Middle East live: Oil prices extend gains as US-Iran tensions flare again
France 24
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France 24
Original Source
Oil prices extended gains on Tuesday as fresh military exchanges between the United States and Iran heightened escalation concerns in the region. A British maritime agency meanwhile reported that a tanker was struck by three unknown projectiles in the Strait of Hormuz.
01/09/2026 - 11:11
Israeli military says it struck several targets in Gaza
The Israeli military said it struck several targets in the Gaza Strip, claiming the strikes were aimed at removing threats to its forces.
01/09/2026 - 09:38
Tanker hit by three 'unknown projectiles' in Hormuz, maritime agency reports
Three "unknown projectiles" struck a tanker in the Strait of Hormuz overnight, a British maritime agency said Tuesday following a fresh flare-up in the US-Iran war.
"A tanker has reported being struck by 3 unknown projectiles whilst completing an outbound transit of the Strait of Hormuz," the United Kingdom Maritime Trade Operations said on X early Tuesday.
The incident occurred 17 nautical miles (31 kilometres) east of the Oman city of Khasab, it added.
No casualties or environmental impact were reported, the agency said.
Maritime security company Vanguard Tech later identified the ship as the Liberia-flagged Senegal Prosperity.
"The rockets impacted the vessel's port side, engine room and ballast tank, resulting in a loss of communications," Vanguard said, adding that the crew were safe.
01/09/2026 - 08:58
Iran says it has enough foreign currency despite US sanctions
Iran has sufficient foreign currency reserves despite US sanctions, Central Bank Governor Abdolnaser Hemmati said, after US Treasury Secretary Scott Bessent accused Tehran of lashing out because it was losing the economic war.
The central bank was ready to inject up to $2 billion into the foreign exchange market to calm recent volatility, Hemmati said, according to the semi-official Tasnim news agency.
“I am telling the President of the United States: Iran has (foreign) currency and it has enough,” he added.
Hemmati said the central bank was continuing to collect foreign currency receivables and had domestic reserves as well as other resources, though he added details of those could not be disclosed.
"I tell the people with complete honesty that economic conditions and livelihood management have become difficult, but collapse has never happened and will never happen. These claims are just psychological warfare and the dust will settle soon," Hemmati said.
Iran’s currency plunged to a record low in August, crossing the threshold of 2 million rials to the US dollar, while annual inflation reached 66 percent in July.
01/09/2026 - 08:01
Iran's President Pezeshkian says Tehran will reciprocate if US honours interim deal commitments
Iran will immediately reciprocate if the US returns to its commitments under an interim deal signed in June, President Masoud Pezeshkian said at the Shanghai Cooperation Organisation Summit in Bishkek, the Iranian Student News Agency reported.
01/09/2026 - 05:45
Strait of Hormuz shipping remains sharply below normal levels
Ship traffic through the Strait of Hormuz remained subdued on Monday, with around five vessels making the passage compared with a 10-day average of about 14, preliminary tracking data showed. No liquid tankers transited the key waterway, although the figures exclude vessels sailing with their transponders switched off.
01/09/2026 - 05:39
Oil prices extend gains as US-Iran tensions flare again
Oil prices extended their gains Tuesday after a fresh exchange of strikes between the United States and Iran raised fears of renewed escalation. Washington struck Iranian rocket launchers on the island of Larak on Sunday, prompting Tehran to target US forces in Jordan and the United Arab Emirates. US President Donald Trump vowed the US would respond and “hit them hard", despite his administration’s recent shift toward an economic pressure campaign.
The renewed tensions come after six months of war, with Iran still blocking the Strait of Hormuz and the US maintaining a blockade of Iranian ports. Higher oil prices are adding to inflation concerns and expectations of higher interest rates, weighing on global stock markets. Trump is due to meet US oil refining executives Tuesday as soaring gasoline prices become a political liability ahead of November’s midterm elections.
Israeli military says it struck several targets in Gaza
The Israeli military said it struck several targets in the Gaza Strip, claiming the strikes were aimed at removing threats to its forces.
01/09/2026 - 09:38
Tanker hit by three 'unknown projectiles' in Hormuz, maritime agency reports
Three "unknown projectiles" struck a tanker in the Strait of Hormuz overnight, a British maritime agency said Tuesday following a fresh flare-up in the US-Iran war.
"A tanker has reported being struck by 3 unknown projectiles whilst completing an outbound transit of the Strait of Hormuz," the United Kingdom Maritime Trade Operations said on X early Tuesday.
The incident occurred 17 nautical miles (31 kilometres) east of the Oman city of Khasab, it added.
No casualties or environmental impact were reported, the agency said.
Maritime security company Vanguard Tech later identified the ship as the Liberia-flagged Senegal Prosperity.
"The rockets impacted the vessel's port side, engine room and ballast tank, resulting in a loss of communications," Vanguard said, adding that the crew were safe.
01/09/2026 - 08:58
Iran says it has enough foreign currency despite US sanctions
Iran has sufficient foreign currency reserves despite US sanctions, Central Bank Governor Abdolnaser Hemmati said, after US Treasury Secretary Scott Bessent accused Tehran of lashing out because it was losing the economic war.
The central bank was ready to inject up to $2 billion into the foreign exchange market to calm recent volatility, Hemmati said, according to the semi-official Tasnim news agency.
“I am telling the President of the United States: Iran has (foreign) currency and it has enough,” he added.
Hemmati said the central bank was continuing to collect foreign currency receivables and had domestic reserves as well as other resources, though he added details of those could not be disclosed.
"I tell the people with complete honesty that economic conditions and livelihood management have become difficult, but collapse has never happened and will never happen. These claims are just psychological warfare and the dust will settle soon," Hemmati said.
Iran’s currency plunged to a record low in August, crossing the threshold of 2 million rials to the US dollar, while annual inflation reached 66 percent in July.
01/09/2026 - 08:01
Iran's President Pezeshkian says Tehran will reciprocate if US honours interim deal commitments
Iran will immediately reciprocate if the US returns to its commitments under an interim deal signed in June, President Masoud Pezeshkian said at the Shanghai Cooperation Organisation Summit in Bishkek, the Iranian Student News Agency reported.
01/09/2026 - 05:45
Strait of Hormuz shipping remains sharply below normal levels
Ship traffic through the Strait of Hormuz remained subdued on Monday, with around five vessels making the passage compared with a 10-day average of about 14, preliminary tracking data showed. No liquid tankers transited the key waterway, although the figures exclude vessels sailing with their transponders switched off.
01/09/2026 - 05:39
Oil prices extend gains as US-Iran tensions flare again
Oil prices extended their gains Tuesday after a fresh exchange of strikes between the United States and Iran raised fears of renewed escalation. Washington struck Iranian rocket launchers on the island of Larak on Sunday, prompting Tehran to target US forces in Jordan and the United Arab Emirates. US President Donald Trump vowed the US would respond and “hit them hard", despite his administration’s recent shift toward an economic pressure campaign.
The renewed tensions come after six months of war, with Iran still blocking the Strait of Hormuz and the US maintaining a blockade of Iranian ports. Higher oil prices are adding to inflation concerns and expectations of higher interest rates, weighing on global stock markets. Trump is due to meet US oil refining executives Tuesday as soaring gasoline prices become a political liability ahead of November’s midterm elections.
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Tags:#الشرق الأوسط#التوترات الأمريكية الإيرانية#أسعار النفط#مضيق هرمز#العقوبات الاقتصادية#الملاحة البحرية
Source: France 24
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