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strikeSep 14, 2026

Iran live updates: Oil prices rise after strikes in Saudi Arabia, Strait of Hormuz

Summary

President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes targeting military, government and infrastructure sites. Delegations from the U.S. and Iran entered negotiations in June aimed at a war-ending deal based on a memorandum of understanding signed by both countries. Those talks broke down as the U.S. and Iran continued to exchange strikes, with the strategic Strait of Hormuz as the primary flashpoint. Trump then said in August that the U.S. would launch a "crushing economic operation" to force Tehran into submission. Oil prices rise after strikes in Saudi Arabia, Strait of Hormuz Global and U.S. oil prices continued to edge higher early on Monday morning, following attacks on Saudi oil infrastructure and the targeting of more commercial vessels in the Strait of Hormuz. Brent crude oil prices, a benchmark for global trading, were more than $107 per barrel as of Monday morning, up nearly 3%. WTI crude oil, used as the North American benchmark, was nearing $103 per barrel up around 3%. Sep 13, 2026, 3:59 PM EDT Monday meeting between Iran, regional countries postponed, Omani FM says Omani Foreign Minister Badr Albusaidi said in a post on X Sunday that a planned meeting between Iran and regional countries has been postponed "in the interests of consensus." The meeting was scheduled to take place Monday in Oman’s southern city of Salalah, where some regional countries were going to be briefed on talks between Iran and Oman regarding arrangements for shipping through the Strait of Hormuz, according to earlier reports by Iranian media. "We remain committed to fostering dialogue that supports stability and lasting cooperation in our region," Albusaidi added. -ABC News Somayeh Malekian Sep 13, 2026, 10:44 AM EDT Trump blames global diesel shortages on Ukraine, says Tehran wants a deal President Donald Trump on Sunday said global diesel shortages are not a result of the ongoing conflict in the Middle East, instead blaming Ukrainian strikes on Russian oil facilities and urging Ukrainian President Volodymyr Zelenskyy to "stop knocking out diesel fuel in Russia." "This isn't done by the Middle East. This is done by what's happening with Russia and Ukraine. So we spoke to Mr. Zelenskyy about it. There are plenty of other targets," Trump said to reporters at his golf course in Doonberg, Ireland, during the final day of the 2026 Amgen Irish Open. "Don't hit diesel fuel because that's hurting. That's hurting the world. We don't want him to hit diesel fuel," Trump added of Zelenskyy. Trump also again said the war in Iran will end "right after the midterms," though suggested a conclusion may come sooner. "Gasoline's going to drop like a rock, just like it was just before I got -- I mean, I knew what I was doing. I had to do it," Trump said. "Iran wants to make a deal so badly. They are calling constantly. They want to make a deal. They got to make the right deal. I'm not going to make a deal that's no good," he added. Asked about Monday's planned meeting in Oman between representatives of the Gulf nations and Iran, Trump said, "I don't care. That's up to them, that's fine. They could be happy." "We'll ultimately get out, unless we decide to stay and keep the oil, like Venezuela," Trump said.

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  • ABC NewsBy ABC News

    President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes targeting military, government and infrastructure sites. Delegations from the U.S. and Iran entered negotiations in June aimed at a war-ending deal based on…

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strikeUnverifiedUSIranProxyUNHamas
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The Hanish archipelago fell after hundreds of government-allied forces withdrew, adding to Houthi control of Mokha and Perim Island. More than 80,000 people have been displaced in two weeks of fighting, as the internationally recognised government vows to regroup.

Yemen's Tehran-backed Houthis captured more islands in the southern Red Sea, government and Houthi officials said Monday, strengthening their control of a major maritime shipping route. The capture of the islands of Greater and Lesser Hanish is the latest in the group's swift advance around the Bab el-Mandeb Strait, a key passage for oil shipments that has become even more crucial during the Iran war as the Strait of Hormuz remains under US and Iranian blockades.

Like Hormuz, located at the mouth of the Persian Gulf, the Bab el-Mandeb Strait — on the opposite side of the Arabian Peninsula — is a chokepoint that connects the Indian Ocean to the Red Sea, making it a key waterway for cargo traffic to the Mediterranean Sea.

For more than a month, the Houthis have been striking Saudi oil infrastructure and shipping in the Red Sea, stepping up pressure on global oil prices and boosting Iran's leverage in its war with the US. Forces of the internationally recognised Yemeni government have been attempting to rally and fight back, but the Houthi gains have seemingly come with little resistance.

The Houthis deployed on the Hanish islands, 160 kilometres north of Bab el-Mandeb, after hundreds of government-allied forces withdrew from the archipelago, according to two government officials and a Houthi official. The group officially known as Ansar Allah captured the archipelago after seizing the nearby mainland port city of Mokha and the island of Perim, inside the Bab el-Mandeb Strait.

In parallel, they waged an offensive further inland, particularly in the longtime battleground province of Taiz. The Houthis also launched a fresh barrage of missile and drone attacks on Saudi military targets on Monday. The Houthis said they fired dozens of drones and missiles at the kingdom — which backs the Yemeni government — prompting the Saudi Civil Defence to issue brief alerts in the neighbouring cities of Khamis Mushait and Abha.

The Saudi Civil Defence overnight said a Houthi projectile fell in a different area near the border with Yemen along the Red Sea, injuring two people and damaging a mosque and several other buildings. Riyadh did not announce any new attacks targeting the Houthis.

Thousands fleeing fighting in Yemen The Houthis came to power in late 2014 after storming Sana'a and seizing the presidential palace and key military sites, forcing Yemen's government into exile. The group triggered a return to hostilities in Yemen's civil war in July after a UN truce that had largely maintained quiet since 2022, when they let an Iranian plane land in defiance of Saudi control of Yemeni airspace.

Riyadh retaliated by striking the airport, prompting the Houthis to declare a blockade on the kingdom targeting its oil trade in July. Some 150 civilians have been killed in fighting since 3 September, the government's Human Rights Ministry said. More than 200 civilians have been wounded, it said.

Thousands of families have fled their homes in Taiz and nearby provinces in the past day alone, said Khanzad Shah, acting head of Islamic Relief, a charity that operates in the area. "Many of them don't have enough food or water as they had to flee with whatever they could carry.

In some areas, whole villages have reportedly emptied," he said. The UN has estimated that more than 80,000 people have been displaced in the past two weeks, including over 2,000 people who fled by boat to Djibouti. The fighting threatens to reignite a war that for more than a decade brought disaster to Yemen, killing more than 150,000 people and driving the country to the brink of famine.

The internationally recognised government supported by an array of disparate militias controls the south and east, including the key southern port of Aden. The Hanish islands, newly captured by the Houthis, had been controlled by the UAE-backed allies.

However, the UAE dismantled its military infrastructure there earlier this year. For years, Saudi Arabia waged an air campaign against the Houthis, while backing the government and allied militias, yet it has appeared reluctant to throw itself fully back into the war, despite the Houthi attacks on oil infrastructure and shipping.

The Houthis are tied to Tehran's so-called Axis of Resistance — a loose network of militant groups in several countries in the region including Hezbollah in Lebanon, Hamas in Gaza and militias in Iraq, all backed, trained and equipped by the IRGC to varying degrees.

Yemeni government forces to regroup? On Sunday, the Yemeni government's military said it launched airstrikes on Houthi positions in the port city of Mokha, the coastal town of Dhubab and elsewhere in Taiz province. The Houthis reported strikes by the Saudi-backed forces in Taiz province and artillery shelling in Saada province, the birthplace of the Houthi movement on Yemen's northern border with Saudi Arabia.

Sultan al-Arada, a member of the government's presidential leadership council, described the collapse of government forces in Mokha, about 80 kilometres from the Bab el-Mandeb Strait, and elsewhere on Yemen's west coast as "painful and regrettable." He said in a televised interview aired late Saturday that forces "are currently regrouping and will return to the battle.

" Rashad al-Alimi, who leads the presidential council, sought on Sunday to downplay the defeats as "incidental," according to comments published by the country's state-run SABA news agency. The government "will remain clear and fixed on the goal of retrieving institutions and of reclaiming sovereignty over all national territories," al-Alimi said.

strikeUnverifiedUSIsraelIranProxyUNHamas
○ 1 source

Reports indicate escalating tensions around key maritime chokepoints, with the US military allegedly sinking five oil tankers in the Gulf of Oman and Iran-aligned Houthis reportedly securing control of Yemen's entire coastline. This claimed territorial expansion has enabled the Houthis to position forces to directly target shipping in the Strait of Hormuz, while a September 14 diplomatic meeting between the GCC and Iran was reportedly postponed.

These developments suggest the region is approaching a potential new phase of conflict, although specific military outcomes and strategic assessments remain unverified.

Location: Bab-el-Mandeb
strikeUnverifiedUSIranProxy
○ 1 source

Reported attacks on Saudi infrastructure and an Iranian cargo vessel in the Strait of Hormuz have intensified supply concerns following the closure of a key Saudi oil pipeline, with claims from state media and armed groups pending independent verification.

These developments have driven Brent and WTI crude futures up approximately 3% to near $108 and $103 per barrel, respectively, amid ongoing US blockade operations and heightened regional tensions.

Location: Strait of Hormuz
strikeUnverifiedUSIsraelIranProxyUNRussiaChinaUkraine
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Former CIA officer Larry Johnson reports that the 18th BRICS summit opened in New Delhi with the unanimous adoption of a declaration endorsing payment infrastructure intended to facilitate cross-border trade outside the Western financial system. While the text details plans to expand local currency settlements and integrate domestic payment systems like India's UPI, the source characterizes this move as a "lifeline" for Iran, which it alleges is currently under US sanctions, a naval blockade, and at war with the United States and Israel.

Location: Iran