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Gulf War Leaves $58 Billion Repair Bill And Global Equipment Crunch

Last week, JPMorgan - which correctly noted that headlines tend to focus on the fact of damage not the scale - was the first itemize the damage from the war in Iran, finding more than 60 energy infrastructure assets in the Gulf have been affected by drone and missile strikes, with roughly 50 sustaining different deg…

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US military will target Iran-linked ships worldwide, broadening scope beyond blockade

WASHINGTON, D.C. — The US military has widened its efforts beyond the blockade of Iran's ports to allow its forces around the world to stop any ship tied to Tehran or those suspected of carrying supplies that could help its government, from weapons to oil, metals and electronics.

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