WASHINGTON: The Pentagon is seeking an additional $200 billion in funding to support the ongoing conflict with Iran, a request that is expected to face intense scrutiny in United States Congress, which must approve any new spending. Read More: Pentagon races to rebuild weapons stockpile after Iran strikes According to a senior administration official, the proposal has been […]
Iran war
Global stocks fall as oil surge fuels market uncertainty
Global financial market declined on Friday as escalating tensions linked to the Iran war pushed oil prices above $100 per barrel, raising concerns about inflation and future interest rate decisions. All three major US stock indexes ended the day and the week in negative territory. The Dow Jones Industrial Average slipped 0.25%, while the S&P […]
Pakistan backs Bahrain, calls for de-escalation as Iran war continues
Pakistan called for dialogue and de-escalation to resolve the ongoing Iran war, an official statement said on Tuesday, expressing concern over its continuing spillover into neighboring Arab states following Tehran’s attacks in the Gulf region. Tensions in the Gulf have surged since coordinated strikes by the United States and Israel against Iran on Feb. 28, […]
Putin urges quick diplomatic solution in call with Trump over Iran war
Russian President Vladimir Putin has called for a swift political and diplomatic solution to the ongoing conflict involving the United States and Israel against Iran during a phone conversation with US President Donald Trump, according to the Kremlin. Read More: Russia warns World War III could start under Trump The one-hour telephone call took place on […]