Iran says it strikes an oil tanker, and other Mideast developments Iran says it has struck an oil tanker trying to transit the Strait of Hormuz The Independent UK · Sep 18
Iran-US war latest: Trump threatens to ‘blow the entire nation up’ after Tehran warns of ‘painful strikes’ The US president said choices include “wiping them out, letting Iran rot economically, or making a deal” The Independent UK · Sep 18
'Do I want to annihilate them?' Trump weighs next phase of Iran war US President Trump is considering major attacks on Iran. Iran's Revolutionary Guard controls the Strait of Hormuz, restricting vessel passage. The US military maintains a naval blockade on Iranian ports. Recent tanker incidents raise concerns about regional stability and oil flow. Trump will meet Gulf leaders to discuss the conflict's… The Times of India · Sep 18
Houthis, Saudis, Iran - and the future of Middle Eastern oil In a lightning offensive last week, Yemen’s Houthis took over much of the country’s Red Sea coast, threatening shipping in the vital sea lane that had emerged as an alternative to Strait of Hormuz in the Persian Gulf. Houthis have been fighting a Saudi-led military coalition for a decade, although… The Times of India · Sep 18
Crude Prices Slip as Supply Fears Ease October WTI crude oil (CLV26 ) closed down -0.52 (-0.51%) on Thursday, and October RBOB gasoline (RBV26 ) closed up +0.0223 (+0.64%). Crude oil and gasoline prices settled mixed on Thursday, with gasoline climbing to a 1.75-month nearest-futures high. Crude prices fell on Thursday amid signs that supply disruptions in... Barchart · Sep 17
A critical pipeline that helped cushion the Hormuz shock just shut: Here’s what it reveals about corporate energy security The Strait of Hormuz crisis offers a business playbook for managing energy disruptions and supply-chain risk. Fortune · Sep 17
Crude Prices Fall as Saudi Arabia Seeks to Restore East-West Pipeline October WTI crude oil (CLV26 ) is down -1.79 (-1.750%) today, and October RBOB gasoline (RBV26 ) is down -0.0191 (-0.55%). Crude oil and gasoline prices are falling today on signs that supply disruptions in the Middle East are set to ease, potentially boosting global oil supplies. Crude prices are... Barchart · Sep 17
Iran Sets New Hormuz Demand: Trump and Netanyahu Must Be Removed From Power, Senior Adviser Says A senior adviser to Iran's supreme leader says the Strait of Hormuz should remain closed until Donald Trump and Benjamin Netanyahu leave power. International Business Times UK · Sep 17
Iran-US live: Trump weighs ‘big decision’ on war after UN says school attack may have been war crime UN mission also accuses Iran of crimes against humanity during its anti-government protest crackdown The Independent UK · Sep 17
Iranian drones, missile target US-contracted vessel near Strait of Hormuz, crew injured: Report A US-contracted vessel faced an Iranian drone and missile strike near the Strait of Hormuz. Minor crew injuries, including smoke inhalation, were reported following the projectile impact. This maritime incident occurred amid ongoing military conflict and regional tensions. Commercial shipping lanes around the vital waterway have been frequently disrupted. Neither… The Economic Times · Sep 17
Crude Oil Prices Sharply Lower as Middle East Disruptions Ease October WTI crude oil (CLV26 ) closed down -3.40 (-3.21%) on Wednesday, and October RBOB gasoline (RBV26 ) closed up +0.0198 (+0.57%). Crude oil and gasoline prices settled mixed on Wednesday, with gasoline climbing to a 3-week nearest-futures high. Crude prices fell sharply on Wednesday as signs emerged that more... Barchart · Sep 16
Rapid Houthi advances in Yemen pose massive strategic risks for Saudi Arabia in the Gulf An advance by Yemen’s Houthi rebels, which has included the targeting of Saudi cities and infrastructure, has quickly complicated a widening Middle East war. The Conversation · Sep 16
Crude Oil Prices Retreat as Supply Fears Ease October WTI crude oil (CLV26 ) is down -4.07 (-3.85%) today, and October RBOB gasoline (RBV26 ) is down -0.-0350 (-1.01%). Crude oil and gasoline prices are sharply lower today on signs that crude supplies are getting through the Strait of Hormuz, easing supply concerns. Losses in crude accelerated today... Barchart · Sep 16
Saudi Arabia runs out of oil export routes as pipeline shuts, Hormuz blocked Saudi Arabia's oil exports face growing challenges after attacks closed a key pipeline. Iran and its allies have tightened their grip on vital maritime routes. The kingdom's main oil export route through the Strait of Hormuz is disrupted. Houthi attacks have also reduced shipments through the Bab al-Mandab Strait. This… The Economic Times · Sep 16
The Economic Times · Sep 15 Oil jumps over $3 as Saudi export halt, Libya outages stoke supply fears Oil prices jump more than $3 as Saudi Arabia suspends oil loadings at Yanbu and Libya halts output at three oil fields. Supply concerns deepen as traffic through the Strait of Hormuz falls, while attacks on energy infrastructure in Russia and Ukraine push US diesel futures to a more than…
The Conversation · Sep 15 Iran’s threat to cut undersea cables in Strait of Hormuz poses a serious threat to Gulf states The conflict between Iran and the US appears to have reached a stalemate. The US navy continues to prevent Iranian vessels or others transiting to or from Iranian ports. Iran, meanwhile, threatens shipping moving in or out of the Persian Gulf region via the Strait of Hormuz.
The Economic Times · Sep 15 Operation Epic Fury: IG report reveals $33B war costs, loss of multiple F-15E Strike Eagles, and diplomatic strain Months of bombing and missile attacks on Iran are yet to yield any substantive gains to the US. While President Donald Trump has on several occasions claimed that the American military is winning the war, Iran has time and again bounced back to hit US bases in the Middle East.…
France 24 · Sep 15 Saudi Arabia vows to hit back ‘firmly’ after Houthi attacks Saudi Arabia vowed on Tuesday to respond "firmly" to attacks by Yemen's Houthis after the Iran-backed fighters wounded 13 people in the kingdom’s south following a series of drone and missile attacks. Tensions have escalated since the Houthis pushed their offensive in Yemen and began targeting Riyadh’s ships in the…
The Economic Times · Sep 15 Oil prices rise as Saudi pipeline outage, fresh attacks raise supply concerns Oil prices increased as attacks on Saudi energy infrastructure persisted. The kingdom's East-West pipeline remains offline, impacting global oil supply. Houthi forces launched fresh attacks, fueling fears of wider Middle East conflict. Commodity vessel traffic through the Strait of Hormuz has also dropped significantly. Saudi Arabia could exhaust export oil…
The Economic Times · Sep 15 Houthis strike Saudi targets anew as talks over Strait of Hormuz stall Iran-aligned Houthis launched fresh attacks on Saudi Arabia as their advances along Yemen’s Red Sea coast intensified pressure on Riyadh. Gulf states postponed talks with Iran, raising fears of wider regional conflict and oil supply disruptions. Saudi airstrikes continued, while Washington resisted direct military intervention. Crude prices rose amid heightened…
The Times of India · Sep 14 US rejects IRGC claim that Panama-flagged tanker hit naval mine The US military on Monday rejected a claim by Iran’s Revolutionary Guards that an oil tanker collided with a naval mine in the Strait of Hormuz.
Barchart · Sep 14 Middle East Supply Constraints Lift Crude Oil Prices October WTI crude oil (CLV26 ) closed up +1.34 (+1.34%) on Monday, and October RBOB gasoline (RBV26 ) closed up +0.0099 (+0.30%). Crude oil and gasoline prices settled sharply higher on Monday, with crude posting a 3.75-month high. Energy prices are rallying on fears that global oil supplies will tighten...
The Times of India · Sep 14 ‘No help whatsoever’: Trump seeks reimbursement from nations for securing Strait of Hormuz US president Donald Trump on Monday demanded that countries benefiting from the security of the Strait of Hormuz reimburse Washington for the costs of protecting the crucial oil-shipping route, accusing nations of providing “no help whatsoever” during the conflict with Iran.
International Business Times · Sep 14 Oil Is Moving Through the Strait of Hormuz Again, But Not as Much as Trump Says: Report Trump said on August 31 that the strait had been averaging "30 ships a night."
France 24 · Sep 14 Countries turn to coal to avoid shipping disruptions in the Strait of Hormuz The US-Israel war on Iran has shaken global energy markets and coal is no exception. Countries around the world are turning to the highly polluting source of power in a bid to avoid shipping disruptions in the Strait of Hormuz. According to the International Energy Agency, global coal demand is…