Tag: Strait of Hormuz
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Trump weighs Taiwan arms package after summit aimed at steadying US-China ties
U.S. President Donald Trump said Friday that he has not made a decision on whether to move forward with a major arms package for Taiwan after hearing concerns ... -
Trump and Xi appear intent on keeping deep differences over Iran war from overshadowing summit
President Donald Trump is set to leave today [Macau time] for Beijing to meet with President Xi Jinping after weeks of trying, and failing, to persuade ... -
Asia braces for a second wave of energy shocks from the Iran war
Asia’s first defenses against energy shocks from the Iran war are running short and a more consequential second wave of impacts is beginning to hit. When ... -
China is stepping up its Iran war diplomacy ahead of Trump’s summit with Xi
China’s diplomatic role in the Iran war has come into sharper focus following talks between Chinese and Iranian foreign ministers yesterday, days before U.S. President Donald ... -
Soaring oil prices ease and markets rise
Oil futures fell yesterday while Wall Street rose even as stalled U.S.-Iran talks raised doubts over the reopening of the Strait of Hormuz and a permanent ... -
Despite proposal from Iran, ceasefire negotiations with US are in flux
Iran’s foreign minister continued his shuttle diplomacy, landing in St. Petersburg for talks with Russian President Vladimir Putin yesterday after a weekend in Pakistan and Oman. ... -
US imposes sanctions on a China-based oil refinery and 40 shippers over Iranian oil
President Donald Trump’s administration is placing economic sanctions on a major China-based oil refinery and roughly 40 shipping companies and tankers involved in transporting Iranian oil. ... -
Pakistan preps Iran–US talks amid Tehran uncertainty
Pakistan pressed ahead yesterday with the groundwork for a second round of talks between Iran and the United States in Islamabad as a fragile ceasefire hung ... -
Iraqi captain keeps sailing amid regional war
Aboard an oil tanker plying the tense waters between the Gulf of Oman and the Strait of Hormuz, Iraqi Captain Rahman Al-Jubouri continues to work in ... -
Oil prices jump and stocks are mixed as the US-Iran standoff keeps the Strait of Hormuz in limbo
Oil prices climbed more than 5% while world shares were mixed yesterday as a standoff between Iran and the U.S. prevented tankers from using the Strait ... -
Iran doubles down on closing the Strait of Hormuz as the ceasefire nears expiration
I ran doubled down on its pledge to restrict ships passing through the Strait of Hormuz as long as the U.S. blockade of Iranian ports remains ... -
AP Exclusive: Europe has ‘maybe 6 weeks of jet fuel left,’ energy agency head warns
Europe has “maybe six weeks or so” of remaining jet fuel supplies, the head of the International Energy Agency said yesterday in a wide-ranging interview, warning ... -
Efforts underway for 2nd round of US-Iran talks as ships reported transiting Hormuz
The standoff between the United States and Iran deepened yesterday as the U.S. declared it had blockaded Iran’s ports, Tehran threatened to strike targets across the ... -
US military is poised to blockade Iranian ports, while Tehran threatens ports in the Mideast
The U.S. military vowed to blockade all Iranian ports starting yesterday, part of efforts to force Tehran into agreeing to open the crucial Strait of Hormuz ... -
US and Iran end ceasefire talks and Vance heads home without an agreement
The United States and Iran ended face-to-face talks yesterday without an agreement to end the war, leaving a fragile two-week ceasefire in doubt. U.S. officials said ... -
Hormuz effect reaches China’s coast: Energy volatility and Asian exposure
ANALYSIS The renewed instability around the Strait of Hormuz is doing what geopolitics does best – exposing the fine print in energy strategies that once looked ... -
Ceasefire teeters with disagreements over Lebanon and Hormuz
A tentative ceasefire in the Iran war staggered yesterday under the weight of Israel’s bombardment of Beirut, Tehran’s continued chokehold on the Strait of Hormuz and ... -
Europe’s exposure to the ‘Hormuz Shock’
Europe’s exposure to the current closure by Iran of the Strait of Hormuz (“Hormuz Shock”) is significant, chiefly because it strikes at the heart of the ... -
Iraq’s oil hub slows to a crawl as Strait of Hormuz shutdown strangles exports
Iraqi oil fields once alive with the buzz of workers are nearly deserted. Ports that pulsed with the churn of cargo have fallen still, the din ... -
A month into war, Iran is holding the world economy hostage
One month into their war with Iran, the United States and Israel face an opponent that behaves less like a conventional state and more like an ... -
Iran received a ceasefire plan from the US but Tehran dismisses idea
Iran has received an American 15-point plan for a ceasefire for the Iran war through intermediaries from Pakistan, officials in Islamabad said yesterday. The proposal was ... -
Crisis Trump claims US has been holding talks with ‘respected’ Iranian leader
United States President Donald Trump says Iran wants “to make a deal”and claims U.S. envoys have been holding talks with a “respected” Iranian leader. Trump told ... -
Takaichi meets with Trump as he seeks help securing the Strait of Hormuz
The meeting that Japanese Prime Minister Sanae Takaichi will have at the White House today [Macau time] originally seemed like a prime opportunity to have President ... -
Iran war pushes countries into energy triage as they conserve power and curb soaring prices
The escalating war with Iran is pushing parts of the world into energy triage, forcing governments to choose where to cut demand or absorb costs, while ... -
Trump calls for help to reopen the Strait of Hormuz
U.S. President Donald Trump said he has demanded about seven countries send warships to keep the Strait of Hormuz open as Iranian strikes continued to rain down on Gulf countries ... -
Ships identify themselves as Chinese to avoid Iranian attacks
Some commercial ships near or in the Strait of Hormuz and Persian Gulf have declared themselves as China-linked since the Iran war began, marine traffic data ... -
War with Iran delivers another shock to the global economy
The war with Iran is doing collateral damage to the world economy. The conflict is driving up energy and fertilizer prices; threatening food shortages in poor ...
