-
Iran will press on with its fight and keep the Strait of Hormuz closed, using the vital waterway as leverage against the United States and Israel, the country’s new Supreme Leader, Mojtaba Khamenei, declared on Thursday.
-
The Trump administration unveiled a $20 billion reinsurance program designed to jump-start shipping through the Strait of Hormuz, where traffic has nearly ground to a halt amid U.S. and Israeli strikes on Iran.
-
As the U.S.–Iran war intensified on Thursday, more oil tankers came under attack in Gulf waters, while Iranian drones crossed into Azerbaijan—raising fears that the conflict could spill over and pull more of the region’s major oil producers into the crisis.
Iran will press on with its fight and keep the Strait of Hormuz closed, using the vital waterway as leverage against the United States and Israel, the country’s new Supreme Leader, Mojtaba Khamenei, declared on Thursday.
