In this handout photo by Morteza Akhoundi via Getty Images, a damaged bridge lies in a riverbed, following U.S. airstrikes carried out a day earlier, on July 17, 2026 in the southern Hormozgan Province, Iran. Contributor | Getty Images News | Getty Images Iran on Friday claimed it had targeted U.S. military forces in Syria…
The security situation in the Strait of Hormuz has returned to a “worse-case scenario” for oil tankers as Iran has repeatedly attacked ships over the past week, the CEO of a maritime risk services firm said. “We see the reduction of the volume of transits through the Strait of Hormuz and right now crews of…
Smoke from massive wildfires in Canada engulf the New York City skyline, reducing visibility and casting an orange haze over the city, July 16, 2026. Selcuk Acar | Anadolu | Getty Images President Donald Trump on Friday blasted Canada for wildfires enveloping swaths of the United States in a smoky haze, and said he would…
Iraq and Syria signed an agreement Friday to rebuild an oil pipeline that would provide an alternative to the Strait of Hormuz. Baghdad and Damascus signed the deal at a Chamber of Commerce summit in Washington on U.S. investment in Iraq. Energy Secretary Chris Wright presided over the signing by Basra Oil Company CEO Bassem…
Middle East oil producers plan to build new pipelines to reduce their dependence on the Strait of Hormuz, as Iran disrupts the Gulf states’ seaborne crude exports with near daily attacks on tankers. But new pipelines will not end the threat to the region’s energy exports, analysts said. This infrastructure is just as vulnerable to…
A sign at BP Plc petrol station in London, UK, on Monday, Aug. 4, 2025. Bloomberg | Bloomberg | Getty Images BP and ConocoPhillips are set to announce billions of dollars of new investments in Iraq on Friday as Washington seeks to bolster the country’s energy sector and reduce the region’s reliance on routes vulnerable…
SHANGHAI, CHINA – JULY 17: Chinese President Xi Jinping waves as he arrives at the opening ceremony for the World AI Conference on July 17, 2026 in Shanghai, China. (Photo by Ng Han Guan-Pool/Getty Images) Pool | Getty Images News | Getty Images Chinese President Xi Jinping on Friday positioned China as a partner in…
Oil tankers and cargo vessels remain anchored off Port Sultan Qaboos on June 21, 2026 in Muscat, Oman. Elke Scholiers | Getty Images Oil prices rose Friday as investors weighed escalating tensions between the United States and Iran after Tehran vowed to target regional infrastructure if President Donald Trump followed through on threats to strike…
US President Donald Trump addresses the nation from the East Room of the White House in Washington, DC on July 16, 2026. Saul Loeb | Via Reuters President Donald Trump will home in on alleged threats to the integrity of U.S. elections in a primetime address to the nation set for Thursday at 9 p.m….
A woman crosses Tehran’s Enghelab Square on July 15, 2026, past a giant anti-U.S. billboard featuring U.S. President Donald Trump in a coffin with text in Persian reading “We Kill Trump”. Afp | Getty Images Iran warned Thursday that it would “crush” key targets in the Middle East if U.S. President Donald Trump’s threats to…
