Oil prices dip as Strait of Hormuz remains a focal point in the crisis

Last updated: October 26, 2026 | 09:52

14.5m b/d in recent weeks.">

Adm. Brad Cooper, commander of US Central Command, is seen flying over the Strait of Hormuz in a CH-47 Chinook (photos published by @CENTCOM). The US military updated oil flows via Strait of Hormuz to ~1.5 billion since the summer, implying a rate of >14.5m b/d in recent weeks. @CentCom | X

As Day 240 of US-Israel war with Iran came on Monday (Oct. 26), tensions across the Middle East stayed.

US President Donald Trump renewed warnings that a nuclear-armed Iran would bring “death problems,” while leaving room for a deal.

Iranian Foreign Minister Abbas Araghchi , meanwhile, said Hormuz’s management will not return to pre-war norms, while Netanyahu warns of attacks aimed at disrupting Tuesday’s Israeli elections.

Saudi Arabia said it intercepted a Houthi ballistic missile fired toward Riyadh, a day after explosions rattled the capital and residents received…