[2026-05-09 22:23 UTC+10:00] [General] [Factuality: 100]

Source: AP News

Title: Frágil alto el fuego se mantiene mientras EEUU espera respuesta de Irán; Baréin detiene a decenas

Snippet: DUBÁI, Emiratos Árabes Unidos (AP) — Un frágil alto el fuego parecía mantenerse el sábado después de que Estados Unidos atacó a dos petroleros iraníes, mientras Baréin, que alberga la sede regional de la Marina estadounidense, reportó la detención de decenas de personas que, según dijo, tenían vinculación con la Guardia Revolucionaria de Irán.

Read full article: https://apnews.com/article/iran-eeuu-guerra-israel-tregua-bahrein-3af53563ba4bd8b611a86c79627778b5

[2026-05-09 21:53 UTC+10:00] [General] [Factuality: 100]

Source: The National (UAE)

Title: Bahrain arrests 41 people it claims linked to Iran | The National

Snippet: Bahrain's government has arrested 41 individuals it claims are linked to the Islamic Revolutionary Guard Corps (IRGC), labelling them as the “core” of an alleged terrorist network operating within the country.

Read full article: https://www.thenationalnews.com/news/gulf/2026/05/09/bahrain-arrests-41-people-it-claims-linked-to-iran/

[2026-05-09 21:42 UTC+10:00] [Defense] [Factuality: 100]

Source: Politico

Title: US strikes Iranian oil tankers while awaiting Tehran response on peace plan

Snippet: The U.S. military on Friday said its forces struck and "disabled" two Iranian-flagged oil tankers to stop them pulling into an Iranian port on the Gulf of Oman.

Read full article: https://www.politico.eu/article/us-forces-strike-iran-oil-tankers-while-waiting-tehran-peace-proposal/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication

[2026-05-09 21:35 UTC+10:00] [General] [Factuality: 100]

Source: Zero Hedge

Title: Intel Leak: Russia Mulled Giving Iran Un-Jammable Drones To Fight US Forces

Snippet: Russia offered Iran thousands of advanced drones built to bypass electronic jamming systems, along with training for attacks on US troops in the Middle East, according to a confidential intelligence document obtained and reviewed by The Economist.

Read full article: https://www.zerohedge.com/geopolitical/intel-leak-russia-mulled-giving-iran-un-jammable-drones-fight-us-forces

[2026-05-09 21:24 UTC+10:00] [General] [Factuality: 100]

Source: AP News

Title: A fragile ceasefire holds as US awaits Iran response, Bahrain detains dozens

Snippet: President Donald Trump told reporters in Washington that the ceasefire with Iran was holding. Trump also said Iran “trifled with us,” after the U.S. military said it intercepted Iranian attacks on three Navy ships in the Strait of Hormuz and “targeted Iranian military facilities responsible for attacking U.S. forces.”

Read full article: https://apnews.com/article/iran-us-war-0c25b2ca53ee90bc19bfbf6c44a66e6e

[2026-05-09 20:10 UTC+10:00] [General] [Factuality: 100]

Source: CNBC

Title: U.S. sanctions companies and individuals in the Middle East and China for helping Iran

Snippet: The U.S. is imposing sanctions on companies and individuals across the Middle East and China for allegedly helping Iran in its war efforts, the State Department said.

Read full article: https://www.cnbc.com/2026/05/09/us-sanctions-entities-in-the-middle-east-and-china-for-helping-iran.html

[2026-05-09 19:48 UTC+10:00] [General] [Factuality: 100]

Source: The Jerusalem Post

Title: Bahrain arrests 41 individuals linked with Iran's IRGC terrorist activities in the Kingdom

Snippet: The government of Bahrain arrested 41 individuals linked with the main Islamic Revolutionary Guard Corps (IRGC) in the country, Bahrain's Interior Ministry announced on Saturday.

Read full article: https://www.jpost.com/middle-east/iran-news/article-895609

[2026-05-09 19:48 UTC+10:00] [General] [Factuality: 100]

Source: The Jerusalem Post

Title: Iran's 'fake opposition': The controversial campaign to legitimize the MEK

Snippet: ‘People change,” the press “agent” of the front organization for the terrorist group MEK wrote to me, trying to convince me – or himself – that he was not taking blood money for promoting these terror groups.

Read full article: https://www.jpost.com/middle-east/iran-news/article-895334

[2026-05-09 19:08 UTC+10:00] [General] [Factuality: 100]

Source: RT News

Title: Russian nuclear agency issues update on Iran’s Bushehr plant

Snippet: Iran’s only operating nuclear power plant in Bushehr continues to function normally despite reports of renewed US-Iran military exchanges, Aleksey Likhachev, CEO of the Russian state nuclear corporation Rosatom, has said.

Read full article: https://www.rt.com/news/639754-rosatom-update-bushehr-likhachev/?utm_source=rss&utm_medium=rss&utm_campaign=RSS

[2026-05-09 19:04 UTC+10:00] [General] [Factuality: 92]

Source: South China Morning Post

Title: Xi-Trump summit: why the Iran war could become fresh point of friction

Snippet: Both China and the US stand to gain from reopening the Strait of Hormuz, but they view the crisis through different lenses

Read full article: https://www.scmp.com/news/china/diplomacy/article/3352990/xi-trump-summit-why-iran-war-could-become-fresh-point-friction?utm_source=rss_feed

[2026-05-09 19:04 UTC+10:00] [Israel] [Factuality: 92]

Source: South China Morning Post

Title: Xi-Trump summit: why the Iran war could become fresh point of friction

Snippet: Both China and the US stand to gain from reopening the Strait of Hormuz, but they view the crisis through different lenses

Read full article: https://www.scmp.com/news/china/diplomacy/article/3352990/xi-trump-summit-why-iran-war-could-become-fresh-point-friction

[2026-05-09 18:46 UTC+10:00] [National] [Factuality: 100]

Source: The Age

Title: Iran ceasefire fractures

Snippet: Products & ServicesOpen Products & Services section

Read full article: https://www.theage.com.au/national/iran-ceasefire-fractures-20260509-p5zvbt.html?ref=rss&utm_medium=rss&utm_source=rss_feed

[2026-05-09 18:03 UTC+10:00] [General] [Factuality: 100]

Source: The Jerusalem Post

Title: Israel doubts US optimism in Iran talks as critical issues on nuclear concessions remain unsolved

Snippet: Senior Israeli officials state that significant gaps still exist between the US and Iran, with the key question for Israel not just being what the Iranians are willing to offer to reach a deal and end the conflict, but how much US President Donald Trump is prepared to concede in order to achieve a diplomatic success.

Read full article: https://www.jpost.com/middle-east/iran-news/article-895606

[2026-05-09 17:30 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: Trump’s threats against Iran are historically illiterate

Snippet: The US president’s threats to end Iranian civilisation expose his ignorance of the country’s long history

Read full article: https://www.scmp.com/week-asia/opinion/article/3352928/trumps-threats-against-iran-are-historically-illiterate?utm_source=rss_feed

[2026-05-09 17:30 UTC+10:00] [Central Intelligence Agency] [Factuality: 100]

Source: South China Morning Post

Title: Trump’s threats against Iran are historically illiterate

Snippet: The US president’s threats to end Iranian civilisation expose his ignorance of the country’s long history

Read full article: https://www.scmp.com/week-asia/opinion/article/3352928/trumps-threats-against-iran-are-historically-illiterate

[2026-05-09 17:19 UTC+10:00] [General] [Factuality: 90]

Source: The National (UAE)

Title: Opening of Ras Al Khaimah's landmark Wynn gaming resort delayed by Iran war | The National

Snippet: The launch of Ras Al Khaimah's multi-billion dollar Wynn Al Marjan Island gaming resort will be delayed after "logistical and shipping challenges" caused by the Iran war.

Read full article: https://www.thenationalnews.com/news/uae/2026/05/09/opening-of-ras-al-khaimahs-landmark-wynn-gaming-resort-delayed-by-iran-war/

[2026-05-09 17:16 UTC+10:00] [General] [Factuality: 100]

Source: South China Morning Post

Title: US sanctions 9 mainland China and Hong Kong entities over alleged Iran military links

Snippet: Treasury and State Department announcements come days ahead of US President Donald Trump’s expected China visit and summit with Xi Jinping

Read full article: https://www.scmp.com/news/china/diplomacy/article/3352980/us-sanctions-9-mainland-china-and-hong-kong-entities-over-alleged-iran-military-links?utm_source=rss_feed

[2026-05-09 17:16 UTC+10:00] [Beijing] [Factuality: 100]

Source: South China Morning Post

Title: US sanctions 9 mainland China and Hong Kong entities over alleged Iran military links

Snippet: Treasury and State Department announcements come days ahead of US President Donald Trump’s expected China visit and summit with Xi Jinping

Read full article: https://www.scmp.com/news/china/diplomacy/article/3352980/us-sanctions-9-mainland-china-and-hong-kong-entities-over-alleged-iran-military-links

[2026-05-09 17:00 UTC+10:00] [Asia] [Factuality: 100]

Source: Politico

Title: What Beijing has learned about the US from the Iran war

Snippet: The increasingly intractable conflict between the U.S. and Iran is revealing American military and strategic vulnerabilities — and offering important lessons to its biggest rival.

Read full article: https://www.politico.eu/article/what-beijing-has-learned-about-the-us-from-the-iran-war/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication

[2026-05-09 17:00 UTC+10:00] [General] [Factuality: 100]

Source: The National (UAE)

Title: The Iran war did not create the UAE's industrial push but accelerated it | The National

Snippet: Regional conflicts have a way of exposing what economic policy really means. When shipping routes are disrupted, supply chains become more expensive, households begin to think differently about savings and security, and companies about investment, the question for governments is no longer simply how to grow. It is how to grow with resilience.

Read full article: https://www.thenationalnews.com/opinion/comment/2026/05/09/uae-industry-economy-middle-east/

[2026-05-09 16:46 UTC+10:00] [General] [Factuality: 100]

Source: Middle East Eye

Title: Iran says response to US proposal coming at 'appropriate time'

Snippet: Iran’s foreign ministry spokesman Esmaeil Baghaei said Tehran is still reviewing the latest US proposal related to negotiations over ending the conflict, adding that a response would be delivered “at the appropriate time”.

Read full article: https://www.middleeasteye.net/live-blog/live-blog-update/iran-says-response-us-proposal-coming-appropriate-time

[2026-05-09 16:37 UTC+10:00] [General] [Factuality: 100]

Source: The National (UAE)

Title: Arab countries condemn 'reprehensible' Iranian attacks on UAE | The National

Snippet: Live updates: Follow the latest news on Iran war

Read full article: https://www.thenationalnews.com/news/uae/2026/05/09/arab-countries-condemn-reprehensible-iranian-attacks-on-uae/

[2026-05-09 16:30 UTC+10:00] [World / Middle East] [Factuality: 90]

Source: The Age

Title: Trump waits on response to peace plan as Iran accuses US of ‘reckless military adventure’

Snippet: The US said it expects Iran to respond to its latest proposal to end their war imminently, as clashes in the Strait of Hormuz threatened to further fracture a month-long ceasefire.

Read full article: https://www.theage.com.au/world/middle-east/trump-waits-on-response-to-peace-plan-as-iran-accuses-us-of-reckless-military-adventure-20260509-p5zva2.html?ref=rss&utm_medium=rss&utm_source=rss_feed

[2026-05-09 15:40 UTC+10:00] [General] [Factuality: 100]

Source: Middle East Eye

Title: Iranian politician calls Trump tactics psychological warfare against Tehran

Snippet: Hassan Rasouli, a member of Iran’s Reformists’ Supreme Council for Policymaking, described efforts by US President Donald Trump to create divisions among Iranian officials as “psychological warfare”, according to an interview with Iran’s state news agency Islamic Republic News Agency.

Read full article: https://www.middleeasteye.net/live-blog/live-blog-update/iranian-politician-calls-trump-tactics-psychological-warfare-against

[2026-05-09 15:00 UTC+10:00] [Science] [Factuality: 90]

Source: Guardian Australia

Title: ‘The odds are not in our favour’: who sets the Doomsday Clock – and what can they tell us about the future of humanity?

Snippet: With the war on Iran, Ukraine, AI and climate breakdown increasing the likelihood of a nuclear war, the clock stands closer to midnight than ever before. So who decides how many seconds we have left – and can we buy ourselves more time?

Read full article: https://www.theguardian.com/science/2026/may/09/doomsday-clock-ai-iran-ukraine-war-climate-breakdown-nuclear-apocalypse

[2026-05-09 14:03 UTC+10:00] [General] [Factuality: 90]

Source: The Jerusalem Post

Title: Trump says US will start 'Project Freedom Plus' if Iran talks fail

Snippet: US President Donald Trump told reporters on Saturday that the United States would initiate renewed operations in the Strait of Hormuz if peace talks with Iran fail to move forward.

Read full article: https://www.jpost.com/middle-east/iran-news/article-895598

[2026-05-09 14:00 UTC+10:00] [General] [Factuality: 100]

Source: The National (UAE)

Title: The Gulf countries are building a Middle East that Iran cannot tolerate | The National

Snippet: The US strikes on Iranian targets this week were not simply retaliation for another military exchange in the Gulf. Iran’s nuclear ambitions, missile and drone programmes, support for proxy militias, and attacks on regional infrastructure and civilians remain central threats. But those dangers are also tied to something broader: for decades, Iran’s leadership has opposed the direction much of the Gulf has taken politically, economically and diplomatically.

Read full article: https://www.thenationalnews.com/opinion/comment/2026/05/09/uae-gulf-iran-us-war/

[2026-05-09 13:59 UTC+10:00] [General] [Factuality: 100]

Source: Middle East Eye

Title: Massive $7bn oil bets before Trump's Iran announcements raise questions

Snippet: Trading data reviewed by Reuters showed that investors placed roughly $7 billion in bets on falling oil prices during March and April, shortly before major announcements by US President Donald Trump concerning Iran policy and the war in the Middle East.

Read full article: https://www.middleeasteye.net/live-blog/live-blog-update/massive-7bn-oil-bets-trumps-iran-announcements-raise-questions

[2026-05-09 13:37 UTC+10:00] [General] [Factuality: 100]

Source: The Manila Times

Title: Rubio defends new US sanctions on Cuba, targeting military-run conglomerate GAESA

Snippet: HAVANA, Cuba — US Secretary of State Marco Rubio on Friday defended the Trump administration's decision to slap new sanctions on Cuba, the largest of which is against GAESA, or Grupo de Administración Empresarial S.A., a business conglomerate operated by the Cuban Revolutionary Armed Forces.

Read full article: https://www.manilatimes.net/2026/05/09/world/americas-emea/rubio-defends-new-us-sanctions-on-cuba-targeting-military-run-conglomerate-gaesa/2339881

[2026-05-09 13:26 UTC+10:00] [Middle East] [Factuality: 90]

Source: Rappler

Title: Tehran could withstand blockade for 4 months, CIA report shows

Snippet: This is AI generated summarization, which may have errors. For context, always refer to the full article.

Read full article: https://www.rappler.com/world/middle-east/usa-iran-war-updates-may-9-2026/

[2026-05-09 13:04 UTC+10:00] [General] [Factuality: 100]

Source: AP News

Title: Soaring fuel prices accelerate use of EVs in Africa, led by Ethiopia

Snippet: A batch of electrical vehicles for sale parked at a car yard in Addis Ababa, Ethiopia on Oct. 3, 2024. (AP Photo, File)

Read full article: https://apnews.com/article/ethiopia-electric-vehicles-iran-war-d4d5ffa1a7b06d3b2e34d59dcc80f0e7

[2026-05-09 11:52 UTC+10:00] [All News] [Factuality: 90]

Source: The Korea Herald

Title: Trump says, 'I love S. Korea,' after Seoul, Washington sign MOU on shipbuilding cooperation

Snippet: US President Donald Trump said Friday that "I love South Korea," despite his earlier show of displeasure over a lack of support by Seoul and other allies for the United States' military operation against Iran.

Read full article: https://www.koreaherald.com/article/10734269

[2026-05-09 11:32 UTC+10:00] [General] [Factuality: 100]

Source: Middle East Eye

Title: Oil spill spotted near Iran export terminal on Kharg Island, AP reports

Snippet: The United States Department of War has declined to comment on reports of a possible recent strike near Iran’s Kharg Island, the country’s main oil export terminal, according to Associated Press.

Read full article: https://www.middleeasteye.net/live-blog/live-blog-update/oil-spill-spotted-near-iran-export-terminal-kharg-island-ap-reports

[2026-05-09 11:30 UTC+10:00] [General] [Factuality: 100]

Source: Middle East Eye

Title: Iran mocks Trump nuclear threat with Dr Strangelove reference

Snippet: Iranian foreign ministry spokesman Esmaeil Baghaei mocked US President Donald Trump over recent comments threatening a possible nuclear strike on Iran.

Read full article: https://www.middleeasteye.net/live-blog/live-blog-update/iranian-spokesman-ridicules-trump-remarks-about-nuclear-strike-threat

[2026-05-09 11:21 UTC+10:00] [World] [Factuality: 100]

Source: 9News

Title: Pentagon won't deny attack after massive oil slick spotted off Kharg Island

Snippet: Property News: Australia's most popular suburbs in every capital city.

Read full article: https://www.9news.com.au/world/kharg-island-oil-slick-tanker-iran-middle-east-usa-latest-news-updates/cfa7a803-7dd6-4013-a178-745cd0ef9a21

[2026-05-09 11:18 UTC+10:00] [General] [Factuality: 90]

Source: RT News

Title: Hormuz akin to ‘atomic bomb’ – Iranian supreme leader’s adviser

Snippet: The US military has attacked two more Iranian-flagged oil tankers in the Gulf of Oman as Washington presses ahead with a “freedom of navigation” blockade, while Tehran has compared control of the Strait of Hormuz to possessing an “atomic bomb.”

Read full article: https://www.rt.com/news/639717-iran-hormuz-atomic-bomb/?utm_source=rss&utm_medium=rss&utm_campaign=RSS

[2026-05-09 11:18 UTC+10:00] [General] [Factuality: 90]

Source: RT News

Title: Read Full Article at RT.com

Snippet: The US military has attacked two more Iranian-flagged oil tankers in the Gulf of Oman as Washington presses ahead with its “freedom of navigation” blockade, while Tehran has compared control of the Strait of Hormuz to possessing an “atomic bomb.”

Read full article: https://www.rt.com/news/639717-iran-hormuz-atomic-bomb/

[2026-05-09 10:54 UTC+10:00] [General] [Factuality: 100]

Source: The Manila Times

Title: US fire on Iran tankers sparks reprisals as deal hangs in balance

Snippet: TEHRAN, Iran — A US fighter jet on Friday disabled two Iranian-flagged tankers, prompting retaliatory attacks and rattling a shaky truce as President Donald Trump said he was awaiting Tehran's reply to his latest proposal to end the Middle East war.

Read full article: https://www.manilatimes.net/2026/05/09/world/americas-emea/us-fire-on-iran-tankers-sparks-reprisals-as-deal-hangs-in-balance/2339861

[2026-05-09 10:52 UTC+10:00] [General] [Factuality: 100]

Source: South Korea

Title: Trump says, 'I love S. Korea,' after Seoul, Washington sign MOU on shipbuilding cooperation

Snippet: WASHINGTON, May 8 (Yonhap) -- U.S. President Donald Trump said Friday that "I love South Korea," despite his earlier show of displeasure over a lack of support by Seoul and other allies for the United States' military operation against Iran.

Read full article: https://en.yna.co.kr/view/AEN20260509001100315

[2026-05-09 10:38 UTC+10:00] [General] [Factuality: 100]

Source: Middle East Eye

Title: Qatar and US discuss ending Iran war during Washington meeting

Snippet: Qatari Prime Minister Mohammed bin Abdulrahman bin Jassim Al Thani met US Vice President JD Vance in Washington, where discussions focused on ending the war involving Iran and achieving long-term stability in the Middle East.

Read full article: https://www.middleeasteye.net/live-blog/live-blog-update/qatar-and-us-discuss-ending-iran-war-during-washington-meeting

[2026-05-09 10:37 UTC+10:00] [General] [Factuality: 92]

Source: Middle East Eye

Title: UN: Iran war pushes global food prices to three-year high

Snippet: Global food prices rose to their highest level since 2023 in April, driven in part by the conflict in the Middle East, according to the Food and Agriculture Organisation (FAO).

Read full article: https://www.middleeasteye.net/live-blog/live-blog-update/un-iran-war-pushes-global-food-prices-three-year-high

[2026-05-09 10:21 UTC+10:00] [General] [Factuality: 100]

Source: Middle East Eye

Title: US-Iran negotiations key to regional stability, Lavrov tells UAE, urges support

Snippet: Russian foreign minister Sergey Lavrov urged support for ongoing negotiations between the United States and Iran during a phone call with UAE Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan, according to Russia’s Foreign Ministry.

Read full article: https://www.middleeasteye.net/live-blog/live-blog-update/us-iran-negotiations-key-regional-stability-lavrov-tells-uae-urges

[2026-05-09 10:18 UTC+10:00] [General] [Factuality: 100]

Source: The Jerusalem Post

Title: US imposes sanctions on 10 individuals, companies for aiding Iran's weapons sector

Snippet: The US Treasury on Friday announced sanctions against 10 individuals and companies, including several in China and Hong Kong, over accusations they aided Iran's efforts to secure weapons and the raw materials needed to build its Shahed drones and ballistic missiles.

Read full article: https://www.jpost.com/international/article-895594

[2026-05-09 10:00 UTC+10:00] [World] [Factuality: 90]

Source: SBS News

Title: Iran accuses US of 'reckless military adventure' after empty oil tankers struck

Snippet: LIVE, FREE and EXCLUSIVE

Read full article: https://www.sbs.com.au/news/article/iran-accuses-us-of-reckless-military-adventure-after-empty-oil-tankers-struck/pao2ja6ty

[2026-05-09 09:30 UTC+10:00] [General] [Factuality: 100]

Source: BBC News

Title: The UK is set for a staycation summer - and there are plenty of hidden gems

Snippet: Summer holidays might look different for some people this year as the war in Iran disrupts travel across the Middle East and pushes up prices for flights and package deals to European hotspots.

Read full article: https://www.bbc.com/news/articles/cgjpv9pdnpwo?at_medium=RSS&at_campaign=rss

[2026-05-09 08:36 UTC+10:00] [General] [Factuality: 100]

Source: Middle East Eye

Title: US sanctions target firms tied to Iran drone supply network

Snippet: The US Treasury Department has imposed sanctions on 10 individuals and companies accused of helping Iran’s military obtain weapons and materials used in the production of Shahed drones.

Read full article: https://www.middleeasteye.net/live-blog/live-blog-update/us-sanctions-target-firms-tied-iran-drone-supply-network

[2026-05-09 08:34 UTC+10:00] [General] [Factuality: 90]

Source: New York Post

Title: War-hungry Revolutionary Guard maintains its grip on Iran as US holds to fragile cease-fire

Snippet: WASHINGTON — An ugly internal power struggle in Iran is muddying mediation talks with the US, as pro-war and pro-deal factions battle it out over whether Tehran should ever surrender, sources familiar with mediation efforts tell The Post.

Read full article: https://nypost.com/2026/05/08/world-news/war-hungry-irgc-clenches-its-grip-on-iran-while-others-push-for-a-deal-with-us/

[2026-05-09 08:30 UTC+10:00] [General] [Factuality: 90]

Source: ABC News

Title: Live: US fires on tankers as Tehran accuses Washington of 'reckless military adventure'

Snippet: The US military has struck two empty Iranian-flagged oil tankers, US Central Command says, adding that a third Iranian-flagged vessel had been disabled on Wednesday.

Read full article: https://www.abc.net.au/news/2026-05-09/iran-blog-may-9/106659038

[2026-05-09 08:25 UTC+10:00] [General] [Factuality: 100]

Source: New York Post

Title: Israelis a literary ‘crime’, Obama’s secret gift to Tehran and other commentary

Snippet: Conservative: Israelis a Literary ‘Crime’?

Read full article: https://nypost.com/2026/05/08/opinion/israelis-a-literary-crime-obamas-secret-gift-to-tehran-and-other-commentary/

[2026-05-09 08:00 UTC+10:00] [General] [Factuality: 100]

Source: Zero Hedge

Title: Traders Puzzled As Physical Oil Prices Tumble Amid Surging Chinese Crude Sales, Plunging Imports

Snippet: Yesterday when discussing China's unexpected flip-flopping on its decision to order local banks to ignore the latest US sanctions on Chinese, followed days later by a demand that they pause loans to sanctions refiners, we highlighted something remarkable: in the aftermath of the Strait of Hormuz blockade, which throttled the transit of ~10% of global oil and sent physical prices soaring to record highs (especially for Dubai crude), resulting in a windfall for European refiners thanks to soaring gasoline premiums...

Read full article: https://www.zerohedge.com/markets/traders-puzzled-physical-oil-prices-tumble-amid-surging-chinese-crude-sales-plunging