In a week marked by geopolitical turbulence, oil futures experienced a rollercoaster ride, concluding slightly higher despite a tumultuous journey. The week began with a sharp spike in oil prices, soaring over 4% following reports of Israeli military actions against Iran. The initial surge was tempered as the market absorbed the implications. Prices eventually stabilized […]
Related Posts
Israel Debuts Advanced Barak Tank
Israel recently introduced the Barak, its latest main battle tank developed over five years, to the 52nd Armored Battalion. Various defense firms, including Elbit Systems and Rafael, collaborated on this project. Initial tests began in 2020, leading to its current deployment. Firstly, the tank features advanced sensors. These sensors enable real-time data sharing with other […]
Iran unveils long-range drone that can fly 24 hours
On Tuesday, Iran introduced a new drone, the “Mohajer-10” (meaning Migrant), with a 2,000-kilometer range, a 24-hour flight capability, and the ability to carry a variety of ammunition and bombs. The unveiling, reported by the Fars agency linked to the Revolutionary Guard, took place during a ceremony commemorating the Day of the Defense Industry, attended […]