Sat 09 May 2026:
Massive oil slicks were spotted near Iran’s Kharg Island, the country’s main oil export terminal, with satellite imagery showing suspected leaks spreading across Gulf waters, Israeli newspaper Yedioth Ahronoth reported.
It said images captured by the European Copernicus Sentinel-1, Sentinel-2 and Sentinel-3 satellites between May 6 and 8, showed traces of what appeared to be oil leaks west and southwest of the island.
Visual comparisons between satellite images taken April 18 and more recent ones from May 6 showed suspicious material spreading across the sea surface for several kilometers.
The images also showed light-colored surface patches consistent with the known characteristics of offshore oil spills in satellite imagery.
The developments came amid heightened tensions in and around the Strait of Hormuz following recent exchanges of fire involving Iranian and US forces, and growing concerns about maritime security and energy supplies in the region.
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Oil prices jump amid renewed US-Iran fighting in Hormuz Strait, then settle
Brent crude oil futures jumped as much as 3 percent on Friday, as the US and Iran clashed in the Strait of Hormuz, but the gains were pared back amid optimism of an imminent agreement between Washington and Tehran to end the war.
Brent crude futures settled at $101.29 per barrel, up $1.23 or 1.23 percent, after rising as much as 3 percent during the trading session on Friday.
US West Texas Intermediate (WTI) futures finished at $95.42 per barrel, up $0.61, or 0.64 percent.
John Kilduff, a partner with Again Capital – an investment firm – told the Reuters news agency there is much uncertainty in the market but a belief that an agreement is due.
“We’re on the cusp of a breakthrough in negotiations or we’re on the cusp of a renewal of the fighting. We’ve been here a lot,” he said.
“There is a sense in the market that there is going to be an agreement and we’ll get the next phase which would be 30 days to hammer out an agreement (between Iran and the US),” Kilduff said.
SOURCE: INDEPENDENT PRESS AND NEWS AGENCIES
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