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OIL SPILL STRAIT OF HORMUZ
Iran, US make competing claims over control of Strait of HormuzIran's Basij paramilitary head stated the Strait of Hormuz is under Iranian control. This statement followed US President Donald Trump's as...- Iran-backed Houthi rebels clash with Yemeni government forces and other Mideast developmentsYemeni rebels and government forces engaged in renewed clashes, raising fears of a wider civil war. Houthi rebels attacked government areas...
- Iran says Strait of Hormuz is under its control: Fars news reportThe head of Iran's Basij paramilitary unit has declared that the Strait of Hormuz is firmly under Iranian control, countering US President ...
- Iran calls for environmental safeguards for Strait of Hormuz amid oil pollution along Qeshm Island coastIran's foreign ministry spokesperson highlighted environmental concerns regarding oil pollution. Recent pollution along Qeshm Island shores...
- Oil Price Today (August 13): Crude oil dips below $90 despite Strait of Hormuz deadlock. Here’s whyThe Organisation of Petroleum Exporting Countries cut its forecast for global oil demand growth in 2026 to 580,000 barrels per day in its m...
- Trump says US has 'total control' over Strait of Hormuz, calls naval blockade a 'wall of steel'US President Donald Trump has once again claimed "total control" over the Strait of Hormuz in a Truth Social post, calling the American nav...
- Oil Price Today (August 12): Crude oil reclaims $90 again after fresh attacks on ships. What are experts saying?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...
- Euro zone bond yields rise as oil climbs on Hormuz doubtsBond yields in the Euro zone saw an uptick as oil prices surged, triggered by U.S. President Donald Trump's stance on Iran. The chances for...
- 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...
- Strait of Hormuz to stay shut until US ends naval blockade: Iranian FM spokespersonIran stated the Strait of Hormuz will not reopen until the US halts its naval blockade. Foreign Ministry spokesperson Esmaeil Baghaei attri...
- Oil Price Today (August 10): Crude oil rises to $85 amid Hormuz worries as attacks continue. What are experts saying?Oil prices climbed Monday as Strait of Hormuz reopening remained uncertain. Iran stated a deal with Oman was nearing completion for new shi...
- No direct talks with US, exchange of messages through intermediaries, says Iranian FM AraghchiIran is not currently engaged in direct negotiations with the United States, while messages between the two sides are being exchanged throu...
- Iran says Hormuz deal with Oman close, but strait reopening hinges on US concessionsIran 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 working to establish safe shipping route through Strait of Hormuz, Vance says 'we don't trust' IranUS-Iran war news: The United States is pushing for secure passage for commercial vessels through the Strait of Hormuz. Meanwhile, Iran and ...
- ADNOC confirms one of its vessels targeted by missile while sailing through Strait of HormuzAn ADNOC vessel faced a missile attack while sailing through the Strait of Hormuz. The incident occurred early Saturday morning, August 8, ...
- Iran says Strait of Hormuz reopening depends on US accepting its conditionsIran's Revolutionary Guard stated Strait of Hormuz reopening is conditional on US acceptance. This reopening is not linked to ongoing negot...
- Vessel traffic through Hormuz dwindles this week as markets watch Iran-Oman talksShipping traffic through the Strait of Hormuz has significantly decreased this week. Markets are closely watching Iran and Oman talks for w...
- 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 ...
- Oil slips 5% after US, Iran pause fighting over weekendOil prices experienced a significant five percent decline on Monday. This drop occurred after the United States and Iran paused strikes ove...
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