Iranian Foreign Minister Abbas Araghchi speaks during a press conference held at the Ministry of Interior in Tehran, Iran, on Aug. 8, 2026, on the occasion of National Journalists’ Day. Anadolu | Anadolu | Getty Images Iranian Foreign Minister Abbas Araghchi said Tehran is not currently in direct talks with the U.S. to end the war with…
Crude prices rebounded on Wednesday after Yemen’s Iran-backed Houthi miitants claimed they had struck a Saudi Arabian tanker in the Red Sea. Brent crude, the international price benchmark, was last seen trading at $80.32 a barrel, an increase of more than 1.2%, while U.S. West Texas Intermediate futures for September delivery rose 0.67% to $76.28….
Fighters supporting the Aden-based internationally-recognised Yemeni government gather during a vigil along the Red Sea shore in Khokha, in Yemen’s western Hodeidah province on July 20, 2026, calling for a resumption of hostilities with the Huthi group currently controlling the capital Sanaa. (Photo by Khaled ZIAD / AFP via Getty Images) Khaled Ziad | Afp…
Iran’s Houthi allies in Yemen have completed preparations to attack ships transiting the Red Sea’s southern access point, a maritime security group led by the U.S. Navy has warned. “Sources close to the group stated that the Houthis have completed preparations to attack shipping, including the deployment of missiles and drones positioned near Bab el-Mandeb,”…
The oil market might face a new reality after the Iran war in which exports through the Strait of Hormuz do not return to the levels once considered normal, as shipowners now have to weigh the risk that fighting could abruptly break out in the volatile Persian Gulf. And Western commercial ships will likely hesitate…
Smoke emanates from smokestacks from an oil refinery in Linden, New Jersey, on March 18, 2026. Kena Betancur | AFP | Getty Images Oil rose Monday as Yemen’s Houthis fired missiles at Israel and U.S. President Donald Trump reportedly wants to seize Iran’s oil, deepening concerns over escalating risks to Middle East energy flows. May…
Protesters, predominantly Houthi supporters, demonstrate in solidarity with Palestinians, in Sanaa, Yemen on Aug. 1, 2025. Khaled Abdullah | Reuters Yemen’s Houthis launched a missile strike against Israel, the group said Saturday. It was the first time the Tehran-backed militia had intervened in the U.S.-Israeli-led war against Iran, which has entered its second month. “The…
