The head of Iran's Basij paramilitary unit has declared that the Strait of Hormuz is firmly under Iranian control, countering US President ...

The Organisation of Petroleum Exporting Countries cut its forecast for global oil demand growth in 2026 to 580,000 barrels per day in its m...

US President Donald Trump has once again claimed "total control" over the Strait of Hormuz in a Truth Social post, calling the American nav...

President Trump stated the United States has total control over the Strait of Hormuz. He warned Iran against any actions that could provoke...

Brent crude futures were up 72 cents, or 0.81%, at $89.63, while US West Texas Intermediate (WTI) crude gained 71 cents, or 0.85%, to $83.9...

The oil market is witnessing unprecedented volatility amid the intensifying US-Iran hostilities. Iran's surprising maneuver to shut down th...

Oil prices maintained their position on Tuesday as hopes for a US-Iran deal faded, hampered by President Trump's stringent demands that are...

Iran is not currently discussing details of possible transit fees with Oman as the two countries negotiate a new shipping route through the...

Iran stated the Strait of Hormuz will not reopen until the US halts its naval blockade. Foreign Ministry spokesperson Esmaeil Baghaei attri...

Iran and Oman are developing new mechanisms to monitor shipping safety through the Strait of Hormuz. Discussions between Tehran and Muscat ...

Oil prices climbed Monday as Strait of Hormuz reopening remained uncertain. Iran stated a deal with Oman was nearing completion for new shi...

Iran is not currently engaged in direct negotiations with the United States, while messages between the two sides are being exchanged throu...

Iran's Revolutionary Guards will not reopen the Strait of Hormuz until its conditions are met. These demands include compensation for war d...

Iran and Oman are nearing a deal for a new shipping route through the Strait of Hormuz. This agreement is seen as vital for ending the ongo...

US-Iran war news: The United States is pushing for secure passage for commercial vessels through the Strait of Hormuz. Meanwhile, Iran and ...

The United States imposed sanctions on six entities and one individual linked to Iran's digital asset network. These measures followed Iran...

A proposed Iran-Oman deal for Strait of Hormuz control faces significant challenges. U.S. sanctions and restrictive insurance clauses imped...