Iranian waterway hit by loud blasts, unconfirmed Arab reports say
Unconfirmed Arab sources report multiple severe explosions in the Strait of Hormuz, targeting a tanker.
1 h ago2 min read
Crude oil jumps on report of Iranian missile launches
Iran launched ballistic missiles, pushing WTI crude oil above $90 after a low of $79 on Aug 26.
04/09/2026 15:112 min read
Today, WTI crude oil futures turned higher amid news that Iran launched ballistic missiles.
Iran announced it was moving to a pre-emptive doctrine, and indications of this are increasing as the country attempts to disrupt shipping in the Strait of Hormuz.
On Aug 26, WTI touched a low of $79; it has since climbed back above $90.
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