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GULF CONFLICT NEWS
Oil Price Today (October 7): Crude oil rises to $101, up 45% in 3 months. Two reasons behind Wednesday’s surgeBrent futures gained 93 cents, or 0.92%, to $101.51, while US West Texas Intermediate (WTI) crude rose 90 cents, or 1.01%, to $90.30 a barr...- Oil Price Today (October 6): Crude oil below $101 as supply concerns ease but Houthi attack keeps traders on edgeBrent crude futures gained 20 cents to $100.54 a barrel, while US West Texas Intermediate crude futures rose 12 cents, or 0.13%, to $89.50 ...
- Oil Price Today (October 5): Crude oil dips $101 despite simmering Iran war tensions. Here’s whyBrent crude futures fell 70 cents, or 0.69%, to $101.60 a barrel, while US West Texas Intermediate crude was at $90.15 a barrel, down 90 ce...
- Trump weighs fresh Iran strikes as US sends 9,000 more troops to Middle EastThe US military is deploying approximately 9,000 additional troops to the Middle East aboard ships for heightened tensions with Iran. Presi...
- Five suspects bailed after suspected RAF Fairford plot as UK police face questionsThe U.K. counterterrorism police released five suspects arrested near a U.S. air force base in England. Investigations revealed no explosiv...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25% according to analystsThe coming earnings season will reflect the impact of the bad monsoon, higher oil prices, and, in pockets, higher inflation. Given that, in...
- Eight US Marines injured in Iranian attack in Hormuz as number of wounded service members surges to 861Eight US Marines suffered injuries from smoke inhalation and concussion symptoms following an Iranian missile attack earlier this month. Th...
- Russian crude supplies enabled India to cushion against oil supply shocks caused by West Asian war: Deputy FMRussia has significantly increased oil supply to India in response to disruptions from the conflict in West Asia. Indian imports of Russian...
- Russia accuses Europe of seeking to thwart Ukraine talksRussia's Foreign Minister Sergei Lavrov accused Europe of obstructing peace negotiations related to the Ukraine conflict. He claimed that M...
- Iran says it is up to US to choose if it wants to end Iran war; Tehran denies seeking nuclear weaponsIranian President Masoud Pezeshkian emphasized that the decision to end the ongoing conflict lies with the United States. He highlighted du...
- 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 sets 7 conditions for talks with US through Qatar, warns of "decisive war" if Trump rejects demandsIran has conveyed seven conditions to the United States through Qatar for beginning negotiations to end the ongoing war, including ending h...
- Iran claims it struck an oil tanker in the Strait of HormuzIran reports striking an oil tanker in the Strait of Hormuz. Hundreds of thousands rallied in Tehran showing strong government support. Sou...
- Two US-bound vessels apparently compromised by hackers, US officials sayUS Coast Guard and FBI personnel boarded two foreign-flagged commercial vessels bound for the United States last month after receiving indi...
- Ready to fulfil obligations under Makkah defence pact: PakistanPakistan affirmed its commitment to the Makkah defence agreement with Turkiye and Saudi Arabia. The pact ensures collective deterrence agai...
- Iranian drones, missile target US-contracted vessel near Strait of Hormuz, crew injured: ReportA US-contracted vessel faced an Iranian drone and missile strike near the Strait of Hormuz. Minor crew injuries, including smoke inhalation...
- US military says it destroyed 2 small Iranian boats trying to steal a sea droneThe US military destroyed two Iranian boats attempting to seize a drone ship. This incident occurred in waters off Iran, escalating recent ...
- US crude shipping costs to China hit record as Middle East war disrupts oil flowsShipping costs for US crude oil to Asia have reached record highs. This surge is driven by Middle East energy flow disruptions and increase...
- Houthis strike Saudi targets anew as talks over Strait of Hormuz stallIran-aligned Houthis launched fresh attacks on Saudi Arabia as their advances along Yemen’s Red Sea coast intensified pressure on Riyadh. G...
- Fresh strike on vessel in Hormuz, Houthi takeover of Bab el-Mandeb Strait sees West Asia simmer as BRICS calls for peaceA vessel was struck by an unknown projectile while transiting the Strait of Hormuz. Yemen's Houthis seized a key Red Sea port and struck Sa...
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