Tag: Strait of Hormuz
U.S. Attacks Island in Strait of Hormuz; Iran Retaliates With Missile Fire
The exchange on Sunday was the first known military action between the two nations in a month, raising the risk of a renewed round of fighting.
How 6 Months of War in Iran Jolted Oil, Gas, Stocks and More
How markets have moved six months into the war, and where they might be headed in the future.
Why These Giant Storage Tanks Increasingly Hold Very Little Oil
Oil companies and governments are consuming their once vast stockpiles as Iran and the United States continue to struggle for control over the Strait of Hormuz.
Why Many Iranians Are Losing Hope After Six Months of War
Iranians have become increasingly desperate, as they grapple with an economic crisis made worse by the conflict and grow increasingly skeptical about President Trump’s motives.
Qatari Prime Minister Travels to Tehran as Iran War Nears Six-Month Mark
Sheikh Mohammed bin Abdulrahman Al Thani has been a key mediator in the conflict, even as his country has blamed Tehran for hundreds of missile and drone attacks.
Iran War Weighs on Virginia Beach Voters in Key House Race
The conflict with Iran is uniquely salient to the Virginia Beach voters deciding which party will win a critical House contest.
Diesel Price Nears Record High, Helping Oil Companies and Hurting Consumers
The cost of the fuel, used in farm machinery, trucks and other heavy equipment, has surged because of the war in Iran and Ukrainian attacks on Russian refineries.
Soaring Diesel Prices Are Helping Oil Companies and Hurting Consumers
The cost of the fuel, used in farm machinery, trucks and other heavy equipment, has surged because of the war in Iran and Ukrainian attacks on Russian refineries.
An ‘Economic D-Day’ That Must Overcome a Troubled History
The U.S. has spent 20 years promising ‘crippling sanctions’ on Iran. But the latest effort comes with a reverse twist, after military action failed to accomplish President Trump’s goals.
U.S. to Unveil ‘Economic D-Day’ Sanctions Targeting Iran’s Economy
Treasury Secretary Scott Bessent will hold a news conference outlining the new package of measures.