Tag: Iran
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Euro bounces back by 1% to $1.12 following Friday’s fall, with stronger-than-expected GDP figures
The Euro is bouncing back this morning and is trading at around $1.12 after falling towards $1.11 amid fears that the war with Iran will continue. A flurry of tweets followed over the weekend, including statements by Iran’s Ayatollah signalling military readiness for war. Qatar is reportedly negotiating between Iran and the United States in…
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European Parliament approves motion requesting Houthis to be designated as a terrorist group
The European Parliament has adopted a resolution calling on the European Union to designate the Houthis as a terrorist organisation, following the escalation of attacks against Saudi Arabia and the ongoing war in Yemen. The resolution also calls for the EU to recognise Iran’s destabilising role in the Middle East, particularly through its support for…
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Donald Trump’s failures and betrayals give China greater confidence to challenge Taiwan
China is now more than ever emboldened to take over Taiwan following President Donald Trump’s betrayal of Ukraine and his war on Iran. The US war on Iran resulted in a military success and a strategic disaster. Despite curtailing Iran’s nuclear and ballistic missile capabilities, the US has to keep a force of more than…
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Five British men arrested on terror investigation released on Police bail: Iran denies any involvement
The five men arrested yesterday, suspected of planning to carry out a terrorist attack at the British military base RAF Fairford in Gloucestershire, have been released on police bail but remain under investigation. All five men are British nationals from London and are aged between 23 and 25. The farmer who tipped off the police…
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Trump ponders diesel export ban: Abbas Araghchi still in New York
US President Donald Trump is pondering a potential diesel export ban to lower domestic fuel prices, he told reporters yesterday, Sunday. A US diesel export ban would put massive price pressure on European fuel purchases, given that Europe has replaced a significant chunk of Russian diesel imports with supplies from the US. President Trump also…
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Benjamin Netanyahu says Golan Heights are Israel’s
Speaking at the Untied Nations General Assembly, Israeli Prime Minister Benjamin Netanyahu said that the Golan Highest are Israel’s and that according to the Bible the Jews have been there for thousands of years. Israel invaded the Golan Heights in December 2024 after the Syrian Revolution. A significant number of delegates walked out of the…
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Houthis take over Hanish islands: continue blockade on Saudi shipping
The Houthis in Yemen have taken control of the strategically important Hanish islands including Zaqar in the Red Sea, at the mouth of the Bab el-Mandeb Strait, giving them significantly greater capability to enforce their blockade against Saudi shipping. The Houthi’s spokesperson Yahya Qasim Saree said that only Saudi Arabian shipping will be targeted and…
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Oil hits $100 again as war in Yemen and the Persian Gulf flares up again
WTI futures have hit $100 today after the raging war in Yemen affected Saudi Arabia’s crude-oil refining capabilities. The Houthis began attacks on Saudi Arabia last month with Saudi Arabia responded with air-strikes and military operations. The Saudi military operations with the Yemeni government have had several successes, with Yemeni troops occupying positions in Al-Jawf…
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No liberation for you and the fallacy of left-wing purity
I could write very lengthy tomes about the fallacies of the “anti-imperialist” far left of today. All these fallacies came out clearly in the letter by far-left intellectuals to Iranian political prisoners published in The Guardian. The photograph, taken in January of this year in Tehran, shows a truck loaded with the dead bodies of…
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Iran and Houthis renew mild attacks as Iran-US ceasefire ends
The Houthis in Yemen have launched drones at Saudi Arabia’s airport and oil refinery in Najran in the south of the country, while the Iranian regime has renewed its attacks on commercial shipping passing through the Strait of Hormuz after an Iran-US ceasefire ended earlier this week on Monday 17th August. US naval operations in…
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A defence coalition against Israel and Iran
Turkish President Tayyip Erdogan has stated that the defence agreement signed with Saudi Arabia and Pakistan is not aimed against anyone but we all know why the three Muslim states are joining together to guarantee to guarantee each other’s security. Iran and Israel are currently the most aggressive belligerents in the region with Turkey’s main…
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Iran strikes vessels passing through the Strait of Hormuz
The IRGC has continued to strike at commercial vessels passing through the Strait of Hormuz without permission as of early this morning. The strikes this morning follows a strike on the Greek-operated and Liberian-flagged Minoan Pioneer last Monday. The IRGC confirmed today’s attacks via state media. The IRGC insists that vessels passing through the Strait of…