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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11 stories for“saudi oil tankers”
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
Brent Climbs Back to $97 After Its Two-Month Low as Iran Reports Tanker Fires in Hormuz and Trump Weighs a Deal
Thursday's bounce recovered part of Wednesday's near 9 percent plunge, with the IRGC saying two tankers and a tugboat caught fire and UKMTO logging a projectile strike off Qatar.
Nov 5, 2026
Business
OPEC+ Seven Hold November Oil Output Steady as the Closed Strait of Hormuz Keeps Brent Above $100
Saudi Arabia, Russia and five other members agreed on Sunday to leave production unchanged for November and to meet again on 1 November, two days after the G7 announced its own emergency oil release.
Oct 4, 2026
Business
The Strait of Hormuz Has Been Shut for Almost Six Months. Oil Is at $93, Not $200, and That Gap Is the Story.
A potential war is the wrong frame. Fighting began on 28 February and the strait closed on 4 March. The economic damage is real and measurable, and it is far smaller than the forecasts issued in the first month, for reasons worth understanding.
Aug 22, 2026
