Strikes on fields and pipelines reduced production by 10% of exports. World oil prices rose by 30% and are approaching $97 per barrel.
The cost of Brent and WTI has risen again. Tankers are not resuming transit through the Strait of Hormuz due to risks.
The head of Chechnya denied rumors about sending troops to Iran to fight Americans. He does not support Iranian strikes on Arab civilian targets.
Tehran has set a fee of $1 per barrel of oil for vessels. Payment in cryptocurrency is intended to protect transactions from tracking and sanctions.
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.
Israel and Iran continue mutual ballistic missile and air attacks. Three teenagers were injured in the city of Tel Sheva as a result of the strikes.
American aviation struck Iranian bunkers and air defense systems without involving ground troops. The island's oil infrastructure was not touched during the operation.
Iran's IRGC announced strikes on the Sadara complex and other plants in Jubail. Saudi Arabia reported intercepting seven ballistic missiles.
Tehran attacked Saudi Arabia's Eastern Province with ballistic missiles. Trump threatens to destroy Iran's power grid over shipping blockade.
Brent crude rose to $110. 34 after US threats to destroy Tehran over the strait blockade. Iran rejected a ceasefire and continues the blockade.
Zelenskyy announced the strengthening of energy and logistics cooperation with Turkey. Ukraine is expanding defense and economic ties with Middle Eastern countries.
Brent and WTI prices rose amid expectations of negotiation outcomes and the closure of the Strait of Hormuz. OPEC+ agreed to a slight increase in production for May.
The transfer of THAAD systems is impossible due to a shortage of batteries, the complexity of AN/TPY-2 radars, and the priority of protecting the Middle East. The US restricts the export of these systems.
Pakistan's Foreign Ministry denied rumors of a deadlock in negotiations between Washington and Tehran. Iran confirmed its readiness for dialogue in Islamabad.
The US Air Force lost F-15 and A-10 aircraft due to Iranian fire, with the fate of one pilot remaining unknown. The total number of lost aircraft has reached seven units.
The drone attack on March 3 caused significantly more damage than reported. Three floors of the building were destroyed.
The Italian Prime Minister is visiting the Persian Gulf countries to strengthen strategic partnerships. The visit aims to ensure stable oil and gas supplies.
The CMA CGM container ship transited through Iranian waters via a new route. The vessel declared its French affiliation for safe passage.
A facility with a giant dome for working with uranium and plutonium has been discovered in China. The facility has three layers of fencing, a monitoring system, and a network of tunnels.
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.
Zelenskyy announced new agreements on cooperation with Saudi Arabia, the UAE, and Qatar. Turkey and European partners have shown interest in the experience of the Armed Forces of Ukraine.
President Zelenskyy announced negotiations on alternatives to PAC-3 missiles. Experts are considering supply options from Asia and the Middle East.
Beijing and Islamabad called for a cessation of hostilities and the protection of vessels in the Strait of Hormuz. The parties insist on preserving the integrity of Iran and the Gulf states.
Brent futures rose to $115 amid the threat of shortages due to the closure of the Strait of Hormuz. Trump is assessing the possibility of ending the war with Iran.
Ukraine has agreed with the Persian Gulf countries on strengthening air defense and joint defense production. Partners will also ensure the supply of diesel fuel.
Since February 28, Iran has launched 5,471 missile and drone attacks on the Persian Gulf region. The UAE was the most affected, and 309 people died in Kuwait due to shelling.
Cairo will import 1. 2 million barrels of oil from Libya monthly due to the cessation of supplies from Kuwait. The country is intensifying energy saving for market stability.
The foreign ministers of the four states discussed de-escalation of the conflict in Islamabad. Pakistan is preparing to mediate negotiations between the US and Iran.
Islamabad offers a platform for dialogue to de-escalate tensions in the Middle East. Both sides have expressed confidence in Pakistan as a mediator.
As a result of the Iranian attack, an aircraft worth $600 million was destroyed and 10 US servicemen were wounded. Several refueling aircraft at the airbase were also damaged.
