US Congressional Research Service US sanctions on Iran already ban most U.S trade , block Iran government's assets in the U.S. and prohibit U.S. foreign assistance and arms sales as per the Congressional Research Service . A large number of people and companies Iranian as well as foreign have been the subject of sanctions .
Insurance Costs Surge on Red Sea Routes Isn't it intriguing that only the major container lines and not tankers, LNG and bulk carriers have diverted from the Red Sea routes. A Suezmax tanker with a load of 750,000 barrels priced at $80/bbls is a cargo worth around $60 million. At a war risk insurance of
Turkish Drone Technology The Turkish Navy commissioned an amphibious carrier called TCG Anadolu which is basically a vessel for sea based operations for Turkey’s armed drones which have advanced technology. Initially designed for F-35B which was primarily a short takeoff / vertical aircraft . The ships length is 231 meters with a range of 9,000
Drones in the Black Sea Credit CNN The downing of a US surveillance drone (Reaper MQ-9 class) which flew from its base in Romania to carry out its routine mission of capturing images of Russian assets and troops deployment and its falling into the Black Sea may heighten tensions in the Ukraine war zone. What
KSA to localise Defense Manufacturing by 50 % The Saudi Vision 2030 is primarily concerned with diversifying the oil and gas exploration ,refining and petrochemical economy and acquiring self sufficiency in the defense and security fields to reduce external reliance, provide business and vending opportunities for Saudi businesses , generate employment for its citizens to
