14 briefings

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01

G7 begins 100 million-barrel emergency stock release as Hormuz risks persist

The G7 is beginning an IEA-coordinated release of 100 million barrels of crude and diesel over four months, with a substantial diesel tranche due within 20 days, while disruption risks to shipping through the Strait of Hormuz remain unresolved.

02

US-Iran exchange sustains high shipping risk in the Strait of Hormuz

The renewed US-Iran military exchange is sustaining high operational risk for commercial shipping in and around the Strait of Hormuz as of 3 September, amid confirmed vessel damage, casualties and active maritime-security warnings.

03

US-Iran exchange heightens Hormuz transit risk

A renewed U.S.-Iran military exchange has spread to U.S. positions and Gulf states, raising acute but unquantified risks to shipping and energy movements through the Strait of Hormuz.

04

Iranian retaliation widens exposure after U.S. strikes on IRGC targets

Iranian missile and drone attacks on September 2 prompted defensive responses in Bahrain, Kuwait and Jordan after U.S. Central Command said it struck Iranian Revolutionary Guard military targets the previous day, renewing direct escalation and intensifying maritime risk around the Strait of Hormuz.

05

US-Iran escalation spreads to Iraq and Bahrain after 13th night of strikes

US-led forces completed a 13th consecutive night of strikes in Iran early on 24 July, followed by intercepted explosive drones over Irbil and Iranian aerial attacks intercepted by Bahrain.

06

US strikes in Iran continue as maritime risks spread to Bahrain and the Red Sea

As of 24 July, US Central Command says it has completed a 13th consecutive night of strikes in Iran aimed at reducing threats to commercial shipping, while Bahrain has issued shelter warnings and Houthi actions have raised risks for Saudi-linked shipping in the Red Sea.

07

US expands Iran strikes as port blockade disrupts Hormuz transit

As of July 20, the United States is sustaining an expanded strike campaign against Iranian military and maritime capabilities while enforcing its announced blockade on Iranian ports; Iranian retaliation has reached Gulf states and Jordan, and commercial transit through the Strait of Hormuz is materially disrupted.

08

US renews Iran port blockade as Hormuz access remains contested

The United States has renewed its naval blockade of Iranian ports and conducted further strikes, while Iran says the Strait of Hormuz remains closed and maritime access through the chokepoint is contested.

09

US-Iran strikes widen Gulf conflict as Hormuz access remains contested

On 12 July, US Central Command said it struck about 140 targets in Iran after a reported attack on a container ship in the Strait of Hormuz, while Iran reportedly attacked several Gulf states and the safety of commercial navigation remained unresolved.

10

US-Iran fighting resumes as Iran declares Strait of Hormuz closed

US forces have renewed strikes on Iranian military targets after a container ship was attacked in or near the Strait of Hormuz, while Iran says the waterway is closed and attacks have spread to US-linked facilities across Gulf states.

11

US completed a new round of strikes on Iranian military assets after reported attacks on commercial shipping in the Strait of Hormuz

By 8 July 2026, the United States said it had completed an additional wave of strikes on Iranian military targets tied to reported attacks on three commercial vessels in and near the Strait of Hormuz, while the U.S. also replaced its 21 June Iran oil authorisation with a wind-down licence and Iran claimed retaliatory attacks on U.S. sites in Bahrain and Kuwait.

12

U.S. struck Iran and reimposed tighter oil-sales restrictions after Hormuz ship attacks, as Iran retaliated against Bahrain and Kuwait

After reported attacks on three commercial ships in the Strait of Hormuz, the United States struck Iranian targets early on 8 July and replaced its earlier Iran oil-sales authorization with a wind-down measure, while Iran retaliated against Bahrain and Kuwait and tanker turn-backs extended the disruption.

13

US and Iran reportedly restored a halt on attacks and set Qatar talks after renewed Hormuz escalation

As of 29 June 2026, the current governing development was a reported US-Iran agreement on 28 June to halt renewed attacks and resume talks in Qatar, even as shipping security around the Strait of Hormuz remained unstable after fresh strikes, a vessel attack, and regional spillover to Bahrain and Kuwait.

14

Hormuz de-escalation framework remained broken after fresh attacks near Bahrain and in the strait

By 27 June 2026, the short-lived IMO-backed maritime de-escalation and evacuation framework around the Strait of Hormuz remained broken after Bahrain reported a drone attack and maritime authorities reported another vessel struck in the strait.