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strait of hormuz

Stocks drop, oil jumps as Mideast war persists

Stocks drop, oil jumps as Mideast war persists

Stocks tumbled while oil prices pushed higher Friday at the end of a turbulent week in which attacks on Gulf energy infrastructure rattled global markets and sparked fears of a global economic slowdown. Crude prices jumped further on Friday, with the international benchmark, Brent crude, rising 3.3 percent on

War in the Middle East: latest developments

War in the Middle East: latest developments

Here are the latest developments in the Middle East war: - Iran says not behind Oman attacks - Iran's supreme leader Ayatollah Mojtaba Khamenei said Tehran and allied forces in the region were "in no way" behind attacks on Oman and Turkey during the war, instead blaming "

Overconfidence is how wars are lost − lessons from Vietnam, Afghanistan and Ukraine for the war in Iran were ignored

Overconfidence is how wars are lost − lessons from Vietnam, Afghanistan and Ukraine for the war in Iran were ignored

(MEDFORD, MA) Wars are rarely lost first on the battlefield. They are lost in leaders’ minds − when leaders misread what they and their adversaries can do, when their confidence substitutes for comprehension, and when the last war is mistaken for the next one. The Trump administration’s miscalculation of Iran

Stocks dip, oil calmer as Mideast war persists

Stocks dip, oil calmer as Mideast war persists

Stocks dipped and oil prices steadied Friday, at the end of a turbulent week in which attacks on Gulf energy infrastructure rattled global markets and sparked fears of an energy shock. US President Donald Trump said Israeli forces would not target any more of Tehran's energy infrastructure, while

Trump's Mideast muddle could play into Xi's hands at planned summit

Trump's Mideast muddle could play into Xi's hands at planned summit

China will be in a stronger position to extract concessions from Donald Trump when the US president finally visits Beijing after becoming entangled in his Middle East war, analysts say. Trump had been due in the Chinese capital at the end of this month for talks with President Xi Jinping,

Italy, Germany and France offer help with Hormuz only after ceasefire

Italy, Germany and France offer help with Hormuz only after ceasefire

Six major international powers said Thursday they were ready "to contribute to" ensuring safe passage through the Strait of Hormuz, though three stressed that any initiative would take place post-ceasefire. Britain, France, Germany, Italy, Japan and the Netherlands said Thursday they were ready "to contribute to

Netanyahu says Iran 'decimated,' Tehran targets Gulf petro-facilities

Netanyahu says Iran 'decimated,' Tehran targets Gulf petro-facilities

Israeli Prime Minister Benjamin Netanyahu said Thursday that Iran is being "decimated" and it is unclear who is in charge, as Tehran sent jitters through global markets by turning its sights on Gulf oil and gas facilities. Nearly three weeks into the Middle East war launched by Israel