Oil prices fall as Middle East exports rise and G7 plans reserve release
Brent closed at $100.32 a barrel on October 5 as higher Middle Eastern exports and a planned emergency reserve release eased supply pressure. Risks to regional oil flows…
Strait of Hormuz
Trump says Iran decision is coming as US maintains blockade
US President Donald Trump has not explained his next step on Iran. His announcement comes as US officials defend the continuing blockade and acknowledge risks to Gulf…
Iran says Hormuz will stay closed until US meets seven conditions
Iran’s parliament speaker said on October 4 that reopening the strategic waterway depends on Washington meeting Tehran’s demands. Iran’s foreign minister said an…
Trump predicts Iran war could end after elections and oil prices could fall
Speaking at a rally in Mobile, Alabama, the US president forecast a sharp drop in oil prices once the conflict ends, while reports described discussions about renewed…
Iran war continues as Hormuz blockade disrupts oil shipping
The conflict that began with U.S.-Israeli strikes on February 28 has continued despite diplomatic efforts, while Iran’s closure of the Strait of Hormuz has unsettled…
Iran-Hormuz tensions rise after reported strike injures eight U.S. Marines
A reported September 14 missile strike injured eight U.S. Marines aboard a Pentagon-chartered vessel in the Strait of Hormuz. The incident comes as Iran tightens…
Iran’s IRGC urges U.S. voters to reject Trump policies
The Revolutionary Guard has appealed directly to Americans as the conflict with Washington continues, calling for dialogue and saying Iran would consider peaceful…
Trump says US is nearing victory in conflict with Iran
President Donald Trump said the United States was nearing victory in its conflict with Iran and predicted that Tehran would eventually give up, while Iranian officials…