Why Reopening the Strait of Hormuz Matters for the U.S. Economy
The interconnectedness of global energy markets means that the effects of Iran’s blockade of the waterway are not limited to countries directly dependent on oil from the Middle East.
The interconnectedness of global energy markets means that the effects of Iran’s blockade of the waterway are not limited to countries directly dependent on oil from the Middle East.
Thousands of civilian sailors have been stranded for more than a month in waters surrounded by a conflict zone because of the U.S.-Israeli war on Iran.
Global shipping companies looking for safer routes are turning to the Cape of Good Hope, a much longer, more expensive journey.
Defense Secretary Pete Hegseth and Gen. Dan Caine, the chairman of the Joint Chiefs of Staff, took questions from reporters for the first time in nearly two weeks.
President Trump’s latest outbursts followed reports that European countries were imposing more restrictions on American aircraft in their airspace.
This blog is closed. Follow our new liveblog here.Saudi Arabia’s defence ministry has said it has intercepted and destroyed ten drones over the past hours, and eight missiles launched towards the Riyadh area and the country’s eastern region.Early this …
The attack damaged the hull, the tanker’s owner said. No oil spill was detected, according to the authorities in the United Arab Emirates.
Iran maintained that no negotiations have been held with the United States, and said none would while the fighting continues.