanka’s central bank caught ​markets off-guard by raising its benchmark policy rate by an ‌outsized 100 basis points on Tuesday (May 26, 2026), as ​policymakers looked to stem inflation and sharp pressure ⁠on the currency from soaring energy prices. The Central Bank of Sri Lanka (CBSL) raised the overnight…

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