This comes after Saudi Arabia announced temporary closure of one of its largest oil facilities following drone attacks. Qatar’s state-run energy firm says it has halted liquefied natural gas production after Iranian attacks, sending gas prices soaring in Europe and Asia, as Saudi Arabia announced it was temporarily shutting down …
Read More »The Global Economic Shockwaves of the Attack on Iran
As of March 2, 2026, the attack on Iran has already begun to reverberate far beyond the immediate theatre of war. Financial markets reacted within hours. Oil prices surged. Shipping routes were disrupted. Currencies weakened. The world economy, still fragile after years of pandemic recovery and the prolonged Ukraine conflict, …
Read More »Iran Update Morning Special Report: March 2, 2026
Key Takeaways: The combined force continues to degrade Iran’s retaliatory capabilities. Satellite imagery captured on March 2 shows damage to a missile base near Najafabad, Esfahan Province. The imagery shows three impact points likely caused by bunker buster bombs.The combined force has continued to attack Iranian naval assets in order …
Read More »Iran after Khamenei: Will the Islamic Republic survive?
Iran’s regime was built to outlast any single leader, but Khamenei’s killing will trigger factional competition that could redefine the country’s future The announcement came on Saturday evening and spread with the speed of panic: Ali Khamenei, 86, Iran’s Supreme Leader for over three decades, had been killed in joint …
Read More »Iran’s new wave of attacks escalates threat to the world’s largest oil and gas hubs
Saudi Arabia and Qatar, the world’s top oil and LNG exporters, find their critical energy infrastructure under fire Iran’s retaliatory strikes on Gulf states are now threatening the world’s largest oil and gas export hubs, marking a dangerous escalation from tanker harassment to direct attacks on energy infrastructure. The shift …
Read More »Russia Watches Iran War From the Sidelines
Amid its all-consuming war in Ukraine, Russia has repeatedly found itself struggling to shape other global events — from the Caucasus to the Middle East to Latin America. Moscow is now again watching from the sidelines as the United States and Israel seek to topple the regime in Iran, potentially …
Read More »Beijing Offers Tehran Lukewarm Rhetorical Support as Iranian Actions Threaten China’s Oil, Trade Flows
Actions speak louder than words. But right now, words are all that China can afford to offer the regime in Iran. On March 1, the Chinese Foreign Ministry condemned the killing of Iranian Supreme Leader Ayatollah Ali Khamenei while urging an immediate cessation of hostilities. Beijing has long supported Iran …
Read More »Syria exposed to missiles amid ongoing Israel-Iran attacks
Four people, including children, were injured after missile debris fell on the Southern Ring Road near the town of Ain Tarma and the city of Jaramana in the Damascus countryside, as Israel and Iran continue exchanging missile attacks. An Enab Baladi correspondent in Damascus reported that the missile was heading …
Read More »Blow after blow to the power of Iran and its proxy militias set the stage for US-Israel attacks
As Israel unleashed a sweeping military response to the brutal Oct. 7, 2023, assault by Hamas, it aimed punch after punch at the power of Iran, the militant group’s longtime sponsor, and its other proxies and allies in the region. The result has been a rapid and systematic degradation of …
Read More »IDF strikes in Beirut after Hezbollah enters fray and fires rockets, drones at north
No reports of injuries or damage in Israel; terror group says attacks are ‘revenge’ for Khamenei’s killing; Lebanese PM condemns ‘irresponsible act’; IDF says Hezbollah ‘destroying Lebanon’ Rockets and drones launched from Lebanon set sirens blaring across northern Israel in the early hours of Monday, as the Hezbollah terror group …
Read More »
Eurasia Press & News