Iran Conflict & Energy Pulse

Oil climbed for a fifth day above $92 on US sanctions pressure against Iran, even as US crude stocks hit their highest since May.

• Iran granted...

Iran's mixed signals raise questions about the war's next phase.

• President Pezeshkian calls for ending the conflict from a "position of power and...

• External analysis concludes neither side has won the US-Iran war so far.
• Iran suffered heavier losses yet preserved its regime and borders.
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The Houthis have become Iran's most effective ally by seizing state power in Yemen, controlling 80 percent of the population and the Bab al-Mandab...

• Iran finalizes preferential trade deal with Oman and urges Iraq to bypass the dollar with national currencies to counter U.S. sanctions
• Trump...

The redeployment of the USS George Washington from Japan to relieve forces in the Iran conflict has dented US power projection in Asia and raised...

Iran's crude loadings have plunged to 287,000 bpd—one-seventh of pre-war levels—under US blockade, trapping over 40 million barrels.

• More than 80%...

Yemen’s Houthis announced two drone operations targeting a sensitive site at Najran airport and an Aramco facility in Najran.

• Spokesman Yahya Saree...

The Pentagon updated its casualty database this week, confirming 756 U.S. service members wounded in action since the Iran war began in late February,...

Hezbollah declares new US sanctions will not deter its fight, signaling unbroken commitment to Iran's axis. The group drew Lebanon into the broader Middle East conflict by launching rockets at Israel in support of Iran.

The US delivered a rare public rebuke of Israel, calling airstrikes on Abu Duhur airbase an "unnecessary escalation" that fails to advance stability,...

• Pacific shift: US reassigned forces from Indo-Pacific to Middle East, raising doubts over China deterrence.
• Gulf posture debate: Pentagon...

Iran's regional influence shows cracks in Hezbollah, Iraq militias, and covert tactics.

• Hezbollah dissent: A leading Shiite critic says Iran...

• Iran asserts dominance: Strait remains closed until sanctions lift and assets released, with navy claiming adversaries fear approaching.
• US runs...

WTI crude surged to $86.31, gaining 5.91% for the week, as the expected Iran agreement failed to materialize.

• Hormuz traffic stayed in single digits...

Three years into the conflict, exhaustion defines the Middle East with a structural stalemate that no side can break without intolerable costs.

• US...

Gulf markets mostly advanced on firmer oil prices, with Brent crude at $92.90 up 1.5% and benchmarks hitting highs since July 24. This occurred as Trump threatened economic action against any country aiding Iran in its six-month war with Israel.

Oil prices climbed for a fourth straight day as US-Iran tensions persist without resolution.

• Brent crude hit $91.14 per barrel and WTI reached...

• Government forces ran 81 operations against Houthis in 24 hours, vowing a decisive push to retake Sanaa and Hodeidah
• Houthis hit a Saudi landing...

Oil rose for a fourth day with Brent nearing $92 as the US-Iran conflict drags on without progress.

• Hormuz tensions persist with low traffic, a...