Tag: Iran

Dow Sheds 500 Points as Oil Nears $100 on Saudi Houthi Attacks

The Dow dropped about 500 points Wednesday as Houthi attacks on Saudi Arabia injured 73 and drove oil toward $100 a barrel.

Oil Rises as Qatar Warns of Industrial Catastrophe Over Hormuz Crisis

Oil prices climbed Tuesday as Qatar warned of an industrial catastrophe over the Hormuz crisis, with ship traffic at its lowest since May.

US Energy Secretary Wright Warns No Iran Nuclear Deal May Emerge

US Energy Secretary Chris Wright said on Sunday there may not be a nuclear agreement with Iran, as talks stall and military action continues.

Iran Says It Struck US Boat in Strait of Hormuz

Iran said Sunday it struck an unmanned US military boat in the Strait of Hormuz, the latest exchange after US strikes on Iranian tankers.

Xi Keeps Iran’s Pezeshkian at Arm’s Length Ahead of Trump Summit

Xi Jinping gave Iran's Pezeshkian only a brief audience at the SCO summit, avoiding closeness to Tehran ahead of high-stakes talks with Trump.

Trump Floats Renaming Strait of Hormuz ‘Trump Strait’ as Oil Record Hits 17 Million Barrels

President Trump suggested renaming the contested Strait of Hormuz the 'Trump Strait' as oil transit hit a wartime record of 17 million barrels on Monday.

Trump Warns US May Strike Iran’s Pickaxe Mountain Site Soon

President Trump said on Friday the US may attack Iran's Pickaxe Mountain facility 'very soon,' pushing crude oil prices higher amid renewed tension.

Iran Strikes US Bases in Kuwait as Trump Warns War Won’t Last Long

Kuwait's military intercepted Iranian missiles and drones Thursday as Tehran widened its retaliation against U.S. bases, with Trump warning strikes could r

Trump Vows to Hit Iran ‘Hard’ After Strikes on US Bases in Jordan

Trump pledged to respond forcefully after Iran struck two US bases in Jordan, as a tanker attack in the Strait of Hormuz raised escalation fears.

UAE Intercepts Iranian Drone, Denies Strike on Al Menhad Airbase

The UAE said it intercepted a drone from Iran and rejected reports of a strike on its Al Menhad airbase, as U.S.-Iran attacks lifted oil prices.

Oil Rises After U.S. Strikes Iranian Oil Targets at Kharg and Larak

Oil prices climbed after the U.S. carried out its first strikes in weeks on Iranian targets near the Kharg and Larak terminals close to the Strait of Hormu

US Stock Futures Fall as Iran Strikes and Fed Rate Bets Rattle Traders

US stock futures dropped Monday as strikes on Iran and rising Fed rate-hike bets rattled traders, with Trump vowing further action against Tehran.

US Strikes Iranian Launchers in Strait of Hormuz, Sending Brent Past $90

U.S. forces struck Iranian rocket launchers at Larak Island on Sunday, prompting Iranian retaliation and pushing Brent crude past $90 per barrel.

Iran’s IRGC Strikes US Bases in Jordan After Larak Island Bombing

Iran's IRGC attacked US bases in Jordan on Monday after US forces struck two rocket launchers on Larak Island, sending oil prices up over 1%.

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