Iraq devalues dinar 13% as Hormuz disruption hits oil revenue The central bank said in a statement that it had revised the official exchange rate to 1,520 Iraqi dinars per dollar from around 1,320. Iraq
Explainer Rubio says Iran ‘lost’ Hormuz. Has it? US Secretary of State Marco Rubio said Wednesday that Iran has “lost complete control” of the waterway, pointing to the recovery in Gulf oil exports in September. Iran
Turkey, Pakistan to deploy forces to Saudi Arabia amid Houthi attacks Turkish, Saudi and Pakistani officials agreed to bolster military cooperation under the Mecca defense pact as Houthi attacks and fighting in Yemen intensify. Turkey
Mideast oil exports surpass prewar levels despite pipeline, ship attacks Bloomberg reported on Monday, citing sources, that Saudi Arabia’s key East-West Pipeline was flowing as normal, despite an earlier report that it had closed again following a new attack. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Analysis As Iran’s grip on Hormuz weakens, what leverage does Tehran have left? By A correspondent in Tehran In Tehran, reporting on politics
Iraq’s Zaidi doubles down on militia disarmament, boosting oil exports Iraqi Prime Minister Ali al-Zaidi made the comments amid Hormuz-related export struggles and a nearing deadline for armed groups to disarm. Iraq
China slams Trump over economic war on Iran: What to know China’s once significant oil imports from Iran have been impacted by the war in the region and increasing US sanctions. Iran
Explainer Iraq seeks special Hormuz access from Iran in scramble to keep oil flowing As Iran's parliament speaker holds talks in Baghdad, Iraq has asked Tehran for special consideration for its oil exports. Iraq
Turkey looks to expand Syria energy footprint into oil, gas Turkish Energy Minister Alparslan Bayraktar said state oil giant TPAO and private companies are ready to explore for oil and gas onshore and offshore in Syria. Turkey
Oil nears $92 on UAE missile alert as Trump claims Iran talks stuck Brent crude climbed near $92 a barrel on Tuesday, reaching its highest level this month amid new escalatory developments. United Arab Emirates
Iran says understanding reached with Oman over new Hormuz route map Iranian Foreign Ministry spokesperson Esmail Baghaei told reporters in Tehran on Monday that “an understanding has been reached regarding the map of the transit route.” Iran
Oil spills off Oman, Iran's Qeshm Island reap environmental havoc amid war One oil leak off the coast of Oman is estimated to cover more than 772 square miles, devastating local habitats. Oman
Iran’s Hormuz authority denies Trump claims of control over strait: What to know Trump administration officials have said oil shipments through the Strait of Hormuz are rising, but maritime traffic remains diminished. Iran
Analysis Libya’s oil revival faces new test as violence returns amid US peace push A drone strike destroyed a power substation in Zawiya as a US-backed peace push appears to be roiling domestic tensions. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Hormuz traffic sinks to one-week low as ships attacked, talks stagnate The United States and Yemen's Houthi rebels carried out separate attacks on commercial ships on Tuesday in the Gulf of Oman and the Red Sea. Iran
Turkey’s Fidan heads to Libya as US-backed unification push gathers pace The Turkish foreign minister will hold talks in both Tripoli and Benghazi as Ankara seeks to preserve its military, maritime, energy and commercial interests while Washington pushes Libya’s rival camps toward a power-sharing arrangement. Turkey
Kuwait's LNG imports climb to highest level since start of Iran war The country's domestic gas production has fallen drastically since the beginning of the US-Israel-Iran war in February. Kuwait
