Oil
Iran’s oil gamble could turn Gulf attrition into Tehran’s own nightmare - opinion
As attacks spread across Gulf energy infrastructure, Iran may discover its own oil economy cannot survive prolonged attrition.
Ukraine attacks Russian oil refinery 700 km deep into Russian territory
NATO not drawing up plans for Hormuz mission, top commander says
US sanctions Iranian foreign currency exchange, international front companies
Saudi Arabia asks US to end Hormuz blockade amid worries of possible Houthi retaliation - WSJ
Saudi officials appear to be weighing not only the direct risks in the Gulf, but also the possibility that Iran could respond through allied forces elsewhere in the region.
Food shortages and rising costs: UN agency warns of global food crisis if Hormuz remains blocked
The closure of the narrow waterway, which normally carries around a fifth of global Liquified Natural Gas supplies, will have a rippling impact beyond the Middle East, Maximo Torero warned.
IMF warns of potential global recession if Iran war worsens in latest economic outlook report
The report notes that the worst-case "severe scenario," which assumes an extended conflict and high oil prices, would lead the world into another recession.
Iran’s oil minister: Crude sales remain strong, revenue to aid industry repairs
Iran’s oil sales remain strong despite the ongoing conflict, with revenue allocated to repairing industry damage caused by wartime attacks, says the oil minister.
Chinese tanker sanctioned by US crosses Strait of Hormuz despite blockade
A US-sanctioned Chinese tanker, Rich Starry, crosses the Strait of Hormuz, becoming the first to exit the Gulf since the US blockade began, carrying methanol from the UAE.
NATO allies refuse to join Trump's Strait of Hormuz blockade
Trump said the US military would work with other countries to block all maritime traffic in the waterway, after weekend talks failed to reach an agreement to end the six-week conflict with Iran.
What does a US naval blockade of Iran mean for oil flows? - explainer
After weekend peace talks in Islamabad between negotiators from the US and Iran ended without a deal, US President Donald Trump ordered a full blockade on the Strait of Hormuz.
IMF warns Strait of Hormuz might never be back to normal
The IMF warned that the situation at Hormuz could be similar to the one in Bab-al-Mandeb, where shipping lanes haven’t yet recovered ever since the first Houthi attack.
Americans weigh in on the Iran war, gas prices, their fears
Reuters spoke with 16 people across Indiana, New York, California, Georgia, and Colorado to understand how they are processing the war amid rapid news cycles and a fractured political landscape.
US says Iran lost track of mine locations spread in Strait of Hormuz, complicating reopening - NYT
The mines, which were laid by small boats and without a clear record of where they were placed, make the Strait of Hormuz almost impossible to transit.
