Ukraine’s Drone Campaign Reaches Deeper Into Russia’s Oil Industry
A reported Ukrainian drone strike hit the Salavat industrial zone, highlighting Kyiv’s campaign against Russian fuel infrastructure and its limits.
Energy Security
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IEA Tracks Global Response as Strait of Hormuz Disruption Drives Largest-Ever Emergency Oil Release
The International Energy Agency is tracking measures by governments in nearly 80 countries after disruption around the Strait of Hormuz caused what it calls the largest supply disruption in oil-market history.
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Ukraine’s Drone Attack on Russian Oil Hub Kills 13, Officials Say
A Ukrainian drone attack struck an oil hub inside Russia on Aug. 10, according to Russian officials cited by The Associated Press, amid repeated overnight strikes by both countries.
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ASEAN Says South China Sea Code Talks Are Progressing Toward a 2026 Deadline
ASEAN foreign ministers said negotiations with China on a South China Sea code of conduct have progressed, setting an end-of-2026 target while leaving the agreement unfinished.
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Iran and Oman say Strait of Hormuz deal is near as Donald Trump presses compromise on Aug. 7, 2026
Iran and Oman have moved closer to an arrangement to reopen the Strait of Hormuz, but major disagreements remain over Iranian control, fees and the terms of any temporary framework.
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Iran and Oman Near Strait of Hormuz Shipping Arrangement as Vessel Traffic Remains Reduced
Iran and Oman were reported on Aug. 7 to be finalizing a framework for navigation through the Strait of Hormuz, but key terms and the extent of any reopening remained unresolved.
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U.S.-Iran war pushes oil higher as global markets absorb August 6 uncertainty
Oil prices rose and U.S. stocks edged lower on August 6 as uncertainty over the U.S.-Iran war raised concerns about energy flows, shipping and the global economy.
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OPEC+ Approves 188,000-Barrel-a-Day September Increase as Energy Disruptions Continue
The OPEC+ producer alliance approved a modest September quota increase while warning that attacks on energy infrastructure remain costly and disruptive.
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Ukraine’s Drone Campaign Reaches Deeper Into Russia’s Energy Network
Strikes on Russian refineries and rear-area infrastructure are widening pressure on Moscow, but the campaign’s lasting military and fuel-market effects remain uncertain.
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EU Oil Watch: ‘No Immediate’ Supply Concern, Chokepoint Risks Widen
EU says there’s no immediate oil supply problem in Europe, but renewed Middle East disruptions could tighten global markets in coming weeks and months.