Category: News Home
Gold on a stead move
Gold edged higher as traders weighed a report on a diplomatic push for a ceasefire in the Iran war. Gold has fallen more than 10% since the conflict started, as spiking energy prices stoke inflation fears and dim the prospects for interest rate cuts that typically benefit the non-yielding precious metal. Bullion’s haven appeal has
Israel hits Iran Petrochemicals
Israel struck Iran’s largest petrochemical complex on Monday (Apr 6), as the Islamic Republic defied threats from US President Donald Trump to devastate civilian infrastructure if it does not reopen the Strait of Hormuz. Several explosions were heard at the South Pars Petrochemical complex in Assaluyeh.Companies that provide electricity, water and oxygen to Assaluyeh were
The Artemis II mission launch
The Artemis II mission is expected to complete a record-breaking lunar flyby today. NASA says the estimated maximum distance from Earth during today’s flyby by the Orion spacecraft will exceed 406,000 kilometres, beating the 400,171 kilometres set by Apollo 13. When Orion passes behind the moon, the spacecraft will enter a communications blackout of about
NASA’s new nuclear battery could run for 433 years
Spacecraft operating far from the Sun cannot rely on solar panels. For decades, NASA has used radioisotope power systems (RPS) powered by plutonium-238, which has a half-life of about 88 years. Now, researchers are testing americium-241 an isotope with a half-life of nearly 433 years as a potential fuel for the next generation of nuclear
Iran won’t ease Hormuz chokehold anytime soon
Recent US intelligence reports warn that Iran is unlikely to open the Strait of Hormuz any time soon because its grip on the world’s most vital oil artery provides the only real leverage it has over the United States. The reports also provide the latest indication that the war, intended to eradicate Iran’s military strength,
Meta’s superintelligence division is building a dedicated hardware team
Meta is already known for the smart glasses and virtual reality headsets made by its Reality Labs division. This newer effort is part of Meta Superintelligence Labs (MSL), the high-profile AI division announced last year, which hints that Meta is mulling other types of AI devices. The effort, which has not yet been reported, has
US searches for airman in Iran
The US continued search-and-rescue operations for a crew member from an F-15E fighter jet shot down by Iran on Friday, as Tehran kept up attacks on Gulf Arab states and Israel.Second US combat plane reportedly crashed in the Persian Gulf the same day. The incidents mark a significant blow for Washington as the war enters
The Kharg Island of Iran
Kharg Island’s value is almost absurdly concentrated. Approximately 90% of Iran’s crude oil exports pass through its terminal, which has a loading capacity of around 7 million barrels per day and can service 10 supertankers simultaneously. Pipelines connect it to offshore fields, including Faridun, Darius, Cyrus, and Ardashir, as well as to mainland fields in
Bitcoin lingers near lower bound of trading range amid conflict
Bitcoin traded near the lower bound of its more-than-a-month-long trading range amid continued uncertainty about the fallout from the conflict in the Middle East. Cryptocurrencies were lower across the board. Bitcoin the largest by market value dropped as much as 3.6% to $65,709 before paring the decline during New York trading. Ether fell as much
Iran still has 50% of its missile launchers and thousands of drones
Iran still has half its missile launchers intact and an arsenal of thousands of drones.The regime remains capable of ‘wreaking absolute havoc’ in the Middle East, they warned, despite weeks of US-Israeli bombardment against its assets. A large proportion of its coastal defence cruise missiles, the weapons that allow Iran to threaten traffic in the