Iran says Strait of Hormuz under its control, rejects Trump claims
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Iran says Trump ‘lied’ about US control over Strait of Hormuz
Iran called President Donald Trump's claim that Washington controlled the Strait of Hormuz "lies and fabrications" on Thursday as Ebrahim Zolfaghari, the spokesperson for Iran's central military command, said that the waterway was fully under Tehran's control.
Iran war leaves Iraq running out of money
Because of the blockage of the Strait of Hormuz, Iraq cannot export enough oil to fund the country's huge public sector.
US-Iran talks in deadlock – what’s the latest?
The US and Iran continue their standoff in the Strait of Hormuz as mediators try to coax talks.
Gulf states scramble for Strait of Hormuz alternatives
Saudi Arabia has redirected oil exports away from the Strait of Hormuz, but most Gulf producers still lack a reliable backup option to the world's most important energy choke point.
No oil, no salary: Iraqi state employees are feeling the crunch of the Hormuz blockade
Because of the blockage of the Strait of Hormuz, Iraq cannot export enough oil to fund the country's huge public sector. Protests have already started. Will the Iran war destabilize Iraq again?
Due to the Iran war, Iraq is running out of money
Because of the blockage of the Strait of Hormuz, Iraq cannot export enough oil to fund the country's huge public sector.
As Strait of Hormuz transit drops, Trump again says US has ‘control’
Just eight vessels crossed strait on Tuesday, down from 130 to 140 prior to the war as peace talks stall.
Gulf states scramble for Strait of Hormuz alternative
Saudi Arabia has redirected oil exports away from the Strait of Hormuz, but most Gulf producers still lack a reliable backup option to the world's most important energy choke point.
Iran refutes Trump’s claim to ‘control’ Hormuz: What’s the latest in talks?
Iran says Hormuz stays closed until US meets its demands and changes its 'behaviour' as global energy prices rise.
Pakistan interior minister in Tehran amid talks to reopen Hormuz
Pakistan’s interior minister Mohsin Naqvi has held talks with Iranian Foreign Minister Abbas Araghchi in Tehran.
As the climate breaks down, costs go up: Welcome to 'climateflation'
If you ask an economist why everything is so expensive these days, you will likely get an answer explaining how oil—the lifeblood of the global economy—is currently facing supply bottlenecks in the Strait of Hormuz, thereby driving up global energy prices.