Jet Fuel Prices Soar As War In Iran Ripples Through Global Aviation

Iran Outraged After Assassination Of Top Shia Cleric In Damascus Via The Cradle Iran's Foreign Ministry spokesman Esmail Baghaei on Sunday strongly condemned the assassination of a Syrian Shia religious cleric, describing it as a terrorist attack and "heinous crime." On Friday, Sayyid Farhan al-Mansour, Imam of the Sayyeda Zainab Shrine in the southern suburbs of Damascus, was assassinated after a hand grenade was thrown at his vehicle. Mansour was targeted by unknown assailants shortly after he finished leading Friday prayers and was leaving the shrine. Slain Shia cleric Sayyid Farhan al-Mansour Baghaei said that acts...

India's Trade Deficit Surges As Energy Import Prices Soar India's trade deficit soared in April by more than analysts expected, as the surge in oil and gas prices hiked the Indian energy import bill. The trade deficit jumped by $8bn from $20.6bn in March to $28.38bn last month, higher than the $26 billion estimate, on a broad-based increase in imports. At the same time, total exports grew by 13.8% in April from a year earlier to hit $43.56 billion. Oil imports sequentially rose by around 60% MoM likely driven by higher volumes in April (vs....

Originally published at Judgenap.com and reprinted with permission Despite claims that the US has significantly degraded Iran’s ballistic missile program, US intelligence estimates that Iran has access to the vast majority of its missiles and launchers. Multiple US officials, citing intelligence and military estimates, told The New York Times that Iran has used the ceasefire to dig […]