Oil-market balances are now more fragile than at the start of the Middle East conflict, and any flareup after the US midterm elections will push prices higher, according to ANZ Group Holdings Ltd.

Renewed US military strikes against Iran remain possible despite a flurry of diplomatic activity in recent days ahead of the midterm elections, according to RBC Capital Markets LLC.

Renewed US military strikes against Iran remain possible despite a flurry of diplomatic activity in recent days ahead of the midterm elections, according to RBC Capital Markets LLC.

The US military said vessels that have no need to move between ports in the Gulf of Oman and the Strait of Hormuz should stay away, as tensions ratchet up in the region.

Iran’s Persian Gulf Strait Authority said it would take “legal action” against tankers belonging to Sinokor, the world’s biggest oil tanker owner that has carried millions of barrels out of the Strait of Hormuz in recent weeks.

Iranian attacks in the Persian Gulf are striking more ships and causing more severe damage than earlier in the conflict, bringing fresh risks to energy flows from the region.

Iran’s main oil-loading terminals have remained empty for weeks, adding to signs that a US naval blockade of the country is throttling Tehran’s exports.

Shipowners are facing an increasingly fragmented fuel market as disruptions triggered by the Middle East conflict raise concerns about the availability and quality of supply.

Iranian attacks on ships crossing the Strait of Hormuz have surged, potentially threatening the recent recovery in Persian Gulf oil exports.

Singapore’s Formula 1 Grand Prix race saw a near-record turnout, bucking concerns that one of the worst regional haze in recent years would threaten the event.

A supercharged rally in tanker earnings is attracting new investors to the global shipping industry, as the war in Iran points to how geopolitical crises can drastically curtail the supply of vessels.

A liquefied natural gas tanker bringing fuel from the US to Europe suffered a systems failure that the crew reported as a suspected cyber attack, according to people familiar with the matter.

The US’s busiest container port for global trade foiled more than 120 million cyberattack attempts in August, posing a persistent threat to its operations as it grapples with shifting tariff policies.

The US is investigating potential cyberattacks on oil and gas tankers, as concerns grow around the threat to maritime safety posed by hackers interfering with vessels’ electronic systems.

Asian oil refiners are waiting for clarity on cargoes due to be picked up at Saudi Arabia’s Red Sea port of Yanbu, after the kingdom was forced to close a vital pipeline that serves the terminal following drone attacks.

An unusually active typhoon season is disrupting shipping operations across Asia, with Shanghai particularly hard hit by snarled traffic and vessel delays.

Iran and the US carried out what appeared to be their largest tit-for-tat tanker strikes yet over the weekend, pushing oil prices higher as both nations continue to escalate a six-month war that has disrupted shipping and stoked global inflation.

The US military said it launched strikes against three Iranian crude oil tankers, destroying one, in retaliation for the Islamic Revolutionary Guard Corps targeting two US Navy warships with ballistic missiles.

A key measure of bulk-shipping rates has touched a two-year high and risks climbing further, according to analysts, as bad weather crimps the availability of Capesize vessels just as exporters ramp up delivery.

US-Iran tensions over the Strait of Hormuz heightened after a flurry of military strikes at the start of the week, with neither side prepared to cede ground over the crucial waterway.