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Iran Signals Tight Oil Supply Despite US Sanctions Relief

Tehran, March 21: Iran has stated that it currently holds no surplus crude oil or floating reserves, even after the United States relaxed certain sanctions on Iranian oil shipments already loaded onto vessels as of March 19. Iranian officials clarified that the country’s oil output is closely aligned with existing demand and contractual commitments, leaving […]

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US Spends $5.6 Billion on Weapons in First Two Days of Iran Conflict, Raising Readiness Concerns

Washington, March 10, 2026: The US military reportedly burned through $5.6 billion worth of weapons in just the first 48 hours of its operations against Iran, according to a report by the Washington Post. This figure reflects the cost of munitions alone and does not include the broader expenses associated with troop deployments, aircraft, or […]

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