World May 07 Iran creates new agency to control shipping in Strait of Hormuz while reviewing peace deal with U.S. Late in the day, Iranian state media said the country’s armed forces exchanged fire with “the enemy” on Qeshm Island in the Strait of Hormuz.
Economy May 07 Shipping firms are being whipsawed by changing stances and risks as they wait for Hormuz to reopen To pressure Iran, the U.S. Navy is blockading Iran's ports, enforcing the blockade outside the strait in the Gulf of Oman and the Arabian Sea.
World May 07 U.S. military says it responded to Iranian attacks on Navy ships in Strait of Hormuz U.S. Central Command said in a social media post that U.S. forces intercepted “unprovoked Iranian attacks” and responded with self-defense strikes.
World Apr 25 U.S. says it's clearing Iranian mines in latest push to open the Strait of Hormuz Seeking out mines is one of the latest tactics announced by the Trump administration to get traffic moving again through the strait as rising energy prices and wider economic effects pose a political risk.
World Apr 16 Why a U.S. blockade on Iran seems to be working Iran-linked or sanctioned vessels that have left the Persian Gulf through the Strait of Hormuz have stopped or turned around, shipping data firms say. They appear to have jammed or faked their locations in some instances, complicating an uncertain and…
World Apr 08 Iran's proposal to collect tolls in the Strait of Hormuz violates trade norms To end the war with the United States and Israel, Iran is demanding the right to collect tolls in the Strait of Hormuz as a precondition for reopening the waterway vital to world oil supplies.
World Mar 13 U.S. eases some sanctions on Russian oil, but crude prices remain high The move, intended to soothe jittery markets over the disruption of Middle Eastern oil and gas supplies, underlines how the war has boosted Moscow's ability to profit from its energy exports, a pillar of the Kremlin’s budget as it presses its invasion of…
World Feb 23 EU pauses U.S. trade deal as it seeks clarity over Trump's new 15% global tariffs Frustrated European officials pushed Monday for clarification on how U.S. President Donald Trump's declaration of a 15% global tax on imports would affect the trade deal they struck with Trump this summer as EU legislators hit pause on the deal's ratification until they get…
Economy Jan 23 Economic leaders at Davos say global growth is resilient despite trade disruptions by Trump Leading global economic policymakers at the World Economic Forum in Davos urged countries and businesses to filter out the turmoil from a week of clashes with the Trump administration and focus on boosting growth and fighting inequality in a world…
Economy Jan 13 Top central bankers back Fed chair Powell with 'full solidarity' in clash with Trump Central bankers from around the world said Tuesday they “stand in full solidarity” with U.S. Federal Reserve Chair Jerome Powell, after President Donald Trump dramatically escalated his confrontation with the Fed with the Justice Department investigating and threatening criminal charges.