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Persian Gulf

All articles tagged with #persian gulf

U.S. Oil Holds Fire on Gulf Market Takeover Amid Modest Growth
business19 days ago

U.S. Oil Holds Fire on Gulf Market Takeover Amid Modest Growth

U.S. oil output is set to rise only modestly next year, with smaller producers drilling more while majors like Exxon and Chevron keep plans unchanged amid uncertainty from the Middle East conflict. The EIA now expects output to top about 14 million barrels per day, a gain from earlier expectations, but the war is unlikely to allow the United States to capture significant market share from Persian Gulf producers.

Gulf Rejects the Myth of a Controllable Tehran
opinion1 month ago

Gulf Rejects the Myth of a Controllable Tehran

An opinion piece argues the Gulf can no longer treat Tehran’s threat as manageable; Tehran’s missiles, economic pressure, and actions around the Strait of Hormuz demonstrate an existential challenge, prompting a shift from passive diplomacy toward active alignment with the Iranian people, Israel, and the United States to counter Tehran and safeguard regional prosperity.

Trump on the Brink of Restarting Iran War
middle-east1 month ago

Trump on the Brink of Restarting Iran War

A Quincy Institute analysis says Trump appears set to revive hostilities with Iran within 48 hours, after threats on Truth Social and perceived failed escalations. Tehran reportedly believes a new war could force stronger negotiating leverage, and its plans reportedly include broad retaliation against US allies and interests—potentially targeting UAE data centers, Trump's business interests, and widening the conflict to the Red Sea and critical fiber-optic cables. While escalatory dynamics are dangerous, the author cautions that renewed war is not inevitable and depends on misperceptions of how it might improve negotiating positions.

Dual Blockade Grips Hormuz, Pushing Global Oil Security to the Brink
world2 months ago

Dual Blockade Grips Hormuz, Pushing Global Oil Security to the Brink

UKMTO warns the Strait of Hormuz is effectively closed under a “dual blockade”—Iran’s naval actions and a US-led blockade—causing traffic to plummet from about 3,000 monthly crossings to roughly 150 in March and leaving around 20,000 mariners stranded aboard vessels. With the strait carrying about a quarter of global seaborne oil and no viable alternative routes, energy markets face price spikes and potential shortages, fueling what the IEA calls the greatest energy security challenge in history.

Spruance Fires 5-Inch Deck Gun at Iranian Vessel, First Such Action Since 1988
world2 months ago

Spruance Fires 5-Inch Deck Gun at Iranian Vessel, First Such Action Since 1988

The USS Spruance fired its 5-inch MK 45 deck gun at the Iranian cargo ship Touska on April 19, marking the first time a U.S. warship used a deck gun against another vessel in nearly four decades (the 1988 Praying Mantis engagement). Touska was not sunk but boarded and seized, and the broader Iran-US naval clash remains context for ongoing tensions in the Persian Gulf.

Energy Crisis Could Outpace the 1970s in Scale and Reach
world3 months ago

Energy Crisis Could Outpace the 1970s in Scale and Reach

An opinion piece argues the current energy crisis—driven by Strait of Hormuz disruptions and Gulf diversification—could trigger a global downturn potentially larger than the 1970s or COVID-19. It highlights rising oil and gas prices, regional cutbacks, and the risk of long-term supply losses from ongoing conflict. While renewables offer a path, the transition may be too slow to avert sustained economic pain, and geopolitical actions could intensify the crisis before it improves.

Hormuz to Malaysia: US Navy LCS Reappear in Penang After Gulf Disappearance
world3 months ago

Hormuz to Malaysia: US Navy LCS Reappear in Penang After Gulf Disappearance

Two US Littoral Combat Ships, Tulsa and Santa Barbara, assigned to mine-countermeasure missions in the Persian Gulf, vanished from the Strait of Hormuz amid rising tensions with Iran and were later photographed docked at the North Butterworth Container Terminal in Penang, Malaysia. The Navy said the ships were on brief logistical stops, raising questions about whether they will return to the Gulf as the third LCS, Canberra, remains unlocated. The episode underscores debates over the effectiveness of mine-countermeasures and Navy readiness in a critical waterway.