Hormuz
- Business
OPEC+ approves further oil output increase as Strait of Hormuz exports recover
OPEC+ Agrees to Further Increase Output Targets in August OPEC+ has announced a plan to boost output targets starting in…
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Iran says new Hormuz route ‘unacceptable,’ warns on transit
Iran’s Islamic Revolutionary Guard Corps issued a stark warning to shipowners regarding the use of new transit routes through the…
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Traffic rebounds in Strait of Hormuz but anxiety threatens recovery
The recent events in the Strait of Hormuz have caused a wave of uncertainty for shipping traffic in the region.…
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Hormuz relief may not ease the economic toll that’s already ‘baked in,’ analysts warn
The recent signing of a memorandum between the U.S. and Iran to reopen the Strait of Hormuz has brought relief…
Read More » - Finance
Iran reportedly closes Strait of Hormuz again, raising doubt over talks
Iran’s military announced the closure of the Strait of Hormuz on Saturday, warning vessels to stay away from the critical…
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