Strait of Hormuz

US-Iran war LIVE: Oil prices rise more than 3% after fresh Houthi strikes on Saudi Arabia

Global energy markets face severe disruption as infrastructure sabotage, maritime attacks, and the shutdown of Saudi Arabia's primary crude pipeline drive Brent crude up.

Business · 1219 words

Merchant vessel strike in Strait of Hormuz kills one crew member

An explosion off Qeshm island killed one crew member and injured three others, highlighting the mounting human cost inside the blockaded Strait of Hormuz amid broader energy corridor disruptions.

World · 1069 words

Trump Says Iran War Will End After US Midterm Elections

As U.S. forces target Iranian tankers in the Strait of Hormuz, the administration links the conflict's resolution and a proposed $5,000 citizen dividend to the elections.

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US and Iran target oil tankers in Strait of Hormuz escalation

With 11.1 million barrels of oil idling in the Strait of Hormuz, military strikes now threaten global energy markets and desalination plants supplying 80 million people.

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Brent crude rises above $100 a barrel as Middle East conflict intensifies

Intensifying military clashes between the U.S. and Iran, alongside Houthi strikes on Saudi energy facilities, have throttled daily maritime oil throughput below 2 million barrels.

Business · 1232 words

Brent crude oil prices top $100 per barrel as US-Iran conflict escalates

Global energy benchmarks surged past $100 a barrel as military engagements in the Persian Gulf deepened disruptions to trade routes. The oil shock is driving up retail fuel costs worldwide and pressuring central banks.

Business · 988 words

US destroys five Iranian oil tankers as Tehran strikes targets in Jordan

The escalation marks a return to open hostilities as the U.S. applies a 'tanker doctrine' of attrition and Brent crude prices briefly climb to $99.46 per barrel.

World · 925 words

Iran claims capture of US submarine drone in Strait of Hormuz

The seizure of an Anduril Dive-LD submersible coincides with a surge in oil prices and the U.S. destruction of five Iranian crude oil carriers.

World · 1006 words

OGRA announces new petrol and diesel prices for today

Pakistan's Oil and Gas Regulatory Authority implemented daily ex-depot price revisions for petrol and diesel to manage extreme market volatility resulting from global energy disruptions.

Business · 862 words

Goldman Sachs Warns Oil Could Hit $120 as Shipping Risks Rise

Crude prices surged near $100 per barrel as Iran announced a planned maritime exclusion zone threatening a U.S. naval blockade in the Persian Gulf.

World · 914 words

Iran to announce shipping exclusion zone near Strait of Hormuz

Tehran intends to blacklist vessels entering a new restricted area extending into the Persian Gulf as diplomatic efforts over Iran's nuclear program collapse.

World · 1114 words

US strikes Iranian oil tankers amid rising tensions

The strikes on the M/T Downy, Stark 1, and M/T Kylo follow IRGC attacks on American warships and come amid the effective closure of the Strait of Hormuz.

World · 943 words

Iran threatens faster and more intense military response to US attacks

Mohammad Bagher Ghalibaf announced that Iran is abandoning proportionate responses in favor of swifter counterattacks following a naval exchange in the Strait of Hormuz.

World · 793 words

US forces disable 3 Iranian oil tankers after missile attacks on Navy ships

The US military has pivoted to an 'asset-for-missile' doctrine, sinking the MT Kylo and disabling two other carriers to bankrupt funding for the IRGC.

World · 1194 words

Trump warns US may strike Iran nuclear site Pickaxe Mountain very soon

The threat follows a five-month military campaign that has cost over $37.5 billion and resulted in the deaths of 18 US service members.

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US missiles strike Iranian oil tanker near Kharg Island

Four U.S. missiles reportedly struck an Iranian oil tanker near Kharg Island, forcing the crew to evacuate amid an intensifying regional maritime conflict.

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Iran attacks US bases in Kuwait after US strike hits wedding party

Tehran retaliates against US assets across the Middle East as the US investigates reports of civilian casualties in Sirik County.

World · 665 words

US launches fresh strikes on Iran as regional fighting escalates

Escalating clashes have triggered a blockade of the Strait of Hormuz, driving up oil prices and causing internal friction within the US government.

World · 909 words

Iran attacks US bases in Kuwait and UAE following American airstrikes

The retaliation follows a U.S. campaign targeting military equipment along the Strait of Hormuz, triggering a shift in Iranian defense doctrine.

World · 865 words

US Treasury prepares toughest sanctions in history to isolate Iran

Treasury Secretary Scott Bessent signals a shift toward economic warfare following the failure of a June Memorandum of Understanding, while Iran threatens nations participating in the economic war.

World · 785 words

Oil prices fall as US prepares toughest-ever sanctions on Iran

Treasury Secretary Scott Bessent warns of an 'economic D-Day' as Washington launches a massive financial offensive, coinciding with Tehran's attempt to impose tolls on cargo vessels.

Business · 944 words

Trump Vows Economic War As Iran Threatens To Halt All Oil Exports

US Treasury Secretary Scott Bessent has characterized new financial sanctions as an economic D-Day, while Iran warns that supporting the measures is an act of war.

World · 878 words

Not a single drop of oil will be exported if US economic war persists: Iran

Tehran has labeled Washington's latest financial offensive an act of war, coinciding with a sharp decline in vessel transits through the Strait of Hormuz.

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Trump calls Iran little detour during South Carolina rally

Speaking at a Myrtle Beach rally, Donald Trump minimized the military standoff with Iran as a minor disruption aimed at halting its nuclear ambitions.

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More than 750 US troops wounded in Iran war

As the U.S.-Iran conflict enters its sixth month with casualties surpassing 770, the Pentagon has ordered sailors and Marines to purge personal digital data to evade hostile surveillance.

World · 929 words

UAE suspends all trade and financial transactions with Iran amid escalating tensions

The United Arab Emirates has completely severed commercial ties with Iran after two ballistic missiles were launched toward its territory, compounding severe oil supply disruptions in the Strait of Hormuz.

Business · 960 words

Trump shares map declaring Strait of Hormuz new US territory

President Trump published a map labeling the vital energy chokepoint as US territory, exacerbating tensions as regional trade plummets and Iran negotiates alternative shipping routes with Oman.

World · 762 words

Oil climbs as fading US-Iran peace hopes raise supply risks

Brent and WTI crude futures extended gains for a third session as diplomatic efforts broke down and tanker traffic through the Strait of Hormuz remained heavily restricted.

Business · 671 words

Oil prices at near three-week high as US-Iran peace hopes fade

Brent crude reached $91.22 a barrel and WTI climbed to $85.31 as collapsing diplomatic talks and naval blockades permanently reprice Middle East shipping bottlenecks.

Business · 993 words

Iran offers $30,000 bounty for killing or capturing US soldiers

Army chief Amir Hatami announced a tiered reward system for citizens who target American military personnel, despite no known US ground forces being deployed inside Iran.

World · 888 words