Crude markets roiled by regional conflict as oil touches $100

Iran's floating crude reserves nearing zero as US-led Hormuz blockade holds

Iran's ability to choke oil through strait fades as US Navy and Gulf producers adapt, fueling fears Tehran could escalate militarily to compensate. "Probably within the next two weeks…they are going to make their final deliveries of oil to China, and then they will have nothing," Treasury Secretary Scott Bessent said Sunday on Fox News.

Tehran boasts of underwater drone seizure at Hormuz chokepoint

Tehran boasts of underwater drone seizure at Hormuz chokepoint

Washington has not immediately confirmed the claim that a Dive-LD drone was in Iranian hands. The operation, according to a Tuesday statement from the Revolutionary Guards' Navy, took place in the early hours of the day and was described as a "complex intelligence and operational action."

Yair Netanyahu assassination plot revealed: Iran targeted PM's son in Miami

Yair Netanyahu assassination plot revealed: Iran targeted PM's son in Miami

While living in Hallandale Beach, a plan was set in motion from Tehran to target him on US soil, with a source confirming Iranian agents were already "on the ground" in his vicinity. US and Israeli authorities foiled the operatives before they could strike and Netanyahu fled home. The assassination attempt on Netanyahu's son fits a wider Iranian pattern targeting high-profile US and Israeli figures and their families.

US threatens to sever Iran's trade partners from dollar

US threatens to sever Iran's trade partners from dollar

Treasury Secretary Scott Bessent has announced plans for extensive new secondary sanctions aimed at completely isolating Iran's economy and penalizing its trade partners. Washington aims to expel any entities laundering Iranian funds from its currency system entirely.