Washington — President Trump has sent conflicting messages about the Strait of Hormuz over the last few weeks as the world’s oil supply has been choked by the Iran war. In a prime-time address Wednesday, Mr. Trump declared that Iran “has been essentially decimated” and “when the conflict is over, the strait will open up…
Israel’s military said Thursday that it had struck “dozens of headquarters, weapons storage facilities, launch sites, and anti-tank missile positions” belonging to the Iranian-backed Hezbollah group in Lebanon over the last 24 hours. The IDF said it would continue to “operate decisively against the Hezbollah terror organization” in Lebanon “to remove the threat posed to…
President Trump told CBS News Tuesday morning that he is not ready “quite yet” to remove U.S. assets as part of efforts to force Iran to reopen the Strait of Hormuz, despite a Truth Social post suggesting allies need to do it themselves. In a phone call, Mr. Trump reiterated his frustration that other countries,…
A crucial early warning radar plane, used to provide commanders with a real-time picture of war, was destroyed in an Iranian attack on the Prince Sultan air base in Saudi Arabia on Friday. PHOTO/UGC. By PATRICK MAYOYO [email protected] The Iranian Embassy in Nairobi has confirmed that maritime traffic through the Strait of Hormuz “has not…
World shares mostly fell and oil gained again on Friday after Wall Street had its worst day since the start of the Iran war over growing doubts about a de-escalation. In early European trading, Britain’s FTSE 100 fell 0.3% to 9,939.96. France’s CAC 40 dropped 0.7% to 7,718.97, and Germany’s DAX lost 1.3% to 22,314.28….
As the United States-Israeli war on Iran enters its fourth week this weekend, pressure on oil and gas markets continues to mount due to severe disruption to shipping traffic through the Strait of Hormuz as well as attacks on and around key energy facilities in the Gulf. In peacetime, 20 percent of the world’s oil…
The head of the U.S. military’s Central Command says Iran is “operating in a sign of desperation” by targeting civilian sites in the war. In an interview with the Farsi-language Iranian opposition satellite network Iran International that aired early Monday, U.S. Navy Adm. Brad Cooper said: “They’re operating in a sign of desperation. … In…
An Islamic Revolutionary Guard Corps (IRGC) speed boat sailing along the Persian Gulf near a cargo vessel. Nurphoto | Nurphoto | Getty Images With oil prices at levels not seen in years and global business supply chains across sectors of the economy shut down by the de facto closure of the Strait of Hormuz, faith…
Tankers sail in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. Stringer | Reuters French Finance Minister Roland Lescure told CNBC that France is willing to support the U.S. in…
The Israel Defense Forces said in a statement Tuesday that the commander of Iran’s feared Basij paramilitary force was among the senior leaders killed in overnight strikes in Tehran, and the Israeli defense minister Israel Katz later confirmed that Ali Larijani, the head of Iran’s Supreme National Security Council, was also “eliminated.” “Prime Minister Benjamin…
