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2026 › June › 06
Strait
19 days ago
Navigation in the Strait of Hormuz, a vital waterway for global oil and gas deliveries, remains sharply reduced.
Oil tanker owners fear market crash after Iran war drove record profits ⊖⊖
Shipowners ploughed windfall into new vessels and are braced for steep drop in rates if Strait of Hormuz reopens
U.S. attacks Iranian sites after Iran launches drones, in latest Gulf flare-up ⊖
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U.S. Central Command said in a post on X that the U.S. then struck Iran's surveillance sites in Goruk and Qeshm Island, which are both on the Strait of Hormuz.
Russia's Sechin says U.S. companies benefit from the closure of the Strait of Hormuz ⊕
The closures of the Strait has rattled global markets, sending oil prices to multi-year highs, stoking global inflation and undermining economic growth.
US and Iran exchange strikes in new threat to shaky ceasefire ⊖⊖
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a story from Financial Times ✅ › Financial Times
Kuwait and Bahrain are attacked as American forces intercept drones launched over Strait of Hormuz
US military says it struck Iranian drones and radar sites ⊖
The drones "posed an immediate threat to regional maritime traffic" in the Strait of Hormuz, US Central Command says.
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