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Iran War Drives Oil Profits to Highest Levels in Years

The world’s biggest oil companies are benefiting from the high commodity prices that have been a drag on the rest of the economy.

© Meridith Kohut for The New York Times

An Exxon Mobil refinery in Baytown, Texas. The war with Iran has been a boon for many oil producers.
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The new space wars: lessons from Ukraine and the Middle East

In March 2021, while serving as a senior fellow at the Brookings Institution, I hosted a discussion with General Chance Saltzman, now Chief of Space Operations for the United States […]

The post The new space wars: lessons from Ukraine and the Middle East appeared first on SpaceNews.

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Iran struck Amazon data centers again amid widening war, satellites show

Satellite images have revealed new damage to Amazon data centers in the Middle East along with at least one crucial Saudi oil facility, following missile and drone attacks by Iran and its Houthi allies.

The images from Europe’s Copernicus Sentinel-2 satellites provide evidence of a widening war as the United States and several Gulf states exchange military strikes with Iran, the Houthi faction in Yemen, and Iran-backed militias in Iraq. Such satellite images also offer independent verification of claimed war damage, despite the US government having pressured US commercial firms and even Europe to restrict satellite imagery of the region.

Three Amazon data centers in the United Arab Emirates and Bahrain were already previously damaged by Iranian drone strikes on March 1. Those earlier attacks stuck Amazon with months of expected repairs and forced Amazon Web Services customers in the Middle East to migrate workloads to other cloud regions.

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© Samuel Boivin/NurPhoto via Getty Images

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The Iran War Just Put Another Key Oil Route at Risk

Attacks in the Strait of Hormuz during the Iran war have led Saudi Arabia to rely on an alternative route for exporting oil. Our reporter Rebecca F. Elliott explains how that route is now threatened by the Houthis, a Yemeni militia supported by Iran.
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European Union grants US request to restrict satellite images of Iran War region

The European Union has begun delaying the release of satellite images showing shipping lanes near the Strait of Hormuz by 24 hours. The move comes in response to an earlier US government request and coincides with the Trump administration ramping up the war with Iran once again.

The unusual change in the free and open data policy for Europe’s Copernicus Earth observation program was revealed by Space News, which reviewed a copy of the decision made by the Council of the EU on July 13. The ordered delay applies to images taken by Sentinel-1 and Sentinel-2 satellites and covers the Gulf of Oman region that includes shipping lanes leading to and from the contested Strait of Hormuz.

The US government first requested that the European Union restrict Copernicus satellite imagery on May 26, according to the decision document seen by Space News. That request occurred during a shaky ceasefire period for the war that began on April 8 and ended on July 8, when the US military resumed a broader campaign of military strikes following an announcement by President Donald Trump.

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© European Union | Copernicus Sentinel-2

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European Union grants US request to restrict satellite images of Iran War region

The European Union has begun delaying the release of satellite images showing shipping lanes near the Strait of Hormuz by 24 hours. The move comes in response to an earlier US government request and coincides with the Trump administration ramping up the war with Iran once again.

The unusual change in the free and open data policy for Europe’s Copernicus Earth observation program was revealed by Space News, which reviewed a copy of the decision made by the Council of the EU on July 13. The ordered delay applies to images taken by Sentinel-1 and Sentinel-2 satellites and covers the Gulf of Oman region that includes shipping lanes leading to and from the contested Strait of Hormuz.

The US government first requested that the European Union restrict Copernicus satellite imagery on May 26, according to the decision document seen by Space News. That request occurred during a shaky ceasefire period for the war that began on April 8 and ended on July 8, when the US military resumed a broader campaign of military strikes following an announcement by President Donald Trump.

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© European Union | Copernicus Sentinel-2

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EU delays release of Copernicus imagery over Gulf of Oman 

The Gulf of Oman, imaged in September 2018 by the Copernicus Sentinel-3A satellite. Credit: ESA; CC BY-SA 3.0 IGO

JOHANNESBURG — The European Union has ordered a 24-hour delay in the release of some Sentinel-1 and Sentinel-2 imagery following a request from the United States based on concerns that […]

The post EU delays release of Copernicus imagery over Gulf of Oman  appeared first on SpaceNews.

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La Terre vient d’afficher un écart thermique incroyable de 136,8 °C : comment est-ce possible au même moment ?

Un écart de plus de 136 °C entre les endroits les plus chauds et les plus froids de la Terre a de quoi sidérer. Mais derrière ce chiffre record, il y a surtout une leçon très utile : comprendre pourquoi certains lieux basculent dans l’extrême et ce que cela change pour nous.

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Saudi Arabia and US strike deal for kingdom to enrich uranium

Donald Trump approves agreement to help country make fuel for civilian nuclear programme

Donald Trump signed a nuclear agreement with Saudi Arabia on Wednesday that could enable the kingdom to enrich its own uranium for nuclear reactions.

The US energy secretary, Chris Wright, and his Saudi counterpart, Prince Abdulaziz bin Salman, signed “a peaceful nuclear cooperation agreement” and “an accompanying bilateral safeguards agreement,” according to a statement from the US Department of Energy.

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© Photograph: Win McNamee/Getty Images

© Photograph: Win McNamee/Getty Images

© Photograph: Win McNamee/Getty Images

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US launches 10th round of strikes as Iran says it is in ‘full-scale war’

Diplomats say de-escalation talks continue as Trump vows retaliation over US soldier deaths

The US military said it has launched its 10th consecutive round of strikes on Iran to force the reopening of the strait of Hormuz.

Earlier on Monday, Iran’s president said the country is in a “full-scale war” after the US expanded its aerial campaign and Tehran struck Washington’s Gulf allies, even as diplomats said talks to de-escalate were continuing.

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© Photograph: US Central Command (CENTCOM)/AFP/Getty Images

© Photograph: US Central Command (CENTCOM)/AFP/Getty Images

© Photograph: US Central Command (CENTCOM)/AFP/Getty Images

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US military sent explosive drone boats into combat for the first time

For the first time in its history, the US military sent explosive-laden drone boats into combat by attacking an Iranian midget submarine and naval port. The unprecedented use of such kamikaze sea drones by the United States comes nearly a decade after Iranian and Houthi forces first demonstrated such weapons.

The US military shared a video showing three “one-way attack surface drones” exploding after approaching an Iranian midget submarine and ship maintenance facility at Iran’s Bandar Abbas Naval Base on the night of July 12. US Central Command, the US military combat command responsible for Middle East operations, described the strikes in a social media post as the “first time American forces have employed sea drones in combat operations.”

The US drone boats were able to “make a low-speed, uncontested approach” to their targets before exploding, according to USNI News, a news service from the nonprofit US Naval Institute. USNI News also identified one of the targets as an Iranian Ghadir-class midget submarine that was out of the water while being suspended from a gantry.

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© US Central Command

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US military sent explosive drone boats into combat for the first time

For the first time in its history, the US military sent explosive-laden drone boats into combat by attacking an Iranian midget submarine and naval port. The unprecedented use of such kamikaze sea drones by the United States comes nearly a decade after Iranian and Houthi forces first demonstrated such weapons.

The US military shared a video showing three “one-way attack surface drones” exploding after approaching an Iranian midget submarine and ship maintenance facility at Iran’s Bandar Abbas Naval Base on the night of July 12. US Central Command, the US military combat command responsible for Middle East operations, described the strikes in a social media post as the “first time American forces have employed sea drones in combat operations.”

The US drone boats were able to “make a low-speed, uncontested approach” to their targets before exploding, according to USNI News, a news service from the nonprofit US Naval Institute. USNI News also identified one of the targets as an Iranian Ghadir-class midget submarine that was out of the water while being suspended from a gantry.

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© US Central Command

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Will Oil Prices Rise as the US-Iran Truce Frays? The Answer Lies With China.

For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices.

© Agence France-Presse — Getty Images

A tanker at a crude oil terminal in Qingdao, China. Typically the world’s largest oil importer, China slashed purchases this spring.
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US seeks cheaper hunter-killer drones after Iran destroys $1B worth of Reapers

The US military has lost dozens of Reaper drones collectively worth more than $1 billion while carrying out surveillance and attack missions over Iran. Now the Pentagon is seeking large numbers of cheaper drones that can perform such missions despite the expectation that many will be lost in combat.

In a call for industry pitches, the Defense Innovation Unit’s notice described the US military’s current reliance on drones and crewed aircraft, each costing more than $30 million, as being “unsustainable against adversaries utilizing layered defenses enabled by increasingly low-cost antiaircraft capabilities.” It envisions deploying more “cost-effective” drones to “overwhelm enemy air defenses even while experiencing numerous [drone] losses.”

That is, in practice, what Ukraine’s military has been demonstrating with its long- and mid-range strike campaign against Russian supply lines, oil refineries, and various energy or industrial targets within Russia or occupied Ukraine. The Ukrainian campaign has been overwhelming Russia’s overstretched air defense capabilities by launching hundreds of relatively inexpensive drones and missiles on a daily basis to attack targets far behind the frontlines, while continuing to damage or destroy Russia’s most sophisticated air defense systems.

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How a Jet Fuel Refinery Is Scrambling After the Iran War Oil Shock

For a mega-refinery in Ulsan, South Korea, a top exporter of jet fuel to the West Coast of the United States and other places, weaning off Middle Eastern oil is no small feat.

© Chang W. Lee/The New York Times

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U.S. Oil Is Skipping the Chance to Grab Market Share From the Gulf

U.S. oil production is expected to grow only modestly next year as companies hesitate to spend more in an uncertain market.

© Arathy Somasekhar/Reuters

Smaller U.S. oil producers are starting to drill more wells, but big companies like Exxon Mobil and Chevron have said they are not changing their plans as a result of the war with Iran.
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