News

Oil prices rise above $100 again over Strait of Hormuz attacks  Yahoo Finance

Projectile fragments hit Hapag-Lloyd container vessel near Strait of Hormuz  Reuters

'S Jaishankar, Iran Minister Spoke': Foreign Ministry After Oil Tanker Arrives  NDTV

Iran May Allow Indian Tankers Through Hormuz Despite Ongoing Shipping Attacks  Crude Oil Prices Today | OilPrice.com

Iran tightens grip on Strait of Hormuz, targets Gulf energy sites and ships as conflict escalates  CBC

Live Updates: Iran's war tactic of punishing U.S. Gulf allies sends oil prices back up and stock markets down  CBS News

Oil price surges as Iran steps up attacks on ships in the Persian Gulf  NPR

Went dark on a shadow voyage: How India-bound vessel crossed Strait of Hormuz  The Times of India

Iran targets Gulf nations with missiles, drones as oil prices soar  Al Jazeera

Strait of Hormuz: Iran’s attacks on shipping worsen economic concerns  France 24

Saudi and UAE ambassadors to the UN condemn Iranian attacks ahead of Security Council meeting.

LONDON, March 12 (Reuters) - The war in the Middle East is creating the biggest oil supply disruption in the history of the global market, the International Energy Agency said on Thursday, a day after the agency agreed to release a record volume of oil from strategic stockpiles. Middle East Gulf countries have cut total oil production by at least 10 million bpd - a volume equal to almost 10% of world demand - as a result of the conflict, the agency said in its latest monthly oil market report. Without a rapid restart of shipping flows, these losses are set to increase, IEA said.

China Halts Fuel Exports as Hormuz Crisis Tightens Global Supply  Crude Oil Prices Today | OilPrice.com

Iran’s new Supreme Leader says Strait of Hormuz should be used as leverage  The Globe and Mail

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Iran Breaks Silence After Reports Claim Tehran Allowed Indian Oil Tanker Through Strait Of Hormuz  The Times of India

TEHRAN, Mar. 12 (MNA) – Iran’s ambassador and permanent representative to the United Nations has said that the country’s defensive operations are not against the national sovereignty and territorial integrity of Bahrain.

Trump says oil companies should use Strait of Hormuz, touting US progress  S&P Global

IEA director says energy markets at 'critical turning point' IEA Executive Director Fatih Birol said on Thursday that global energy markets are at a "critical turning point," after his agency on Wednesday recommended a coordinated release of global reserve oil in the face of the Iran war. The closure of the Strait of Hormuz prompted the IEA's announcement, he said at an Istanbul press conference. The International Energy Agency, made up of major oil consuming nations, recommended releasing 400 million barrels from global strategic reserves to dampen one of the worst oil shocks since the 1970s, the biggest such intervention in history. A foreign tanker carrying Iraqi fuel oil damaged after catching fire in Iraq's territorial waters, following unidentified attacks that targeted two foreign tankers, according to Iraqi port officials, near Basra, Iraq, 12 March, 2026. (Reuters/Mohammed)

As Iran pinches the Strait of Hormuz, American farmers are getting squeezed  The Christian Science Monitor