Southeast Asian diplomats are gathering in Manila this week to address a dual-front crisis: the escalating threat of a war between the United States and Iran and the persistent regional instability in Myanmar and the South China Sea. According to the Associated Press, the 11-nation Association of Southeast Asian Nations (ASEAN) will use these meetings … Read more
The U.S. national average for a gallon of regular gasoline has returned to $4, according to data from the motor club federation AAA. This increase follows renewed military engagement between the U.S. and Iran, which has driven international crude benchmarks higher and raised concerns regarding energy market stability and broader consumer inflation ahead of the … Read more
Global financial markets are reacting to a dual shock as escalating geopolitical tensions in the Middle East drive oil prices above $90 per barrel while a sharp correction hits artificial intelligence-linked stocks. According to AP reporting, the U.S. and Iran are moving toward a broader conflict, while investors in South Korea’s Kospi index sold off … Read more
The United States has expanded its military campaign against Iran, targeting critical infrastructure including bridges, energy facilities, and port towers to pressure Tehran into reopening the Strait of Hormuz. According to the Associated Press, the campaign has resulted in at least 38 deaths and over 400 injuries in Iran as of Friday morning, with Iranian … Read more
The United States intensified military strikes against Iranian targets early Thursday, expanding operations toward Tehran as regional tensions escalate. Following a U.S. naval blockade reimposition, Iran launched retaliatory missile and drone attacks against U.S. allies in Bahrain, Jordan, and Kuwait, according to reports from state media and regional authorities. U.S. Strikes Expand Toward Tehran American … Read more
The United States launched military strikes against Iranian coastal defenses, drone sites, and maritime infrastructure early Tuesday, following President Donald Trump’s announcement that the U.S. will reinstate a blockade of Iranian ports. According to the Associated Press, the escalation has effectively dismantled an interim deal intended to reopen the Strait of Hormuz—a vital global energy … Read more
The U.S. military launched a series of airstrikes against approximately 140 Iranian targets early Sunday, including missile and drone launch sites, in retaliation for an Iranian attack on a container ship in the Strait of Hormuz. According to U.S. Central Command, the strikes aim to degrade Iran’s ability to threaten maritime traffic, even as Iran … Read more
Global oil demand is projected to decline by approximately 1 million barrels per day in 2026, marking the first drop since the 2020 pandemic peak, according to the International Energy Agency (IEA). This downturn stems from rising oil prices and physical supply disruptions caused by conflict between the U.S. and Iran, which hindered crude shipments … Read more
Unclaimed airstrikes across southern Iran have intensified regional uncertainty following the conclusion of a U.S. military campaign. According to the Associated Press, these strikes targeted locations in Bushehr, Sistan and Baluchestan, and the cities of Ahvaz and Chabahar, occurring shortly after U.S. Central Command confirmed its own 90-target operation had ended. While the U.S. denies … Read more
Ayatollah Ali Khamenei, the supreme leader of Iran for over three decades, was laid to rest Friday after being killed in Israeli strikes on Feb. 28. The Legacy of Ali Khamenei and the Islamic Republic Khamenei assumed power in 1989 following the death of Ayatollah Ruhollah Khomeini. According to the Associated Press, he spent his … Read more