Iran’s new supreme leader said the Strait of Hormuz should remain shut and Tehran will look to open other fronts in the war if the US and Israel persist with their attacks.

Mine fears and Iran war disruptions have stalled tanker traffic in the Strait of Hormuz, rattling oil markets and energy supply.

In his first public statement, supreme leader Mojtaba Khamenei said Iran should use choking off Hormuz as leverage, while the IEA says the conflict is unleashing the largest oil supply disruption in history.

DUBAI, United Arab Emirates (AP) — Attacks on commercial ships in the Persian Gulf continued on Wednesday, as global energy concerns mounted and the Strait of Hormuz, a key passageway for oil shipping, remained effectively closed. The attacks came as the ...

Iran's threat to close the Strait of Hormuz has halted shipments, raised oil prices and increased risks of global supply delays.

More than 50 crew members were rescued after two oil tankers were attacked in Iraq’s territorial waters, port official Farhan al-Fartousi said. All 51 workers survived, though one Indian crew member was killed. Iran’s Revolutionary Guards claimed responsibility, saying they struck a Marshall Islands-flagged vessel they alleged was US-owned.

The ongoing American-Israeli war on Iran, for all its complexity and global effects, boils down to a single question: Who can take the pain the longest? A