7 days ago
The UK and France are not seeking confrontation with Iran in the US-Israeli war Europe largely rejected, say analysts.
Iran can exploit dependence on Hormuz today, but prolonged disruption will erode that leverage
Reports suggest that Tehran is discussing a bill barring US and Israeli vessels from passing the Strait of Hormuz.
The UK and France are not seeking confrontation with Iran in the US-Israeli war Europe largely rejected, say analysts.
China's crude oil imports recorded a smaller decline in July, though the recovery may be short-lived, as the conflict drags on and demand remains soft.
8 days ago
The conflict is broadening across the region, with Gulf energy infrastructure and key shipping chokepoints under renewed threat.
News of Iran's restrictive draft plan for the Strait of Hormuz sent oil prices higher, renewing concerns over supply disruptions.
The US, Iran, and Oman are close to a temporary deal to reopen the Strait of Hormuz
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