Strait of Hormuz Traffic Dips Near Three-Month Low
Ship traffic through the Strait of Hormuz dropped to a five-day average of just 13 vessels on Tuesday, hovering near a three-month low as negotiations between … Read more
Strait of Hormuz
Gulf Oil Nations Fast-Track Pipelines to Bypass Strait of Hormuz Crisis
Following months of blockades and renewed conflict in Iran that pushed Brent crude to 100 dollars a barrel, Gulf oil-producing nations are rapidly advancing at least … Read more
US Inflation Eases to 3.4% in July as Gas and Grocery Prices Decline
U.S. annual inflation cooled to 3.4% in July, matching market expectations as gasoline and grocery prices dipped. American consumer prices rose at a slower pace in … Read more
Trump Claims Total Control of Strait of Hormuz Amid Plummeting Transit
President Donald Trump insisted on August 12, 2026, that the United States maintains total control over the Strait of Hormuz amid falling transit numbers and stalled … Read more
US Targets Iranian-Bound Ship in Gulf of Oman
The U.S. military targeted a Panamanian-flagged ship in the Gulf of Oman on Tuesday, marking the third use of force since reinstating its blockade on Iranian … Read more
US Stock Market Edges Down as Oil Prices Rise Amid Hormuz Uncertainty
U.S. stock index futures traded mostly flat as investors closely monitored developments surrounding a potential agreement to reopen the Strait of Hormuz. S&P 500 futures edged … Read more
U.S. Stocks Edge Back From Record Highs as Oil Prices Climb on Iran Tensions
U.S. stocks pulled back from record highs on Monday as rising oil prices and persistent uncertainties surrounding the U.S. conflict with Iran weighed on major indexes. … Read more
Wall Street Slips as Strait of Hormuz Hopes Fade and Crude Surges
Wall Street closed lower as hopes for reopening the Strait of Hormuz faded following new demands from Iran and fresh attacks on oil tankers. The S&P … Read more
Trump Claims Control of Strait of Hormuz as Iran and Oman Seek Accord
President Donald Trump announced that the United States military has seized control of the Strait of Hormuz and cleared it of Iranian mines, while Oman and … Read more
Strait of Hormuz Closure Risks Global Biological Invasion via Ship Hulls
The extended closure of the Strait of Hormuz has left roughly 1,500 large commercial vessels immobilized in the Persian Gulf. International marine biologists warn that this … Read more
Oil Prices Rise as Iran Ties Strait of Hormuz Reopening to US Concessions
Brent crude prices climbed more than 1 percent on Monday as Iran insisted the Strait of Hormuz will not reopen without major U.S. concessions, including war … Read more
Dollar Gains as Oil Prices Rise on Geopolitical Fears
The U.S. dollar climbed from a two-month low as oil prices rose on Middle East tensions and investors awaited key inflation data, with markets weighing the … Read more