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Monday
07
Sep 2026
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Strait of Hormuz: Iran and Oman negotiate a temporary shipping corridor

The first organized attempt to restore passage includes mine clearance — Only five vessels passed through on Tuesday, while Brent fell by more than 2%

A Qatari tanker carrying LNG was struck by a missile near Oman – Gas and oil prices rose slightly

The Al Rekayyat, a ship owned by Nakilat, Qatar's state-owned shipping company, was struck in the early hours of Tuesday morning

Oil prices plunge 10% for the week as Hormuz traffic resumes; Brent settles at $71.99

Higher tanker traffic through the Strait of Hormuz and easing supply concerns drove oil to its steepest weekly decline in months. Brent fell 4.34% on Friday, while WTI slipped below $70

UN Suspends ship evacuation plan through the Strait of Hormuz after attack near Oman

Hundreds of stranded vessels and thousands of seafarers remain trapped in the Persian Gulf after the UN halted its evacuation plan following an attack on a ship in the Gulf of Oman

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