Israel has launched a massive joint military offensive with the US on Iran, while demanding the end of Tehran’s nuclear ‘threat’ and promising ‘freedom’ to Iranians.
The last time IAEA inspectors were able to access Iran’s uranium reserves, they determined it had amassed 972 pounds of uranium enriched to 60% — a more than 50% increase from February.
Iran’s nuclear journey has been long and tortuous. It began under the Shah’s regime in the 1950s to become a symbol of scientific progress and a source of nationalist pride.
Iranian armed forces target Al-Udeid Airbase in Qatar. US air defence system is reported to have been activated at Ain Al-Assad Airbase in Western Iraq as well.
While the strait has never been closed in the past, there has also never been a situation where both Israel and the US have directly attacked Iranian nuclear installations.
Industry says manufacturers have 2-4 weeks of buffer stocks, but prolonged disruption could push up shortage risks, especially of consumables like IV and syringes.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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