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Persian Gulf
U.S. strikes more Iranian tankers after second missile attack on Navy warship
The U.S. military struck multiple Iranian oil tankers on Tuesday after Iran launched a second wave of missile attacks against an American warship, according to a U.S. official who spoke to the Associated Press on condition of anonymity. The strikes,…
US missile strikes Iranian tanker near Kharg Island
A US missile struck a small Iranian oil tanker approximately four miles from Iran's Kharg Island on Tuesday, according to Iran's IRGC-affiliated Tasnim news agency, in the latest escalation of a conflict that has pushed oil prices toward $100 a…
Iran threatens US energy assets, declares Gulf exclusion zone
Iran has declared it possesses the full capability to strike US Navy vessels enforcing an economic blockade on Iranian shipping and announced plans for a new maritime exclusion zone stretching across the Persian Gulf, marking what Tehran describes as a…
Iran says Qatar held three of its pilots since March
Iran on Saturday accused Qatar of detaining three of its military pilots since early March, when their Su-24 fighter jets were shot down during the opening days of the war with the United States and Israel, and appealed to the…
OPEC output rose in July led by Gulf nations, Bloomberg survey finds
OPEC's crude oil production continued its recovery from wartime lows in July, with gains in Kuwait, Saudi Arabia, and Iraq accounting for almost all of the increase, according to a Bloomberg survey published Tuesday. Supplies from the Organization of the…
US launches seventh night of strikes on Iran as fighting spreads across Gulf
The United States launched a seventh consecutive night of airstrikes against Iran on Friday, while Tehran escalated its retaliatory campaign against U.S. military facilities and allied civilian infrastructure across the Persian Gulf, deepening a conflict that shows no signs of…
Saudi Aramco makes rare spot oil sales to Asia as Gulf exports surge
Saudi Aramco has sold at least 6 million barrels of crude oil on the spot market to customers in South Korea, Japan, and China, in a highly unusual move as the world's largest oil exporter ramps up shipments from inside…
Analysts cut 2026 oil forecasts as Gulf output rebounds faster than expected
Global oil prices have fallen sharply to pre-war levels as production across the Persian Gulf recovers at a pace that has surprised analysts, just weeks after the United States and Iran agreed to a ceasefire and the Strait of Hormuz…
Asian refiners ship Middle Eastern crude to California amid Gulf oil glut
Surging Persian Gulf crude output is upending traditional oil trade flows, with Asian refiners redirecting Middle Eastern barrels to destinations as unlikely as California and Hawaii — a sign that the post-war rebalancing of global energy markets is proving more…
US military confirms loss of KC-135 tanker over Persian Gulf
A US Air Force KC-135 Stratotanker vanished from radar over the Strait of Hormuz on Tuesday after broadcasting a 7700 emergency distress signal, raising alarm on the second day of Operation Project Freedom, the American military operation to guide commercial…