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Iran will begin exporting oil south along its Persian Gulf coast toward the Strait of Hormuz as soon as it completes the Goreh-Jask crude oil pipeline in March 2021, local media reported on Wednesday, citing Petroleum Engineering and Development …
Stinging U.S. sanctions are affecting the commercial preferences of countries
The activities of Moscow and other major international players in the region have intensified
The United Kingdom upholds its commitment to the 2015 nuclear deal with Iran, UK foreign secretary Dominic Raab said at the press conference after his meeting with U.S. secretary of state Mike Pompeo. …
U.S. Energy Secretary Rick Perry and Saudi Arabia Energy Minister Khalid Al-Falih agreed to counter Iran's attempts to "destabilize" the global oil market. Perhaps, it was caused by the …
UN Secretary-General Antonio Guterres stressed the need for "maximum restraint" to prevent further escalation of tensions in the Gulf. Guterres said he has "consistently conveyed a clear message to …
It is about much more than the US and Iran.
Germany’s Vice Chancellor and Finance Minister Olaf Scholz said he was very sceptical about a request by the United States to join a military mission for the Strait of Hormuz. "I’m very sceptical …
The United States asked Germany to join the military mission to safeguard the Strait of Hormuz, according to the U.S. Embassy in Berlin. "We have formally asked Germany to help along with France and the UK to secure the Strait of …
A second UK warship has arrived in the Strait of Hormuz to protect British ships in the strategic waterway, as the Foreign Secretary urged Iran to release a British-flagged tanker it detained there two weeks ago. The Ministry of …
Any positive outcome from the US-China meeting is expected to boost oil prices
Iran’s president has reminded the global community that it should be thankful for Tehran’s work on preserving security in the Persian Gulf and the Strait of Hormuz, while stressing a UK tanker there was seized on legal grounds, RT …
Iran will secure the Strait of Hormuz and not allow any disturbance in shipping in the key oil transport waterway, Iranian Deputy Foreign Minister Abbas Araqchi said during a visit to Paris. "Iran will use its …
Russian Deputy Foreign Minister Mikhail Bogdanov said that Russia has not received any offers from the United States considering Washington's initiative to create an international coalition for patrolling the Strait of …
U.S. Secretary of State Michael Pompeo said that countries from around the world will participate in a coalition that will patrol the Strait of Hormuz to ensure freedom of navigation in the region. "We are working …
Iran's paramilitary Islamic Revolutionary Guards Corps have seized a British-flagged and a Liberian-flagged oil tanker traveling through the Straight of Hormuz on Thursday, Britain's foreign secretary said, in what appeared to be a …
... but books a sharp loss for the week
Iranian Deputy Foreign Minister Abbas Araqchi denied that Iran had lost a drone in the Strait of Hormuz after the United States said that a U.S. Navy ship had "destroyed" an Iranian drone. "We have …
Iranian foreign minister Mohammad Javad Zarif said that Iran is capable of shutting the Strait of Hormuz, but doesn’t want to do it. "We certainly have the ability to do it, but we certainly …
U.N. Secretary-General Antonio Guterres is again calling for "maximum restraint" in the Persian Gulf region and warning all parties that a new confrontation "would be a catastrophe," U.N. deputy spokesman …
