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/EVENT

Events

Live coverage of the big market-moving stories that run for weeks, such as the third Gulf war, the Strait of Hormuz crisis and the Red Sea. Each event has one page where every related story gathers within minutes of publication, with a "what changed" line for each update, a situation summary refreshed as things develop, the key facts, and how oil, gold and the related stocks have moved since the event began and today. Big events contain smaller ones, each with its own page, so you can follow the whole picture or go into the detail. Below the live coverage are the events that have gathered three or more updates, ordered by their latest development.

AllBreakingDevelopingOngoingFadingResolved
AllCentral BanksForexCommoditiesStocksCryptoMacroGeopolitics
Geopolitics
CLUSDBZUSD
Breaking
Geopolitics

US Orders Personnel Evacuation from Saudi Arabia After Shaybah Oilfield Attack

The United States ordered non-emergency personnel to evacuate Saudi Arabia following Houthi drone attacks on Saudi Aramco’s Shaybah oilfield, which resulted in two fatalities. These security threats drove Brent crude prices to surge, reaching $114.14 per barrel by October 23. In response to the attacks on energy infrastructure, President Donald Trump classified petroleum production as vital to national defense. Additionally, the Defense Production Act was invoked to provide financial incentives for the U.S. oil and gas industry.

3 updates·Last update about 9 hours ago
CLUSDBZUSD
Page 1Next
Developing
Geopolitics

US and Israel Finalize Plans for Renewed Military Strikes on Iran After Midterms

The U.S. and Israeli militaries have finalized plans for potential strikes against Iranian energy, nuclear, and missile infrastructure following the U.S. midterm elections. Following reports of these plans and a meeting between Defense Secretary Pete Hegseth and Prime Minister Benjamin Netanyahu, global markets declined while Brent crude prices surged above $110 per barrel. In response to rising security risks, the U.S. is reducing its regional presence, while ongoing regional conflicts continue to support elevated oil prices.

8 updates·Last update about 15 hours ago
CLUSDBZUSD+2
Geopolitics
CLUSDBZUSD^IBEX
Developing
Geopolitics

Attack on Dammam's King Fahd International Airport Kills Two, Injures Eight

On October 21, the Saudi General Authority of Civil Aviation reported an attack on King Fahd International Airport in Dammam, resulting in two fatalities and eight injuries. The incident intensified concerns over supply disruptions, driving Brent and WTI prices higher on October 22. Technical forecasts suggest that breaking above key resistance levels could push oil prices toward $120 per barrel.

4 updates·Last update 1 day ago
CLUSDBZUSD+1
Geopolitics
CLUSDBZUSD
Developing
Geopolitics

Reports Refute Imminent US-Iran Deal as Negotiations Continue

Recent reports have refuted claims of an imminent deal between the U.S. and Iran, stating that while negotiations continue, no breakthrough is close. This reassessment of geopolitical risk caused crude oil prices to rebound above $97 per barrel and triggered volatility across global equity and bond markets. Iranian President Masoud Pezeshkian emphasized that sanctions and threats must be practically removed to pave the way for dialogue, noting that intensified sanctions are closing diplomatic avenues.

3 updates·Last update 1 day ago
CLUSDBZUSD
Geopolitics
Developing
Geopolitics

US Envoy Witkoff Heads to Oslo for Ukraine Peace Proposal Talks

US envoy Steve Witkoff visited Oslo to discuss a peace proposal with President Zelensky and European leaders, while Jared Kushner joined the meetings virtually. Following the talks, the Kremlin agreed to resume technical-level discussions in Abu Dhabi on November 10, even as Russian missiles struck Kyiv shortly after. In financial markets, European indices closed higher led by the DAX, though French bond yields climbed to their highest levels since 2002.

3 updates·Last update 1 day ago
Resolved
Geopolitics

Two Saudi Pilots Killed in Helicopter Crash Near Yemen Border Amid Conflicting Claims

Saudi Arabia confirmed the deaths of two pilots following an AH-6i helicopter crash near the Yemen border, which the coalition attributed to a technical fault while Houthi forces claimed a shoot-down. These fatalities mark the first reported Saudi military losses since the conflict's resumption and coincided with Houthi attacks on Saudi energy sites and airports. Consequently, most Gulf stock markets declined, and WTI crude prices sustained a risk premium, eyeing a breakout level at $99.72 per barrel.

3 updates·Last update 3 days ago
CLUSDBZUSD
Resolved
Geopolitics

US Navy Strikes Commercial Tanker in Gulf of Oman Over Blockade Breach

US Central Command struck a commercial tanker in the Gulf of Oman for breaching a naval blockade of Iranian ports, marking the first such kinetic action in a month. This move follows a recent attack on Riyadh airport, with President Trump considering further military strikes against Iranian targets. Subsequently, two additional oil tankers were attacked near the Strait of Hormuz as regional tensions escalated. Analysts warn that these expanding strikes on vessels pose a significant threat to global oil flows.

8 updates·Last update 7 days ago
NMAX
Resolved
Geopolitics

Houthi Strike on Riyadh Airport Threatens Global Aviation Profits

A Houthi attack on Riyadh airport has intensified struggles for the global airline industry amid soaring jet fuel costs. Airfares jumped 23.4% as IATA forecasted that industry profits would be halved. Furthermore, WTI and Brent oil prices rallied following the drone and missile strikes targeting Saudi Arabian airports.

6 updates·Last update 8 days ago
Resolved
Geopolitics

US Congress Opposes Trump-Putin Diesel Import Agreement

President Trump is facing strong bipartisan opposition from U.S. lawmakers regarding an agreement to import millions of tons of Russian diesel, with critics claiming it funds Russia's war efforts and violates U.S. law. Lawmakers are questioning the legality of the deal, while energy analysts doubt it will significantly lower fuel prices driven up by the Iran war. Despite Republican senators labeling the agreement a 'gift' to an adversary, President Trump has defended the move as part of a declared energy ceasefire.

3 updates·Last update 9 days ago
Resolved
Geopolitics

Trump Evaluates US Military Involvement Against Houthi Rebels in Yemen

President Donald Trump is evaluating potential U.S. military involvement alongside Saudi Arabia against Houthi rebels in Yemen following missile attacks on Riyadh. The administration's review follows a strike on Riyadh airport that resulted in 12 deaths, including one American, and over 300 injuries. In response, the FAA issued warnings to U.S. airlines regarding navigation risks over Saudi airspace. These developments have specifically cast doubt on Delta Air Lines' scheduled launch of flights on October 23.

3 updates·Last update 11 days ago
Resolved
Geopolitics

Three Killed in Attacks Targeting Saudi Arabian Airports

Attacks targeting Saudi Arabian airports between October 8 and 10 resulted in the deaths of three Saudi nationals at Riyadh airport. The aviation authority confirmed the fatalities following a missile strike on the facility. Consequently, flight disruptions have escalated significantly across the region as a direct result of these attacks.

3 updates·Last update 13 days ago
Resolved
Geopolitics

Oil Prices Surge 4.4% as US Deploys Third Aircraft Carrier to Middle East

On October 1, oil prices surged by 4.4% following the United States' deployment of a third aircraft carrier to the Middle East. This military move serves as additional reinforcement amid escalating regional tensions. The price increase directly reflects the market's reaction to the new U.S. military movements in the area.

11 updates·Last update 14 days ago
STZNEOG+5
Resolved
Geopolitics

Iran President Urges Energy Rationing as US Mediation Hits Stalemate

President Masoud Pezeshkian urged Iranians to ration energy resources due to the impact of U.S. sanctions and a stalemate in mediation efforts regarding the nuclear file. Conversely, President Donald Trump described ongoing discussions as productive and stated that the U.S. would not attack Iran prior to the November 3 midterm elections. Although the U.S. blockade remains in full force, oil flows through the Strait of Hormuz have continued at record levels. These developments led to an immediate drop in oil prices as geopolitical risk premiums eased in the markets.

4 updates·Last update 15 days ago
BTC
Resolved
Geopolitics

Saudi Arabia Plans Military Operation to Break Houthi Red Sea Blockade

Saudi Arabia is planning a military operation against Houthi forces to break the maritime blockade in the Red Sea. On October 4, the Houthi group targeted Saudi Aramco facilities, causing Brent crude futures to climb to $103.06 per barrel. Although prices peaked at $107.45, they remained elevated following the confirmation of the attacks. These developments highlight increasing geopolitical tensions and their direct impact on global oil markets.

7 updates·Last update 15 days ago
2222.SR
Resolved
Geopolitics

Iran Sets Peace Talk Conditions as Trump Weighs Options for Energy Markets

Iran outlined seven conditions for peace talks with the U.S. as President Trump evaluated diplomatic and military options. Following reports of progress in these negotiations, oil prices extended their decline while major cryptocurrencies like Bitcoin and Ethereum saw gains. Markets also monitored global refining capacity bottlenecks and their impact on energy stocks and gas prices. Technical analysts noted that Bitcoin remains positioned above strong support levels during this period of geopolitical shifts.

14 updates·Last update 24 days ago
BTCETH+3
Resolved
Geopolitics

US and China Discuss LNG Tariff Cuts Ahead of Xi Jinping Visit

The US and China are discussing potential reductions in tariffs on American liquefied natural gas ahead of President Xi Jinping's upcoming visit. US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng are set to launch bilateral talks focusing on strategic issues including AI, trade, and critical minerals. President Xi enters the summit with President Donald Trump backed by a robust Chinese trade performance.

11 updates·Last update 25 days ago
BCS
Geopolitics
Resolved
Geopolitics

US-Iran Conflict Costs Surge as Human and Financial Toll Mounts

The conflict between the US and Iran has resulted in 22 US service member fatalities and a total financial cost of $43.6 billion. Global supply chains are facing severe disruptions, leading to a quadruple increase in motor oil prices and rationing by US retailers. Additionally, oil prices rose following Houthi missile and drone strikes on Riyadh amid an ongoing diplomatic stalemate between the two nations.

6 updates·Last update about 1 month ago
Geopolitics
Resolved
Geopolitics

Saudi Geopolitical Escalation: Air-Raid Sirens Sound in Riyadh Amid Attacks

On September 19, air-raid sirens sounded in Riyadh for the first time since the conflict reignited, following a drone and missile attack by Houthi rebels targeting Riyadh Airport. This escalation, marking a significant expansion in the geographical scope of attacks, led to a rise in crude oil prices on the Hyperliquid platform. By September 20, Saudi and Gulf stock markets declined collectively in response to the reports. These events highlight the immediate impact of geopolitical tensions on regional financial assets.

3 updates·Last update about 1 month ago
Resolved
Geopolitics

Pentagon Admits Extensive Base Damage and Munition Shortfalls After Iranian Strikes

The Pentagon has acknowledged extensive damage to hundreds of buildings across U.S. bases in the Middle East following Iranian strikes, revealing strategic inventory shortfalls and industrial bottlenecks in munitions resupply. Economists estimate that rising oil prices and Treasury yields have added approximately $1,700 in costs per household. These increased energy expenses have effectively offset the financial gains from this year's larger tax refunds.

4 updates·Last update about 1 month ago
Resolved
Geopolitics

U.S. Strikes Iranian Launchers Near Strait of Hormuz Amid Rising Maritime Risks

On August 30, the United States conducted military strikes against Iranian launchers near the Strait of Hormuz, ending a month-long lull in hostilities. This sudden escalation triggered a downturn in the cryptocurrency market, with Bitcoin, Ethereum, and other major assets experiencing price declines. Analysts suggest that these renewed geopolitical tensions now serve as a significant hurdle for market momentum and potential price recoveries.

31 updates·Last update about 1 month ago
BTCETH+16
Resolved
Geopolitics

New Strikes Target Saudi Aramco Facilities in Jizan Amid Regional Tensions

On September 7, Houthi rebels targeted Saudi Aramco facilities in the Jizan region, causing Brent and WTI crude prices to test new highs. By September 8, U.S. oil prices reached their highest level in over three months following reports of strikes on energy and civilian sites. The Saudi-led coalition confirmed that 73 people were injured in the attacks. These developments reflect market concerns regarding regional escalation risks and their impact on energy supplies.

5 updates·Last update about 1 month ago
Resolved
Geopolitics

US Defense Dept Negotiates for Venezuelan Oil Fields via Intermediary

The US Department of Defense initiated negotiations for Venezuelan oil fields through an intermediary on August 28. On August 29, President Donald Trump announced a deal securing US control over 65 billion barrels of Venezuela's oil reserves. Venezuela's interim president stated that the agreement will assist in reviving the country's struggling economy.

4 updates·Last update about 2 months ago
Resolved
Geopolitics

US and Canada Engage in Urgent Trade Talks to Avert New Tariffs

U.S. and Canadian officials engaged in urgent discussions on August 21 to secure a trade deal and avert new tariffs. By August 22, Canadian PM Mark Carney suspended the talks, characterizing the proposed U.S. terms as unfair. Canada subsequently vowed to implement dollar-for-dollar retaliatory tariffs in response to President Trump's proposed 50% hike. These events signal a breakdown in negotiations and a move toward reciprocal trade barriers.

3 updates·Last update 2 months ago
Geopolitics
Resolved
Geopolitics

Trump Announces Escalated Economic Sanctions Against Iran

On August 19, President Trump announced the commencement of a major economic operation against Iran, describing it as the most crushing to date. Following this announcement, oil prices extended their rally on August 20 amid growing concerns over tighter U.S. sanctions. These events highlight the immediate impact of geopolitical tensions on global energy markets.

3 updates·Last update 2 months ago