Trump announces Strait of Hormuz blockade
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Entering this weekend’s high-stakes talks in Pakistan, US officials identified a number of key areas where they would need to see progress in order to declare success.
US and Iranian delegations fail to reach common ground after 21 hours of negotiations, with both sides blaming the other for unreasonable demands
As U.S.-Iran talks in Pakistan ended without a deal, U.S. stock futures were sliding and oil was climbing, based on trading via a crypto-based trading platform.
The destroyers were beginning mine-clearing operations in the vital waterway, U.S. Central Command said Saturday.
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Why reopening the Strait of Hormuz won’t be enough to solve shipping woes and high oil prices
Reopening the Strait of Hormuz is proving to be difficult. But even if the vital waterway fully opens and oil and other necessary cargo sail out, it won’t be enough to return things to normal.