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"If the U.S. is bent on imposing tariffs, China will fight to the end, and this is China's consistent official stance," said ...
U.S. Treasury Secretary Scott Bessent acknowledges China's position on oil purchases but suggests an overall trade deal ...
The Navy’s largest aircraft carrier, Gerald R. Ford, transited the Strait of Gibraltar on Saturday as it made its way to the Mediterranean for a regularly scheduled deployment to the area ...
Americans may have heard reports of Iran considering closing access to the Strait of Hormuz. The Strait provides the only route from the Persian Gulf to the open ocean.
Iranian forces have seized yet another small oil tanker in its widening campaign against what its authorities describe as fuel smuggling close to its waters.
DUBAI (Reuters) -Hardline Iranian lawmaker Esmail Kosari said any closure of the Strait of Hormuz was still under review but no decision has yet been made, in comments carried by Iran's state ...
Would that be possible, and what effects would it have? The Strait of Hormuz is a choke point at the entrance to the Persian Gulf. It is used to transport about 20% of global daily oil consumption.
It appears that Iran was not very close to trying to block shipping through the Strait of Hormuz. That’s what Edward L. Morse, Senior Advisor and Commodities Strategist at Hartree Partners LP ...
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