CENTCOM said U.S. forces destroyed five Iranian oil tankers after ballistic missile attacks on a Navy ship, escalating risks around Hormuz.
Iran’s Revolutionary Guards attack a Greek-owned oil tanker in the Strait of Hormuz, signaling increased maritime risks and strategic shifts affecting global oil transport.
The US is negotiating to restore an Iraq-Syria oil pipeline to bypass the Strait of Hormuz, aiming to reduce Iran's influence and secure alternative energy export routes.
The US launched a third wave of strikes on Iran after the IRGC attacked a civilian container ship in the Strait of Hormuz, leading to the strategic waterway's closure and escalating regional tensions.
The US lifts its naval blockade of the Strait of Hormuz, reopening a vital oil passage and setting a 60-day negotiation period aimed at a broader peace deal with Iran.
The UAE reportedly unblocked billions in Iranian assets to halt missile attacks, though the Foreign Ministry denies it. This move coincides with nearing US-Iran peace talks.
President Trump halted planned airstrikes on Iran amid promising negotiations, signaling a potential multinational nuclear agreement with significant regional and business implications.
Donald Trump reveals China’s renewed interest in buying U.S. oil and soybeans, hinting at shifting trade dynamics and potential influence on Iran amid recent talks with Xi Jinping.
The US extends its suspension of sanctions on Russian oil sales until May 16, balancing geopolitical pressure with global energy market stability amid rising Russian revenues.