3+ day, 20+ hour ago   (224+ words) Boaz Levy, chairman of Israel Aerospace Industries-IAI, has spent more than three decades shaping Israel’s most critical defense technologies. As one of the country’s leading aerospace engineers, Levy’s work has been central to the development of the Arrow missile-defense system…...

5+ day, 9+ hour ago   (1089+ words) Iran’s oil export revenue is drying up as a US naval blockade strangles shipments from the Persian Gulf and offshore stockpiles feeding China dwindle, putting more pressure on Tehran’s battered economy. As a US naval blockade obstructs Persian Gulf shipments…...

5+ day, 21+ hour ago   (294+ words) Plans for Jordan to begin supplying Lebanon with imported natural gas, which will be transported through Syria, were approved by Jordan’s cabinet on Sunday, Jordanian Prime Minister Jafar Hassan announced. Under the newly approved arrangement, Jordan will import liquefied natural…...

6+ day, 20+ hour ago   (1308+ words) Iranian control over the Strait of Hormuz is eroding, and with it part of the risk premium in oil prices. According to recent US government estimates, roughly 15 million barrels of Gulf oil are now leaving the region each day through…...

1+ week, 1+ day ago   (864+ words) US Vice President JD Vance blamed Iran on Thursday for rising fuel prices following attacks on commercial shipping and sharply criticized European countries for failing to do enough to ensure the continued flow of global energy supplies. "The basic reality…...

1+ week, 2+ day ago   (184+ words) The sanctions put the financial entities on the US Treasury's OFAC Specially Designated Nationals list as part of US President Donald Trump's campaign to increase economic pressure on Tehran....

1+ week, 4+ day ago   (246+ words) Allies of the US will support the country's efforts to "economically asphyxiate" Iran, US Treasury Secretary Scott Bessent announced on Tuesday morning. Iran is in "economic death throes," and will soon be ready to make a deal with the US,…...

1+ week, 5+ day ago   (898+ words) Images emerging from Iran in recent days showing vehicles waiting in long lines to refuel are another indication of the severe economic crisis facing the country – one of the most serious Iran has experienced in decades. The rial has continued…...

2+ week, 17+ hour ago   (250+ words) The central banks of Egypt and the United Arab Emirates announced on Sunday that they will coordinate to ensure business continues as usual at UAE branches of Egypt’s Banque Misr after the US Treasury Department proposed restricting US financial institutions…...

2+ week, 18+ hour ago   (946+ words) Recently, an argument has emerged which maintains that the rise of Dubai and the Gulf states was closely tied to Iran’s withdrawal from its regional position after the 1979 Iranian revolution. A stable Iran open to the world, the argument goes,…...