News #Strait of Hormuz

US and Iranian negotiators held their highest-level talks in half a century in Pakistan on Saturday to try to end their six-week war

Ukrainian President Volodymyr Zelenskyy in remarks made public Friday said his country could help unblock the Strait of Hormuz, whose closure by Iran has rattled the global economy.

Saudi Arabia’s crucial East-West pipeline that circumvents the Strait of Hormuz is pumping oil at its full capacity of 7 million barrels a day, according to a person familiar with the matter.

Iran’s new supreme leader, Mojtaba Khamenei, said Thursday that the closure of the Strait of Hormuz maritime passage should be continued

U.S. crude oil on Friday posted its biggest weekly gain in futures trading history, as the escalating war in the Middle East has triggered a major disruption to global fuel supplies.

President Donald Trump said on Tuesday he had ordered the US International Development Finance Corporation to provide political risk insurance and financial guarantees for maritime trade travelling the Gulf,

Oil shipping has largely paused in the Strait of Hormuz that links the oil-rich Persian Gulf to the open seas after the US and Israel bombed Iran