The United States says it has seized another tanker linked to Iranian oil shipments. United States military forces have seized another vessel in the Indian Ocean as part of efforts to enforce sanctions on Iran. According to the United States Department of Defense, troops boarded what it described as a “sanctioned stateless vessel” carrying oil…
Tensions in the Strait of Hormuz have escalated after a sharp new warning from Donald Trump. Donald Trump has ordered the United States Navy to “shoot and kill” any boats caught laying mines in the Strait of Hormuz. In a social media post, Trump said there should be “no hesitation” in responding to any vessel…
Iran says it has started collecting shipping tolls in the Strait of Hormuz, a move with major global impact. Iran says the first revenues from newly imposed tolls on ships passing through the Strait of Hormuz have been deposited into the country’s central bank account. According to Iranian state-linked media, Deputy Speaker of Parliament Hamidreza…
Iran says the Strait of Hormuz cannot fully reopen while the US naval blockade and ceasefire disputes continue. Iran has said it is “not possible” to reopen the Strait of Hormuz because of what it called blatant violations of the ceasefire by the United States and Israel. Iran’s chief negotiator, Mohammad Bagher Ghalibaf, said the…
Iran says it has taken control of two cargo ships after new attacks in the Strait of Hormuz. Iran has claimed it seized two cargo vessels in the Strait of Hormuz after three ships were reportedly attacked in one of the world’s most important shipping routes. According to Iranian reports, the Islamic Revolutionary Guard Corps…
Tensions remain high as President Donald Trump pushes for a new deal with Iran before a fragile ceasefire expires. U.S. President Donald Trump has again warned Iran of possible military strikes on key infrastructure, while confirming that American representatives will travel to Islamabad, Pakistan, for a fresh round of peace talks on Monday night. In…
Tensions are rising again as Donald Trump says Iran broke the ceasefire agreement. US President Donald Trump has accused Iran of committing a “serious violation” of the ceasefire, while insisting a peace deal between both sides will still happen. Trump said the agreement would come “one way or another — the nice way or the…
Iran says the Strait of Hormuz has returned to restricted status, deepening tensions with the United States. Iran announced that control of the Strait of Hormuz has “returned to its previous state” after accusing the United States of piracy through its continuing blockade of Iranian ports. The statement came from Iran’s Islamic Revolutionary Guard Corps…
The global economy has lost more than $50 billion worth of oil since the Iran war began nearly 50 days ago. A new report says over 500 million barrels of crude oil and condensate have been removed from the global market since the conflict started in late February, making it one of the biggest energy…
Global markets are watching closely after Iran said the Strait of Hormuz is fully open again. Iran has fully reopened the Strait of Hormuz, according to statements shared by Donald Trump and Iranian officials on Friday. Trump announced the development on social media, saying Iran had declared the waterway open and ready for full commercial…
