Tag: Strait of Hormuz
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Oil drops, stocks hit records on hopes of Hormuz opening
Oil prices fell to a three-week low after the US said a deal with Iran to reopen the Strait of Hormuz to shipping could be reached “today or tomorrow”.
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Status of US-Iran talks uncertain as ship struck in Hormuz
US President Donald Trump earlier said talks were underway, warning of a “last chance” for Tehran to sign a good deal, but Iran denied that negotiations were being held or planned.
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Commentary: The global oil cushion isn’t really hitting ‘tank bottoms’
As with every financial narrative, the story of the impending oil crisis contains a grain of truth – and ample hogwash, says Javier Blas for Bloomberg Opinion.
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Trump says Iran talks to take place on Monday, sets no deadline for deal
CAIRO: United States President Donald Trump said talks with Iran will happen on Monday (Aug 3) but declined to set a deadline for an agreement after earlier saying he had called off an imminent attack in hopes
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Iran says close to Hormuz deal with Oman, after US suspends attack plan
TEHRAN: Iran on Sunday (Aug 2) said it was nearing a deal with Oman over a new route through the Strait of Hormuz, hours after the US called off major strikes to allow for diplomacy.US President Donald Trump said on Saturday that his country and Israel had agreed to
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Trump says he will hold off on fresh Iran attack in hope of quick deal
Iran warned the US this weekend against any “adventurous action” and said it would retaliate decisively if American forces followed through on Trump’s threats of fresh attacks on Iranian targets.
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Iran threatens to strike other nations’ energy fields if US launches fresh attacks
US attacks on Iranian energy infrastructure would prompt Iranian strikes on oil fields in Saudi Arabia and the UAE, as well as the gas fields of Qatar and Israel, says a media outlet affiliated with Iran’s top security body.
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Commentary: Another critical oil waterway is about to close
The US-Iran war has reminded the world that waterways are vulnerable to war, but there’s another crisis in the making, says Javier Blas for Bloomberg Opinion.
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Mediator Pakistan says US-Iran talks ongoing as foes trade attacks
“Negotiations between parties are ongoing, particularly on (the) Strait of Hormuz and to de-escalate,” says a Pakistani foreign ministry spokesman.
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US military launches ‘powerful’ retaliatory strikes on Iran
US President Donald Trump earlier vowed to hit back hard at Iran after it attacked US bases in Jordan
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