Tag: strait
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Is the Strait of Hormuz still Iran’s trump card?
Iran’s latest attacks show it can easily disrupt shipping, energy markets and draw in Gulf neighbors. DW asks how much leverage Tehran really has over Washington and if its high-risk strategy could backfire.
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Traffic through Strait of Hormuz falls steeply after new US-Iran strikes
Data shows a decline in the number of ships – many carrying oil and gas – going through the waterway after attacks this week.
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US launches new strikes on Iran after promising to ‘hit them hard’
Explosions have been reported by Iranian state media in parts of the country’s south.
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Bowen: For all his bluster, Trump has no better option than talks with Iran
The negotiating process is fragile and recent US strikes show how hard it will be to reach agreement, writes BBC’s International Editor Jeremy Bowen.
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Trump says ceasefire is ‘over’ after US and Iran trade strikes
Speaking ahead of a Nato summit, the president says US negotiators can keep talking with the Iranians “if they want”.
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Oil rises to two-week high as US and Iran trade strikes
July 8 : Oil prices gained over 2 per cent on Wednesday, climbing to a two-week high after Iran and the U.S. traded airstrikes and Washington reimposed crude sales sanctions on Tehran, raising fears their fragile truce was unravelling and Middle East supplies could again be disrupted. Brent crude futures ga
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US launches strikes on Iran after tankers hit in Strait of Hormuz
The US Central Command says the strikes are intended to impose “heavy costs” on Iran.
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Oil gains after vessels attacked near Strait of Hormuz
July 7 : Oil prices rose on Tuesday after reports of attacks on vessels near the Strait of Hormuz revived fears of disruptions to shipping through the critical energy transit route.Brent crude futures gained 61 cents, or 0.85 per cent, to $72.60 a barrel, while U.S. West Texas Intermediate crude rose 49 cents
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Oil gains after vessel attacks near Strait of Hormuz
July 7 : Oil prices rose on Tuesday as reports of attacks on vessels near the Strait of Hormuz revived fears of disruptions to shipping through the critical energy transit route.Brent crude futures gained 89 cents, or 1.24 per cent, to $72.88 a barrel, while U.S. West Texas Intermediate crude rose 71 cents, o
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Oil climbs as market monitors US-Iran talks
July 7 : Oil rose on Tuesday as traders’ nervousness about a lack of progress on peace talks between the United States and Iran offset any price impact of a slight recovery in shipping through the Strait of Hormuz.Brent crude futures gained $1.02, or 1.42 per cent, to $73.01 a barrel, while U.S. West Texas…
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