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2026August › 11

Strait

3 days ago

Despite risks in the Strait of Hormuz and Black Sea, seafarers from the Philippines are still competing for jobs.
U.S. President Donald Trump has claimed that the U.S. Navy has "100%" control of the Strait of Hormuz. Markets don't think so.
Donald Trump has hit back at Tehran's conditions for reopening the Strait of Hormuz, insisting Iran must first compensate the United States for decades of regime-backed attacks.

US president demands compensation for damage incurred by US, complicating standoff with Tehran

Jefferies analyst Mohit Kumar said:

We are back to the situation where there is no war ongoing, but the St…

Oil traders keep clinging to hope that the Strait of Hormuz will reopen. That won't last forever.

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