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The Business Standard

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October 31, 2026

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SATURDAY, OCTOBER 31, 2026

US-Iran Conflict

US-Iran Conflict

USS Michael Murphy (DDG 112) launches Tomahawk cruise missiles from an unknown location, as the United States launched new strikes against multiple targets overnight in Iran, the U.S. military said on Wednesday, in this still image obtained from a handout video released on June 10, 2026. U.S. Central Command. Photo: Reuters

US costs of Iran war rise to over $47 billion, according to Pentagon estimate

Trump launched the Iran war jointly with Israel in February, predicting that the conflict would last a short time.

US President Donald Trump points during a campaign rally for Republican US Senate candidate Ken Paxton at Freeman Coliseum in San Antonio, Texas, US, 7 October, 2026

Trump says US will not attack Iran before midterm elections in November

 Members of the Iraqi security forces stand next to a convoy moving through the city as they celebrate the withdrawal of US-led coalition forces from Iraq, ending a military presence that began after the 2003 US-led invasion, in Najaf, Iraq, 30 September, 2026.

US forces exit Iraq, emboldening Iran's proxies and Islamic State

Iranian missiles are displayed next to a banner with a picture of Iran's Supreme Leader, Mojtaba Khamenei, on a street in Tehran, Iran, September 27, 2026. Photo: Majid Asgaripour/WANA (West Asia News Agency) via REUTERS

US sanctions 10 over allegedly procuring weapons for Iran

A woman walks past a billboard about the Strait of Hormuz, on a building in Tehran, Iran, September 16, 2026.

New US sanctions shut down Iranian flights

Flags are held by Iranian Americans and supporters of the National Council of Resistance of Iran during a march near the U.S. Capitol in Washington, D.C., U.S., May 16, 2026.

US Democrats tee up pre-election war powers vote as some Republicans break with Trump on Iran

Cuban delegates walk out of the UN General Assembly during US President Donald Trump’s address on 22 September 2026. Photo: Screengrab

Iran, Cuba delegation walks out during Trump's UN speech

US President Donald Trump addresses the 80th United Nations General Assembly at UN headquarters in New York City, US, 23 September , 2025. Photo: Reuters

Trump urges compete isolation of Iran, expects deal after election

People drive near a billboard depicting U.S. President Donald Trump on a building in Tehran, Iran, September 16, 2026. Photo: Majid Asgaripour/WANA (West Asia News Agency) via REUTERS

'World will be astonished': IRGC warns of new weapons capabilities

US President Donald Trump salutes as members of the military carry the transfer case of US Army Sgt. Angel S. Rampersad of the 1st Battalion, 57th Air Defense Artillery Regiment, 52nd Air Defense Artillery Brigade, 10th Army Air Missile Defense Command, who was killed during an attack at Muwaffaq Salti Air Base in Jordan, during a dignified transfer of his remains at Dover Air Force Base in Dover, Delaware, US on 22 July, 2026. Photo: Reuters

Trump's Iran campaign echoes the post-9/11 'forever wars'

An unmanned US submersible Iran's Islamic Revolutionary Guard Corps says it captured at the entrance of the Strait of Hormuz, at an undisclosed location in Iran, in this picture obtained on 8, September, 2026. Photo: Reuters/IRGC/WANA

Iran likely to reverse-engineer captured US underwater drone

A screengrab from video footage shows Iranian tankers ablaze following attacks on shipping in the region. Photo: Reuters

Iran and US hit tankers in biggest wave of attacks on shipping since war began

Iranian President Masoud Pezeshkian meets with chief of Defence Forces of Pakistan, Field Marshal Asim Munir, in Tehran, Iran, 24 August, 2026. Photo: Iran's Presidential website/WANA/REUTERS

Pakistan warns Iran to rein in Houthis as Riyadh strikes back

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