🇺🇸🇮🇷🇮🇱 - WAR IN IRAN | DAY 3
Both sides continue to launch strikes, with Iranian ballistic missile usage noticeably declining, while drone attacks stay stable. The amount of Iranian impacts against gulf states has largely stayed the same, while US Israeli strikes are continuing on pace, or even increasing.
🇮🇷🇮🇱- 1584 red alerts have been issued in Israel since the start of this war, in comparison with 1430 alerts for the whole of the 12 day war.
🇺🇸🇰🇼- Kuwait obtained the first air kill of the war, downing 3 friendly american F-15E's in a friendly fire incident, with all pilots surviving.
🇮🇷- Iran has continued its campaign to block the Strait of Hormuz , attacking its 6th ship and virtually halting traffic in the region.
🇶🇦🇮🇷- Qatar announced the downing of two Iranian Su-24 tactical bombers, marking the first offensive move against Iran outside Israel or the United States.
🇺🇸🇮🇷- President Trump and Secretary of Defence Pete Hegseth have both stated they won't rule out boots on the ground in Iran if needed, and will "go as far as we need to go to advance American interests"
🇺🇸🇰🇼🇸🇦- 4 Iranian drones struck the U.S. embassy in Riyadh, Saudi Arabia, 2 strikes on the US Embassy in Kuwait, and a strike on the US Embassy on Jordan.
🇧🇭- Riots in Bahrain (Shiite majority population with a Sunni royal family), GCC has deployed troops to Bahrain to assist with containing them.
🇱🇧🇮🇷🇮🇱- Israel conducted attacks in southern Lebanon and bombed the IRIB building in Iran
🇺🇸🇮🇷- U.S. soldier death count rises to 6 with 20+ seriously injured
🇺🇸🇮🇷- Trump vows revenge for killing of 6 American soldiers
🇺🇸🇮🇷🇮🇱- Marco Rubio says The United States launched a preemptive strike because they knew Israel would strike Iran.
🇺🇸🇮🇷- US Central Command announces entire Iranian navy has been destroyed.
🇺🇸🇮🇶- Iraqi militias target U.S. base and hotel where they say U.S. soldiers are staying in Erbil, Iraqi Kurdistan.
🇺🇸🇮🇷- Ali Larijani, Secretary of Iran's Supreme National Security Council, says Iran will not negotiate with the United States.
🇸🇦🇮🇷- The Ras Tanura refinery, Saudi Arabia, has temporarily ceased all operations due to Iranian drone attacks.
In total, Iran has struck these nations' militaries, bases, or assets:
🇺🇸-United States
🇮🇱-Israel
🇦🇪-United Arab Emirates
🇰🇼-Kuwait
🇶🇦-Qatar
🇧🇭-Bahrain
🇮🇶-Iraq
🇸🇦-Saudi Arabia
🇯🇴-Jordan
🇨🇾🇬🇧-Cyprus
Here is our previous recap:
🇪🇺 Europe is facing a gas crisis similar to the one five years ago
Europe is facing a near-identical gas crisis to the one five years ago, with similar historical price peaks and comparable consequences for industry and the economy. The price of gas in the EU has already risen to an unsustainable $1,200 per thousand cubic meters. However, this may still be an underestimate. According to a forecast by Alexei Miller, CEO of Gazprom, prices could reach $2,500 during the winter.
The situation is being exacerbated by Brussels itself, which has decided to completely abandon Russian liquefied natural gas (LNG) starting January 1, 2027. Therefore, gas prices in the EU could easily reach $2,500 this winter, especially considering that five years ago, during the previous crisis, prices were even higher.
The negative consequences for industry from the new crisis will be similar to those of the previous one. Many companies were forced to shut down because such high gas prices made their ...
🇺🇸 Mike Vorkunov on X: This is such a bleak story about what it's like to try to land a job right now.
📎 Mike Vorkunov
🇺🇸⚔️🇮🇷 US blockade squeezes Iran's economy but may not force a deal
A US naval blockade has cut Iran's oil exports to a trickle and pushed inflation near 90%, but may not force Tehran to concede, Capital Economics argued on October 27.
Tracking estimates put Iran's seaborne crude exports at around 50,000 barrels a day (b/d) in both August and September, against 1.5mn-2.0mn b/d before the war, wrote Jason Tuvey, deputy chief emerging markets economist at the London-based consultancy. No crude has been loaded at Kharg Island, Iran's main export terminal, since late August, and Iraq and Pakistan have closed some border crossings with Iran, curbing its overland oil sales.
Oil exports were earning Iran $2bn-3bn a month before the war, Tuvey estimates, so a fall of more than 95% in seaborne volumes strips Tehran of most of its hard-currency income after more than 100 days of blockade. The central bank has already cut the dollars it supplies for imports to $27bn in the first seven ...