REVEALED: 11 | Rare Historical Photos

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."

International Business Times · 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…

France 24 · Sep 14

Fuel supplies disrupted across Sri Lanka as private firms seek relief from rising costs

Fuel supplies in Sri Lanka have been disrupted after private distributors reduced diesel deliveries, citing steep increases in global fuel, shipping, insurance and security costs amid uncertainty around the Strait of Hormuz.

The Times of India · Sep 14

Trump’s ‘little war’ with Iran just got a lot bigger

Trump’s strategy of economically strangling Iran may be increasing rather than reducing the risk of a wider Middle East war. As Tehran and its Houthi allies threaten shipping around both the Strait of Hormuz and Bab el-Mandeb, the conflict could outlast Trump’s presidency and reshape the regional balance of power.

The Economic Times · Sep 14

Iran-US war latest: Trump dodges blame for rising prices as he makes fresh claim on peace talks

Oil prices rose by 3% to over $108 on Monday after new Houthi strikes on Saudi Arabia and Iranian attacks on ships in the Gulf

The Independent UK · Sep 14

When it comes to crude oil prices, it's all about location, location, location

Crude oil prices show a significant divergence as conflict escalates in the Middle East. Barrels facing transit risks are heavily discounted, while freely moving oil commands premiums. The Bab el-Mandeb strait's potential closure and pipeline attacks are impacting global supply routes. Oil outside the Persian Gulf is increasingly expensive, especially…

The Economic Times · Sep 14

Oman postpones regional talks on Strait of Hormuz

Oman postponed a meeting on the Strait of Hormuz amid regional tensions. An Iranian ship was struck near the waterway, killing one person. Houthi rebels launched drones and missiles toward southern Saudi Arabia. An Israeli strike in Gaza killed two individuals, according to reports. Protests erupted in Syria over increased…

The Economic Times · Sep 14

Iranian cargo vessel struck near Qeshm Island as Oman delays Tehran-Gulf talks

An Iranian cargo vessel was struck off Qeshm Island in the Strait of Hormuz on Sunday, killing one person and wounding four, Iranian state media said. Tehran blamed a “terrorist enemy” for the attack, which came as threats to shipping intensified around the Hormuz and Bab el-Mandeb straits.

France 24 · Sep 14

Oil prices jump more than 2% after new strikes on Saudi, Strait of Hormuz

Oil prices jumped over two percent on Monday, driven by fresh attacks from Houthi militants and Iranian forces. This escalation has heightened fears of supply disruptions after a crucial Saudi oil pipeline was compromised. A vessel in the Strait of Hormuz was hit, resulting in a fire and the evacuation…

The Economic Times · Sep 14

Iranian cargo ship is struck, and talks between Tehran and its neighbors are postponed

An Iranian cargo vessel was struck off Qeshm Island in the Strait of Hormuz, killing one and injuring four, Iranian state media reported. The attack came as Tehran postponed a meeting with Gulf states on managing shipping through the strategic waterway, amid heightened regional tensions and continued attacks on vessels.

The Economic Times · Sep 14