Oil retreats even after Energy Secretary wrongly claims Navy escorted tanker through Strait of Hormuz
The International Energy Agency will hold an extraordinary meeting on Tuesday to discuss a possible release of emergency stockpiles.
‘Maybe on PlayStation’: Iran MP taunts US over tanker escort claim; analyst says Hormuz ‘math’ is on Tehran's side
The controversy began when US Energy Secretary Chris Wright posted on social media that an oil tanker had successfully crossed the Strait of Hormuz under escort by the US Navy.
Live Updates: Vance participates in high-stakes talks with Iran as U.S. Navy ships cross the Strait of Hormuz
Two U.S. Navy destroyers crossed the Strait of Hormuz as U.S. and Iranian negotiators meet for face-to-face negotiations amid a fragile truce.
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With some 2,000 ships stranded, Iran claims it's easing grip on Strait of Hormuz
Iran's Ministry of Foreign Affairs claimed in a letter to the U.N.'s International Maritime Organization (IMO) that the Strait of Hormuz, the critical maritime passage for the oil and shipping trades, is open to "non-hostile" vessels. In the letter, dated ...
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Former Navy secretary: 'No doubt' US could run Strait of Hormuz
Former U.S. Navy Secretary Kenneth Braithwaite said Friday there is “no doubt” that the U.S. Navy could run the Strait of Hormuz, a key passageway for the transport of oil. “There‘s no doubt that the United States Navy could run those straits ...