Tag: Strait of Hormuz
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Oman presents Iran with Gulf-backed plan for voluntary fees to use Hormuz
The proposal aims to restore trade disrupted by the US-Israeli war with Iran and comes amid a pause in fighting between the sides.
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Commentary: China’s building crash helps ease the Hormuz pain
If filling up your car isn’t even more expensive in the coming months, you should thank China’s abandoned building sites, says David Fickling for Bloomberg Opinion.
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Iran says it still controls Hormuz, not seeking talks, after Trump halts bombing
Trump’s decision to suspend the campaign reflected advice from his top brass that the bombing had reached the limits of what it could achieve.
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ASEAN sees progress on South China Sea code, targets year-end conclusion
Maritime security concerns – from the Strait of Hormuz to the South China Sea – emerged as dominant issues at this week’s ASEAN meetings in the Philippines, alongside discussions on energy security and Myanmar.
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UN urges evacuation of 6,000 sailors stranded in Hormuz strait
The International Maritime Organization has said there are at least 6,000 seafarers on hundreds of vessels who are stranded in the Strait of Hormuz, unable to evacuate during the ceasefire.
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Oil prices ease but are set for 10% weekly gain as Trump mulls ‘bigger than ever’ attack on Iran
Oil prices dropped by around 4% on Friday, but remained on track for a weekly jump of 10% as the U.S.-Iran war continued to escalate.
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Commentary: How the US-Iran war will reshape the Gulf
The Iran war has triggered intense debate about America’s role in the region, but the reality is the Gulf has no substitute for the United States, says NUS Middle East Institute chairman Joseph Liow.
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Commentary: Losing control of one strait was bad. Let’s not make it two
A Houthi closure of the Bab el-Mandeb would be a way for Iran to broaden the war against the US beyond the Persian Gulf, says James Stavridis for Bloomberg Opinion.
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Oil prices jump 4% as Rubio says Iran ‘not serious’ about peace talks
Oil prices rose as hopes for a ceasefire in the Middle East faded.
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Allowing Iran control of Hormuz ‘dangerous precedent’, Rubio tells ASEAN
“There is a fundamental principle about freedom of navigation that is threatened,” US Secretary of State Marco Rubio told envoys at a Manila gathering of ASEAN.
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