Strait of Hormuz Ship Traffic Falls to Lowest Point in a Month After Strikes

Shipping activity plummeted after Iran attacked a ship, setting off U.S. strikes. Little crude oil is being transported through the critical waterway.

By Jenny Gross

UAE Tweaks Offshore Oil Pricing to Support Non-Hormuz Options - Bloomberg.com

UAE Tweaks Offshore Oil Pricing to Support Non-Hormuz Options  Bloomberg.com

US will ‘run’ Strait of Hormuz after strikes with Iran, Trump says

Week of escalating military tensions over the waterway risks reigniting full-scale war

Airstrikes intensify between U.S. and Iran

Iran has claimed control of the Strait of Hormuz and declared it closed, imperiling negotiations that the Iranian Foreign Ministry says are continuing.

By Gerry Shih

Oil price jumps 3% and UK pump prices rise as the US and Iran trade attacks – business live

Brent crude remains below $80 a barrel; European shares push cautiously higher while Asian shares tumble with South Korea’s Kospi down nearly 10% Drinkers across the UK were shocked when a pint in some London bars hit £10, and now a cup of coffee is facing a similar inflationary rate. Some baristas are now charging £6.50 for a flat white. Higher energy bills, inflated by the war in the Middle East, as well as government policies which have increased tax and wages, are filtering through into c...

By Julia Kollewe

Trump has 3 choices to define victory if he wants to beat Iran. None of them are easy

Retaliation is not strategy. As CENTCOM strikes Iranian targets near the Strait of Hormuz, the nuclear question and oil prices remain unresolved.

March to July: What’s different as US-Iran fighting escalates again?

With ceasefire in shambles and both sides exchanging tit-for-tat attacks, is the region again plunging into all-out war?

Trump: U.S. should be reimbursed for guarding Strait of Hormuz

The Strait of Hormuz is a major oil-shipping route and the epicenter of the U.S. and Israel's ongoing war with Iran.

Iran war is no longer a contest over just the Strait of Hormuz

Early on July 12, after Iran declared the Strait of Hormuz closed until further notice and struck a Cyprus-flagged container ship, the United States launched its third round of strikes in a week, hitting some 140 targets. Most were along Iran’s southern coast overlooking the strait – including Bandar Abbas, Sirik, Jask and Qeshm – but one strike days earlier pointed to a different logic. On July 9, US cruise missiles hit the Aq Taqeh Khan bridge in Aq Qala, in the northern province of Golesta...

By Peiman Salehi

Iran: Rising regional power or too weak to make peace?

PRESS REVIEW – Monday, July 13: Papers analyse Iran's strategy against the United States. In Japan, a quiet refuge has emerged for Russian spies. And finally, the story of a dog and its "emotional support duck"...

By Elitsa GADEVA

Oil prices surge as much as 5% after Iran declares Strait of Hormuz is closed

The week is kicking off with fresh spikes for oil prices as the U.S. and Iran continued to exchange attacks.

By Barbara Kollmeyer

Trump says US will reinstate blockade on Strait of Hormuz and impose a 20% fee on all cargo

Andrew Harnik/Getty Images Donald Trump said the US will impose a 20% fee on "all cargo shipped" through the Strait of Hormuz. Trump said that such a fee was needed to cover US costs of a renewed blockade of the Strait. It's unclear how the fee will be administered. President Donald Trump says the US will reinstate a blockade of the Strait of Hormuz and impose a 20% fee "on all cargo shipped" to help pay for it. "The Hormuz Strait is OPEN, and will remain OPEN, with or without Iran," Trump ...

Oil prices jump after weekend US and Iran attacks

Benchmark Brent crude rose 4% to 79 US dollars a barrel as America and Iran both claimed control over the vital Strait of Hormuz.

By Holly Williams

Stock market today: Dow, S&P 500, Nasdaq futures slip as US and Iran exchange fire, oil jumps

'We don't intend to rush': India rejects quick US trade deal, pushes for better terms

By TOI BUSINESS DESK

Fresh US-Iran escalation: Trump says US will ‘take over’ Strait of Hormuz

Why oil prices are rising after US-Iran attacks, Strait of Hormuz fears and Goldman Sachs' $100 warning: Explained

Oil prices surged after fresh US-Iran strikes raised Strait of Hormuz supply fears. Goldman Sachs lifted its oil forecast as global markets turned volatile.

Trump says US will control Strait of Hormuz, get paid for it

We'll become the guardian of the strait. Maybe we'll call it the guardian angel of the strait. And we should be reimbursed for that," he said in a phone interview on Fox News.

"Guardian Angel Of Strait": Trump Plans To Charge 'Fee' For Guarding Hormuz

Trump said the US had effectively been guarding the strait "for nothing" up to now, but that this would change, with wealthy nations expected to pay for the arrangement going forward.

An emboldened India holds out for better terms in US trade talks

India rejected a quick trade agreement with the US in recent talks and is holding out for a better deal as Prime Minister Narendra Modi draws confidence from new trading partners, eased economic risks and political gains at home, officials and analysts said. After months of talks, the two nations failed to finalise an interim trade agreement during US Trade Representative Jamieson Greer’s visit to New Delhi last month, despite expectations from both sides that a limited deal was within reach....

By none@none.com (Reuters)

Trump says US will become 'guardian ⁠of ‌the strait'

President Donald Trump ⁠has said that the United States would probably take over the Strait of Hormuz and should ‌be ⁠reimbursed for controlling the vital waterway.

Trump says the US should control the Strait of Hormuz and get paid for it

"We're going to guard it. We're going to get paid for guarding it - a lot of money," Trump said.

KSE-100 sheds over 1,700 points as US-Iran tensions escalate

Selling started immediately after market opening, with the benchmark index falling down 1,849.37 points by 9:39am

By Our Correspondent

Trump threatens Iran with US takeover, tolling in Strait of Hormuz

President Donald Trump said Monday that the United States would likely take control of the Strait of Hormuz and should be compensated for overseeing the strategic waterway. 'We�...

Dispute Whether Hormuz Is Open Intensifies As Ships Continue Transiting

Dispute Whether Hormuz Is Open Intensifies As Ships Continue Transiting The US and Iran exchanged another round of strikes overnight, extending a weeklong surge in fighting and casting dark clouds of uncertainty over whether the Strait of Hormuz remains open to commercial shipping. US Central Command revealed US forces unleashed air-delivered munitions on dozens of Iranian air-defense systems, coastal radar systems, missile launch sites, and drone capabilities, bringing the week...

By Tyler Durden

Iran attacks Bahrain, Kuwait, Jordan again after US strikes

The US said its latest wave of strikes was in response to an Iranian attack on a vessel in the Strait of Hormuz the previous week. The post Iran attacks Bahrain, Kuwait, Jordan again after US strikes appeared first on Premium Times Nigeria.

By Beloved John

Crude stabilises after US-Iran flare-up rocked peace hopes - The Daily Star

Crude stabilises after US-Iran flare-up rocked peace hopes  The Daily Star

Iran War: What Happens When the US Hits the Limits of Escalation Options?

Today's Iran war news: The current escalatory trajectory is set to lead only to bad outcomes, yet complacency seems widespread.

By Yves Smith

Hormuz tensions: Malaysia assures adequate fuel supply until December, says economy minister

KUALA LUMPUR, July 13 — Malaysia’s fuel supply remains stable and adequate despite fresh strikes from...

By Dhesegaan Bala Krishnan

Iran escalates attacks on US bases in Gulf states, warns of more 'incidents' in strait

The strikes were the latest in a cycle of attacks as Iran seeks to assert control over shipping...

US could take over Strait of Hormuz, seek payment for security – Trump

Donald Trump suggests the US could take over the Strait of Hormuz and demand payment for its security amid escalating tensions with Iran. Read more. Read More: https://punchng.com/us-could-take-over-strait-of-hormuz-seek-payment-for-security-trump/

By Punch Newspapers

Oil prices surge on US-Iran attacks

World oil prices surged Monday as a fresh flare-up between the United States and Iran rattled investors, while a selloff in chipmakers sent South Korea's stock market plunging. The post Oil prices surge on US-Iran attacks appeared first on Vanguard News.

By Ayobami

Europe left with under 30 days of jet fuel reserves as Hormuz tensions resurface

Analysts expect fuel tightness to persist through August as renewed strikes near the Strait of Hormuz threaten a fragile Iran ceasefire, leaving Britain, France and Germany most exposed to further disruption The post Europe left with under 30 days of jet fuel reserves as Hormuz tensions resurface appeared first on ProtoThema English.

By admin

US strikes Iran again, Tehran hits back

The United States and Iran exchanged strikes across the Gulf on Monday as their dispute over the Strait of Hormuz threatened a June agreement intended to curb the war. US forces attacked sites across Iran, while Tehran reported strikes against American-linked military facilities in Jordan, Kuwait, Bahrain and Oman. The attacks marked one of the broadest exchanges since Washington and Tehran signed the Islamabad memorandum on 17 June. Both governments accused the other of breaching the arran...