Strait of Hormuz

Global oil markets are reeling as U.S. strikes on Iranian tankers spark fears of a wider regional conflict and severe shipping disruptions.

Brent crude surpassed $100 per barrel following renewed military clashes between the U.S. and Iran, severely disrupting global shipping in the Strait of Hormuz.

Oil prices surged past $100 a barrel for the first time since July 2026 amid escalating US-Iran maritime clashes and Houthi attacks on Saudi oil infrastructure.

The U.S. destroyed five Iranian oil tankers and imposed new sanctions on Iran's aviation sector following missile attacks on naval vessels.

Iran is set to establish a restricted maritime zone and a new international corridor managed with Oman to challenge the U.S. naval blockade.

President Trump asserts that the US Navy has removed or detonated all mines from the Strait of Hormuz. The claim comes amid conflicting reports and rising instability in the critical waterway.

The U.S. Treasury Department launched a sweeping expansion of secondary sanctions targeting nations and entities that maintain business ties with Iran.

During a campaign rally in South Carolina, U.S. President Donald Trump declared the Strait of Hormuz American territory, escalating tensions with Iran.

President Donald Trump has stated plans to declare the Strait of Hormuz a U.S. territory as the U.S. intensifies economic pressure on Iran.

Iran has rejected Donald Trump's assertion that new negotiations between the U.S. and Tehran would commence, even as the American leader called off planned military strikes.

Iran's ballistic missile attacks on U.S. forces triggered a joint U.S.-Saudi military retaliation against Iran-backed militias in Iraq, escalating the regional conflict.

The U.S. launched strikes against military and commercial sites in Iran following Houthi attacks on two Saudi oil tankers in the Red Sea. The escalation has pushed Brent crude oil prices above $100 per barrel for the first time since May.

President Trump has threatened to target Iranian bridges and power plants following attacks on vessels in the Strait of Hormuz. The conflict has caused crude oil prices to exceed $93 per barrel and resulted in significant casualties.

Military tensions have escalated as the US targets Iranian military infrastructure, prompting Tehran to strike tankers and U.S. bases in the region.

Following recent U.S. casualties, President Donald Trump has pledged retribution against Iran as regional tensions intensify and ceasefire efforts stall.

A U.S. service member was killed in northern Iraq on July 18 during a controlled detonation of an unexploded Iranian drone. The incident occurred amid ongoing U.S. airstrikes against Iranian targets following a strike in Jordan.

The military operation follows a deadly attack on a U.S. base in Jordan, signaling a major escalation in regional tensions over the Strait of Hormuz.

A deadly Iranian strike on a base in Jordan has left two U.S. troops dead and one missing, marking a significant escalation in the conflict over the Strait of Hormuz.

Iranian forces launched renewed attacks on Gulf states, targeting military and civilian infrastructure in response to a seventh night of U.S. strikes. The escalation follows the collapse of a ceasefire, leading to significant damage and fears of a broader regional conflict.

President Trump has ordered a naval blockade and proposed a 20% shipping toll in the Strait of Hormuz following three days of U.S. military strikes. The escalation follows the collapse of a June ceasefire and has resulted in a surge in global oil prices.