Tanker prices soar amid Strait of Hormuz crisis - media
Oil tanker prices have climbed to their highest since 2008 amid rising demand triggered by the Middle East escalation.
Oil tanker prices have climbed to their highest since 2008 amid rising demand triggered by the Middle East escalation.
Qatar’s Foreign Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani said traffic in the Strait of Hormuz must go back to what it was before the U.S.-Israeli war on Iran, with no party to the conflict “blackmailing” the other.
The U.S. army has organized the covert transport of millions of barrels of oil through the Strait of Hormuz without coordination with the Iranian authorities, Axios reported, citing sources.
U.S. President Donald Trump has announced an unprecedented "economic warfare and isolation" against Iran.
Iranian officials have weighed the possibility of targeting U.S. military assets based in Europe, the Financial Times reported Wednesday.
Iranian Foreign Ministry spokesman Esmaeil Baghaei rejected a statement by the United Arab Emirates that two ballistic missiles were launched on Tuesday from Iran toward the UAE.
Iran wants a permanent end to fighting in the Persian Gulf region, not just a temporary ceasefire, Iranian Foreign Minister Abbas Araghchi said.
U.S. Secretary of State Marco Rubio spoke by phone Tuesday with United Arab Emirates (UAE) National Security Adviser Sheikh Tahnoon bin Zayed Al Nahyan about regional security, the U.S. State Department said.
U.S. President Donald Trump has instructed U.S. administration officials to halt negotiations with Iran, CNN reported, citing a U.S. official.
The growing U.S. pressure on Tehran will not force the Islamic Republic to make additional concessions other than those stipulated by the previously signed agreement, speaker of Iran’s parliament Mohammad Bagher Ghalibaf said.
U.S. President Donald Trump threatened Oman because he is angry about the fact that the sultanate is close to reaching an agreement with Iran regarding the Strait of Hormuz, Associated Press reported citing sources.
The United States is looking at reducing its military presence in the Middle East after the war with Iran, The Washington Post reported, citing sources in the U.S. administration.
Iran will soon dispel U.S. President Donald Trump’s misconceptions, who called the Strait of Hormuz the territory of the United States, the Islamic Republic’s Deputy Foreign Minister for Legal and International Affairs Kazem Gharibabadi said.
The Houthis from Yemen's rebel Ansar Allah movement carried out a drone strike on a Jazan oil refinery belonging to the Saudi state-owned company Saudi Aramco, the rebel-controlled SABA news agency reported, citing a military source.
Israel must fully take over the Gaza Strip, establish its military rule there and begin setting up Jewish communities in the Palestinian enclave, Israeli Finance Minister Bezalel Smotrich said.
Turkish Foreign Minister Hakan Fidan spoke Monday by phone with his Iranian counterpart Abbas Araghchi, according to Turkish Foreign Ministry sources.
U.S. President Donald Trump said that he is not seeking to extend the memorandum of understanding with Iran.
Spokesman for the Islamic Revolutionary Guard Corps (IRGC) Hossein Mohebi denied statements by U.S. President Donald Trump about the existence of unofficial communication channels between the IRGC and the United States, according to Tasnim news agency.
The negotiation process between Iran and Oman to reach an agreement on security in the Strait of Hormuz has been held up by the U.S. and Israel and their attempts to interfere in the process, Iranian Foreign Ministry Spokesman Esmail Baghaei said.
An agreement has been reached to extend a 60-day ceasefire between the United States and Iran, Al Arabiya reported.