Military Escalation in the Gulf: Global Oil Markets React as US Strikes Iranian Targets.
Brent crude prices surged by over 2% following targeted US military strikes in southern Iran. The escalation comes at a sensitive time as diplomatic efforts in Qatar face delays, leaving the global energy market on edge regarding the stability of the Strait of Hormuz.
Iraq Shifts to Overland Oil Exports Via Syria Amid Hormuz Blockade.
As the US-Israeli conflict with Iran renders the Strait of Hormuz effectively impassable, Iraq has launched a massive overland oil transport operation through Syria to reach international markets via the Baniyas port.
Global Oil Supply Threatened as Iran Suspends Strait of Hormuz Tanker Transit.
Iran has suspended oil tanker movement through the critical Strait of Hormuz following intense Israeli military strikes in Lebanon, escalating geopolitical tensions despite recent ceasefire efforts.
Tensions Escalate: U.S. Strikes Iran’s Oil Hub as Deadline Looms.
President Trump has issued a severe ultimatum to Iran, threatening devastating consequences if the Strait of Hormuz is not fully opened. U.S. forces have struck the Kharg Island oil export hub as diplomatic channels stall.

















