Keywords: Strait of Hormuz
The US dollar strengthened sharply as tensions between Washington and Tehran escalated ahead of the expiration of President Donald Trump’s ultimatum over the Strait of Hormuz, driving investors toward safe-haven assets and pressuring Asian currencies and equities. The dollar index rose to around......
Goldman Sachs has sharply increased its oil price outlook for 2026, citing what it describes as the largest supply shock in history driven by the near-total disruption of flows through the Strait of Hormuz. The bank now expects Brent crude to average $85 per barrel this year, up from a previous forecast......
The world is facing an energy crisis more severe than the combined oil shocks of the 1970s, the International Energy Agency warned, as tensions between the United States and Iran escalate over control of the Strait of Hormuz. The warning comes as US President Donald Trump issued a 48-hour ultimatum......
Oil prices have surged to their highest levels in nearly four years as the conflict involving Iran disrupts global energy supply, raising inflation risks and reviving concerns about stagflation. Brent crude closed at $112.19 per barrel on Friday, its highest level since July 2022. In the United States,......
China has issued a strong warning against further escalation in the Middle East, cautioning that continued military action could trigger a “vicious cycle” of instability across the region. Speaking at a press briefing, Chinese Foreign Ministry spokesperson Lin Jian called on all parties......
Iran has warned it could completely shut down the Strait of Hormuz if the United States follows through on threats to target Iranian energy infrastructure. According to an official statement broadcast on state media, Iran’s Khatam al-Anbiya joint command headquarters declared that any attack on......
A senior British minister emphasized that U.S. President Donald Trump speaks for himself regarding his recent threat to “obliterate” Iran’s power plants if the Iran did not fully reopen the Strait of Hormuz within 48 hours. Steve Reed, the UK Secretary of State for Housing, Communities......
Japan has indicated it could consider a limited military role in securing the Strait of Hormuz, one of the world’s most critical energy corridors, but only under the condition of a ceasefire in the ongoing tensions involving Iran. Speaking in a televised interview, Toshimitsu Motegi explained......
Tensions in the Middle East have escalated sharply after Donald Trump issued a stark ultimatum to Iran, demanding the reopening of the Strait of Hormuz within 48 hours or face severe consequences. The strategic maritime corridor, vital for global oil shipments, has become a focal point of the crisis.......
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