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Statement from Iran on the Strait of Hormuz: It Will Remain Closed Until Conditions Are Met
Iranian Parliament Speaker Mohammad Bagher Ghalibaf announced that the Strait of Hormuz will not be opened until Tehran's conditions are met, amid ongoing tanker attacks and economic pressures in the region.
News
World
US Shift in Iran Strategy and Strait of Hormuz Developments Push Brent Crude Down
The barrel price of Brent crude dropped to $84.86 as the likelihood of a US military strike against Iran decreased and a temporary joint corridor agreement was reached in the Strait of Hormuz.
World
Energy
News
Economy
