The new event references the historical war between Iran and Iraq, the economic impact of US actions, and identifies Tehran as the capital of Iran.

The entities involved

• Iraq →

  sovereign state in Western Asia

  • Basra hosts the Grand Faw Port project, serving as a key transit hub for trade routes connecting China and Europe.Mon 17:06
  • Oil flows through the Strait of Hormuz as geopolitical risks in the Middle East affect oil prices, with Iraq ready to resume production.Mon 16:22
• Tehran →

  capital city of Iran

  • Iran closed the Strait of Hormuz, halting petroleum liquids movement and raising inflation concerns, which Donald Trump views as a potential solution.Mon 16:16
  • Hezbollah launched rockets into northern Israel, amid ongoing IDF operations and opposition to US-Iran peace talks.Mon 16:09

Related events

• Preliminary peace agreement reached between Iran and Israel following months of war.Jun 27
• Donald Trump criticized Iran's military spending and the ongoing humanitarian crisis in the country.Aug 25
• Negotiations are underway involving Tehran, Pakistan, Qatar, and the US to facilitate dialogue and end the war.Jul 1
• Escalation unfolds on July 24, 2026, as Houthi militants attack oil tankers in the Red Sea, while the US conducts strikes against Iran.Jul 24
• US and Israel attacked Iran, leading to war, while the US Treasury imposed sanctions on Iranian agencies.Jun 7