iran war us economy – Artifex.News https://artifex.news Stay Connected. Stay Informed. Thu, 30 Apr 2026 11:37:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://artifex.news/wp-content/uploads/2023/08/cropped-Artifex-Round-32x32.png iran war us economy – Artifex.News https://artifex.news 32 32 U.S. seeks international help to reopen Strait of Hormuz as crude prices surge https://artifex.news/article70924412-ece/ Thu, 30 Apr 2026 11:37:00 +0000 https://artifex.news/article70924412-ece/ Read More “U.S. seeks international help to reopen Strait of Hormuz as crude prices surge” »

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U.S. President Donald Trump. File
| Photo Credit: Reuters

The United States is pressing ahead with plans for an international coalition to open the Strait ‌of Hormuz, according to a State Department cable seen by Reuters, as oil prices surge on fears of ​lengthy disruptions to global fuel supplies.

Two months into the war that started with U.S.-Israeli strikes on Iran, the ⁠vital sea channel remains closed, choking off 20% of the world’s supplies of oil and gas. That has sent global energy prices surging and heightened concerns about the risks of an economic downturn.



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