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Callum PATON

Iran economy looks set to withstand US naval blockade

Iran economy looks set to withstand US naval blockade

A US naval blockade of Iranian ports is likely to squeeze Iran's oil output in the coming weeks but claims it will throw the Islamic republic into economic free fall remain premature, analysts say. After weeks of bombing and counter-strikes, focus has shifted to the standoff in
Callum PATON, AFP teams in Tehran, London AFP 22 Apr 2026
Qatar downs Iran jets as Tehran targets oil and gas in spiralling Gulf crisis

Qatar downs Iran jets as Tehran targets oil and gas in spiralling Gulf crisis

Qatar downed two Iranian bombers and halted LNG production on Monday, as Tehran widened its attacks to hit oil facilities in Saudi Arabia and the UAE in a sharply escalating Gulf crisis that has sent prices soaring. Qatar's air force shot down two Sukhoi Su-24 bombers, the
Callum PATON, Haitham EL-TABEI in Riyadh AFP 02 Mar 2026

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