Strait of Hormuz
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Iran
Iran reports three tankers on fire in Strait of Hormuz
Iran’s Revolutionary Guard said Friday that two oil tankers had caught fire and been stopped in the Strait of Hormuz, as Qatari mediators returned to Tehran for another round of talks aimed at ending the war between Iran and the United States.
Markets
Oil plunges over 6% as Iran diplomacy seemingly gathers pace
Brent crude fell more than 6% on Monday morning, retreating from its highest close since March, as regional mediators headed to Tehran and US President Donald Trump weighed a deal with Iran, while investors braced for a week packed with central bank decisions and earnings reports.
Iran
Refusing to cross, cannot escape: Seafarers recount Hormuz dangers
Euronews spoke to a crew member of a cargo vessel anchored off Pakistan for weeks and an Iranian maritime manager about dangers in the vital waterway — where traffic has fallen 90% since the war began and at least 95 seafarers in commercial roles have died.
Iran
IRGC mines set tankers ablaze as Tehran threatens expanded attacks
Iran’s foreign ministry further warned Washington it would retaliate against any strike, and an IRGC spokesperson threatened to target undersea internet cables in the Gulf in another escalation of the ongoing war of words between Tehran and Washington.
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Iran
Another tanker ablaze near Hormuz after two ships sunk in attacks
Iran said monitoring teams found the unnamed vessel ablaze after it entered a prohibited zone with its tracking systems disabled, two days after the container ship GFS Pride sank following a fire and the cargo ship Cape Dao also went down after being struck by a projectile.
Qatar
New strategies will make Qatar emerge stronger, emir says
Qatar's emir outlined in a speech to the nation how the Gulf nation has managed to overcome the consequences of the Iran war and will emerge stronger and better equipped to adapt to global changes by diversifying its economy and focusing on non-carbon industries in addition to existing LNG exports.
Iran
Iran's IRGC strikes tanker and threatens to target ships beyond Hormuz
Iran's Revolutionary Guard warned that vessels “violating” its designated routes would be pursued and "punished" anywhere in the region, as maritime agencies reported two further strikes on commercial ships in the Persian Gulf.
Economy
EU may need to cut winter gas demand by 7% as storage hits record low
The EU could have to curb gas consumption by 7% this winter, the Institute for Energy Economics and Financial Analysis warned on Friday, with stocks at their lowest for the time of year on record and the Iran war keeping prices high ahead of a full ban on Russian LNG imports from January 2027.
Business
QatarEnergy eyes LNG production in early 2027 amid $3bn loan reports
QatarEnergy is advancing its LNG expansion and has reportedly secured a $3 billion (€2.68bn) loan from Chinese banks as war damage and shipping risks constrain exports. Shipments through Hormuz are recovering, but remain far below pre-war levels.
Iran
Iran strikes tankers outside Hormuz in signs of expanding campaign
Two commercial vessels were hit within 24 hours — one off Qatar, the first attack in that area in six months, and one off Fujairah in the Gulf of Oman — as IRGC-affiliated outlets suggested Tehran had extended operations beyond the crucial strait.
Iran
Iran threatens pre-emptive strikes as US questions who runs Tehran
Iran's army spokesman said Tehran's forces were prepared to strike first "should circumstances require it," while IRGC officials claimed tighter control of Hormuz, and Washington publicly pondered how much authority Pezeshkian and Araghchi actually wielded.
Qatar
Qatar warns 'whole world is paying' for Iran war as talks continue
The Iran war has disrupted global trade as regional powers prepare to bolster Saudi Arabia’s defences. Qatar said talks to end the war remained active and backed the Mecca defence alliance, but added that it was too early to discuss joining the pact.
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