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strait of hormuz

Trump says school strike 'done by Iran'

Trump says school strike 'done by Iran'

President Donald Trump on Saturday blamed Iran for what the country's authorities said was a deadly strike on a school in the southern county of Minab. "We think it was done by Iran. Because they are very inaccurate, as you know, with their munitions. They have no

War in the Middle East: latest developments

War in the Middle East: latest developments

Here are the latest events in the Middle East war on Saturday: - Blasts in Dubai, Manama - AFP journalists heard explosions in Dubai and Bahrain's capital, Manama, on Saturday, one week into Iran's retaliatory attacks on targets around the Gulf. A warning siren sounded in Manama, with

Oil prices surge as Mideast war rages, stocks fall on US jobs

Oil prices surge as Mideast war rages, stocks fall on US jobs

Crude prices surged Friday on mounting fears about oil supply disruption during the Middle East war, while equities retreated on poor US hiring data. The US-Israel war on Iran and Tehran's retaliatory attacks across the Gulf region have upended the world's energy and transport sectors,

War in Middle East brings uncertainty and higher energy costs to already weakening US economy

War in Middle East brings uncertainty and higher energy costs to already weakening US economy

bk: michael, reminder to please fill our your disclosure when you have a second. it’s the red button at right The “fog of war” refers to confusion and uncertainty on the battlefield and the attendant possibility of fatal error. This principle has a parallel when it comes to the

American gasoline prices increase most in one week since 2020

(The Center Square) - American gasoline prices continued to rise on Friday and are up the most of any week since 2022. Iran widened attacks on energy-producing countries near its borders and the Strait of Hormuz remains closed to shipping, dashing hopes for a quick resolution to a crisis sending

Only nine commercial ships detected crossing Hormuz Strait since Monday

Only nine commercial ships detected crossing Hormuz Strait since Monday

Only nine oil tankers, cargo and container ships, some of which at times concealed their position, have been recorded crossing the Strait of Hormuz since Monday, according to MarineTraffic data analysed by AFP. After three ships were attacked on Sunday, at least three tankers and a vessel carrying gas have

Middle East war a new shock for financial markets

Middle East war a new shock for financial markets

The outbreak of war in the Middle East has sent shockwaves through financial markets, with energy prices soaring and stocks sliding, just a year after US President Donald Trump's tariff onslaught rattled investors. "We're in a situation that's not under control and yet,