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Ships and tankers in the Strait of Hormuz off the coast of Musandam, Oman. The Strait of Hormuz remained closed on April 19, 2026 in the stand-off between Iran and the United States | Photo Credit: Reuters The Strait of Hormuz remained closed on Sunday (April 19, 2026) in the stand-off between Iran and the…
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Pakistan’s Deputy Prime Minister and Minister for Foreign Affairs Senator Mohammad Ishaq Dar meets with Chinese Foreign Minister Wang Yi, at the Diaoyutai State Guesthouse in Beijing, China, on March 31, 2026. | Photo Credit: Press Information Department (PID) via Reuters China and Pakistan on Tuesday (March 31, 2026) put forward a five-point peace proposal…
U.S. Treasury Secretary Scott Bessent. File | Photo Credit: AP The U.S. Navy, perhaps with an international coalition, will escort vessels through the Strait of Hormuz when it is militarily possible, U.S. Treasury Secretary Scott Bessent told Sky News in an interview on Thursday (March 12, 2026). “My belief, that as soon as it is…
Nearly a fifth of global oil production passes through the Strait of Hormuz. File | Photo Credit: Reuters U.S. forces have destroyed 10 Iranian mine-laying vessels, President Donald Trump said on Wednesday (March 11, 2026), warning Tehran of unprecedented military consequences if it targets the Strait of Hormuz. His comments came after Tehran vowed that…
Read More “Trump says 10 Iranian mine-laying vessels destroyed” »
The U.S. stock market careened through a manic Monday (March 9, 2026), going from a steep early loss to a solid gain as worries turned into hope that the war with Iran may not last that long. Oil prices whipped from nearly $120 per barrel, their highest since 2022, back toward $90. The S&P 500…
Read More “U.S. stocks erase big early loss and rise after oil prices whip back below $90” »
A car rides along the coast of Musandam overlooking the Strait of Hormuz amid the U.S.-Israeli conflict with Iran, Oman, on March 2, 2026. | Photo Credit: Reuters An Iranian Revolutionary Guards senior official said on Monday (March 2, 2026) that the Strait of Hormuz is closed and Iran will fire on any ship trying…
Read More “Iran vows to attack any ship trying to pass through Strait of Hormuz” »