ActiveInvestorMag.com: Adversary's Veto

Netanyahu tells Israel’s military the US and Israel must topple Iran’s regime

Thu, 22 Oct 2026 21:17:00 GMT

Speaking at an officer graduation ceremony, the Israeli prime minister ordered the army and Mossad to pursue the overthrow of Iran’s leadership, according to accounts of the speech.

Israeli Prime Minister Benjamin Netanyahu said the United States and Israel must topple the Iranian regime. He spoke at an Israel Defense Forces officer graduation ceremony on Wednesday night. He delivered the message to the military’s newly graduating officers.

Netanyahu ordered the IDF and the Mossad intelligence agency to pursue the overthrow of the Iranian regime. He was talking about taking down the regime, not only about pressure on Iran.

In the speech he targeted Iranian Supreme Leader Mojtaba Khamenei, who succeeded his father after Ali Khamenei was killed in an Israeli strike on 28 February. Netanyahu said that Khamenei had made a decision about the course he would follow.

Netanyahu has also been pressing President Donald Trump to resume strikes against Iran, as both leaders contend with poor polling ahead of critical elections.

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Seven vessels hit near Hormuz, Iran’s Guards say, as they threaten US bases over tanker escorts

Thu, 22 Oct 2026 14:18:00 GMT

Iran’s Revolutionary Guards claimed strikes and mine hits on seven ships overnight and warned Washington of a wider response, even as Gulf oil exports run above their pre-war level.

Iran’s Islamic Revolutionary Guard Corps Navy said on Thursday that four vessels it accused of illegal oil transfers were hit simultaneously and caught fire. The Guards said they struck the four ships while they were transferring oil ship to ship in the northern Persian Gulf, and that three more vessels struck mines. Iran’s government put the total at seven oil tankers on fire or damaged in the Strait of Hormuz.

Iranian state television reported that the seven tankers were either struck by attacks or hit naval mines. Other accounts say the ships caught fire or were damaged overnight after being hit by Iran or striking naval mines. The Guards described the ships as “violating” vessels.

The Guards also threatened to strike American bases across the Middle East if the US military continues to escort ships through Hormuz. They warned the United States of a wider response.

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US and Israel plan renewed Iran strikes after the midterms as Washington pulls diplomats from Saudi Arabia

Thu, 22 Oct 2026 14:18:00 GMT

Plans for a post-election air campaign, embassy drawdowns in the Gulf and a large Israeli sortie toward Iran’s border point to rising odds that the war resumes after 3 November.

The United States and Israel have drawn up plans for renewed strikes on Iran after the elections. The planning is aimed at the period after 3 November, when the US midterms take place. The campaign under discussion has been described as massive. One account says interest was expressed in dropping the 22,000-pound GBU-43/B “Mother of all Bombs”. Separately, the United States and Israel are planning for a possible attack on Iran, a source said.

At the same time, Washington ordered some diplomats to leave Saudi Arabia as Houthi attacks escalate. US embassy staff and their families have been told to leave. US troops and diplomats are also evacuating posts elsewhere in the Middle East, according to sources.

Some of President Trump’s advisers, including Defense Secretary Pete Hegseth, have been privately advocating a resumption of military operations against Iran. Hegseth met Israeli Prime Minister Benjamin Netanyahu during an unannounced visit to Israel.

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Gulf oil flows top their pre-war level even as new Hormuz attacks lift prices

Wed, 21 Oct 2026 14:16:00 GMT

More than 24 million barrels a day left the region through Hormuz and other routes in the week to 18 October, but attacks on ships and soaring freight costs kept crude rising.

More oil is now coming out of the Persian Gulf than before the Iran war. Flows through the Strait of Hormuz and alternative export routes averaged more than 24 million barrels a day in the week through 18 October, above the pre-war level.

Prices rose anyway. Oil advanced as attacks in the Strait of Hormuz continued to menace global supplies, though flows through the waterway remain robust. Oil prices also rose as Hormuz shipping risks persisted.

The latest incidents were attacks on a tanker near the strait and on Saudi Arabian facilities by Iran-backed Houthis. Traders were assessing those developments as prices climbed.

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Britain sends Typhoon jets to help defend Saudi Arabia from Houthi attacks

Tue, 20 Oct 2026 21:17:00 GMT

London says the aircraft will protect Saudi cities and critical infrastructure, widening Western involvement in a war that is spreading across the Gulf.

The United Kingdom will deploy an undisclosed number of RAF Typhoon jets to protect Saudi population centres and critical infrastructure from Houthi attacks. The British government announced the decision on Tuesday. The jets will fly defensive air missions over Saudi Arabia.

British Defence Secretary Wes Streeting said the deployment aims to support the protection of Saudi cities and critical infrastructure from aerial attack. Tuesday’s statement about defending against Houthi attacks sits alongside a British posture framed around the Strait of Hormuz and around preventing attacks on British interests or British allies in the region.

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Iran tells Pakistan’s army chief there will be no talks with Washington until its demands are met

Tue, 20 Oct 2026 21:17:00 GMT

Tehran says its enriched nuclear material stays at home, and officials say they are stretching out the stalemate to weigh on the US midterm elections.

Iran has told Pakistan’s army chief that there will be no talks with Washington until its demands are met, according to Iranian media. Iranian official Rezaei also said all enriched nuclear materials would remain in Iran, reiterating the position of Supreme Leader Ayatollah Mojtaba Khamenei.

Separately, Iranian officials said Tehran is prolonging talks in a stalemate to influence the US midterm elections. Iranian officials said Iran is stalling on a deal with the United States to hurt President Donald Trump politically ahead of the vote. Iran can exploit Trump’s political problems, the officials argued.

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Iran’s Guards say their mines halted and set ablaze two tankers south of Hormuz

Tue, 20 Oct 2026 14:18:00 GMT

The Revolutionary Guards said the ships used routes Tehran considers illegal, as US crude jumped and Washington maintained that Gulf flows were recovering.

Iran’s Islamic Revolutionary Guard Corps said on Tuesday that its naval mines halted two tankers attempting to pass through the Strait of Hormuz. According to the Guards’ navy, the two ships were set ablaze and brought to a halt south of the strait after hitting Iranian mines. Xinhua, China’s state news agency, quoted the IRGC as describing the vessels as “violating” oil tankers that caught fire after striking naval mines.

The Guards said the tankers had been travelling via routes they consider illegal. Every outlet carrying the report attributes it to the IRGC itself, and none of these accounts names the ships, their owners or any casualties.

The IRGC also said it destroyed a US MQ-9 drone over the strait, while Sabereen reported that explosions were heard in Bandar Abbas. The Guards warned that if what they called provocative actions by the American regime continue, oil companies will have to pay a bigger price. Separately, TradeWinds reported that Iran has extended its Strait of Hormuz blacklist to 120 ships, including vessels that have already been sunk.

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Araqchi blames Washington for Hormuz insecurity with Lavrov standing beside him in Tehran

Mon, 19 Oct 2026 21:20:00 GMT

Iran’s foreign minister used a joint news conference with his Russian counterpart to put responsibility for the strait on the United States while repeating an offer to reopen it.

Iran’s foreign minister Abbas Araqchi blamed the United States for insecurity and tensions in the Strait of Hormuz, speaking at a joint news conference with Russian Foreign Minister Sergei Lavrov on Monday. Reuters reported that he called for diplomacy at the same appearance. The Times of Israel reported that Iran’s top diplomat accused the United States of being responsible for the insecurity in the strait, which has been at the heart of the conflict. These are the Iranian government’s assertions about responsibility, not established findings.

Araqchi told Iranian media that Iran’s offer to the United States to reopen the strait within seven days is still on the table. He also called for regional dialogue. Araqchi met his Russian counterpart in Tehran, where Lavrov discussed the war with the United States and regional security. Prensa Latina reported calls for Washington-Tehran talks to reopen the strait and for restoring security and freedom of navigation.

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Oil slips from a five-month high as Washington eases Russian curbs

Mon, 19 Oct 2026 14:22:00 GMT

Iranian officials told the Washington Post their government wants prices painful through the US midterms.

Crude retreated from a five-month high, with transits through the Strait of Hormuz the focus of the market. The trigger was supply rather than demand: prices slipped after President Trump waived sanctions in a move that may lead to more Russian fuel exports, and Aaj English reported the fall from a five-month high as the United States eased its Russia curbs.

The Business Times reported that oil fell from the five-month high because supply had stayed intact despite the fighting. The floor under the market has not gone, however. A UBS analyst told Reuters that “ongoing strikes on vessels crossing the Strait of Hormuz and flows remaining below pre-conflict levels continue to provide support”.

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Trump publicly endorses Netanyahu nine days before Israel’s election

Sun, 18 Oct 2026 21:20:00 GMT

Axios reports it as the first explicit public endorsement by a US president of a candidate in an Israeli election.

President Donald Trump endorsed the Israeli prime minister, Benjamin Netanyahu, on Sunday, nine days before Israel’s elections on 27 October, Axios reported. In a post on Truth Social the president called Netanyahu a great warrior prime minister and a great partner. Axios said it is the first time in the history of US-Israeli relations that a US president has explicitly and publicly endorsed a candidate in an Israeli election.

The timing is the point. Axios reported that most polls show Netanyahu’s coalition falling short of the 61 seats needed to form a government, and that the intervention could give him a boost at a critical moment in his fight for political survival.

Iran International reported that Trump also threatened to finish the job against Iran as he made the endorsement. Israel joined the United States in launching co-ordinated strikes across Iran on 28 February, killing the supreme leader, Ayatollah Ali Khamenei, The National reported. Iran’s new supreme leader, Mojtaba Khamenei, may take a different position on nuclear policy, according to Iran International.

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Tehran says its offer to reopen Hormuz in seven days is still on the table

Sun, 18 Oct 2026 14:23:00 GMT

Iran’s foreign minister wants conditions met and guarantees against new attacks; the US war secretary answers with an ultimatum.

Iran’s offer to the United States to reopen the Strait of Hormuz within seven days remains on the table, Foreign Minister Abbas Araqchi said, according to Reuters and The New Arab. Arab News reported that Iran has proposed reopening the strait if Washington agrees to specific conditions, and that acceptance could also restart talks between the two governments.

Tehran has attached a further requirement: renewed talks would need “credible guarantees” against new attacks, Anadolu reported. An Iranian army spokesperson put it more bluntly, saying the strait will reopen “if America leaves the region”. These are Iran’s own terms as relayed by its officials, and the reports do not establish that it can or will deliver a reopening on them.

The offer follows the mining of a second supertanker in the strait, announced by Iran’s Revolutionary Guards. In the same period Dubai officials said a drone impact had started a fire near the emirate, according to a live report of the conflict.

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A second tanker is mined in Hormuz, and Central Command says almost all shipping still clears the strait

Sat, 17 Oct 2026 21:20:00 GMT

Iran’s Revolutionary Guards reported a second supertanker ablaze on Saturday, while the US military published transit figures that contradict Tehran’s closure claim.

Iran’s Revolutionary Guards Navy said on Saturday that two oil tankers had caught fire after hitting naval mines while crossing the Strait of Hormuz. The Guards’ navy announced that the second vessel, which it called a “violating” supertanker, had exploded after striking a mine. Iranian state media said both tankers were carrying about 2 million barrels of crude oil, according to the official news agency IRNA. An earlier mined supertanker was reported burning in the same waterway a day before.

The Guards said the second tanker had disabled its tracking equipment at the US military’s instigation before it hit the mine. That account comes from the Guards themselves and is not corroborated elsewhere in these reports. The Guards’ navy also repeated a warning to all maritime traffic that the strait “remains closed in accordance with Iran’s sovereign decisions”. Turkey’s foreign minister called for free navigation through the waterway.

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Central Command says its blockade has cost Iran $25 billion in oil sales and left the Guards unable to pay troops

Sat, 17 Oct 2026 21:20:00 GMT

Admiral Brad Cooper said Iran-aligned militias are now sending money back to the Revolutionary Guards instead of receiving it.

US Central Command’s commander, Adm. Brad Cooper, said on Friday that Iran-backed militias in the region have been sending money back to the Islamic Revolutionary Guard Corps to relieve the economic pressure the Guards are under after nine months of war. The command said the US naval blockade has blocked $25 billion in Iranian oil exports and claims control of the Strait of Hormuz. Cooper put the same revenue figure on the record, saying the blockade had cost Iran $25 billion in oil income.

Cooper said the financial strain on Iran’s military has become significant enough that there are reports of Iran-aligned militia groups across the region withholding the salaries and dues of their own members. Where those groups were traditionally funded by the Guards, the US now believes the flow has reversed and they are sending money back to Tehran. Every one of these figures and claims comes from the US military; none is independently verified in the reporting available here, and Iran has not confirmed them.

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A supertanker burns in the Strait of Hormuz after hitting a mine, and Iran’s Guards call the waterway closed

Sat, 17 Oct 2026 14:21:00 GMT

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’s Revolutionary Guard Corps said on Saturday that an oil tanker exploded and caught fire after hitting a naval mine while transiting the Strait of Hormuz. The statement was shared through Iranian state media. Anadolu reported the Guards’ account that the supertanker was carrying over two million barrels of crude when the explosion set it alight. Xinhua reported the IRGC navy describing the ship as a “violating” supertanker.

The Guards then went further than the incident itself. “The Strait of Hormuz is closed,” the IRGC Navy declared, warning of consequences for vessels that defy Iranian regulations there. It warned all vessels against using the waterway, saying the strait remained closed under Iran’s sovereign decisions. US Central Command rejects that account. CENTCOM insists the strait remains open for passage, has called the Guards’ mine claim about the GFS Pride false, and says the ship sank under tow. CENTCOM also said about 400 merchant ships transited the strait over the past week.

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Iran is giving the Houthis targeting data for strikes on Saudi Arabia, the Wall Street Journal reports

Sat, 17 Oct 2026 14:21:00 GMT

The Journal reports that Tehran is supplying the intelligence behind Houthi attacks on the kingdom, while Iran’s foreign ministry denies any role.

Iran is giving the Houthis targeting and intelligence for attacks on Saudi Arabia, the Wall Street Journal reported. The Australian carried the same report, describing it as strategic cooperation between Tehran and the Yemeni group. Iran International and ANI relayed the account, which places the cooperation alongside Houthi advances near the Bab al-Mandeb strait.

Tehran denies it. “Iran does not interfere in Yemeni affairs,” the Iranian foreign ministry said. Roya News and NDTV reported the denial of Saudi accusations of involvement. The Jerusalem Post reported that despite the spokesman’s claim, members of Iran’s Islamic Revolutionary Guard Corps have commended the recent Houthi strikes on Saudi Arabia. Il Sole 24 Ore reported Iran stepping up training and tactical support for the militiamen, who have seized strategic positions on the Bab el-Mandeb strait.

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US crude tops $100 a barrel as Hormuz attacks mount

Fri, 16 Oct 2026 21:25:00 GMT

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.

US crude oil prices rose sharply on Friday and topped $100 a barrel as Iran escalated its attacks in the Strait of Hormuz during the week, CNBC reported. NBC News reported oil prices jumping to nearly $110 per barrel, with renewed attacks in the strait and growing doubts about a US-Russia diesel deal pushing crude to levels not seen in a month. Oilprice.com put the level lower, describing prices as stuck at $105 as geopolitical risks mount.

Yahoo Finance reported oil heading for a weekly gain with attention on Middle East supply, quoting the Saxo Bank analyst Ole Hansen saying conditions in the strait continue to underpin prices, and noting that WTI settled up more than 3% on Thursday. The background to the move is a run of attacks that has made October one of the most violent months in the strait since the war began.

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Reported ship attacks near Hormuz reach a record high as oil exports slow

Fri, 16 Oct 2026 14:32:00 GMT

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.

Reports of attacks on shipping near the Strait of Hormuz have reached a record high while oil exports slow, the BBC reported. BBC Verify’s analysis of data from a UK maritime agency shows 12 vessels were struck in a week. Iran’s Islamic Revolutionary Guard Corps published footage of what appeared to be one of the ships sinking and said the vessel was carrying cargo, according to the BBC’s account; that is the IRGC’s own claim about the target rather than an independent confirmation of it.

The New York Times published footage showing small boats gathered around floating shipping containers after a Singapore-flagged cargo ship sank near the strait. CNBC reported that US crude oil prices rose on Thursday as traders assessed potential supply disruptions following attacks on ships passing through the strait, with US crude near $98. Interactive Brokers reported that WTI rose to $96.13 while Brent slipped to $105, as September producer prices posted their biggest monthly jump since March 2022 and Treasury yields eased.

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Two Emirati cargo ships sink within a day as US forces dispute Tehran’s claim on the strait

Wed, 14 Oct 2026 21:26:00 GMT

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.

Two Emirati cargo ships have sunk in the past 24 hours after being struck in the Strait of Hormuz, an escalation with little precedent, The Wall Street Journal reported. At least 10 vessels have been attacked in or near the strait since Sunday, the highest number since the war began between the United States and Iran, the New Zealand Herald reported.

US Central Command rejected the Iranian military’s claim that Tehran controls the strait, saying the Revolutionary Guard has no navy, Middle East Eye reported. In a post on X late on Tuesday, Central Command said 19 million barrels of crude oil transited the strait on Monday, Gulf News reported. Iran International carried the same figure, reporting that Central Command said the United States helped ship 19 million barrels through Hormuz that day.

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A Houthi missile hits a building at Saudi Aramco’s headquarters

Wed, 14 Oct 2026 14:31:00 GMT

Oil rose as a reported strike on the state oil company’s headquarters added to the risk premium already built on Gulf shipping.

A Houthi strike hit a building at Saudi Aramco’s headquarters, Morningstar reported in a commodities roundup. Semafor reported that the Houthis had reportedly struck the Saudi national oil company’s headquarters. Al Jazeera’s live coverage said an Aramco office in the east of the country was hit while the Saudi-led coalition struck Houthi sites in Yemen. Il Sole 24 Ore reported strikes on Aramco facilities and on Riyadh airport.

The Saudi-led coalition said it intercepted missiles fired by Yemen’s Iran-backed Houthis toward the Aramco headquarters, the Jerusalem Post reported, and Energy Connects reported that Saudi Arabia intercepted new Houthi missile attacks on Riyadh. France 24 reported loud explosions heard in the capital following an attack on an Aramco building. Newsday reported that residents of Riyadh said they heard new explosions and that the Iran-backed Houthis claimed responsibility. The interception claims come from the coalition itself and sit alongside reports that a building was hit.

Newsday’s account is the only one in this pack drawn from residents rather than from officials.

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A Singapore-registered container ship sinks after a strike in the Strait of Hormuz

Wed, 14 Oct 2026 14:31:00 GMT

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.

Two Singapore-registered vessels were struck while transiting the Strait of Hormuz on 13 and 14 October 2026, and one of them has since sunk, the Maritime and Port Authority of Singapore said. The authority said the GFS PRIDE sustained damage and a fire on board before sinking. Channel NewsAsia reported that both were container ships and that they were struck by unknown projectiles, with one sinking. The Independent reported that the vessel was carrying more than 2500 containers and caught fire before it sank.

Reuters, citing sources, reported that the ship sank after being hit by a projectile, and that a separate dry bulk carrier had been damaged in an earlier incident. Iran’s Islamic Revolution Guard Corps navy said a violating container ship sank after striking a naval mine south of the strait, Xinhua reported. The Associated Press carried Iran’s account of a cargo ship sinking after hitting a mine, with few immediate details, and Argus Media reported the same mine claim attributed to the IRGC navy through Iranian state media. Until this week the strait’s record was of attacks at a wartime peak rather than a vessel lost.

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OPEC trims its demand outlook and Japan moves to subsidise oil importers

Tue, 13 Oct 2026 21:28:00 GMT

The cartel cut its demand growth forecast again while Tokyo backed help for refiners paying to route crude around the Gulf.

OPEC cut its oil demand growth forecast again, with repeated attacks on vessels in the Strait of Hormuz, deadly Houthi strikes on Saudi Arabia and surging freight costs keeping geopolitical risk elevated. On the same day Japan’s cabinet backed a plan to help oil importers pay the higher costs of bringing in crude through routes that bypass the strait, Industry Minister Ryosei Akazawa said. A report cited by Reuters said the US blockade has held Iranian crude exports at zero through October.

The attacks have intensified. Bloomberg reported that Iranian attacks on ships crossing the strait have surged, potentially threatening the recent recovery in Persian Gulf oil exports. Six commercial vessels were hit in a single day after an American fighter jet disabled an Iran-linked tanker, and four vessels, three tankers and a container ship, were struck by unknown projectiles while transiting the strait on 11 October. A tanker caught fire east of the strait on Tuesday, according to the Iranian Navy. The IRGC’s naval commander said vessels had ignored its warnings and tried to pass by a route it had not authorised; that is the Guard’s account, and the shipping reports describe the projectiles as unattributed.

Oil traded above $105 a barrel amid the vessel attacks.

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Attacks on Hormuz shipping reach a wartime high as Europe faces winter with low gas reserves

Tue, 13 Oct 2026 14:32:00 GMT

Six vessels were hit in a single day, and both Fitch and the IMF now assume the strait stays shut into next year.

Iranian attacks targeted six ships near the Strait of Hormuz in one day, the highest number since the war with the United States began, Anadolu Agency reported. The Financial Times said ships in and around the strait are facing the most intense period of missile and drone attacks by Iran since the start of the war. Oil flows through the strait fell sharply toward the end of last week, according to preliminary Kpler data cited by The Wall Street Journal.

Forecasters have pushed back the date they expect the waterway to function normally. Fitch Ratings said its base case assumes a durable agreement to reopen the strait will be reached in the first quarter of 2027. The International Monetary Fund now expects the strait to reopen in March 2027, with conditions returning to a pre-war state by October 2027, CNBC reported. Those are forecasts by a rating agency and by the fund, not announced terms.

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Britain blames Iran’s Revolutionary Guard for a plot at a US bomber base and sanctions two Iranians

Mon, 12 Oct 2026 21:29:00 GMT

The UK’s first formal attribution of the RAF Fairford incident came with a joint statement and a summons for Tehran’s ambassador.

British Prime Minister Andy Burnham told the House of Commons on Monday that Iran’s Revolutionary Guard was “almost certainly” behind a suspected plot to attack RAF Fairford, the base where US bombers were stationed, Axios reported. Axios quoted him saying: “I can confirm our assessment that it is highly likely to have been coordinated in Iran, almost certainly directed by the IRGC. We will not tolerate these threats on our soil.” It said this was the first time the UK officially blamed Iran for the alleged planned attack.

The UK government, in a joint statement issued with partners, said Iran was involved in the incident at RAF Fairford on 27 September and that it had concluded the event demonstrates the IRGC’s continued activity. That is Britain’s own assessment of what happened, not an independently verified account. Al Jazeera said the UK blamed Iran and sanctioned two Iranian nationals, and that Tehran has denied responsibility for the largely unexplained incident. The Globe and Mail also reported that Tehran has rejected any suggestion it was involved.

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Energy chiefs skip Riyadh conferences after a second deadly airport attack

Mon, 12 Oct 2026 14:48:00 GMT

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.

One person was killed and 11 injured in a Houthi attack on Riyadh’s international airport, which came a day after a missile hit the same target. The National reported countries condemning the attacks as the death toll rose to 13. The New York Times reported Saudi and Yemeni airports hit in a new round of strikes.

US airlines were warned to exercise caution in Saudi airspace after the second deadly airport attack. President Trump warned that the United States may hit the Houthis after an American was killed at the Saudi airport and the group threatened more attacks, and said at one point that he thought it was terrible.

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Iran calls the US answer on reopening Hormuz insufficient as another tanker is struck

Sun, 11 Oct 2026 21:29:00 GMT

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.

Iran’s security chief, Mohsen Rezaei, said the US response to Iran’s proposal to reopen the Strait of Hormuz was insufficient. “We presented seven conditions to the Americans and clearly stated that the Strait of Hormuz would not be opened to them, and no negotiations would take place,” he said, in an account carried by Israeli coverage. Reuters reported the same formulation, that the strait would not be opened and no negotiations would take place until the conditions are met, and said the White House did not respond in a passage the excerpt leaves unfinished.

Turkish state coverage reported that Iran conveyed the seven conditions to Washington about two weeks ago. Iranian coverage identified Rezaei as the representative of Iran’s Supreme Leader and the secretary of the Supreme National Security Council, and reported him saying the end of the war was within reach in a sentence the excerpt cuts off. These are Iranian government statements about Iranian intentions, not an independent account of what Washington offered.

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Houthi missile strike on Riyadh airport kills 12 and wounds more than 300

Sun, 11 Oct 2026 14:33:00 GMT

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.

A missile strike on Riyadh’s airport killed 12 people and wounded more than 300 others, Saudi authorities said. Sky News reported at least 12 killed and more than 300 injured, and Al Jazeera reported 12 dead with a Saudi-led coalition vowing to respond. The airport suspended operations after the attack. The New York Times reported that the strike on Saturday was the deadliest attack in a Gulf Arab country since the US and Israeli war with Iran began in February.

The attack was the latest in a run of Houthi strikes on the Saudi capital. Saudi-led forces have supported their operation with airstrikes while the Houthis have retaliated with missiles and drones. Yemeni forces separately claimed gains near the Bab el-Mandeb strait and said they control it, a claim reported but not confirmed in this coverage.

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US forces disable a cargo ship running the Iran blockade in the Gulf of Oman

Sun, 11 Oct 2026 14:33:00 GMT

Central Command says it disabled a vessel that ignored warnings to stay out of the blockade, and Tehran has promised a response.

US Central Command said its forces disabled a commercial cargo vessel in the Gulf of Oman. The Hill reported that the ship was Panama-flagged and that US forces acted after it ignored warnings not to bypass a naval blockade. Accounts of the target and the place differ: The Hill put the action in the Strait of Hormuz, Reuters reported that Central Command warned mariners in the Gulf of Oman and the approaches to the strait to heed blockade warnings and monitor notices to mariners, and the Financial Times described the vessel as a commercial tanker rather than a cargo ship. Al Jazeera reported that US forces bombed the vessel as it tried to run the blockade, and Shafaq News reported the same disabling from Washington.

Iran’s military said it would respond to what it called US aggression against the cargo vessel. Central Command released images of US Navy electronic-warfare aircraft patrolling over the Middle East.

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Iran says a supertanker hit a mine in Hormuz as the cost of crossing the strait sets records

Sat, 10 Oct 2026 21:31:00 GMT

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.

Iran’s Islamic Revolutionary Guard Corps said on Saturday that an oil supertanker struck a naval mine and exploded in the Strait of Hormuz. The Guards’ navy said the vessel was carrying crude oil and caught fire. Iranian state outlets described the ship as a violating or offending supertanker that was attempting to pass through the strait by an unauthorised route, and said it was burning.

These accounts are the Iranian government’s. The Guards did not specify the tanker’s name or flag, and the reports rest on Iranian state media. One outside report of the claim says only that the tanker exploded and caught fire after striking a naval mine, attributing it to the Revolutionary Guards.

US Central Command said on Friday that it had redirected 133 commercial vessels as of 9 October as it enforces a blockade of Iran.

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Revolutionary Guard sets an LPG carrier ablaze and extends its threat beyond Hormuz

Fri, 09 Oct 2026 21:29:00 GMT

Iran’s IRGC navy claimed a series of tanker attacks and said vessels off its designated routes would be pursued anywhere in the region.

Iran’s Islamic Revolutionary Guard Corps said on Friday it had attacked a liquefied petroleum gas tanker in the Strait of Hormuz. The IRGC navy issued a statement taking credit for a series of recent attacks on tankers, and warned that vessels “violating” its designated routes would be pursued and “punished” anywhere in the region.

That last clause is the change. The Financial Times reported Iran attacking tankers beyond the Strait of Hormuz, while the IRGC insisted in a statement that it had control over the strait. The claim of control is the Guard’s own, and it is contested. Maritime Executive reported the threat as expanding against what the Guard calls non-compliant vessels.

The tempo has risen with the geography. A ship has been struck in the Strait of Hormuz nearly every day this month. CNBC reported tanker attacks surging to a wartime high, with vessels transiting the strait coming under fire almost daily as Iran escalates in an effort to choke off a rebound in oil exports. The tanker owners’ body INTERTANKO said in a weekly update issued on 9 October that attacks in the strait are continuing.

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Treasury sanctions dozens of firms and tankers in Iran’s shadow oil fleet

Fri, 09 Oct 2026 14:37:00 GMT

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.

The United States imposed fresh Iran sanctions targeting 27 companies, six individuals and 22 vessels, in one account of the action. A second described the measures as targeting Iran’s oil trade with sanctions on 27 companies and 22 vessels. A third counted 22 more tankers in the crackdown on Iran’s shadow fleet, while a fourth reported 17 ships designated in a push to shut the fleet down. The published accounts therefore disagree on the vessel count.

The Treasury said it was targeting the remnants of Iran’s shadow fleet, in remarks attributed to Secretary Scott Bessent. The designations fall under Operation Economic Outcast, which Bessent announced on 24 August and which seeks to isolate Iran by targeting its oil sales and financial channels.

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Oil surges as Houthi missiles hit Riyadh for a second day

Thu, 08 Oct 2026 21:30:00 GMT

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.

Oil prices surged after a second day of Houthi strikes on Riyadh, with the missile attacks coming as Iran increased the pace of its attacks on vessels in the Strait of Hormuz. The Houthis claimed a new attack against the airport in the Saudi capital, and a witness reported an evacuation. Airlines suspended flights. Saudi Arabia said it intercepted Houthi missiles targeting Riyadh.

US stock futures headed lower after the explosions in the Saudi capital sent crude prices racing higher. Crude gained 5 percent as Treasury yields continued to climb. Reuters reported oil jumping on persistent Middle East supply concerns amid shipping attacks in the Gulf and the Strait of Hormuz, with US output also cut as a hurricane menaced offshore production. The campaign follows the fighting that intensified around the Bab el-Mandeb strait, which Iran-backed Houthi rebels besieged, disrupting shipping.

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Trump says the US will not attack Iran before the midterm vote

Thu, 08 Oct 2026 21:30:00 GMT

The president ruled out strikes ahead of the November 3 elections while pledging to keep the maritime blockade in place.

President Donald Trump said on Thursday that the United States will not attack Iran before the November 3 midterm elections, and that Washington is having productive discussions with Tehran. He pledged to keep the blockade in place while ruling out attacks ahead of the vote. The Financial Times reported him saying the US will not be attacking Iran before the midterms, and the Guardian noted that his post did not say what the US would do after November 3.

The statement reverses the immediate direction of travel. The Pentagon had told Central Command, which oversees the Middle East, to prepare to resume large-scale military operations against Iran. Axios reported that Trump had been considering resuming major combat operations for several days, and cautioned that his past statements about his intentions in Iran have not always matched what he ultimately did.

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Iraq devalues the dinar as Hormuz losses drain its oil revenue

Thu, 08 Oct 2026 14:34:00 GMT

Baghdad cut the currency after disruption at the strait hit the government’s main source of income.

Iraq devalued its currency as disruption in the Strait of Hormuz hit its oil exports. One account of the move put the devaluation at 14.5 percent and said the trouble at the strait had cut into the government’s main source of revenue. The sources do not give the new official rate or the size of the export shortfall behind it.

The fiscal position before the decision was already strained. Figures attributed to the accounting department of an Iraqi ministry showed revenues covering only 57 percent of government expenditures, with the budget deficit reaching 29.2 trillion dinars. “Every past oil shock has pushed Iraq into trouble,” said Ziad Daoud, Bloomberg’s chief emerging-market economist, who dated earlier episodes to 2008 and 2014. The deficit figures were carried by Kurdistan Press.

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Pentagon tells Central Command to finish preparations for renewed strikes on Iran

Thu, 08 Oct 2026 14:34:00 GMT

The order carries no date, and Trump says a deal with Tehran is not something he wants to do.

The Pentagon instructed US Central Command several days ago to conclude preparations for resuming major combat operations in Iran, US officials said. The directive did not include a specific date for launching strikes, and President Trump has not made any final decisions. US and Israeli sources said the strikes could come before the US midterm elections, and possibly before the Israeli elections a week earlier. Reports that the US military had been told to prepare for a resumption of strikes circulated through Thursday.

If major combat operations resume, they are expected to include massive bombing of Iranian energy, infrastructure and nuclear targets, the same sources said. A separate account of the reporting described the instruction as an order for Central Command to be ready for a renewed large-scale attack. Axios, which reported the directive, said resuming the war in the next three to four weeks could influence the midterm elections.

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Rubio says Iran has lost control of Hormuz while the IRGC vows to block ‘illegal routes’

Wed, 07 Oct 2026 21:29:00 GMT

Washington and Tehran issued directly opposing accounts of who controls the strait on the same day.

Iran has lost complete control of the Strait of Hormuz, US Secretary of State Marco Rubio said on Wednesday, 7 October 2026, speaking in Athens. Rubio said Iran’s grip on the strait has significantly weakened in recent weeks, and he made the claim despite the increase in attacks on shipping there.

Tehran said the opposite within hours. A senior adviser to the commander-in-chief of the Islamic Revolutionary Guard Corps said the strait is closed and will stay closed until Iran’s demands are met. An IRGC official said Iran will soon block what it deems illegal routes through the strait. The Guard Corps has consistently denied that seaborne crude flows through the strait are rebounding thanks to US Navy help. Earlier editions reported Iran stepping up tanker attacks in the waterway.

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Iran steps up tanker attacks in Hormuz as Brent holds above $100

Wed, 07 Oct 2026 14:31:00 GMT

The cost of moving Gulf crude is climbing faster than the barrel price as attacks on shipping increase.

Iran has increased the pace of attacks on tankers in the Strait of Hormuz in recent days, just as oil and gas shipments through the waterway were climbing. A Panamanian-flagged crude oil tanker was struck by an unknown projectile while transiting the strait on 5 October, injuring 12 of the crew. The UK Maritime Trade Operations has recorded nine incidents so far this month.

A senior adviser to the commander-in-chief of Iran’s Revolutionary Guards said on Wednesday that the Strait of Hormuz remains closed and will stay closed until Iran’s demands are met. US Secretary of State Marco Rubio said Iran has “lost complete control” of the strait and that Tehran’s economy is in freefall.

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Saudi-backed Yemeni forces claim Bab el-Mandeb as Houthis strike airports

Wed, 07 Oct 2026 14:31:00 GMT

Control of the Red Sea’s southern gate is contested while missiles reach Aden and the area north of Riyadh.

Yemeni government forces said they had secured control of the Bab el-Mandeb Strait after a rapid advance along Yemen’s Red Sea coast. Saudi-backed forces launched an operation named Dawn of Yemen to retake Bab al-Mandeb, with 100 Saudi jets striking Houthi targets. Yemeni officials said several positions previously held by the Houthis near the strait had been retaken. Euronews reported government forces advancing on Bab el-Mandeb in the offensive.

The Houthis dispute the claim. Al Jazeera reported both sides claiming victories, with Houthi officials saying the group maintains “firm control” over recently captured territory. The Iran-backed group claimed new attacks on Saudi Arabia and on Yemen’s Aden airport, launching missiles towards the airport that serves as the main international gateway for parts of Yemen outside Houthi control. A Saudi-led coalition said it shot down a Houthi missile north of Riyadh.

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Four tankers hit in the Strait of Hormuz as captains draw $100,000 a month

Tue, 06 Oct 2026 21:24:00 GMT

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.

Four tankers were attacked in or near the Strait of Hormuz, and another commercial vessel was threatened by Iran’s Islamic Revolutionary Guard Corps. Two Sinokor very large crude carriers and a Maran Gas LNG tanker were among the four ships hit in the attacks, according to an account citing a 5 October advisory from the UK Maritime Trade Operations.

An LR2 tanker was hit by a projectile during a transit of the strait on Monday or Tuesday, injuring 12 seafarers. A separate report said 11 Indian crew were injured after the Panama-flagged MT On Peace was hit, with India condemning the attack and urging a ceasefire and the safety of shipping. The two accounts give different injury counts for the vessels involved.

The Greek-flagged LNG carrier Maran Gas Mystras was hit by an unidentified projectile while exiting the strait, with its crew reported safe.

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Hormuz tanker attacks mount even as Gulf crude exports recover

Tue, 06 Oct 2026 14:34:00 GMT

Shipping incidents in the Strait of Hormuz are accelerating while oil flows rebound, pulling freight risk and crude prices in opposite directions.

UK Maritime Trade Operations reported five separate incidents involving commercial shipping in or near the Strait of Hormuz on Monday. It also disclosed two previously unknown ship strikes over the weekend, which brought the running weekly total higher. TradeWinds counted 11 ships hit in a week, and an outlet linked to Iran’s Islamic Revolutionary Guard Corps said 13 tankers had been targeted over seven days.

Volumes went the other way. Gulf oil exports exceeded pre-war levels even as ships faced threats, and oil prices fell as Middle East exports recovered. Semafor reported that oil dropped as Hormuz traffic rebounded, alongside G7 nations releasing energy stockpiles in a bid to tame surging diesel prices.

Iran’s own account is part of the public record here. An outlet linked to the Islamic Revolutionary Guard Corps put the number of tankers targeted at 13 over seven days, a higher figure than the 11 vessels TradeWinds counted over a comparable period.

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Iran keeps Hormuz shut as the rial sets a record low and oil revenue dries up

Mon, 05 Oct 2026 21:35:00 GMT

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.

Iran said it will not reopen the Strait of Hormuz “until our seven conditions are met”. Iran’s military said on Monday that it retained full control over the strait despite changes in US tactics, and state messaging doubled down on those demands through the day. An Iranian commander claimed US forces had “fled” 1,000km from Iran’s borders.

The rial fell to record lows as exports dried up, and Iran’s currency hit a new record low as the war eroded the economy. Tehran said there is no military solution to the war even as its currency set that low under what Fox News described as a US blockade. Both President Donald Trump and Iran are prepared for either diplomatic engagement or military action. A senior Iranian official publicly acknowledged the dire state of the economy, at a point when Supreme Leader Mojtaba Khamenei remains out of public view.

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Saudi-backed Yemeni forces take back the Bab el-Mandeb strait

Mon, 05 Oct 2026 21:35:00 GMT

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.

Saudi-backed Yemeni government forces staged a lightning advance on Monday to retake the coast around the Bab el-Mandeb Strait. Yemen’s Presidential Leadership Council said its forces had recaptured control of the strait less than a month after losing it. Government troops also secured the Dhubab area overlooking the sea lane and the strategic port of Mokha.

The Saudi-led coalition said it had forced Houthi fighters out of several key areas around the strait. A coalition spokesman said it had secured “air protection” of the Bab el-Mandeb and destroyed hundreds of Houthi targets. Around 100 jet fighters provided air cover as Yemeni ground troops pushed north along the coast in a flanking move. Yemen’s government forces, backed by Saudi airstrikes, had closed on the strait after launching the offensive.

The counteroffensive began on Sunday, announced in a speech by Rashad al-Alimi, the head of Yemen’s presidential council, who said the government had “exhausted all opportunities for deescalation with the Houthi militias”. The claims of control come from Yemeni officials and the coalition rather than from independent verification.

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Gulf crude exports top pre-war levels while tanker attacks multiply

Mon, 05 Oct 2026 14:36:00 GMT

Flows through the Strait of Hormuz have recovered but the shipping risk has not, and Brent still trades above $100 a barrel.

Middle East crude exports have exceeded pre-war levels, with the threshold crossed on September 24, even as attacks on tankers increase. Exports surpassed pre-war levels despite the tensions, according to the data cited in the reporting. Kpler figures show flows through the Strait of Hormuz topped pre-war levels in late September. Before the war, the region exported some 19 million barrels of crude a day.

The recovery is measured against a sharp collapse. When the strait closed at the start of the Iran war, the seven-day average of non-Iranian crude leaving the region fell by 72% in 10 days. Oil prices fell as Hormuz traffic rebounded, a move that came alongside G7 nations releasing energy stockpiles in a bid to tame surging diesel prices.

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Trump’s security cabinet met in secret at Camp David on Iran and Yemen

Sun, 04 Oct 2026 21:25:00 GMT

Vice President Vance chaired an unannounced session on the Iran war and the Saudi-Houthi conflict, three US officials told Axios.

President Trump’s top cabinet members met for hours at Camp David on Friday to discuss next steps in the Iran war and the Saudi-Houthi conflict in Yemen, three US officials told Axios. The meeting was not announced by the administration, which Axios called highly unusual. One account described it as a cabinet huddle held while an Iran deal stalls, and a second reported it as a secret Camp David meeting on the two conflicts.

Vice President JD Vance chaired the session. Among the other participants were Secretary of State Marco Rubio, Defense Secretary Pete Hegseth, White House envoy Steve Witkoff, CIA director John Ratcliffe and the chairman of the Joint Chiefs of Staff, General Dan Caine. The combination put diplomacy, intelligence and the military chain of command in one room at the same time.

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Yemen’s government opens an offensive to retake the Bab el-Mandeb strait

Sun, 04 Oct 2026 21:25:00 GMT

Saudi-backed government forces moved against the Houthis on Sunday as the group claimed missile strikes on Aramco sites inside Saudi Arabia.

Yemeni government forces backed by Saudi Arabia launched a counteroffensive against the Houthis on Sunday, the head of Yemen’s presidential council said in a speech. “We have exhausted all opportunities for deescalation with the Houthi militias,” Rashad al-Alimi said. Al-Alimi said all avenues for de-escalation had been tried before the operation began. Yemen declared the start of a large-scale military operation against the group, describing it as an effort to seize back all areas held by the Iran-backed movement.

One of the stated objectives is to regain control of the Bab al-Mandeb strait. The Houthis seized the strait in a lightning offensive down the coast that saw government forces collapse, and have held the initiative on the ground since. Their control of the coastal area and the surrounding mountains complicates any attempt by the government to take it back. The seizure happened only weeks ago.

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Iran keeps the Strait of Hormuz shut as more tankers are hit

Sun, 04 Oct 2026 14:23:00 GMT

Tehran says the waterway stays closed until the United States meets seven conditions, while attacks on shipping continue.

Iran’s parliament speaker, Qalibaf, said the Strait of Hormuz will not reopen until Iran’s conditions are satisfied. The conditions number seven and were set out in a June interim agreement with the United States, according to Nournews. The Hindu described the same set as the seven conditions of the June Islamabad Memorandum. An Iranian statement said the position is completely clear and firm, and that the strait will not be opened until the seven conditions are met. Washington fulfilling them is the stated requirement.

Tehran is framing the waterway, not the nuclear file, as the centre of any settlement. Iran’s foreign ministry said securing the Strait of Hormuz, or restoring security to it, requires specific steps from the American side, and called the strait the main focus of talks to end the war. Al Jazeera reported that reopening the strait has been Tehran’s main goal while the United States continues to focus on nuclear talks. Reuters said Iran presented a proposal during the UN General Assembly under which the waterway could be reopened and normal maritime passage resume.

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Saudi Arabia prepares an offensive to retake the Bab el-Mandeb strait

Sat, 03 Oct 2026 21:28:00 GMT

Riyadh and Yemeni government forces are planning a counteroffensive against the Houthis, and Washington has declined to join it for now.

Saudi Arabia and Yemeni government forces are planning a major counteroffensive against the Houthis in the coming days, aimed at pushing them away from the Red Sea coastal areas that control the Bab el-Mandeb strait, Axios reported, citing two US officials. Haaretz reported that regional and Western officials described the planned operation as aimed at breaking the Houthis’ control of the strait. Daily Sabah reported that the plan could involve the strait alone or a broader assault on several fronts, and that it could begin soon, citing regional and Western officials speaking to Reuters.

The Oman Observer reported that the people with knowledge of the plans include Gulf and Yemeni officials and Western diplomats. The Telegraph, the Siasat Daily, Daijiworld and TBS News all reported the preparations, with TBS News describing the operation as focused on retaking territory around the strait.

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US sends more Patriot batteries and a third carrier as it weighs new Iran strikes

Sat, 03 Oct 2026 21:28:00 GMT

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.

The US military has in recent weeks sent two additional Patriot missile batteries to protect oil and gas facilities in Saudi Arabia and Qatar, Axios reported, citing two US officials and one regional source. TokenPost reported the split: one battery assigned to an oil facility in Saudi Arabia and the other to a natural gas site in Qatar. Apa.az and Kashmir Life carried the same deployment. Haaretz, relaying the Axios account, reported that the batteries are intended to reassure two allies whose names its excerpt does not carry.

The air defence moves sit inside a wider buildup. Rudaw reported that Washington is sending a third aircraft carrier strike group and an additional Marine expeditionary unit to the region. The Daily Caller reported that 9,000 more troops are heading to the Middle East and that seven more warships are being deployed. Arab News reported that the ships now en route together carry over 7,000 sailors and 2,000 Marines.

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Six vessels struck in the Strait of Hormuz in a week

Sat, 03 Oct 2026 14:25:00 GMT

A British maritime agency reported two more tankers hit by unidentified projectiles, with crude close to $100.

Two oil tankers were struck by ‘unidentified projectiles’ in the Strait of Hormuz region, a British maritime agency said on Friday. Maritime Executive reported that the two strikes brought the total to six in a week, and identified one vessel as the Kuwait Oil Tanker Co. crude oil tanker Kazimah III, of 317,250 dwt, struck while transiting the strait. gCaptain put the number of vessels reported hit in the waterway since Sunday at at least six.

The counts do not agree. Fars, as reported by Kurdistan24, said seven ships had been targeted in five days. UKMTO had issued three separate warnings covering tanker attacks in the strait on September 29. Arab News also reported a tanker attacked in the strait, citing the UK maritime agency.

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Tankers struck in the Strait of Hormuz as Iran’s crude loadings fall to zero

Fri, 02 Oct 2026 21:24:00 GMT

Attacks on shipping are continuing even as Gulf oil flows and LNG traffic recover toward prewar levels.

A tanker was struck in the Strait of Hormuz by an “unknown projectile” while transiting outbound through the waterway, the British military said. The UK Maritime Trade Operations centre received a third-party report of a tanker hit by an unknown projectile while transiting the strait, resulting in a fire. A Kuwait-flagged very large crude carrier and a Panama-flagged tanker were reported hit, with fires on board. Arab News reported the attack on the account of the UK maritime agency.

Iran gave a different framing. Its Persian Gulf Strait Authority said three Emirati-owned tankers struck in the strait in recent days had been hit after breaching Hormuz rules.

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US Adds a Third Carrier and More Patriot Batteries Around Gulf Energy Sites

Fri, 02 Oct 2026 14:31:00 GMT

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.

The US military in recent weeks sent two additional Patriot missile batteries to protect oil and gas facilities in Saudi Arabia and Qatar, according to two US officials and one regional source. The stated purpose was to reassure both allies that Washington would protect their key energy facilities if President Donald Trump decides to resume major combat operations against Iran.

The naval buildup ran in parallel. The United States is deploying about 9,000 troops to the Middle East aboard ships as Trump warns of potential strikes on Iran. Other accounts put the figure at up to 10,000 alongside an additional aircraft carrier. A third carrier strike group is being sent toward the region, giving Central Command additional options according to a US official.

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