newszine

Saudi air defenses like Patriot & Aegis don’t match their advertised properties, unfit for real combat – Russian Army

2 hours ago DieselGasoil Comments Off on Saudi air defenses like Patriot & Aegis don’t match their advertised properties, unfit for real combat – Russian Army
Multiple Patriot launchers, Aegis destroyers and radars are guarding Saudi skies, but they failed to stop a massive strike on an oilfield because their actual properties aren’t what the US advertises, a Russian Army source says. Benefiting from the US arms deliveries, Saudi Arabia managed to build up “the most powerful air defense system in Read More

Iraq will not join anti-Iran maritime mission, rejects Israel’s involvement

3 hours ago DieselGasoil Comments Off on Iraq will not join anti-Iran maritime mission, rejects Israel’s involvement
As Saudi Arabia and the United States build support for an international maritime security mission in the Persian Gulf, Iraq has ruled out participating. In a statement via the state-run Iraqi News Agency on Thursday, the country’s Ministry of Foreign Affairs said that Iraq will not join any force patrolling the Gulf’s waterways, particularly any Read More

Shares inch higher after Fed cut; BOJ, SNB, BoE keep powder dry

4 hours ago DieselGasoil Comments Off on Shares inch higher after Fed cut; BOJ, SNB, BoE keep powder dry
LONDON (Reuters) – World share markets and bond yields nudged modestly higher on Thursday as the U.S. Federal Reserve’s second interest rate cut of the year and promises of support from other top central banks kept global recession jitters at bay. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of Read More

Tehran will commit to ‘all-out war’ if Iran is targeted by military strike, FM Zarif warns

5 hours ago DieselGasoil Comments Off on Tehran will commit to ‘all-out war’ if Iran is targeted by military strike, FM Zarif warns
Any military attack on Iran will result in a serious military conflict, Iranian Foreign Minister Mohammad Javad Zarif has warned, as the US and Saudi Arabia hint at retaliatory measures for a drone strike they blame on Tehran. “I am making a very serious statement that we don’t want war; we don’t want to engage Read More

News sales pitch? US makes the world’s ‘finest’ anti-air systems, but sometimes they just don’t work, Pompeo explains

5 hours ago DieselGasoil Comments Off on News sales pitch? US makes the world’s ‘finest’ anti-air systems, but sometimes they just don’t work, Pompeo explains
Patriot missiles failed to protect Saudi Arabia from attack because even the world’s best anti-air systems sometimes don’t work, Secretary of State Mike Pompeo has said, expertly rebuking critics of the US defense industry. Washington was left red in the face after missiles and armed drones successfully penetrated Saudi airspace – which is guarded by Read More

UAE enlists in US-led naval patrols in Gulf after Saudi Arabia joins

8 hours ago DieselGasoil Comments Off on UAE enlists in US-led naval patrols in Gulf after Saudi Arabia joins
The Emirati Navy will deploy warships to protect shipping routes in the strategic Strait of Hormuz, just a day after Saudi Arabia joined the US-initiated patrols amid rising tensions surrounding Iran. The UAE is enlisting in the naval coalition called the International Maritime Security Construct, which has the stated goal of supporting “regional and international Read More

All options on the table against Iran, Saudi envoy to Germany warns

8 hours ago DieselGasoil Comments Off on All options on the table against Iran, Saudi envoy to Germany warns
Riyadh won’t rule out military action after blaming Iran for an attack on one of its oil facilities, Saudi Arabia’s envoy to Germany has hinted. The diplomat doubled down on the accusations against Iran, but offered no evidence. Prince Faisal bin Farhan al-Saud told Germany’s Deutschlandfunk radio that his country is considering a range of Read More

Asian shares turn lower on guarded Fed, yen rises after BOJ

13 hours ago DieselGasoil Comments Off on Asian shares turn lower on guarded Fed, yen rises after BOJ
TOKYO (Reuters) – Asian shares turned lower on Thursday after the U.S. Federal Reserve cut interest rates as expected but signaled a higher bar to further policy easings. FILE PHOTO: A man sits in front of a screen displaying stock information at a brokerage house in Jinhua, Zhejiang province, China August 2, 2019. REUTERS/Stringer Treasury Read More

‘You can start it, but how do you end it?’ Actual war in Gulf would be DEVASTATING and neither Iran nor Saudis really want one

16 hours ago DieselGasoil Comments Off on ‘You can start it, but how do you end it?’ Actual war in Gulf would be DEVASTATING and neither Iran nor Saudis really want one
For all the sound and fury coming from Saudi Arabia, a shooting war in the Gulf is not something Tehran or Riyadh want. Both US and its allies know that Iran is a much tougher nut to crack than Yemen, but can’t admit so publicly. Saudi Arabia and the US have called Saturday’s attack on Read More

Asian shares edge higher after Fed, investors await BOJ

16 hours ago DieselGasoil Comments Off on Asian shares edge higher after Fed, investors await BOJ
TOKYO (Reuters) – Asian shares edged higher on Thursday, tracking some modest Wall Street gains after the U.S. Federal Reserve cut interest rates as expected but offered mixed signals on the next easing, keeping investors cautious. FILE PHOTO: A man sits in front of a screen displaying stock information at a brokerage house in Jinhua, Read More