Brent crude slipped towards $105.6 a barrel amid reports of a possible phased US-Iran agreement that could reopen the Strait of Hormuz and ease supply concerns.
Recently, the world has suddenly seen the flames of war ignite, with both Russia and the United States wishing for peace. Parliamentary elections are underway in Russia. The results are now coming in. Vladimir Putin’s party, United Russia, is expected to once again win a majority of seats in the Duma, the lower house of.
Iran has said it could reopen the Strait of Hormuz within seven days if the United States eases military pressure and lifts its blockade on Iranian ports.
Two crew members were injured after a tanker was struck by an unknown projectile while transiting the Strait of Hormuz, with authorities investigating the incident.
Iran has ruled out reopening the Strait of Hormuz or returning to the previous framework of negotiations with the United States until Washington meets Tehran’s conditions, Iranian Parliament Speaker Mohammad Bagher Ghalibaf said, as tensions between the two countries continue to escalate.
A conflict already threatening the Strait of Hormuz is now putting another crucial waterway in the spotlight — the Bab el-Mandeb. Yemen’s Houthis are escalating attacks on Saudi Arabia, raising fresh concerns over oil and global shipping. With the Strait of Hormuz already severely disrupted, any further pressure on the Red Sea could create another.
Tehran: The navy of Iran’s Islamic Revolutionary Guard Corps (IRGC) said early Friday a “violating” oil tanker that sought “illegal” passage through the Strait of Hormuz was struck the previous night and brought to a halt. In a statement published on the IRGC’s official news outlet Sepah News, the navy said the Togo-flagged oil tanker,.
Two fishing boats were targeted in a drone attack off Iran’s southern coast near Larak Island, with search and rescue operations underway for missing fishermen.
Tehran: The Navy of Iran’s Islamic Revolutionary Guard Corps (IRGC) said that a super oil tanker seeking to cross the Strait of Hormuz via the “forbidden” route south of the waterway exploded and caught fire after hitting naval mines. In a statement on the IRGC’s official news outlet Sepah News, the navy said efforts to.
