French President Emmanuel Macron has called for “all parties” to lift the blockade of the Strait of Hormuz “without delay and conditions” after a telephone talk with Iranian President Masoud
Oil prices surged again, yesterday, as Iran displayed its grip over the Strait of Hormuz with a video of its commandos storming a cargo ship following the collapse of peace
• Attack follows joint missile strike by US, Israel Iran’s Islamic Revolutionary Guard Corps Navy has said it forced at least two vessels back westward out of the Strait of
As of yesterday, the insurance market globally remains in a state of high alert despite a fragile two-week ceasefire between the US/Israel and Iran. According to Argus Media, while Iran
The United States has deployed more than 15 warships to enforce a counter-blockade of the Strait of Hormuz, prompting two China-linked oil tankers to abruptly reverse course amid rising tensions.
The potential closure of the Strait of Hormuz poses a major threat to global oil supply, given its role as the world’s most critical energy transit route. The narrow channel
Escalating tensions involving Iran have heightened risks around the Strait of Hormuz, a vital global shipping lane. With alternative routes now being introduced due to security concerns, disruptions are impacting
The United States (U.S.) Navy blockade of the Strait of Hormuz announced yesterday by President Trump will rely on two aircraft carriers and their associated warships deployed to the region
Iran on Thursday announced alternative shipping routes through the Strait of Hormuz, citing safety concerns over potential sea mines in the main transit channel. The move came as Tehran agreed
Iran’s Islamic Revolutionary Guard Corps (IRGC) has warned of potential sea mines in the Strait of Hormuz, advising vessels to avoid main shipping lanes as tensions continue even with a