Middle East Market Intelligence Brief: Week Ending August 28, 2026
US sanctions on Iran intensified this week, with Washington targeting entities linked to Tehran’s oil, shipping, and financial networks whilst threatening secondary sanctions on countries doing business with Iran.
Qatar is stepping up mediation efforts to reopen the Strait of Hormuz, with Iran preparing conditions for restoring normal shipping.
US forces say international lanes are open after mine-clearing operations, but traffic remains well below normal levels amid continued tensions and sanctions.
Below is Expana’s weekly summary of the war’s most significant effects on global commodities. For the latest real-time updates, follow...
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