Tag: Strait of Hormuz
Iran Pledges to Defy Trump’s Economic Sanctions
Analysts say Tehran could intensify the dispute militarily after attempts to squeeze its economy. An Iranian official vowed “not a single drop of oil” would leave the Gulf.
Bessent is expected to announce new measures aimed at isolating Iran.
Treasury Secretary Scott Bessent will hold a news conference outlining the new package of measures.
Iran Warns Gulf States Not to Join Trump’s Economic War
Iran’s new hard-line national security adviser, Mohsen Rezaei, vowed to prevent “a single drop of oil” from leaving the region.
Spike in ‘Dark’ Oil Tankers in Gulf Raises Risk of Catastrophic Spills
More vessels are navigating the Strait of Hormuz with their location devices turned off to evade attacks by Iran, adding to the threat of collisions.
Never Underestimate the Houthis
With Iran exerting influence on the Strait of Hormuz, Houthi attacks on a nearby Red Sea passageway assume even greater importance for the world economy.
As Iran and U.S. Settle Into an Uneasy Standoff, Who Will Blink First?
For weeks, there has been no diplomatic progress, but also no full-scale fighting, as both sides seem to believe they can hold out longer than the other.
How the U.S. Navy Is Helping Get Oil Through the Strait of Hormuz
With Iran making ship traffic perilous, a U.S. operation offers a way out for some energy exports, stealthily shepherding tankers on dangerous journeys.
Trump, With Limited Options in Iran, Tries Economic Pressure — Again
Iran has survived decades of sanctions. Faced with more, it is likely to escalate rather than surrender, analysts said.
The Hidden Reason Gas Prices Are Not Going Down
Gas prices are going to remain high. Don’t blame the price of crude oil. Blame the crack spread.