11m ago School books seen among rubble after deadly strike in Lebanon School books and remnants of furniture were among the rubble left by Israeli strikes that hit a building in the Lebanese town of Kfar Rumman, according to an AFP photographer who saw the debris. The building was destroyed, and 11 people were…
1m ago Iran says it seized a cargo ship that polluted Strait of Hormuz Iranian authorities have seized a bulk carrier they accuse of dumping oil and sludge into the Strait of Hormuz, state media reported Monday. “Following the publication of images of the discharge of oil into the sea … expert and clean-up…
Long lines formed at gas stations in Tehran Tuesday after the United States announced fresh sanctions aimed at pressuring Iran into submission. Washington has turned to pulling economic levers six months into a war on Iran that has ground to a stalemate militarily, with peace talks stalled and most traffic through the crucial Strait of…
BANDAR ABBAS, IRAN – AUGUST 10: Two youths sit on the shoreline as ships are seen anchored in the Strait of Hormuz on August 10, 2026 off the coast of Bandar Abbas, Iran. (Photo by Ali Saeedi/Getty Images) Getty Images | Getty Images News | Getty Images Iran rebuffed U.S. President Donald Trump’s claim that…
United States President Donald Trump has announced plans to declare the Strait of Hormuz a “territory” of his country as tensions boil with Iran. Speaking in New York on Friday, Trump told supporters that the US would soon claim the vital waterway, which is critical for the global supply of oil, natural gas and fertiliser. Recommended…
Major stock markets traded mixed in sparse summer trading Friday, with oil prices edging higher and the dollar slipping as investors assess the outlooks for U.S. interest rates and the war in the Middle East. Data this week showing cooler inflation in the U.S. has bolstered expectations that the Federal Reserve will not rush to…
Crew members of a Yemeni commercial ship who survived a deadly attack by Houthi rebels earlier this week said a second missile struck the vessel just as rescue efforts from the initial strike were underway, causing even more chaos and casualties. Three ballistic missiles fired by the Iran-backed Houthis struck the ship in the Bab…
The International Energy Agency (IEA) on Wednesday sharply reduced its forecast for global oil demand this year, with supplies still crimped by the disruption of shipping through the Strait of Hormuz and high prices deterring buyers. Demand is expected to slump by 1.6 million barrels per day, compared with its forecast slump of one million…
World oil demand is set to fall further than previously expected this year, the International Energy Agency said Wednesday, as the impact of the closure of the Strait of Hormuz deepens. The IEA forecast demand will drop by 1.6 million barrels a day in 2026. That’s 510,000 barrels a day more than its last monthly…
Oil prices rose Monday as doubt grew that the U.S. and Iran will reach a deal to increase ship traffic through the Strait of Hormuz. U.S. West Texas Intermediate futures climbed 2.9% to $80.42 per barrel by 10:25 a.m. ET. Brent crude, the international benchmark, was up 2.8% to $85.87 a barrel. President Donald Trump told Axios…
