Asian Stocks Slide as Oil Surges Past $100 Amid Red Sea Attacks
Asian stock markets declined on Friday, July 24, 2026, as Brent crude oil prices surged past $100 per barrel. The spike follows attacks by Iran-backed Houthi … Read more
Strait of Hormuz
Iran Condemns Trump’s Plan to Use Frozen Assets for Shipping Damages
United States President Donald Trump has pledged to use frozen Iranian assets to pay for any damage caused to ships and cargo in the Strait of … Read more
US and Iran Cease-Fire Collapses as Airstrikes Hit Both Nations
Following renewed military exchanges and the effective collapse of a fragile interim agreement, the United States launched airstrikes hitting Iranian targets while Tehran retaliated with missile … Read more
UK Ready to Defend Nation After Iran Labels Military Bases Legitimate Targets
The British government announced that its armed forces are ready to defend the country 24/7 following statements from Iran declaring UK military bases used by the … Read more
US Strikes Iran After Houthi Forces Attack Saudi Ships in Red Sea
Yemeni Houthi forces attacked two Saudi Arabian ships in the Red Sea, prompting the United States military to launch a fresh wave of airstrikes against Iranian … Read more
Houthi Rebels Attack Saudi Tankers as US Strikes Iranian Targets
Yemeni Houthi rebels targeted two oil tankers in the Red Sea on Monday, July 23, 2026, prompting a maritime embargo against Saudi Arabia. The attacks unfolded … Read more
US-Iran Conflict Escalates with Oil Prices Soaring
US-Iran tensions escalated as Iran launched missile and drone attacks on Bahrain and Kuwait, triggering a surge in oil prices above $90 a barrel and raising … Read more
Trump Threatens Iranian Infrastructure as US Strikes Hit 12th Night
The U.S. military launched its 12th night of strikes against Iran on Wednesday, as President Donald Trump threatened to destroy a bridge or power plant for … Read more
Houthis Launch Strikes on Saudi Oil Tankers in Red Sea
Yemen’s Houthi rebels claimed missile and drone strikes on two Saudi oil tankers in the Red Sea on July 23, 2026, as the US intensified attacks … Read more
US Military Strikes Iran as Trump Targets Infrastructure in Escalation
The U.S. military announced Wednesday that it was conducting a 12th night of strikes against Iran, as President Donald Trump threatened to destroy one Iranian bridge … Read more
US Strikes Iran as Tehran Targets Gulf Nations Amid Escalating Conflict
The United States conducted new airstrikes against Iran early Thursday, escalating tensions following President Donald Trump’s declaration that an interim ceasefire is “over.” Tehran responded by … Read more
Marco Rubio Warns Iran’s Strait of Hormuz Toll Demands Threaten Global Trade
U.S. Secretary of State Marco Rubio warned Wednesday that Iran’s demand to control and collect tolls in the Strait of Hormuz creates a dangerous precedent for … Read more