Western official estimates Iran likely has just days of missile strikes left, WSJ reported
Newsquawk Staff ·
Western official estimates Iran likely has just days of missile strikes left, WSJ reported.
What it means
The report suggests that Iran's missile capabilities are dwindling, potentially impacting regional tensions and military dynamics. Such news could ease some geopolitical risk premiums currently priced into oil markets, which may lead to downward pressure on WTI crude prices if investors perceive a reduced likelihood of escalated conflict affecting supply.
Sources
- Rosatom says they will raise the number of construction workers at Iran's Bushehr nuclear power plant to 200 in November, reports Al Mayadeen
- Atomic Energy Organization of Iran Spokesman says protocol for building small reactors with Russia is being finalized
- Iranian Parliament Speaker Ghalibaf says Iran will respond to any act of aggression in a way beyond imagination
- Iranian Foreign Minister Araghchi briefed the Cabinet on diplomatic developments and consultations with Qatar, Pakistan, Saudi Arabia and Turkey, emphasising regional cooperation, collective security and efforts to prevent further escalation, IRNA reports
- Russian Deputy PM Novak says they are open to work with US partners on energy, but there are no current discussions around a return to specific projects
Related headlines
- Qatar has not presented a new proposal to end hostilities between Iran and the US, Reuters reports, citing a senior Iranian official; Tehran's policy of showing no flexibility over the nuclear issue remains unchanged2 hours ago
- Ukrainian President Zelensky says Western powers could eventually discuss Russia's demands for security guarantees, but insists Ukraine's own security needs must be addressed first2 hours ago
- US and Israel have reportedly prepared plans to resume joint attacks on Iran after the US midterm elections to avoid potential economic and electoral consequences, Lebanese newspaper Nidaa al-Watan reports, citing a Western diplomatic source2 hours ago
- [MARKET ANALYSIS] Crude grinds higher, Dutch TTF remains just under EUR 100/MWh, metals subdued 2 hours ago
- [MARKET ANALYSIS] Contained, but a bearish skew, across fixed income into the UK Budget and FOMC2 hours ago
- Russian Deputy Foreign Minister Ryabkov says Russia remains in the preparatory phase for negotiations on Ukraine, TASS reports5 hours ago
- Ukrainian President Zelensky says Ukraine will not attack Russian ships carrying diesel for the US5 hours ago
- Israeli PM Netanyahu's bloc has 56 seats and opposition has 49 seats after 50.1% of votes were counted, according to Israel's Channel 126 hours ago
- Iran's Foreign Minister Araghchi says sustainable regional security requires collective responsibility, mutual respect for sovereignty and cooperation among regional countries without foreign military intervention7 hours ago
- US President Trump says there will be a meeting with Russian President Putin and Ukrainian President Zelensky set up soon, while Trump says there will be a meeting on disarmament during Asia trip8 hours ago
- [MARKET ANALYSIS] Oil prices rebounded after recent choppy price action amid mixed geopolitical headlines, while an inconclusive Israeli election adds to the uncertainty 10 hours ago
- Israel exit poll shows Israeli PM Netanyahu's coalition wins 50 seats, opposition wins 52 seats and Arab-led parties win 18 seats15 hours ago
- Iranian Foreign Minister Araghchi says that the destructive consequences of any military adventurism provoked by Israel in the Persian Gulf region for international markets remain a serious concern for gas exporting and gas consuming countries4 hours ago
- UAE’s Sharjah temporarily closes all its beaches as a precautionary measure after an oil spill, according to a statement45 min ago
- Equinor (EQNR NO) CEO says what happens in the Middle East determines the price of oil, refined products and gas; hopes that Britain will approve the Rosebank oilfield4 hours ago