Iraq
Brent price rose by 9% in a week due to supply risks in the Strait of Hormuz. The US temporarily allowed the purchase of Russian oil to stabilize the market.
Shiite groups in Lebanon and Iraq have intensified rocket fire and drone attacks. Hezbollah launched two hundred rockets into Israeli territory.
A French soldier was killed and six others were wounded in a drone strike in the Erbil area. The soldiers were in the region to fight ISIS.
A KC-135 aircraft crashed in western Iraq after an incident with another vessel. The cause of the crash was not hostile fire, and a rescue operation is underway.
Drones attacked a military base near Erbil airport where French soldiers were stationed. Six servicemen were injured and a fire broke out.
Defense Minister John Healey stated that Russia is helping Iran change its drone tactics. This allows Tehran to more effectively attack US bases.
Mojtaba Khamenei promised to attack US bases and demanded compensation from Israel. Tehran will avenge the deaths of children in Minab and the death of Ali Khamenei.
Chris Wright believes a price jump to $200 is unlikely despite the blockade of the Strait of Hormuz. Oil prices rose to $100 due to attacks on tankers.
The Israeli army attacked an Iranian complex for the development of explosives within the AMAD project. Tehran tried to restore the facility after the strikes in 2024.
Several drones caused material damage to Kuwait Airport, leading to power outages. The country's airspace is closed due to military actions.
A drone attacked an Italian base in Erbil, damaging equipment but causing no casualties among personnel. The military managed to take cover in bunkers before the strike.
A sailor was killed due to sabotage against the vessels Safesea Vishnu and Zefyros. Iraq has suspended the operation of oil terminals for the safety of maritime navigation.
A sailor was killed due to Iranian boat attacks on tankers in the Strait of Hormuz. The IRGC promises to stop oil exports, and Trump is preparing retaliatory strikes.
Three brothers of Iraqi origin were detained in Oslo on suspicion of a terrorist act. One of them confessed to detonating a bomb; the investigation is checking for a foreign connection.
Near the Strait of Hormuz, three vessels were hit by unknown projectiles. Israel and Iran exchanged massive strikes, affecting residential areas of Tehran.
Brent and WTI prices rose amid market doubts about the IEA plan. The conflict in the Persian Gulf threatens a supply deficit of 15 million barrels per day.
Due to shelling of energy infrastructure and the closure of the Strait of Hormuz, Brent crude oil prices reached $120. Israel attacked Tehran in response to drone strikes.
G7 finance ministers will discuss releasing up to 400 million barrels of oil due to shortages. Brent prices jumped to $120 due to the war in the region.
The blockade of the Strait of Hormuz and overflowing storage tanks have caused a shortage of raw materials. Analysts predict a historic rise in oil and fuel prices.
Due to the war with Iran and the closure of the Strait of Hormuz, Iraq reduced production to 1. 8 million barrels. The shortage of tankers and storage facilities caused an energy crisis.
An explosion occurred near the consular section of the US Embassy in Norway, with no casualties reported. Police are investigating the incident amid escalating conflict with Iran.
US C-RAM air defense system shot down a Katyusha rocket near the embassy in Iraq, no casualties reported. The Prime Minister ordered to find those responsible among illegal armed groups.
Kuwait Petroleum Corporation is reducing oil production and refining volumes due to the closure of the Strait of Hormuz. Precautionary measures have been implemented amid threats.
The Israel Defense Forces are bombing western regions of Iran to support Kurdish militias preparing for a ground offensive. Kurdish groups plan to seize strategic cities near the border.
The HKN oil field in the Sarsang area of Dohuk province was shelled last night, causing significant damage to the field and leading to a halt in production.
Georgian airspace has become one of the busiest transit routes between Europe and Asia. This brings the country up to $375,000 daily due to the increased number of flights.
International Energy Agency Director Fatih Birol stated there is a "huge surplus" of oil in the markets, but warned of a potential "gas bidding war" due to the conflict in the Middle East. Oil prices have risen by 50% since the beginning of the year, and the Strait of Hormuz is effectively closed to tankers.
Due to the war in the Middle East and the escalation around Iran, fuel prices in Europe have risen. The highest prices are recorded in the Netherlands, where gasoline costs 2.19 euros per liter.
Missile and drone attacks continue in the Middle East. Iraq, Kuwait, UAE, Saudi Arabia, Bahrain, Qatar, Israel, Iran, and Lebanon report explosions and interceptions.
The Ministry of Foreign Affairs of Ukraine has received 58 appeals from citizens since February 28 due to the escalation in the Middle East. Airspace remains closed in some countries, but airports in Jordan, Saudi Arabia, Lebanon, and Oman are operating normally.