Strait of hormuz
Islamic regime launches Persian Gulf Strait Authority, ships reportedly start paying tolls
Ships transiting the Strait of Hormuz now face tolls and strict Iranian oversight as Tehran launches the Persian Gulf Strait Authority, with JPMorgan forecasting 11‑figure annual revenue from tolls.
Kharg Island and the new energy war over Iran’s collapsing oil exports - opinion
Trump says 'clock is ticking for Iran' after call with Netanyahu on China, Hormuz
Iran to unveil new mechanism to manage Strait of Hormuz traffic
CENTCOM prepares for renewed strikes in Iran, IDF strikes Hezbollah in southern Lebanon
UAE places travel ban Iran • UK raises terror threat level to severe • Netanyahu pushes for new deadline on Lebanon talks.
CENTCOM prepares 'short and powerful' wave of strikes on Iran, Trump to be briefed on plan - Axios
Another plan expected to be shared with Trump focuses on taking over part of Hormuz to reopen it to commercial shipping, the report added, noting that such an operation may involve ground forces.
World Bank warns of 16% rise in commodity pricing over Hormuz closure
World Bank forecasts a 24% rise in energy prices in 2026, driven by the Iran conflict and the continued closure of the Strait of Hormuz, affecting global markets.
Trump tells aides to prepare for extended blockade of Iran, WSJ reports
Trump reportedly believed that maintaining the blockade was less risky than walking away or restarting the conflict.
UAE taking advantage of long-term global energy needs by leaving OPEC - analysis
“At a pivotal moment in the process of supporting the stability of global energy markets, the UAE adopted a long-term strategic and economic vision,” one report says.
The Hormuz digital chokepoint: How does the Iran war threaten subsea cables? - explainer
Subsea cables are fiber-optic or electrical cables laid on the sea floor to transmit data and power. They carry around 99% of the world's internet traffic.
Iran uses improvised oil storage to avoid damage to oil facilities amid blockade - report
This situation stems from the fact that the Iranian extraction and refining systems can't be shut down, with Kharg Island's infrastructure at risk of failure if the oil flow is cut.
UAE leaves OPEC and OPEC+ in major blow to global oil producers' group
UAE Energy Minister Suhail Mohamed al-Mazrouei told Reuters the decision was made after a careful look at the regional power's energy strategies.
Rubio on White House shooting: 'A lot of leadership' and warns Iran 'seeks to dominate the region'
Rubio called the shooting an “unfortunate situation” that an individual could disrupt the important event, and said, "That’s kind of the world we live in right now.”
Popular protests may be inevitable, warns Iran's Supreme National Security Council - Iran Intl
Iran’s economy cannot withstand more than six to eight weeks of naval blockade, according to the report presented to the Security Council. The US blockade has now been in place for two weeks.
