Monday, 23 June 2025 () U.S. airstrikes on Iranian territory have sharply raised fears of retaliation that could target key oil infrastructure and shipping lanes. The Strait of Hormuz, a critical oil transit chokepoint, is at the center of concerns over potential supply disruptions. Oil prices initially spiked but remain volatile as markets closely watch for Iran’s next move and possible escalation. 1m ago 4:03am CST Israel and Iran Continue to Trade Strikes The Israeli Air Force has confirmed a fresh wave of airstrikes targeting military sites in Tehran, escalating…
Iran’s parliament has voted to close the Strait of Hormuz, a vital oil route carrying 20% of global crude. Though the final decision awaits the Supreme National Security Council, the move is seen as retaliation to U.S.-Israel attacks on Iranian nuclear sites. A closure would rattle global oil...
In a chilling response to Trump’s strikes on Iran’s nuclear facilities, Iran’s Hatam al-Anbiya Air Defense HQ has issued a grave warning to the United States. Tehran vowed consequences “beyond..
On June 21, the U.S. attacked Iran’s key nuclear facilities at Fordow, Natanz, and Isfahan. Iran confirmed damage but said nuclear materials were moved beforehand with no leaks detected.
The UN..
Israeli forces have recovered the bodies of three hostages taken during the brutal Hamas-led assault on October 7, 2023. Civilians Ofra Keidar and Yonatan Samerano, along with soldier Shay Levinson,..
After U.S. airstrikes on Iran, some oil tankers did U-turns, paused, or avoided spending even a minute longer than necessary when crossing the Strait of... OilPrice.com