Iran

U.S. Tomahawks are being used in Iran war faster than stockpile is being refilled

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Washington — The U.S. has so far used hundreds of Tomahawk cruise missiles against Iran, according to two sources familiar with the matter, several times more than the number procured for the military each year.  One of the sources said over 850 have been used so far in the conflict, a figure that is roughly … Read more

Examining prospects of U.S. military ground action in Iran

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Examining prospects of U.S. military ground action in Iran – CBS News Watch CBS News As negotiations between the Trump administration and Iran continue, American troops are flowing to the Middle East. CBS News national security analyst Aaron MacLean joins “The Takeout” to assess the state of the war. Source link

CBS News gas and oil price tracker shows how much energy costs are rising amid the Iran war

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The war with Iran is pushing up oil and gas prices, creating widespread financial strain on U.S. motorists, food delivery drivers, farmers as well as the U.S. Postal Service.  Analysts say prices are likely to remain elevated until shipping resumes in the Strait of Hormuz, a key waterway between the Persian Gulf and the Gulf of Oman through … Read more

Insider trading concerns around the Iran war are on the rise. Can anyone police the bets?

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A flurry of bets made prior to major announcements about the Iran war has ramped up speculation that individuals or groups with advance knowledge of U.S. military plans are cashing in on insider information. And while prediction market platforms Polymarket and Kalshi now say they are taking more proactive measures designed to prevent such illicit … Read more

Iran backlash forces Gulf allies toward Washington as regional tensions rise

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NEWYou can now listen to Fox News articles! Saudi Arabia and other Gulf allies are showing signs of a quiet but consequential shift in their posture toward Iran, as escalating attacks across the region test years of careful balancing between Washington and Tehran. For much of the past decade, countries like Saudi Arabia and the … Read more

As Iran keeps Strait of Hormuz closed, it’s also threatening to target another vital Mideast shipping lane

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Iran’s Revolutionary Guard Corps has declared the Strait of Hormuz — a waterway through which around 20% of the world’s crude oil supply flowed until the war — closed to any ships not explicitly granted permission by Tehran, warning of a severe response for any violators.  The global price of crude oil jumped over $110 a … Read more