US-Iran war: Tanker hit in Hormuz as oil falls towards $100 — what UAE residents need to know tonight
The US-Iran conflict remains tense on Monday, with a tanker struck while entering the Strait of Hormuz, Iran warning against renewed US attacks and attention increasingly turning towards possible diplomacy at the UN General Assembly in New York. Oil prices, meanwhile, have fallen towards $100 a barrel as markets weigh hopes of diplomatic progress against continued disruption to shipping and Saudi…
On Monday, a tanker was hit while navigating the Strait of Hormuz, raising concerns about potential escalation in the US-Iran conflict. Iran threatened retaliation, while markets focused on the possibility of diplomacy ahead of the UN General Assembly. Oil prices dipped towards $100 a barrel amid uncertainty over shipping and energy infrastructure.
US Treasury Secretary Scott Bessent announced plans to cut Iranian airlines from the global financial system from September 23. UAE officials sought direct talks between Arab nations and Iran to defuse tensions, as President Trump signaled openness to meeting Iranian President Masoud Pezeshkian during his UN visit. Meanwhile, Yemen's ongoing conflict and Houthis' attacks in Saudi Arabia added to regional instability.
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Also reported by 2 other outlets
- Two wounded as ‘projectile’ hits tanker in Hormuz, says maritime agency freemalaysiatoday.com
- Two injured after 'unknown projectile' strikes tanker in Hormuz nst.com.my
