Somali businesses are seeking alternative shipping routes due to disruptions and security concerns around the Bab al-Mandab Strait and the Strait of Hormuz after Iran-backed Houthis captured a key port city and an island, sending thousands of Yemenis fleeing to neighboring Djibouti
September 13, 2026Iran reports commercial vessel struck in Strait of Hormuz
September 13, 2026State-run media in Iran say an Iranian commercial vessel has been struck off Qeshm Island in the Strait of Hormuz, with one person killed and four wounded
September 13, 2026Iraq says an attack on a key Saudi oil pipeline was launched from its territory, and U.S. President Donald Trump says Iran is “probably” behind it
September 12, 2026Can the oil market survive a forever war with Iran?
September 12, 2026‘A f***-up of epic proportions’: Blame game begins after Iran-backed Houthis’ lightning advance down Red Sea coast
September 12, 2026Iranian allies captured a strategic Red Sea island in a vital waterway. Here’s what to know
September 10, 2026Oil prices extended gains to multi-week highs on Tuesday as risks of a prolonged conflict in the Middle East grew after Iran threatened to
September 08, 2026Yemen's Tehran-backed Houthis attacked energy facilities and cities in U.S. ally Saudi Arabia on Tuesday, wounding more than 70
September 08, 2026Shipping traffic through the Strait of Hormuz slowed at the start of this week, after Iran threatened on Monday to retaliate for any new U.S. attacks.
September 08, 2026Iran state media says a ballistic missile with improved capabilities demonstrates Tehran's shifting stance toward taking preemptive action against threats
September 08, 2026Oil prices rose to a six-week high on Monday as Iran vowed to strike energy infrastructure across the Middle East in response to further U.S. attacks on its
September 07, 2026Global shares are mixed, with benchmarks in Tokyo and Seoul leading gains thanks to buying of computer chipmakers
September 07, 2026The U_S_ military has denied that Iran struck an uncrewed American military vessel in the Strait of Hormuz, calling the claim a “total lie.”
September 06, 2026A senior Iranian official says Tehran plans to announce an “exclusion zone” outside the Strait of Hormuz, targeting vessels it believes are attempting to transit the waterway
September 06, 2026Six months after a conflict that rattled markets and pushed the Gulf to the brink of a wider war, the tide may be turning against Iran as Washington
September 06, 2026OPEC+ kept its oil output policy unchanged for October at a meeting on Sunday, it said in a statement, as the producer group
September 06, 2026US military strikes three Iranian tankers in retaliation for missile attacks
September 05, 2026Oil prices rose on Friday, ending the week substantially higher after the
September 04, 2026Stocks fell on Wall Street and Treasury yields rose after a surprisingly strong report on the job market appeared to increase chances that the U.S. central bank could raise interest rates later this month
September 04, 2026Citadel has held talks to buy U.S. oil production assets, as the hedge fund and commodities trader considers expanding further into owning physical assets,
September 04, 2026Vice President JD Vance says he wouldn't call the U.S. conflict with Iran a “war,” despite recent escalations
September 04, 2026South Korea is reviewing options, including military measures, to support freedom of navigation in the Strait of Hormuz, the presidential
September 04, 2026U.S.
September 04, 2026
