Iran - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012

Iran cover image

Iran

October 6, 2026

Tehran 8:30 am

22°C

Vessels transit the Strait of Hormuz off the coast of the port city of Bandar Abbas in southern Iran

Hormuz tanker attacks mount, putting oil flows at risk

Roughly a dozen reported attacks on tankers transiting the Strait of Hormuz suggests Iran is once again dialing up the pressure as US economic sanctions plunge the rial to new lows.

Iranian Oil Minister Mohsen Paknejad looks on during the 27th Gas Exporting Countries Forum ministerial meeting, Doha, Qatar, Oct. 23, 2025.

Iran’s economy deteriorates, oil minister resigns, workers protest: What to know

Iran’s oil minister has resigned amid mounting economic pressure from US sanctions and restrictions on the country’s exports.

US President Donald Trump and China's President Xi Jinping hold a bilateral meeting in the Oval Office

Analysis

Why Trump-Xi summit did not move the China needle away from Iran

Beijing's incentive to alienate Iran has shrunk as the war has dragged on.

Yun Sun

In Washington, DC, reporting on China-Middle East ties

nyse

Analysis

Gulf oil exports are back, but how durable is recovery?

Middle East oil exports rebounded in September as Tehran's grip on the Strait of Hormuz erodes, but markets have hardly celebrated a crude revival that could prove short-lived.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Latest News

Analysis

After US exit, Iran gains space in Iraq and a harder balancing act

Members of Iraq's Hashed al-Shaabi (Popular Mobilization) paramilitary forces stand guard during an election rally for the "Asaib Ahl al-Haq" movement in the capital Baghdad, on October 7, 2021.

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics

Trump’s integration policies build on Gulf, Turkey ties and Syria success

US President Donald Trump meets Syrian President Ahmed al-Sharaa (L) on the sidelines of the NATO Summit at Bestepe Presidential Compound in Ankara, on July 8, 2026.

Turkey seizes Iran’s Caspian Airlines jet over $3.4M debt

A Caspian Airlines McDonnell Douglas MD-83 lands at Sabiha Gokcen Airport in Istanbul, Turkey, on Aug. 17, 2014.

Analysis

As Iran’s grip on Hormuz weakens, what leverage does Tehran have left?

A woman crosses a street near a giant billboard erected on the facade of a building depicting a member of Iran's Islamic Revolutionary Guards Corps placing his foot on a US sea drone, reportedly seized by Iran in the Strait of Hormuz, in Vanak Square in Tehran, on Sept. 24, 2026.

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics

Elizabeth Hagedorn

Diplomatic Correspondent

In Washington, DC, reporting on diplomacy, regional politics, human rights

Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

A correspondent in Tehran

In Tehran, reporting on politics

Benjamin Houghton

In Durham, reporting on China in the Middle East

Rahim Rahimov

In Baku, reporting on Middle East-Caucasus ties

Mehrnaz Samimi

In Washington, DC, reporting on Iranian culture

Iranian-made Zolfaghar missiles are seen on display beside a large portrait of Iran's supreme leader Mojtaba Khamenei at Baharestan Square in Tehran on Sept. 28, 2026.

After indirect talks, new US sanctions target Iran's weapons supply

The latest sanctions come after the two sides held another round of indirect talks over a possible deal to end the war.

Saudi stocks hit wartime low as Aramco slides, Gulf oil exports rebound

Saudi Arabia’s Tadawul All-Share Index fell 1.17% on Tuesday, dragged down by oil giant Aramco, as investors digested signs that Gulf oil exports are recovering.

A man counts Iranian rial notes

Iran’s rial hits record low as pressure on oil exports mounts

The rial was trading at more than 2.5 million to the dollar in Tehran's open market on Tuesday.

Ghalibaf

Iran’s IRGC slams Trump as Ghalibaf threatens oil infrastructure

Iranian Parliament Speaker Mohammad Bagher Ghalibaf has warned that no other country in the region will be able to sell oil if Iran is unable to do so.

An Airbus A321 airliner arrives at the Mehrabad international airport during the delivery of the first batch of planes to the Iranian state airline Iran Air in the capital Tehran on Jan. 12, 2017.

Iraq announces Iran flights to resume: What to know

Iraqis protested the latest move aimed at pressuring Iran and an Iran-backed militia vowed a response if the flights do not come back.

In this handout released by the US Navy on July 15, 2010, the aircraft carrier USS Theodore Roosevelt (CVN 71) transits the Pacific Ocean.

New US aircraft carrier heads to Middle East as Iran war stretches on

The USS Theodore Roosevelt is expected to be the fifth US Navy carrier to participate in the now seven-month war against Iran.

Members of Iran's Basij paramilitary force march with riffles during a military rally named Jan-Fada in Tehran, Sept. 18, 2026.

Iran rallies thousands of volunteer fighters as talks with US stall: What to know

Iran has been leading a volunteer recruitment drive and providing military training to civilians as talks with the US remain stalled.

In this picture obtained from Iran's ISNA news agency on June 18, 2026, vessels are seen anchored in Bandar Abbas along the Strait of Hormuz.

Oil rises amid Hormuz impasse, Trump attack threat

Oil rose after weekend reports suggested talks to reopen the Strait of Hormuz had stalled.

A tugboat guides a ship at the Khor Fakkan Container Terminal, the only natural deep-sea port in the region and one of the major container ports in Sharjah Emirate, along the Gulf of Oman on July 14, 2026.

Analysis

Could Iran's 7-day Hormuz proposal culminate in diplomatic deal?

Iran's proposal to reopen the Strait of Hormuz in seven days brings into focus the central challenge facing diplomacy with Washington: how to turn military leverage into a negotiated path without giving up too much in return.

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics

An Iran Air Airbus A300 prepares for boarding at Tehran Imam Khomeini International Airport in Tehran, Iran, Aug. 16, 2016.

‘Free for all or for no one’: Iran warns neighbors over flight bans

Several countries in the region have suspended Iranian flights under US sanctions after Washington warned global companies they would no longer have access to the dollar system if they do business with Iranian airlines.

Hector RETAMAL / AFP via Getty Images

Iran flights continue, UAE route closes on day 2 of US sanctions

All flights by Iranian carriers to the UAE have been canceled, according to Iran's ISNA news agency.

AFP via Getty Images

Iran threatens to expand war to Indian Ocean: What to know

An adviser to Iran's supreme leader has threatened to open a new front in the Indian Ocean if the US resumes its strikes against Iran.