Trump's Golden Dome plan could launch new era of weapons in space
US President Donald Trump's Golden Dome missile defence concept revives a controversial, decades-old initiative whose ambitious construction could upend norms in outer space and reshape relations between the world's top space powers.
The announcement of Golden Dome, a vast network of satellites and weapons in Earth's orbit set to cost $175bn (R3.13-trillion), could sharply escalate the militarisation of space, a trend that has intensified over the last decade, space analysts say.
While the world's biggest space powers — the US, Russia and China — have put military and intelligence assets in orbit since the 1960s, they have done so mostly in secrecy.
Under former President Joe Biden, US Space Force officials had grown vocal about a need for greater offensive space capabilities due to space-based threats from Russia and China.
When Trump announced his Golden Dome plan in January, it was a clear shift in strategy, one that emphasises a bold move into space with expensive, untested technology that could be a financial boon to US defence contractors.
The concept includes space-based missiles that would launch from satellites in orbit to intercept conventional and nuclear missiles launched from Earth.
"I think it's opening a Pandora's box," said Victoria Samson, director of space security and stability at the Secure World Foundation think tank in Washington, referring to deploying missiles in space. "We haven't truly thought about the long-term consequences for doing so."
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TimesLIVE
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IOL News
2 hours ago
- IOL News
Trump warns against rising oil prices following Iran attack
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Tehran could close the Strait of Hormuz, a waterway at the mouth of the Persian Gulf that carries about a quarter of the world's seaborne oil trade. Although concern has focused on that chokepoint, any possible retaliation could affect other infrastructure key to the region's oil processing and shipment. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Next Stay Close ✕ Roughly 70% to 75% of the crude, condensate and refined products that come out of the Gulf flow through some nine facilities, which could be bottlenecks, said Colby Connelly, a senior fellow at the Middle East Institute. Higher prices for oil - as well as the gasoline and jet fuel made from it - would squeeze US consumers whose bank accounts have been stretched in recent years by inflation, a development that could inflict political pain on Trump and Republicans. If the strait is shut to shipping, crude could soar past $130 (R2 350) per barrel, according to a Bloomberg Economics estimate. White House Press Secretary Karoline Leavitt said earlier Monday that the US is 'actively and closely monitoring this situation in the Strait of Hormuz and the Iranian regime would be foolish to make that decision.' Global oil benchmarks are roughly 10% higher than they were immediately before Israel attacked Iran earlier this month. But Monday saw markets erase initial gains, as fears began to fade of an immediate disruption of supplies. Brent crude initially surged to $81.40 a barrel, but later dropped below $77. Trump's directive for more US drilling cannot, on its own, spur more oil and gas development. US oil executives have shown little appetite in recent years to dramatically boost output, with the price of West Texas Intermediate at times falling below the cost of production at some sites. Oil companies generally are plotting investment decisions in the US based on long-term price forecasts - not the temporary spike spurred by the attacks on Iran and the fear of supply disruption in the Mideast. Well before the American attack, Trump administration officials discussed the potential for oil supply disruptions that could drive up prices for crude, as well as options for countering any surge, according to people familiar with the matter. The current climb reflects 'the market pricing in the potential for disruption' and not a reaction to any actual loss in supply, Connelly said. Even so, 'there are impacts that are beginning to be felt elsewhere in the world, and the macroeconomic outlook will feel that the longer this goes on, even if there is no actual loss of supply.' Trump's post suggests the emerging oil-price impacts - which could ripple across the economy - are weighing on him. For weeks before the conflict, Trump had praised the fall in oil prices, even to the chagrin of the executives who helped bankroll his 2024 presidential campaign. Yet Trump has limited options to help contain the price impacts at home. While he could tap the US emergency oil stockpile, that reserve has been depleted to about 400 million barrels of crude, about half its capacity. Analysts warn even a strategic release of emergency crude would do little to offset the loss of potentially millions of barrels of crude daily through the Strait of Hormuz, should Iran retaliate by seeding its narrow shipping lanes with naval mines to disrupt traffic. BLOOMBERG


eNCA
2 hours ago
- eNCA
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