Tag: Strait of Hormuz

UAE Says Iranian Missile Struck ADNOC Vessel in Strait of Hormuz

The UAE has accused Iran of striking an ADNOC vessel with a missile in the Strait of Hormuz as US-Iran tensions over the vital waterway remain high.

Houthi Strike and Iran Warnings Rattle Markets, Clouding Hopes for Hormuz Shipping Deal

Global markets slipped as a Houthi strike and Iran warnings dampened hopes for a US-Iran-Oman deal to reopen shipping through the Strait of Hormuz.

Dow Hits Record as Bessent Signals Strait of Hormuz Deal Could Come This Week

U.S. stocks hit records and oil prices fell after Treasury Secretary Scott Bessent said a deal to reopen the Strait of Hormuz could come this week.

Iran and Oman Advance Deal to Reopen Strait of Hormuz as Mediators Report Progress

Iran and Oman report progress on a deal to reopen the Strait of Hormuz under US and Qatari mediation, sending oil prices lower as the waterway stays closed

US and Iran Offer Conflicting Accounts of Talks as Cargo Ship Struck in Strait of Hormuz

Washington and Tehran gave conflicting accounts of negotiations to end their war as a cargo ship reported being hit by a projectile in the Strait of Hormuz

Saudi Arabia Unveils 14-Nation Maritime Defence Alliance to Secure Trade Routes

Saudi Arabia has announced a 14-nation maritime defence alliance to secure vital trade and energy routes, sending oil prices down more than 1%.

Oil Giants Set to Report Bumper Profits as US-Iran Conflict Drives Up Fuel Prices

Exxon Mobil and Chevron are expected to report strong Q2 profits as the US-Iran conflict disrupted Strait of Hormuz shipments and drove fuel prices higher.

Two Tankers Struck in Separate Incidents Off Oman Near Strait of Hormuz

Two oil tankers were struck in separate incidents off Oman near the Strait of Hormuz on Saturday amid rising US-Iran tensions, with no casualties reported.

US Resumes Strikes on Iran After Attack on Jordan Base, Reigniting Open Conflict

The US launched fresh strikes on Iran after an attack on a base in Jordan, reigniting open conflict as mediators scramble to revive a ceasefire.

Iran Launches Surprise Missile Strike on US Forces, Shattering Fragile Pause in Middle East Conflict

Iran launched a surprise ballistic missile attack on US forces in the Middle East, breaking a fragile pause and rattling oil and equity markets.

Oil Prices Ease as US and Iran Pause Attacks, Easing Pressure on Fuel Markets

Brent crude fell 4.9% to $92.02 after the US and Iran refrained from Persian Gulf strikes for a second day, easing pressure on global fuel markets.

Pentagon Reorganizes Iran War Casualty Count, Shifting Four Recent Troop Deaths to New Category

The Pentagon moved four recently killed troops into a new casualty category, raising questions about how the US-Iran conflict's toll is tracked.

US Halts Iran Strikes for Second Night as Officials Cite Depleted Munitions

The US has halted its Iran bombing campaign for a second night as military officials cite diminishing effectiveness and depleted munitions stockpiles.

Iran Reports First Pause in US Strikes in Two Weeks Amid Ongoing Talks

Iran reports no new US strikes for the first time in two weeks as both sides confirm ongoing talks, while the Pentagon faces casualty cover-up accusations.

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