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Gulf War Leaves $58 Billion Repair Bill And Global Equipment Crunch

Gulf War Leaves $58 Billion Repair Bill And Global Equipment Crunch Last week, JPMorgan - which correctly noted that headlines tend to focus on the fact of damage not the scale - was the first itemize the damage from the war in Iran, finding more than 60 energy infrastructure assets in the Gulf have been affected by drone and missile strikes, with roughly 50 sustaining different degrees of damage.  What about the actual dollar value of the inflicted damage? According to Rystad, repair and restoration costs for energy-linked infrastructure as a result of...
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Sep 7, 2026 /
US Envoys Present ‘New’ Ideas in Moscow and Kiev That Could Rekindle Negotiations
The trip by President Donald Trump’s envoys Steve Witkoff and Jared Kushner to Moscow and Kiev was met positively in both capitals. Following their meeting with President Volodymyr Zelensky in Kiev on Sunday, one senior Ukrainian presidential official described the American proposal as “not the same as it was before. This one now is more […]
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Aug 5, 2026 / Tyler Durden
US Expands Strategic Foothold On Somalia's Coast As Yemen Conflict Simmers
US Expands Strategic Foothold On Somalia's Coast As Yemen Conflict Simmers Authored by Dave DeCamp via AntiWar.com, A US military delegation visited the local government in Somalia's northeastern Puntland region on Sunday and signed a deal to expand the US military presence in Bosaso, a port city on the Gulf of Aden, according to the Puntland government. Saeed Abdullahi Deni, the president of Puntland State, held talks with a delegation led by Maj. Gen. Claude Tudor, the commander of US Special Operations Command Africa. Maj. Gen. Tudor and President Deni. Source: Puntland government image "Puntland and...
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May 7, 2026 / Tyler Durden
Iranian President Says Iran Willing To Prove Peaceful Nature Of Nuclear Program
Iranian President Says Iran Willing To Prove Peaceful Nature Of Nuclear Program Iran has told other regional countries that it is ready to 'prove' that its nuclear program is peaceful in nature, and that it is willing to meet international standards in that regard, according to the Iranian presidency. This comes as Iran's Foreign Ministry has insisted that the nuclear issue be left out of talks related to ending the war with the US, with a statement saying that "at this stage, we do not have nuclear negotiations" - but which...
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