Tag: Iran

Tanker Struck in Strait of Hormuz as Traffic Plunges 95 Percent

An oil tanker was hit in the Strait of Hormuz on Wednesday as shipping through the corridor fell about 95 percent, driving up insurance and freight costs.

Bessent Warns of New Iran Sanctions After US Strikes on Larak Island

Treasury Secretary Scott Bessent said Washington is weighing additional sanctions on Iran after renewed US strikes on Larak Island and Iranian retaliation.

US Strikes Two Iranian Launchers on Larak Island, First Attack Since July

US forces struck two Iranian rocket launchers on Larak Island on Sunday, the first known American attack on Iran since late July, near the Strait of Hormuz

Six Months of US-Israel War on Iran Reshapes Global Markets

The US-Israel war on Iran passed its six-month mark on August 28, leaving a heavy human toll and lasting disruption across global energy and financial mark

Iran Admits War With US Cut Foreign Trade by 35%

Iran's president said foreign trade fell 35% under US sanctions and blockade, as the supreme leader urged action on economic hardship.

Iran Ties Strait of Hormuz Reopening to End of Regional Wars

Iran said on Thursday it would set conditions to reopen the Strait of Hormuz, linking the move to an end to fighting in Gaza, Lebanon and Syria.

Iran and Oman Agree Hormuz Route Six Months Into War With US

Iran and Oman agreed on Monday to a temporary Strait of Hormuz route, six months after US and Israeli strikes opened a war that has reshaped the Middle Eas

Qatar’s PM Visits Tehran as US Navy Budget Strains Under Iran War

Qatar's prime minister held Hormuz talks in Tehran on Wednesday as new reporting revealed the US Navy shifting funds to cover Iran war costs.

Iran and Oman Discuss Joint Shipping Lane Through Strait of Hormuz

Iran and Oman opened talks Tuesday on a jointly managed shipping route and mine-clearing mission through the Strait of Hormuz.

Trump Unveils Global Sanctions Plan to Isolate Iran, Warns China

The Trump administration announced a plan to isolate Iran's economy with secondary sanctions, signaling that China would not be exempt.

Trump Rules Out Iran Talks, Lifting Oil and Sinking US Stocks

US stocks opened lower on Tuesday after Trump said no Iran talks were scheduled, lifting oil prices and Treasury yields amid the Hormuz standoff.

Iran-Linked Hackers Shut Down UK Power Plant in Cyberattack

The UK government confirmed on Sunday that Iran-linked hackers forced a small power plant offline, though officials said the national grid faced no risk.

Iran Warns New US Sanctions Violate Other States’ Sovereignty

Iran denounced proposed US sanctions on Thursday as a violation of other states' sovereignty, while Treasury Secretary Scott Bessent defended the measures.

US Tightens Iran Sanctions as Tehran Families Cut Food and Medicine

US sanctions and a naval blockade are squeezing Iran's economy as JD Vance defends the pressure campaign nearly six months into the war.

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