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FORGOTTEN HISTORY: 4 - The Untold Story

Oil Price Today (September 2): Crude oil nears $97 as war tensions escalate. Will it hit $100 again?

The United States said it carried out a series of airstrikes against targets in Iran overnight, drawing a response from Tehran in what was described as the most serious escalation in the conflict between the two countries in weeks.

The Economic Times

🔴 Live: Trump suggests renaming Hormuz 'Trump Strait'

President Donald Trump has suggested renaming the Strait of Hormuz as "Trump Strait," despite the fact that the crucial waterway remains contested amid the war with Iran.

France 24

Iran says it killed ‘large number’ of US forces in Jordan; America says no casualties

Iran on Wednesday claimed its attacks on US forces in Jordan killed a “large number” of American personnel, a claim Washington rejected by reporting no casualties. The Islamic Revolutionary Guards also said it struck US bases in Erbil with missiles and drones, while Bahrain said its air defences intercepted Iranian…

The Economic Times

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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

Crude Prices Surge on Escalation of US-Iran Hostilities

October WTI crude oil (CLV26 ) closed up +4.46 (+5.20%) on Tuesday, and October RBOB gasoline (RBV26 ) closed up +0.0581 (+1.89%). Crude oil and gasoline prices surged on Tuesday, with crude oil posting a 6-week high. Crude prices rallied sharply on escalation of hostilities between the US and Iran,...

Barchart

Trump says US gave Iran many chances, dismisses value of any deal: Report

During a Fox News interview on September 1st, President Donald Trump remarked that Iran has squandered multiple opportunities for a meaningful agreement. He stated that any potential deal with the Iranian government is unlikely to be trustworthy or reliable, highlighting his strong opposition to ongoing negotiations and indicating a decisive…

The Economic Times

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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

US launches new strikes in southern Iran, Tehran responds with attacks across region

The US military launched new waves of strikes on military installations along Iran's southern coast. Tehran responded immediately with missile and drone attacks in Jordan, Bahrain and Kuwait, sparking a new flare-up of hostilities and threats from both sides.

Euronews

'Very justified': Trump says US striking Iran targets, warns of ‘harder’ attacks

US President Donald Trump warned Iran of a much stronger American response if Tehran retaliates after the US military launched strikes on Iranian targets near the Strait of Hormuz.

The Times of India

Crude Rallies on Concern of Prolonged Disruption to Middle East Oil Supplies

October WTI crude oil (CLV26 ) is up +1.99 (+2.32%) today, and October RBOB gasoline (RBV26 ) is up +0.0153 (+0.50%). Crude oil and gasoline prices are sharply higher for a second day today, with crude oil posting a 6-week high. Crude prices are supported as fresh hostilities between the...

Barchart

Oil up more than 2% as renewed US-Iran strikes stoke supply fears

Oil prices surged as hostilities reignited between the United States and Iran. This escalation raised alarms over possible supply interruptions from the vital Middle East region. In a concerning incident, two Saudi oil supertankers were targeted by projectiles in the Strait of Hormuz. Efforts are underway to negotiate a resolution…

The Economic Times

Tankers Were Hit Again In The Strait Of Hormuz. Oil Is Soaring Further.

The U.S. is reportedly considering renewed strikes against Iran in the Strait of Hormuz to prevent the country from rebuilding capabilities.

International Business Times

Iran's president says Iran would return to ceasefire agreement if US does, and other Mideast news

Iran’s president says his country is ready to return to the ceasefire deal agreed to with the United States in June so long as Washington follows suit

The Independent UK

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The Economic Times

Two tankers carrying Saudi oil attacked in Strait of Hormuz

Two supertankers carrying Saudi crude were struck by unknown projectiles within minutes of each other while exiting the Strait of Hormuz, shipping intelligence firms said. Both vessels had loaded two million barrels of Saudi oil each, while their crews were reported safe.

The Times of India

Saudi tanker stopped at Hormuz as vessels entering the strait fall below 10-day average

A Saudi oil tanker was stopped while navigating the Strait of Hormuz on Tuesday, just a day after another tanker was struck by a projectile in the same area. Recent reports indicate a notable decline in vessel traffic in this critical waterway, contrasting with an uptick in the Bab-el Mandeb…

The Independent UK

Iran-US war latest: Tehran hits back after Trump strikes Iranian tankers and wedding party

The latest US strikes follow Iranian attacks on shipping and American service members

The Conversation

Sanctions and bombs won’t end the war in Iran. Trump is running out of options against an intractable foe

President Donald Trump has entangled the United States in a war of choice with Iran that he cannot easily win or quit.

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The Economic Times

Oil Price Today (September 1): Crude oil above $90 as US, Iran attacks jolt Hormuz hopes. $100 in sight?

Oil prices rose on Tuesday as renewed fighting between the U.S. and Iran in the Middle East revived concerns over potential supply disruptions from the world’s key crude-producing region.

The Economic Times

Oil prices rise as latest fighting resurrects Middle East supply disruption risks

On Tuesday, oil prices surged as concerns over supply disruptions arose due to escalating conflicts in the Middle East. Both Brent crude futures and West Texas Intermediate crude experienced notable gains. Tensions escalated following the recent direct confrontations between the U.S. and Iran, compounded by shipping data indicating a reduction…

The Economic Times

Global Market Today: Asian bonds fall as geopolitical risks lift oil, yields

Brent crude extended gains in early Asian trading to over $91 a barrel after renewed fighting in the Middle East. The US and Iran exchanged strikes for the first time in about a month as American forces hit an island in the Strait of Hormuz and the Islamic Republic responded…

France 24

Trump threatens to ‘hit Iran hard’ as strikes resume after month-long lull

President Donald Trump said Monday that the US would hit back against Iranian attacks on US targets in the Middle East, according to a Fox News reporter. The Iranian attacks were themselves a response to US strikes on an island in the Strait of Hormuz, the first flare-up in a…

The Independent UK

Trump threatens further action as US and Iran exchange strikes for first time in weeks

Trump has vowed further escalation after Iran retaliated for US attacks on rocket launchers on Larak Island in the Strait of Hormuz

Barchart

Renewed US-Iran Hostilities Push Crude Prices Higher

October WTI crude oil (CLV26 ) closed up +2.36 (+2.83%) on Monday, and October RBOB gasoline (RBV26 ) closed up +0.0268 (+0.88%). Crude oil and gasoline prices moved sharply higher on Monday, with crude climbing to a 1-week high. Renewed tensions in the Middle East boosted crude prices on Monday...

Barchart

Crude Prices Jump as the US and Iran Exchange Attacks

October WTI crude oil (CLV26 ) is up +1.82 (+2.18%) today, and October RBOB gasoline (RBV26 ) is up +0.0122 (+0.40%). Crude oil and gasoline prices are moving higher today, with crude climbing to a 1-week high. Renewed tensions in the Middle East are boosting crude prices today after the...

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