Tag: strait
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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 fighting escalates
Despite a ceasefire, hostilities have resumed as both countries battle over control of the vital Strait of Hormuz waterway.
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Tankers make sharp U-turns after Houthi shipping threat
All of the ships were travelling to or from Saudi ports before changing course, ship-tracking data shows.
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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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Why Iran is risking so much over the Strait of Hormuz
None of the choices facing Iran’s leaders offer a clear path to victory, as the conflict with the US continues.
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US launches fresh strikes on Iran, as Trump warns of retaliation for death of soldiers
The US says the attacks were aimed at degrading Iran’s capabilities to attack ships in the Strait of Hormuz.
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Oil settles 1% higher as hopes of renewed US-Iran negotiations offset Houthi threat
HOUSTON, July 20 : Oil prices settled over 1 per cent higher on Monday after volatile trading through the session, as traders weighed hopes of renewed U.S.-Iran negotiations against Yemen’s Houthis imposition of a naval blockade against Saudi Arabia.The Middle East conflict escalated over the weekend, with th
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Oil steadies as hopes of renewed US-Iran negotiations offset Houthi threat
July 20 : Oil prices were steady on Monday, pulling back from earlier highs as price pressure from hopes of renewed U.S.-Iran negotiations was countered by Yemen’s Houthis declaring a naval blockade against Saudi Arabia.Benchmark prices had earlier touched more than one-month highs on concern over disruption
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Oil reverses as Iranian comments interpreted as chance for fresh negotiations
July 20 : Oil prices reversed early gains on Monday after Iran’s foreign ministry said negotiations with the U.S. could be pursued based on national interests.Benchmark prices had earlier touched more than one-month highs on concern over disruption to shipments through the Strait of Hormuz.Brent crude
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Oil prices extend gains on escalating Middle East hostilities
July 20 : Oil prices rose on Monday to their highest in more than a month, with Brent crude climbing above $90 a barrel as escalating hostilities between the U.S. and Iran restricted oil shipments through the Strait of Hormuz.Brent crude futures were up $1.03, or 1.17 per cent, at $89.13 a barrel by 0751…
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