According to the Governor of the Bank of Israel, Amir Yaron, the total cost of the series of regional conflicts that began after Hamas’s attack on Israel on October 7, 2023, had reached $138 billion by the end of April.
US President Donald Trump has threatened military action against Oman, warning that the Gulf nation could be “blown up” if it cooperates with Iran on plans to impose transit fees in the Strait of Hormuz. Speaking during a cabinet meeting on Wednesday, Trump rejected reports of a potential arrangement between Iran and Oman to jointly…
A recent report by Bloomberg states that Iran has destroyed more than two dozen US MQ-9 Reaper drones since the start of the ongoing conflict between Tehran and Washington, resulting in losses estimated at nearly $1 billion. According to the report, the destroyed drones account for roughly 20% of the Pentagon’s pre-war MQ-9 Reaper inventory. The…
US President Donald Trump has stated that the ceasefire involving Iran is now in a highly fragile condition, describing it as being “on life support” while signaling that the United States may once again consider escorting commercial ships through the Strait of Hormuz. Speaking to reporters at the White House on Monday, Trump said…
