Tuesday, 25 August 2026
Tuesday, 25 August 2026
Tuesday, 25 August 2026
Breaking
global oil supply
U.S. Strikes Iran Over Red Sea Blockade; Tehran Retaliates
U.S. forces launched extensive missile strikes across Iran on Friday after President Donald Trump vowed "major military punishment" against Tehran and its Houthi allies in Yemen. The strikes target the
Oil Prices Jump 4% as US-Iran Clashes Threaten Key Shipping Lane
Global oil prices jumped over 4% on Monday following renewed military strikes between the US and Iran, raising fresh fears over the security of the Strait of Hormuz a critical
US, Israel - Iran War / New US Proposals Under Review as Tensions Rise in Strait of Hormuz
Iran’s Supreme National Security Council confirmed it is reviewing "new proposals" from the United States delivered via the Pakistani Army Chief acting as a mediator.
US, Israel - Iran War / Iran Resumes Closure of Strait of Hormuz Again Over US Blockade
The brief hope for a free-flowing global oil supply was dashed on Saturday as Iran’s central military command announced it would resume "strict management" of the Strait of Hormuz.
US, Israel - Iran War / Oil Prices Fall as Trump Signals Pause, India Cuts Duty
Global oil prices declined on Friday, heading for their steepest weekly drop in six months, as easing geopolitical signals and policy moves by India helped calm markets.
US Iran War / U.S. Eases Sanctions on Venezuela’s Oil to Boost Supply
The U.S. Treasury Department issued a general license on Wednesday allowing U.S. companies to do business with Venezuela’s state-owned oil company, Petróleos de Venezuela S.A. (PDVSA).
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