Latest news and articles about Gulf War from NEX English
Fears are rising over a potential resumption of war between the United States and Iran, one month after Washington's ceasefire decision. President Donald Trump continues to assert the effectiveness of economic pressure on Tehran.
Analysts from Swiss bank UBS report that the current disruption in oil supplies closely resembles the events of the Gulf War. They forecast that oil prices could range between $80 and $85 per barrel in the best-case scenarios.
Russia is facing increasing economic challenges due to the ongoing Gulf War, with predictions suggesting that current gains may be short-lived. As the conflict continues, Moscow must prepare for long-term negative repercussions.
Vladimir Safronkov, Russia's envoy for Middle Eastern affairs, warns that the Gulf War has created a conducive environment for terrorist groups, threatening regional stability. This statement comes amid rising concerns over escalating violence and terrorism.