{
  "id": 570685,
  "title": "Strait of Hormuz crisis deepens as oil prices surge, UAE urges calm",
  "url": "https://urgent.news/2026/08/11/strait-of-hormuz-crisis-deepens-as-oil-prices-surge-uae-urges-calm",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-11T02:26:33.000Z",
  "source": {
    "name": "Gulf News",
    "slug": "gulf-news",
    "url": "https://gulfnews.com/world/gulf/strait-of-hormuz-crisis-deepens-as-oil-prices-surge-uae-urges-calm-1.500636861"
  },
  "original_language": "en",
  "account": "The Strait of Hormuz crisis deepens as oil prices surge, with the United Arab Emirates urging for calm. Oman's Sultan Haitham bin Tarik and Bahrain's King Hamad bin Isa Al Khalifa discussed regional security and stability during a telephone call, highlighting their strong historical ties. A recent attack on a cargo vessel in the Red Sea off Yemen's coast resulted in two deaths and four injuries. The Yemeni Navy, which came under fire, subsequently deployed to assist the vessel. The UK Maritime Trade Operations (UKMTO) has advised vessels to navigate with caution and report any suspicious activity. In Lebanon, an Israeli double-tap strike on southern Lebanon wounded two and damaged an ambulance, causing condemnation by the Lebanese health ministry. The UKMTO reported an incident involving a container ship and military forces in the Gulf of Oman, near Gwadar, Pakistan, and has advised vessels to stay updated on maritime security information. Oil prices have risen further, fueled by the fading hopes for a deal to reopen the Strait of Hormuz, and increasing inflation concerns. The US has announced plans to seek conflict compensation from Iran, adding to the uncertainty surrounding the situation. UAE's Diplomatic Adviser, Dr Anwar Mohammed Gargash, called for lasting regional stability based on international law, peaceful coexistence, and respect for sovereignty.",
  "summary": "Oman, Bahrain leaders discuss regional security Oman’s Sultan Haitham bin Tarik received a telephone call from Bahrain’s King Hamad bin Isa Al Khalifa, during which the two leaders discussed recent regional and international developments and issues of mutual concern. They exchanged views on efforts to strengthen security and stability in the region and highlighted the longstanding fraternal ties…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}