The capture of Mocha strengthens Houthi positions near Bab el-Mandeb, raising risks for Red Sea shipping and global energy markets.
CENTCOM says it destroyed five Iranian oil tankers after missile attacks on a U.S. Navy ship, escalating pressure on Tehran’s oil network.
Russia's July oil and gas revenues may rise 60% year-on-year due to higher global prices, despite cumulative annual declines and ongoing EU sanctions targeting energy exports.
The US and Iran exchanged military strikes after a drone attack on a Singapore-flagged cargo ship in the Strait of Hormuz, raising tensions and impacting global energy markets.
Russia's maritime oil exports hit a peak weekly volume in June 2026 despite intensified competition from Iran after US sanctions relief, highlighting complex strategic challenges.
US forces launched targeted strikes on Iranian air defenses after Tehran downed an American Apache helicopter over the Strait of Hormuz, escalating regional tensions amid ongoing diplomatic talks.
The US military conducted defensive strikes on southern Iran targeting missile sites and mine-laying vessels amid a fragile ceasefire and ongoing peace negotiations.
US President Trump delays a planned May 19 attack on Iran following appeals from Gulf leaders, with complex negotiations ongoing over nuclear limits and regional security.
Oil prices surged after President Trump's threats to block Iran's oil exports via the Strait of Hormuz, raising geopolitical risks and affecting global energy markets.