World oil prices rebounded strongly Thursday after Iran shot down a US spy drone near the Strait of Hormuz, a major choke point for world crude shipments. Oil also won solid support, in tandem with global stock markets, from the US Federal Reserve signaling it could soon cut interest rates, ...
The Aerospace Force of the Islamic Revolution Guards Corps (IRGC) used the Iran-made short-range and mid-altitude ‘Third of Khordad’ missile defense shield to bring down the US spy drone over the country’s Southern coasts on Thursday. A US-made Global Hawk spy drone was shot down by the IRGC on the ...
