A U.S. blockade of Iran-related shipping has halted Iranian crude oil exports since it was reimposed in mid-July.
Treasury Secretary Scott Bessent last week warned that airlines were possible sanctions targets along with digital assets and the maritime industry.
Iran has targeted U.S. assets and allies in the region throughout the war, including in Jordan several times, killing at least two U.S. military personnel during...
the IRGC navy said on Saturday it targeted three oil tankers travelling unauthorized routes in the strait as well as three additional U.S. vessels in other...
The U.S. has reported 18 military personnel killed and more than 750 wounded.
Before the war began in February, the strait carried roughly one-fifth of global oil and liquefied natural gas shipments.
The U.N.'s International Maritime Organization has reported 70 incidents in the Strait of Hormuz since February 28 that have killed 19 seafarers.
While Iran remains defiant, President Masoud Pezeshkian has also called for a diplomatic solution.
Iraq produced around 4 million barrels of oil per day before the outbreak of the Iran war.
The continuing US-Israeli strikes on Iran, along with Israeli attacks on Lebanon, have reportedly killed thousands of people and displaced millions across the region.
Shipping traffic through the Strait of Hormuz fell to eight vessels on Tuesday, compared with a 10-day average of about 12 vessels, and 130 to 140...
Throughout the conflict, Trump has alternated between threats of escalation and claims that a peace deal is imminent.
On August 2, Trump said he agreed to cancel the attack on Iran "subject to being able to rapidly make a deal".
Asked if there was a deadline for Iran to come to an agreement, Trump declined to answer.
The Saudi crown prince spoke to Trump, a White House official told Reuters, but did not provide details.
Washington launched fresh strikes earlier this month to break Iran's grip on the strait, through which about a fifth of global oil and liquefied natural gas...
Despite the diplomatic push, violence has spread beyond the Gulf.
Some international law experts and world leaders have criticized Trump's threats to target Iranian bridges and power plants as illegal under international law.
U.S. Secretary of State Marco Rubio vowed that the United States would continue to target Iran as long as it attacked global commercial shipping.
The conflict has escalated sharply in recent weeks, with both countries exchanging strikes amid growing tensions over security in the Strait of Hormuz.
| Country | Selling in AFS | |
|---|---|---|
| 1 USD |  | 65.55 |
| 1 EUR |  | 74 |
| 1 PND |  | 86.60 |
| 1 AED |  | 17.19 |
| 1 TRY |  | 1.32 |
| 1000 INR |  | 734 |
| 1000 IRR |  | 0.28 |
| 1000 PKR |  | 226 |
