Iran is deploying new tactics to target commercial shipping in and beyond the Strait of Hormuz as part of a strategic effort to maintain high global oil prices and influence the upcoming United States midterm elections, according to senior Iranian officials. Tehran has sought to exert control over the vital trade corri…

…better surveillance of shipping on a corridor that is a crucial alternative to the Strait of Hormuz, where Iran has been attacking ships.While the Houthis have said they are only targeting Saudi shipping as part of a blockade in retaliation for the one imposed on them, concerns about wider attacks persist. The Houthis…

…late February, when US-Israel strikes targeting Iran triggered Tehran’s blockage of the Strait of Hormuz, a critical waterway for energy transit. “Russia will immediately supply over 300,000 Tons of Diesel Fuel to the American and Global Marketplace,” Trump said on social media after talks with Russian leader Vladimir…

…how the cost of keeping a car on the road is reshaping purchasing decisions, with the Strait of Hormuz crisis adding fresh pressure to household transport budgets.Dealers release new prices for cars as petrol price hike drives sales down. ImagesData from automotive analytics provider Mobility Global, reported by Nikkei…

…Google The rise in crude oil prices has also been fueled by persistent tensions in the Strait of Hormuz — a strategic chokepoint for the global oil trade — as well as hostilities between Yemen’s Iran-backed Houthis and Saudi Arabia. In a recent sign of those tensions, an oil tanker sailing off the north coast of Qatar…

…disruptionsBrent crude climbed to $105.02 per barrel, with tanker traffic through the Strait of Hormuz falling to its lowest point since late JulyPAY ATTENTION: Mark Legit.ng as a preferred source, and our content will appear higher in your Google feed!Legit.ng journalist Dave Ibemere has over a decade of experience in…

…a permanent resolution, but the deal collapsed, largely due to disagreements over the Strait of Hormuz.See more Punch stories on Google.Add Punch on Google Iran has sought to impose control over the vital shipping lane since the start of the war, and has attacked vessels that attempt to transit without its authorisatio…

…Assembly. US President Donald Trump had rejected a proposal from Tehran to reopen the Strait of Hormuz, but told US media he expected talks to resume in the coming days. Iranian state news agency IRNA reported that Tehran had no more direct talks scheduled with Washington. AFP The post Iranian UN delegation duo ‘kicked…

…think you could ever have peace.” Iran continues to exert control over the strategic Strait of Hormuz more than seven months after the initial US and Israeli attacks on the Islamic Republic. Trump says the war is about preventing Iran from developing a nuclear weapon. The United States was meanwhile set to send a third…

…between the United States and Iran in a renewed effort to end the war and reopen the Strait of Hormuz. According to Reuters, the proposed diplomatic engagement comes amid continued disruptions to oil shipments through the strategic waterway, raising concerns about global energy supplies and contributing to volatility i…

…crude rebound followed Iran's rejection of a seven-day truce proposal linked to the Strait of HormuzPAY ATTENTION: Mark Legit.ng as a preferred source, and our content will appear higher in your Google feed!Legit.ng journalist Dave Ibemere has over a decade of experience in business journalism, with in-depth knowledge…

…Iran’s Revolutionary Guards that a Panama-flagged oil tanker struck a naval mine in the Strait of Hormuz. CENTCOM said the vessel, El Gaia, was hit by an Iranian missile last month and struck again over the weekend with a drone while the ship sat in waters off the coast of Oman. The command described the IRGC’s claim a…

…products could change. https://dailytrust.com/breaking-petrol-hits-n1430-in-abuja-as-strait-of-hormuz-crisis-worsens

…the relative calm that had held for several weeks, with Iran continuing to control the Strait of Hormuz, the waterway through which roughly 20% of global oil shipping passes.Iran's army said on Thursday it struck the Ahmad al-Jaber Air Base in Kuwait and Al Minhad Air Base in the United Arab Emirates using missiles and…

…prices for the second time in under a weekRenewed US-Iran tensions and risks around the Strait of Hormuz are pushing global crude prices toward the $100 per barrel markPAY ATTENTION: Mark Legit.ng as a preferred source, and our content will appear higher in your Google feed!Legit.ng journalist Dave Ibemere has over a d…

…particularly as the conflict has disrupted energy supplies and shipping through the Strait of Hormuz. While some energy continues to flow through the strategic waterway, the US blockade of Iranian oil exports has effectively cut off Tehran’s main source of revenue, Reuters reported. Iran’s economic problems have been c…

Brent crude oil surged above $95 per barrel after US strikes on Iranian targets near the Strait of Hormuz rattled global oil marketsDangote Refinery raised its petrol gantry price three times in nine days, bringing the cumulative increase to N100 per litreNNPCL is now selling petrol at N1,299 per litre in Lagos and up…

…STRAIThuh" President Trump floats yet another geographic name change as he says the Strait of Hormuz is now under U.S. control. "Like America itself, it would be “hotter” than ever before!" President Donald Trump on Wednesday floated renaming the Strait of Hormuz — the central point of contention in the ongoing war aga…

…a US missile landed on a home where a wedding was taking place in Sirik county along the Strait of Hormuz. Earlier reports had put the death toll at five.US Central Command (Centcom) said its latest strikes on Iran began at 12:00 ET (16:00 GMT) and were completed by early Wednesday, September 2, 2027Iranian state media…

Two Filipino sailors were killed when a Saudi oil tanker was attacked in the Strait of Hormuz earlier this week, Saudi Arabia’s national shipping company said Wednesday. A Greek security firm earlier said “unknown projectiles” hit the ship on Monday. Fresh violence has flared between the US and Iran this week. “Bahri c…

…for the Islamic Revolutionary Guard Corps (IRGC) targeting commercial shipping in the Strait of Hormuz and U.S. service members in the region. Earlier, the United States also targeted Iranian tankers as part of a new “tanker-for-tanker” policy in the Strait of Hormuz, putting further pressure on global oil prices. On W…

…28.Iran subsequently retaliated by striking US allies in the Middle East and closing the Strait of Hormuz, a critical global shipping route through which about one-fifth of the world's oil previously passed. Global oil markets have remained volatile since the conflict began, with any confirmed attack on Kharg Island po…

…a targeted strike against two Iranian rocket launchers on Larak Island, located near the Strait of Hormuz. Captain Tim Hawkins, spokesperson for US Central Command (CENTCOM), confirmed that the action was taken after observing Islamic Revolutionary Guard Corps (IRGC) forces preparing to deploy sea mines into the critic…

…in a conflict that has heightened tensions in the Middle East, particularly around the Strait of Hormuz, leading to volatility in oil prices. Global oil prices drop as Venezuela plans to exit OPEC

…Iran with the naval blockade, while moving ever-increasing amounts of oil out of the Strait of Hormuz. It's also another sign that US President Donald Trump is exasperated with the war and wants it to be over, at least for now. The U.S. official said that while Rubio made clear that the U.S. isn't planning a return to…