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Oct 2026
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> Strait of Hormuz

> Strait of Hormuz

Oil plunges more than 8% after pause in US strikes on Iran – Brent falls below $90

Oil prices dropped to their lowest levels in more than a week after the suspension of US attacks on Iran rekindled hopes for a de-escalation of the crisis

War sends oil prices soaring: US maintains sustained strikes on Iran

Threats by the U.S. president against Tehran of a new attack - larger than the initial one - pushed crude oil prices above $100 per barrel

Trump warns he’s considering a “massive attack” on Iran, bigger than any before

Iran wants to negotiate but is not yet ready to reach a deal, as regional tensions further push oil prices past 100 dollars a barrel and Washington weighs strikes bigger than Operation Epic Fury

Targets expanded during the 11th wave of bombing in Iran: “The nuclear stronghold is next,” Trump says

Today's sortie by US fighter aircraft was shorter in duration but covered a wider geographic area. Oil prices continue to rise, with Brent now reaching $92 per barrel, and there are no visible signs of de-escalation

Houthis open a second war front: Threat of a Saudi Arabia blockade brings new risk to oil

Yemen's Houthi movement has declared a naval blockade of Saudi ports, warning tankers to stay away as Riyadh weighs how to respond to a group it fought to a costly stalemate over nearly a decade

Crisis escalates in the Strait of Hormuz: “We hit two more tankers,” say the Revolutionary Guards

Reports indicate that one of the two vessels was Greek – The US carried out another series of strikes on Iranian targets – Brent crude prices eased slightly but remained close to $90 per barrel

Oil prices retreat, falling below $88 a barrel

According to Reuters, although oil prices initially surged to their highest levels in the past month, they later reversed course as traders took profits while assessing the latest developments in the Middle East

Hormuz on “Red Alert”: Ship in flames after Iranian attacks, new US bombardment

“We hit them very hard again tonight,” Trump told reporters, stressing that the new strikes were carried out to “honor” American soldiers killed in the Middle East - Tehran strikes U.S. facilities in Kuwait, Bahrain, and Syria

Very few ships are now passing through the Strait of Hormuz

Only eight vessels transited the strategic waterway on Thursday—half the number recorded on Wednesday

WSJ: Trump considers expanding strikes on Iran – Risks of operations targeting Pickaxe mountain & Kharg island

Potential seizure of Kharg Island and strike on the Pickaxe nuclear stronghold discussed during Tuesday night Situation Room meeting – Diplomatic de-escalation remains on Trump’s mind

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