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SHOCKING: 2 | Mind Blowing Facts

Brent crude oil price nears $100 as attacks on tankers threaten to worsen supply shock

Oil prices climbed to a six-week high as US-Iran attacks on commercial vessels disrupted Strait of Hormuz shipping. Falling tanker traffic has heightened fears of a supply shock, with Goldman Sachs warning crude could reach $120 if attacks intensify.

The Economic Times

IAEA says Iran blocking nuclear inspectors as Hormuz threats mount

IAEA chief Grossi told the Board of Governors that Tehran had provided no information on declared nuclear materials and inspectors had no on-site access, as Iran's parliament speaker threatened US energy assets with retaliatory strikes and the IRGC warned vessels off the southern Hormuz corridor.

Euronews

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

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UAE builds alternative trade, energy routes after Iran attacks, official says

The UAE is building alternative routes for its energy exports and trade to reduce its dependence on the Strait of Hormuz amid the war with Iran, presidential adviser Anwar Gargash said.

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

Oil Price Today (September 7): Crude oil approaches $100 as US, Iran strikes hit oil vessels in Hormuz. Experts weigh in

The latest escalation came on Saturday when U.S. forces struck three Iranian oil tankers, according to U.S. Central Command. One of the vessels was hit off the coast of Kharg Island, near Iran's key oil export hub.

The Economic Times

Oil extends gains after US and Iran strike ships

Oil prices experienced a significant rise on Monday, following a spike in tensions between the US and Iran. The US struck three Iranian oil tankers in a bold move, while Iran responded by targeting US vessels. Maritime intelligence highlighted an alarming escalation with economic repercussions, as shipments through the Strait…

The Economic Times

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Several killed in Israeli strikes in southern Lebanon

At ⁠least 11 people were killed, including two infants, were injured ⁠in Israeli strikes on a ‌residential building in ‌a town in southern Lebanon early on Monday, Lebanon's state news agency reported. The Israeli army had demanded early Monday that residents of Deir Zahrani in southern Lebanon leave a specific…

France 24

Global Market Today: Asian stocks open higher, oil rises after attacks

Asian stock markets saw gains thanks to a rise in US technology stocks on Friday. Oil prices also increased following tanker attacks between Iran and the US in the Strait of Hormuz. Investors are now keenly awaiting US inflation data that will influence Federal Reserve interest rate policies. Meanwhile, the…

The Economic Times

Iran claims it struck a US vessel in the Strait of Hormuz. US military dismisses it as a ‘total lie’

This comes a day after US forces struck three Iranian oil tankers.

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Iran Warns of 'More Painful' Retaliation After US Strikes Three Oil Tankers in Gulf, Raising Fears of Wider Escalation

Mohammad Bagher Ghalibaf warns of a stronger Iranian response after US forces hit three vessels, as renewed maritime confrontations test security across key Gulf shipping routes.

International Business Times UK

Iran to announce new restricted zone in the Gulf, top security official says

Iran's top security official has announced that the country will be establishing a new restricted zone in the Persian Gulf. This move comes amid ongoing tensions in the region, raising concerns about potential disruptions to vital shipping lanes and international maritime traffic. The exact details and implications of this new…

The Economic Times

Trump’s Energy secretary embarrassingly says he has no opinion on future of gas prices - then makes his best guess

Chris Wright declines to say when gas prices will begin to go down, but claimed that loosening fuel standards would counterbalance continued conflict in the Strait of Hormuz

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

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The Independent UK

Iran says it hit a US ship in a week of renewed hostilities, and other Mideast news

Iran says it struck a U.S. military boat in the Strait of Hormuz, marking the latest exchange between the countries after a month of calm

The Independent UK

Iran claims strike on US ship in Strait of Hormuz as fighting escalates

Iran says it struck an unmanned U.S. vessel trying to enter the Strait of Hormuz, the latest salvo in a new flare-up of fighting between the two countries

The Economic Times

Crude oil rally nears $100: Will geopolitical risks push prices higher?

Crude oil prices are nearing $100 per barrel, driven by escalating geopolitical tensions between the US and Iran. While physical supply remains intact, fears of disruptions in the Strait of Hormuz have added a risk premium. Hareesh V of Geojit Investments analyses whether these risks will push prices higher.

The Independent UK

Photos show daily life in Iran on the beach along the Strait of Hormuz

As global attention focuses on the Strait of Hormuz, some Iranians are able to see its waters as a haven. A child plays with a toy on the beach in Kuhestak, a community shaken by a deadly attack on a wedding during U.S. bombardment.

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Euronews

Iran says it attacked US-linked vessels and tankers as Hormuz clashes intensify

The Islamic Revolutionary Guard Corps claimed that it targeted three oil tankers and three US-affiliated vessels in the Strait of Hormuz as the cycle of violence spirals after the US military struck three Iranian oil tankers earlier on Saturday, in response to Iran targetting the US navy on Friday.

The Independent UK

Iran-US war latest: Vance says ‘sometimes things happen’ after US accused of killing five in wedding strike

Vice president rejects characterisation of Iran conflict as a ‘war’ and claims that major combat operations only lasted ‘about six weeks’

France 24

Trump says Iran war is 'small potatoes', Israel strikes southern Lebanon

President Donald Trump on Friday said the Iran war was "small potatoes" for the US, a day after Vice President JD Vance said he wouldn't describe the conflict as a war. In Lebanon, an Israeli strike killed two people in the south, state media reported. Read about the day’s events…

The Economic Times

Oil Price Today (September 4): Crude oil at $96, set for a 7% weekly surge as Iran, US exchange attacks. What’s next?

The latest US attacks, which killed and wounded dozens of people, including Iranian civilians, have resulted in the most intense clashes between the two countries since July. The conflict, which began with US-Israeli strikes at the end of February, has now entered its seventh month.

The Economic Times

Trump doubles down on sanctions, military pressure as Iran refuses to yield

The Trump administration employs economic pressure and military threats against Iran. Iran's government has refused to yield to these intense measures. New sanctions face challenges with major trading partners like China. The Strait of Hormuz remains a key point of contention and risk. Both nations face domestic pressures influencing their…

International Business Times UK

Oil Prices Surge Despite Trump's Proposal to Rename Hormuz Strait as Trump Strait and Claiming It Is Under US Control

US oil prices rose 1.3% despite Trump claiming control over the Strait of Hormuz amid escalating tensions with Iran and diverging data from ship-tracking service providers.

The Independent UK

Sultan of Oman to make state visit to UK, balancing pressures from US and Iran

The Sultan of Oman will travel to Britain for a three-day state visit next month as the Arab nation that controls the southern shore of the Strait of Hormuz comes under pressure from both the U.S. and Iran

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