Explosions heard again in Chabahar, Mizan reports
CRUDE WRAP: WTI (V6) SETTLES USD 4.46 HIGHER AT USD 90.22/BBL; BRENT (X6) SETTLES USD 4.16 HIGHER AT USD 94.65/BBL
Venezuela's assembly backs oil deal announced with the US
Explosions heard again in Chabahar, Mizan reports
US official says USD 40-64bln worth of Venezuelan oil was given to Cuba for free
IAEA sends reports on Iran and Syria to member states
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Chabahar sits on the Gulf of Oman outside the Strait of Hormuz, so strikes there carry a different read-through than attacks inside the Gulf proper: the immediate question is whether the activity touches the port itself, which handles a meaningful share of Iran's trade and has historically been partly exempted from sanctions pressure given its role in regional transit, or military and IRGC-linked assets nearby. The word "again" matters, since repeated strikes on the same location in short succession have in past episodes of this kind signalled an ongoing campaign rather than a one-off, and the pattern in such campaigns has been escalation of target sets before any diplomatic pause. Mizan is the Iranian judiciary's outlet, which is worth noting on sourcing: official or semi-official confirmation tends to arrive before independent verification in these situations, and the identity of the attacker often goes formally unattributed initially even where attribution is widely assumed. The channels that have historically repriced on Iranian coastal escalation are crude prompt spreads, tanker freight and war-risk insurance premia for Gulf of Oman loadings, and only secondarily flat price if Hormuz transit itself is drawn in. The follow-ons worth watching are any damage assessment at the port, retaliation rhetoric from Tehran, and whether shipping advisories or insurance market notices follow.
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