US calculating Red Sea possible blockade by Houthis - report
Houthi rebels from the Yemen-based Ansar Allah movement may shut down an alternative oil trafficking route through the Red Sea in order to support Iran, CNN reports.
Houthi rebels from the Yemen-based Ansar Allah movement may shut down an alternative oil trafficking route through the Red Sea in order to support Iran, CNN reports.
Iran’s VLCC (Very Large Crude Carrier) supertanker, which is under U.S. sanctions, has crossed the Strait of Hormuz and entered the territorial waters of the Islamic Republic with its positioning device turned on, the Fars agency reported.
The U.S. military said its blockade of Iranian ports has been “fully implemented” and economic trade entering and leaving Iran by sea has been “completely halted”.
He also clarified that only about 10% of all oil purchased by Türkiye passes through the Strait of Hormuz
The potential consequences may be is still unclear, the press secretary emphasized
Saudi Arabia is demanding that the US stop blocking the Strait of Hormuz and return to the negotiating table with Iran, The Wall Street Journal reported, citing sources.
Chinese authorities are demanding the restoration of normal shipping in the Strait of Hormuz and consider the United States’ blockade of it an irresponsible step, Chinese Foreign Ministry spokesman Guo Jiakun said.
Oil prices are likely to hit their peak "in the next few weeks" once ship traffic resumes through the Strait of Hormuz, U.S. Department of Energy Secretary Chris Wright said.
Crude oil production in the major Gulf Arab exporters plunged in March due to the Iran war, according to data released by OPEC.
The UK Maritime Trade Operations (UKMTO) has confirmed receipt of a notice regarding the blockade of the Strait of Hormuz.
Israeli Prime Minister Benjamin Netanyahu said he had had a phone call with U.S. Vice President JD Vance to discuss the results of the talks between the United States and Iran in Pakistan.
EU expenses for imports of energy resources grew by 22 bln euro since the start of the conflict in the Middle East, President of the European Commission Ursula von der Leyen said at a press conference in Brussels.
Russian Presidential Press Secretary Dmitry Peskov commented on the results of the US-Iran talks, which concluded yesterday in Pakistan.
The US military has commenced the blockade of the Strait of Hormuz, fulfilling a commitment made by President Donald Trump the previous day.
Saudi Arabia’s crude sales to China are set to halve next month as the war in the Middle East upends flows and lifts prices.
The United States will carefully re-examine its policy within NATO, U.S. President Donald Trump said.
U.S. Central Command said its forces will begin a blockade on all traffic entering and exiting Iranian ports starting Monday at 10 a.m. ET.
Russian president’s special envoy for investment and economic cooperation with foreign countries and CEO of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev has warned that oil price may surpass $150 per barrel already this week.
U.S. President Donald Trump said the U.S. Navy will begin blockading the Strait of Hormuz “immediately” after peace talks between the U.S. and Iran in Pakistan ended without an agreement.
US President Donald Trump announced via social media that American minesweepers have begun clearing naval mines in the Strait of Hormuz