Latest Updates on West Asia Conflict

US sanctions 27 firms, 22 vessels in fresh crackdown on Iran's oil trade

The latest action was aimed at cutting off revenue used by the Iranian regime and targeting those facilitating Iran's oil sales and sanctions evasion

3 killed as Houthi attacks hit Saudi airports in Abha, Riyadh: Officials

Two attacks on airports in Saudi Arabia claimed by Iran-backed Houthi rebels in neighbouring Yemen killed three people Wednesday, Saudi officials said, as the kingdom was pulled deeper into the latest front in the Iran war. The Saudi General Authority for Civil Aviation did not blame any party for the attacks at Abha and Riyadh's King Khalid international airports, but Houthi rebels took credit earlier for the airport strikes. The attack on Abha airport killed Moroccan and Algerian residents and wounded 28 other people, while the attack on King Khalid airport killed a Sudanese national and wounded eight other people, officials said. As Riyadh has been targeted over the past week, new cage-like fences have been erected around fuel tanks and other equipment of the Saudi state-run Aramco oil company near the capital's airport. The kingdom, the world's top oil exporter, has seen oil and military assets targeted in recent days, posing a threat to crucial shipping alternative to the Strai

US rejects Iran's claim that Hormuz is closed, says crude moving through

US CENTCOM said that commercial and energy traffic, including 20 million barrels of crude oil, continues to move through the Strait of Hormuz as Iran warns some transit routes could be closed

Oil prices rise as West Asia shipping attacks fuel fresh supply concerns

Brent crude rises to $101.53 a barrel as attacks on tankers in the Gulf and Strait of Hormuz intensify, raising concerns over supply risks despite plans to release emergency oil stocks

Nobody knows who is running Iran, says Trump as war enters eighth month

Iran's foreign ​ministry spokesman said on Sunday Washington knows very well who their counterpart is in Iran and how the decision-making system in Iran works

Iran must cut enrichment to end war, says US Vice President JD Vance

Vance, a longtime skeptic of US involvement in foreign wars, has taken a leading role in negotiating a settlement to the conflict and brokered a provisional peace deal in June that quickly fell apart

Aramco CEO says less than 10% of world oil inventory is available

Aramco CEO Amin Nasser warned that global oil stocks are 'scarily thin' and said rebuilding inventories after the crisis could take up to two years

Iran's top security official warns of dire economic crisis as war drags on

The rare admission from Mohsen Rezaei, the security chief, came weeks after the US tightened sanctions and its naval blockade

Strait of Hormuz will not reopen until conditions are met, says Iran

Iran's parliament speaker Mohammad Baqer Qalibaf said the Strait of Hormuz will remain closed until Washington meets seven conditions agreed under a June interim pact

Trump declines to reveal next move on Iran, says conflict 'won't be long'

The US president said the situation was "working out very well" and predicted oil prices would fall once the Iran conflict ends, without giving details of his next steps or a timeline

5 Indians rescued after Kuwait-flagged tanker hit by projectile in Hormuz

The Indian Embassy in Oman coordinated the rescue of five Indian nationals aboard the crude oil tanker MT Kazimah III after it was struck by a projectile in the Strait of Hormuz

September LNG shipments via Hormuz hit highest since start of US-Iran war

A total of 19 LNG cargoes were shipped through the key waterway in September, made up of 13 from Qatar and ‌six from the United Arab Emirates, S&P Global Energy said

Fuel subsidies may top $1 trillion as Iran war drives energy costs, says UN

The UNDP warned the next couple of months will be particularly important for governments that have deployed price caps, subsidies and tax rebates as oil near $100-a-barrel

RTX recieves $24.4 billion US Navy missile deal to boost SM-6 output

RTX secured a five-year US Navy contract to accelerate production of SM-6 missiles as Washington seeks to replenish weapons stockpiles amid Iran war

US sends thousands of troops to West Asia as Trump weighs new Iran strikes

The US military is dispatching roughly 9,000 troops aboard a group of ships to the Middle East, a US official said Thursday. The bolstering of the American military presence comes as President Donald Trump warned that new strikes against Iran could be on the horizon. The troop movement, which includes a third aircraft carrier, underscores the rapidly evolving dynamic of Trump's war against Iran as he ponders his next move, with midterm elections in the United States looming large and new signs that the nature of the conflict may be becoming more complex. Trump has threatened that a post-midterm election escalation - despite his initial promises to Americans of a campaign that would last a matter of weeks - remains a viable option. Further complicating matters, Trump told reporters Thursday that early indications suggest that Iran is linked to the FlyDubai co-pilot who stabbed his captain and tried to crash an Israel-bound flight on Wednesday. In an exchange with reporters at the Whi

Oil prices steady as investors assess US-Iran peace talks, supply outlook

Brent was near $98 a barrel after rising about 14% in September, while investors weighed stalled US-Iran peace talks and signs of a recovery in West Asia oil exports