Massive Oil Tanker Damaged and on Fire Near Oman
According to the Anadolu Agency, a massive oil tanker with a capacity of 2.5 million barrels was severely dama…
Oil Tanker Hit by Projectile in Strait of Hormuz and Explodes
The British Maritime Authority reported that an oil tanker in the Strait of Hormuz was hit by an unknown proje…
Corn and Soybean Prices Surge Due to Urea Supply Worries
According to Anadolu Agency, corn prices increased by 13.3% and soybean prices by 22.6% following the closure…
Warnings of Continued Threats in Hormuz Strait
According to Al Jazeera, crude flows through the Hormuz Strait have recovered, but tanker insurance costs and…
Qatar PM Calls Netanyahu a "War Criminal" and Commits to Mediation Efforts
According to the Anadolu news agency, the Prime Minister of Qatar, Sheikh Mohammed bin Abdulrahman Al Thani, d…
President Trump Claims Unprecedented Oil Extraction from Strait of Hormuz
US President Donald Trump said that the United States has extracted unprecedented amounts of oil from the Stra…
Rubio and Saudi Foreign Minister Discuss Security Cooperation in Yemen and Strait of Hormuz
According to Al Jazeera, Senator Rubio and the Saudi Foreign Minister held discussions on security cooperation…
Qatar to Offer New Ideas to US on Reopening Strait of Hormuz
According to Anadolu Agency, Iran announced that contacts with the United States have become more serious sinc…
Iraq Seeks Oil Export Alternatives Amid Hormuz Strait Blockade
According to Al Jazeera, the continued blockade of the Strait of Hormuz has forced Iraq to look for alternativ…
Oil Prices Surge After Trump Rejects Iran's Hormuz Strait Proposal
According to Al Jazeera, oil prices surged sharply after the United States rejected Iran's proposal to reopen…
Global Markets Under Pressure Due to US-Iran Tensions
According to Anadolu Agency, US President Donald Trump rejected Iran's proposal for a seven-day ceasefire in t…
Iran Announces Capture of U.S. Drone in Strait of Hormuz
According to the Anadolu Agency, Iran announced that it has brought a Remus 600 American drone under its contr…