Oman abandons joint fee plan with Iran for Hormuz passage - Media
Oman has effectively halted negotiations with Iran over the Strait of Hormuz following US threats, The New York Post reports
Oman has effectively halted negotiations with Iran over the Strait of Hormuz following US threats, The New York Post reports
The US president has announced that oil volumes passing through the Strait of Hormuz have returned to 18 million barrels per day.
Jebel Ali, the largest shipping hub in the Middle East, has come under its most serious strain in decades amid the blockade of the Strait of Hormuz, the Financial Times reported.
U.S. Central Command (CENTCOM) said Washington is continuing its blockade against Iran, redirecting 86 commercial vessels as of September 3.
Two tankers attempting to transit the Strait of Hormuz without Iran’s approval struck mines and caught fire, the press service of the Islamic Revolutionary Guard Corps (IRGC), an elite unit of Iran’s armed forces, said.
Oil prices moved higher for a third consecutive session on Wednesday, although they reduced earlier gains as investors monitored renewed military exchanges between the U.S. and Iran and their potential implications for Middle Eastern crude supplies.
U.S. Central Command issued a statement more than four hours after these strikes commenced, saying that the latest wave against Iranian military targets that were hit by the United States is now complete.
More than five explosions were recorded on Iran's Qeshm Island, Press TV reported, while four others were heard earlier in the Strait of Hormuz.
Brent crude rose above $92 per barrel on Monday, extending gains from the previous session amid renewed hostilities in the Middle East.
U.S. actions in the Middle East remain the sole factor destabilizing the situation around the Strait of Hormuz, the Iranian Foreign Ministry said.
A supertanker hit mines after trying to use an "illegal route" in the southern part of the Strait of Hormuz, Fars reported, citing a statement from the naval forces of Iran’s Islamic Revolutionary Guard Corps (IRGC).
Iran attacked U.S. military targets in the Middle East on Monday in retaliation for the first American strikes on its territory in a month, in a fresh flare-up of the war that has engulfed the region.
U.S. Central Command (CENTCOM) said its forces “took limited, precise action against IRGC minelaying forces posing an imminent threat in the Strait of Hormuz” in its attack on Larak Island.
Klingbeil said he considers the US authorities’ provocation of a war with Iran and the blockade of the Strait of Hormuz to be irresponsible behavior
Conditions have now been created to take relations between Iran and Azerbaijan to a new level, Iranian President Masoud Pezeshkian said in an interview with IRIB.
Just 11 actual mines were among over 200 mine-like objects located by the U.S. military in the Strait of Hormuz, Axios has reported, citing U.S. officials.
All mines previously laid by the IRGC in the Strait of Hormuz have been cleared and shipping lanes are now safe, CENTCOM reported
Tehran and Doha have discussed the regional situation, de‑escalation efforts, and shipping in the Strait of Hormuz.
The United States’ allies believe that there are likely still mines in the Strait of Hormuz, despite Washington’s claims to the contrary, according to Bloomberg.
Iran and Oman have reached an agreement to share shipping revenues from the Strait of Hormuz, Islamic Revolutionary Guard Corps (IRGC) spokesman Hossein Mohebbi said.