No major commercial vessels passed through the Strait of Hormuz in the past 24 hours as security risks intensified in the region. The development signals a serious disruption in one of the world’s most critical maritime routes. It comes amid rising tensions and reported attacks on commercial shipping in the Gulf. The halt follows escalating […]
global oil supply risk
Iran reports revenue from Hormuz tolls
A senior Iranian parliament official said Tehran has received its first revenue from tolls imposed on shipping through the Strait of Hormuz. The development comes amid ongoing tensions linked to Iran’s conflict with the United States and Israel. The revenue is being viewed as part of Iran’s wartime economic measures. Deputy speaker of parliament Hamidreza […]
Trump says US clearing Hormuz Strait
US President Donald Trump has said American forces are clearing the Strait of Hormuz. The statement matters as it comes amid rising tensions between the United States and Iran. The claim raises concerns about global energy security and shipping routes. Donald Trump said US forces have begun clearing operations in the Strait of Hormuz. […]
‘Unrealistic move’: Macron rejects Hormuz force plan
Emmanuel Macron said it is unrealistic to reopen the Strait of Hormuz through military force. He rejected calls for armed intervention following pressure from Donald Trump. The statement highlights rising global tensions affecting energy security and international shipping routes. Macron made the remarks during a visit to South Korea while addressing reporters. He said some […]