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YOU WONT BELIEVE: 4 - What They Never Told You

Iran working to finalize Hormuz agreement with Oman, and other news from the Middle East

Iran says it is working to finalize a joint statement with Oman on a plan to manage the transit of ships through the Strait of Hormuz

The Independent UK

Emerged victorious militarily, politically in war: Iranian Parliament Speaker Mohammad Ghalibaf

Iran's Parliament Speaker Mohammad Ghalibaf declared a military and political victory. He stated the nation stood firm against an unjust war led by the US and Israel. The General Staff of Iran's Armed Forces vowed to defeat American-Zionist adversaries. Iran is nearing a pact with Oman defining new shipping lanes.…

The Economic Times

Iranian Parliament to debate Hormuz Strait oversight bills as top lawmaker mocks Trump's threats

Iran's parliament will review legislation for Strait of Hormuz oversight. This comes as lawmakers criticize US President Donald Trump's threats. Iran and Oman finalized a joint shipping route map for the waterway. Lawmakers also debate measures to assert control over the maritime passage. Reopening the strait depends on US fulfilling…

The Economic Times

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Gulf nations growing impatient with Trump's diplomatic efforts regarding truce with Iran: Report

Persian Gulf allies express growing weariness with Iran peace deal negotiations. United States officials reject assessments of President Trump's diplomatic handling of Iran. The US is adopting a low-key approach towards Iran, avoiding immediate military action. Regional intermediaries are working to revive a memorandum of understanding for the Strait of…

The Economic Times

Oman negotiations, reopening of Hormuz are two separate issues: Iranian FM Abbas Araghchi

Iran's foreign minister stated Hormuz Strait talks with Oman are technical. These discussions focus on updating vessel navigation routes for transit. Reopening the Strait depends on Washington fulfilling specific conditions. Iranian officials rejected US President Trump's claims about Hormuz Strait territory. Iran asserts command over the Strait of Hormuz, which…

The Economic Times

Iran fires back at Trump's threat to declare Hormuz a U.S. territory

Iran asserts control over the Strait of Hormuz, rejecting US President Donald Trump's claims. Trump stated he would declare the strait US territory after defeating Iran. An unnamed White House official later clarified Trump was joking about the declaration. Attacks in the strait continue, impacting regional shipping and oil prices…

The Economic Times

Iran, Oman home in on Hormuz Strait deal as ship attacks mount

Iran and Oman are nearing a deal on managing Strait of Hormuz. This agreement aims to ensure safe passage through the vital waterway. The United States is preparing new economic measures against Iran. Regional conflicts involving Israel, Hezbollah, and Hamas continue to escalate. Tensions persist as global energy markets remain…

The Economic Times

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Iran claims 'trillion-dollar' pollution damage as Gulf oil spills spread

Oil residues from a struck bulk carrier reached Iran's Qeshm Island and its protected mangrove forests, while a sanctioned Russian shadow fleet tanker grounded off Oman has leaked a slick that has grown to more than 2,000 square kilometres, fouling 40 kilometres of Omani coastline.

Euronews

Iran-US war latest: Trump’s agreement with Tehran expires today as $30k bounty placed on US soldiers

Iranian army commander’s threat comes after the American president vowed to declare the Strait of Hormuz a US territory

The Independent UK

A British firm starts containment of oil spill from stricken tanker off Oman

A British maritime company has been hired to salvage a grounded Russian tanker off Oman and stop a spreading oil spill

The Independent UK

India's Petronet says no clarity on September LNG supplies from Qatar

Petronet LNG of India faces challenges in securing a reliable Qatari natural gas supply for September due to Qatar's force majeure announcement, affecting 56 cargoes. To compensate, Indian firms are diversifying their LNG imports from Oman, the US, Nigeria, and Angola. Existing contracts indicate that any late Qatari deliveries could…

The Economic Times

Iran Slams Hormuz Stakeholders Over Oil Pollution as IEA Warns of 4% Global Supply Drop: ‘Who Bears Responsibility…’

Iran’s Ministry of Foreign Affairs spokesperson, Esmaeil Baqaei, has expressed concerns over the environmental degradation in the Strait of Hormuz amid the recent oil spill in the region

Benzinga

Oman says oil spill from grounded tanker has reached its coastline

Crude oil from a grounded tanker has reached Omani mainland beaches. The sanctioned vessel, Caroline Bezengi, is leaking nearly one million barrels. Contamination has spread north of Qabiliyah Island, endangering a marine protected area. Southern coasts of Masirah Island may also be affected soon. Satellite images show the spill covers…

The Economic Times

Oil spill from tanker believed to be Russian reaches Oman's coastline, Muscat authorities say

The beaches of Ras Madrakah on mainland Oman, around 200 kilometres north of Qabiliyah Island, have also been contaminated, according to Oman's Environment Authority, which has been keeping an eye on the leak.

Euronews

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Barchart

Crude Prices Supported as Strait of Hormuz Remains Closed

September WTI crude oil (CLU26 ) is up +0.19 (+0.23%) today, and September RBOB gasoline (RBU26 ) is down -0.0376 (-1.20%). Crude oil and gasoline prices are mixed today, with crude oil climbing to a 1-week high. The lack of an agreement between Iran and Oman to reopen the Strait...

Euronews

Qatar sees 'positive' signs in Iran-Oman talks on reopening Hormuz

Doha said Iran and Oman had reached the technical stage of negotiations and were finalising shipping route coordinates, but warned against delay as only six vessels transited Hormuz on Monday compared with 130-140 before the war.

Bangkok Post

Oil spill off Oman coast shows no sign of stabilising: analyst

Leaking crude oil from a tanker grounded off a nature reserve in Oman has created a slick covering almost 154 square miles, the country's government said on Monday (August 10). John Amos, CEO of environmental nonprofit SkyTruth, said there had not been any sign of vessel activity at the site…

Barchart

Crude Prices Soar as Strait of Hormuz Reopening in Doubt

September WTI crude oil (CLU26 ) closed up +3.95 (+5.05%) on Monday, and September RBOB gasoline (RBU26 ) closed up +0.1501 (+5.03%). Crude oil and gasoline prices rallied sharply on Monday, with gasoline soaring to a 1-week high. The lack of an agreement between Iran and Oman to reopen the...

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Barchart

Crude Prices Soar as Middle East Tensions Curb Global Oil Supplies

September WTI crude oil (CLU26 ) is up +2.76 (+3.53%) on Friday, and September RBOB gasoline (RBU26 ) is up +0.1203 (+4.03%). Crude oil and gasoline prices are sharply higher today, with gasoline climbing to a 1-week high. The lack of an agreement between Iran and Oman to reopen the...

International Business Times UK

Iranian Adviser Tells Tehran to Play the Long Game and Outlast Trump Until 2029

An Iranian adviser suggests Tehran should avoid both war and deals with Trump, advocating for strategic patience until his presidency ends in 2029, while denying direct US talks.

The Economic Times

Oil spill off Oman from tanker under sanctions against Russia spreads over huge area

The Caroline Bezengi's crew first reported difficulties on June 8 off the southern Yemeni port ‌of Mukalla, two ⁠maritime ⁠security sources said, adding that initial assessments indicated that a blast occurred onboard.

The Economic Times

Strait of Hormuz to stay shut until US ends naval blockade: Iranian FM spokesperson

Iran stated the Strait of Hormuz will not reopen until the US halts its naval blockade. Foreign Ministry spokesperson Esmaeil Baghaei attributed the closure to military aggression. He emphasized that reopening depends on conditions imposed by American and Israeli authorities. Iranian Foreign Minister Seyed Abbas Araghchi confirmed no active negotiations…

The Economic Times

Iran says Hormuz transit fee details not under discussion in Oman talks

Iran is not currently discussing details of possible transit fees with Oman as the two countries negotiate a new shipping route through the Strait of Hormuz, Foreign Ministry spokesperson Esmail Baghaei said. He said talks on the maritime mechanism remain ongoing, with the two sides discussing safe passage, environmental issues,…

The Economic Times

New Hormuz security mechanisms developed with Oman: Iran's Foreign Ministry, says US violations block safe waterway

Iran and Oman are developing new mechanisms to monitor shipping safety through the Strait of Hormuz. Discussions between Tehran and Muscat are progressing smoothly and constructively on this matter. These mechanisms will cover shipping, environmental issues, maritime services, and crime combating. Iran states the Strait remains unsafe due to ongoing…

International Business Times UK

Oil Prices Rise on Iran-Oman Deal Hopes Despite Hormuz Stalemate

Oil prices are fluctuating due to diplomatic tensions over the Strait of Hormuz, with traders reacting to signals from Tehran, Washington, and Muscat rather than supply-demand fundamentals.

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