Business
Red Sea Tanker Attacks Push Oil Above $96 a Barrel
Houthi claims against two Saudi tankers have exposed the weakness in plans to bypass Hormuz, sending Brent higher as two vital shipping routes face risk.
Jul 23, 2026
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5 stories for“red sea tanker attacks”
Business
Two Filipino Seafarers Were Killed on a Tanker in Hormuz, and the Retaliation Reached Kermanshah
The Saudi carrier Bahri says two crew died in a security incident aboard the SIDR while transiting the strait on 31 August. Iran says four IRGC aerospace personnel were killed in United States strikes days later.
Sep 5, 2026
Business
Oil Is Back Near $100, but the Outlook Splits Between Shipping Risk and Weak Demand
Brent's renewed jump toward $100 reflects Middle East shipping danger, while IEA and EIA forecasts point to demand destruction and lower prices if supply routes normalize.
Jul 25, 2026
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Saudi Arabia Stopped Loading Oil at Yanbu, a Houthi Drone Was Shot Down South of Mecca, and Four Ships Crossed Hormuz
With the East-West pipeline still shut, no Saudi crude has left the Red Sea since 11 September and Europe's late-September cargoes are being cancelled. The coalition called the Mecca drone a red line. An American drone killed the crews of two IRGC boats.
Sep 17, 2026
Latest Trends
Iran Says It Will Declare a Restricted Zone Beyond Hormuz, Names Oman as Corridor Partner, and Jizan Is Hit Again
Mohsen Rezaei says any ship entering a zone that starts at the American blockade line will be put on an Iranian sanctions list. The same day Aramco's Jizan refinery took a second strike in a month, Brent passed 97 dollars, and flydubai cut its schedule.
Sep 8, 2026
