Bloomberg LP is a U.S.-based multinational media and financial data corporation. Known for authoritative reporting on global markets, geopolitics, and energy. Recently, Bloomberg has been a primary source for breaking developments on the Strait of Hormuz crisis, U.S.-Iran tensions, and regional energy disruptions. Last updated 1 day ago
"Russian conscripts arriving at the front in Ukraine survive on average only 20 to 30 minutes before being killed or wounded. This is due to Ukraine's extensive use of drones operated by artificial intelligence."
Oman has told European allies that ships transiting the Strait of Hormuz may be required to pay fees for services including navigation assistance and pollution control. - Bloomberg
The DOJ is investigating JPMorgan and Citigroup over money flows tied to Iranian Supreme Leader Mojtaba Khamenei. The probe is focused on how Khamenei built a large investment portfolio with exposure to Wall Street banks, Bloomberg reports.
After being exposed, Iran continued using the same IRGC-linked Boeing 747 (EP-FAB, Qeshm Fars Air), flying at least 7 confirmed weapons missions to Port Sudan.
Bloomberg reports that Sudan’s military, which has ties to the Muslim Brotherho...
After being exposed, Iran continued using the same IRGC-linked Boeing 747 (EP-FAB, Qeshm Fars Air), flying at least 7 confirmed weapons missions to Port Sudan.
Bloomberg reports that Sudan’s military, which has ties to the Muslim Brotherhood and the IRGC, claims it is now scaling back Iranian arms purchases to improve relations with the Trump administration.
Iranian drones helped the Sudanese Armed Forces regain territory, but Khartoum now sees its ties to Tehran and Iran linked Islamist factions as a growing liability. - Bloomberg
White House Communications Director Steven Cheung, Assistant to the President, says the text of the US Iran MOU obtained by CNN does not reflect the language of the actual MOU.
CNN, Bloomberg, and al Arabiya all leaked essentially the same document except some small changes like “both sides” vs “both parties” or “funding” vs “financing”
Five U.S. personnel injured at Ali Al Salem Air Base in Kuwait. Iranian ballistic missiles were intercepted but falling debris destroyed one MQ-9 Reaper and damaged another. All injuries minor. The personnel are a mix of service members and contractors.
Japan has built the world's largest underground flood tunnel, a $2 billion infrastructure project with chambers large enough to hold a space shuttle inside them. Since becoming operational, the system has cut local flood damage by nearly 90%.
ADNOC CEO Al Jaber: At least 4 months to get oil flows back to 80% of pre-conflict levels, even if the war ends tomorrow. Full restoration not expected before early 2027.
NATO weighing a mission to escort ships through the Strait of Hormuz if the blockade holds past early July. Support is building among members, though some resist deeper involvement. - Bloomberg
The UAE struck Iranian targets multiple times before and after the ceasefire, Bloomberg reports. One April 8 strike knocked an oil refinery on Lavan Island offline for months. Abu Dhabi also coordinated with Israel on an April 6 hit on the South Pars Petrochemical complex in Asaluyeh, which produces roughly 50% of Iran's petrochemicals, in response to Tehran's attack on the Borouge plant.
Bloomberg: China's largest banks have been told to temporarily freeze new loans to five refiners sanctioned by the U.S. over their ties to Iranian oil.
U.S. Central Command has requested approval to deploy the "Dark Eagle" long-range hypersonic missile to the Middle East to target Iranian ballistic missile launchers beyond the reach of current U.S. systems. The missile has a range of roughly 1,725 miles. If approved, it would be the system's first operational deployment. It has not yet been declared fully ready. - Bloomberg
Iran has 12–22 days of oil storage left. U.S. naval blockade has cut exports by 70%. Strait of Hormuz shipments nearly stopped. Production could drop another 1.5M barrels per day by mid-May.
