Oil

Russia's Foreign Ministry acknowledged that the vessel was adrift in the Mediterranean and said Russia's further involvement in resolving the situation depended on "concrete circumstances."

The potential capture of the oil depot would require, in a first for the ongoing US Operation Epic Fury, American troops to step foot on Iranian soil.

"The Iranians are managing to bring in money almost as usual," he said, arguing that the actual rise in energy markets is due to speculations and not an actual shortage.

One Trump adviser says tensions with Iran have historically added $5–$15 per barrel via risks to the Strait of Hormuz.

Jordan and Saudi Arabia confront direct security threats while Egypt faces financial pressure from disrupted trade, tourism, and energy markets.

Fires are still burning in parts of the island, with regime authorities insisting that operations at Iran's most critical oil export terminal must continue without interruption.

A drone strike caused a fire at an Iraqi refinery, while Saudi Arabia intercepted Iranian missiles and drones targeting key regions.

Trump suggests more strikes on Iran’s Kharg Island oil hub, calls Khamenei’s survival uncertain, and dismisses current deal terms as insufficient.

How can the US deliver a decisive blow that weakens the regime while accelerating the possibility of internal change?

At least 10 ships operated by Greek companies, and at least two Chinese-operated vessels, have sailed through the strait between Iran and Oman since US and Israeli strikes began on February 28.