Iran war keeps Strait of Hormuz paralyzed and oil prices over $100
Iran war could escalate further as Trump threatens to hit key oil infrastructure if Tehran doesn't drop its chokehold on the Strait of Hormuz.
Iran war could escalate further as Trump threatens to hit key oil infrastructure if Tehran doesn't drop its chokehold on the Strait of Hormuz. Grouped from 22 articles across 10 sources.
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Iran war could escalate further as Trump threatens to hit key oil infrastructure if Tehran doesn't drop its chokehold on the Strait of Hormuz.
Brent crude tops $106 a barrel as markets see no end in sight to the halt of traffic through the critical waterway.
Pressure grows on the US president's administration as war costs spiral and the mission's endgame remains unclear.
US president calls on China, France, Japan and the UK to send vessels after US strikes Kharg Island oil facilities Middle East crisis – live updates Iran threatened on Saturday to further escalate the war raging in the Middle East by targeting any facility in the region with US ties, after Donald Trump predicted “many countries” would send warships to support a US bid to reopen by force the strait of Hormuz, a critical waterway closed to virtually all maritime traffic by Tehran since the beginning of the war. Iran has responded to the joint US-Israeli offensive, which is entering its third week, with daily attacks on oil and other infrastructure around the Gulf region, as well as against Israel. Continue reading...
The economic risks of the war in Iran are getting real for Americans at home. Stock markets ended the week down again as the conflict dragged on. This as U.S. crude oil costs are pumped up. Andres Gutierrez has more on the energy shock.
President Trump said in a Truth Social post that he directed U.S. Central Command to execute a bombing raid that "obliterated" military targets on Kharg Island.
As the United States continues to intensify its war against Iran, the transit of oil through the Strait of Hormuz is still choked off – and the ramifications are being felt around the world. CBS News national security correspondent David Martin talks with Retired General Frank McKenzie about the hazards facing American ships; and how long it might take the U.S. Navy to open the Strait, a vital shipping channel through which one-fifth of the world's oil flows.
U.S. crude oil passed $100 per barrel Sunday, continuing its surge despite efforts by the Trump administration and allied countries to slow rising prices.
EU foreign ministers meeting in Brussels on Monday are set to discuss extending the bloc's naval mission Aspides to the Strait of Hormuz, as the Iran war pushed global energy prices up. Over the weekend, US President Trump called on several countries to send ships to secure the passage.
The biggest US ETF linked to crude prices has seen record inflows as oil market has ‘meme’ moment
Tehran wants ceasefire but terms ‘not good enough yet’, US president claims, as both sides launch new waves of strikes Middle East crisis – live updates Donald Trump has warned he is not ready to seek a deal to end the US-Israeli offensive against Iran, saying that though he thought Tehran was keen to negotiate a ceasefire, the US would fight on for better terms. Trump’s comments came as Iran launched fresh missile and drone attacks on countries in the Gulf and on Israel, and Israeli and US warplanes launched new waves of strikes on Iran. Continue reading...
US president urges naval coalition as Iran says Strait of Hormuz closed to 'tankers and ships of enemies' during war.
Iran said it has evidence that US bases on its Arab neighbours were being used to launch attacks.
Experts query ‘mix-up of priorities’ as president plays golf, posts old pictures and repeats details of Bill Maher feud More than two weeks into the US-Israel war on Iran, and the conflict appears at risk of spiraling out of control. Back home, Donald Trump’s behavior also appears chaotic. A foreign conflict typically brings somber reflection from leaders: in Trump’s case, it has brought a stream of behavior that has defied norms and raised eyebrows over his state of mind. Continue reading...
Russian leaders told President Trump they aren't sharing intelligence with Iran as it fights the U.S. and Israel, special envoy Steve Witkoff said this week.
The email solicitation to benefit Trump’s PAC also offers donors “private national security briefings.”
Patrick De Haan, GasBuddy's Head of Petroleum Analysis, on "Bloomberg This Weekend" predicts gas prices will continue rising as demand increases this spring. (Source: Bloomberg)
The US president stopped short of outlining satisfactory peace terms. Meanwhile, Iran has continued to strike Gulf countries, threatening to widen attacks if Washington targets Iranian energy infrastructure. Follow DW.
Iran has allowed some Indian vessels through the Strait of Hormuz.
A member of Iran’s Expediency Council says the Strait of Hormuz will remain closed to US ships.
Secretary-General Arsenio Dominguez, of the UN's International Maritime Organization, tells "Bloomberg This Weekend" that more than a dozen ships have been damaged during the US-Iran War, with many more trapped without fresh food and water. (Source: Bloomberg)
Online influencers who helped build Trump’s 2024 coalition are trashing the war with a mix of isolationist and anti‑Israel themes.
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Trump's comments come after he called on several countries to send warships so as to secure the critical waterway Grouped from 17 articles across 12 sources.
Trump's decision to order strikes on Kharg Island has pushed one of the world's most critical oil hubs into the center of the escalating U.S.-Iran conflict. Grouped from 11 articles across 8 sources.
Grouped from 2 articles across 2 sources.
Australia will not be sending a navy ship to the Strait of Hormuz to protect oil-carrying vessels from Iranian attacks, the transport minister says. Follow live. Grouped from 6 articles across 4 sources.
President Donald Trump voices frustration at the lack of help from allies in supporting tankers through the Strait of Hormuz. Grouped from 3 articles across 3 sources.
Closing the Strait of Hormuz raised oil prices. It also raises the cost of bread. Grouped from 2 articles across 2 sources.