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27
Sep 2026
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> Strait of Hormuz

> Strait of Hormuz

Europe left with under 30 days of jet fuel reserves as Hormuz tensions resurface

Analysts expect fuel tightness to persist through August as renewed strikes near the Strait of Hormuz threaten a fragile Iran ceasefire, leaving Britain, France and Germany most exposed to further disruption

Oil prices soar as US bombs Strait of Hormuz sites and Iran strikes US bases and ships

Ongoing US strikes against Bandar Abbas, Sirik, Jask and Bushehr, triggering Iranian missile attacks on US bases in Bahrain and Jordan and a fatal strike in Khuzestan

US and Iran trade fresh strikes across the Gulf as attacks widen

The US military launched a wave of strikes over the past hour against Iranian missile and air defence systems, as well as small boats, at various points around the Strait of Hormuz

Trump insists Strait of Hormuz remains open to commercial shipping as strikes continue

US President Donald Trump told NBC's Meet the Press that Iran had agreed a "perfect deal" before launching a drone attack on a ship within the hour, branding Tehran's leadership "sick" amid escalating Gulf hostilities

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