Strait of Hormuz
-
Hegseth Signals Escalated Pentagon Strategy Against Iran
Defense Secretary Pete Hegseth announced an intensified campaign against Iran’s military infrastructure, emphasizing the systematic destruction of missile production capabilities.
-
US Gas Prices Surge Amid Iran Conflict, International Reserves Tapped
Average U.S. gas prices have climbed to $3.60 per gallon, the highest since May 2024, as the conflict involving Iran disrupts global oil supplies and prompts a record release from international energy reserves.
-
Brent Crude Hits $100 as Strait of Hormuz Standoff Deepens
Global energy markets remain in turmoil as Brent crude breaches $100 per barrel following Iranian attacks on commercial shipping in the Strait of Hormuz.
-
Brent Crude Oil Surges Past $100 Amid Escalating Middle East Tensions
Brent crude oil prices have climbed above $100 per barrel, driven by intensified attacks on shipping routes by Iran, exacerbating global supply concerns and market volatility.
-
Global Oil Reserves Released as Strait of Hormuz Stalls
Nations agree to release 400 million barrels of oil as conflict in the Strait of Hormuz effectively halts transit, triggering global economic concerns.
-
Gulf Conflict Intensifies Amid Shifting Alliances and Escalating Tensions
The Gulf conflict, allegedly sparked by the US and Israel, sees Iran offering passage through the Strait of Hormuz in exchange for expelling foreign envoys, while Hezbollah continues strikes and former US President Trump comments on the war’s status.
-
Oil Prices Soar Past $115 as Iran Conflict Disrupts Supply
The Iran war has caused Brent crude oil prices to jump past $115 a barrel, disrupting global oil flows and sparking fears of economic instability worldwide.
-
Oil Prices Breach $100 as Iran Conflict Disrupts Global Supply
Global oil prices have surged past $100 per barrel as the escalating conflict with Iran threatens critical shipping lanes in the Strait of Hormuz, sparking fears of a new inflationary shock.
-
IRGC Confirms Hormuz Closure, Targets $200 Oil
Iran’s IRGC officially confirmed its strategy to close the Strait of Hormuz and target oil pipelines, aiming for $200 per barrel oil. This signals a new phase of economic warfare.
-
Oil Prices Post Biggest Weekly Gain in Decades Amid Volatility
U.S. crude oil recorded its largest weekly gain since 1983, soaring over 35%. Brent crude also saw a significant jump, signaling heightened market volatility and concerns.
-
IRGC Spokesman Challenges Trump on Hormuz Ship Escorts
Iran’s Islamic Revolutionary Guard Corps spokesman challenged US President Donald Trump to send naval escorts for tankers in the Strait of Hormuz, escalating regional tensions. The move comes amid a widening conflict and disrupted global energy flows.
-
Strait of Hormuz Blocked, Tanker Traffic Plummets 90%
Marine traffic in the Strait of Hormuz has fallen by 90% after Iran announced control of the vital waterway, triggering global trade disruptions. Major shipping companies have suspended bookings.
-
US Gas Prices Surge Past $3.20, Defying Earlier Forecasts
U.S. gas prices unexpectedly surged to $3.20 per gallon in early March 2026, reaching a multi-month high.
-
Rising Tensions in Middle East Impact Global Oil Supply and Markets
Escalating military actions in the Middle East have unsettled global markets and raised concerns over the security of critical oil supply channels.
-
Ireland’s Fuel Prices Soar Amid Escalating Iran Conflict
Irish consumers face significant fuel and home heating oil price hikes following the Iran conflict that began Saturday. Global oil market volatility is driving costs up, prompting calls for government intervention.