Trump publicly endorses Netanyahu nine days before Israel’s election
Axios reports it as the first explicit public endorsement by a US president of a candidate in an Israeli election.
Adversary’s Veto
Tehran says its offer to reopen Hormuz in seven days is still on the table
Iran’s foreign minister wants conditions met and guarantees against new attacks; the US war secretary answers with an ultimatum.
A second tanker is mined in Hormuz, and Central Command says almost all shipping still clears the strait
Iran’s Revolutionary Guards reported a second supertanker ablaze on Saturday, while the US military published transit figures that contradict Tehran’s closure claim.
Central Command says its blockade has cost Iran $25 billion in oil sales and left the Guards unable to pay troops
Admiral Brad Cooper said Iran-aligned militias are now sending money back to the Revolutionary Guards instead of receiving it.
A supertanker burns in the Strait of Hormuz after hitting a mine, and Iran’s Guards call the waterway closed
Iran’s Revolutionary Guard Corps says a tanker carrying more than two million barrels exploded on a naval mine and declared the strait shut; US Central Command says it is open.
Iran is giving the Houthis targeting data for strikes on Saudi Arabia, the Wall Street Journal reports
The Journal reports that Tehran is supplying the intelligence behind Houthi attacks on the kingdom, while Iran’s foreign ministry denies any role.
US crude tops $100 a barrel as Hormuz attacks mount
American crude broke above $100 on Friday and reached levels not seen in a month, while US Central Command said it has blocked $25 billion of Iranian oil exports.
Reported ship attacks near Hormuz reach a record high as oil exports slow
BBC Verify counted 12 vessels struck in a single week in data from a UK maritime agency, and US crude traded near $98 as traders weighed further supply disruption.
Two Emirati cargo ships sink within a day as US forces dispute Tehran’s claim on the strait
Attacks in and around the Strait of Hormuz reached their highest level since the war began, while US Central Command rejected Iran’s assertion that it controls the waterway.
A Houthi missile hits a building at Saudi Aramco’s headquarters
Oil rose as a reported strike on the state oil company’s headquarters added to the risk premium already built on Gulf shipping.
A Singapore-registered container ship sinks after a strike in the Strait of Hormuz
The vessel is the first reported total loss in the waterway, and accounts differ on whether it hit a mine or was struck by a projectile.
OPEC trims its demand outlook and Japan moves to subsidise oil importers
The cartel cut its demand growth forecast again while Tokyo backed help for refiners paying to route crude around the Gulf.
Attacks on Hormuz shipping reach a wartime high as Europe faces winter with low gas reserves
Six vessels were hit in a single day, and both Fitch and the IMF now assume the strait stays shut into next year.
Britain blames Iran’s Revolutionary Guard for a plot at a US bomber base and sanctions two Iranians
The UK’s first formal attribution of the RAF Fairford incident came with a joint statement and a summons for Tehran’s ambassador.
Energy chiefs skip Riyadh conferences after a second deadly airport attack
A second strike on Riyadh’s airport killed one more person and took the death toll to 13, the United States told its airlines to use caution in Saudi airspace, and energy executives including BlackRock’s Larry Fink dropped out of conferences in the kingdom.
Iran calls the US answer on reopening Hormuz insufficient as another tanker is struck
Tehran’s security chief says seven conditions remain unmet and that no negotiations will take place, while a tanker was hit by a projectile in the strait on 11 October.
Houthi missile strike on Riyadh airport kills 12 and wounds more than 300
Saudi authorities put the toll from the missile attack on Riyadh’s airport at 12 dead and more than 300 wounded, and Washington is weighing strikes on the Houthis in response.
US forces disable a cargo ship running the Iran blockade in the Gulf of Oman
Central Command says it disabled a vessel that ignored warnings to stay out of the blockade, and Tehran has promised a response.
Iran says a supertanker hit a mine in Hormuz as the cost of crossing the strait sets records
The Revolutionary Guards say a crude supertanker exploded after striking a naval mine, while US Central Command says it has redirected 133 commercial vessels and freight rates hit a record.
Revolutionary Guard sets an LPG carrier ablaze and extends its threat beyond Hormuz
Iran’s IRGC navy claimed a series of tanker attacks and said vessels off its designated routes would be pursued anywhere in the region.
Treasury sanctions dozens of firms and tankers in Iran’s shadow oil fleet
The latest designations under Operation Economic Outcast target companies, individuals and vessels moving Iranian crude, and expose foreign banks that handle the transactions to secondary sanctions.
Oil surges as Houthi missiles hit Riyadh for a second day
Crude prices raced higher after explosions in the Saudi capital, airlines suspended flights, and the cost of hiring a very large crude carrier topped $77 million.
Trump says the US will not attack Iran before the midterm vote
The president ruled out strikes ahead of the November 3 elections while pledging to keep the maritime blockade in place.
Iraq devalues the dinar as Hormuz losses drain its oil revenue
Baghdad cut the currency after disruption at the strait hit the government’s main source of income.
Pentagon tells Central Command to finish preparations for renewed strikes on Iran
The order carries no date, and Trump says a deal with Tehran is not something he wants to do.
Rubio says Iran has lost control of Hormuz while the IRGC vows to block ‘illegal routes’
Washington and Tehran issued directly opposing accounts of who controls the strait on the same day.
Iran steps up tanker attacks in Hormuz as Brent holds above $100
The cost of moving Gulf crude is climbing faster than the barrel price as attacks on shipping increase.
Saudi-backed Yemeni forces claim Bab el-Mandeb as Houthis strike airports
Control of the Red Sea’s southern gate is contested while missiles reach Aden and the area north of Riyadh.
Four tankers hit in the Strait of Hormuz as captains draw $100,000 a month
Attacks on shipping in and around the strait injured crew on at least one tanker and left Gulf crude and condensate exports well below normal.
Hormuz tanker attacks mount even as Gulf crude exports recover
Shipping incidents in the Strait of Hormuz are accelerating while oil flows rebound, pulling freight risk and crude prices in opposite directions.
Iran keeps Hormuz shut as the rial sets a record low and oil revenue dries up
Tehran says the strait stays closed until its seven conditions are met, while Washington widens sanctions on Iranian airlines and the banks that serve them.
Saudi-backed Yemeni forces take back the Bab el-Mandeb strait
Yemen’s government says it has recovered the Red Sea chokepoint less than a month after losing it, with about 100 coalition jets flying cover.
Gulf crude exports top pre-war levels while tanker attacks multiply
Flows through the Strait of Hormuz have recovered but the shipping risk has not, and Brent still trades above $100 a barrel.
Trump’s security cabinet met in secret at Camp David on Iran and Yemen
Vice President Vance chaired an unannounced session on the Iran war and the Saudi-Houthi conflict, three US officials told Axios.
Yemen’s government opens an offensive to retake the Bab el-Mandeb strait
Saudi-backed government forces moved against the Houthis on Sunday as the group claimed missile strikes on Aramco sites inside Saudi Arabia.
Iran keeps the Strait of Hormuz shut as more tankers are hit
Tehran says the waterway stays closed until the United States meets seven conditions, while attacks on shipping continue.
Saudi Arabia prepares an offensive to retake the Bab el-Mandeb strait
Riyadh and Yemeni government forces are planning a counteroffensive against the Houthis, and Washington has declined to join it for now.
US sends more Patriot batteries and a third carrier as it weighs new Iran strikes
Two additional Patriot batteries now guard an oil facility in Saudi Arabia and a gas site in Qatar as Washington builds up force in the Gulf.
Six vessels struck in the Strait of Hormuz in a week
A British maritime agency reported two more tankers hit by unidentified projectiles, with crude close to $100.
Tankers struck in the Strait of Hormuz as Iran’s crude loadings fall to zero
Attacks on shipping are continuing even as Gulf oil flows and LNG traffic recover toward prewar levels.
US Adds a Third Carrier and More Patriot Batteries Around Gulf Energy Sites
Washington sent two additional Patriot batteries to protect Saudi and Qatari oil and gas facilities as Trump said he is weighing renewed strikes on Iran.
Crude exports through Hormuz return to pre-war levels and Brent slides
Producers and shipping have restored Gulf flows, pulling Brent back toward $96 while Tehran ties a formal reopening to US guarantees.
Three oil tankers struck in the Strait of Hormuz as CENTCOM diverts 125 vessels
Shipping intelligence reported three Liberian-flagged tankers hit by unknown projectiles while transiting the strait, even as crude flows through the chokepoint returned to near prewar levels.
Hormuz crude flows back near prewar levels, but fuel prices stay high
Crude shipments through the strait have largely recovered while refined-fuel movements have not, and Qatari mediation has produced little.
Middle East oil exports climb to their highest level since the war with Iran began
Gulf producers are pushing crude through and around the Strait of Hormuz at close to prewar volumes, easing the supply premium in the oil price.
Trump rejects Iran’s Hormuz offer as a tanker burns in the strait
Brent crude rose above $106 after Washington turned down Tehran’s conditional plan to reopen the Strait of Hormuz, and a very large crude carrier was struck.
IRGC claims control of the Strait of Hormuz and CENTCOM rejects it
Iran’s Revolutionary Guard says it commands the strait; US Central Command says Iran no longer has a navy.
Trump rejects Iran’s Hormuz plan and oil prices climb
Washington turned down Tehran’s truce proposal for reopening the strait, leaving the chokepoint contested and crude higher.
Trump rejects Iran’s seven-day Hormuz offer as both sides point to fresh talks
Washington turned down Tehran’s proposal to reopen the Strait of Hormuz in exchange for lifting the naval blockade, and Iran says it has still not received a formal answer.
Trump rejects Iran’s seven-day proposal to reopen the Strait of Hormuz
Tehran offered to reopen the strait and resume nuclear talks within a week in return for sanctions steps; Washington refused, and Iran says it will await a formal reply.
Saudi Arabia presses for free navigation as the Houthis take ground at Bab el-Mandeb
Riyadh told the United Nations that the Strait of Hormuz must return to its pre-war status without tolls, while Yemen’s government lost control of the Red Sea chokepoint.
Trump rejects Iran’s seven-day offer to reopen the Strait of Hormuz
The president said he turned down a proposal that would have opened the waterway within a week in exchange for lifting the US naval blockade.
Iran offers to reopen the Strait of Hormuz in seven days and Trump reportedly refuses
Tehran says the choice now rests with Washington, while one report describes officials discussing a phased deal instead.
Iran threatens regional airports as US aviation sanctions ground its carriers
Iraq has halted Iranian flights at all four of its airports, and an adviser to Iran’s supreme leader has warned that neighbouring countries’ aviation could be disrupted in response.
Iran puts a seven-day Hormuz reopening on the table and oil falls
Tehran has given Washington a plan to reopen the Strait of Hormuz within a week of its conditions being accepted, and negotiators are exploring a phased deal.
Iran threatens to widen the war to the Indian Ocean as crude climbs above $106
An adviser to Iran’s supreme leader said Tehran could open a new front if the United States or Israel strikes again, and oil rose as hopes of a Strait of Hormuz deal faded.
Seafarer Killed in Hormuz Ship Attack as Iran Floats Reopening Terms
A bulk carrier was struck near the Strait of Hormuz on Wednesday, killing one crew member, while traffic through the waterway stayed close to nothing.
Iran Offers to Reopen the Strait of Hormuz Within Seven Days as US Talks Resume
Tehran has floated conditions for restoring traffic through the chokepoint, and oil fell as American and Iranian officials completed a round of indirect talks at the United Nations.
Iran Offers to Reopen Hormuz in Seven Days if the US Lifts Its Blockade
Tehran has submitted conditions for reopening the strait as commodity traffic through it fell to two vessels in a day.
Iran offers to reopen Hormuz in seven days as oil slips below $100
Tehran has put the world’s most important oil chokepoint on the table in exchange for an easing of US military pressure.
Oil Drops Below $100 as Hormuz Flows Recover
Increased Saudi shipments through the strait and the prospect of US-Iran talks pushed crude to its longest run of declines since June.
US Treasury Says Iranian Airlines Will Be Shut Down Worldwide From Wednesday
Secondary sanctions on aviation services take effect on 23 September, aimed at foreign airports, fuel suppliers and banks rather than at Iranian aircraft themselves.
Hormuz transits fall again as a tanker is struck and Washington reports record flows
Two agencies counted weekend traffic through the strait differently, and both counts point down while US Central Command describes the opposite trend.
Iran sets seven conditions for talks and keeps the Strait of Hormuz closed
Tehran has published terms for resuming negotiations with Washington and says the strait stays shut until commitments made in June are honoured.
Iran keeps Hormuz shut while US Central Command says a billion barrels got through
Tehran says the strait stays closed until its conditions are met; CENTCOM says American forces escorted more than a billion barrels of crude in two months.
CENTCOM says a billion barrels cleared Hormuz while Iran exported none
US Central Command says traffic through the strait is at a six-month high under a naval blockade that has cut Iran’s own crude exports to zero.
Saudi Arabia sounds air-raid alerts over Riyadh as Houthis press toward Bab el-Mandeb
The kingdom issued its first air raid alerts for the capital since the Houthis escalated, while fighting continued around the Red Sea strait.
Hormuz closure becomes the worst trade disruption in eight decades
The WTO’s chief says global trade faces its worst disruption in 80 years as container rates and diesel prices set records.
A second tanker is struck in Hormuz as the US blockade turns back more than a hundred ships
Two vessels were attacked in the strait on Friday while Central Command said it had redirected 105 commercial ships since the naval blockade began.
Houthis take the Bab el-Mandeb coast and Italy sends warships to escort its vessels
Rome is deploying its navy to the southern Red Sea chokepoint after Houthi forces seized most of Yemen’s Red Sea coastline in a matter of days.
Iran’s Revolutionary Guards strike a Togo-flagged tanker in the Strait of Hormuz
The IRGC Navy says it hit the tanker Trend for attempting an illegal passage, in a strait where crossings are already down to single digits.
Oil retreats on a Saudi workaround while Iran keeps Hormuz shut
Crude fell for a second day on rerouted Saudi exports and a repair estimate, not on any change to the blockade itself.
Hormuz traffic falls to three ships as diesel hits records and Saudi repairs begin
Vessel transits through the world’s most important oil chokepoint have collapsed even as CENTCOM insists the strait remains open.
Houthi gains at Bab el-Mandeb and a Saudi pipeline shutdown put two chokepoints in play
The UN Security Council met in emergency session as Yemen’s Red Sea coastline changed hands and Saudi Arabia closed its East-West pipeline.
Houthi Advance on Bab el-Mandeb Draws a Catastrophic Warning From Qatar
With Hormuz already closed, Qatar says losing the Red Sea chokepoint as well would be catastrophic for the entire world.
US Energy Secretary Says Saudi East-West Pipeline Restarts Within Days
Chris Wright told CNBC that the outage on the line bypassing the Strait of Hormuz will be measured in days rather than weeks.
Brent Nears $108 After Houthi Strikes Shut Saudi Arabia’s East-West Pipeline
The loss of the main route around the blockaded Strait of Hormuz has pushed crude higher and forced Riyadh back through the waterway it built the pipeline to avoid.
Oil holds above 100 dollars as Hormuz talks slip and a Saudi pipeline stays shut
A postponed Gulf meeting, a closed Saudi export line and Houthi gains near the Red Sea chokepoint kept crude and diesel bid through Monday.
Brent tops $108 as Gulf-Iran talks on Hormuz are shelved and Saudi Arabia shuts its main pipeline
A vessel strike in the strait, a postponed ministerial meeting and a closed export line pushed crude to its highest in months.
Houthi forces take Bab el-Mandeb, closing the alternative to Hormuz
The capture of Mokha and Mayun leaves two of the world’s energy chokepoints in hostile hands and tanker freight repricing.
Iran takes an Oman-brokered Hormuz shipping plan to the Gulf states, with Washington outside the room
Gulf diplomats and Iranian officials meet in Oman on a temporary shipping lane through the strait, and the United States is not at the table.
Reports say Iranian hard-liners launched the Hormuz attacks without authorisation, sinking the US deal
Accounts from several outlets describe a faction that fired on shipping in defiance of Iran’s president and its Revolutionary Guard chief.
CENTCOM says the Iran blockade has redirected 100 commercial ships
United States Central Command puts the tally at 100 vessels rerouted over 60 days and says no ship has passed without permission, turning a wartime measure into a standing cost on Gulf trade.
One killed as a commercial vessel is struck in the Strait of Hormuz
Iranian state media and a British navy-affiliated monitor both report a fresh attack inside the Gulf’s main oil chokepoint, with the accounts diverging on timing, casualties and blame.
Houthis take Bab el-Mandeb as a drone strike shuts Saudi Arabia’s Hormuz bypass
Ship traffic through the southern Red Sea strait has halved, and the pipeline built to route Saudi crude around Hormuz is now offline.
Saudi pipeline that bypasses Hormuz shuts after drone attack, and Trump points at Iran
The East-West line was the kingdom’s main workaround for a blocked Strait of Hormuz, and it is now offline after drones launched from Iraq set it alight.
US rations air-defence windows for tankers in Hormuz as CENTCOM turns away 99 ships
Protection through the strait is now available only at set times, and transits have fallen to single digits.
Iran and Gulf states set Hormuz talks in Oman and oil falls back
The first sign of diplomacy over the world’s most important oil chokepoint moved crude further than any macro release this week.
Hormuz transits fall to single digits as tanker attacks continue
Vessel transits through the Strait of Hormuz dropped to seven in a day, even as Washington says it has loosened Iran’s grip on the waterway.
Houthis seize Perim Island and take control of Bab el-Mandeb
Iran-backed Houthi fighters have captured the island that divides the Bab el-Mandeb strait into its two shipping lanes, completing their hold on Yemen’s Red Sea coast.
Houthis Seize Mocha and Push Toward the Bab el-Mandeb Strait
Iran-aligned forces took the Red Sea port city and are advancing south, bringing a second maritime chokepoint into play alongside Hormuz.
Iran Strikes a Jordanian Air Base as CENTCOM Denies Its Destroyers Were Hit
The Revolutionary Guard says it hit the Al-Azraq base used by US forces in Jordan, while US Central Command rejects a separate Iranian claim about two Navy destroyers.
US and Iran Trade Tanker Strikes as the IRGC Widens Its Maritime Zone
The biggest wave of attacks on Gulf shipping since the war began came with an expanded blockade area and disputed claims about what was hit.
Oil tops $100 as US and Iran trade tanker strikes at Hormuz
Crude returned to triple digits after US forces destroyed five Iranian tankers and Iran struck back at shipping and at a base in Jordan.
Houthi strikes on Saudi energy sites wound 73 as Brent nears $100
Missile and drone attacks on Aramco facilities put the main bypass route for a blocked Strait of Hormuz under direct pressure.
Hormuz Traffic Thins as US and Iran Trade Tanker Strikes
Transits through the Strait of Hormuz have fallen to their lowest level since May while Houthi attacks on Saudi energy sites push oil toward $100.
Gulf states refuse Iranian control of Hormuz as the UAE builds alternative routes
Abu Dhabi says its energy exports will not be held hostage by the Iran war and is constructing alternative trade and energy corridors.
US and Iran trade strikes as Tehran prepares a restricted zone beyond Hormuz
Iran’s Supreme National Security Council says a restricted zone outside the Strait of Hormuz will be declared within days, after American strikes on three Iranian vessels.
Hormuz traffic falls to a four-month low as the energy bill mounts
Shipping data show the fewest daily transits of the Strait of Hormuz since May, while Gulf exporters build alternative routes and US consumers absorb a rising fuel cost.
US and Iran trade strikes on shipping as Tehran readies a Hormuz zone
Washington and Tehran attacked each other’s vessels over the weekend, and Iran says it will declare a restricted maritime zone around the Strait of Hormuz within days.
India supplied 60% of Europe-bound diesel through Bab-el-Mandeb in August
Indian refiners filled the gap on the eastern route into Europe as Russian and US flows fell away.
US strikes three Iranian tankers as Tehran plans a Hormuz exclusion zone
CENTCOM destroyed one tanker and disabled two others after Iranian missiles were fired at two US warships.