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2026 › June › 10

Strait

14 days ago

President Donald Trump welcomed new inflation data showing prices rising 4.2%, saying the numbers were "great." He argued higher energy costs linked to the Iran conflict were temporary and claimed US…
Trump's comments come after Energy Secretary Chris Wright said Tuesday that oil exports through Hormuz are "rising very meaningfully."
Analysts still assume that, despite the continued conflict, a deal will eventually be reached that ends the war and reopens the Strait of Hormuz.
Risky trips under US air cover help to cushion crude prices below $100 a barrel
The US struck several sites in Iran, saying it retaliated against the downing of a US helicopter in the Strait of Hormuz
Analysts say Iran seeks to deter US patrols on the Strait of Hormuz by attacking its assets across the Gulf.

15 days ago

Strikes come after US attacked Iranian ports and islands in the Strait of Hormuz over the downing of a helicopter.
Energy costs climb as Iran war cuts off supply through Strait of Hormuz
Oil prices rose after the U.S. launched military strikes against Iran, raising concerns that renewed clashes may threaten shipping through the Strait of Hormuz.
U.S. Energy Secretary Chris Wright said ship traffic through the Strait of Hormuz was "rising very meaningfully," although he did not provide specific data.

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