Asia Shares Slide, Oil Jumps as Gulf Strike Wave Hits Markets

📉 MARKETS — Asia equities sold off; oil jumped — but the real number is next. 📌 LOOK CLOSER: Asian equities are pricing simultaneous Iranian strikes on four US-basing states and Khandab explosions — one session's damage. Oil's jump is the floor, not the ceiling: Hormuz traffic is at 11-15 vessels daily. London open sets the real benchmark. If Brent clears $85, Gulf sovereign funds face margin pressure and the cost calculus for any off-ramp shifts.

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Iran-Backed Iraqi Militias Refuse Disarmament as US Troops Exit

🇮🇶 BAGHDAD — The US is leaving; the militias aren't going anywhere. 📌 LOOK CLOSER: US withdrawal removes the only external pressure forcing militia restraint. With IRGC proxy coordination active across Yemen and Lebanon, Iraqi factions refusing disarmament signals Tehran will retain a land corridor to Syria post-withdrawal. Baghdad loses

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Pakistan Condemns Houthi Drone Attack on Mecca

🕌 ISLAMABAD — Islamabad condemns loudly; what it won't do is act. 📌 LOOK CLOSER: Pakistan's condemnation is calibrated — strong enough to signal Sunni solidarity with Riyadh, silent enough to avoid entangling Islamabad in Yemen. With MBS in Cairo seeking Egyptian troops, Sharif's statement is a diplomatic

breaking

Houthis Confirm Saudi F-15 Shot Down by Locally Made Surface-to-Air Missile

🎯 YEMEN — Riyadh's air superiority just became the war's biggest open question. 📌 LOOK CLOSER: An indigenous Houthi SAM killing an F-15 ends the assumption underpinning 52 daily strikes. Saudi pilots now fly into contested airspace over Taiz and Dhubab without reliable threat data. Riyadh's

newsupdates

US House Passes War Powers Resolution on Iran for Third Time

🏛️ CONGRESS — Third vote, same result: the House can't end a war the Senate won't stop. 📌 LOOK CLOSER: A House war powers resolution dies in the Senate — that's been the pattern twice already. With DEFCON 1 active and Trump's electoral timeline driving strategy,

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Iran-Backed Iraqi Militias Refuse Disarmament as US Troops Exit

Pakistan Condemns Houthi Drone Attack on Mecca

Houthis Confirm Saudi F-15 Shot Down by Locally Made Surface-to-Air Missile

US House Passes War Powers Resolution on Iran for Third Time