Strait of Hormuz
Brent crude price jumps 5% after fresh US strikes on Iran
Oil prices surged on Tuesday after the United States launched a fresh wave of strikes on Iran and President Donald Trump vowed to reimpose a naval blockade. International benchmark Brent North Sea crude climbed 5.1 percent to $87.51 a barrel, while the main US benchmark, West Texas Intermediate, ad
Trump Says US Will Take Control of Hormuz, Seeks 20% Security Fee on Cargo
US President Donald Trump said on Monday that the United States would take control of the Strait of Hormuz and charge commercial vessels a 20% security fee based on total cargo, saying the money would cover the cost of maintaining security in the strategic waterway. In a post on Truth Social on Mond
US launches strikes on 80+ Iranian targets near Strait of Hormuz amid funeral
The United States has launched a massive wave of offensive airstrikes against Iranian military targets near the strategic Strait of Hormuz, officials said on Wednesday, significantly escalating tensions as millions of Iranians gather for the multi-day funeral of former Supreme Leader Ali Khamenei.
Flowers and a raised fist: Tehran's Grand Mosalla readies for Khamenei farewell
At the entrance to the vast religious complex where Ayatollah Ali Khamenei's body is set to lie in state from Saturday, dozens were hard at work under an intense heatwave to prepare for the slain supreme leader's grand funeral. Security was on high alert ahead of the start of the funerary activities