IRGC navy chief: 'Ready to close Strait of Hormuz' as Iran expands Gulf drills
Iranian Admiral Tangsiri says decision rests with Tehran’s leadership, highlights 24-hour intelligence control over strategic waterway
Iran shuts down Strait of Hormuz for military drill in warning to the world of the damage it can do
The live-fire naval drills are a signal from Iran of the potential fallout to the world economy if the US goes through with threats to attack it, as tensions mount between the two countries.
Meduza
Iran’s attacks on energy infrastructure are driving up oil and gas prices. The chaos may end up benefiting Russia.
Amid the war in the Middle East, Iran has been targeting key energy infrastructure across the region. Tehran is also threatening energy exporters, warning that tankers entering the Strait of Hormuz — a narrow,
OPEC+ boosts oil production after attacks on Iran and throughout region
Eight countries that are part of the OPEC+ oil cartel announced Sunday they will boost production of crude as U.S. and Israeli forces launched a major attack on Iran and the country responded with
Roughly one-fifth of the world's oil moves through the passageway
Oil prices jumped Monday as the widening war in Iran disrupted tanker traffic through the Strait of Hormuz, highlighting how important the passageway is to the world's oil supply.
TradeWinds
Strait of Hormuz closure warnings sounded over ship radios, security experts say
Ship traffic in the Strait of Hormuz is facing disruption and confusion after a major US and Israeli attack on Iran and retaliatory action. US President Donald Trump launched what he called major combat operations against Iran after weeks of military buildup and posturing.