Iran’s Islamic Revolutionary Guard Corps (IRGC) claims to have captured an unmanned US submarine near the Strait of Hormuz
Iran’s Islamic Revolutionary Guard Corps (IRGC) claimed to have captured an unmanned U.S.
Strait of Hormuz
Brent Crude Oil Prices Surge Above $100 Barrel Amid Middle East Conflict
Brent crude oil futures surpassed $100 a barrel for the first time in six weeks on Wednesday, driven by escalating tensions in the Middle East and renewed fears of disrupted oil…
US Strikes Iranian Oil Tankers Near Kharg Island, Sending Oil Prices Up
The United States military carried out strikes on multiple Iranian oil tankers near Kharg Island and the port city of Jask on Tuesday.
Oil Nears $100 as Strait of Hormuz Conflict Chokes Global Energy Exports
Brent crude hit a seven-week high of $99 per barrel on Tuesday as a lethal stalemate in the Strait of Hormuz entered its sixth month.
Oil Prices Near $100 as Middle East Tensions and Refinery Strikes Escalate
The price surge followed mutual threats of economic warfare, a missile attack on U.S. warships, and strikes on refinery infrastructure.
Iran Claims Hormuz Deal With Oman While Muscat Rejects Service Fees
Iran announced an imminent shipping agreement with Oman to manage the Strait of Hormuz, even as regional officials confirmed that Muscat had quietly rejected Tehran’s pitch for…
UAE Pledges to Protect Energy Exports from Iran Conflict
The UAE has pledged to avoid having its energy exports “held hostage” by the Iran conflict, expanding alternative trade routes and infrastructure to ensure stability amid…
Iran Plans New Restricted Zone in Gulf Amid Tensions with US
Iran announced plans to establish a new restricted zone in the Gulf and a managed international shipping corridor through the Strait of Hormuz, escalating tensions with the U.S.
Iran War Causes Record US Gas Prices
The surge, fueled by the Iran War and refinery constraints, left drivers like Nicole Collins in Delaware grappling with costs that exceeded $4.199 per gallon at some stations.
US Denies Iran Hit Unmanned Ship
The U.S. denied Iran’s claim of attacking an unmanned vessel in the Strait of Hormuz, while Israel’s strikes in Lebanon killed at least seven people, according to multiple reports.
OPEC+ keeps oil output policy unchanged for October
OPEC+ maintained its oil output policy unchanged for October at a Sunday meeting, pausing supply hikes as seven core members focus on setting 2027 quotas.