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Iran Strikes Covert Missile Deal With Moscow In Backchannel Rearmament Iran is squarely in the Trump administration's crosshairs, and both Russia and China are to some degree coming to Tehran's aid with some significant arms deals meant to potentially stave off future attack. Most significantly, the Financial Times is reporting that Russia will supply the Iranians with thousands of advanced shoulder-fired missiles in a deal worth 500 million Euros. via ReutersIt's said to be part of a broader effort to rebuild Iran's air defenses, which were heavily destroyed and retarded by Israeli-US airstrikes in the last...

Crude Presses Higher Amid Fresh Tanker Attacks In Strait Of Hormuz Update(1735ET): It looks like that Iranians have fired on more international vessels in the Strait of Hormuz on Thursday, with the United Kingdom Maritime Trade Operations (UKMTO) Centre within the last couple hours monitoring the below developing situation: UKMTO says it has received a report of two vessels involved in a security incident 4nm West of Khasab Oman The master of the vessel reports seeing four unknown projectiles hit two unknown vessels, causing fire on one vessel, and unsure of the status...

Trump Downplays Iran's Attacks Targeting US Bases In Kuwait & Bahrain: 'They Were Slightly Provoked' Authored by Dave DeCamp via AntiWar.com, President Trump on Wednesday downplayed Iranian attacks that targeted US bases in Kuwait and Bahrain, saying they may have been "slightly provoked" since the US launched strikes against Iran beforehand. "There's a reason for everything, and we hit them pretty hard last night," the president told reporters in the Oval Office. "Some people would say they were slightly provoked because we took a strong action for a different reason, so they were reciprocating." Source:...