Israel–Iran Conflict

UK natural gas prices hit a 2023 high due to US-Iran attacks and supply fears regarding the Strait of Hormuz.

Saudi Arabia's crude oil exports dropped to a nine-year low due to increased Middle East tensions and tanker attacks.

Iran has expanded its blacklist of vessels, threatening fines or detention for non-compliant ships in the Strait of Hormuz

Saudi Arabia claims an Iranian attack on a Bahri oil tanker in the Strait of Hormuz killed two Filipino sailors.

A tanker attack near the Strait of Hormuz injured two crew members as Iran expanded its non-compliant vessel blacklist.

US Treasury Secretary Scott Bessent predicts the Strait of Hormuz will lose its economic importance within two years.

Middle East tensions, including strikes and tanker attacks, have pushed Brent crude prices above $95/bbl and gasoil cracks to record highs

Three LNG cargoes from Qatar and UAE were transferred ship-to-ship outside the Strait of Hormuz for delivery to Asia

CSP Abu Dhabi Terminal's container volumes plunged 44% due to persistent shipping disruptions in the Strait of Hormuz.

A Sinokor Maritime VLCC was abandoned and is listing in the Strait of Hormuz after rocket strikes, with crew evacuated.

Geopolitical tensions and tight fuel supplies are expected to keep global bunker prices volatile through September

Korean shipyards see a surge in Suezmax tanker inquiries as U.S.-Iran tensions reroute Saudi crude from Hormuz.

QatarEnergy has extended force majeure on LNG deliveries to Europe and Asia into November due to Strait of Hormuz disruption.

European natural gas prices surged to their highest since March due to Persian Gulf tensions and British wholesale contract increases

A U.S. naval blockade has prevented Iran from exporting crude oil via the Strait of Hormuz for seven weeks, impacting its revenue.

New US airstrikes on Iranian targets have heightened tensions in the Strait of Hormuz following recent tanker attacks.

Mine clearance in the Strait of Hormuz is not enough to restore normal commercial shipping, INTERTANKO warns

Two supertankers carrying Saudi oil were attacked by unknown projectiles in the Strait of Hormuz, raising security concerns

Disruptions in the Strait of Hormuz are causing tanker freight rates to surge and tightening refined product markets.

Middle Eastern refinery output remains significantly below pre-war levels due to damage and export constraints via the Strait of Hormuz.

European stocks were flat due to a bond market sell-off and rising Middle East hostilities, dampening risk appetite

Oil producers in the Americas have gained market share and financial benefits from the Iran war's impact on Middle Eastern exports

A tanker was struck three times in the Strait of Hormuz, highlighting persistent maritime security risks in the region.

A tanker incident involving military forces has been reported off Oman, raising concerns about maritime security.

Crop commodity prices recorded their largest monthly increase since 2012, fueled by rising energy and transport costs.

Oil prices rose above US$90 per barrel after US military strikes on Iranian launchers in the Persian Gulf.

Europe is drawing in additional LNG volumes due to low storage and the closure of the Strait of Hormuz, driving up gas prices

Iraq will not approve new projects or investments until the Strait of Hormuz crisis ends and full oil exports resume.

European stocks fell as Middle East military escalation drove crude oil prices above $90 a barrel, influencing market sentiment.

US forces reportedly attacked two Iranian mine launchers on Larak Island, prompting alleged Iranian retaliation against US forces in Jordan