Oil
US sanctions Iranian oil shipping network run by son of Ali Shamkhani
Shamkhani’s network had previously been sanctioned by the Treasury in July of 2025. The US issued 115 sanctions against the group, according to a Treasury press release at the time.
Iran offers proposal allowing ships to exit Oman side of Hormuz free of attack, source says
Qatar warns 'full-fledged' Iran war impact about to hit global economy
Iran’s economy could collapse within three months under naval blockade, experts warn
South Korea envoy to visit Kazakhstan, Oman, Saudi Arabia to secure oil supplies
South Korea is also working with international partners to ensure the safe passage of 26 South Korean-flagged vessels currently waiting inside the Strait of Hormuz, the envoy said.
Strait of Hormuz closure has raised oil prices, but not without precedent - analysis
Even as gas prices have risen in recent weeks, another set of numbers has remained relatively contained: the markets.
IDF strike kills Head of Commerce at Iranian regime's oil headquarters
The IRGC's Oil Headquarters generates billions of dollars annually in profits for the Iranian regime's brutal police force through oil sales.
Iranian drone attack sparks fire at Shuwaikh Oil Complex in Kuwait
The drone attack caused a fire at the Shuwaikh Oil Sector Complex, but no injuries were reported.
World food prices set to continue soaring if Iran war persists, says UN report
The global surge in food prices comes as the Strait of Hormuz, a key shipping route in the Middle East, remains shut down as governments scramble to reopen it.
IDF kills Iranian ballistic missile chief, US strike targets key supply bridge in Tehran
US strike targets a major highway bridge connecting Tehran to Karaj, with a source saying the strike was intended to disrupt Iranian supply routes used to transport missile and drone components.
Gulf states consider bypassing Strait of Hormuz with new oil pipelines via Haifa - FT
The Financial Times reported that the Gulf states aim to create a new network of pipelines, roads, and railways to stop relying on the Strait of Hormuz.
Bahrain's Strait of Hormuz resolution runs into fresh obstacles at UN
Bahrain's initial draft had explicitly invoked Chapter VII of the UN Charter, which allows the Security Council to authorize measures ranging from sanctions to military force.
Exposing the hidden forces in the Iranian war
Shir Perets debunks viral claims and examines the narratives driving the conversation around Israel and the war.
Iran war 'shock' is dimming outlook for many economies, IMF says
The International Monetary Fund warned that the war in Iran was causing a global, but asymmetric shock and leading to tighter financial conditions.
