Perim Island sits in the Bab al-Mandab Strait, a pinch-point that’s taken on an outsized importance since the war with Iran effectively shuttered the Strait of Hormuz.

Intelligence findings say Tehran is assembling stockpiled components into weapons in underground facilities.

Mark Zandi says the Iran war has added about $115 billion in costs for U.S. households through higher gasoline, diesel and jet fuel prices.

Iran and the US are digging in for a protracted war, with little sign of a near-term ceasefire or return to normal Middle East energy flows even if hostilities remain at a low intensity.

Tehran’s forces are taking aim at the U.S. Navy in a way they haven’t done since the start of the war.

Iran-backed Houthi forces seized Yemen's Mocha port and advanced toward Bab el-Mandeb, threatening Red Sea shipping as Brent crude surged past $106.

By Andrea Shalal WASHINGTON, Sept 10 (Reuters) - The U.S. government announced new sanctions on Thursday against firms and individuals that it says are aiding Hezbollah and other Iranian proxies in the Middle East as it intensified its campaign to isolate Iran economically.