Why Reopening the Strait of Hormuz Will Be Difficult Without A Deal With Iran
There may be no country better situated geographically than Iran when it comes to bringing an oil-dependent world to its knees.
Freight (Cargo)
Another Tanker Is Attacked Near the Strait of Hormuz
The ship was struck near an Emirati port, in the first such attack in five days. The United Arab Emirates also said it was intercepting Iranian drones and missiles.
Another Tanker Is Attacked Near the Strait of Hormuz
The ship was struck near an Emirati port, in the first such attack in five days. The United Arab Emirates also said it was intercepting Iranian drones and missiles.
Europe Rejects Trump’s Demands for Warships to Reopen the Strait of Hormuz
While some European countries said they were discussing ways to help reopen the Strait of Hormuz, several rejected President Trump’s calls to send warships.
Trump’s Move to Seize Oil Tankers Costs the U.S. Tens of Millions of Dollars
Although President Trump said seizing tankers would be a financial boon, the cost of maintaining just one aging ship has already reached $47 million.
Iran Is Laying Mines in the Strait of Hormuz, U.S. Officials Say
A fifth of the world’s oil passes through the strait, making it a critical choke point in global commerce.
Iran’s Naval Mines: A History of Threats to Persian Gulf Shipping
The U.S. said this week that it attacked 16 Iranian mine-laying vessels near the Strait of Hormuz. In the 1980s, Iranian mines damaged oil tankers and a U.S. Navy warship.
Trump Seeks to Calm Oil and Gas Markets but Says Iran War Will Go On
The president said the U.S. could accompany tankers through the Strait of Hormuz if necessary to keep oil flowing. “We’ve already won in many ways, but we haven’t won enough,” he said.
Sabotage Suspected in Cutting of Undersea Cable, Finnish Police Say
The authorities seized the Fitburg, a cargo ship that was en route from Russia to Israel when it sliced the cable in the Gulf of Finland.
Mexico Train Derailment Kills 13 People
The train was carrying around 250 passengers and crew members on a cross-country route linking the Pacific and the Gulf of Mexico. Nearly 100 people were injured.