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Saudi Arabia Strikes Houthi Targets as Red Sea War Escalates

13 October 2026 at 19:48
Yemen's Iran-allied Houthis said Saudi Arabia was attacking the Yemeni capital Sanaa on Tuesday after a Saudi-led coalition warned civilians to stay away from an oil depot on the city's outskirts, part of a rapidly escalating war between the sides.

Iran Says US Response To Its Proposal To Reopen Hormuz Was ‘Insufficient’

12 October 2026 at 00:13
DUBAI, Oct 11 (Reuters) – The United States’ response to Iran’s seven conditions in a proposal to reopen the strategic Strait of Hormuz was “insufficient”, Iran’s security chief, Mohsen Rezaei, was quoted by state...

Republican Senator Says Trump’s Russian Diesel Deal May Be Illegal

11 October 2026 at 18:31
By Jan Wolfe Oct 11 (Reuters) – Republican US Senator Thom Tillis on Sunday said President Donald Trump’s diesel supply deal with Russia may be illegal and will put American lives at risk, adding to bipartisan...

More Tankers Hit in Hormuz as U.S. Strikes Cargo Ship

11 October 2026 at 15:28
Two more tankers have been struck in the Strait of Hormuz as U.S. forces disable a cargo vessel in the Gulf of Oman, extending a sharp escalation in attacks on commercial shipping.

US Says It Disabled Cargo Vessel Trying To Run Iran Blockade

11 October 2026 at 04:02
Oct 10 (Reuters) – The US military said on Saturday it had disabled a commercial cargo vessel in the Gulf of Oman after the ship’s crew ignored warnings and attempted to run...

Trump Strikes Diesel Deal With Putin to Lower Fuel Prices Ahead of Midterms

9 October 2026 at 21:34
President Donald Trump said Friday that Russia has agreed to release millions of tons of diesel fuel into U.S. and global markets following a telephone call with Russian President Vladimir...

U.S. Sanctions 22 More Tankers in Crackdown on Iran’s Shadow Fleet

8 October 2026 at 19:25
The United States on Thursday imposed sanctions on 22 tankers and dozens of individuals and companies linked to Iran’s oil trade, expanding its campaign to cut off Tehran’s remaining petroleum...

Iran’s Offshore Oil Stockpile Nears Exhaustion as Blockade Chokes New Supply

6 October 2026 at 20:53
Iran’s offshore crude stockpile in Southeast Asia is being rapidly depleted as the U.S. maritime blockade prevents fresh barrels from leaving the Persian Gulf, according to new tracking data from...

Gulf Oil Flows Rise to Average 81% of Pre-war Rate in September

6 October 2026 at 18:41
Gulf oil flows excluding Iran surged to over 81% of pre-war levels in September, data showed, led by a recovery in Saudi exports despite attacks on the kingdom's oil infrastructure and escalating Iranian attacks on regional shipping, while Iranian exports fell to zero due to a US blockade.

A Dozen Seafarers Injured in Strait of Hormuz Tanker Attack, India Says

6 October 2026 at 16:14
Twelve seafarers were injured after a Panama-flagged oil tanker was struck by a projectile while transiting the Strait of Hormuz, according to India’s Ministry of External Affairs, marking one of...

Opinion: Oil’s New Problem Isn’t Supply. It’s Logistics

5 October 2026 at 17:13
Middle East crude exports recently climbed to their highest levels since the start of the Iran war as more Gulf producers resume transit through the Strait of Hormuz – despite the continued threat of Iranian attacks. Yet oil prices remain stubbornly elevated, suggesting logistical problems are proving as disruptive as outright supply losses.
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