Oil prices surged on Tuesday, while European gas prices hit a three-year high, as renewed US strikes against Iran and Tehran’s threats of retaliation raised fresh concerns over the Strait of Hormuz.
Oil prices surged on Tuesday, while European gas prices hit a three-year high, as renewed US strikes against Iran and Tehran’s threats of retaliation raised fresh concerns over the Strait of Hormuz. The price of West Texas Intermediate (WTI) crude for October delivery rose 5.20 p…
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The Russian Defense Ministry reported that an overnight strike in Kiev hit a missile assembly and components plant. According to the ministry, the facility manufactures components for reconnaissance and strike drones.
Iran’s Islamic Revolutionary Guard Corps (IRGC) navy states that three tankers caught fire in the Strait of Hormuz after hitting mines, while another vessel struck naval mines in the eastern part of the waterway. Separately, Yemen’s Houthi forces claim six military operations targeting Saudi Arabian airports and oil facilities, including refineries in Ras Tanura and Rabigh as well as international airports in Riyadh and Dammam.
Kremlin Aide Nikolay Patrushev clarified that this number of attacks had been recorded in the course of a year
Houthi forces claim to have carried out six attacks on Saudi airports and oil facilities. This announcement follows talks between Iran and the Mecca pact countries in Tehran earlier this week.