The Iran war is escalating. Overnight, Iran fired missiles at US ships and a number of other vessels in the Strait of Hormuz. The attacks come shortly after the US attacked and destroyed five Iranian oil tankers.
ConflictsThe ongoing fighting with Iran is not a war, says US Vice President JD Vance - after the US and Iran exchanged attacks all week.
ConflictsIranian attacks were directed at Kuwait during the night of Thursday.
ConflictsIran has responded to US bombings with attacks on several countries in the Middle East. Donald Trump insists the US has almost total control of the Strait of Hormuz - but Iran says two ships are on fire after hitting mines there.
WorldThe world market price of crude oil is being dampened as oil traffic through the Strait of Hormuz has increased. Kuwait and Qatar have followed the United Arab Emirates, which has for some time been exporting large volumes of oil using shuttle traffic near the coast of Oman.
BusinessThe price of oil tankers - both newly built and on the secondary market - has surged to more than SEK 1.2 billion per vessel in the wake of the Iran war. These are the highest price levels since 2008.
BusinessTalks on the Strait of Hormuz are moving in a positive direction, says Oman’s negotiator. Iran again says that an agreement is close, but also says that opening the strait requires the US to compensate Iran for violations of the agreement concluded in June.
WorldIran has attacked two tankers that attempted to pass through the Strait of Hormuz, the Revolutionary Guards said.
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