Brent Crude
G7 Pledges Hormuz Security Framework as Oil Tops $110 and Tanker Traffic Collapses 70%
Western alliance announces coordinated energy security measures amid Iranian attacks, but political unity masks operational gaps as Brent crude sustains historic rally and shipping costs spiral.
Iran’s Kuwait Refinery Strike Triggers Global Energy Crisis as Brent Hits $119
Direct attacks on Gulf state oil infrastructure shatter strategic assumptions, forcing central banks to choose between inflation control and recession avoidance.
Netanyahu Claims Iran’s Nuclear Capacity Destroyed as IAEA Admits It Cannot Verify Damage
Israeli prime minister asserts 20-day campaign eliminated uranium enrichment infrastructure, but UN atomic agency says inspectors lack facility access amid largest oil supply disruption in history.
Iran Strikes Gulf States as Strait of Hormuz Closure Reprices Global Energy Risk
Tehran's retaliatory campaign against US military assets across Saudi Arabia, UAE, and Bahrain marks first major offensive outside Iraq theater, sending Brent past $100 and forcing Gulf states to reassess decades of security doctrine.