- BLS data factors into Fed decisions as the Iran war drives up fuel and oil prices, coinciding with remarks made by Donald Trump.
- Control of the Strait of Hormuz drives up global prices, with oil exports passing through Kharg Island and threats of major strikes against Iranian targets.
Oil exports continue through Kharg Island as the US renews attacks on Iranian targets and Russia faces refinery disruptions.
4 reports, 4 independent
Updated Sep 9
Gone quiet
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- 4
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- 2
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What happened
Oil exports continue through Kharg Island as the US renews attacks on Iranian targets and Russia faces refinery disruptions.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.US forces targeted Iranian oil tankers, raising energy supply concerns and prompting Goldman Sachs monitoring.1 source
US and Russia renewed attacks on Iranian targets, escalating conflict around Kharg Island oil exports.1 source
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The entities involved
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Kharg Island
island in Bushehr County, Iran
- Trump threatened American tolls if a deal with Iran failed, while Iran closed the Strait of Hormuz amid Israel's military campaign, and Netanyahu stated Israel would remain in the Lebanon buffer zone.
- Sanctions and blockades are being imposed on Kharg Island, which is part of Iranian oil infrastructure.