Topic
attacks
Commodities Indian refiners widen oil search as Ukrainian attacks hurt Russian crude flows
Indian refiners are cutting Russian crude purchases after Ukrainian attacks disrupted export flows, turning to West Africa, the Americas and the Persian Gulf for replacement barrels. Imports of Russian crude are expected to fall to about 2 million barrels a day this month, down from around 2.8 million in July, according to Kpler.
Commodities Russia faces fresh fuel shortages as refinery attacks disrupt supplies
Fuel shortages have resurfaced in parts of Russia, with at least 10 regions tightening petrol sales restrictions after fresh drone attacks on refineries, according to Business Today. Petrol was unavailable at some Moscow filling stations, and wholesale gasoline sales on the St Petersburg International Mercantile Exchange fell 20% since the beginning of August.
Logistics Houthis Keep Up Pressure on Saudi Shipping with Fourth Tanker Attack Amid Partial Red Sea Recovery
Yemen's Houthis attacked the 49,990 dwt tanker NCC Ghazal, the fourth Saudi-linked vessel targeted since declaring a blockade. Despite a partial recovery in traffic through Bab el-Mandeb, crossings remain volatile with no VLCCs or LNG carriers. The Joint Maritime Information Center has raised the threat level to substantial.
Logistics Resumed US-Iran Attacks Inject Fresh Uncertainty Into Strait of Hormuz Shipping
Iran and the United States have resumed military attacks, ending a lull and injecting fresh uncertainty into shipping through the Strait of Hormuz. Iran's Revolutionary Guard claims it hit three oil tankers after they ignored warnings, while a US blockade since July 14 and mine risk make internationally recognised lanes unusable. A Gulf-backed Omani proposal for joint management faces Iranian rejection.
Commodities Oil price dives over 9% as US and Iran pause attacks, Brent drops below $88
The price of oil sank more than 9% on Monday, with Brent crude dipping below $88 a barrel, after the US and Iran paused attacks to give talks space. The fall follows last week's spike above $100 amid fears over the Strait of Hormuz and Houthi attacks in the Red Sea.
Commodities Oil Holds Above $100 as Red Sea Attacks and Kazakhstan Outage Tighten Supplies
Oil prices have staged a sharp comeback, with Brent crude holding above $100 a barrel after Iran-aligned Houthi rebels attacked Saudi oil tankers in the Red Sea and a suspected Ukrainian drone strike forced the closure of Kazakhstan's main Black Sea export terminal. The twin disruptions have renewed fears over global energy supplies, reversing earlier hopes of easing Middle East tensions.
Logistics Houthis Claim Missile and Drone Strikes on Two Saudi Tankers in Red Sea Escalation
Yemen's Houthi movement claimed to have struck two Saudi oil tankers in the Red Sea on July 23, 2026, the first attacks since declaring a naval blockade on Saudi Arabia. One tanker, the Encelia, was hit by an unknown projectile, causing a fire. The Houthis declared the Bab el-Mandeb strait closed to Saudi-flagged tankers, raising risks for shipping lanes and energy infrastructure.
Commodities Brent crude oil tops $90 as US and Iran intensify Middle East attacks
Oil prices surged on Monday, with Brent crude surpassing $90 a barrel, as the United States and Iran intensified attacks in the Middle East, disrupting energy shipments through the Strait of Hormuz. Brent climbed 3.05% to $90.79, its highest since June 11, after a 15.9% weekly gain. The conflict escalated with US naval blockades and Iranian strikes on shipping, reducing transit through the strategic waterway.
Commodities Crude oil futures rise as US continues attacks on Iran, Strait of Hormuz tanker crossings plunge
Crude oil futures advanced on Thursday after US forces conducted a second day of strikes against Iranian military targets, escalating tensions in the Strait of Hormuz. September Brent rose 1.12% to $78.89/barrel, while August WTI gained 1.14% to $74.36. ING Think strategists noted the ceasefire appears on life support, and vessel tracking data showed Strait of Hormuz tanker crossings fell to just seven, the lowest since June 21.
Logistics Four Oil and Gas Tankers Turn Back from Strait of Hormuz After Renewed Vessel Attacks
At least four oil and gas tankers have turned back from the Strait of Hormuz after renewed attacks on vessels in the critical waterway. The diversions follow damage to a Qatari LNG tanker and a Saudi-flagged crude oil tanker, prompting a 'severe' threat risk for transiting vessels. The disruptions affect LNG and crude oil flows from Qatar and the UAE, with a queue of ballast vessels building up at Qatar's Ras Laffan export facility.
Commodities Crude Oil Futures Gain as Attacks on Ships in Strait of Hormuz Heighten Geopolitical Risk
Crude oil futures rose on Tuesday morning following reports of attacks on ships in the Strait of Hormuz. September Brent futures gained 0.64% to $72.45, while WTI rose 0.55%. The UKMTO reported a tanker hit by a projectile off Oman, and US officials said Iran fired missiles at commercial vessels.
Commodities West Asia oil and LNG loadings continue despite Strait of Hormuz attacks and renewed strikes
West Asian oil and LNG producers continue loading cargoes despite renewed ship attacks in the Strait of Hormuz and tit-for-tat strikes between the US and Iran. Brent crude fell 10.6% last week but rose Monday after weekend hostilities. Iran accelerated loadings after a US sanctions waiver, while Saudi Arabia, UAE, and Qatar maintained exports.