Brent up 1.5% to $89 after US strikes Iranian rocket launchers on Larak Island
Energy

Brent up 1.5% to $89 after US strikes Iranian rocket launchers on Larak Island

US Central Command confirms strikes on two IRGC rocket launchers on Larak Island after forces were seen preparing rocket...

Aoife Keane 👁 15 💬 0
U.S. Strikes Iran's Minelaying Forces in Hormuz; Iran Reportedly Fires at Jordan Base
Defense

U.S. Strikes Iran's Minelaying Forces in Hormuz; Iran Reportedly Fires at Jordan Base

First confirmed U.S. strike on Iran in weeks hits IRGC rocket launchers near the Strait of Hormuz, prompting reported Ir...

Doron Avidan 👁 7 💬 0
Iran Conditions Hormuz Reopening on U.S. Compliance Amid Khamenei Unity Call
Energy

Iran Conditions Hormuz Reopening on U.S. Compliance Amid Khamenei Unity Call

As Iran's Supreme Leader calls for Muslim unity against the U.S. and Israel, Tehran says the Oman-brokered Strait of Hor...

Aoife Keane 👁 24 💬 0
Dax Consolidates After Record High as Rate Hopes and Iran Risk Set the Tone
Markets

Dax Consolidates After Record High as Rate Hopes and Iran Risk Set the Tone

German stocks held firm after a record-setting week, with defence names leading. Attention now turns to US inflation dat...

Yael Ben-David 👁 121 💬 0
Strait of Hormuz Traffic Hits Record Low as Attacks on Tankers Mount
Logistics

Strait of Hormuz Traffic Hits Record Low as Attacks on Tankers Mount

One vessel crossed the Strait of Hormuz on Aug. 16 — a record low — as attacks hit ADNOC-linked tankers and traffic thro...

Eoin McCarthy 👁 60 💬 0
Iran-US Framework Expires: No Ceasefire, No Hormuz Reopening, No Final Deal
Politics

Iran-US Framework Expires: No Ceasefire, No Hormuz Reopening, No Final Deal

The 60-day Iran-US framework has lapsed with no extension: ceasefire broken, Strait of Hormuz traffic near-halted, oil s...

Sinead Brennan 👁 59 💬 0
Hormuz Commodity Transits Collapse After Tanker Attacks as US-Iran Talks Stall
Logistics

Hormuz Commodity Transits Collapse After Tanker Attacks as US-Iran Talks Stall

Kpler data showed five commodity vessels transited the Strait of Hormuz on Saturday and none on Sunday, down from 31 the...

Eoin McCarthy 👁 52 💬 0
Hormuz Shipping Attacks Escalate as US Vows Unprecedented Pressure on Iran's Economy
Energy

Hormuz Shipping Attacks Escalate as US Vows Unprecedented Pressure on Iran's Economy

Attacks on ADNOC and bulk-carrier vessels in the Strait of Hormuz have driven Brent crude up nearly 6% this week as Wash...

Aoife Keane 👁 50 💬 0
Iran Offers $30,000 Bounty for Killing or Capturing US Troops
Defense

Iran Offers $30,000 Bounty for Killing or Capturing US Troops

Tehran's military says it will pay $30,000 for the death or capture of American troops — double for women — as disputes ...

Doron Avidan 👁 41 💬 0
Iran Says It Has Struck a Temporary Hormuz Shipping Deal With Oman as US Claims Sovereignty
Politics

Iran Says It Has Struck a Temporary Hormuz Shipping Deal With Oman as US Claims Sovereignty

Tehran says new temporary corridors will run partly through Iranian waters for two to four months, while Washington keep...

Sinead Brennan 👁 60 💬 0
Washington’s Hormuz Export Claims Clash With Tanker Tracking Data
Energy

Washington’s Hormuz Export Claims Clash With Tanker Tracking Data

Kpler and JPMorgan data challenge Energy Secretary Chris Wright's claim that Gulf oil exports have returned to pre-war l...

Aoife Keane 👁 76 💬 0
Wall Street Ends Lower as Weak Retail Sales and Chip Selloff Weigh
Markets

Wall Street Ends Lower as Weak Retail Sales and Chip Selloff Weigh

US stocks fell Friday as chip names slid, July retail sales unexpectedly dropped 0.6%, and Strait of Hormuz shipping dis...

Yael Ben-David 👁 57 💬 0
Trump Says He Will Declare Strait of Hormuz U.S. Territory; Iran Vows to Keep Blockade
Energy

Trump Says He Will Declare Strait of Hormuz U.S. Territory; Iran Vows to Keep Blockade

The president's remark at a New York rally drew a sharp Iranian rebuke as the strategic oil chokepoint stays shut and U....

Aoife Keane 👁 50 💬 0
Trump Says U.S. Will Claim Strait of Hormuz, Deepening Iran Standoff and Oil Supply Risk
Energy

Trump Says U.S. Will Claim Strait of Hormuz, Deepening Iran Standoff and Oil Supply Risk

Trump's pledge to declare the Strait of Hormuz U.S. territory has escalated an unresolved Iran conflict and put the key ...

Aoife Keane 👁 50 💬 0
Hormuz Strikes and Saudi Refinery Drones Put Oil Chokepoints Under Pressure
Energy

Hormuz Strikes and Saudi Refinery Drones Put Oil Chokepoints Under Pressure

Iran's attack on ADNOC-linked tankers and fresh Houthi drones on Saudi Aramco show the war is escalating across the Gulf...

Aoife Keane 👁 52 💬 0
Hormuz Risk Premium Returns as Weak Demand Caps Oil's Weekly Rebound
Markets

Hormuz Risk Premium Returns as Weak Demand Caps Oil's Weekly Rebound

WTI is up more than 5% this week after stalled U.S.-Iran talks restored the Strait of Hormuz risk premium, but a huge U....

Yael Ben-David 👁 70 💬 0
Trump Promises to Declare Strait of Hormuz US Territory 'Soon' After Defeating Iran
Politics

Trump Promises to Declare Strait of Hormuz US Territory 'Soon' After Defeating Iran

Donald Trump said Washington would soon declare the Strait of Hormuz US territory, escalating a war in which Iran alread...

Sinead Brennan 👁 48 💬 0
US Energy Secretary: Iran's Strategy Will Fail and Its Market Leverage Will Shrink
Energy

US Energy Secretary: Iran's Strategy Will Fail and Its Market Leverage Will Shrink

Chris Wright says Iran's disruption strategy is losing, points to 8–9 million barrels daily through Hormuz, and reiterat...

Aoife Keane 👁 42 💬 0
ADNOC's Post-OPEC Blitz: Spot Sales, New Buyers and a Risky Hormuz Shuttle Redraw Gulf Oil Marketing
Energy

ADNOC's Post-OPEC Blitz: Spot Sales, New Buyers and a Risky Hormuz Shuttle Redraw Gulf Oil Marketing

Abu Dhabi's state oil giant has started selling spot cargoes, courting trading houses and reworking contract terms after...

Aoife Keane 👁 44 💬 0
Hormuz Outbound Traffic Drops 30% as Shipowners Face Sanctions-Security Dilemma
Logistics

Hormuz Outbound Traffic Drops 30% as Shipowners Face Sanctions-Security Dilemma

Lloyd’s List data shows Hormuz transits down 18% week on week, while shipowners weigh US-Iran safe-passage payments agai...

Eoin McCarthy 👁 50 💬 0
Japan's Foreign Minister to Visit Saudi Arabia and Oman to Press for Shipping-Safety De-escalation
Politics

Japan's Foreign Minister to Visit Saudi Arabia and Oman to Press for Shipping-Safety De-escalation

Motegi will meet officials in Riyadh and Muscat from 17–22 August, focusing on Middle East de-escalation and safe passag...

Sinead Brennan 👁 41 💬 0
El Niño and Hormuz Closure Push Panama Canal Transit Fees to a Record
Logistics

El Niño and Hormuz Closure Push Panama Canal Transit Fees to a Record

Daily auctions for Panama Canal locks averaged US$1.1 million in August as drought and rerouted oil demand squeeze the w...

Eoin McCarthy 👁 43 💬 0
Iran’s Strait of Hormuz Leverage Is Draining Away
Energy

Iran’s Strait of Hormuz Leverage Is Draining Away

An Atlantic Council analysis argues Iran’s oil-chokepoint leverage is weakening as non-OPEC supply, bypass pipelines and...

Aoife Keane 👁 43 💬 0
German Inflation Hits 2.8% as Fuel Subsidy Ends and Energy Costs Jump
Economy

German Inflation Hits 2.8% as Fuel Subsidy Ends and Energy Costs Jump

Germany’s annual inflation hit 2.8% in July after the fuel tax rebate expired, with energy prices up 8.3% year on year a...

Niamh O'Sullivan 👁 45 💬 0
Strait of Hormuz stays tense as Trump claims US control while Iran sets reopening terms
Energy

Strait of Hormuz stays tense as Trump claims US control while Iran sets reopening terms

Commercial shipping through the Strait of Hormuz remains reduced amid Iranian harassment and mine risk, while Washington...

Aoife Keane 👁 41 💬 0
Brent Tops $90 as Reduced Hormuz Traffic and US-Iran War Drive Oil Higher
Energy

Brent Tops $90 as Reduced Hormuz Traffic and US-Iran War Drive Oil Higher

Brent crude has risen more than $5 a barrel this week to exceed $90 as shipping through the Strait of Hormuz remains red...

Aoife Keane 👁 51 💬 0
Oil Prices Edge Up as Strait of Hormuz Stalemate Chokes Global Supply
Energy

Oil Prices Edge Up as Strait of Hormuz Stalemate Chokes Global Supply

Brent crude rises to $89.08 and U.S. gasoline hits $4.04 a gallon as fighting in Iran effectively shuts the critical wat...

Aoife Keane 👁 53 💬 0
Panama Canal Auction Prices Hit $3.78 Million as El Niño and Iran War Converge
Logistics

Panama Canal Auction Prices Hit $3.78 Million as El Niño and Iran War Converge

Record transit fees and falling water levels squeeze global trade. A double blow from drought and the Strait of Hormuz d...

Eoin McCarthy 👁 35 💬 0
Oil Rally Gains Fresh Momentum as US-Iran Tensions Choke Key Shipping Lanes
Energy

Oil Rally Gains Fresh Momentum as US-Iran Tensions Choke Key Shipping Lanes

Brent and WTI crude extended Monday’s 5% rally after attacks near the Strait of Hormuz and Houthi-linked incidents in th...

Aoife Keane 👁 42 💬 0
Oil Jumps 5% as US and Iran Trade Demands That Block Strait of Hormuz Resolution
Energy

Oil Jumps 5% as US and Iran Trade Demands That Block Strait of Hormuz Resolution

Crude prices surged after Washington demanded reparations from Tehran while Iran insisted on all its conditions being me...

Aoife Keane 👁 42 💬 0