Iraqi police said at least four Iranian drones struck areas northeast of Erbil early Tuesday, hitting Halifan and Soran districts; fires broke out and two drones crashed near targets. U.S. forces flew more than 10 warplanes and drones over Erbil in response. Iranian state media IRIB reported the Khor Mor gas field in Sulaymaniyah province was also attacked at roughly the same time; Khor Mor holds about 8.2 tcf of gas and is Iraq’s largest non-associated gas field. IRIB said the timing was broadl

Satellite imagery shows a storage tank alight at ARAMCO's Jazan refinery after the Houthis said they attacked the site over the weekend. Images show a tank on fire at the 400,000 bpd facility and heavy smoke from an east-side flare tower. Flare towers burn excess gas and act as critical safety relief. It is unclear if operations are affected; visible damage appears limited to the storage tank and smoke obscures assessment of south-side tanks.

US and Iran paused mutual strikes over the weekend, boosting expectations that Strait of Hormuz energy flows could resume. ICE data at 07:35 GMT showed the Netherlands TTF near-month contract fell EUR4.69 to EUR58.89/MWh and the UK near-month contract dropped 11.44 pence to 142.67 p/therm. Prices had spiked last week to the highest intraday levels since March after 13 days of reciprocal attacks but eased to six-day lows following the pause. Oil prices also fell sharply. ING analysts said the move reflects a market eager for positive news, adding this is the first substantive sign of de‑escalation but the reasons remain unclear and vessel traffic through the Strait of Hormuz has not yet shown a meaningful rebound.