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Reuters

Iran said on Wednesday it had attacked 10 ships near the Strait of Hormuz after the US sank five Iranian oil tankers, in the biggest declared wave of tit-for-tat attacks on shipping by both sides since the start of the six-month-old war.
The attacks sent the price of oil surging, with benchmark Brent crude futures breaching US$100 a barrel for the first time since July. At least one seafarer aboard a tanker was reported killed and another listed as missing.
Iran also said it had fired ballistic missiles at a ‌base used by US forces in Jordan. Attacks by both sides since the end of August have shattered a month of relative calm, with the US and Iran hitting military, shipping and energy assets.
Iran’s Islamic Revolutionary Guard Corps (IRGC) said they would sharply escalate their response to any further attacks, hitting 20 targets if the enemy struck two or three. Iran would soon release maps of a new, enlarged off-limits zone at sea that would extend as far as Chabahar on the far reaches of Iran’s coast near Pakistan, the IRGC said.
Recent days have also seen an escalation in fighting between Saudi Arabia and the Houthis in Yemen, a second theatre of war that threatens global energy supplies from the Middle East.

The Americans said they destroyed five Iranian oil tankers overnight, releasing video of ships ablaze before they sank. The US military’s Central Command called its attacks a response to Iran’s Islamic Revolutionary Guard Corps targeting a US Navy ⁠warship twice with ballistic missiles over the previous two days. No Americans were harmed, the US said.
Washington has announced a new policy of attacking Iranian tankers in retaliation for fire that threatens its warships, and says it has hit 10 so far over ‌the past week.
“Iran continues to try to hit US naval ships, and for every time they do that or try to do that, they’re going to lose tankers,” US Secretary of State Marco Rubio told reporters during a visit to Colombia.
Iran said it fired on two US ships and eight tankers in response.
One seafarer was killed aboard the oil products tanker Hercules Star while at anchorage ‌off Dubai and another crew member was missing, said the vessel’s charterer, Peninsula. Maritime security sources said it could have been hit by a drone.
The British maritime security agency UKMTO described a vessel in the ⁠vicinity that was listing, possibly taking on water after being struck ⁠by a projectile. Reuters could not immediately determine whether this referred to the same ship.

Two Iraqi port officials said a tanker carrying 2 million barrels of fuel oil, the New Andros, had caught fire after being struck by a drone in Iraqi waters. There were no reports of casualties among the 22 crew. ‌The Iraqi government confirmed the incident and said the tanker had been used for storage.
The UKMTO said it had received reports of several merchant ships struck by disabling fire in the northern Gulf and Gulf of Oman, on either side of the strait.
Iran also threatened oil tankers in Kuwaiti and Bahraini ports, according to a statement ‌carried ‌by state media. A maritime security source reported a liquefied natural gas tanker was damaged in the Emirati port of Khor Fakkan.
The IRGC also said on Wednesday it had fired ballistic missiles at a base used by US forces near Al Azraq, ‌in eastern Jordan. Jordan said its air defences had intercepted 18 of the 20 Iranian missiles, with two falling harmlessly in unpopulated areas. A US official said Iran’s strikes in Jordan were ineffective and all American troops were accounted for.
In recent weeks ⁠Washington had boasted of increasing success guiding tankers through the strait, which carried a fifth of oil supplies before the war. But any such gradual reopening appears to have been set back by a resumption of fighting this month.

Claudio Galimberti, chief economist ⁠at consultancy Rystad Energy, said flows through Hormuz had fallen back as low as 2 million barrels per day, having reached as high as 8 million to 9 million bpd in the week before fighting resumed on August 30.
Even more severe than the rise in crude prices has been a surge in the cost of the fuels refined from it. The politically sensitive average retail price of US diesel hit a fresh all-time high on Wednesday ‌above US$5.94 a gallon. Petrol is also more expensive than ever at ‌this time of the year.
Escalating combat between Saudi Arabia and the Iran-aligned Houthi movement that controls most populated parts of Yemen has created additional uncertainty for energy markets.
On Tuesday, the Houthis launched an attack on four cities in Saudi Arabia, causing huge fires visible from space at oil installations. Saudi authorities said 73 people were wounded. The Saudi Press Agency released footage showing homes damaged and injured patients in hospital.
Saudi authorities announced alerts on Wednesday in two of the cities hit the previous day, but later said the threat had passed.
A Saudi-backed government based in the south of Yemen has launched a multipronged assault on areas controlled by the Houthis, who have threatened Saudi shipping in the Red Sea.


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Iran, UAE leaders discuss de-escalation as oil supply worries spike

US-Israel war on Iran

Iran, US engage in wave of tit-for-tat attacks on shipping

 Iranian crude oil carrier M/T Riesco burns as it sinks after being struck. Photo: CENTCOM via Reuters

Jordanian air defences engaging missiles launched from Iran. Photo: EPA

Iranian oil tankers after being struck by US forces. Photo: CENTCOM via Reuters

A frame grab on Wednesday shows damage following Iran-backed Houthi strikes at an undisclosed location in southern Saudi Arabia. Photo: Handout / Saudi Ministry of Media / AFP

The M/T Riesco on fire following a strike by US forces. Photo: CENTCOM via Reuters

The M/T Riesco sinks after being struck. Photo: CENTCOM via Reuters

US targets Iran’s airlines with sweeping new sanctions

An Iranian airline Mahan Air plane lands at what is said to be Hodeidah airport in Yemen in footage released in July. Photo: Al Masirah TV via Reuters

US Treasury Secretary Scott Bessent speaks during a press conference in Asheville, North Carolina, on September 1. Photo: Reuters

Vessels in the Strait of Hormuz are seen from Musandam, Oman, on Sunday. Photo: Reuters

Houthi attacks on Saudi Arabia ignite fires at oil facilities, wound dozens

A file photo shows a Houthi drone launching from an undisclosed location in Yemen. A wave of Houthi strikes targeted civilian and economic sites across southern Saudi Arabia on Tuesday. Photo: Houthi Media Centre via EPA

Yemeni government forces and National Resistance Forces fire at Houthi fighters on the Kadha front, west of the city of Taiz, on Tuesday. Photo: Yemen National Resistance Forces / AFP

Trucks burn after they were targeted by ballistic missiles launched by the Houthis near Al-Wadiah military camp in Hadramout province, Yemen, on Monday. Photo: Houthi Media Centre/Handout via Xinhua

An air strike hit a prison in Houthi-controlled Jawf province in northern Yemen on Monday, causing casualties. Photo: Houthi Media Centre via Xinhua

Iranians recount horrors of suspected US missile attack on first day of war

A damaged car beside a wall bearing numerous impact marks near the site of a strike in Lamerd, southern Iran, on February 28. Photo: Tasnim News Agency via AP

Mohammad Reza Barfar, who suffered severe lacerations to his left leg. Photo: Kyodo

Ali Ahmadizadeh and his wife, who lost their only daughter Helma. Photo: Kyodo

Smoke rises from a damaged sports hall in Lamerd, southern Iran, following a missile strike on February 28. Photo: Tasnim News Agency via AP

A road bearing fragmentation damage from the February 28 attack. Photo: Kyodo

A man inspects an impact crater from a projectile following a missile strike in Lamerd, southern Iran, on February 28. Photo: Tasnim News Agency via AP

Iran plans new ‘exclusion zone’ outside Strait of Hormuz after ship attacks

A motorboat passes a general cargo ship anchored in the Strait of Hormuz off Bandar Abbas, Iran on Sunday. Photo: AP

US Central Command said Saturday that one of the tankers it struck, the Kylo, had sunk in the Gulf of Oman. Photo: US Central Command via Reuters

Mohsen Rezaei, the head of Iran’s Supreme National Security Council. Photo: Reuters

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The attacks in and around the Strait of Hormuz sent oil prices surging, as Tehran says it also fired ballistic missiles at a US base in Jordan


The attacks in and around the Strait of Hormuz sent oil prices surging, as Tehran says it also fired ballistic missiles at a US base in Jordan.


Iran, US engage in wave of tit-for-tat attacks on shipping

.css-1c6uqr6{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;overflow-wrap:break-word;}The attacks in and around the Strait of Hormuz sent oil prices surging, as Tehran says it also fired ballistic missiles at a US base in Jordan

The attacks in and around the Strait of Hormuz sent oil prices surging, as Tehran says it also fired ballistic missiles at a US base in Jordan