US President Donald Trump has dismissed Ukraine's request for additional Patriot anti-air missiles, citing depleted US stockpiles and claiming his predecessor gave away too much military aid.
US President Donald Trump demanded answers from Secretary of War Pete Hegseth over depleted US weapon stockpiles at a Camp David meeting, amid heavy missile use in the war against Iran and arms deliveries to Ukraine.
Marking the 81st anniversary of the Hiroshima and Nagasaki atomic bombings, an analysis of global nuclear arsenals shows over 12,000 warheads distributed across nine countries, led by the US and Russia.
The Pentagon accelerates missile production and signs multi-billion-dollar contracts to restock Patriot, THAAD, and Tomahawk inventories following intense Middle East operations, despite White House denials of shortages.
Marking the 81st anniversary of the Hiroshima and Nagasaki atomic bombings, an overview examines current global nuclear arsenals held by the US, Russia, China, and other nuclear-armed states.
The US military has exhausted nearly all of its ATACMS and Precision Strike Missiles during its five-month conflict with Iran, sparking internal concerns over readiness for potential conflicts with adversaries like China and Russia.
The US military has reportedly exhausted its inventory of high-precision land-based tactical missiles, including ATACMS and PrSM, due to its campaign against Iran, according to sources cited by Reuters. US leadership has dismissed the claims.
The US has signed a deal exceeding $3 billion with Lockheed Martin and Northrop Grumman to significantly increase production of Patriot and THAAD interceptor missile parts. This move aims to replenish stockpiles strained by ongoing conflicts in Ukraine and the Middle East.
A political dispute between Taiwan's ruling Democratic Progressive Party (DPP) and the opposition Kuomintang (KMT) over funding and oversight threatens the island's plan to acquire 200,000 military drones and unmanned vessels, hindering defense efforts.
A Saudi-owned vessel was attacked in the Red Sea, causing a fire, confirmed by Saudi state media. Yemen's Iran-backed Houthi group claimed responsibility, stating it launched missile and drone attacks on two Saudi oil tankers as part of a 'maritime blockade' linked to the US-Iran conflict, raising concerns about escalating regional tensions and global oil supply disruption.
US Defense Secretary Pete Hegseth informed Congress that the US-led war on Iran has cost $37.5bn so far and requested an additional $67bn to continue operations. Lawmakers grilled Hegseth over the escalating costs and lack of clear results, as the conflict has led to US casualties, depleted weapon stockpiles, and soaring domestic petrol prices and inflation.
Beijing has eased refined fuel export restrictions due to high global oil prices and ample reserves, but introduced compliance requirements for refiners to maintain inventory levels, a cautious move influenced by the collapse of the interim US-Iran truce.
Ukraine launched over 400 drones at Moscow, hitting industrial sites and an oil depot, while Russia continued ballistic missile attacks on Ukrainian cities, causing multiple casualties. Cross-border strikes also led to deaths in Belgorod and on a cargo vessel near Odesa, as Ukraine's military commander Syrskyi faces potential dismissal.
The Government Accountability Office (GAO) has warned that the US Strategic Petroleum Reserve (SPR) is increasingly at risk of failing to respond to future energy crises due to its aging infrastructure and record-low crude oil inventories, with withdrawal and refill capabilities significantly diminished.
AVAX One Technology announced it has regained compliance with Nasdaq's minimum bid price requirement after a 1-for-12 reverse stock split. The crypto treasury firm's shares closed above $1.00 for 10 consecutive days, resolving a listing issue.
The OPCW reinstated Syria's voting rights after a "significant change in circumstances" since Bashar al-Assad's overthrow, noting "concrete steps" by the new authorities to dismantle banned chemical stockpiles.
The OPCW reinstated Syria's voting rights after Damascus engaged constructively and agreed to destroy hidden toxic munitions. This follows the US removing Syria from terror sponsor lists and marks a new era under President Ahmad al-Sharaa.
Bulgarian Prime Minister Rumen Radev announced Bulgaria can no longer provide weapons and military equipment to Ukraine, stating stockpiles are exhausted. While financial support continues, further arms deliveries are halted, aligning with previous government decisions and contrasting with Ukraine's appeals for more aid.
Bulgarian Prime Minister Rumen Radev stated that Bulgaria has exhausted its military stockpiles of weapons and ammunition available for transfer to Ukraine, having already delivered 13 aid packages. The country can now only assist by repairing military equipment.
President Trump lauded the U.S. military's strength on Truth Social, citing historic recruiting records and high morale. He urged Congress to pass "Reconciliation 3.0" with $350 billion for defense and "The SAVE AMERICA ACT" upon returning.
India is exploring a plan to finance emergency liquefied natural gas (LNG) stockpiles by increasing regasification tolls at import terminals. This move aims to bolster energy security following supply disruptions caused by the Iran war, reviving previous plans shelved due to high costs. The government is considering mandating terminal operators to expand storage capacity, with investment recovery through higher tolls passed on to customers.
Europe is concerned the US defense industrial base cannot fulfill weapons pledges to NATO allies due to depleted stockpiles from conflicts in Ukraine and Iran. This leaves allies considering new defense avenues as US arms shipments are delayed or canceled.
India's state-owned oil refiners Indian Oil Corp and Hindustan Petroleum Corp purchased approximately 7 million barrels of crude oil last week. This comes as the country's crude inventories have recovered significantly after disruptions.
Iran faces challenges selling its accumulating oil reserves as a US deadline approaches. Weak demand from China and sanctions concerns hinder sales, potentially impacting Tehran's revenue and leverage. Asian buyers await clearer payment terms and sanctions relief.
