Tag: iran Strait of Hormuz

Trump says will tap U.S. Strategic Petroleum Reserve to try to reduce gasoline prices

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Trump says will tap U.S. Strategic Petroleum Reserve to try to reduce gasoline prices

Bryan Mound storage facility in Texas is is one of four Strategic Petroleum Reserve (SPR) sites in the U.S. that are used as a first line of defence against an interruption in petroleum supplies. | Photo Credit: AFP U.S. President Donald Trump says his administration will tap the United States’ Strategic Petroleum Reserve to try…

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Iran confirms seizure of oil tanker in Strait of Hormuz

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Iran confirms seizure of oil tanker in Strait of Hormuz

The seizure happened on November 14, and Tehran has been increasingly warning it could strike back after a 12-day war with Israel in June that saw the U.S. strike Iranian nuclear sites. Representational file image. | Photo Credit: Reuters Iran on Saturday (November 15, 2025) confirmed the seizure of a Marshall Islands-flagged oil tanker as…

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