Strait of Hormuz
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Economy
Global Markets React Sharply to 1st Statement by Iran’s New Supreme Leader
DID Press: Global oil markets experienced a sudden shock on Thursday, March 12, immediately following the release of Iran’s new Supreme Leader Ayatollah Seyyed Mojtaba Khamenei’s first statement. Emphasizing the continued closure of the Strait of Hormuz and ongoing military…
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Economy
Gulf States on the Brink of Food Crisis, 90% of Supplies Imported
DID Press: CNN warns that the ongoing conflict with Iran could seriously threaten food security in Gulf Arab states. Six members of the Gulf Cooperation Council — Oman, Saudi Arabia, UAE, Qatar, Bahrain, and Kuwait — import roughly 90% of…
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Government
Iran Announces Missile Launch Plan, Joint Naval Drill with Russia
DID Press: Iran has issued an aviation notice (NOTAM) announcing a missile launch event on Thursday from 03:30 to 13:30 GMT in designated areas of the country’s south. Earlier this week, Iran conducted military drills in the Strait of Hormuz.…
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Government
US Warns Iran Over Strait of Hormuz Naval Drill Amid Rising Tensions
DID Press: US Central Command (CENTCOM) expressed concern over the upcoming naval exercise by Iran’s Islamic Revolutionary Guard Corps (IRGC) in the Strait of Hormuz, urging Tehran to refrain from what it described as “unsafe and unprofessional behavior.” This warning…
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