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UNCOVERED: Strait - Caught on Camera

Energy prices could soar even higher, Bank of England boss admits in cost of living warning

Andrew Bailey told MPs that energy prices ‘could be higher still’ as disruption in the Strait of Hormuz continues

The Independent UK

Iran-US war latest: Trump says conflict won’t end until after November midterm elections

Trump says US could strike Pickaxe Mountain after construction activity seen at deeply buried complex

The Independent UK

Tehran Blacklists International Vessels as Parliament Speaker Warns Game Rules Have Changed

Iran warns Trump as Tehran blacklists 56 vessels and threatens a harsher response, while a new Strait of Hormuz crisis sends oil prices towards $100.

International Business Times UK

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Iran vows to respond to US strikes, says US energy companies' facilities are 'exposed'

Iran has threatened to retaliate against any new United States attacks on its assets. The nation warned that regional energy production is accessible and exposed to potential strikes. Iranian officials announced plans for a new restricted zone in the Gulf. This zone would impact shipping through the vital Strait of…

The Economic Times

Iran-US war latest: Tehran hikes gasoline prices for heavy users as Strait of Hormuz traffic continues to fall

Iran raises gasoline prices after warning the US of retaliation for any new attacks

The Independent UK

"Strait of Hormuz is effectively blocked": Foreign expert Robinder Sachdev on US-Iran "tit-for-tat" phase

The Strait of Hormuz faces sporadic tit-for-tat strikes between the United States and Iran. American forces struck Iranian targets after Iran targeted US warships and bases. Only a fraction of daily shipping traffic now passes through the vital waterway. The US military destroyed three Iranian oil tankers following missile attacks.…

The Economic Times

Iran claims strike on US navy drone, US says it's 'total lie' as Hormuz clashes rage on

As the US-Iran clashes in Hormuz intensify, Iran claimed it struck an unmanned US navy vessel on Sunday, which the US denied as a "total lie". Iran has ramped up its offensive military response in Hormuz warning against any new US attacks.

Euronews

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Oil edges down as investors weigh uncertainty over U.S.-Iran strikes

On Thursday, oil prices dropped slightly amid escalating military tensions. Investors are closely monitoring the hostilities between the United States and Iran, as recent clashes mark the most significant skirmishes since July, raising global supply concerns. Nevertheless, by midday Wednesday, initial signs of easing tensions appeared, with shipping data revealing…

The Economic Times

The U.S. Has a New Strategy To Target Iranian Oil: 'Tanker For Tanker'

The U.S. military targeted two Iranian tankers on Tuesday as hostilities around the Strait of Hormuz escalate again.

International Business Times

'Tanker for tanker': Trump's new retaliation policy behind US strikes on Iran

United States forces struck two Iranian government tankers on Tuesday. These strikes were part of a new policy aimed at deterring attacks. Approximately one hundred targets, including military sites, were hit by US drones. Iran's retaliation involved ballistic missiles and drones, which were largely intercepted. Shipping continued through the Strait…

The Economic Times

Bond Yields Rose And U.S.-Iran War Escalated Again. Stocks Fell.

Iran retaliated to U.S. attacks, saying they seek to "tighten the lock" on the Strait of Hormuz.

International Business Times

Iran warns US strikes will 'tighten the lock' on Strait of Hormuz

The Revolutionary Guard Corps of Iran issued a statement claiming that US military strikes would exacerbate conditions in the Strait of Hormuz. The US has verified its attacks on IRGC targets in Iran after a string of Iranian assaults on vessels and troops. In retaliation, Iran has initiated a military…

The Economic Times

U.S. Strikes Iran Again In The Strait Of Hormuz. Tehran Vows 'Harsh Punishment.'

"Harsh punishment awaits the aggressors. The United States will regret its new attacks," an IRGC spokesman said.

International Business Times

Trump says US launches ‘large and powerful’ strikes on Iranian targets near Strait of Hormuz

Responding to rising threats in the region, United States forces have executed strikes aimed at Iran's Islamic Revolutionary Guard Corps targets. Central Command reported that the operations commenced on Tuesday afternoon, citing recent aggressive actions against American personnel and commercial shipping. These military actions mark a sharp escalation in the…

The Economic Times

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The Economic Times

Qatar urges US, Iran to resume talks after flare-up

In light of recent tensions, Qatar has called on both the United States and Iran to re-engage in negotiations. Following US strikes on an Iranian location, Iran responded with attacks on American military assets. Concurrently, Iran's activities are impacting shipping in the critical Strait of Hormuz. The Qatari foreign ministry…

Euronews

US forces strike Iranian rocket launchers in Strait of Hormuz as IRGC warns of 'retaliatory response'

The IRGC confirmed strikes had hit Larak Island and warned that the attack would be "met with a retaliatory response," per Iran's Fars news agency.

The Economic Times

Ecological cost of US-Iran war: Scientists warn ships stranded for months in the Strait of Hormuz could now carry invasive species, posing an ‘immense international biosecurity threat’

Ships stranded for months in the Strait of Hormuz now pose a bioinvasion risk. These vessels may carry dense communities of marine organisms to global ports. Scientists warn of a potential super-spreader event as shipping resumes. Affected ships could introduce non-native species to new marine ecosystems. Early detection and port…

The Economic Times

Crude oil prices end winning run with first weekly fall in nearly a month. Can liquid gold slide further?

Crude oil prices posted their first weekly decline in three weeks as improving flows through the Strait of Hormuz eased supply concerns. Brent fell over 5% for the week, while WTI declined more than 4%. However, prolonged shipping disruptions could push prices higher, with JPMorgan and Goldman Sachs flagging upside…

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The Economic Times

Oil settles lower on clues about Fed policy, rumors of Hormuz deal

On Friday, oil prices dipped, driven by signals from the Federal Reserve and circulating rumors regarding the Strait of Hormuz. Market traders assessed the possibility of rate hikes by the U.S. Federal Reserve aimed at battling inflation. Additionally, talks of a potential agreement to reopen the Strait influenced the market…

Fortune

The Strait of Hormuz crisis threatened Asia's oil and gas lifeline. Here's how the region is rewriting its energy playbook

“Notwithstanding the rise of alternative and green technologies over the past decade, the global economy is still very reliant on oil and gas."

The Economic Times

Iraq opens oil exports beyond Hormuz after months of war, eyes ship-to-ship route off Oman

Iraq now allows crude oil collection outside the Persian Gulf for buyers. This move comes as exports continue through the Strait of Hormuz despite disruptions. Iraq's state oil marketer is offering specific crude grades via ship-to-ship transfer. This shift follows previous steep discounts offered to entice buyers. The country aims…

International Business Times

Trump Claimed All Mines Were Removed From The Hormuz Strait. Allies Are Reportedly Not So Sure.

U.S. allies believe Iran laid between 80 and 150 mines in the waterway.

The Independent UK

Iran-US war latest: Tehran drafting list of conditions to open Hormuz as Trump sends new warship to Middle East

Trump insists US is still winning against Iran and willing to do ‘whatever it takes’

The Economic Times

Oil Price Today (August 27): Crude oil dips to $87, down for 4th session amid Hormuz reopening hopes. What are experts saying?

Oil prices slipped on Thursday, extending their losing streak, as hopes of a Strait of Hormuz reopening grew amid diplomatic efforts involving Iran and Oman. Brent crude fell 0.7% to $87.24 a barrel, while WTI declined 0.7% to $81.67. Markets are watching developments around the key oil transit route; a…

The Independent UK

What is happening in the Strait of Hormuz after Trump’s strange rant?

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