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Iran oil cargoes left in limbo after US revokes waiver – Bloomberg

Jul 8, 2026, 05:22 GMT+1

Tens of millions of barrels of Iranian oil on tankers were left in limbo after the United States revoked a 60-day waiver allowing Tehran to sell crude, Bloomberg reported on Wednesday.

About 63 million barrels of Iranian oil are currently on the water, either in transit or idling, according to Bloomberg calculations based on Vortexa data. The crude is on vessels in the Persian Gulf and across Asian waters, with many ships not showing a clear destination or signaling they are available for orders.

Meanwhile, a handful of vessels appeared to pass through the Strait of Hormuz early on Wednesday despite a series of attacks on tankers that left shipowners assessing the risks of operating in the key waterway, Bloomberg reported separately.

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Kuwait says air defenses intercept missile and drone attacks

Jul 8, 2026, 04:09 GMT+1

Kuwait’s military said on Tuesday that its air defenses were confronting missile and drone attacks, adding that any explosion sounds heard were caused by its systems intercepting the incoming threats.

The General Staff of the Kuwaiti Army urged citizens and residents to follow security and safety instructions issued by the relevant authorities.

Bahrain sounds siren, urges residents to seek shelter

Jul 8, 2026, 03:57 GMT+1

Bahrain’s Ministry of Interior said on Tuesday that a siren been sounded and urged citizens and residents to remain calm and move to the nearest safe place.

US violated MoU after Iran strikes, Parliament Speaker Ghalibaf says

Jul 8, 2026, 03:35 GMT+1

Iranian Parliament Speaker Mohammad Bagher Ghalibaf said on Tuesday that the United States violated the memorandum of understanding (MOU) between Tehran and Washington, citing what he described as actions in the Strait of Hormuz, renewed oil sanctions, and strikes on southern Iran.

"Major MOU Violations by the US: Violating Iranian adjustments in the Strait Persistent threats of further strikes Reinstating oil sanctions Attacks on southern Iran Continued Zionist aggression on The era of bullying and extortion is over. It leads nowhere. We don’t fold," he posted on X.

CENTCOM says US strikes hit more than 80 targets across Iran

Jul 8, 2026, 02:48 GMT+1
A US Air Force F-16 Fighting Falcon flies away from the boom of a KC-135 Stratotanker in the US Central Command area of responsibility May 23, 2026. (US Air Force photo by Tech Sgt Tiffany A. Emery)
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A US Air Force F-16 Fighting Falcon flies away from the boom of a KC-135 Stratotanker in the US Central Command area of responsibility May 23, 2026. (US Air Force photo by Tech Sgt Tiffany A. Emery)

US Central Command said in a statement that its forces completed a new round of retaliatory strikes against Iran on Tuesday, hitting more than 80 targets in response to recent attacks on commercial vessels transiting the Strait of Hormuz.

"US forces struck Iranian air defense systems, command and control networks, coastal radar sites, anti-ship missile capabilities, and more than 60 Islamic Revolutionary Guard Corps small boats in and near the strait to degrade Iran’s ability to continue attacking international commerce flowing through the international trade corridor," the statement said.

"The unwarranted aggression by Iranian forces is a clear and dangerous violation of the ceasefire and undermines freedom of navigation. CENTCOM forces remain postured and prepared to hold Iran accountable when the agreement is not adhered to or obeyed," the statement added.

US military aircraft seen over Persian Gulf after US strikes on Iran

Jul 8, 2026, 02:36 GMT+1

More than a dozen US military aircraft were seen on flight tracking data over the Persian Gulf and the Gulf of Oman early on Wednesday, hours after the United States announced strikes against Iranian targets, CNN reported on Tuesday.

The aircraft included at least 12 US Air Force refueling planes, a US Navy P-8 Poseidon intelligence and reconnaissance aircraft, and a UAE Air Force refueling plane, according to the report.