Oil Tops $100 For First Time Since July As US Destroys Five Iranian Tankers
Oil Tops $100 For First Time Since July As US Destroys Five Iranian Tankers


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Oil Tops $100 For First Time Since July As US Destroys Five Iranian Tankers

The engagement follows similar violence last week, as Iranian and U.S. forces have continued to trade fire amid stunted diplomatic efforts to end the war.
Military officials say navy warship evaded IRGC missile attacks and US struck Iranian tankers in response. The US military on Tuesday said it destroyed multipl…

Oil prices surge toward $100 as Houthi attacks, U.S. strikes on Iranian tankers and renewed Middle East tensions rattle markets.

Iran is threatening retaliation after U.S. airstrikes sank three ships in the Gulf. CBS News homeland security correspondent Nicole Sganga reports.

'Our transits through the strait are averaging over 9 million barrels a day now'

'We will not hesitate to defend American forces, and if necessary, destroy Iran's limited and exposed oil fleet'

US Central Command says the attacks came after Iran launched ballistic missiles at two of its Navy warships.

The Justice Department is planning to try to use a legal regime last used during the Spanish-American War to speed up the seizure of ships and their cargo duri…

At least three Iranian tankers carrying nearly five million barrels of crude oil have exited the U.S. Navy blockade.

Rolling coverage of the latest economic and financial news. Over at the G7 summit in Évian-les-Bains, European allies don't appear to share Donald Trump's opti…

A ceasefire with Iran is still officially in place, but U.S. forces hit and disabled two Iranian oil tankers on Friday, accusing them of attempting to violate…

This week, U.S. forces around the Strait of Hormuz have launched strikes against Iranian military facilities and disabled missiles launched by the IRGC.
Dozens of ships exiting the Gulf include several loaded with Iranian oil

Iran is demanding oil tankers passing through the Strait of Hormuz pay a toll in cryptocurrency, highlighting its importance to the Iranian regime and economy.
President Trump has suggested providing escorts for stranded tankers. A mine strike on a U.S. frigate in the Persian Gulf shows the perils of doing so.

Iranian attacks on tankers and cargo ships have choked the flow of oil and goods through the Strait of Hormuz, a narrow passage connecting Persian Gulf oil pro…

The United States has imposed sanctions on a fleet of nine ships accused of transporting hundreds of millions of dollars in forbidden Iranian oil to foreign ma…

More sanctions on LPG and "shadow fleet†tankers indicate more maximum pressure on Tehran.

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