The IMF issued three scenarios for global GDP amid uncertainty over the war in the Middle East: the main “reference forecast,” a middle “adverse scenario,” and a much worse “severeRead More
WASHINGTON, MAY 4: The top US military general for the Middle East said Monday that Iran had tried to open at US Navy ships and commercial vessels this morning beforeRead More
WASHINGTON, MAY 4: US President Donald Trump threatened Iran would be “blown off the face of the Earth” if US vessels were attacked in the Strait of Hormuz during anRead More
UAE intercepts missiles fired from Iran as emergency warnings issued; a cargo ship caught fire off the UAE coast on Monday, with the British military’s United Kingdom Maritime Trade OperationsRead More
WASHINGTON, MAY 4: The US military said two US Navy guided-missile destroyers had entered the Gulf to break an Iranian blockade and that two US ships had transited the StraitRead More
DUBAI, MAY 4: The United Arab Emirates intercepted three missiles on Monday, the country’s Defense Ministry announced, with a fourth missile falling into the sea. The incident occured as aRead More
