TotalEnergies profits surge to $11.2 billion as France rejects windfall tax
TotalEnergies' record $11.2 billion H1 profits spark controversy as France declines windfall tax.
Event / Politics
Escalating military conflict between Saudi Arabia and Houthi forces, including coordinated attacks on airports and energy infrastructure, with regional ceasefire violations and international responses.
2026-07-29 to 2026-10-26 · UTC publication dates
Coverage begins 11 Apr, 00:07 UTC
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The United States deployed additional Patriot missile batteries in Saudi Arabia and Qatar for the protection of key energy infrastructure against potential Iranian retaliation. The deployment was reported by Axios and reflects US military preparations in response to ongoing tensions with Iran.
Pro-Iranian Houthis claimed on Saturday to have struck a Saudi Aramco facility south of Riyadh, stating the attack caused a fire. An AFP journalist observed flames and smoke rising from the site. The Houthis have repeatedly claimed responsibility for attacks on the oil giant, which they target in their conflict with Saudi Arabia-backed government forces.
The USS Theodore Roosevelt and its carrier strike group are being directed toward the Middle East, where two other US carrier strike groups are already deployed. This deployment was reported by Axios and reflects US military positioning amid ongoing tensions with Iran.
Abbas Araghchi, Iran's foreign minister, declared before foreign ambassadors in Tehran that there is no military solution to the conflict with the United States and no solution based on new sanctions. He stated that only negotiations based on justice and equity would yield a resolution. He also warned that if enemies choose military confrontation again, Iran's response would be stronger than before.
Washington strengthened its economic war against Iran by imposing new sanctions targeting Iran's aviation sector. Following implementation of these measures, flight departures and arrivals at Tehran's international airport declined by 42 percent, though some frequent routes to Turkey and China continued to operate.
A new tanker was struck by an unidentified projectile in the Strait of Hormuz on Sunday morning, causing damage to the ship's engine room. The crew remained safe according to the British maritime security agency UKMTO, which did not provide additional details about the incident. This incident occurred despite a general lull in hostilities, with the US having not struck Iran since September 1.
Iran proposed a plan in late September to reopen the strategically important Strait of Hormuz within seven days in exchange for the lifting of American sanctions that are constraining Iran's economy. The plan was rejected by Donald Trump, though he left the door open for continued indirect negotiations without excluding the possibility of resumed hostilities.
General Turki al-Malki, spokesman for the Saudi Arabia-led coalition, rejected Houthi claims of attacking the Aramco facility as deceptive, according to Saudi newspaper Asharq Al-Awsat. This statement came in response to Houthi claims of responsibility for strikes on Saudi energy infrastructure.
Senior members of the US presidential cabinet discussed on Friday the next steps regarding the war against Iran and the conflict in Yemen, which has become the new regional front. Yemen's conflict involves pro-Iranian Houthis fighting against government forces supported by Saudi Arabia.
According to preliminary data from commodities tracking platform Kpler, petroleum flows from Gulf countries and Iraq transiting the Strait of Hormuz returned to pre-war levels by late September. This occurred despite Iran's claims of control over the waterway and US-imposed blockade of Iranian ports, with increasing numbers of ships exiting the Gulf under American escort.
A ceasefire agreement was concluded between Iran and the United States in April, followed by the signing of an accord protocol in June. Despite these agreements and indirect exchanges between the two countries during the UN General Assembly in September, negotiations have stalled with both parties regularly making threats of new strikes.
Israeli settlers intensified efforts to seize natural springs and heritage sites in the occupied West Bank. In the Jordan Valley, settlers cut a water pipe to a Palestinian village and redirected it to a pool they named after Herod, the Roman-appointed king of Judea. These water sources are vital for drinking water, tourism, and agriculture and are increasingly inaccessible to the 2.8 million Palestinians living in the West Bank, who have faced water shortages since 1967.
Iraq announced it is in direct contact with the United States to secure exemptions from sanctions on Iranian airlines as Washington continues economic pressure on Tehran. The Iraqi prime minister's office stated the goal is to obtain exemptions for certain airports to allow flights for humanitarian reasons including medical treatment, education, and religious pilgrimages.
U.S. President Donald Trump rejected Iran's proposal to reopen the Strait of Hormuz within seven days in exchange for lifting the U.S. naval blockade of Iranian ports, waiving sanctions on Iranian oil sales, and observing a ceasefire that would include Lebanon. Trump stated the deal would not be acceptable and claimed Iran had outsmarted themselves by closing the strategic waterway. He asserted that the U.S. is winning and that massive amounts of oil are coming out of the Hormuz Strait following what he described as the greatest blockade in military history.
Iran proposed a diplomatic agreement at the United Nations General Assembly calling for reopening the Strait of Hormuz and resuming nuclear talks within seven days if the United States lifts its naval blockade of Iranian ports, waives sanctions on Iranian oil sales, and observes a ceasefire involving Lebanon. Iranian Foreign Minister Abbas Araghchi detailed the proposal, stating initial steps would take four to five days to complete, the strait would open on the sixth day, and nuclear talks would begin on the seventh day. The proposal included provisions for UN nuclear inspectors to return and inspect Iran's damaged nuclear sites.
The seven-month-old conflict in the Middle East that began on February 28 with U.S. and Israeli attacks has killed thousands and degraded Iran's conventional forces while damaging its already ailing economy. The conflict has alternated between pauses and renewed strikes. Iran and its allies have retaliated by extending the conflict throughout the region, with Iran striking U.S. allies with drones and missiles while Houthi allies in Yemen have targeted Saudi interests.
Iranian President Masoud Pezeshkian departed New York for Tehran after the United Nations General Assembly. Before leaving, Pezeshkian said Iran has not walked away from the negotiating table but stated that given past experiences, it no longer trusts the United States. He indicated Tehran remains open to diplomacy despite pushing back against Trump's threat to annihilate the Islamic Republic.
Iranian President Masoud Pezeshkian told CBS that Supreme Leader Mojtaba Khamenei has no specific ongoing health issues despite not being seen or heard in public since the war with the U.S. and Israel began in February 2026. Pezeshkian described his most recent meeting with Khamenei as lasting over seven hours and stated from a medical standpoint the supreme leader is completely healthy with his face and legs recovered.
Saudi Arabia's military spokesperson reported that a ballistic missile launched by Iran-backed Houthi rebels from neighboring Yemen was intercepted and destroyed early Saturday morning. The missile was fired toward the southwestern city of Khamis Mushait. The Gulf Cooperation Council condemned the attack as a grave escalation and threat to regional security.
The United Nations children's agency reported a rise in acute malnutrition among children in Yemen, citing the violence in the region as a contributing factor to a new humanitarian crisis. The conflict in the Middle East has disrupted oil flows through one of the world's most critical shipping lanes and is increasing the cost of living around the globe.
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