Pakistan confirms passage for 20 ships through Strait of Hormuz
Pakistan has confirmed an agreement with Iranian authorities allowing 20 Pakistani-flagged vessels to transit the Strait of Hormuz. It is a development presented by Islamabad as a step towards substantially easing the nation's energy disruption.
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Yemen’s Houthis enter the Gulf war on Iran's side
Yemeni Houthis officially entered the war on March 28 and announced its first operation, firing a ballistic missile against "Israeli military targets."
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Israel hits Iran’s biggest steel plants, Tehran to retaliate
Three co-ordinated Israeli strikes hit all of Iran’s largest steel plants simultaneously on March 28. Iran issued evacuation orders for six of the largest steel plants in neighbouring Gulf countries as well as Israel as it prepared to retaliate.
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COMMENT: Could Iran target undersea cables?
Iran's deadliest weapon is not airborne. Seventeen submarine cables on the Persian Gulf floor carry 30% of global internet traffic and the world's financial bloodstream. The IRGC may already have orders to cut them. EU and GCC leaders are not.
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Iran claims F-16 shot down and Ukrainian anti-drone depot destroyed in Dubai
Iran's IRGC claims it downed a US MQ-9 over Shiraz, struck an F-16 over Fars province and destroyed a Ukrainian anti-drone depot in Dubai killing 21 personnel, as wave 85 of its missile campaign continues.
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Second attack on Iran’s Bushehr nuclear power station raises Chernobyl radiation cloud spectre
A second missile attack in the proximity to Iran’s Bushehr nuclear power plant (NPP) has raised the spectre of a Chernobyl-like cloud of radiation drifting over the Gulf region, making some countries uninhabitable and poisoning the water.
Read StoryCrisis-virus: From disruption to destruction
“We are facing a real shock that is probably beyond what we can imagine at the moment,” said European Central Bank (ECB) head Christine Lagarde in a recent interview.
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Iran war creates perfect storm for the petrodollar - Deutsche Bank
The world was already dedollarising thanks to rising East-West tensions and the US decision to weaponize the dollar in 2022 by seizing the Russian central bank’s reserves. Trump has gone a step further.
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