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BLACK SEA BLOCKADE
The Other Hormuz: Black Sea blockade threatens a food supply shockCombined Russian and Ukrainian wheat exports are estimated to end up at roughly half what they were last year for the July to September har...- Iran warns against new escalation by US and alliesIran has issued a stark warning of severe retaliation aimed at the United States and its allies, claiming to have intelligence about an imp...
- UN General Assembly 2026: Trump returns to the world stage as Ukraine, Middle East wars and AI risks dominate agendaThe UN General Assembly takes center stage in New York this week, bringing together global leaders to debate pressing issues such as the Mi...
- Smoke visible near Riyadh airport after Saudi Arabia issues all-clearA large plume of smoke was seen near Riyadh’s main airport after explosions and overnight alerts warned of potential danger around the Saud...
- Russia squeezed, Saudi route hit, China circles: Why India's oil bill could get heavierIndia is encountering soaring costs for crude oil imports due to ongoing global supply chain issues. Disruptions in Saudi oil export infras...
- Iran-backed Houthis seize Yemen’s entire Red Sea coast, three strategic islandsThe Iran-backed Houthis seized control of Yemen's entire Red Sea coast and captured three strategic islands on Friday, in a lightning offen...
- Iran seizes US submarine drone, Houthis hit four Saudi citiesThe escalation of hostilities in the region bordering Yemen is already deepening worries about additional supply disruptions as energy ship...
- Iran launches ballistic missiles at US air bases in Jordan, claims state mediaIran claimed to have launched ballistic missiles at two US air bases in Jordan after American forces struck Larak Island. Iranian media sai...
- Oil inches toward $90 on tanker attacks, lack of progress in Iran war peace dealCrude oil futures experienced an upward trend on Friday due to disruptions from tanker attacks and the stagnation of peace talks. Brent cru...
- US warns Iran it will step up economic pressure; two more ships attacked in HormuzShip traffic in the Strait of Hormuz slowed significantly after two vessels were attacked. The United States stated it can maintain a naval...
- Ukraine offers Russia truce in Black Sea as food supply fears mount, source saysUkraine has proposed a halt to attacks on civilian targets in the Black Sea. This offer was transmitted via a third party, and Ukraine awai...
- Global oil supply shortfall to deepen as Hormuz reopening remains elusive, IEA saysGlobal oil supply will fall by 4.3 million barrels daily this year. Renewed Middle East hostilities are disrupting supplies and deepening t...
- Decades of farm gains, inventories strengthen food system against 'super' El NinoNear-record food inventories, improved farming technology and stronger exporters such as Brazil and Russia are expected to cushion the glob...
- Global Market: Goldman Sachs sees Brent crude trading at $80-$90 until Iran conflict outlook clearsGoldman Sachs forecasts Brent crude prices between $80 and $90 per barrel. This range persists until clarity emerges on US-Iran nuclear tal...
- Oil prices surge 20% in July as US-Iran war heightens Strait of Hormuz tensionsOil prices saw volatility last week but are set for significant monthly gains. Escalating United States-Iran tensions and Houthi attacks ar...
- Zelenskyy claims Russia providing satellite intel on US bases and Gulf states to IranUkrainian President Zelenskyy stated Russia provides satellite intelligence to Iran for strikes. He also revealed Russia prepares to house ...
- Oil falls on report of China pushing for end of US-Iran warCrude oil futures prices experienced a significant drop on Friday. Hopes for renewed peace talks between the United States and Iran emerged...
- Crude oil prices rise 10% this week but China enters fray to push for end to Iran war. What’s next?Crude oil futures experienced a significant decline on Friday. This drop followed reports of China's initiative to restart stalled US-Iran ...
- US military says it fired on another merchant vessel trying to breach its blockade of Iranian portsThe US disabled a second merchant vessel enforcing its blockade of Iranian ports as Iran targeted US-linked bases across the Gulf. Fighting...
- Oil set for weekly rise amid Red Sea shipping attacks, Kazakhstan output cutsOil prices are poised for weekly gains amid Red Sea shipping concerns. Houthi attacks on tankers have raised fears about a key shipping rou...
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