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3 min read

Iraq’s 14 million barrels of trapped oil move through the Strait of Hormuz as transit risks ease

Iraqi oil stranded by the Middle East conflict has escaped the Persian Gulf over the past ten days as transit via the Strait of Hormuz eased during an uneasy US-Iran ceasefire.

Why it matters: Iraqi oil stranded by the Middle East conflict has escaped the Persian Gulf over the past ten days as transit via the Strait of Hormuz eased during an uneasy US-Iran ceasefire.

1 min read

Houthis Threaten Saudi Oil Route as Iran Escalates

Iran-backed Houthi forces are threatening a major Red Sea oil route while drone attacks against U.S. Navy vessels add another layer of danger in the Gulf. That matters because t...

Why it matters: Iran-backed Houthi forces are threatening a major Red Sea oil route while drone attacks against U.S. Navy vessels add another layer of danger in the Gulf. That matters because t...

2 min read

Iran Says Strait of Hormuz Is Open, but Trump Keeps Pressure On

Iran says the Strait of Hormuz is open to commercial vessels, but its leaders are warning that the route could be threatened again if the U.S. blockade continues. That matters b...

Why it matters: Iran says the Strait of Hormuz is open to commercial vessels, but its leaders are warning that the route could be threatened again if the U.S. blockade continues. That matters b...

2 min read

French and Japanese ships break through the Strait of Hormuz blockade

The Strait of Hormuz is starting to move again after weeks of war shut it down. That matters because this narrow waterway is one of the world’s most important shipping lanes, an...

Why it matters: The Strait of Hormuz is starting to move again after weeks of war shut it down. That matters because this narrow waterway is one of the world’s most important shipping lanes, an...

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