Brent crude jumped above $107 a barrel on Monday as escalating Middle East tensions and concerns over disruptions to global energy supplies pushed oil prices higher.
Tehran: Iran’s Islamic Revolutionary Guard Corps (IRGC) said that its naval forces had targeted a US unmanned surface vehicle (USV) in the Strait of Hormuz. In a statement published on its official news outlet Sepah News, the IRGC said the Saildrone Explorer-type USV was on an “aggressive mission” and was struck at the strait’s entrance..
US President Donald Trump has proposed renaming the Strait of Hormuz as the “Trump Strait” while warning Iran that Washington will not allow it to acquire a nuclear weapon amid the ongoing conflict.
US President Donald Trump has predicted that gasoline prices could eventually fall below USD 2 a gallon after what he calls a US victory in the Iran war, even as Brent crude remains near USD 97 amid concerns over supply disruptions.
Iran is preparing to announce a new exclusion zone near the Strait of Hormuz after US strikes on three Iranian oil tankers, further escalating tensions.
Iran's security chief Mohsen Rezaei has rejected Donald Trump's claim that the Strait of Hormuz remains open and announced plans for a new restricted area outside the strategic waterway.
The order of events is the argument. On 28 February, the United States and Israel struck Iran, and Iran's retaliation closed the Strait of Hormuz to most commercial shipping.
Tehran: The navy of Iran’s Islamic Revolution Guard Corps (IRGC) said Saturday it had targeted three oil tankers in the Strait of Hormuz and three US-affiliated vessels elsewhere in retaliation for the US attacks on Iranian tankers earlier in the day. IRGC Warns Vessels Using ‘Unauthorized’ Routes The three tankers that were struck in the.
Despite ceasefire announcements, the war between the US and Iran continues. Gradually, this conflict has come to center on the Strait of Hormuz. Hormuz is the main route through which Gulf countries supply crude oil and natural gas to most countries around the world. This supply is not small, as it accounts for onethird of.
Tehran: Iran’s Islamic Revolutionary Guard Corps (IRGC) said on Monday that it launched a combined missile and drone attack on US air bases in Jordan, describing the strike as retaliation for the US-Israeli aerial attack on Iran’s Larak Island. According to Iran’s Fars news agency, citing an IRGC statement, Iranian forces targeted “technical and maintenance.
Washington: US forces on Sunday struck two Iranian launchers on Larak Island, marking the first known US strike against Iran since late July, according to US Central Command. US Central Command spokesperson Tim Hawkins said the Iranian Revolutionary Guard Corps (IRGC) forces were observed preparing to launch rockets with sea mines into the Strait of.
