The volume of Iranian oil adrift at sea is growing as Tehran boosts exports, but Chinese buyers are reducing their purchases.

The U.S. military announced strikes on approximately 90 targets during an intensified operation on 8/7, with the scope of attacks expanding.

On 8/7, Reuters cited close sources saying China has temporarily lifted fuel export restrictions for July.

Israel's prime minister believes that if the US sells F-35 fighter jets to Turkey, the balance of power in the Middle East will be harmed.

Each barrel of oil rose nearly 3%, while global gold prices at one point fell below 4,100 USD this morning, due to renewed Middle East tensions.

The US has revoked a temporary waiver on sanctions against Iranian oil, criticizing Tehran's attack on cargo ships in Hormuz as "unacceptable".

An oil tanker caught fire today off the coast of Oman, near the critical Strait of Hormuz, after being struck by an object believed to be an Iranian missile.

Iran's ambassador stated that vessels would be charged fees for passage through the Strait of Hormuz, but Tehran would consider "special treatment" for friendly nations.

Israel is working to counter suicide drones after over 10 soldiers died and equipment was destroyed by the weapons.

The IRGC commander visited Tehran to mourn the late supreme leader Ali Khamenei, marking his first public appearance since the conflict began.

An MH-60S helicopter made an emergency landing in the Arabian Sea, leaving one service member missing, though U.S. officials confirmed the incident was not due to hostile action.

The lifting of a US port blockade in mid-June has led to an increase in both Iran's crude oil exports and prices.

Gold dropped over 11% per ounce in the second quarter, nearing 4,000 USD per ounce – its worst performance since 2013.

The price of gold per ounce reversed its trend, falling to 3,992 USD, as US-Iran tensions reignited over the weekend.