War & Conflict

Strait Of Hormuz Reopens: Oil Crashes More Than 10% As Iran Truce Hands Global Markets A Jolt Of Relief

Iran Vows It Will Never Surrender as US-Israel War Enters Second Week and Oil Prices Slam the Economy

Tankers are moving again. After weeks of blockade chatter and war premiums, Iran declared the Strait of Hormuz “completely open” and the Trump ceasefire held. Brent cratered double digits, stocks hit new highs, and global trade got its best week of the year.

Strait Of Hormuz Reopens: Oil Crashes More Than 10% As Iran Truce Hands Global Markets A Jolt Of Relief Read More »

U.S. Naval Blockade of Iran Begins Today: Strait of Hormuz Closure Sends Oil Past $102 as Peace Talks Fail

U.S. Naval Blockade of Iran Begins Today Strait of Hormuz Closure Sends Oil Past $102 as Peace Talks Fail

The U.S. Navy began enforcing a complete blockade of Iranian ports on April 13 after weekend peace negotiations collapsed in Islamabad, threatening to close the Strait of Hormuz and sending oil prices past $102 per barrel in the most significant escalation of the six-week conflict.

U.S. Naval Blockade of Iran Begins Today: Strait of Hormuz Closure Sends Oil Past $102 as Peace Talks Fail Read More »