United States forces struck an oil tanker near Iran's Kharg Island terminal. Iran responded by launching missiles at United States military bases in Kuwait and Jordan. This military escalation has further weakened a fragile memorandum of understanding between the two nations. Commercial shipping through the Strait of Hormuz has slowed significantly amid ongoing threats. Energy markets remain on edge as supply disruption concerns persist.

Iran expands attacks on US bases, disrupting oil flow. WTI reaching $110 in July 2026 at 1.8% YES.

Iran secretly moved oil tankers through the Strait of Hormuz before US threats. US strikes followed an Iranian attack on a Cyprus-flagged container ship. Iran retaliated against…

Iran fired ballistic missiles at a US air base in Jordan on Tuesday and the United States attacked Iranian targets for five hours in a battle for control of the Strait of Hormuz…

Commercial shipping has come under attack in the Strait of Hormuz as the US and Iran exchange military action, raising fears the conflict could draw more Gulf states into the…

US-Iran conflict escalates after a tanker attack in the Strait of Hormuz. Traffic normalization by August 31 at 12.5% YES.

US-Iran war news: The United States initiated fresh military strikes against Iran on Tuesday. These strikes target capabilities allegedly used to attack commercial shipping.…

US-Iran conflict escalates, disrupting Strait of Hormuz shipping. Traffic normalizing by August 31 at 11.5% YES.

By Enas Alashray and Tala RamadanCAIRO/DUBAI, July 15 (Reuters) - The U.S. conducted a new wave of strikes against Iran's coastal defence systems and missile sites on Wednesday…

US disables unladen oil tanker using Hellfire missiles in strait of Hormuz amid concerns strikes could spiral into open conflict

United States forces intensified strikes targeting Iran early Thursday. Iran retaliated with missile and drone fire targeting Bahrain, Jordan, and Kuwait. The United States also…

Oil prices have risen in response to the crisis as the vital shipping route becomes a battleground once again

United States forces struck an oil tanker near Iran's Kharg Island terminal. Iran responded by launching missiles at United States military bases in Kuwait and Jordan. This…