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Iran war

Shipping, energy & markets

Hormuz and Red Sea shipping, oil and gas, aviation, and market moves.

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Monday, August 17, 20261 entry

  1. 11:45 AM in New York

    Hormuz crossings fall almost 20% in a week, to three on Sunday

    MarineTraffic and Kpler counted 95 crossings of the Strait of Hormuz in the week to Aug. 16, down 19.5 percent, falling from 19 on Aug. 11 to three on Aug. 16; 51 used Iran's designated route and 44 other routes. Kpler counted five commodity vessels on Saturday and none on Sunday, against 31 the previous weekend, while Bab el-Mandeb transits rose to 254 from 238.

    Why it matters Traffic remains a small fraction of the roughly 130 ships a day before the war, even as both Washington and Tehran claim to control the strait.

    Sources: Associated Press, Reuters, CBS News, CBS News (2)

Friday, August 14, 20263 entries

  1. 6:15 PM in New York

    Brent settles at $88.52, up 6% on the week, after new tanker attacks

    Brent crude settled at $88.52 a barrel on Friday, up $1.45, and WTI at $82.40, up $1.15, leaving the benchmarks about 6 percent and 5.4 percent higher on the week after new attacks on tankers and no progress toward a peace deal.

    Why it matters An analyst told Reuters a 'day of reckoning' could come if traffic through Hormuz, which normally carries about a fifth of global oil, stays this low.

    Sources: Bloomberg, Al Jazeera, Al Jazeera (2)

  2. 8:00 PM UTC

    UKMTO reports a bulk carrier struck in the Strait of Hormuz

    UKMTO said an unknown projectile hit the hull of a bulk carrier in the Strait of Hormuz on Friday; the crew were reported safe, with no damage assessment and the environmental impact unknown. UKMTO said it had received 56 reports of damage to vessels in and near the strait since the war began on Feb. 28.

    Why it matters It came alongside attacks on three ADNOC-linked vessels on Aug. 13-14.

    Source: CNN

  3. 5:30 PM in Jerusalem

    Hormuz traffic falls to two ships on Friday as the U.S. says its blockade can last indefinitely

    Kpler counted two vessels crossing the Strait of Hormuz on Friday, a grain ship entering Iranian waters and an empty bulk carrier leaving, with no crude shipments visible, after nine on Thursday against an August average of 12 and more than 130 a day before the war. Defense Secretary Pete Hegseth said the Navy could keep up the blockade of Iranian ports 'indefinitely.'

    Why it matters Iran's ability to restrict shipping is its main leverage in talks, an analyst told Reuters, while the U.S. blockade is Washington's; neither side showed signs of easing.

    Sources: The Times of Israel, CNBC, Al Jazeera, Associated Press, The Times of Israel (2), Al Jazeera (2), Al Jazeera (3)

Thursday, August 13, 20261 entry

  1. 1:09 AM in Dubai, Aug 14

    UAE says Iran attacked three ADNOC-linked vessels in Hormuz in two days

    ADNOC said two of its vessels were attacked while transiting the Strait of Hormuz on Thursday evening, Aug. 13, with no injuries, and the UAE foreign ministry blamed a 'hostile Iranian attack,' calling it 'piracy' by the IRGC; UKMTO reported two drone strikes on outbound tankers with minor damage. On Friday evening ADNOC said a third vessel was attacked, which the UAE also blamed on Iran.

    Why it matters Saudi Arabia, Kuwait, Egypt and the GCC condemned the attacks, and UAE presidential adviser Anwar Gargash said repeated targeting of ADNOC tankers 'will not deter' the UAE.

    Sources: Fox News, UAE Ministry of Foreign Affairs, Al Jazeera, Al Jazeera (2), CBS News, CBS News (2), Al Jazeera (3), Al Jazeera (4), CNN

Wednesday, August 12, 20261 entry

  1. 12:29 PM in Paris

    IEA sees 2026 oil demand falling 1.6 million barrels a day as Hormuz stays shut

    The International Energy Agency cut its 2026 forecast to a fall in global oil demand of 1.6 million barrels a day, from 1 million a month earlier, saying 'the ongoing closure of the Strait of Hormuz and elevated fuel prices continue to weigh on oil consumption.' It put July supply at 101.5 million barrels a day, still 6.3 million below pre-war levels.

    Why it matters The agency said falling stocks make reopening the strait more urgent and referred to repeated claims of an imminent deal as 'sudden diplomatic pivots.'

    Sources: CBS News, CNN

Tuesday, August 11, 20262 entries

  1. 3:29 PM in Karachi

    CENTCOM says U.S. helicopter disabled the Vela Nova

    CENTCOM said a Navy MH-60 helicopter fired two Hellfire missiles into the engine room of the Panama-flagged container ship Vela Nova, disabling its steering, after its crew ignored repeated warnings while trying to cross the Gulf of Oman toward Iran. CENTCOM said the blockade had redirected 55 vessels, disabled three and boarded two since July.

    Why it matters It was the third ship disabled under the reimposed blockade and the first container ship, widening enforcement beyond tankers.

    Sources: Reuters, gCaptain report citing CENTCOM, Associated Press, CNN, CNN (2), CBS News

  2. 12:05 PM in Aden

    Houthi missiles kill four crew and two rescuers on the cargo ship Tihamah off Yemen

    Yemen's government said three Houthi ballistic missiles hit the small food-carrying cargo ship Tihamah near Bab el-Mandeb, killing four crew, three Pakistanis and one Indonesian, and that a second strike hit rescuers, killing two of them. Pakistan's foreign minister confirmed three Pakistani deaths and one injured.

    Why it matters Yemen's government called it a 'double-tap' strike; CNN described it as a serious escalation and a sign the Iran war is spilling across the region.

    Sources: UK Maritime Trade Operations Warning 110-26, Associated Press, Reuters via gCaptain, Associated Press (2), CBS News, CBS News (2), CNN, CBS News (3)

Monday, August 10, 20261 entry

  1. 2:34 PM in New York

    U.S. extends its energy-shipping waiver for 90 days

    Trump extended for 90 days, from Aug. 17, the Jones Act waiver he first issued on March 17, letting foreign-flagged ships carry oil, fuels, fertilizer and related cargo between U.S. ports. Unlike earlier extensions it covers only energy and agricultural cargo, and the Pentagon will consult the Maritime Administration on which voyages qualify.

    Why it matters The White House said the waiver has increased domestic deliveries of gasoline, diesel and jet fuel; extending it signals Washington expects the Hormuz disruption to last.

    Sources: Associated Press, CBS News

Saturday, August 8, 20261 entry

  1. 4:08 PM in Dubai

    Iranian missile hits an ADNOC tanker in the Strait of Hormuz; UAE and GCC condemn it

    ADNOC said one of its tankers was targeted by a missile while transiting the strait that morning, with no injuries and a fire brought under control, and the UAE foreign ministry called it a 'hostile Iranian attack.' ADNOC said 15 of its vessels have been attacked since the war began, three of them that week, with one crew member killed and 20 injured.

    Why it matters Oman condemned the strike but said its talks with Iran on the strait were still 'positive and constructive.'

    Sources: CNN, CBS News, CBS News (2)

Thursday, August 6, 20261 entry

  1. 8:15 PM in Tehran

    Iranian lawmakers draft a Hormuz law barring 'hostile' ships and fining violators

    A bill under review by the Iranian parliament's national security commission would bar ships of the U.S., Israel and other countries Iran deems hostile from the Strait of Hormuz, ban vessels linked to countries that 'have caused damage' to Iran until compensation is paid, and fine violators up to 20 percent of their cargo's value, Fars and IRIB reported. Lawmaker Alireza Salimi said it was still under expert review.

    Why it matters The bill runs separately from the Iran-Oman talks and would write Tehran's claimed control of the strait into law; eight shipping associations had just asked the UN and IMO to oppose any tolls in Hormuz.

    Sources: Al Jazeera, CNN, CNN (2)

Tuesday, August 4, 20261 entry

  1. 8:36 PM in Aden

    Indian sailing vessel sinks off Yemen's Mokha after an attack; 14 crew rescued

    India's shipping minister said the mechanised sailing vessel Faize Noore Oliya capsized after being hit near Yemeni waters and that all 14 on board, 13 of them Indian, were rescued by Yemen's coast guard. UKMTO said the ship was struck by an uncrewed surface vessel about 9 nautical miles off Mokha and sank; Yemen's transport ministry blamed the Houthis.

    Why it matters India condemned an 'unprovoked attack on the defenseless' vessel; attacks near Bab el-Mandeb threaten the Red Sea route Saudi exports now depend on.

    Sources: CBS News, CNN, CNN (2)

Monday, August 3, 20261 entry

  1. 5:02 AM in Muscat, Aug 4

    Cargo ship Minoan Pioneer hit off Khasab; crew abandons ship and a seafarer is missing

    UKMTO said a cargo vessel made a distress call after being hit by an unknown projectile about 20 nautical miles northeast of Khasab, Oman. Greek risk firm Marisks named it as the Liberian-flagged Minoan Pioneer and said the strike caused a complete blackout; maritime sources told Reuters the crew abandoned ship and the third engineer was missing.

    Why it matters It followed the GasLog Shanghai strike off Limah on July 31 and a near miss off Khasab on August 1, all on the Omani side while Iran and Oman negotiated a joint route.

    Sources: CNN, CBS News

Saturday, August 1, 20261 entry

  1. 5:53 PM in Istanbul

    Iraq and Turkey agree one-year deal to keep crude flowing to Ceyhan, bypassing the Gulf

    Iraq and Turkey announced a one-year agreement to keep Iraqi crude flowing through the pipeline to Turkey's port of Ceyhan at 750,000 barrels a day, after their 50-year deal expired on July 27. Turkey's energy minister said the line holds 'a more strategic position than ever' for supply security.

    Why it matters The pipeline is one of the few routes that lets Iraqi oil reach markets without the Strait of Hormuz; both sides said they are working on a long-term deal.

    Source: CBS News

Friday, July 31, 20262 entries

  1. 1:55 PM in Tehran

    IRGC says it hit two tankers; Iran's strait authority says Hormuz transit 'not possible'

    The IRGC said it 'struck and stopped' two tankers it claimed were under U.S. aerial escort and that four others turned back. Iran's Persian Gulf Strait Authority then said transit 'is not currently possible' because of U.S. military actions and that permits would resume only 'once stability and calm are restored'; CENTCOM replied that the strait 'remains open' and 'Iran does not control it.'

    Why it matters Security council secretary Mohammad Bagher Zolghadr said the U.S. blockade would 'tighten the lock' on Hormuz and close other chokepoints, with American voters paying the price.

    Sources: Al Jazeera, CBS News, CNN, Al Jazeera (2), Al Jazeera (3)

  2. 12:00 PM in Muscat

    LNG carrier GasLog Shanghai disabled by projectile off Oman after leaving Hormuz

    UKMTO said a tanker hit by an unknown projectile about 11 nautical miles northeast of Limah, Oman, suffered engine-room damage and was not under command, with no casualties. Bloomberg, citing security firms and ship tracking, identified it as the LNG carrier GasLog Shanghai, loaded with Qatari cargo; the next day UKMTO reported a large splash and explosion near another tanker northwest of Khasab.

    Why it matters Qatari LNG had only just resumed crossing the strait, with one cargo passing on July 30 for the first time in nearly three weeks.

    Sources: Arab Times, CNN, CBS News, CNN (2)

Thursday, July 30, 20261 entry

  1. 3:22 PM in New York

    CENTCOM says its blockade has turned back 24 ships, disabled two and boarded two

    CENTCOM said it had redirected 24 commercial vessels since restarting the blockade of Iranian ports on July 14, up from 20 a day earlier, and had boarded two ships and fired on two others to disable them. Only five vessels crossed the Strait of Hormuz the next day, all on Iran's approved northern route, according to marine traffic data cited by CNN.

    Why it matters Washington says the strait is open, but traffic stayed at a handful of ships a day against about 130 before the war.

    Sources: CBS News, CNN

Wednesday, July 29, 20262 entries

  1. 9:13 PM in Cairo

    Drone strike sets gas ships on fire at Egypt's Damietta LNG terminal

    An explosion during cargo discharge at the LNG terminal in Damietta, on Egypt's Mediterranean coast, damaged the Energos Winter storage and regasification vessel and the GasLog Salem tanker, which were moved offshore. Egypt's cabinet said the next day a preliminary inquiry found a drone caused the fire; no one claimed it, and the Houthis denied involvement.

    Why it matters It is the first attack on Egypt in the war and the first on energy infrastructure in the Mediterranean, at a key LNG import hub near the Suez Canal.

    Sources: CBS News, CBS News (2), CBS News (3)

  2. 10:00 AM in New York

    Brent jumps about 6 percent after Iran's missile attack and Trump's threat

    Brent crude rose 6.2 percent to $87.14 a barrel by 10 a.m. ET and the Dow fell 614 points after Iran's missile attack on U.S. forces and U.S.-Saudi strikes in Iraq. Trump told Fox News the U.S. would be 'hitting them hard,' and later said in the Oval Office it was 'our turn.'

    Why it matters Brent had swung between about $72 early in July and $102 the previous week as the market priced each turn between strikes and talks.

    Sources: CNN, CBS News, CNN (2), CBS News (2)

Saturday, July 25, 20261 entry

  1. 2:57 PM in Kyiv

    Ukraine strikes a vessel it says carried military cargo for Iran; Tehran says a sailor died

    Ukrainian President Volodymyr Zelenskyy said long-range strikes in the Caspian Sea hit 'vessels used in military cargo shipments involving Iran.' Iran's foreign ministry said the attack caused an explosion on an Iranian commercial ship that killed one sailor and injured another, summoned Ukraine's charge d'affaires, and Foreign Minister Abbas Araghchi said the attack 'cannot go unanswered.'

    Why it matters It links the Ukraine war to Iran's, a day after Trump said he trusted Putin that Russia was not arming Iran; Zelenskyy also said Russia was giving Iran satellite imagery of U.S. bases.

    Sources: CBS News, CBS News (2), Al Jazeera, Al Jazeera (2), CBS News (3)

Thursday, July 23, 20261 entry

  1. 9:30 AM in New York

    Brent briefly tops $100 a barrel after Houthi strikes on Saudi tankers

    Brent crude briefly rose above $100 a barrel on Thursday before easing to $99.48 at 9:30 a.m. ET, and WTI reached $90.74, up 4.5 percent, according to FactSet data cited by CBS News. The U.S. average gasoline price hit $4.09 a gallon, up from $3.94 a week earlier.

    Why it matters The spike followed the first Houthi attack on Saudi crude on the Red Sea route that had been the main bypass around Hormuz; Iran's parliament speaker mocked the U.S. strategy for producing 'triple-digit oil.'

    Sources: AP, CBS News, CBS News (2), Al Jazeera

Wednesday, July 22, 20262 entries

  1. 3:36 AM in Tehran, Jul 23

    IRGC says a tanker exploded on Hormuz's southern route and two others turned back

    Iran's Revolutionary Guards said three oil tankers tried to use what they called the 'mine-laid route' south of the Strait of Hormuz under U.S. encouragement, that one exploded and caught fire and the other two turned back. The statement did not say when this happened or name the ships.

    Why it matters The claim was part of Tehran's campaign to push ships off the Omani-side lane the U.S. urges them to use; no maritime agency confirmed the explosion.

    Sources: Reuters via Investing, Al Jazeera, CBS News

  2. 12:30 AM in Riyadh, Jul 23

    Houthis claim missile and drone strikes on two Saudi tankers in the Red Sea

    UKMTO said a tanker was struck by a projectile and caught fire about 70 nautical miles from Al Shuqaiq, Saudi Arabia, with no casualties. The Houthis said they hit the Saudi tankers Encelia and Layla for breaking the maritime embargo they declared on July 20, and Saudi state media confirmed the Encelia, owned by a Saudi company, was hit and set on fire at the bow, with its crew safe.

    Why it matters It was the first strike under the Houthi embargo on the Red Sea route Saudi Arabia has used to export crude around the Strait of Hormuz; Brent rose as much as 5 percent the next morning.

    Sources: Al Jazeera, AP, Al Jazeera (2), Al Jazeera (3), CBS News, CBS News (2), CBS News (3)

Monday, July 20, 20262 entries

  1. 2:17 AM in Muscat, Jul 21

    Tanker Kaifan hit off Oman's Limah as its crew takes to a lifeboat; IRGC claims attack

    UKMTO said a tanker was struck by an unknown projectile about 8 nautical miles northeast of Limah, Oman, and that its crew abandoned the vessel into a lifeboat; the IMO later identified it as the Kaifan and recorded two seafarers injured. Iran's Revolutionary Guards said 'massive fires' broke out on two oil tankers that tried to use the southern route and warned that not a drop of oil would leave the region while U.S. attacks continued.

    Why it matters It was the second night in a row that a crew abandoned a ship on the Omani-side lane the U.S. has urged vessels to use instead of Iran's northern route.

    Sources: Al Jazeera, Al Jazeera (2), Al Jazeera (3), CBS News

  2. 3:17 PM in Aden

    Houthis declare a maritime embargo on Saudi Arabia, vow to close Bab el-Mandeb to its ships

    Houthi military spokesman Yahya Saree declared a 'maritime embargo against the criminal Saudi enemy' effective immediately, after the two sides traded fire the previous week, including a strike on Sanaa airport the Houthis blamed on Riyadh. A Houthi media official said the Bab el-Mandeb would be closed to Saudi ships, and Saudi Arabia condemned the move.

    Why it matters Saudi Arabia's Red Sea ports have been its main export route around the Strait of Hormuz; by the next day at least five ships, including laden Saudi crude tankers, had turned back before Bab el-Mandeb.

    Sources: Al Jazeera, CBS News, CBS News (2), Al Jazeera (2), CBS News (3)

Sunday, July 19, 20262 entries

  1. 4:14 AM in Muscat, Jul 20

    Greek-owned tanker set ablaze off Oman's Kumzar; crew abandons ship

    A projectile set the Maltese-flagged tanker Kavomaleas, owned by Greece's Dynacom, on fire about 8 nautical miles northwest of Kumzar, Oman; its crew abandoned ship and was picked up by a tug, UKMTO said. A second vessel, the Acheloos, was hit 17 nautical miles east of Dibba with damage to its steering gear, and Iran's Revolutionary Guards said two tankers on the southern route had 'exploded' and been halted.

    Why it matters The IRGC presented the strikes as enforcement of its demand that ships use an Iranian-approved route, on the same night CENTCOM completed its ninth straight night of strikes on Iran.

    Sources: AP, Al Jazeera, Al Jazeera (2), Al Jazeera (3), CBS News, CBS News (2)

  2. 7:43 AM in Singapore, Jul 20

    Brent climbs above $90 in Asian trading as U.S.-Iran attacks widen

    Brent futures rose about 3% to above $90 a barrel in Monday trading in Asia, a one-month high, as nightly U.S. strikes and Iranian retaliation kept Hormuz shipping at a trickle.

    Why it matters The Houthis announced a blockade of Saudi ports the same day, threatening the Red Sea route Saudi Arabia had used to export oil around the Hormuz closure.

    Sources: Reuters via Investing.com, The Guardian

Saturday, July 18, 20261 entry

  1. 9:19 AM in Kuwait

    Iranian attacks set a second Kuwaiti power and desalination plant on fire

    Kuwait's electricity ministry said a fire broke out at a power and water desalination plant after a new round of Iranian attacks, forcing it to disconnect generating units, a day after another plant was damaged. Kuwait Petroleum Corporation said a vital oil site was hit, injuring several people, and Kuwait Airways suspended flights at Kuwait International Airport.

    Why it matters About 90% of Kuwait's drinking water comes from desalination, so attacks on these plants put the civilian water supply at risk.

    Sources: Turkiye Today, Bloomberg, PBS News, Al Jazeera live blog, Al Jazeera live blog (2), Al Jazeera live blog (3), Al Jazeera live blog (4), Al Jazeera live blog (5)

Friday, July 17, 20261 entry

  1. 2:30 PM in New York

    Brent rises to about $88, up 16% in a week of U.S.-Iran fighting

    Brent crude rose 4.6% on Friday to about $88 a barrel, 16% above the previous week's roughly $76, and U.S. crude rose 4.5% to $82.49, as fighting kept Hormuz largely shut and raised fears for the Red Sea route.

    Why it matters Prices had fallen below their pre-war level in late June; the renewed fighting reversed that in less than two weeks.

    Sources: CNN live updates, Al Jazeera live blog

Wednesday, July 15, 20261 entry

  1. 4:59 PM in New York

    U.S. disables tanker Belma heading for Kharg Island as it enforces the renewed blockade

    CENTCOM said a U.S. aircraft fired Hellfire missiles into the smokestack of the unladen, Curacao-flagged tanker Belma after it ignored warnings while sailing toward Kharg Island. An Iranian official said the tanker was hit again by two U.S. missiles two days later, and U.S. Marines released video of boarding a tanker in the Gulf of Oman.

    Why it matters It showed the blockade being enforced with force from its first full day, as the U.S. had done in June before the memorandum.

    Sources: Al Jazeera live blog, Al Jazeera live blog (2), Al Jazeera live blog (3)

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