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“Trump trolls Iran by renaming the Strait of Hormuz shipping route after himself Donald Trump taunted Iran as he labelled the Strait of Hormuz “Trump Strait” after Tehran proposed a deal to open the key waterway within a week if the US meets certain conditions.”

“…all Street Journal has also reported that Trump rejected an Iranian offer conveyed through intermediaries under which Iran would reopen the Strait of Hormuz and resume talks over its nuclear programme in exchange for an end to the US naval blockade of Iranian…”

“Trump denies offering Iran sanctions relief, Tehran says ready for talks Sept 29 - US President Donald Trump said he has offered Iran nothing to end the war, rejecting media reports that cited US officials saying he was willing to ease sanctions and release…”

“It was the single most deadly attack on any Gulf country since the US and Israel launched their war on Iran in February.”

“Both Trump and Iran insist the American election calendar has no effect on their decisions on how to end the seven-month-old conflict. - Attack on Saudi airport killed 12 and wounded more than 300: authorities - Trump says Ukraine should get a new president…”

“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.”

“Iran’s top negotiator said Tehran had conveyed to the US through mediators its conditions for reopening the Strait of Hormuz, which it has blockaded throughout the Middle East war.”

“Although some alerts had been issued in Riyadh this year after the start of the US-Iran war, these were the first since the escalation with the Houthis began in July.”

“The Iran-backed Houthis, who seized new territory along the Red Sea coast last week, are now posing a major new threat to global oil supplies — with crude above $100 a barrel Saturday — after effectively taking control of the Bab el-Mandeb Strait, which Saudi…”

“It also gave Iran another potential source of leverage as the United States has started to loosen Tehran's grip on the Strait of Hormuz, on the other side of the Arabian Peninsula.”

“Iran wants the US to lift a blockade and sanctions that have devastated its economy, while the US seeks the full reopening of the Strait of Hormuz and a deal to roll back Tehran's nuclear program.”

“The future of the strait of Hormuz – through which a fifth of the world’s traded oil and gas transited in peacetime and which the US and Iran are now mounting blockades of – is the diplomatic key to unlocking the conflict between the US and Iran, and to a…”

“Now, what we've seen is since about end of February of this year, the price of diesel went up globally, most notably because of the US war in Iran.”

“… Russian invasion – also rebuked Mr Trump on X, writing: 'It is sickening that the US is now lifting sanctions on Russian fuel, and transparently ridiculous to blame Ukraine for the spike in prices that obviously began with the closure of the Strait of…”

“… move likely to create a fresh crisis with Washington’s Nato allies, Trump announced the deal with Putin on his Truth Social network, saying it was essential to reduce fuel prices in the US, which have soared as a result of his decision to go to war with…”

“…he U.S. got a few small things — agreement to lower tariffs on $60B worth of goods, some purchases of specific items (such as agricultural and coal), the standing up of an AI dialogue, and alignment on major goals with regard to Iran and the Strait of…”

“Both also said that Iran should honor its stated commitment to not develop nuclear weapons, and that no country should charge a toll on international waterways, in a reference to the Strait of Hormuz, which has seen significantly reduced traffic since the…”

“Beijing made no commitments to pressure Iran into finding a solution to the ongoing Middle East war and reopening the Strait of Hormuz, a critical waterway for global trade.”

“Burnham's predecessor, Keir Starmer, before falling out over the UK's unwillingness to join the US-Israeli war on Iran.”

“… through today: a lot of common ground on the cost of living, we agreed around the conflict in the Middle East and the importance of bringing an end to it, getting the Strait [of Hormuz] open, and obviously making sure that Iran doesn't end up a nuclear…”

“…nham will urge Trump to provide more interceptor missiles for Ukraine, as well as discuss ways to restore the movement of ships through the Strait of Hormuz, which for the most part have been blocked since the start of the US-Israeli war with Iran in…”

“Seoul had reportedly been weighing deploying troops to the Strait of Hormuz, a strategic waterway and crucial oil and gas transit chokepoint that has been at the centre of tensions between Washington and Tehran since the Iran war broke out in late February.”

“Trump has criticised Seoul for what he called insufficient support for the Iran war and scaled back major joint military drills by the two countries’ armed forces this summer, a move that unsettled the US ally.”

“South Korea will not dispatch troops Despite growing pressure from the US, Lee reiterated three times that South Korea will not deploy troops to the Strait of Hormuz.”

“There have been protests in recent months over the UK government’s decision to allow the US to use RAF Fairford to carry out strikes on Iranian missile sites that are attacking ships in the strait of Hormuz.”

“The British government gave authorisation to the US to use RAF Fairford to carry out strikes on Iranian missile sites that are attacking ships in the Strait of Hormuz.”

“The British government gave authorisation to the U.S. to use RAF Fairford to carry out strikes on Iranian missile sites that are attacking ships in the Strait of Hormuz.”

“That has given the group greater control over the Bab al-Mandeb strait, the critically important maritime passage that Saudi Arabia was using to ship oil out after the US-Iran war effectively shut down the Strait of Hormuz.”

“Macron’s pledge comes as tensions have been rising in France over surging fuel prices, with Macron insisting that the situation was the result of international conflicts, including the US war in Iran and its disruption of the Strait of Hormuz.”

“… have launched strikes on the Saudi-backed government in Yemen and repeatedly fired into Saudi Arabia, disrupting oil flows from the world's largest energy exporter, as part of a wider Middle East war that began with US and Israeli strikes on Iran in…”

“Zelensky later said that multiple Ukrainian power stations had been hit and that “Ukrainian skies have been infested with Russian ‘shaheds’ all day,” referring to a type of drone originally designed by Iran that is now used extensively by Russia.”

“Trump, whose war against Iran has led to global oil shortages, has blamed Ukraine’s strikes on Russian refineries for sending diesel prices soaring, creating major risks for his party in US elections next month.”

“Donald Trump is weighing whether to resume strikes on Iran before next month's midterm elections The White House has asked the Pentagon to draw up options for fresh strikes on Iran that could be launched before next month's midterms US cruise missiles are…”

“Oil prices have risen sharply amid fears about escalating tensions in the Middle East and a squeeze on production from the threat of a hurricane off the US coast.”

“It comes as security in the Strait of Hormuz continues to deteriorate amid the United States and Israel’s war on Iran.”

“Authorities believe that Iran might be looking to shift strategy just as the US finds greater success in loosening Iran´s grip over the Strait of Hormuz and getting Gulf allies' oil to market, while a Navy blockade is shutting down Iran´s own oil exports.”

“Before the US-Israel war on Iran began on February 28, the Strait of Hormuz typically handled about 125 large commercial vessels a day and shipments through it accounted for about 20 percent of global crude and liquefied natural gas supplies.”

“Around that time, Iran claimed success in attacking ships – including US Navy vessels – near the Strait of Hormuz, saying the strikes had forced Washington to move its warships further from the Iranian coast.”

“Tensions continue to centre on the standoff between the US and Iran regarding the blockade of the Strait of Hormuz, a critical conduit for Gulf oil and gas.”

“US President Donald Trump ruled out an Iranian proposal to reopen the Strait of Hormuz last week, hours after Iran put forward a roadmap to reopening the strait, through which one-fifth of global oil and natural gas is shipped during peacetime.”

“The US military has rejected claims by Iran's Revolutionary Guard that it seized an advanced American underwater vehicle carrying out surveillance in the Strait of Hormuz.”

“Iran's Islamic Revolutionary Guard Corps (IRGC) Navy claims to have intercepted a US underwater vehicle during a reconnaissance mission in the Strait of Hormuz.”

“…is have driven a lightning offensive to the Red Sea coast and into Yemen’s strategic heights as part of a push for control of the Bab el-Mandeb shipping route, through which the world’s largest oil exporter has moved oil since Iran closed the Strait of…”

“Burnham’s first face-to-face meeting with Trump is a significant moment, with the US president still said to be angry over the UK’s refusal to support his military action in Iran, and ongoing tensions over levels of defence spending.”

“Iran awaiting response from Trump on proposal to open strait of Hormuz in six days Iran has said it has told Donald Trump it is willing to open the strait of Hormuz in six days, and to start talks on its nuclear program the day after, so long as the US lifts…”

“Locked in a tight race to stay in power in October 27 elections, Netanyahu used the global platform at the UN General Assembly to attack everyone from the leaders of Iran to New York’s first Muslim mayor and partners Britain, France and Turkey.”

“"Iran is a friendly, allied, and brotherly country to us, but it does not direct us.”

“While the Yemen civil war predates the US-Iran war by years, renewed fighting in Yemen pits allies of Washington and Tehran against each other while the two foes are stalemated in the Gulf.”

“…i meets Pezeshkian, Momeni to ‘discuss mediation process’ • Iran ‘grateful’ to Pakistan’s political, military leadership for peace efforts • US refuses visas to some members of Iranian president’s delegation • Second Qatari LNG cargo ship ‘cleared by…”

“TEHRAN: With Interior Minister Mohsin Naqvi due in Iran for talks on Sunday, Iranian parliament speaker Mohammad Bagher Ghalibaf has said that terms for the reopening of the Strait of Hormuz have been clearly conveyed to the United States through mediators.”

“Iran’s missiles and drones have downed dozens of US aircraft, damaged or destroyed hundreds of the United States’ buildings at its bases in the Middle East, and drained its inventories of military equipment worth billions of dollars, the Pentagon conceded…”

“…und at Saudi Arabia’s Prince Sultan airbase in a subsequent Iranian strike. - HH-60W helicopter: At least one of these four-blade, twin-engine, medium-lift utility military helicopters was damaged by Iranian fire during a combat search and rescue mission. -…”

“Oni said Dangote was riding a wave during the current situation across the Middle East; however, fortunes could change — especially when the tensions around the Strait of Hormuz eventually ease.”

“Oni said Dangote was riding a wave during the current situation across the Middle East; however, fortunes could change — especially when the tensions around the Strait of Hormuz eventually ease.”

“US President Donald Trump has said he is “open” to negotiations with Iran, but stressed the final decision rests with him.”

“…Mandeb Strait is the southern gateway to the Red Sea — a shipping lane that has become vital to energy giant Saudi Arabia's ability to export its gas and oil to international markets as the nearby Strait of Hormuz remains severely impeded by the U.S.-Iran…”

“The Strait of Hormuz, which falls in Iran and Oman’s territorial waters, has been effectively blocked by Tehran amid the US-Israel war on the country.”

“US media outlets Axios and CNN reported that Saudi Arabia had submitted amendments to the Iran-Oman proposal for Hormuz because it had concerns that the wording would establish a new status quo which would be unacceptable to Riyadh.”

“The kingdom was already facing headwinds from Tehran’s chokehold on the Strait of Hormuz, vital for oil and gas trade, since the start of the Middle East war in February, when the US and Israel attacked Iran.”

“Active hostilities have largely ended since the June memorandum of understanding between Iran and the US, but attacks on ships passing through the global oil chokepoint – the Strait of Hormuz – have continued.”

“The economy of the Middle East and Central Asia is set to shrink in 2026 amid the fallout of the US-Israel war on Iran, with countries such as Kuwait and Qatar facing double-digit contractions, according to the International Monetary Fund (IMF).”

“The talks also come against the backdrop of the wider US-Israel war on Iran, with Tehran potentially seeking to avoid being dragged into another confrontation.”

“A recent surge in attacks on oil tankers in and around the Strait of Hormuz, alongside renewed conflict between the Iran-backed Houthis and Saudi Arabia in the Red Sea, is stoking concerns in the industry about crucial shipping lanes.”

“…pporter of Ukraine - posted on social media last night: 'It is sickening that the USA is now lifting sanctions on Russian fuel, and transparently ridiculous to blame Ukraine for the spike in prices that obviously began with the closure of the Strait of…”

“US military says it disabled cargo vessel trying to run Iran blockade Oct 10 - The US military said on Saturday it had disabled a commercial cargo vessel in the Gulf of Oman after the ship's crew ignored warnings and attempted to run a naval blockade against…”

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“The Strait of Hormuz, through which roughly a fifth of the world's oil and gas shipments normally pass, has been effectively closed since the outbreak of the war, following Iranian missile and drone strikes on commercial vessels and a US Navy blockade of…”

“Iran’s Foreign Minister Abbas Araghchi said Tehran is reviewing the US response to its seven-day plan to reopen the Strait of Hormuz, and that Iran will respond within the “next few days”.”

“Both Rogers and El-Sayed agreed the US-Israeli war against Iran should end, but they had opposite views on Washington’s relationship with Israel and its role in the conflict.”

“The USS Abraham Lincoln steamed into its homeport at Naval Air Station North Island in Coronado on Thursday, ending a record-setting deployment in the Middle East amid the war against Iran.”

“Since the fighting with Iran began at the end of February, the Strait of Hormuz has been effectively shut, and American drivers have been paying for it ever since.”

“The Trump administration has rejected Tehran’s proposal for a seven-day deal focused first on reopening the Strait of Hormuz, in which the US would lift sanctions and unfreeze Iranian funds while nuclear talks were postponed.”

“Fighting has been focused in recent days on areas around the Bab el-Mandeb Strait, a shipping route that has become more crucial for energy exports since the conflict between the US and Iran restricted trade through the Strait of Hormuz.”

“The war, which began with joint US-Israeli strikes on Iran in late February, has severely disrupted shipping through the strait -- a crucial route for Gulf exports -- after both Iran and the US imposed their own naval blockades.”

“The former public health official has made opposing the war in Iran, as well as most US foreign intervention, one of his biggest campaign issues.”

“Heavy fighting has flared across several Yemeni frontlines for weeks after a dormant civil war reignited as part of broader US-Iran tensions, with Houthis attempting to secure the strategic strait while firing drones and missiles at Saudi targets.”

“As Iran war smolders, shunned Eritrea looks to come in from the cold ASMARA, Oct 5 - When Halima Mohammed was six, her parents dropped her off in the desert at Revolution School, where the children of Eritrean guerrilla fighters were raised while their…”

“It is unclear precisely what prompted the withdrawal, which comes as the US and Israel remain embroiled in a war against Iran.”

“Iran vowed on Sunday to keep the Strait of Hormuz shut unless the US meets its demands, with Tehran warning there is 'no military solution' to the situation.”

“And nine in 10 say the conflict with Iran is making U.S. gas and oil prices either a lot or a little higher.”

“Saudi oil exports were already under pressure thanks to Iran's blockade of the Strait of Hormuz in the Gulf.”

“The Iranian government has repeatedly condemned US military actions in the Strait of Hormuz.”

“This incident has occurred at a moment of extreme instability across the region, with the strait of Hormuz still closed as a result of the US-Israel assault on Iran and the resurgence of conflict in Yemen.”

“The prospect of Iran or Oman imposing a toll on shipping through the Strait of Hormuz in the future, and the increased use of alternative pipeline infrastructure to bypass the strait, would also add to the cost of oil and LNG, keeping upward pressure on…”

“President Donald Trump has said that the US could ask European countries to release diesel reserves, as Washington tries to rein in rising diesel prices due to the war on Iran.”

“…raq’s foreign minister called his country “a victim” of the US-Iran war Thursday and said Baghdad is reluctant to agree to American requests to sanction Iranian airlines — making the remarks one day after President Trump announced the withdrawal of US troops…”

“On the Middle East, Putin said he hoped the Strait of Hormuz would remain open to shipping and that sanctions on Iran would be lifted.”

“Under the plan, the US would have lifted its blockade of Iranian ports and Iran would have reopened the Strait of Hormuz within seven days.”

“… tanker-tracker websites, traffic through the key waterway has been steadily increasing, with some estimates putting oil and petroleum flow through the Strait of Hormuz at nearly 80 percent of what it was before the US-Israeli war on Iran began on February…”

“Southeast Asia faces ‘sleeper’ food crisis from Hormuz fertiliser bottleneck The Middle East shipping gridlock risks a regional hunger crisis unless Asean resists export controls and pushes a US-Iran deal, experts say He noted that the UN was able to carve…”

“On Saturday, US President Donald Trump rejected Iran’s offer for a seven-day truce that would see it reopen the Strait of Hormuz in exchange for economic relief and other conditions.”

“The talks in Washington, DC, on Monday came as the US-Israel war on Iran enters its eighth month, with diplomacy at a stalemate as mediators continue to pass messages between the parties.”

“…re, the documents also talk about supporting construction of new pipelines to bypass the Strait of Hormuz, which would allow it to keep buying crude from, say, the United Arab Emirates and Saudi Arabia without having to worry as much about instability in…”

“The US dollar was steady near a two-month high, and oil prices spiked about 3 percent as US President Donald Trump rejected an Iranian offer to resolve the conflict and reopen the Strait of Hormuz.”

“Meanwhile, the ongoing war between the US and Iran is continuing to disrupt the global trade in refined oil and other petroleum materials, with Iran’s effective blockade of the Strait of Hormuz limiting the production and supply of fuel needed by consumers.”

“Mediators work to contain tensions After US President Donald Trump said he had rejected conditions put forward by Iran for reopening the Strait of Hormuz, reports indicated that mediators were expected to facilitate further diplomatic exchanges between the…”

“The new rules were released shortly after President Donald Trump rejected an Iranian proposal to open the Strait of Hormuz, sending oil prices soaring.”

“…opes appeared to weaken as traders pushed prices higher to $US106 ($151) a barrel on Monday following reports that Iran is refusing to budge on certain conditions it is seeking before agreeing to reopen the Strait of Hormuz, a critical oil and gas shipping…”

“Oil prices could resume their rally this week as US President Donald Trump over the weekend sent mixed signals about his willingness to reach a peace deal with Iran.”

“In any case, effective Iranian control of both the Strait of Hormuz and the Bab el Mandeb Strait fundamentally alters the world's energy supply equation, for the worse.”

“As part of previous negotiations aimed at ending its war on Iran, the United States offered to sell Tehran uranium for use in a civilian programme, but Iran refused, a top US official said on Sunday.”

“Ambassador to the United Nations Mike Waltz joined a series of Trump administration officials who have blamed the Russia-Ukraine War for high diesel prices, pivoting the energy markets conversation away from the war in Iran and the Strait of Hormuz.”

“Diesel prices have hit record highs as the tensions between the United States and Iran, along with the war between Russia and Ukraine, disrupt key oil and fuel trade routes.”

“Iran and Palestine In Sharif’s UN address, he also referenced the US-Israeli war that was launched against Iran in late February, as well as Islamabad’s role as a co-mediator.”

“Martin Plaut, a British journalist specializing in the Horn of Africa, noted that the US needs Eritrea in the struggle to secure the Red Sea against the Houthis, an Iran-backed Shiite Muslim militia.”

“Brent oil was quoted at 106.21 dollars a barrel in London on Friday at the time of the equity market close, down from 107.25 dollars late on Thursday on hopes of progress between the US and Iran.”

“…sperson added, “The Trump administration has clearly demonstrated its resolve and commitment to confront Iran and its proxies throughout the region, and we will not hesitate to use all available tools to counter the full range of Iran’s destabilizing…”

“Escalating tensions between the United States and Iran, including attacks affecting tankers and other energy infrastructure, have disrupted or restricted traffic through the Strait of Hormuz and increased fears of supply shortages, The Daytona Beach…”

“Iran could try to disrupt the US route through the Strait of Hormuz or target areas near the Omani coast where the ship-to-ship transfers are taking place.”

“He said Tehran would not allow the key shipping route, the Strait of Hormuz, to be used for aggression against his country.”

“…. maritime trade monitoring agency reported that a cargo vessel had been “stuck by an unknown projectile” in the Strait of Hormuz, a critical chokepoint for global energy supplies, which has remained at a near standstill for months as a result of the Iran…”

“He said they agreed to “act together to ease tensions in the energy markets, by protecting critical infrastructure in the Middle East and freedom of navigation in the Strait of Hormuz.””

“The Iran war — and the energy shocks that have accompanied it — has elevated inflation globally since February, leading central banks around the world to raise interest rates.”

“Also supporting the market mood was a further drop in oil prices on hopes of diplomatic progress in the US-Iran war.”

“Oil rises to $100 ahead of potential US-Iran talks Oil prices gained this morning as the market steadied after several days of declines, with investors awaiting developments on potential US-Iran talks at the United Nations General Assembly this week.”

“Oil rises slightly ahead of potential US-Iran talks AI generated NEW YORK – Oil prices gained for the first time in five sessions on Sept 22 as investors awaited developments on potential US-Iran talks at the United Nations General Assembly this week after…”

“…g fighting between Washington and Tehran is expected to feature prominently in discussions among world leaders, particularly over the security of the Strait of Hormuz, regional stability and the possibility of finding a diplomatic way out of the…”

“The UN chief outlined the real-life impacts that the Russia-Ukraine war and the US-Israel war on Iran are having on people, particularly around food accessibility, rising fuel prices and global inflation.”

“Oil prices fell more than 3% Monday as vessel traffic and energy flows through the Strait of Hormuz picked up, although the Strait has remained largely closed and uncertainty persisted over U.S.-Iran tensions.”

“…ces slid to their lowest in more than a week on Monday as investors hoped for diplomatic progress on the US-Israeli war on Iran due to this week’s UN meeting and eyed a partial recovery in shipments from Saudi Arabia despite ongoing attacks by Yemen’s…”

“…vertheless, the action by the Houthis and Iraqi militias could have been coordinated by Iran to mount pressure on the US and counter its attempt to loosen Iranian control of the Strait of Hormuz by American warships escorting more vessels through the…”

“The escalation has also raised the stakes for global energy supplies, as the Iran-aligned Houthis tightened their grip on the Red Sea, which has been used as an alternative route for Saudi oil exports amid the blockade of the Strait of Hormuz.”

“…’s International Financial Centre: official Neutrality amid US-Israel war on Iran cited as an advantage, as well as location of ports away from Strait of Hormuz Chinese firms have shown “very strong interest” in investing in Oman – across the Strait of Hormuz…”

“For Iran, if the Revolutionary Guard (IRGC) has to concentrate its resources on US and Israeli strikes, the Strait of Hormuz and operations in the Gulf, Sistan-Baluchestan could become a peripheral theatre competing for Iranian security resources.”

“The conversation came amid growing concerns over the safety of oil supply routes as tensions escalate around the Strait of Hormuz and Bab al-Mandeb, as well as uncertainty surrounding the United States-Iran war, which began on February 28.”

“US, China trade teams set to huddle in New York on tariffs, AI and Iran AI generated NEW YORK – US Treasury Secretary Scott Bessent and China’s Vice-Premier He Lifeng will lead talks on trade and other pressure points on Sept 20 in New York ahead of next…”

“Drawing from the massive stockpile allowed China, the world’s second-biggest oil consumer and Iran’s top buyer, to dramatically cut crude imports once the U.S. and Israel began their bombardment and Tehran effectively closed the Strait of Hormuz.”

“In addition to the crisis in the Strait of Hormuz due to the US-Iran war, trade via Bab al-Mandab — which has become a vital route for Saudi oil exports in recent months — is also facing a rising threat from Houthi rebels.”

“Media reports suggest that the Hormuz closure and rising oil prices have pushed the US and its allies in the region to adopt shadow tactics, much like what Iran has been doing for years to export its own crude.”

“The pair also discussed US efforts to end Russia’s war against Ukraine, as well as the ongoing trade friction in the Strait of Hormuz and Red Sea.”

“The premier is expected to highlight Pakistan’s efforts to find a peaceful solution to the ongoing US-Iran war.”

“China has privately asked Tehran to use its influence over Yemen’s Houthis to help rein in the Iran-backed group after Saudi Arabia appealed to Beijing for help, according to three Iranian sources familiar with the matter quoted by Reuters.”

“The grouping was created as a consequence of international fears that the Houthis could close Bab al-Mandeb while Iran had the Strait of Hormuz choked off.”

“Pakistan on Thursday said it was committed to implementing its defence agreement with Saudi Arabia and Turkiye amid escalating tensions in the Gulf region following what Riyadh described as an attempted Houthi drone attack near the Muslim holy city of Mecca.”

“Compounded by the impact of tightening sanctions and a US naval blockade that has recently left Iran without shipping any meaningful crude exports through the Strait of Hormuz, consumer prices have surged by nearly 90 per cent year on year, according to…”

“Despite an ongoing blockade on Iranian maritime trade and attacks by Iran’s military on commercial ships, the United States military has said US forces have kept the Strait of Hormuz open to commercial shipping, including the facilitation of hundreds of…”

“The Bab al-Mandeb Strait has become a crucial alternate shipping route due to ongoing Iranian attacks on ships traversing the Strait of Hormuz.”

“…ith Saudi Arabia could force them to intervene: China urges Iran to reopen Strait of Hormuz China encourages Iran and the US to remain rational, exercise restraint, return to the Islamabad memorandum and "engage in substantive consultations on issues of…”

“The report, which was released on Tuesday, revealed that the protracted war is straining US munitions stockpiles and fuelling inflation as the Strait of Hormuz, a global oil export chokepoint, remains under Iranian blockade.”

“China affirms support for Iran, but warns against Yemen spillover In talks with his Iranian counterpart in Beijing, Foreign Minister Wang Yi calls on Tehran and Washington to stay rational In talks with his Iranian counterpart in Beijing on Wednesday, China’s…”

“They seized control of Yemen’s Red Sea coast and the Bab al-Mandab Strait last week, which has become vital as the wider US war on Iran chokes the Strait of Hormuz.”

“A study by the RAC Foundation found the conflict has collectively cost motorists the staggering sum since 28 February, when pump prices rocketed after the US bombed Iran and Tehran responded by blockading the Strait of Hormuz.”

“In a separate post on X, Dawaleh warned that the US-Israel war on Iran, which has disrupted traffic through the critical Strait of Hormuz waterway, is already deepening uncertainty for smaller economies such as Djibouti’s.”

“The meeting came after months of escalating tensions, including Abu Dhabi’s suspension of trade with Tehran in August following Iranian attacks.”

“Saudi Arabia remains a “high priority market for Citi,” with room to grow despite disruptions caused by more than six months of conflict in the region and Iran’s attempts to shut down shipping through the Strait of Hormuz.”

“However, the central bank’s board of governors is having to contend with a renewed rise in oil prices after the US-Iran conflict intensified again.”

“The prediction comes as oil prices have surged back above 100 US dollars this week because of attacks on Iranian oil tankers and concerns about further disruptions to supply amid ongoing fighting in the Middle East.”

“What are the US, Iran and others claiming about the Strait of Hormuz?”