20 articles tagged with #Strait of Hormuz
PoliticsTrump envoys are heading to Pakistan for fresh peace talks with Iran, just as the Strait of Hormuz is causing trouble again barely two weeks into a ceasefire. Iran's foreign minister is already on the ground, per CBS News.
EconomicsIraq has announced a major new oil discovery near the Saudi border, even as it already holds the world's fifth largest proven reserves at 145 billion barrels. The news arrives amid escalating tensions around the Strait of Hormuz.
PoliticsThe US has warned shipping companies that paying Iran for transit through the Strait of Hormuz could expose them to sanctions, adding another layer of legal jeopardy to one of the world's most critical waterways.
PoliticsA 141-metre superyacht linked to a close ally of Russian President Vladimir Putin has passed through the Strait of Hormuz despite an ongoing blockade, the BBC has reported.
PoliticsPresident Trump announced US negotiators will travel to Pakistan Monday for talks with Iran, but Tehran has signaled it may not send its own delegation while a naval blockade dispute remains unresolved, with a ceasefire due to expire Wednesday.
ConflictIran has accused the US of violating a fragile ceasefire after President Trump ordered the Navy to guarantee safe commercial passage through the Strait of Hormuz, with Tehran warning of a shifting dynamic in the strategically vital waterway.
ConflictIran has threatened to retaliate after U.S. Marines seized an Iranian cargo ship near the Strait of Hormuz, an incident that coincides with an approaching ceasefire deadline in the region.
ConflictPresident Trump has ordered the U.S. Navy to destroy Iranian vessels caught laying mines in the Strait of Hormuz, escalating a Gulf standoff that is already disrupting global energy markets and straining a fragile ceasefire.
ConflictThe Strait of Hormuz, a critical passage for Middle Eastern oil exports, has become a central element in the ongoing conflict between Iran and the United States, with potential consequences for global energy markets.
ConflictNorwegian foreign affairs minister Espen Barth Eide says NATO members have very limited appetite for joining the Iran war, while insisting Europe is fulfilling its security role in the Strait of Hormuz.
ConflictA CBS News team traveled by boat into the Strait of Hormuz, offering a rare firsthand look at one of the world's most strategically vital and contested maritime corridors.
PoliticsIran has mocked the Trump administration after 'Project Freedom', a US scheme to open the Strait of Hormuz, collapsed within a day of its announcement, reportedly after Saudi Arabia refused to allow American forces use of its military bases.
ConflictIran reopened the Strait of Hormuz to commercial vessels on Friday before closing it again, accusing the United States of 'piracy' and warning ships to stay clear until a US blockade is lifted.
PoliticsPresident Trump has ordered a naval blockade of the Strait of Hormuz to increase economic pressure on Iran and break deadlocked nuclear negotiations, a move that also targets China's access to Iranian oil but risks driving up fuel prices at home.
PoliticsPresident Trump accused Iran of keeping the Strait of Hormuz closed solely to save face, saying the closure is costing Tehran $500 million per day in lost oil revenues.
ConflictA French carrier group has repositioned south of the Suez Canal, placing air assets within range of the Strait of Hormuz ahead of a potential joint mission with the United Kingdom, as US naval forces continue a blockade of Iranian ports.
ConflictA Hezbollah lawmaker has declared the group "firmly rejects" the extended Israel-Lebanon ceasefire, according to CBS News, as the United States and Iran remain in a tense confrontation over the Strait of Hormuz.
PoliticsA string of premature and poorly coordinated public statements from both the Trump administration and Iranian officials has derailed diplomatic progress, with Iran now threatening to block commercial shipping through the Strait of Hormuz.
EconomicsThe Bank of England is expected to keep interest rates on hold as policymakers evaluate the economic impact of the Iran war and disruption to oil flows through the Strait of Hormuz.
PoliticsIran's dominance over the Strait of Hormuz, through which roughly 20 percent of global oil supply passes, gives Tehran a powerful lever in its ongoing negotiations with Washington over its nuclear program.
