Thursday, October 22, 2026
Thursday, October 22, 2026
27.5 C
Bahrain
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Iran Conflict

Oil Prices Surge as Tanker Incident Disrupts Strait of Hormuz Traffic

An oil tanker named EL GAIA caught fire after hitting naval mines while trying to navigate through the Strait of Hormuz, according to Iran's...

Iran’s Strait of Hormuz Strategy Threatens Global Oil Market Stability

Iran has announced plans to create a new "exclusion zone" close to the Strait of Hormuz, aimed at vessels it suspects of trying to...

US-Iran Tensions Escalate, Impacting Global Markets and Economic Stability

The simmering tensions between the United States and Iran have escalated, as both nations engage in new assaults, raising the specter of a broader...

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