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STRAIT OF HORMUZ SIGNIFICANCE
UK could have averted US 'trap' in Iran war, says Boris Johnson; calls for India-US-UK coordination over HormuzBoris Johnson has claimed that Britain had the capability to sidestep a potential US trap in Iran. He insisted that UK intelligence should ...- Trump calls Strait of Hormuz ‘American territory’, warns Iran over nuclear armsPresident Trump stated Iran must not obtain nuclear weapons. He also declared the Strait of Hormuz as American territory. Iran rejected the...
- Two vessels with 22 Indians on board hijacked by pirates in Yemen, SomaliaIn a troubling episode, pirates have seized two commercial vessels, leaving 22 Indian nationals on board. The first vessel, an oil tanker w...
- Trump says Kim Jong Un 'didn't like' Biden, Obama but 'likes me'; highlights ties making US, allies safer"I do have a good relationship with Kim Jong Un, as you know, you've seen. He didn't like Biden, he didn't like Obama, he didn't like anybo...
- Oil India vs ONGC vs OMCs: What JM Financial’s $80 Brent call means for oil stocksBrent crude may stay near eighty dollars a barrel for twelve months. Analysts favor Oil India and ONGC due to expected earnings growth. Oil...
- Global Market: European shares flat as Middle East risks weigh; Fed Minutes in focusEuropean shares were largely flat as Middle East tensions kept investors cautious ahead of the Federal Reserve’s July meeting minutes. Gain...
- 'We will correct delusions of this deluded man': Iran hits back at Trump's assertion over Hormuz as 'NEW U.S. Territory'Iran has warned Donald Trump that his claims over the Strait of Hormuz will be corrected. Iranian officials dismissed Trump's assertions as...
- Oil Price Today (August 18): Crude oil crosses $91/barrel amid fading US-Iran peace hopes. What lies ahead?Crude oil prices surged past $91 per barrel on Tuesday, August 18, as peace talks between the US and Iran stalled. With shipping disruption...
- Oil climbs as fading US-Iran peace hopes raise supply risksOil prices climbed as Middle East war peace talks stalled significantly. Iran announced a shift to a fully offensive military posture. The ...
- Global Market Today: Asian shares mixed, dollar dips as Fed hike bets easeThe dollar experienced a decline following disappointing US economic indicators, leading to less anticipation for interest rate hikes. Trea...
- UAE points finger at Iran as two ADNOC ships attacked in Strait of HormuzTwo Abu Dhabi National Oil Company vessels faced attacks in the Strait of Hormuz. The United Arab Emirates accused Iran of carrying out the...
- Oil Price Today (August 11): Crude oil rises to $88 after Trump's compensation demand dents Hormuz opening. Here's whyBrent crude futures were flat at $88 a barrel or 0.35%, while US West Texas Intermediate crude futures stood at $83.50, up 0.40% a barrel. ...
- Oil steadies near one-week highs as US-Iran peace deal hopes dimOil prices maintained their position on Tuesday as hopes for a US-Iran deal faded, hampered by President Trump's stringent demands that are...
- Global Market: European shares hold steady as Hormuz uncertainty keeps oil prices elevatedEuropean shares were broadly flat on Monday as uncertainty over the Strait of Hormuz kept oil prices elevated. Investors awaited key econom...
- Global Market: China bears the brunt of Asia’s crude oil demand cut as Middle East supplies shrinkChina is bearing the brunt of Asia’s crude oil demand slowdown as Middle East supplies shrink following the Iran conflict. Chinese crude im...
- US Iran war: Trump may ditch nuclear deal plan if Tehran reopens HormuzUS President Trump seeks an exit from the Iran war as the conflict continues to escalate. The administration may set aside the nuclear issu...
- Iran Guards say won't reopen Hormuz without US meeting all Tehran's conditionsIran's Revolutionary Guards will not reopen the Strait of Hormuz until its conditions are met. These demands include compensation for war d...
- How the Iran-backed Houthis' claims of deadly attacks are stoking fears of a wider regional conflictYemen's Houthi rebels claimed responsibility for deadly attacks this week. These actions escalated the conflict and raised regional concern...
- Iran weighs fines up to 20%, vessel ban for ‘hostile’ ships in HormuzIran's parliament is reviewing a bill to restrict hostile vessels in the Strait of Hormuz. Violators could face significant fines on their ...
- Brent crude tops $80 per barrel as Hormuz talks, tanker attacks keep supply risks highOil prices climbed as investors tracked Iran-Oman shipping talks and fresh attacks on Saudi oil tankers, raising supply concerns. Brent top...
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