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The US Treasury’s sanctions on additional Iranian airlines threaten permanent damage to an already badly bruised industry, all but severing the country’s limited air connections to the rest of the world.
Iran’s Revolutionary Guard says its navy struck a US-operated surface drone at the entrance of the Strait of Hormuz.
The U.S. Army’s 3rd Multi-Domain Task Force (3MDTF) will also participate in the bilateral exercise
President Donald Trump offered voters a quid pro quo: elect Republicans and get a $5,000 payout, which he called the Trump dividend. The proposal is unlikely to become law, as fellow Republicans have already rejected similar ideas and Congress would need to approve a cash payment program with a price tag well over $1 trillion. Iran is ready for a more intense war and will escalate counterstrikes if the US continues attacking its territory and infrastructure, according to a senior official from the Islamic Republic. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)
Iran is ready for a more intense war and will escalate counterstrikes if the US continues attacking its territory and infrastructure, according to a senior official. Bloomberg's Erik Wasson has the latest. (Source: Bloomberg)
Iran’s capture of a US military underwater drone gives Tehran an opportunity to study and potentially reverse-engineer the vessel, delivering a setback for the Pentagon and drone maker Anduril. The US military and Anduril have downplayed the significance of the drone falling into Iranian hands. The vessel, a Dive-LD autonomous underwater vehicle designed for long-range surveillance and other undersea missions, is among a new generation of military drones intended to operate for days with little...
Iran and the US on Wednesday traded their biggest wave of attacks on shipping since the war began, with Iran saying it struck 10 vessels near the Strait of Hormuz after US forces sank five Iranian oil tankers. Brent crude oil surged above $100 a barrel as fears grew over global energy supplies.
Tehran appears to be increasingly targeting Jordanian assets in the latest round of escalation with the US.
Iran's Revolutionary Guards said they have attacked and damaged two U.S. warships and eight oil tankers in the Persian Gulf, in what they call retaliation for a U.S. strike on Iranian tankers.
Iran’s Revolutionary Guards said on Tuesday it had captured a US uncrewed submarine at the entrance to the Strait of Hormuz, offering a rare glimpse into how underwater drones are being used in military operations. Iranian state media said the vessel was a Dive-LD, a large autonomous underwater vehicle built by California defence firm Anduril. The 5.8-metre (19-foot) submersible can carry out missions including mine countermeasures, seabed mapping, intelligence gathering and the inspection of...
Russia pummelled Kyiv with drones and missiles early on Tuesday, resuming its air attacks after a brief halt for the visit of US peace negotiators, killing two people and triggering fires across the Ukrainian capital. France 24’s correspondent in Kyiv Emmanuelle Chaze has the latest.
Russia resumed strikes on Kyiv late Monday after a three-day pause ordered by President Vladimir Putin expired, Ukraine’s emergency service said. The halt coincided with visits to Moscow and Kyiv by US President Donald Trump’s envoys Steve Witkoff and Jared Kushner, who were holding talks aimed at ending the war. Follow our liveblog for the latest updates.
Sweden’s government said on Monday that the country would spend seven billion kronor (US$730 million) to buy US-made HIMARS rocket artillery for it military. The government said in a statement that the acquisition would “enable the Swedish Armed Forces to operate over larger areas, and with greater long-range capacity than with current systems.” Defence Minister Pal Jonson told reporters that the deal covered about 10 trucks equipped with launchers and a large quantity of ammunition, news agency...
Iran unveils plans for a restricted zone, but will Tehran be able to enforce it amid escalating tensions with the US?
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Avril Hong and Paul Allen, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
Oil climbed after the US attacked Iranian tankers and Tehran declared a new restricted zone outside of the Strait of Hormuz, raising concerns about prolonged disruptions to energy flows through the waterway.
China is rapidly expanding a flight-test facility deep in its western desert, satellite imagery has revealed, a push that analysts say could help fast track the development of its next-generation military aircraft as air-power rivalry with the United States intensifies. Latest satellite photos of the facility near Lop Nur, in China’s western Xinjiang region, show four large new hangars, new taxiway work, a circular pad believed to be an engine-run or turnaround area, and possible fuel-storage...
US envoys Steve Witkoff and Jared Kushner arrived in Kyiv on Sunday in their first official visit to Ukraine as part of a renewed push for peace after Russia’s full-scale invasion of Ukraine. Their trip follows a meeting with Russian President Vladimir Putin in Moscow on Saturday, seeking to revive peace talks during escalating aerial attacks by both sides. Ukrainian President Volodymyr Zelensky said on Sunday that Kyiv is ready for a “constructive” discussion with US representatives. “We are...
The US and Iran attack tankers in Strait of Hormuz, as the two sides try to exert control over the strategic waterway.
Iran said on Sunday that its forces attacked a US naval drone trying to enter the Strait of Hormuz, hours after targeting ships in retaliation for American strikes on three oil tankers. The latest round of clashes, which began with US raids last week, comes amid a deadlock in their six-month war. Iran has maintained its stranglehold on the strategic Strait of Hormuz while Washington continues a counter-blockade of Iranian ports. Washington is also seeking to choke Iran’s economy, rolling out...
US envoys Steve Witkoff and Jared Kushner are travelling to Moscow and Kyiv this weekend with what US President Donald Trump says is a new proposal to end the Russia-Ukraine war. Despite Trump's promises to resolve the conflict, Washington's efforts to broker a peace have so far come to nothing.