US warns against Iranian control of the Strait of Hormuz as attacks continue US Secretary of State Marco Rubio warns that Iranian control of the Strait of Hormuz would set …
Strait
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Business
UAE Announces Plan to Eliminate Strait of Hormuz Oil Reliance by 2026
by James Bryantby James BryantUAE aims to eliminate oil-sector reliance on Strait of Hormuz by Dec. 31, 2026 UAE Minister Thani Al Zeyoudi announced a push to reduce the country’s oil-sector reliance on the …
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IRGC Warns Bab al-Mandeb Strait Could Be Next Front, Houthis Positioned to Threaten Key Shipping Chokepoint Iran’s IRGC has warned the Bab al-Mandeb Strait could become the next front in …
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Strait of Hormuz blockade reinstated by U.S. pushes oil prices and regional energy risk U.S. reinstates Strait of Hormuz blockade; oil spikes as Iran’s exports plunge. Global reserves at decades …
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Trump Offers Gulf Investment Instead of 20% Strait of Hormuz Transit Fee, Sparking Industry Alarm President Trump says Gulf states can replace proposed 20% Strait of Hormuz transit fee with …
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World
Trump announces 20 percent fee on Strait of Hormuz, defying administration on international law
Trump Announces 20% Strait of Hormuz Toll and Resumes Blockade of Iranian Ports President Trump announces a 20% Strait of Hormuz toll and a blockade of Iranian ports; analysts warn …
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U.S. Proposes Charging Strait of Hormuz Tolls, Sparking Regional and Legal Questions Trump says US will seek payments for guarding the Strait of Hormuz, contradicting top aides and intensifying concerns …
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Strait of Hormuz: Iran Reasserts Control After June Deal as Attacks Disrupt Global Shipping Iran’s renewed attacks in the Strait of Hormuz after a June memorandum have sparked U.S. strikes, …
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Business
Gold falls 1.2% as Strait of Hormuz oil spike revives rate-hike bets
by James Bryantby James BryantGold price falls 1.2% as Strait of Hormuz fears lift oil, revive rate‑hike bets and pressure bullion Gold price falls 1.2% to $4,072.78/oz as Strait of Hormuz concerns drive oil …
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Deal to Reopen Strait of Hormuz Unravels as Iran Reasserts Control June agreement to reopen the Strait of Hormuz collapses after Iranian attacks, prompting U.S. strikes, shipping reroutes and renewed …