US destroys five Iranian tankers, Tehran strikes Jordan's Al-Azraq base, and Brent crude climbs back above $100

South Africa

3 SOURCES

Oil Market Perspective · 9 of 29 countries

South Africa is first feeling the impact of the oil shock rather than the military machinery, with Brent crude exceeding $100 and Chinese purchases also driving up African crude prices.

Germany

incl. 1 state outlet

4 SOURCES

Detailed and Symmetrical Factual Account · 6 of 29 countries

Berlin is examining the escalation of September 8 and 9 through the lens of maritime law: Washington is ordering crews to abandon their tankers before destroying them, Tehran is citing a "forbidden zone" in the Gulf of Oman to justify its own strikes.

Saudi Arabia

STATE MEDIA

2 SOURCES

Stakeholders and Direct Allies of the Conflict · 4 of 29 countries

Riyadhh is gauging the surge in oil prices and the risk that Iranian threats against Kuwait and Bahrain could further close off the Strait of Hormuz, a vital artery for its own oil exports.

Australia

3 SOURCES

Oil Market Perspective · 9 of 29 countries

Canberra is gauging the Gulf crisis in terms of its own stock market, between the expected downturn of the ASX and the barrel passing back above $100.

Bangladesh

2 SOURCES

Importers Under Budget and Human Pressure · 5 of 29 countries

Dhaka is putting a price on the escalation in dollars per barrel, fearing the consequences for its energy bill and its expatriate workers in the Gulf of a Brent that has exceeded $100.

Belgium

2 SOURCES

Economies and Alliances Directly Affected · 4 of 29 countries

Brussels is mainly measuring what it costs today to be an ally of Washington, through the South Korean dilemma surrounding the Strait of Ormuz

Brazil

3 SOURCES

Detailed and Symmetrical Factual Account · 6 of 29 countries

Brasília is detailing the technical mechanics of the naval showdown between Washington and Tehran, highlighting the capture of a US underwater drone rather than the tally of destroyed tankers.

Canada

incl. 1 state outlet

2 SOURCES

Oil Market Perspective · 9 of 29 countries

Ottawa is calculating the cost of an oil price escalation that exceeds $100 per barrel, amid destroyed oil tankers, missiles on an allied base in Jordan, and pressure on the US midterm elections.

China

incl. 1 state outlet

2 SOURCES

Oil Market Perspective · 9 of 29 countries

Beijing first gauges the price of a barrel in this direct exchange between Washington and Tehran, as China remains the top buyer of Iranian crude that American strikes aim to deplete.

South Korea

4 SOURCES

Economies and Alliances Directly Affected · 4 of 29 countries

Seoul is facing a dilemma that neither Washington nor Tehran is allowing it to defer: joining operations in the Strait of Hormuz risks exposing South Korea to "serious" Iranian consequences, refusing to do so risks weakening the alliance with the United States.

Spain

2 SOURCES

Importers Under Budget and Human Pressure · 5 of 29 countries

Madrid is measuring the impact on its energy bill as the barrel approaches $100 and the Iranian threat extends to Gulf ports.

United States

6 SOURCES

Stakeholders and Direct Allies of the Conflict · 4 of 29 countries

The United States is framing this surge as a two-pronged campaign, both economic and military, where each tanker destroyed serves to financially isolate Iran as much as it does to respond to the attacks on its ships.

France

4 SOURCES

Detailed and Symmetrical Factual Account · 6 of 29 countries

Paris is deciphering a calibrated escalation, where Washington is targeting tankers and Tehran a Jordanian base, without either side crossing the threshold of a direct strike against each other.

Hungary

2 SOURCES

Oil Market Perspective · 9 of 29 countries

Budapest measures the crisis in dollars per barrel, not in kilometres from the Strait of Hormuz: for a landlocked country, the key issue is the price of Brent.

India

4 SOURCES

Importers Under Budget and Human Pressure · 5 of 29 countries

New Delhi is gauging the escalation in terms of the barrel and traffic in the Strait of Hormuz, two indicators that directly impact the country's energy bill.

Indonesia

2 SOURCES

Detailed and Symmetrical Factual Account · 6 of 29 countries

Jakarta sees the escalation as a strictly symmetrical process, where each side strikes ships or tankers without crossing the threshold that would trigger all-out war by late February.

Iraq

incl. 1 state outlet

2 SOURCES

Economies and Alliances Directly Affected · 4 of 29 countries

Baghdad is already calculating the bill: nearly a third of Iraq's oil revenues are evaporating in the tolls Tehran imposes on the Strait of Hormuz, as an oil tanker carrying Iraqi fuel burns in the country's territorial waters.

Iran

2 SOURCES

Official Iranian Voice · 1 of 29 countries

Tehran cites its right to self-defense to justify its strikes on Al-Azraq and in the Strait of Hormuz, and denounces the American attacks on its tankers as a blatant violation of the United Nations Charter.

Israel

2 SOURCES

Stakeholders and Direct Allies of the Conflict · 4 of 29 countries

Jerusalem sees the exchange of blows on September 8 and 9 as a direct extension of its own war, which began on February 28 with the operation that killed Khamenei, and is particularly mindful of the signs of fracture that are emerging in Tehran.

Italy

2 SOURCES

Detailed and Symmetrical Factual Account · 6 of 29 countries

Rome views the escalation between Washington and Tehran as a calibrated exchange, blow for blow, where each side designates its targets and warns before striking, without ever claiming victims.

Mexico

2 SOURCES

Oil Market Perspective · 9 of 29 countries

Mexico City gauges the war by its maritime traffic curves and barrel prices, more than by the unverifiable military tallies put forward by each of the two sides.

Népal

2 SOURCES

Importers Under Budget and Human Pressure · 5 of 29 countries

Kathmandu gauges the oil war by the fate of civilian crews caught in the crossfire, from Filipino sailors drowned in the Strait of Hormuz to ships ordered to be abandoned in Kuwait and Bahrain.

Nigeria

2 SOURCES

Oil Market Perspective · 9 of 29 countries

Abuja is weighing a two-edged budget calculation in the $100 barrel, between boosted oil revenues due to the escalation and the increasing bill for imported fuel as Washington and Tehran clash at sea.

Pakistan

4 SOURCES

Importers Under Budget and Human Pressure · 5 of 29 countries

Islamabad is gauging the oil shock based on its own import bill, as the maritime exclusion zone announced by Iran extends to the area off Chabahar, in close proximity to its coast and the port of Gwadar.

Qatar

incl. 1 state outlet

3 SOURCES

Economies and Alliances Directly Affected · 4 of 29 countries

Doha is counting on active mediation and pushing for an unconditional reopening of the Strait of Ormuz, which it deems urgent ahead of a "global industrial catastrophe".

United Kingdom

3 SOURCES

Detailed and Symmetrical Factual Account · 6 of 29 countries

London weighs the surge in the barrel as much as the military strikes, and reads the outcome of the Iran-United States war through the lens of the American electoral calendar rather than mediation.

Russia

incl. 2 state outlets

3 SOURCES

Stakeholders and Direct Allies of the Conflict · 4 of 29 countries

Moscow highlights the price paid by Washington's allies: Jordan, Kuwait, and Bahrain find themselves on the front lines of a naval war they did not choose, simply because they host American bases or forces.

Singapore

2 SOURCES

Oil Market Perspective · 9 of 29 countries

Singapore is feeling the oil shockwave from the direct confrontation between Washington and Tehran, with the barrel nearing $100 and the US's Asian allies on high alert near the Strait of Hormuz.

Sweden

2 SOURCES

Oil Market Perspective · 9 of 29 countries

Stockholm weighs the war in barrels more than in missiles, measuring how the closure of the Strait of Hormuz by Tehran and the American naval blockade have shaped a strangely stable oil market after six months of conflict.