IRAN MILITARILY EFFECTIVELY OVER
Trump's Iran war may be 'militarily' over, but economic siege still haunts
Trump said on November 10 that the war is "effectively" over militarily. A day after a keenly-watched meeting with Qatar's Prime Minister, he said that another major US bombing campaign against Iran was unlikely for now. So, what does it really mean?
Oil Price Today (November 10): Brent crude falls below $90 for first time in 3 months as Trump says Iran war is effectively over
Crude oil price: Brent crude prices have dropped below $90 per barrel for the first time in nearly three months. US West Texas Intermediate crude futures have also seen declines, slipping to $85 a barrel. President Trump indicated the conflict with Iran is effectively over, suggesting reduced military action is needed. Goldman Sachs has revised its oil price forecasts, predicting potential increases in the coming years.
Iran uses global climate talks to highlight impact of US strike on Minab school
Iran is utilizing the COP31 climate summit to highlight the consequences of a US missile strike on a school. The national pavilion features images of the incident’s aftermath along with a virtual reality experience. Additionally, visiting officials will see exhibits from Ukraine addressing efforts in renewable energy amid conflict. The conference has become a platform for discussing global energy price increases related to regional conflicts.
‘Stone cold loser’: Trump lashes out at Thomas Massie over Hegseth impeachment bid, vows to ‘stand by’ Defence Secretary
President Donald Trump expressed support for Defense Secretary Pete Hegseth in light of a new impeachment resolution. Republican Representative Thomas Massie has reintroduced the impeachment effort, targeting Hegseth's alleged misconduct. Trump criticized Massie as a loser for pushing the impeachment, defending Hegseth's military achievements. Hegseth rejected the impeachment accusations, labeling them as a sham prompted by a disgruntled congressman.
US aircraft evacuated from second UK base due to Iran threat, WSJ reports
US military officials evacuated aircraft from RAF Mildenhall amid a threat linked to Iran. Two refueling tankers were diverted to Germany after security concerns arose. Several additional tankers were moved to various sites throughout the day. This action followed an incident involving five arrests near RAF Fairford that prompted the withdrawal of US bombers. The exact nature of the current threat remains under discussion among US officials.
Hormuz LNG traffic hits highest in October since Iran war began
October exports were the highest since February when the war started and were up from September's corresponding tally of 23 vessels exiting the strait, the data showed.
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Trump says Iran war's 'militarily' over, but US 'locked and loaded'
US President Donald Trump expressed that the military conflict in Iran is essentially concluded. He indicated that military action is not currently deemed necessary, while the US is prepared for any changes. Trump also mentioned ongoing negotiations with Iran, hinting at a potential agreement that could stave off further military actions. Despite this, US military operations remain active, including recent strikes against Iranian targets.
Two Houthi missiles fired towards Riyadh intercepted, says Saudi-led coalition
Saudi Civil Defence had earlier issued an early-warning alert for Riyadh before the coalition announced the interceptions, later saying the threat in the capital had passed.
French officials accuse Iran of being behind refrigerator hacks
French officials have attributed the October cyberattacks on supermarket refrigerators to Iran's Revolutionary Guards. As a result of these attacks, harsh consequences for Iran may follow, including further EU sanctions. The cyber incident impacted hundreds of supermarkets and resulted in significant financial losses nationwide. Investigations are ongoing into similar incidents affecting installations in the United States and Europe.
Iran shot down 260 US aircraft, captured 7 MQM-170 drones, building underground weapons facility: IRGC's spokesman details capabilities
Iran's IRGC has claimed that it shot down 260 hostile aircraft during the conflict initiated by the US and captured seven MQM-170 reconnaissance drones intact last week. The force has also highlighted how it is shifting missile and drone production underground while expanding indigenous manufacturing of missiles, drones and air-defence systems to reduce dependence on foreign suppliers.
Trump to meet Qatar's prime minister as Iran diplomacy faces hurdles
US President Donald Trump will meet Qatar's Prime Minister Sheikh Mohammed bin Abdulrahman Al-Thani at the White House on Monday as efforts to end the Iran conflict face obstacles. Qatar has acted as an intermediary between Washington and Tehran. Secretary of State Marco Rubio said negotiations had made little progress.
Trump announces Task Force Iron Gate to choke off Iran's trade routes, enforce restrictions on weapons supplies
US President Donald Trump has announced Task Force Iron Gate to restrict the movement of weapons, dual-use technologies and sanctioned materials into and out of Iran. The initiative will operate alongside a US naval blockade that CENTCOM says has prevented Iran from exporting more than $25 billion in crude oil.
Trump says renewed attacks on Iran 'highly unlikely' if talks show progress
US President Donald Trump has said renewed military action against Iran is highly unlikely if Tehran agrees to a strong nuclear deal and the reopening of the Strait of Hormuz. He also claimed Washington had identified 38 Iranian bridges for potential destruction, while Iranian officials rejected the prospect of changing Tehran's position.
'Strait of Hormuz gives Iran strategic leverage,' says Iranian official
Iranian official Abbas-Ali Kadkhodaei said the Strait of Hormuz gives Tehran strategic leverage in global affairs, citing recent developments in the waterway. He called for faster implementation of maritime development policies. Separately, Iranian Armed Forces spokesperson Brigadier General Shekarchi claimed the US Republican Party's midterm setbacks showed Washington had failed to break Iran's resolve.
US-Iran war: Tehran says forces 'stronger' than at beginning of war
Iran has asserted that its military has become stronger following the onset of its conflict with the United States. The United States has offered a $20 million reward for information related to Iran's nuclear programme. Both nations have engaged in dialogue to find a resolution to the ongoing crisis, which has affected their economies and military capacities.
Qatar says its mediation efforts between US and Iran continue to prevent escalation
Qatar's Prime Minister Sheikh Mohammed bin Abdulrahman Al-Thani emphasised ongoing mediation efforts between the US and Iran. He stated that Washington remains interested in finding a resolution after the midterm elections. Meanwhile, there are concerns about potential US strikes on Iranian targets if tensions escalate. Iran has proposed a seven-day plan to ease the blockade and improve relations, but it was rejected by Trump.
US military carries out new targeted strike on Iran as Tehran's leaders weigh mediator's proposals
The U.S. military carried out limited strikes on Iran, targeting its air defense systems in response to ongoing tensions. US President Trump stated the military action was minor and efficient, completed in minutes. Concurrently, Iran is reviewing proposals from Qatar aimed at addressing differences related to its nuclear program. Defensive military actions followed the recent midterm elections, affecting Trump's position on conflict resolution.
US offers $20 mn reward for info on 'Iran's nuclear program': CENTCOM
Washington has announced a reward of up to $20 million for information regarding Iran's nuclear program and associated personnel. President Trump emphasized that Iran's military strength has been significantly weakened during the ongoing conflict. Additionally, he stated that Iran is now eager to negotiate a peace deal to end hostilities. Diplomatic efforts to prevent further fighting are being pursued by mediators.
Iran reviewing proposals on Tehran's nuclear programme, officials say
Iran is reviewing proposals made by Qatar that aim to address its nuclear program and tensions with the US. As part of these discussions, Iran is demanding certain core conditions be met by the US. The White House acknowledged ongoing discussions but did not comment on the proposed measures. Regional leaders have engaged in diplomatic talks to ease tensions, with emphasis on political solutions.
US Treasury sanctions Canadian money services firms over Iran-related transactions
US Treasury imposed financial sanctions on eight Canadian money services firms involved with sanctioned Iranian entities. The sanctions block access to dollar-based financial systems and prohibit transactions with US persons. Secretary of the Treasury Scott Bessent stated that Canada cannot provide safe havens for illicit financial facilitators. Additionally, MEXC Global, a virtual currency exchanger, was cut off from the US financial system.
World War III: Why is Trump's 'Doomsday Plane' flying across US? Nuclear-proof aircraft spotted heading to unknown location
The Boeing E-4B Nightwatch, Trump's emergency transport, has been spotted in the skies over the United States, having taken off from Offutt Air Force Base. The purpose of this flight is still unknown, particularly as it coincides with Trump's recent threats towards Iran. Although it may just be part of a regular drill, there has been no confirmation of its mission or any senior officials on board.
House of Trump falling? Vance, Hegseth at centre of rupture talks as Iran war backlash rages
Donald Trump’s crushing midterm defeat has exposed growing fault lines inside his administration, with the Iran war turning from a military campaign into a political liability. Vice-President JD Vance has openly blamed the conflict for the Republican loss, while Secretary of State Marco Rubio has been drawn into reports about a possible exit—claims he and the White House deny. The biggest battle is unfolding around Defence Secretary Pete Hegseth, who faces renewed impeachment calls and investigations once Democrats take control of Congress.
Hegseth vows to fight impeachment as Democrats target US defense chief after midterm losses
US Defense Secretary Pete Hegseth has vowed to resist impeachment efforts following recent congressional elections. After Republican losses, his handling of the Iran war faces scrutiny from lawmakers. President Donald Trump continues to express support for Hegseth despite rising opposition within Congress. Hegseth has defended military policies, claiming they are essential for national security and military funding. The newly formed Democratic majority intends to investigate Hegseth's tenure extensively.
Bank of England set to raise interest rates for first time in three years as Iran war fuels inflation
The Bank of England is widely expected to raise interest rates for the first time in three years as the US-Iran conflict fuels energy prices and inflation. Policymakers remain divided over the need for further tightening and the risks to economic growth.
Iran's leaders say midterm results show US voters have rejected Trump's war
Iranians expressed defiance following the US midterm elections, celebrating the Democrats' victory over Donald Trump. Supreme leader Ayatollah Mojtaba Khamenei indicated no expectation of changes in US policy toward Iran. Politicians and officials warned of severe consequences if the US disregards the election results. Demonstrators in Tehran commemorated the 1979 US Embassy takeover, showcasing ongoing hostility. Recent military actions have intensified, raising concerns about potential renewed conflict in the region.
Iran warns of wider war if US attacks after Trump election rout
Iran's supreme leader, Mojtaba Khamenei, expressed that the Middle East conflict may escalate if US attacks continue. Trump's political defeat in the midterms may limit his military options, yet he retains authority to strike. Iran's leadership is emphasizing the outcome of the elections as a rejection of war by the American public. Diplomatic discussions are ongoing, aiming to prevent further hostilities between Iran and the US.
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