‘Tehran tollbooth’: what is Iran demanding and what would it mean for oil prices?

Iran’s plan to extract a $2m payment from tankers using the strait of Hormuz could raise costs for years to come A second round of peace talks between the US and Iran has begun amid renewed attacks on oil tankers in the strait of Hormuz and a US blockade on Iranian vessels through the crucial trade route. The future of this narrow waterway – and curbs on Iran’s nuclear programme – are at the centre of the talks after Tehran’s de facto blockade on oil and gas tankers via the strait pushed up e...

By Jillian Ambrose and Tom Knowles

Iran tightens control of Hormuz after US calls off renewed attacks

Iran seized two ships in the Strait of Hormuz as it tightened its grip on ​the strategic waterway after US President Donald Trump announced he was indefinitely calling off attacks, with no sign of peace talks restarting. The status of a two-week-old ceasefire, due to have expired earlier this week, remained unclear.

By FRANCE24

Viking launches comms hub as US tungsten hunt heats up - SMH.com.au

Viking launches comms hub as US tungsten hunt heats up  SMH.com.au

Iran says Strait of Hormuz won’t be reopened as long as US blockade remains - The Straits Times

Iran says Strait of Hormuz won’t be reopened as long as US blockade remains  The Straits Times

Croatia says two nationals on ship seized by Iran in Strait of Hormuz

Two Croatian seafarers are on board the container ship MSC Francesca, which Iran seized while passing through the Strait of Hormuz, the Croatian Fo

S. Korean envoy urges Iran cooperation on Hormuz transit amid tensions

South Korea’s special envoy to the foreign minister met with Iranian Foreign Minister Abbas Araghchi this week to discuss Middle East developments and bilateral issues, Seoul’s Foreign Ministry said Thursday, as tensions continue in the Strait of Hormuz. According to a statement released by Seoul's ministry, special envoy Chung Byung-ha expressed hope for the continued development of bilateral ties, highlighting recent exchanges between Seoul and Tehran. Seoul's Foreign Minister Cho Hyun and Ara

By The Korea Herald

'Inaccurate reports': CENTCOM denies media allegations of ships breaking Hormuz blockade

US Central Command refutes media claims that several ships evaded the Strait of Hormuz blockade, providing details of US military interceptions and orders for vessels to return.

Iran tightens control of Hormuz after US calls off renewed attacks

Iran has not said publicly that it agreed to the US' ceasefire extension and has criticised the maintenance of an American blockade on its sea trade.

Malaysia's diplomatic stand in Middle East conflict well received by Iran and US, says Zahid - The Star

Malaysia's diplomatic stand in Middle East conflict well received by Iran and US, says Zahid  The Star

Experts urge scrutiny over Turkish ammo CEO's past US corruption probe

The CEO of ARCA, a Turkish company building an ammunition factory in Estonia's Põhja-Kiviõli, previously faced corruption suspicions in the US, prompting experts to call for thorough background checks by state authorities.

Iran receives first revenue from Strait of Hormuz tolls, says official

A senior Iranian official confirms Tehran has received its first revenue from tolls imposed on ships passing through the strategic Strait of Hormuz. Read More: https://punchng.com/iran-receives-first-revenue-from-strait-of-hormuz-tolls-says-official/

By Punch Newspapers

Iran receives first revenue from Strait of Hormuz tolls, says official

The Strait of Hormuz, a key energy chokepoint, has become a major flashpoint since the outbreak of the Middle East war on February 28. The post Iran receives first revenue from Strait of Hormuz tolls, says official appeared first on Vanguard News.

By Henry Oduah

It may take up to six months to remove Iranian mines from the Strait of Hormuz, Pentagon estimates

The assessment was presented in a classified briefing to the U.S. Congress, as revealed yesterday, Wednesday, by the Washington Post The post It may take up to six months to remove Iranian mines from the Strait of Hormuz, Pentagon estimates appeared first on ProtoThema English.

By admin

Iran war starting to affect Dutch pension funds' funding ratios

The uncertainty in the financial markets due to the Iran war is starting to affect Dutch pension funds. The funding ratio of the two largest pension funds, ABP and PME, has fallen.

By 88260

Iran says Strait of Hormuz cannot be opened due to ceasefire breaches - Daily Mirror - Sri Lanka

Iran says Strait of Hormuz cannot be opened due to ceasefire breaches  Daily Mirror - Sri Lanka