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73

Reported projectile strike heightens Strait of Hormuz shipping risk

A reported projectile strike, fire and vessel evacuation in the Strait of Hormuz on September 13 adds to already constrained maritime traffic, while the vessel’s identity, responsibility and whether Iranian and UK Maritime Trade Operations reports describe the same incident remain unconfirmed.

74

BRICS adopts New Delhi Declaration backing local-currency trade

BRICS leaders adopted the New Delhi Declaration on 12 September, opposing unilateral sanctions and trade barriers while backing greater local-currency use and stronger cross-border payment systems without setting a binding implementation timetable.

75

Commercial vessel reportedly struck during Strait of Hormuz transit

A commercial vessel was reportedly struck by an unidentified projectile during an outbound Strait of Hormuz transit on 13 September, while Iranian state media reported one death and three injuries on a vessel off Qeshm Island.

76

BRICS adopts joint Middle East restraint declaration

BRICS leaders adopted the New Delhi Declaration on 12 September, setting out a shared political call for restraint in the Middle East, protection of civilian and IAEA-safeguarded nuclear facilities, and opposition to unilateral sanctions not authorised by the UN Security Council.

77

BRICS adopts Middle East restraint and sanctions declaration

BRICS leaders have adopted a non-binding New Delhi declaration urging maximum restraint in the Middle East and opposing unilateral sanctions not authorised by the UN Security Council.

78

BRICS summit opens in New Delhi with divisions unresolved

The 18th BRICS Summit is under way in New Delhi on 12 September 2026, with differences over the Iran war, Ukraine, sanctions and relations with the United States constraining prospects for a common position.

79

U.S. tightens Iran aviation sanctions as wind-down deadline approaches

U.S. sanctions and licence suspensions targeting Iran’s aviation sector have been in force since September 8, with qualifying transactions under limited wind-down authority ending on September 23.

80

UK schedules expanded Iran sanctions for 29 September

The UK has laid regulations to widen Iran-related financial, trade and transport restrictions, with the measures scheduled to take effect on 29 September 2026 subject to parliamentary approval.

81

U.S. sanctions 27 Iranian airlines as UK restrictions await implementation

U.S. sanctions imposed on 8 September against 36 Iran-linked targets, including 27 Iranian airlines, are now constraining aviation-sector dealings, while separate UK sanctions amendments are due to take effect on 29 September.

82

U.S.-Iran escalation sharply curtails Strait of Hormuz shipping, keeping Brent above $100

Commercial traffic through the Strait of Hormuz is reported to be sharply reduced amid renewed U.S.-Iran attacks, with Brent crude remaining above $100 a barrel after briefly exceeding $105 on 10 September.

83

U.S.-Iran maritime escalation keeps Hormuz oil flows depressed and Brent above $100

Reciprocal U.S.-Iran tanker and shipping attacks have deepened disruption around the Strait of Hormuz, where reported oil flows remain far below pre-war levels and Brent is holding above $100 a barrel.

84

IAEA formally refers Iran safeguards non-compliance to UN bodies

The IAEA Board of Governors has directed its Director General to report Iran’s unresolved safeguards non-compliance to the UN Security Council and General Assembly, escalating the institutional nuclear-verification process without triggering automatic UN sanctions.

85

U.S.-Iran maritime escalation disrupts Hormuz shipping after tanker strikes

As of September 9, reported Iranian attacks on commercial shipping and missile launches toward Jordan have followed U.S. strikes that rendered five Iranian oil carriers inoperable, with Strait of Hormuz traffic sharply disrupted and Brent crude above $100 per barrel.

86

Iranian missiles reach Jordanian airspace after US tanker strikes

Jordan says it intercepted 18 of 20 Iranian ballistic missiles fired toward its territory on September 9 after US strikes on Iranian oil carriers, while Iran's claimed attacks on vessels near the Strait of Hormuz remain unverified.

87

UK lays expanded Iran sanctions package ahead of 29 September start

The UK has laid legislation to widen sanctions on Iran across finance, trade, shipping and aviation, with the measures scheduled to take effect on 29 September 2026 subject to parliamentary approval.

88

UK and US tighten Iran sanctions across aviation, trade and finance

As of 8 September 2026, the UK has broadened Iran-related sectoral sanctions while the United States has designated 36 aviation-linked targets and suspended several aviation authorizations.

89

Commercial shipping through the Strait of Hormuz remains severely disrupted

Commercial passage through the Strait of Hormuz remains severely disrupted after tanker attacks, while a U.S. maritime advisory continues to assess the risk of Iranian attacks on vessels as high.

90

U.S. strikes Iranian oil carriers as Hormuz shipping disruption deepens

U.S. Central Command says it struck three Iranian oil carriers on September 5 after alleged Iranian missile launches toward U.S. warships, while reported tanker traffic through the Strait of Hormuz has fallen sharply and Iran signals further restrictions.

91

US, UK, France and Germany pursue IAEA referral resolution on Iran

The United States, United Kingdom, France and Germany are negotiating a draft IAEA Board resolution that could report Iran’s safeguards non-compliance to the UN Security Council and General Assembly, but it had not been formally submitted or adopted as of 7 September 2026.

92

Iran’s disputed follow-on strike claim keeps Hormuz confrontation volatile

As of September 6, Iran says it struck an unmanned U.S. vessel near the Strait of Hormuz, a claim the U.S. military denies, following U.S. strikes on three Iranian oil carriers on September 5 after alleged missile launches toward U.S. warships.

93

US designates Türkiye-based bank network under Iran sanctions campaign

The United States has designated Golden Global Bank and two Türkiye-based subsidiaries under Iran-related authorities, while allowing a limited wind-down of eligible transactions until September 19.

94

US-Iran maritime exchange raises risk around the Strait of Hormuz

As of September 6, the confirmed picture is that US forces struck three Iranian oil carriers after CENTCOM said Iranian ballistic missiles targeted two US Navy warships; Iran’s subsequent claims of retaliatory attacks on tankers and US-linked vessels remain unverified.

95

US designation of Türkiye-based Golden Global Bank enters wind-down phase

Golden Global Yatirim Bankasi and two subsidiaries remain subject to US blocking sanctions, while a limited OFAC licence permits specified wind-down transactions until September 19.

96

US reports strikes on Iranian tankers after missile threat near Strait of Hormuz

US Central Command says it struck three Iranian oil tankers on September 5 after reported missile attacks on US warships near the Strait of Hormuz; Iranian state television separately acknowledged a US strike on a tanker near Kharg Island.