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HISTORICAL FACTS: Irgc - The Untold Story

US Stocks Fall as Oil Prices Hit $100 After US-Iran Conflict Turns Violent Overnight

US stocks face renewed pressure as oil prices surge past $100 per barrel amid escalating US-Iran tensions, raising inflation concerns and complicating the Federal Reserve's interest-rate path.

International Business Times UK

First Thing: Conflicting court rulings on Missouri map threaten November’s midterm election

The state can’t use new congressional districts under one court order – or its old ones under another. Plus, the architects in Europe turning urban spaces into areas of climate respite

The Guardian - UK

A school turned memorial: What remains of Iran's Minab site after deadly strike

In the heart-wrenching aftermath of the US airstrike on Shajareh Tayyebeh school in Minab, Iran, families gather amidst the rubble, mourning the loss of around 120 children. As volunteers sift through the debris for traces of the lost lives, grieving relatives pay their respects at Minab's cemetery, preserving the memories…

The Times of India

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US strikes Iranian tankers near Kharg Island; Tehran threatens Gulf oil vessels

The US targeted multiple Iranian oil tankers near Kharg Island in the Persian Gulf on Tuesday, two US officials told CNN, in the latest escalation between Washington and Tehran.

The Times of India

Trump forecasts oil below $2 a gallon after US ‘victory’ over Iran

President Trump forecasts oil prices will fall significantly after a US victory in the Iran conflict. He stated that gas prices could drop below two dollars per gallon. Iran's Parliament Speaker warned Washington against attacking its energy facilities. He asserted that American oil companies share exposure to Iranian assets. Both…

The Economic Times

US redirects 94 vessels as Iran warns of maritime exclusion zone in Gulf

US forces intensified a maritime blockade in the Arabian Sea, boarding and redirecting commercial vessels. Iran's top security official warned of a recalibrated military posture and a Persian Gulf exclusion zone. This action follows Iran's alleged missile tests and threats regarding the Strait of Hormuz. US CENTCOM previously struck Iranian…

The Economic Times

IAEA says Iran blocking nuclear inspectors as Hormuz threats mount

IAEA chief Grossi told the Board of Governors that Tehran had provided no information on declared nuclear materials and inspectors had no on-site access, as Iran's parliament speaker threatened US energy assets with retaliatory strikes and the IRGC warned vessels off the southern Hormuz corridor.

Euronews

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Iran Warns of 'More Painful' Retaliation After US Strikes Three Oil Tankers in Gulf, Raising Fears of Wider Escalation

Mohammad Bagher Ghalibaf warns of a stronger Iranian response after US forces hit three vessels, as renewed maritime confrontations test security across key Gulf shipping routes.

International Business Times UK

"Strait of Hormuz is effectively blocked": Foreign expert Robinder Sachdev on US-Iran "tit-for-tat" phase

The Strait of Hormuz faces sporadic tit-for-tat strikes between the United States and Iran. American forces struck Iranian targets after Iran targeted US warships and bases. Only a fraction of daily shipping traffic now passes through the vital waterway. The US military destroyed three Iranian oil tankers following missile attacks.…

The Economic Times

Iran to tackle economic issues, says further attacks will be 'more painful'

In response to severe US sanctions, Iran aims to implement economic reforms alongside bolstering its military capabilities. After a short lull, tit-for-tat military actions have reignited, further heightening regional tensions. The country's economy grapples with hurdles such as oil export restrictions and global financial seclusion. Reports indicate that despite suffering…

The Economic Times

Iran fuel tanker explosion leaves 11 dead and seven injured

The fuel tanker explosion occurred late on Saturday night

The Independent UK

Iran claims strike on US navy drone, US says it's 'total lie' as Hormuz clashes rage on

As the US-Iran clashes in Hormuz intensify, Iran claimed it struck an unmanned US navy vessel on Sunday, which the US denied as a "total lie". Iran has ramped up its offensive military response in Hormuz warning against any new US attacks.

Euronews

Iran-US war latest: Tehran vows to extend ‘exclusion zone’ near Strait of Hormuz after US strikes on tankers

Centcom denies Iran's claims of successful attack on a US military vessel as a ‘total lie’

The Independent UK

Iran slams US strikes on IRGC Oil Tankers in West Asia, calls it 'war crime'

Iran strongly condemned US strikes on Iranian commercial vessels in the Persian Gulf and Sea of Oman, calling them a violation of the UN Charter and a “war crime”. Tehran warned Washington and its allies of consequences, after CENTCOM said it struck three Iranian crude carriers following alleged Iranian missile…

The Economic Times

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The Economic Times

US military says destroys Iranian oil tankers after missile attacks

The United States destroyed three Iranian oil tankers on Saturday. This action followed Iran's attempted missile attacks on American naval vessels. The United States Central Command targeted tankers linked to the Islamic Revolutionary Guard Corps. These vessels were part of a network funding the IRGC and its regional proxies. The…

Euronews

Iran says it attacked US-linked vessels and tankers as Hormuz clashes intensify

The Islamic Revolutionary Guard Corps claimed that it targeted three oil tankers and three US-affiliated vessels in the Strait of Hormuz as the cycle of violence spirals after the US military struck three Iranian oil tankers earlier on Saturday, in response to Iran targetting the US navy on Friday.

International Business Times

Iran Again Attacked Gulf Countries. Oil Is Climbing Further.

Kuwait said it intercepted missiles and drones launched from Iran.

International Business Times

Hostilities Between Iran And Israel Were Subdued For Months. Tehran Is Now Threatening To Escalate.

Iran has reportedly warned the U.S. that it will target Israel if it attacks a ridge in Lebanon where military members are holed up along with Hezbollah fighters.

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Reason

Strikes Without End

Plus: Stephanie Slade's book is out! and more...

International Business Times

The U.S. Has a New Strategy To Target Iranian Oil: 'Tanker For Tanker'

The U.S. military targeted two Iranian tankers on Tuesday as hostilities around the Strait of Hormuz escalate again.

The Independent UK

Trump has no interest in ‘worthless’ deal with Iran as both sides launch new strikes

US Centcom said it had struck IRGC air defences and maritime assets as Iran targeted American bases across the region

The Guardian - UK

Iran’s currency hits record low – as it happened

This blog is now closed

The Economic Times

'Tanker for tanker': Trump's new retaliation policy behind US strikes on Iran

United States forces struck two Iranian government tankers on Tuesday. These strikes were part of a new policy aimed at deterring attacks. Approximately one hundred targets, including military sites, were hit by US drones. Iran's retaliation involved ballistic missiles and drones, which were largely intercepted. Shipping continued through the Strait…

The Economic Times

Oil Price Today (September 2): Crude oil nears $97 as war tensions escalate. Will it hit $100 again?

The United States said it carried out a series of airstrikes against targets in Iran overnight, drawing a response from Tehran in what was described as the most serious escalation in the conflict between the two countries in weeks.

The Economic Times

Oil up nearly 1% as US and Iran trade fresh strikes

Brent crude futures rose 87 cents, or 0.92%, to $95.52 a barrel by 0008 GMT, while U.S. West Texas Intermediate crude futures climbed 80 cents, or ‌0.89%, to $91.02. Both contracts ⁠soared ⁠more than $4 on Tuesday, marking Brent's largest gain since July 24 and WTI's largest since July 23.

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Mohammad Bagher Ghalibaf

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