Drone attack

Tensions remain high in the region, with the U.S. on Friday announcing sanctions against Iran’s central bank in retaliation for the attack that crippled Saudi Arabian oil production. read more

The Pentagon chief said on Friday an Iranian attack on an American spy drone in June after Tehran seized a British oil tanker, combined with the attack on two Saudi oil installations last Saturday “represents a dramatic escalation of Iranian aggress... read more

Traders remain on red alert for further developments, including the US and Saudi response, with both putting the blame at Iran’s door. read more

The meeting comes as India’s state-run oil marketing companies (OMCs) strive to secure a long-term deal for procuring crude from Russia. It gains significance as it follows Saturday’s drone attacks in Saudi Arabia, which is the second-largest crude supplier... read more

The currency fell 0.8% to 71.48 per dollar and the benchmark 2029 bond yields rose six basis points to 6.70%. The S&P BSE Sensex gauge of equities declined 0.7%. read more

The fires began after the Aramco sites were “targeted by drones,” the Interior Ministry said in a statement carried by the state-run Saudi Press Agency. read more

The attack struck a position held by Brigade 45, a Hashed al-Shaabi unit based near Al-Qaim about 15 kilometres (10 miles) from Iraq’s western desertic border with neighbouring Syria. read more

The Shiite movement and Israel, which have fought several wars, have upped their belligerent rhetoric in recent months. read more

The US has admitted that its drones attack targets whose identities are unknown. That’s where AI comes in. The US doesn’t have deep human intelligence sources in Yemen, so it relies heavily on massive sweeps of signals data. AI processes this data –... read more