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Keywords: Gulf tensions
Oil prices extended their gains for a fourth consecutive session on Wednesday as escalating geopolitical tensions in the Gulf raised concerns about further disruptions to regional energy supplies. At around 09:42 Moscow time, October futures for US West Texas Intermediate crude were up 1.37% at $94.30......
Iran’s Islamic Revolutionary Guard Corps (IRGC) said its naval forces had targeted 20 vessels in and around the Strait of Hormuz, including two US ships, eight oil tankers and 10 other vessels accused of attempting to enter what Tehran described as a restricted and unsafe zone. In a statement,......
Tensions have reached a new high in the Gulf. Iran announced Saturday evening that it had targeted several vessels linked to the United States, just hours after the American military claimed to have destroyed three Iranian tankers said to belong to a network aimed at financing the Revolutionary Guards. This......
Iran has stepped up pressure on two Gulf states over the fate of Iranian personnel whose status remains disputed, raising fresh questions about military incidents and detentions involving Tehran, Doha and Kuwait. An Iranian military official on Sunday called on Qatar to grant access to an Iranian investigative......
Pakistan has expressed optimism that the recent agreement concerning the Strait of Hormuz could create momentum for renewed diplomatic engagement between Iran and the United States, as Islamabad intensifies its regional consultations amid ongoing tensions in the Gulf. Prime Minister Shehbaz Sharif and......
Oil prices climbed to their highest level in more than six weeks as escalating tensions in the Gulf and the Red Sea raised concerns about potential disruptions to global energy supplies. By 9:35 a.m. Moscow time, September West Texas Intermediate (WTI) crude futures had risen 1.44% to $88.08 a barrel.......
Iran has carried out missile and drone strikes targeting Kuwait and Bahrain following recent US air operations on its territory, marking a sharp escalation in tensions across the Gulf region and raising concerns over the stability of ongoing diplomatic efforts to end the wider conflict. The developments......
European equity markets fell on Monday as rising geopolitical tensions in the Gulf and renewed inflation concerns weighed on investor sentiment, with energy prices remaining elevated due to the ongoing conflict between the United States and Iran. The downturn extended a broader global risk-off move,......
The United States and China have reached a rare point of diplomatic alignment by opposing Iran’s proposed transit charges for ships crossing the Strait of Hormuz. The position was confirmed by the US State Department ahead of a summit between President Donald Trump and Chinese President Xi Jinping,......