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“- Published Iran's Foreign Minister Abbas Araghchi says his country has proposed a deal to the US that would see the Strait of Hormuz reopened within a week.”

“The International Maritime Organization says at least 22 seafarers have been killed in 79 confirmed incidents in the Strait of Hormuz and the rest of the Middle East since the start of the US and Israel's war with Iran at the end of February.”

“The Red Sea shipping route has become increasingly important, because the Strait of Hormuz, on the other side of the Gulf, has still not fully reopened since the US and Iran have failed to reach a deal to end their war.”

“- Published Prices for gasoline and diesel have more than doubled since the US-Israel conflict with Iran began in February, affecting transport businesses, farmers and anyone who drives a vehicle in America.”

“Saudi vessels have relied on that stretch of the Red Sea for oil exports since the US and Israel's war with Iran effectively closed the Strait of Hormuz.”

“The US strikes on Tuesday came hours after Iran's Navy claimed it had seized an uncrewed US submarine in the Strait of Hormuz.”

“Motor fuel prices fell back when the US and Iran agreed in June to a framework deal to end the fighting but have started rising again as tensions resurface.”

“Centcom said it hit "dozens" of Islamic Revolutionary Guard Corps (IRGC) targets in response to Iran's firing on US bases in Jordan and at ships in the Strait of Hormuz.”