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Brent rose about 2% to $99.05 a barrel in early Tuesday trading after closing Monday at $97.92, and WTI rose 2.8% to $94.04, after US officials told The Wall Street Journal Iran had tried to attack Navy ships on Monday following a weekend missile attack on a carrier. No US ships were hit.
Qatari Foreign Ministry spokesman Majed al-Ansari told CNN that reopening the Strait of Hormuz is Doha's top priority, warning the world faces 'an industrial catastrophe if this continues' and that closing waterways must not become 'the new normal in war.'
Aramco oil facilities in Jizan were struck on Monday, a month after an earlier attack disrupted production at the refinery there, the Financial Times reported, citing two people familiar with the matter; damage was being assessed. Saudi Arabia did not acknowledge the attack and no group claimed it, though ISW assessed a Houthi missile strike was likely.
Iranian crude held on tankers outside the US blockade fell from roughly 90 million barrels in mid-July to about 29 million barrels, according to Kpler data cited in the ISW-Critical Threats Iran Update for Sep 7.
Brent crude rose 79 cents to $97.07 a barrel by 05:12 GMT on Monday and WTI gained 80 cents to $92.28, Reuters reported, after weekend US strikes on three Iranian tankers and Iranian attacks on ships in Hormuz. Brent was up about 9% over five days, close to its July 24 peak of $97.93.
More than 300 fighters and civilians have been killed since the Houthis launched an offensive on Sep 3 toward government-held areas near the Red Sea coast, AFP reported, citing military and medical sources on both sides. The WHO counted 676 casualties in three days and about 21,000 people displaced.
An overnight strike destroyed a residential building in Kfar Rumman, near Nabatieh, and a separate drone strike hit a vehicle in the town, killing a medic; Lebanon's health ministry put the toll at 13, including six children. Israel's military said it targeted people seen moving weapons after Hezbollah launched drones at its troops near the Ali al-Taher ridge, and said it was reviewing reports that uninvolved people were harmed.
Kpler data cited by Reuters showed the 10-day average of commodity vessels crossing the Strait of Hormuz fell to 10 a day on Sunday, from more than 15 on Friday; only two ships crossed on Saturday and six on Sunday, mostly using Iran's route.
The aircraft carrier USS Abraham Lincoln left Thailand on Sunday after a five-day port visit that gave its crew a break from an extended deployment, Reuters reported. The Lincoln took part in the U.S. naval blockade and combat operations in the war with Iran.
Fighting between Yemen's Saudi-backed government forces and the Houthis killed more than 60 people on Sept. 5, including 26 government troops and 31 Houthi fighters, AFP reported citing military and medical sources. A missile strike on a bus travelling from Taiz to Aden killed six civilians; a government official blamed the Houthis.
Investigators gave polygraph tests in August to roughly 50 officers and civilian employees of the Joint Staff over leaks to journalists, including reports on depleted stocks of long-range missiles and Patriot interceptors used in the Iran war, The New York Times reported. A Pentagon spokesman said the department does not comment on investigations but takes leaks of classified information extremely seriously.
The United States, Britain, France and Germany are lobbying members of the IAEA's 35-nation board to pass a resolution next week reporting Iran to the UN Security Council for the first time in 20 years, diplomats told Reuters on Sept. 4. Iran's mission in Vienna called the move 'desperate' and said it would bring its authors no benefit.
Fighting that began Sept. 3, when Houthi forces launched a ground assault with rocket and drone attacks near Red Sea coastal areas and around Taiz, killed at least 81 fighters, including 24 government troops on the coast, 15 in the Taiz area and 42 Houthis, AFP reported citing military and medical sources. The Houthis sought to cut the road linking Taiz to the port of Mokha.
Four weapons experts who reviewed images and video verified by Reuters said the Sept. 1 explosion at a wedding in Kuhestak, which killed four people and injured at least 68, was consistent with a direct hit rather than a ricochet; three said the munition was likely American rather than an errant Iranian air-defense missile.
Israeli officials believe Iran's Quds Force and Hamas have intensified efforts to attack Israelis abroad and may try to exploit the upcoming Jewish holidays and the third anniversary of the October 7 attack, Channel 12 reported. Israel's leadership believes Tehran may seek a high-profile attack overseas.
Iran warned the United States through Oman in mid-August that a full Israeli offensive on Hezbollah's Ali al-Taher ridge in south Lebanon would breach the June U.S.-Iran ceasefire and trigger a 'large-scale Iranian attack,' three regional officials and a foreign official told Reuters. Two officials said more than a dozen IRGC members, including at least two senior officers, were with Hezbollah fighters at the site.
Brent crude futures rose $1.66, or 1.7%, to $97.29 a barrel by 12:00 GMT on Sept. 3, touching six-week highs, while U.S. WTI rose 2.2% to $93.04, Reuters reported. Reuters tied the rise to new U.S. strikes on Iran and renewed Israeli threats against Tehran.
Only six commodity vessels, two very large gas carriers and four tankers, transited the Strait of Hormuz on Wednesday, Sept. 2, down from 11 the day before and below a 10-day average of about 13, according to Kpler data cited by Reuters. Counts can rise later because some ships switch off their transponders.
Israeli forces carried out detonations early on Sept. 3 in Haddatha and Baraachit, Lebanon's National News Agency reported. Through the day NNA also reported shelling and home demolitions in al-Mansouri, an incursion into Halta in which three men were detained, and drone strikes on the Ali al-Taher heights.
Iran's Persian Gulf Strait Authority added 11 vessels to its list of ships it deems non-compliant and subject to fines, confiscation or detention in the Strait of Hormuz, bringing the total to 56, Reuters reported. The list includes crude, LNG and LPG tankers, and the authority said any vessel cooperating with listed ships would be added.
Brent was up 0.87% at $95.47 a barrel and WTI up 0.55% at $90.72 early on Sept. 2, extending a 4.6% surge the previous day after the US strikes on Iran and Iran's retaliation. Kpler data showed about five vessels, excluding container ships, crossed Hormuz on Sept. 1, against 23 a week earlier.
In a quarterly report seen by news agencies on Sept. 1, the IAEA said its 'lack of information about this nuclear material and access to facilities to verify it is a matter of proliferation concern' and called for 'utmost urgency' in resolving it, singling out the bombed Isfahan site.
Iranian state media said a US missile hit a home hosting a wedding in Kuhestak, Sirik county, on the night of Sept. 1, killing two women and two children aged 4 and 16 and wounding at least 68; early official counts ranged from two to five dead. CENTCOM said it was looking into the reports and that the US military 'never targets civilians.'
Meeting on the sidelines of the SCO summit in Bishkek, Russian President Vladimir Putin told Iranian President Masoud Pezeshkian that Russia admired Iran's 'courage and resilience' and was 'trying to provide you with the assistance you need.' Pezeshkian thanked Moscow for its stance 'at every stage' of the war.
A senior Iranian source told Reuters that Iran would answer every US attack with force "dozens of times greater" and that the retaliation for the Larak strike showed "no target in the region is beyond Tehran's reach". The source said conditions in the Strait of Hormuz would worsen for ships that violate Iran's transit rules.
Treasury Secretary Scott Bessent told Reuters the US would issue new secondary sanctions on Iran every week, "starting with the banks", and told AP he planned to sanction another bank this week, warning of "financial violence if we have to". Treasury's first formal step, a proposed rule on Aug 28, would cut the UAE branches of Egypt's Banque Misr off from the US financial system.
Israeli drones struck Nabatieh al-Fawqa at about 8:55 and 9:40 a.m., warplanes hit the area between the town and the Ali al-Taher hills, near Zawtar al-Gharbiyah and in Mansouri, artillery shelled Haris, and troops set off two explosions outside Aita al-Jabal and burned homes in Beit Yahoun, Lebanon's National News Agency reported. No casualties were immediately reported.
Six months into the war, the U.S. embassies in Qatar, Kuwait and Bahrain said diplomats' family members may return, in Kuwait and Bahrain only those over 18, after similar steps earlier in the week for Israel and for family members over 21 in Lebanon, AP reported.
Security Council members were scheduled to hold closed consultations on Friday morning, requested by France as penholder, on the deteriorating situation in southern Lebanon and on arrangements after UNIFIL's mandate ends on Dec. 31, 2026, with briefings from peacekeeping chief Jean-Pierre Lacroix and UN Special Coordinator's office head Jean Arnault.
A U.S. official denied an MTV report aired overnight that Ambassador Michel Issa had received a green light from Washington to meet a Hezbollah figure, and diplomatic sources told Al-Hadath the reports were baseless. Issa had said on Wednesday that he was holding no talks with Hezbollah but would engage if it had 'something to offer'.