World1:40Fox News reports on the latest developments surrounding U.S. Central Command strikes near Iran’s Kharg Island and Jask.
World1:40Fox News reports on the latest developments surrounding U.S. Central Command strikes near Iran’s Kharg Island and Jask.
World1:30The US launched attacks on targets near Iran’s Kharg Island and the port city of Jask, Fox News reported. Iranian oil tankers were also hit, according to the report, as Brent crude hovered around $100 a barrel.
WorldIran says the US military struck several oil tankers off its southern coast. Tasnim reports that at least one tanker was targeted near Kharg Island, Iran’s main oil-export hub, while another was reportedly hit near Jask, east of the Strait of Hormuz. The IRGC warns it will retaliate against vessels near Kuwait and Bahrain.
WorldRetired Marine Corps Maj. Gen. Arnold Punaro analyzes the military escalation in the Middle East on ‘America Reports’ after U.S. forces disabled three Iranian oil tankers. Iran has threatened what it calls ‘economic warfare.’
World10:32Iranian forces claim they seized a “state of the art” unmanned US submersible at the entrance to the Strait of Hormuz. Qatar says it is working with partners worldwide to restart US-Iran peace talks. Fighting has also intensified in Yemen between Iran-backed Houthi forces and Saudi-supported government troops, leaving hundreds dead and tens of thousands displaced.
EconomyStocks fell as tensions between the U.S. and Iran pushed oil toward $99. Bloomberg provided cross-platform coverage of the U.S. market close across Bloomberg Television, Bloomberg Radio and YouTube.
World1:25Fox News chief national security correspondent Jennifer Griffin reports the latest on U.S. strikes near Iran’s Kharg Island, including the reported targeting of Iranian oil tankers.
World2:39Fox Business’s Lauren Simonetti discusses new U.S. strikes against Iran near Kharg Island and the economic impact of the ongoing conflict.
EconomyThe diesel crack spread—the wholesale price of ultra-low sulfur diesel minus crude costs—hit a record $106 a barrel in early September, well above its usual $15–$40 range. Because diesel powers goods movement and production, the refined-product shortage could feed into broader consumer inflation.
WorldIran-backed Houthi rebels in Yemen launched a major attack early Tuesday on oil and other infrastructure in southwestern Saudi Arabia. The escalation risks widening regional conflicts and putting further pressure on crude prices, marking a dramatic intensification of the Saudi-Houthi conflict.
World7:40Barbara Slavin of the Simpson Center describes the war in the Persian Gulf as a mutually damaging stalemate, with neither Washington nor Tehran able to find a politically sustainable way out. She says there are no winners, while the conflict has made saving face as important a challenge as military strategy.
WorldIran is described as plunging into a deeper crisis as the United States deploys a “one-two punch.” The discussion covers the escalation with Tehran and the Trump administration’s effort to end the war in Ukraine.
EconomyBrent crude neared $100 a barrel after Saudi Arabia said attacks had halted operations at several energy facilities in the kingdom’s south. Oil trader Vitol estimated flows through the Strait of Hormuz at roughly half their pre-war level, while cautioning that the exact figure is difficult to quantify.
WorldSaudi Foreign Minister Faisal bin Farhan and Russian Foreign Minister Sergey Lavrov addressed regional tensions and bilateral ties at a joint press conference in Moscow. Farhan condemned Houthi attacks on Saudi civilian infrastructure as a blatant breach of international law and a threat to regional security, warning that the group’s selfishness would produce unbearable consequences.
WorldIran says it is finalising an agreement with Oman for a “temporary, safe route” through the Strait of Hormuz. Negotiated over several weeks, the deal could strengthen Tehran’s control over the vital trade route.
WorldIran has threatened retaliation if the United States launches new attacks after the weekend’s exchange of hostilities, including against US warships enforcing a blockade. The confrontation has pushed oil prices close to a six-week high, with Sakarya University’s Mustafa Caner offering analysis.
EconomyBrent crude neared $100 a barrel after Saudi Arabia said attacks had halted operations at several energy facilities in the kingdom’s south. Canada imposed 15% to 50% tariffs on hundreds of US products, while Anthropic decided against acquiring AI startup Decart AI, Bloomberg learned.
EconomyBrent crude surged toward $100 a barrel after attacks near Saudi Arabia’s border with Yemen led the kingdom to suspend some energy operations, underscoring regional supply risks. Novartis shares fell as much as 10% after its del-desiran treatment for a rare muscle-wasting disease missed the primary endpoint in a phase 3 trial, its worst session since 2020.
EconomyBrent crude, the global oil benchmark, has risen this month but remains below $100 a barrel even as an escalation in the US-Iran conflict disrupts Gulf exports through the Strait of Hormuz and the Red Sea.
WorldIran says a deal with Oman on shipping through the Strait of Hormuz is only days away and would include a temporary safe route, while Tehran prepares to declare a restricted zone. Oil rises as Hormuz risks return and Chinese buying strengthens, with Brent nearing $100 a barrel.
EconomyBrent crude closed in on $100 a barrel as traders awaited details of an Iranian deal with Oman to manage shipping through the Strait of Hormuz. Strong Chinese buying is tightening the market.
EconomyOil extends its gains after Iran says a deal with Oman on the Strait of Hormuz is close. Copper reaches an all-time high amid tariff turmoil and difficulties at mines.
WorldIran says it is close to reaching an agreement with Oman to manage shipping through the Strait of Hormuz. The arrangement could strengthen Tehran’s control over the waterway and raise questions about how the US would respond.
WorldIran’s top negotiator warns that Tehran will respond “faster, heavier and more painfully” to US attacks after the two sides exchanged strikes in the Strait of Hormuz. Iran’s security chief says a prohibited zone outside the strait will be announced in the coming days, and ships entering it will be placed on a sanctions list.