Browsing Tag
Strait of Hormuz
276 posts
Saudi East-West pipeline outage could remove 4% of global oil supply as export stocks run down
Saudi Arabia’s damaged East-West oil pipeline has become a critical global supply risk after the kingdom relied on the route to bypass the war-disrupted Strait of Hormuz.
U.S.–Iran tanker war explodes across Gulf as one sailor dies and oil tops $100
Iran says it attacked two U.S. vessels and eight oil tankers after American forces destroyed five Iranian tankers, marking the largest declared shipping exchange of the war and pushing Brent crude beyond $100.
Iran plans new Strait of Hormuz restricted zone as US tensions threaten global oil flows
Iran plans new restrictions around the Strait of Hormuz as tanker traffic falls and oil prices rise. Find out why global markets are worried.
U.S.–Iran sea war escalates near Kharg Island as six vessels come under attack
U.S. forces have struck three Iranian oil carriers after Iran fired ballistic missiles at two U.S. Navy ships, while Tehran says it attacked multiple tankers and U.S.-linked vessels around the Strait of Hormuz.
Iran war escalates sharply as U.S. hits air defences, radar and maritime targets
The United States has launched a broad wave of strikes against Iranian air defences, radar systems, maritime assets and mine-laying capabilities, prompting missile and drone attacks by Tehran across Jordan, Bahrain and Iraq.
Renewed US-Iran attacks push Brent crude above $90 and threaten fragile Gulf shipping recovery
US and Iran resume direct strikes near Hormuz as Tehran retaliates in Jordan, the UAE intercepts a drone and Brent crude climbs above $90.
First U.S. strike on Iran since July sends Brent crude back above $90
U.S. forces have struck two Iranian launchers on Larak Island after Washington said Revolutionary Guard personnel were preparing to deploy sea mines into the Strait of Hormuz, prompting an Iranian missile response and pushing Brent crude above $90.
Iran-Oman Hormuz deal moves closer as tanker attack tests fragile push to reopen vital oil route
Iran and Oman advance a Hormuz shipping corridor and mine-clearing plan as Qatar mediates and a new tanker attack highlights continuing risks.
US launches economic offensive against Iran as Tehran’s rial crashes to record low
US expands Iran sanctions across five sectors as Tehran’s rial hits a record low and Washington threatens foreign trade partners with penalties.
Trump administration readies Iran financial offensive as Hormuz tensions escalate
US Treasury Secretary Scott Bessent is due to unveil another major sanctions package against Iran on August 24 as Tehran threatens broader disruption to Gulf oil exports.