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Iran — news, coverage & facts — IJR

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Iran — SVG file: SiBr4Designer: Hamid NadimiConstruction: ISIRI · Public domain

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Iran

country in Western Asia

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Iran-Ukrainian Caspian Clash Escalates

"Iran condemned Ukrainian strikes on vessels linked to Iran as aggression and warned it will defend its national interests, while Kyiv claimed long-range strikes in the Caspian Sea targeted military cargo shipments involving Iran. The exchanges are accompanied by threats from pro-Iranian channels and comments by Zelensky about ongoing vessels attacks, highlighting a widening maritime confrontation between Iran and Ukraine with potential regional implications.

Photo: Iranian — Wikimedia Commons / Wikimedia Commons

Kuwait Signs $16B Pipeline Lease Deal

Kuwait's state-owned Kuwait Oil Company signs a US$16 billion lease-and-lease-back deal with a consortium led by Blackstone, Brookfield, and KKR to lease its 13 pipelines for 20.5 years, with KOC holding 51% and the investors 49%, generating about US$7.85 billion in upfront proceeds to support expansion to 4 million barrels per day by 2035 while preserving Kuwait's control over production and refining. The move, framed as Kuwait’s largest foreign direct investment to date, comes amid regional tensions and Iranian attacks on energy infrastructure.

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LPG Tanker DISHA Attacked; 28 Indian Crew Safe

The Mozambique-flagged LPG tanker DISHA, carrying 28 Indian crew, came under attack in Iranian territorial waters near the Strait of Hormuz, with India confirming all crew members are safe and that authorities are monitoring the situation. India’s External Affairs Minister Jaishankar condemned attacks on seafarers and stressed that international waterways must remain safe and unimpeded.

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SpaceX US Listing Valued at $1.77T

June brought broad outperformance for Storebrand funds with gains ranging from about 4% to 6%, led by the Global Multifactor and Japan funds, while several others posted similar improvements and outperformed their benchmarks. Managers attributed the essentially flat move in global equities to AI-related spending pressures and ongoing US–Iran talks, all against a backdrop of SpaceX's historic listing and continued focus on Middle East tensions.

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IRGC Urges Civilians Away From US Bases

The Islamic Revolutionary Guard Corps (IRGC) has repeatedly warned civilians in Middle Eastern countries hosting U.S. forces to stay at least 500 meters away from U.S. bases or discreet troop locations as tensions with the United States rise following renewed hostilities and a breakdown of a ceasefire. The IRGC також urged the public to report new U.S. positions through its Telegram channel or official website channels, framing the warnings as safety measures amid ongoing clashes and alleged U.S. war crimes.

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India Diet Coke price hike amid Iran war

The US-Israeli war on Iran disrupted aluminum-can supplies to India, triggering Diet Coke shortages and a wave of “Diet Coke parties,” before Coca-Cola raised prices by over 10% and switched to more costly, larger cans from Southeast Asia as supply chains remain stressed by Hormuz disruptions. Some bottlers are also testing alternative packaging like 200-ml glass bottles, underscoring persistent packaging shortages and price inflation in India's beverage market.

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UK Readies Defence After Iran Warning

The United Kingdom states its forces are ready 24/7 to defend the country as Iran’s IRGC warns against using UK bases for US bomber deployments, reaffirming Britain’s commitment to defensive operations with the US and NATO. Iran warns of consequences, accusing the UK of becoming a participant in the conflict by allowing bases like RAF Fairford and Diego Garcia to support US strikes, raising the risk of broader escalation and challenging international law.

Photo: Iranian — Wikimedia Commons / Wikimedia Commons

Two killed as US strike hits Shalamcheh

Reports confirm two people were killed in a US strike at the Shalamcheh border crossing between Iran and Iraq as the United States broadens its strikes amid ongoing US-Iran confrontations. The attack, reiterated by Iranian officials and linked to broader regional hostilities, follows multiple rounds of US actions and signals a potential escalation with implications for regional trade and security.

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US probes Russian backing in Iran CIA strikes

U.S. intelligence officials are probing whether Russia provided targeting data or advanced drone technology to Iran for attacks on CIA facilities in the Gulf, with investigators noting the strikes’ precision and Russia’s broader technical support as possible indicators, though no firm conclusions have been reached. The March assaults targeted sites including the CIA station inside the U.S. Embassy in Riyadh and a facility in eastern Iraq, amid ongoing questions about Moscow’s role in enhancing Iran’s capabilities.

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