Iran’s Foreign Minister Seyed Abbas Araghchi announced on Friday that the Strait of Hormuz has been fully reopened to commercial shipping following the ceasefire in Lebanon....
Article 38 provides vessels a right of unimpeded "transit passage" through more than 100 straits worldwide, including the Strait of Hormuz.
Speaking at a White House press briefing, Leavitt said any fresh talks would likely be in Pakistan again as it has emerged as the "only mediator"...
For now, cautious optimism over renewed talks is tempered by the reality that one of the world’s most vital shipping lanes remains under unprecedented strain.
Trump said that talks had hit a roadblock related to nuclear issues and that a "blockade" of ships transiting the Strait of Hormuz had begun.
NATO allies including the United Kingdom and France have refused to join a U.S.-led plan to blockade the Strait of Hormuz, instead calling for a diplomatic...
Additional information will be provided to commercial mariners through a formal notice before the blockade starts, CENTCOM added.
A senior U.S. official has rejected claims made by Iranian source regarding the release of Tehran’s frozen assets.
The Iranian delegation, led by parliamentary Speaker Mohammad Baqer Qalibaf and Foreign Minister Abbas Araqchi, arrived on Friday.
For the whole of 2026, Russia has budgeted for 7.9 trillion roubles from the mineral extraction tax.
Khalilzad described these steps as positive, adding that the US president had reportedly agreed to delay a previously threatened escalation.
The ceasefire could be extended if additional time was required for talks, the report said.
State-run Press TV shared images on Telegram purportedly showing wreckage from the downed plane.
US President Donald Trump again on Tuesday lashed out at allies urging those affected by fuel shortages to secure their own supplies or buy from the...
Turkish Foreign Minister Hakan Fidan said the meeting would seek to establish a mechanism aimed at de-escalation.
The ministers also reiterated the need to restore safe and toll-free freedom of navigation in the Strait of Hormuz.
Iranian attacks have effectively closed the Strait, which carries a fifth of global oil and liquefied natural gas.
The threat of Iranian attacks during the U.S.-Israeli war on Iran has kept most ships from getting through the narrow strait, the conduit for around a...
Asian markets were in a wary mood on Monday as the Gulf hostilities kept oil prices elevated. Brent rose 0.1% to $103.27 a barrel, while U.S....
The war's impact on global oil markets has significantly increased the cost for the United States.