Sanctioned tanker MYRA issued a distress signal off Ireland but remained underway after leaving Russia’s Ust-Luga port in extreme weather.
Trump expects new Iran talks this week after rejecting Tehran’s Hormuz proposal, keeping energy and geopolitical risk in focus.
CENTCOM said U.S. forces destroyed five Iranian oil tankers after two ballistic missile attacks on a U.S. Navy ship.
The US has launched new airstrikes on Iran targeting over 80 military sites to curb Tehran’s interference with shipping in the Strait of Hormuz, escalating regional tensions.
US military strikes Iranian targets after attacks on commercial vessels in the Strait of Hormuz, while diplomatic efforts to de-escalate tensions remain stalled.
Russia's maritime oil exports surged to a 2026 high amid US-Iran negotiations that triggered a 16% drop in global oil prices, intensifying market competition and price pressures.
UAE reportedly agreed to unfreeze billions in Iranian oil revenues to halt attacks, but denies the claims amid ongoing U.S.-Iran peace talks.
Following talks in Beijing, Trump reveals China’s interest in U.S. oil and soybean purchases and potential influence on Iran amid shifting trade dynamics.
The UAE has reportedly conducted secret airstrikes on Iranian oil infrastructure amid escalating Iranian drone and missile attacks, shifting regional dynamics and impacting key economic sectors.
Oil prices surged over 7% as U.S. President Trump threatened a long-term blockade of Iran, raising concerns about supply disruptions through the strategic Strait of Hormuz.
The US Treasury will not extend temporary sanctions exemptions for Russian and Iranian oil imports, signaling tighter restrictions and potential supply impacts.