Topic
straitofhormuz
4 stories, newest first.
- Business & Economy · Middle East
Aramco Q2 2026 profit rises 42% on higher oil prices despite Hormuz disruptions
Saudi Aramco posted a 42% year-on-year increase in second-quarter net profit to $32.4bn, driven by higher crude and refined product prices, though production fell after Iran closed the Strait of Hormuz. Cash flow and hydrocarbon output declined from the previous quarter.
Middle East4 min readTrust 70 · Craft 85 · Hype 15 
Conflict & Security · Middle EastShip attacked in Strait of Hormuz, UKMTO reports
A cargo ship was hit by an unknown projectile in the Strait of Hormuz, the British Maritime Safety Authority said. The attack, near Oman’s coast, follows previous incidents involving Tehran’s forces in the key oil and gas export route.
Middle East3 min readTrust 62 · Craft 51 · Hype 41
Politics · Middle EastTrump says US talks with Iran are Tehran’s ‘last chance before decapitation’
Donald Trump said the United States is negotiating with Iran as a final opportunity to avoid military action, calling it Tehran’s ‘last chance before decapitation’. Iran’s foreign ministry insists it is only discussing a shipping corridor with Oman, not the US, while the Strait of Hormuz remains blockaded.
Middle East5 min readTrust 68 · Craft 95 · Hype 35
Conflict & Security · Middle EastUS signs $3bn missile defence deals as Iran demands control of Strait of Hormuz
The US Department of Defense has signed framework agreements with Lockheed Martin and Northrop Grumman to increase production of missile defence systems, including THAAD and Patriot. Northrop Grumman stated the deals are worth $3 billion. Meanwhile, Iran has demanded control over the Strait of Hormuz as a condition for ending military actions.
Middle East5 min readTrust 42 · Craft 51 · Hype 21