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Gulf War Flare-Up: What the Latest U.S.–Iran Strikes Mean for Your Wallet

  The three-month-old war between the U.S.–Israel coalition and Iran escalated again this morning. Here's a plain-English breakdown of what happened — and what it means for your gas tank and grocery bill. What Happened on June 6? U.S. forces struck Iranian coastal radar sites on Saturday, June 6, after shooting down drones launched by Iran toward the Strait of Hormuz, according to the U.S. military. The U.S. military believes the four Iranian drones were targeting regional maritime traffic. U.S. Central Command said it struck Iran's surveillance sites in Goruk and Qeshm Island, both located on the Strait of Hormuz. Iran did not take that lying down: Iran's Revolutionary Guard Corps said it had targeted U.S. bases in Kuwait and Bahrain in retaliation and fired on four tankers attempting to cross the strait without its permission. U.S. forces also helped shoot down incoming Iranian missiles and drones directed at Kuwait and Bahrain — a barrage of seven ballistic missiles in t...
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Greece Eyes Israeli Defense Systems for “Achilles Shield” Project

 

A PULS multiple rocket launcher miniature and artillery rockets by Israeli Elbit Systems is exhibited at the DEFEA Defence Exhibition, in Athens.


Greece has entered negotiations with Israel to purchase advanced missile and artillery systems as part of its ambitious plan to modernize national defense. The initiative, known as the “Achilles Shield”, aims to establish a multi-layered anti-aircraft and anti-drone defense dome to protect Greek airspace.

Officials confirmed that Athens is seeking to acquire 36 PULS artillery systems along with modern anti-aircraft platforms from Israeli defense contractors. Talks are expected to intensify in the coming months, with Greek companies contributing about 25% of the project’s work.

The deal is part of Greece’s broader €28 billion ($33 billion) defense modernization program, scheduled through 2036. Beyond missile systems, the plan includes purchases of stealth fighter jets, frigates, and submarines from the United States and Europe. Roughly €3 billion of the budget is earmarked specifically for the Achilles Shield project.

The move underscores Greece’s determination to bolster its defenses amid ongoing tensions with neighboring Turkey, its historic rival. By partnering with Israel, Athens signals a strategic pivot toward advanced defense technologies and closer military cooperation with regional allies.

If finalized, the acquisition would mark one of the most significant upgrades to Greece’s air-defense network in decades, replacing older systems with a modern, integrated shield against aerial threats.

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