Iran insists Strait of Hormuz is open
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Trump said that the US needs “whatever it takes” to reopen the Strait Of Hormuz. Follow Newsweek's latest updates
GULF ATTACKS: Dubai International Airport, the world’s busiest, temporarily suspended flights after a drone attack sparked a fire nearby. New strikes were reported across the region as Iran retaliated, while intense attacks hit Tehran as the war launched by the U.S. and Israel entered its third week.
US President Donald Trump on Sunday called for a coalition of nations to help reopen the strait. He also warned that the US-led NATO defence alliance faced a “very bad” future if its members failed to
Iranian drone attacks temporarily shut Dubai airport and hit a key oil facility in the UAE. Read more at straitstimes.com. Read more at straitstimes.com.
BEIRUT, Lebanon (AP) — Fears of a global energy crisis rose Monday as the war in the Middle East raged on, with more U.S.-Israeli strikes on the Iranian capital and Israel’s bombardment of Lebanon. An Iranian drone strike temporarily shut Dubai’s airport, a crucial global travel hub, underscoring the threats to the world economy.
The Strait of Hormuz is the narrow mouth of the Persian Gulf through which about a fifth of the world's oil passes.
The Islamic Republic has vowed to block the region’s oil exports, saying it would not allow “even a single liter” to be shipped to its enemies.
Gas prices are climbing as the Iran war essentially shuts down shipping through the Strait of Hormuz, a narrow passage off Iran’s coast that serves as a key route for oil and gas from the Persian Gulf.