Trump Claims “Total Control” of Strait of Hormuz as Ship Traffic Falls to One-Week Low President Trump declared Wednesday, August 12, that the United States maintains “total control” over the Strait of Hormuz, doubling down on a claim he first made to reporters a day earlier — even as actual shipping traffic through the waterway … Read more
US Navy Fires Missiles to Disable Ship Running Iran Blockade as Hormuz Standoff Drags On A U.S. Navy helicopter fired two Hellfire missiles into the engine room of a cargo ship early Tuesday, August 11, after its crew ignored repeated warnings while attempting to break Washington’s naval blockade of Iranian ports — the third vessel … Read more
Wall Street Braces for Wednesday’s CPI Report as Oil Rallies on Stalled Hormuz Talks Wall Street enters this week’s trading with two major forces pulling in opposite directions: a critical July inflation report due Wednesday that could tip the scales on whether the Federal Reserve raises interest rates next month, and a fresh oil rally … Read more
Iran Lays Out Sweeping New Demands for Reopening Strait of Hormuz After UAE Tanker Struck by Missile Iran’s Supreme National Security Council issued a new set of sweeping demands Saturday, August 8, for reopening the Strait of Hormuz — insisting the United States must lift its naval blockade, withdraw military forces from the region, and … Read more
Oil Tumbles as Wall Street Reacts to Trump’s Iran De-Escalation, With Jobs Report and Big Earnings Still Ahead This Week Oil prices dropped sharply to start the week after President Trump announced he had called off a planned military strike on Iran in favor of pursuing a diplomatic deal, giving markets a jolt of relief … Read more
Trump Cancels Planned Iran Strike, Says Deal “Perimeters” Agreed as Saudi Crown Prince Urges Restraint President Trump announced late Saturday, August 1, that he had called off a planned U.S. military strike on Iran after Tehran and several Middle Eastern nations asked for more time to finalize a broader agreement — one that Trump said … Read more
Oil Prices Hit Six-Week High as U.S.-Iran Tensions Escalate and Shipping Risks Grow Global oil markets surged on Thursday, July 23, 2026, as escalating military tensions between the United States and Iran increased fears of disruptions to some of the world’s most important energy shipping routes. Brent crude climbed to its highest level in more … Read more
Trump Orders New U.S. Measures in Strait of Hormuz as Iran Conflict Intensifies The United States announced a series of new measures aimed at strengthening its control over maritime security in the Strait of Hormuz, following another day of escalating military exchanges between U.S. and Iranian forces. President Donald Trump said Washington would take additional … Read more
U.S.-Iran Tensions Escalate Again as New Strikes Raise Global Security and Energy Concerns The security situation in the Middle East intensified over the weekend after the United States and Iran exchanged another round of military strikes, raising fears that the fragile diplomatic progress achieved earlier this year could collapse. The latest developments have drawn worldwide … Read more
U.S. Launches Major Strikes on Iran After Strait of Hormuz Attack Escalates Middle East Crisis The United States launched a new round of military strikes against Iran early Sunday after an Iranian attack on a commercial vessel in the Strait of Hormuz dramatically escalated tensions in the Middle East. According to U.S. military officials, the … Read more