Arab and International

US aggression deepens Hormuz crisis, sending oil demand lower

Wednesday, 12 August 2026

Global oil demand is expected to decline more sharply than previously projected this year as disruptions linked to the closure of the Strait of Hormuz continue to weigh on the market, the International Energy Agency said on Wednesday. ...

20 US facilities, 42 aircraft damaged in Iranian attacks

Wednesday, 12 August 2026

Iranian attacks since the launch of Operation “Epic Fury” have inflicted an estimated $13 billion in losses on the United States, according to a report by “The Wall Street Journal” newspaper. The publication detailed that...

Trump's Truth Social owner reports $238mln quarterly loss

Tuesday, 11 August 2026

Trump Media & Technology Group (DJT.O), founded by US President Donald Trump and best known for its Truth Social platform, reported a substantially larger second-quarter loss, primarily reflecting unrealized losses on its cryptocurrency ho...