Commodities
US Ramps Up Economic Pressure on Iran as Trade Ties with UAE Snap
The United States has increased economic pressure on Iran by threatening 'tremendous' consequences for countries that provide Tehran with any kind of lifeline. The UAE has suspended all trade and financial transactions with Iran, while China is the biggest target as it buys over 80% of Iran's seaborne oil.
The Pentagon has shifted logistics to Diego Garcia after Iran struck US facilities in Bahrain. This has complicated Britain's plan to surrender sovereignty over the Chagos Islands to Mauritius, as the US wants unrestricted access to this base.
Israel is creating fake American think tanks and websites to influence AI chatbots and make its government-funded messaging appear as independent research.