ECONOMIC DIVIDE
US shale oil and gas cannot make up for shortages caused by the naval blockade
Conventional oil fields can sustain production for long periods with relatively low reinvestment.
LATEST
IN-DEPTH
From ‘peace president’ to illegal aggression: Israel’s grip on Trump
Donald Trump was elected on his election promise to be a peace president, however, in just over one year he has managed to plunge the world into economic chaos having launched unprovoked war in Iran as a result of Israeli pressure.
ECONOMIC DIVIDE
Yuan: A petro-dollar replacement
Oil transactions denominated in US dollars have long served as a central pillar supporting the stability of the American economy.
POLITICS
IRGC coordinates safe passage of another 35 ships through Hormuz
The Islamic Revolution Guards Corps (IRGC) has announced that it coordinated the transit of another 35 ships through the Strait of Hormuz in the past 24 hours.
POLITICS
Iran in talks with Oman on toll system for Hormuz Strait: Envoy
The Iranian ambassador to France says the Islamic Republic and Oman have been discussing a permanent toll system for the Strait of Hormuz.
POLITICS
Egypt pressures Al-Azhar 'to back UAE' in US-Israeli war on Iran: Report
The Egyptian presidency has pressed Al-Azhar, the leading authority in Sunni Islam, to publicly support the UAE in the US-Israeli “confrontation” with Iran, a report says.
SPORTS
2026 Asian Taekwondo Championships: Iran adds two more gold medals to tally
Iranian fighters secured two additional gold medals on Friday during the second day of the 27th Asian Taekwondo Championships in Ulaanbaatar, Mongolia.
POLITICS
Iran demands punishment for US-Israeli strike on Pasteur Institute
Tehran denounces the deliberate attack on the Pasteur Institute of Iran during the recent US-Israeli war of aggression, saying those behind the “flagrant war crime” should be brought to justice.
DEFENSE
US veteran shames America at site of Minab school massacre
A former US combat veteran has delivered an emotional rebuke to Washington at the site of a destroyed Iranian elementary school.
POLITICS
Yemen reaffirms support for Iran against any potential aggression
The chairman of Yemen's Supreme Political Council has reiterated his country’s full support for Iran, stressing that the recent events have showed that the Israeli regime can be defeated despite its military capabilities.
POLITICS
‘Illegal, unjustified’: Tehran condemns US sanctions on Iranian envoy to Beirut
Tehran strongly condemns US sanctions on Lebanese citizens and officials, as well as the Iranian envoy to Beirut, as an “illegal and unjustified” act aimed at inciting sedition in Lebanon.
DEFENSE
Satellite images reveal damage to Israeli military bases in Iran’s strikes
Newly analyzed satellite imagery has exposed damage to multiple Israeli military installations from Iran and Hezbollah's defensive operations.
SAUDI ARABIA
Saudi Vision 2030 in freefall as fiscal woes from US war on Iran deepens
Saudi Arabia has halted new contracts for Western consultancies and delayed payments as the kingdom struggles with a ballooning budget deficit triggered by the war on Iran.
POLITICS
German president condemns US-Israeli aggression against Iran as ‘unnecessary war’
German President Frank-Walter Steinmeier has taken a strong and principled stance against the illegal joint military aggression by the United States and the Israeli regime on the Islamic Republic of Iran.
PALESTINE
US carried most of Israel’s missile defense burden during Iran war: Report
The US carried most of Israel’s missile defense burden during the war with Iran, The Washington Post reported Thursday.
DEFENSE
May 21: Pezeshkian backs armed forces as IRGC ensures safe ship passage through Strait of Hormuz
President Pezeshkian pledged continued support for the armed forces, the IRGC reported the safe passage of 31 ships through the Strait of Hormuz, and Pakistan continued to mediate talks to end the war.
LEBANON
Hezbollah condemns US sanctions as desperate bid to bolster Israeli aggression
Hezbollah has strongly condemned the latest US sanctions imposed by the Departments of State and Treasury.
POLITICS
Intl. scientists call for restoration of Iran’s Pasteur Institute after US-Israeli aggression
A medical journal maintains that the damage to Iran's Pasteur Institute poses a risk to regional health security.
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