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2026 › July › 01
Hormuz
7 days ago
Conflict will accelerate shift to renewables and search for alternatives to Strait of Hormuz, energy analysts say.
Ship runs aground in Hormuz as Iran insists on controlling the strait ○
found
Iran's IRGC said the grounding was caused by the vessel straying from its approved corridor. Hormuz control and the Israeli intervention against Hezbollah in Lebanon remain the two main obstacles to …
Iran says it is selling oil at 20% premium as end of U.S. blockade sees 40 million barrels exported ⊖
The ceasefire prompted a surge in crude shipments through the Strait of Hormuz, where traffic had largely ground to a halt during the conflict.
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