Bahrain

US and Iran exchange attacks around the Strait of Hormuz

The U.S. and Iran have once again exchanged attacks around the Strait of Hormuz overnight. The new waves of attacks come after claims that Iran shot down a U.S. helicopter.

Strong rise in oil prices puts upward pressure on diesel and gasoline at Swedish gas stations

A higher oil price and a stronger dollar are putting upward pressure on diesel and gasoline at Swedish gas stations. The price of North Sea oil (Brent) is up almost 5 percent, to just over $97.50 per barrel, as the ceasefire in the Middle East is threatened after Israel responded to Sunday's Iranian missile attacks.

Why oil prices aren't at record levels yet

The dark prophecies of oil prices of around $200 per barrel following Iran's blockade of the Strait of Hormuz have not come true. At least not yet. There are a number of explanations for the relatively mild price shock.

US shoots down two Iranian drones that threatened international maritime traffic in the Strait of Hormuz

Iran condemns US attacks on radar facilities as flagrant violation of ceasefire

Iran condemns U.S. attacks on radar facilities, calling the raids a flagrant violation of the ceasefire. The Iranian military also responded with missile strikes on U.S. bases in Kuwait and Bahrain.

Deadly attack on Kuwait International Airport - over 60 injured

One person has been killed and around 60 people injured in an Iranian drone attack on Kuwait's main airport. Videos purportedly showing the terminal show extensive damage. Iran describes the attack as a response to US strikes originating from Kuwait and Bahrain.

Oil prices rise after stalled negotiations as Iran cuts off communications with the United States

Oil prices are rising sharply after Iran announced it is cutting off all communications with the United States.

Trump wants to see expanded Abraham Accords

As part of a peace deal with Iran, Donald Trump is demanding that leaders of several Muslim-majority countries sign the so-called Abraham Accords.