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STRAIT OF HORMUZ PROBLEM
The world has an anchovy problemProduction has plummeted by up to 40%, sending fishmeal prices to record highs. This crisis threatens to significantly increase the cost of...- Why are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices gain after renewed US-Iran strikes and Strait of Hormuz disruptionWhy are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices increased after renewed attac...
- Iran's Trump card: The risk premium hasn't gone. It just changed shapeA recent attack on a commercial vessel near the Strait of Hormuz signals a shift from fears of outright war to prolonged uncertainty. Iran'...
- Iran insists on right to control shipping in Strait of Hormuz after ship hit near OmanIran asserted its authority over the Strait of Hormuz, warning Gulf states against aligning with the U.S. This comes after an attack on a s...
- Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Cargo ship attack near Oman lifts crude pricesWhy are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Oil prices gained more than 2% after a ca...
- British military says a cargo ship was hit while moving through the Strait of HormuzIn a worrying development, a cargo ship on a UN-supported journey through the Strait of Hormuz was hit by a projectile, raising alarms as I...
- Trump gets trapped between 'rockets and feathers', squirms for exitUS President Donald Trump has ordered a Justice Department investigation into major oil companies, accusing them of keeping gasoline prices...
- Trump says he would 'cancel meetings' with Iran if they deny IAEA nuclear inspectionsPresident Trump declared he would halt technical talks with Iran if nuclear inspections by the IAEA are denied, asserting Washington has se...
- Hormuz reopening to ease supply chains, strengthen energy security: DovalIndia expressed cautious optimism regarding the US-Iran understanding and the reopening of the Strait of Hormuz, according to National Secu...
- India needs to diversify its sources of energy needs, says NITI vice-chairmanNITI Aayog Vice Chairman Ashok Kumar Lahiri highlighted that the West Asia conflict, though a temporary supply chain issue, underscores Ind...
- India welcomes US-Iran peace deal, NSA Doval says pact brings 'cautious optimism'India's National Security Advisor Ajit Doval expressed cautious optimism regarding the US-Iran MOU, anticipating it will bolster energy sec...
- Iran war triggers global race to build oil reservesVulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...
- US VP JD Vance departs Washington for Iran deal talks in SwitzerlandUS Vice President JD Vance is en route to Switzerland for crucial talks with Iran aimed at solidifying a deal to end the Middle East war. D...
- Hormuz closed again: Will the US-Iran MoU soon sink in the strait?Iran has closed the Strait of Hormuz, citing Israeli actions in Lebanon, a move that plunged a new US-Iran deal into crisis. The agreement ...
- US-Iran deal under immediate strain as fighting flares in LebanonEscalating Israel-Hezbollah clashes in Lebanon are jeopardizing a recently signed Middle East peace deal. Planned US-Iran talks in Switzerl...
- Iran fires drones at commercial ships in Strait of Hormuz: Israeli MediaThe firing took place after the signing of the US-Iran memorandum of understanding (MoU) on Sunday, and the drones were intercepted by the ...
- Iran now has powers to shut Strait of Hormuz at will, US Intel report saysIran can now control the Strait of Hormuz, a critical global waterway. This ability poses a significant threat to global economies. US inte...
- IEA says 'unconditionally' re-opening Hormuz vital to end energy crisisThe head of the International Energy Agency stressed that fully reopening the Strait of Hormuz is crucial for global economic stability. Re...
- US at odds with allies over how easy it is to reopen HormuzGlobal leaders are meeting to discuss the Strait of Hormuz. US President Donald Trump expects it to reopen soon. However, European allies a...
- Oil and gas supplies could take months to return to normal after Iran deal, energy experts sayGlobal oil prices saw a dip following news of an Iran war ceasefire and the reopening of the Strait of Hormuz. However, energy experts caut...
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