Tensions have sharply escalated in the Middle East as Iran announced the closure of the Strait of Hormuz, accusing the United States of violating prior understandings amid an ongoing naval blockade. In a statement today, the Islamic Revolutionary Guard Corps (IRGC) declared that control of the strategic waterway had “returned to its previous s...
•Trump and crude oil Global oil prices plunged by about 10 per cent today after U.S. President Donald Trump confirmed that the strategic Strait of Hormuz has been reopened to commercial shipping, easing fears of prolonged supply disruptions. The announcement followed a statement by Iran’s Foreign Minister Abbas Araghchi, who declared that the ...
•Trump and US Navy US President Donald Trump ordered the US Navy yesterday to block key Gulf sea lane the Strait of Hormuz, furious with Iran’s refusal to surrender its nuclear ambitions after peace talks broke down without agreement. In response, Iran’s Revolutionary Guards warned they have traffic in the strategic waterway under full control...
•A vessel around the Strait of Hormuz Iran announced alternative routes today for ships travelling through the Strait of Hormuz, citing the risk of sea mines in the main zone of the vital waterway. Tehran has agreed to temporarily reopen the Strait, through which one-fifth of the world’s oil usually passes, as part of a […]
•An oil tanker pictured off the Iranian port city of Bandar Abbas, which is the main base of the Islamic republic’s navy and has a strategic position on the Strait of Hormuzon Two ships have passed through the Strait of Hormuz since Iran agreed to reopen the waterway as part of a ceasefire deal, maritime […]
After a blockade that lasted over a month, pushing fuel prices to the rooftop across the world, Iran has agreed to reopen the Strait of Hormuz under certain conditions. The Strait of Hormuz is a waterway between the Persian Gulf and the Gulf of Oman. On the north coast lies Iran, and on the south […]
Oil extended gains today as a US-imposed deadline for Iran to open the Strait of Hormuz or be “taken out” approaches. President Donald Trump threatened to order attacks on Iranian bridges and power plants and to rain “hell” on Tehran if it fails to comply with his deadline of 8 p.m. EDT Tuesday (0000 GMT […]
•Ukrainian President Volodymyr Zelensky Ukrainian President Volodymyr Zelensky in remarks made public today said his country could help unblock the Strait of Hormuz, whose closure by Iran has rattled the global economy. Iran has placed a stranglehold on the key shipping lane — threatening fuel supplies and roiling energy markets — in retaliati...
The United Arab Emirates is preparing to help the United States and other allies open the key Strait of Hormuz waterway by force, the Wall Street Journal said yesterday, citing Arab officials. Officials told the WSJ that the UAE is lobbying for a UN Security Council resolution authorizing such a force, adding that diplomats have […]
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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