Category Iran-Israel War

The Strait of Hormuz is a slender passage that avoids Iran and Oman, serving as the primary channel for transporting crude oil from wealthy nations like Saudi Arabia and Kuwait to global markets. The strait has continued to be a…

Traders operate on the floor of the New York Stock Exchange on Monday. Michael Nagle/Bloomberg/Getty Images Oil prices are declining today, yet still stay over $100 a barrel, as traders process a surge of news from the Middle East and…

Iran’s foreign minister Abbas Araghchi observes during a press conference at the Lutfi Krdar Congress Center in Istanbul on June 22, 2025. Ozan Kose/AFP/Getty Images Iran’s Foreign Minister Abbas Araghchi is scheduled to visit China today as part of ongoing…

Oil transfer pipes and storage silos that are part of the Abu Dhabi Crude Oil Pipeline, referred to as Adcop, located in Fujairah, UAE, on July 15, 2012. The pipeline goes around the Strait of Hormuz. Duncan Chard/Bloomberg/Getty Images/Archive Iran’s…

On Monday, the United Arab Emirates denounced what it referred to as an “Iranian terrorist assault” against a tanker owned by the Abu Dhabi national oil company ADNOC that attempted to navigate the Strait of Hormuz. The UAE Ministry of…

Smoke ascends after an explosion in Lebanon, observed from the Israeli side of the border, on Sunday. Shir Torem/Reuters Hezbollah chief Naim Qassem stated on Monday that “a ceasefire does not exist in Lebanon; instead, there is continuing Israeli American…

South Korean traders operate in front of screens at the Hana Bank in Seoul, South Korea, on Monday. Jeon Heon-Kyun/EPA/Shutterstock Oil prices are rising due to renewed worries about the security of navigating the Strait of Hormuz after Iran’s navy…