Militia groups supported by Iran launched drones from Iraq, testing Trump's strategy amid Iran's control of the Strait of Hormuz.

The entities involved

• Iraq →

  sovereign state in Western Asia

  • Basra hosts the Grand Faw Port project, serving as a key transit hub for trade routes connecting China and Europe.Mon 17:06
  • Oil flows through the Strait of Hormuz as geopolitical risks in the Middle East affect oil prices, with Iraq ready to resume production.Mon 16:22
• Hormuz →

  city in Hormozgan Province, Iran

  • US-Iran truce aims to reopen Strait of Hormuz amid global monetary policy shifts and oil price drops.Mon 17:37
  • Talks regarding an Iran deal are underway, with a ceasefire reached after deadly exchanges, and Trump supporting Israel.Mon 17:12
• Brent →
  • ECB chair signals readiness to raise rates as potential attacks in Yemen drive oil price spikes and market risk-off.Mon 17:39
  • Geopolitical risk adds to UK fiscal pressures as renewed fighting drives up oil prices, prompting economists to analyze market impacts.Mon 15:09

Related events

• Iran seeks control of the Strait of Hormuz while using Iraq for staging attacks against militia sites.Jul 30
• Iran-backed militias are involved in the conflict, pressuring the Iraqi government, alongside attacks on the East-West oil pipeline.Sep 12
• IRGC operates drones defending Iranian interests amidst heightened tensions in the Strait of Hormuz, which is a key oil chokepoint for Iran.Jun 7
• Trump launches an attack while Iran asserts control over Hormuz and engages in aggression against Iraq and Lebanon.Aug 14
• Amid heightened Iranian naval conflict in the Strait of Hormuz, Iraq is urgently planning alternative pipeline routes through Turkey and Syria.Sep 9