The story so far
Hormuz Tanker Crisis
Tracked across 5 sources · Updated 4h ago
Iran strikes two oil tankers under US escort in the Strait of Hormuz, spiking oil prices and rising tensions. US threatens more strikes, Kuwait faces drone attacks, and global markets steady as Indian fuel prices remain unchanged despite volatility.
How it unfolded
22h ago
Trump threatens more strikes as tensions spread to Kuwait
2d ago
Iran strikes 2 tankers under US air escort
4d ago
Oil prices jump 7% as Middle East chaos flares
What happened earlier
Latest updates
Latest
Full story →Petrol, Diesel Prices Today (August 1): Check Fuel Rates in Delhi, Bengaluru as Brent Records Biggest Monthly Gain
Petrol and diesel prices in India remained unchanged on August 1.
Fuel rates have been stable since May 25.
Brent crude oil prices rose to around $88 per barrel due to supply concerns.
Price stability occurred despite global market volatility.
Earlier · 3d ago
Full story →Oil prices jump over 7% as Middle East chaos flares up, brent crude back at $90 per barrel
Brent crude rose 7.47% to $90.37 a barrel, while US WTI gained 7.15% to $84.93.
Renewed strikes involving the US, Saudi Arabia, and Iran-backed groups ignited supply concerns.
Iran targeted ships in the Strait of Hormuz and US bases in Jordan; US and Saudi strikes hit Iran-backed groups in Iraq.
President Trump said the US would respond with retaliatory strikes against Iran.
Analysts expect Brent oil to remain volatile in the $80-$100 range as conflict continues.
Earlier · 1d ago
Full story →Iran Strikes 2 Tankers Trying To Cross Strait Of Hormuz Under US "Air Escort"
Iran's IRGC struck two oil tankers attempting to cross the Strait of Hormuz under a US air escort.
Four other tankers changed course and returned to their previous positions after the strikes.
The incident escalates tensions in the Strait of Hormuz, a critical oil shipping route.
Earlier · 22h ago
Full story →Trump gathers Cabinet at Camp David after Iran strikes 2 oil tankers under US escort in Hormuz
Iran struck two oil tankers in the Strait of Hormuz under US escort.
Iran's Islamic Revolutionary Guard Corps said the tankers were non-compliant and using an undeclared route.
Four other oil tankers changed course and returned to their previous positions.
US President Donald Trump gathered his cabinet at Camp David to discuss the escalating war and rising prices.
The incident occurred as US midterm elections were forthcoming.