Strait of Hormuz
Iran hits two UAE tankers in Strait of Hormuz as US carries out third night of strikes
Hostilities in the Strait of Hormuz have intensified following attacks on two tankers and the US military's strikes on coastal defense and missile sites. The conflict has caused global oil prices to rise as the US declares a blockade on Iranian ports and proposes a security toll.
Oil hits one-month high as US, Iran step up attacks in Strait of Hormuz
Brent crude surged to its highest level in four weeks following the collapse of a US-Iran ceasefire and renewed attacks on commercial shipping in the Gulf.
US military launches new strikes on Iran and reinstates Strait blockade
President Trump has announced a naval blockade of Iranian ports and a 20% toll on cargo in the Strait of Hormuz amid intensifying military operations and combat. These measures mark a departure from previous U.S. policy regarding free transit in the region.
US resumes blockade of Iranian ports and takes control of Strait of Hormuz
The U.S. military is set to blockade Iranian ports following increased hostilities and a proposed cargo fee for transit through the Strait of Hormuz.
Trump announces US naval blockade of Iran and 20% toll in Hormuz Strait
The United States is implementing a mandatory 20% transit toll and a naval blockade of the Iranian coastline following a collapse in regional ceasefire talks. The move has drawn formal opposition from the International Maritime Organization and caused a rise in oil prices.
Trump declares US control of Strait of Hormuz and reinstates port blockade
The United States has designated itself the 'Guardian of the Hormuz Strait' and announced a new naval blockade and toll system for cargo vessels. The policy follows recent U.S. drone strikes on Iranian facilities and the collapse of a regional memorandum of understanding.
Trump plans US takeover of Strait of Hormuz with 20 percent cargo tax
President Trump has declared a U.S.-led naval blockade of the Strait of Hormuz, announcing a 20 percent cargo levy to fund security operations in the region.
Oil Prices Surge as U.S.-Iran Escalation Rekindles Supply Fears
Brent Crude climbed above $79 per barrel as renewed military escalation between the U.S. and Iran sparked global concerns regarding oil supply security.
US military launches new strikes on Iran as regional attacks escalate
US forces have intensified operations against Iran following the closure of the Strait of Hormuz and retaliatory strikes across the Gulf region. These actions occur as diplomatic efforts to secure the maritime corridor reach a stalemate.
South African rand weakens as Middle East tensions rattle global markets
Heightened geopolitical instability in the Middle East is driving investors away from emerging markets, placing severe inflationary pressure on the South African economy.
Oil Climbs, US Futures Dip on Fresh Iran Strikes: Markets Wrap
Brent crude climbed over 3% following US military strikes and the revocation of Iranian oil sanctions waivers.
US strikes 140 Iranian targets after regime closes Strait of Hormuz
President Donald Trump has ordered massive airstrikes against Iranian assets following the IRGC's closure of the strategic Strait of Hormuz and an attack on a civilian cargo ship.
US and Iran exchange strikes as Tehran again says strait of Hormuz is closed
The US launched strikes on at least 140 Iranian sites following an IRGC attack on a commercial vessel and the closure of the Strait of Hormuz.
US launches retaliatory strikes on Iran after Strait of Hormuz attack
The U.S. military is targeting Iranian maritime and aerial infrastructure in the Strait of Hormuz to secure shipping lanes and leverage diplomatic compliance.
Iran and US trade threats as tensions rise over Strait of Hormuz access
Military skirmishes and conflicting interpretations of the Islamabad Memorandum have stalled peace efforts in the Strait of Hormuz. Iranian leader Mojtaba Khamenei has vowed revenge against the U.S. following recent military strikes.
Trump declares Iran ceasefire over following Strait of Hormuz attacks
President Trump declared the ceasefire over following Iranian attacks on commercial tankers and a subsequent U.S. bombing campaign. Indirect diplomatic talks remain ongoing through mediators in Qatar and Oman.
Mojtaba Khamenei vows US revenge
New Iranian Supreme Leader Mojtaba Khamenei has pledged retaliation for the airstrike killing of his father, Ayatollah Ali Khamenei, further straining ties with the US.
Author calls for federal tax revolt to protest Trump administration policies
A movement rooted in civil disobedience is advocating for tax resistance to protest the lack of congressional authorization for military actions in Iran. Proponents argue that withholding funds is a way to avoid supporting a conflict they deem morally reprehensible.
US demands Iran publicly state that Strait of Hormuz is open
Washington has demanded that Iran guarantee open international transit through the Strait of Hormuz following the collapse of an interim ceasefire. This comes as military strikes and regional hostilities continue to escalate.
US gasoline prices reach $1.09 per liter as oil trades at $76.80 per barrel
Renewed hostilities in the Persian Gulf have heightened global energy security concerns, driving up fuel costs as tanker traffic through the Strait of Hormuz declines.