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Iranian deputy navy commander Mokaddam said personnel morale is high and forces are prepared to defend the country's borders.

2026-09-25

Iranian deputy navy commander Mokaddam said personnel morale is high and forces are prepared to defend the country's borders.

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2026-09-25

A European diplomat said the Red Sea situation has become more complex, posing risks to the global economy and to our operations.

A European diplomat said the Red Sea situation has become more complex, posing risks to the global economy and to our operations.
2026-09-25

Oil fell on Friday as markets weighed US-Iran ceasefire talks against continuing risks from escalating Houthi attacks on Saudi Arabia that could disrupt supplies. Sources said negotiators met in New York this week and discussed a phased end to the co

Oil fell on Friday as markets weighed US-Iran ceasefire talks against continuing risks from escalating Houthi attacks on Saudi Arabia that could disrupt supplies. Sources said negotiators met in New York this week and discussed a phased end to the conflict, including Tehran reopening the Strait of Hormuz and Washington lifting US economic sanctions on Iran. Iranian president PEZESHKIAN said Thursday the war’s end depends on US decisions. Refinitiv ship-tracking data show physical supply remains fragile: 10 bulk carriers transited the Strait of Hormuz on Wednesday, up from seven the day before but well below a ten-day average of about 17. Diplomatic progress could trim some geopolitical premium, but shipping flows indicate normalization remains some way off.
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