Tag: hormuz
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Oil touches over one-week low as pause in attacks brings hope of US and Iran deal
July 28 : Oil prices extended losses on Tuesday, hitting their lowest levels in more than a week as hopes for a resolution to the U.S.-Iran conflict grew and traders continued to assess developments in the Middle East.Brent crude futures were down $2.53, or 2.86 per cent, at $85.83 by 0934 GMT. U.S. West Texa
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Oil touches over one-week low as pause in attacks brings hope of US/Iran deal
July 28 : Oil prices extended losses on Tuesday, hitting their lowest levels in more than a week as hopes for a resolution to the U.S.-Iran conflict grew and traders continued to assess developments in the Middle East.Brent crude futures were down $1.75, or 1.98 per cent, at $86.61 by 0739 GMT, after hitting
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Iran rules out US talks as Hormuz Strait remains closed
Iran has not asked to resume talks with the US, Foreign Ministry spokesperson Esmaeil Baghaei said. He added that the Strait of Hormuz remains closed and that messages are being relayed through mediators. DW has more.
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Saudi Arabia and Houthis trade fire as US fires on tanker in Hormuz Strait
US military says it disabled a tanker that was attempting to evade the American blockade on Iranian ports.
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Iran war’s economic impact
The Iran war and the disruption to shipping through the Strait of Hormuz is making everything from energy and transport to fertilizer and food more expensive.
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US and Iran trade more strikes as fears of escalation mount
It comes as Iran condemned the US plan to use frozen Iranian assets to pay for war damages.
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US strikes on southern Iran infrastructure widen war
The latest US strikes on tunnels, bridges and other infrastructure further inland from the Strait of Hormuz could indicate that Washington is shifting gears in Iran.
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Could Iran become America’s next ‘forever war’?
The ceasefire has collapsed, attacks are escalating and shipping in the Strait of Hormuz remains under threat. Is the US drifting into another open-ended conflict with no clear way out?
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Houthis claim attack on Saudi tankers in Red Sea
The Houthi attacks would be the first in the Red Sea since the Iran-backed group announced a “maritime embargo” against Saudi Arabia.
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US renews strikes on Iran as Trump threatens to attack Pickaxe Mountain
The US president’s threat to target a key Iranian nuclear site came ahead of the 11th consecutive night of attacks.
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