Military source tells Tasnim that hours ago, a US oil tanker intended to cross the Strait of Hormuz by turning off radar system, but IRGC Navy fired at it and forced it to turn back, while US army fired into Bandar Abbas but caused no damage
Trump administration is in discussions to fund US drone companies, according to WSJ
BoK keeps 7-day Repo Rate unchanged at 2.50%, as expected
Military source tells Tasnim that hours ago, a US oil tanker intended to cross the Strait of Hormuz by turning off radar system, but IRGC Navy fired at it and forced it to turn back, while US army fired into Bandar Abbas but caused no damage
BoJ Governor Ueda says we have seen supply shocks in food and energy, which even if temporary, can lift the overall inflation rate because of their cumulative impact
Fed's Kashkari (2026 voter) says labour market is in decent shape, consumer prices remain too high, and inflation remains the top priority
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- This was the cause of the earlier reported explosions.
- No casualties or damages were caused by the US, which fired at a scorched-earth area.
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