Traffic in the strait has all but halted as Iran renews its attacks, striking two vessels on Wednesday. More than 300 ships linked to Iran have passed through the strait since the war began.
Category: Iran
-
Oil Prices Creep Up as Investors Weigh Cease-Fire Extension
Oil prices stablized as investors scrambled to make sense of President Trump’s decision to extend the cease-fire with Iran
-
Hoarding Is Driving Energy Prices Higher Everywhere
As wealthy nations scramble to secure stocks of oil, the result is higher prices for all and shortages in vulnerable countries.
-
Strait of Hormuz May Not Return to Normal, Whether It’s Open or Closed
The energy industry is planning for a future where the choke point on Iran’s southern coast is a lot less important.
-
Oil Prices Recede and Stocks Gain as Investors Eye Peace Talks
Oil prices pulled back and stocks inched higher as investors looked to the possibility of a second round of peace talks between the United States and Iran.
-
The Peace Rally Gets Derailed
Oil prices are climbing and global stocks are falling as investors worry about the prospects for a speedy end to the war in the Middle East.
-
Oil Prices Jumped and Stock Futures Fell on Renewed Iran Conflict
Traders, hopeful on Friday that a peace deal was near, were digesting the developments over the weekend.
-
Reopening Strait of Hormuz Would Ease Oil Crisis but Only So Much
Analysts said energy and shipping companies would be reluctant to fully restore operations until they were confident that hostilities were over.
-
Strait of Hormuz Is Open During Cease-Fire in Lebanon, U.S. and Iran Say
Friday’s statements raised investors’ hopes that oil and gas would start moving out of the Persian Gulf in significant volumes again.
-
Oil Prices Fall Sharply After Iran Says Strait of Hormuz Is Open
But analysts said it was not clear how quickly the oil industry in the Persian Gulf would be able to get back to normal.
-
Pentagon Seeks Help From Ford and G.M.
Concerned about the slow pace and high cost of weapons production, Pentagon officials have begun talks with General Motors and Ford Motor about producing certain parts.
-
Despite Cease-Fire, Iran’s Hackers Haven’t Logged Off
Tehran’s digital warriors have continued to seek ways to gain an advantage in the conflict in a new phase of cyberspace operations.