Iran says Strait of Hormuz closed again, citing Israeli strikes in Lebanon and US “bad faith”, raising fears over global oil route disruption and escalation.
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Tehran’s closure of key oil chokepoint after US-Israel war triggers global economic concerns
Iran's IRGC warns vessels to avoid the Strait of Hormuz for safety, citing heightened tensions and military confrontations in the…
Iran state TV said an unofficial US-Iran framework proposes restoring Strait of Hormuz shipping and easing regional tensions…
Iran pauses offensive operations after fresh clashes with Israel but warns of severe retaliation if attacks continue, raising…
Crude oil futures drop as Iran and Israel agree to cease attacks, impacting market prices amid ongoing peace negotiations.
IMF and World Bank warn West Asia war is straining energy supplies, impacting vulnerable economies through rising fuel prices.
