Strait of Hormuz
Trump warns of ‘economic D-Day’ against Iran, but Tehran is well acquainted with sanctions
NEW YORK | Nearing the six-month mark of the Iran war and facing diminishing stockpiles of key weapons, the Trump administration is touting a crushing financial campaign against Tehran, promising an “economic D-Day” against a country that has so far withstood nearly five decades of punishing American sanctions. With sparse details, President Donald Trump announced […]
Trump says US has no planned talks with Iran and other news from the Middle East
President Donald Trump on Tuesday said the U.S. has no planned talks with Iran but insisted the Strait of Hormuz remains “open and operating,” despite limited traffic and a reported strike on a ship exiting the waterway. Trump wrote on social media that a U.S. blockade there remains “in full force and effect,” and asserted […]
The 60-day deadline for an Iran peace deal is expiring. Here’s where things stand
The deal that U.S. President Donald Trump signed at Versailles in June set an ambitious 60-day deadline for ending the war with Iran and reaching an accord on its nuclear program. The deadline was Monday, and the two sides are further apart than they were then. Talks, such as they are, have focused on reopening […]
2 UAE tankers attacked while transiting Strait of Hormuz, and other news from the Middle East
The United Arab Emirates is blaming Iran for firing drones at two tankers operated by a state-owned oil company as they sailed through the Strait of Hormuz, saying Friday that the attacks were acts of piracy. The attacks caused no casualties but underlined the dangers faced by vessels seeking to move cargo through the critical […]
Iran and the US say a Strait of Hormuz deal is close, but one or both would have to back down
CAIRO | Iran said Wednesday it is in the “final stage” of drafting an agreement with Oman over the Strait of Hormuz, and U.S. President Donald Trump has said a deal could be announced this week. That could potentially reopen the critical waterway, ease pressure on the world economy and help bring an end to […]
Iran and Oman could control Strait of Hormuz as Trump says deal to reopen could come today
CAIRO | U.S. President Donald Trump said a deal to reopen the Strait of Hormuz could come as early as Wednesday, as Iran and Oman inched toward an agreement on the critical waterway that could ease pressure on the global economy and potentially help bring an end to the war. The U.S., along with Israel, […]
Cargo ship reports being struck in Strait of Hormuz as US, Iran claims about talks diverge
CAIRO | A British maritime monitoring agency said a cargo ship reported being hit by a projectile overnight off the coast of Oman in the Strait of Hormuz, while the United States and Iran made opposing claims about whether they were holding talks. U.S. President Donald Trump on Monday said the two sides are resuming […]
Trump says Gulf leaders’ input weighed heavily in decision to hold off on ordering new Iran strikes
WASHINGTON | U.S. President Donald Trump said Sunday he decided to hold off on ordering American forces to carry out new strikes against Iran at the urging of Gulf allies Qatar, Saudi Arabia and United Arab Emirates. The U.S. president added that a plan was in place for U.S. forces to carry out “the biggest […]
Major oil companies reap massive profits as US and Iran fighting drives energy prices higher
NEW YORK | American oil and gas giants raked in massive spring profits while fighting between Iran and the U.S. impeded petroleum shipments and consumers around the world paid more for fuel and confronted shortages. The conflict, now in its sixth month, halted most shipping through the Strait of Hormuz, a narrow waterway that previously […]
Mediators see progress in diplomatic efforts to halt Iran war, 2 regional officials say
CAIRO | Mediators have achieved progress in efforts to get the United States and Iran back to negotiations and avert an all-out war in the Middle East, two regional officials said Monday, with a pause in attacks coming after a period of rapidly escalating tensions. The comments came after neither the U.S. nor Iran reported […]