US lobs a grenade into a box of fireworks
Washington and Tehran may consider their next moves after drone kills top Iranian general, but restraint is the likeliest casualty
The long-rumbling US-Iran crisis has moved to a new and extremely febrile phase, after the US took out General Qassem Soleimani, Iran’s top commander in Iraq, in a targeted attack at Baghdad airport. For months, tension has been high in the Mid-East Gulf—with attacks on shipping, on Saudi oil facilities and on other infrastructure. Iraq, where both the US and Iran have strong interests and strong allies, has been a particular focus in recent weeks. Against the background of a serious domestic political crisis, Iran-back militias attacked US facilities in the country, which appears to have sparked the fierce American response. While the US and Iran had previously been careful to prevent mat
Also in this section
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away






