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2026March › 12

Hormuz

4 months ago

US launches rescue effort after refuelling aircraft went down ‘in friendly airspace’ over western Iraq
Iran’s UN envoy Amir Saeid Iravani said Tehran will not close the Strait of Hormuz and remains committed to freedom.
Outcomes depend on how quickly oil tankers can return to the Strait of Hormuz, experts said.
A few fertilizer stocks still stand to gain ground amid shipping disruptions, according to Jefferies.
The Strait of Hormuz has been effectively closed to shipping because of the war against Iran by the U.S. and Israel.

The Guardian view on the cost of Trump’s war on Iran: the world’s poor will pay most dearly | Editorial ⊖⊖

The economic fallout of the US-Israeli assault and Tehran’s retaliation is spreading fast, and pushing the most vulnerable towards disaster

Soaring prices at the pump, the scrapping of mortgage deals,…

Six ships have been reportedly attacked in the Gulf in less than 48 hours, bringing the total vessels attacked during the war to 18.
In sharp contradiction to the new Ayatollah Mojtaba Khamenei's statement on Thursday, the Iranian ambassador to the UN told Euronews that Iran does not plan to block or mine the Strait of Hormuz.

Vast release of emergency crude reserves fails to quell mounting fears about supply crunch, rattling markets

  • Middle East crisis – live updates

Oil markets are now facing the “largest supply disruption …

Iran's Mojtaba Khamenei says strait should remain closed as Donald Trump claims US benefits from high oil prices.

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