💥 ERBIL — Iran is bombing Iraq while negotiating with Washington for economic relief. 📌 LOOK CLOSER: IRGC has struck Kurdish opposition camps in northern Iraq before, but timing matters: Tehran is signaling domestic hardliners it hasn't gone soft while striking US-linked targets elsewhere. Erbil hosts US personnel and Kurdish forces Washington backs. Baghdad now faces pressure to protest — or absorb it silently as usual.
newsupdates
🛢️ ROME — Italy is paying a €12B war premium it has no vote in ending. 📌 LOOK CLOSER: With Hormuz functionally closed and Brent anchored above $92, Italian industrial and household energy costs absorb the shock directly. Rome imports roughly 75% of its energy needs — no domestic buffer. Meloni has no bilateral
dailybrief
Washington launches "Operation Economic Outcast": 60 entities sanctioned, oil slides to $92. Tehran fires back — rial hits record low, vows no deal without concessions. Pakistan and Oman shuttle in. The math doesn't change.
dailybrief
Washington lancia "Operation Economic Outcast": 60 entità sanzionate, petrolio in calo a 92 dollari. Teheran risponde con l'arma del rial a zero e minaccia: niente deal, niente Hormuz. Il Pakistan ci prova, Oman va a Teheran. Ma la matematica non cambia.
breaking
💧 HORMUZ — One ship. That's not a slowdown — it's a closure. 📌 LOOK CLOSER: From 130 pre-war transits to 8-15, now to one. The strait is functionally closed. Every refinery, insurer, and freight desk treating Hormuz as operational must now reprice. Brent gaps upward at open.