Mapping Iran war’s strikes on Gulf energy and its impact on future of oil
US energy companies have reaped billions from rising oil price, but their assets in the region remain at risk.

US energy companies have reaped billions from rising oil price, but their assets in the region remain at risk.



![Vessels in the Strait of Hormuz are visible near the beach of Bandar Abbas, Iran, August 28, 2026. [Majid Asgaripour/WANA via Reuters]](https://aljazeeranews-mggx1uo47w.edgeone.app/wp-content/uploads/2026/08/2026-08-28T125017Z_430861520_RC2I7NAOVQB7_RTRMADP_3_IRAN-CRISIS-HORMUZ-1787952814.jpg?resize=770%2C513&quality=80)

![People gather on the beach, as vessels in the Strait of Hormuz are visible near the beach of Bandar Abbas, Iran, August 25, 2026. [Majid Asgaripour/WANA via Reuters]](https://aljazeeranews-mggx1uo47w.edgeone.app/wp-content/uploads/2026/08/2026-08-25T111240Z_2136989212_RC2J5NAAYWGP_RTRMADP_3_IRAN-CRISIS-HORMUZ-1787691077.jpg?resize=770%2C513&quality=80)

![Women walk past a portrait of the late Iranian Supreme Leader Ayatollah Ali Khamenei in downtown Tehran, Iran, August 20, 2026. [Vahid Salemi/AP Photo]](https://aljazeeranews-mggx1uo47w.edgeone.app/wp-content/uploads/2026/08/AP26232599567667-1787348587.jpg?resize=770%2C513&quality=80)

US president seeks payment for ’50 years’ of alleged damages after Iran conditions opening of Hormuz on war reparations.
US relying on sanctions and naval blockade as oil prices stabilise, easing economic strain on American consumers.
Iran says it struck Kuwait in retaliation for US strikes on multiple locations in Iran, including Qeshm island.
At least four killed in US attacks on Iran, as Tehran responds by targeting Bahrain, Kuwait and Jordan.