Red Sea
Oil prices rose after Iran's attacks in the Strait of Hormuz. Iran plans to restrict the passage of American vessels through the strategic waterway.
Oil prices fell for a third consecutive day after Iran announced an agreement with Oman regarding the route through the Strait of Hormuz. WTI is trading at around $75, while Brent is above $79 per barrel.
A Shell company vessel capsized and sank off the coast of Yemen after being hit by a shell. All 14 crew members were rescued by the Yemeni coast guard.
Over the past 24 hours, only 14 vessels passed through the Strait of Hormuz, compared to about 120 before the conflict. Shipping companies are seeking alternative routes due to security threats.
Pakistan is exploring the possibility of resuming talks between the US and Iran following China's diplomatic initiatives. The prospects for direct negotiations remain uncertain due to political obstacles.
Pakistan uses ties with the US and Iran to mediate in the war. The country hopes to strengthen its economic position and international authority.
Brent oil price jumped to $100. 14 per barrel after Yemeni Houthi attacks on Saudi vessels in the Red Sea. This threatens to block a key oil export channel from Saudi Arabia.
The US has deployed special forces units and over 150 medics to the Middle East. Fighters are deployed, bombers are on heightened alert due to a possible escalation with Iran.
Indian refineries unloaded more than 2. 3 million barrels of Russian oil per day in June, despite US sanctions. The growth in supplies was facilitated by a reduction in exports from the Persian Gulf and a drop in Urals oil prices.
A tanker was hit by a shell in the Strait of Hormuz off the coast of Oman. UKMTO called on ships to exercise increased caution due to the rise in incidents in the region.
UKMTO reported that two vessels were struck by unknown projectiles off Oman and the UAE. One vessel is drifting and on fire, the crew has been evacuated.
A drone attacked the East-West pipeline, a key route for oil exports to the Red Sea. Saudi Aramco is assessing the damage after the incident on Wednesday.
Russia uses a network of proxy structures to recruit agents and place hundreds of sponsored materials in the Sahel. The goal is geopolitical influence in the region.
Due to the threat of Iranian control, countries in the region are considering expanding their pipeline network. The projects are estimated to cost billions of dollars as a security measure.
The Trump administration is strengthening its troop contingent to pressure Iran. The aircraft carrier USS George H.W. Bush and paratroopers of the 82nd Airborne Division are heading to the region.
Petron Corp. refinery purchased 2.48 million barrels of oil from the Russian Federation due to the blockade of supplies from the Middle East. The country declared an energy emergency.
Tehran is strengthening Kharg Island's defenses with mines and MANPADS to counter a US landing. The Trump administration is considering seizing the facility as leverage.
Saudi Arabia and the UAE are increasing their support for the US, opening airbases and freezing Tehran's assets. The reason for this is the constant attacks on energy facilities.
Due to a fire in the laundry room, 200 sailors were injured, and the ship is heading to Crete for inspection. Despite damage to sleeping quarters, the aircraft carrier remains combat-ready.
A fire broke out in the laundry room aboard the USS Gerald Ford aircraft carrier, injuring two sailors. The ship remains combat-ready, and its power plant is intact.
France is deploying a fleet led by the aircraft carrier Charles de Gaulle to protect shipping. Macron supported Cyprus after the attacks and called for de-escalation.
The cost of oil on international markets recorded its sharpest rise since 2022 due to the active phase of the war in the Persian Gulf. The price of West Texas Intermediate (WTI) jumped 18% in a week.
European countries are working to strengthen Cyprus's defense after a drone attack on a British airbase. France, Italy, and Greece will coordinate the deployment of military forces in Cyprus and the Eastern Mediterranean.
Israel has become the first state to recognize Somaliland's independence since its de facto secession from Somalia in 1991. Israeli Prime Minister Benjamin Netanyahu signed a joint declaration with the region's president, Abdirahman Mohamed Abdullahi.
The crew of the Greek vessel attacked by Houthis in the Red Sea has been released. All 11 crew members, including Filipinos, a Russian, and an Indian, will arrive in Oman.
The eruption of the Hayli-Gubbi volcano in Ethiopia has subsided, causing destruction in villages in the Afar region and widespread disruptions to air traffic. Residents complained of coughing, and livestock could not find clean water due to volcanic ash.
The laying of several underwater internet cables through the Red Sea has not been completed as planned. Political tensions and security threats have made this route unsafe for commercial vessels.
A global outage of Amazon Web Services paralyzed dozens of popular websites and applications, sparking a wave of memes on social media. The problems affected services from Roblox to Microsoft 365, but Amazon assured that there was no cyberattack.
Three members of Qatar's Amiri Diwan were killed and two injured in a car accident near Sharm el-Sheikh. The incident occurred a day before a meeting where Egyptian and US leaders plan to discuss a final ceasefire between Israel and Hamas.
Oil prices rose after Trump's statement about possible sanctions against Russia, but fears about tariffs and increased OPEC+ production limited the growth. Brent and WTI futures rose, partially recovering from the fall.