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A NATO spokesperson said it will hold a meeting on Wednesday to discuss airspace incursions involving Poland and Romania and recent drone incidents.
2026-08-12
A NATO spokesperson said it will hold a meeting on Wednesday to discuss airspace incursions involving Poland and Romania and recent drone incidents.
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2026-08-12
Paul Masgrave, associate professor of government at Georgetown University in Qatar, says US military action has not produced expected results against Iran, turning the confrontation into a test of which side can endure longer. He says Washington’s an
Paul Masgrave, associate professor of government at Georgetown University in Qatar, says US military action has not produced expected results against Iran, turning the confrontation into a test of which side can endure longer. He says Washington’s and Tehran’s tolerance for economic or political pain depends on how much cost each is willing to accept to secure more favorable terms. Masgrave adds Iranian hardliners are unwilling to yield for fear of appearing weak and are seeking to inflict maximum humiliation on President Trump ahead of the US midterm elections. He also says the campaign has proved harder than Trump anticipated because US airpower, munitions and deterrence have so far failed to force the outcomes Washington sought.
2026-08-12
Saudi Arabia told OPEC a temporary ceasefire window in the Iran conflict allowed Gulf producers to restore flows, lifting its July crude output by more than 1 MBD to 8.2 MBD from 7.1 MBD in June. Saudi production remains several million b/d below pre
Saudi Arabia told OPEC a temporary ceasefire window in the Iran conflict allowed Gulf producers to restore flows, lifting its July crude output by more than 1 MBD to 8.2 MBD from 7.1 MBD in June. Saudi production remains several million b/d below pre-conflict levels. The IEA estimates Saudi domestic crude stocks rose by early August to at least their highest since 2016. The U.S.-Iran ceasefire has collapsed and renewed hostilities heighten risk to two key export routes—the Strait of Hormuz and Bab al-Mandeb—though Middle Eastern producers are still quietly exporting large volumes. Among seven OPEC members reporting directly to the secretariat, combined output rose 1.88 MBD, with most of the increase from Iraq and Saudi.
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