Red Sea

Comments by Iranian officials indicate that the Strait of Hormuz would not reopen to shipping anytime soon

The Mecca Pact formalises mutual defence among three major Muslim powers, reflecting declining confidence in Western security guarantees

Ukrainian President Volodymyr Zelenskyy said that Ukraine's forces struck a Russian warship and vessels used for transporting Iranian-linked military cargo in the Caspian Sea

Analysts note that while physical supply has held up better than feared thanks to U.S. output and weak demand elsewhere, “it may not last” if attacks intensify