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New attacks on shipping as Iran war talks hit fresh impasse
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New attacks on shipping as Iran war talks hit fresh impasse

🇾🇪 YemenAug 11, 2026 15:46SRC: AL MONITOR

INTELLIGENCE SUMMARY

By Elwely Elwelly and Parisa Hafezi DUBAI, Aug 11 (Reuters) - The United States and Yemen's Iran-aligned Houthis reported separate attacks on shipping on Tuesday as prospects for ending the five-month-old Iran war appeared to dim, with Tehran saying the Strait of Hormuz would remain closed unless Washington accepts its conditions. Oil prices gained and global shares retreated amid renewed pessimism about a quick end to the conflict. Brent crude futures climbed 1.4% to settle at $88.91 per barrel

DETAILED REPORT

By Elwely Elwelly and Parisa Hafezi DUBAI, Aug 11 (Reuters) - The United States and Yemen's Iran-aligned Houthis reported separate attacks on shipping on Tuesday as prospects for ending the five-month-old Iran war appeared to dim, with Tehran saying the Strait of Hormuz would remain closed unless Washington accepts its conditions. Oil prices gained and global shares retreated amid renewed pessimism about a quick end to the conflict. Brent crude futures climbed 1.4% to settle at $88.91 per barrel and U.S. crude rose 1.3% to $83.20.
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