Topic
straitofhormuz
72 stories, newest first · page 1 of 4.
Politics · Middle EastUS Sanctions Iranian Crypto Exchange BitBank for Bitcoin Transfers to IRGC
The U.S. Treasury Department has sanctioned the Iranian cryptocurrency exchange BitBank, alleging it facilitated the transfer of hundreds of millions of dollars in Bitcoin to Iran's Islamic Revolutionary Guard Corps (IRGC). The transfers were reportedly linked to payments for passage through the Strait of Hormuz.
Middle East2 min readTrust 42 · Craft 57 · Hype 41
Conflict & Security · Middle EastJD Vance: US-Iran conflict to enter new phase in months
US Vice President JD Vance said the conflict with Iran is expected to enter a "much different phase" within months. He also suggested the war could conclude shortly after the upcoming midterm elections, aligning with President Trump's predictions.
Middle East3 min readTrust 86 · Craft 95 · Hype 30
Conflict & Security · Middle EastOil tanker EL GAIA explodes after mine collision in Strait of Hormuz
An oil tanker exploded and caught fire in the Strait of Hormuz after colliding with mines, according to Iran's Islamic Revolutionary Guard Corps. The tanker was reportedly attempting to cross a prohibited zone. Thirteen crew members were rescued, and one remains missing.
Middle East2 min readTrust 42 · Craft 57 · Hype 41
Business & Economy · Middle EastOil Prices Rise Amid Middle East Attacks and Diplomatic Setbacks
Oil prices surged on Monday, with Brent crude reaching $107.51 per barrel and WTI crude at $102.32. Attacks by Houthi rebels on Saudi Arabia and incidents in the Strait of Hormuz contributed to the rise, alongside the postponement of a meeting between Iran and Persian Gulf powers.
Middle East3 min readTrust 42 · Craft 57 · Hype 41- Politics · Middle East
Gulf foreign ministers to meet Iran over Strait of Hormuz shipping
Foreign ministers from Gulf states are planning to meet with their Iranian counterpart in Salalah, Oman, on Monday. The meeting's objective is to exert pressure on Oman and Iran to reach a temporary agreement concerning shipping through the Strait of Hormuz.
Middle East1 min readTrust 56 · Craft 77 · Hype 15
Conflict & Security · Middle EastUS Navy SEALs Cleared Hormuz Strait Mines in Secret Operation
US Navy SEALs completed a four-month covert operation to clear mines from the Strait of Hormuz, employing divers, drones, and robotic boats. The mission aimed to secure a critical global oil route, though questions remain about the complete removal of all threats.
Middle East4 min readTrust 60 · Craft 60 · Hype 45
Conflict & Security · Middle EastIran's Revolutionary Guards Seize US Submarine Drone in Strait of Hormuz
Iran's Revolutionary Guards announced on Tuesday they seized a U.S. unmanned submarine drone in the Strait of Hormuz. The Guards described the drone as highly advanced and equipped with the latest technology. The incident occurs amid the ongoing Middle East war and existing blockades.
Middle East3 min readTrust 42 · Craft 61 · Hype 48
Business & Economy · Middle EastHouthis attack Saudi energy sites, wounding 73; oil prices surge
Houthis attacked energy facilities in Saudi Arabia, wounding 73 people and causing oil prices to rise sharply. Shipping traffic through the Strait of Hormuz slowed amid heightened regional tensions and Iranian threats against the United States.
Middle East3 min readTrust 60 · Craft 60 · Hype 45
Conflict & Security · Middle EastIran threatens US energy assets after tanker strikes
Iran has threatened to retaliate against any new US attacks on its assets, warning that American oil and gas companies in the region share the exposure of Iranian assets. The exchange follows US strikes on three Iranian oil tankers.
Middle East3 min readTrust 42 · Craft 57 · Hype 41
Conflict & Security · Middle EastUS economic pressure on Iran, Treasury Sec. Bessant says Hormuz may be worthless
After six months, United States began offensive against Iran, pairing a naval blockade with sanctions that cut oil revenue and limit currency access. Treasury Secretary Bessant warned at G20 that Strait of Hormuz could become a worthless waterway within two years, and Iranian insiders say the pressure is testing Tehran's ability to withstand the squeeze.
Middle East2 min readTrust 39 · Craft 69 · Hype 30
Conflict & Security · Middle EastVance says Iran conflict not a war, Strait of Hormuz returning to normal
US Vice President JD Vance stated the conflict with Iran is not a war and that the situation in the Strait of Hormuz is nearly back to normal. President Trump is reportedly considering declaring victory.
Middle East4 min readTrust 42 · Craft 59 · Hype 41- Conflict & Security · Middle East
South Korea reviews military options for Hormuz Strait
South Korea is reviewing military options, including potential asset deployment, to ensure freedom of navigation in the Strait of Hormuz. While media reports suggest preparations are underway, officials state no final decision has been reached.
Middle East4 min readTrust 42 · Craft 55 · Hype 41
Politics · Middle EastEU joins US sanctions campaign against Iran
The European Union has officially joined the U.S.-led 'Operation Economic Outcast' sanctions campaign against Iran, announced U.S. Treasury Secretary Scott Bessent. Iran's foreign ministry called the move 'economic terrorism.' U.S. Central Command reported actions in the Strait of Hormuz.
Middle East3 min readTrust 74 · Craft 95 · Hype 32
Politics · Middle EastSultan Haitham bin Tarik to visit UK October 20-22
Sultan Haitham bin Tarik of Oman will make a three-day state visit to the UK from October 20 to 22, hosted by King Charles III and Queen Camilla at Windsor Castle. The visit occurs during a period of heightened pressure on Oman from both the United States and Iran.
Middle East3 min readTrust 70 · Craft 65 · Hype 15
Business & Economy · Middle EastStrait of Hormuz oil transit hits wartime high of 17 million barrels in a day
More than 17 million barrels of oil passed through the Strait of Hormuz on 1 September 2026, the US Energy Secretary announced. The figure is the highest daily transit since the US and Israel attacked Iran in February, and close to pre-war levels of around 20 million barrels per day.
Middle East4 min readTrust 55 · Craft 55 · Hype 25
Conflict & Security · Middle EastUS strikes Iran after IRGC attacks on US bases in Gulf states
US Central Command announced strikes on Iranian Revolutionary Guard Corps targets on 1 September 2026 after IRGC attacks on US military facilities in Kuwait, UAE, Jordan, Bahrain and Iraq. Trump said the campaign would not last long but warned Iran against rebuilding radar and missile systems.
Middle East4 min readTrust 55 · Craft 55 · Hype 35
Conflict & Security · Middle EastTrump dismisses Iran deal value, claims Hormuz control
Donald Trump stated that any deal with Iran is 'not worth the paper it's written on' and that the US has 'almost complete control' of the Strait of Hormuz. He also warned of a significantly stronger military response if Iran retaliates.
Middle East3 min readTrust 50 · Craft 55 · Hype 55
Politics · Latin AmericaPeru breaks diplomatic ties with Iran over nuclear and shipping concerns
Peru announced on 1 September 2026 that it was severing diplomatic relations with Iran. The government cited Iran's obstruction of nuclear inspections and its restrictions on shipping through the Strait of Hormuz as key reasons for the decision. Consular relations will continue.
Latin America3 min readTrust 78 · Craft 65 · Hype 25
Conflict & Security · Middle EastScott Bessent: Strait of Hormuz will be worthless in two years
US Treasury Secretary Scott Bessent stated that the Strait of Hormuz will become worthless to the oil industry within two years. He believes new oil pipelines will bypass the waterway, reducing reliance on it.
Middle East2 min readTrust 76 · Craft 52 · Hype 15
Conflict & Security · Middle EastUS considers limited strikes in Strait of Hormuz
US President Donald Trump and senior officials are considering a plan for limited strikes in the Strait of Hormuz. Developed by US Central Command, the plan aims to stop Iran from rebuilding military capabilities to attack ships.
Middle East4 min readTrust 42 · Craft 57 · Hype 41