World ·
Iran and Oman Agree on New Temporary Route in Strait of Hormuz
Iran and Oman have reached an agreement on a new temporary maritime route in the Strait of Hormuz, according to a deputy foreign minister.
Tagged: Strait of HormuzClear
World ·
Debate Rages in Iran as Strategic Value of Strait of Hormuz Faces Erosion
A major debate is unfolding inside Iran regarding the strategic value of the Strait of Hormuz as neighboring Gulf countries plan alternative pipelines to bypass the waterway. Although the office of Iran's supreme leader recently framed the chokehold as a pillar of its security order equivalent to possessing a nuclear weapon, analysts warn its diminishing economic leverage could leave the country vulnerable to upcoming U.S. sanctions.
World ·
Trump Says All Mines Cleared from Strait of Hormuz
Donald Trump has announced that all mines have been cleared from the Strait of Hormuz, a vital waterway that Iran closed at the beginning of the conflict, causing wild fluctuations in global oil prices.